by Robert Smith | Jan 2, 2024 | Housing Market, Mortgage Bankers Association, News for Real Estate Agents
As a real estate agent, it’s crucial to stay informed about market trends, especially regarding mortgage payments and their impact on the housing market. Recent data from the Mortgage Bankers Association (MBA) indicates a decrease in mortgage application...
by Robert Smith | Nov 1, 2023 | Class Action Lawsuits, HomeServices of America, Keller Williams, National Association of REALTORS, News for Real Estate Agents, Sitzer/Burnett
In a landmark decision that has sent ripples through the real estate industry, a federal jury has found in favor of the plaintiffs in the Sitzer/Burnett class-action lawsuit, a case closely watched by real estate professionals across the nation. The jury has ruled...
by Joe Proppe | Oct 27, 2023 | Buyer Agents, Housing Market, Mortgage, News for Real Estate Agents, Real Estate Agent Tips
In the current housing market, with mortgage rates on the rise, many homebuyers are considering adjustable-rate mortgages (ARMs) as a way to afford a home. ARMs offer lower introductory interest rates than fixed-rate mortgages, which can make monthly payments more...
by Robert Smith | Oct 24, 2023 | Buyer Agents, News for Real Estate Agents, Real Estate News, REBNY
In a move that has sent ripples across the real estate industry, the Real Estate Board of New York (REBNY) has announced significant changes to the rules governing buyer agent commissions. The amendment to the Universal Co-Brokerage Agreement stipulates that listing...
by Robert Smith | Sep 23, 2023 | National Association of REALTORS, News for Real Estate Agents
According to a recent article posted on Inman News by Andrea V. Brambila, employees of the National Association of Realtors (NAR) have called for the resignations of the trade organization’s CEO Bob Goldberg, President Tracy Kasper, Chief Legal Officer Katie...
by Robert Smith | Sep 20, 2023 | Anywhere, Class Action Lawsuits, National Association of REALTORS, News for Real Estate Agents, RE/Max, Sitzer/Burnett
In a groundbreaking development in the real estate industry, RE/MAX, one of the largest real estate brokerages, has reached a settlement agreement to resolve the Sitzer and Moehrl class action commission lawsuits. With a $55 million deal, this settlement marks a...
