Mortgage Rates Exceed 7% for First Time This Year
Marking a third straight week of increases and moving over 7% for the first time this year, the 30-year fixed-rate mortgage (FRM) averaged 7.10% this week, up from last week’s increase to 6.88%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. The numbers: The 30-year FRM averaged 7.10 percent…
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The Buyer-Agent Playbook: How Mortgage Mastery Can Boost Your Value Prop
The Buyer-Agent Playbook is a new iteration of RISMedia’s biweekly Playbook segment, specifically centering on buyer agency and how agents are navigating the changes and trends in a post-NAR-settlement environment. The series will provide brokers and agents with insights and information to ensure they not only survive but thrive in these challenging times. Industry professionals…
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Keller Williams ‘Controls’ Agents Who Made Illegal Spam Calls, Judge Rules
In a case that could have broader implications for nearly every large real estate company, a federal judge ruled earlier this week that Keller Williams as a franchisor can be held responsible for the actions of individual agents who made sales calls to individuals on “Do Not Call” registries. The ruling stems from a long-running…
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Cultivating a Data-Driven Legacy
As REcolorado commemorates its 40th anniversary, Justin Knoll’s illustrious career in Colorado’s real estate landscape takes on added significance. With a diverse background, Knoll’s recent venture into proptech development provides a renewed perspective on the industry’s trajectory. Through its four-decade journey, REcolorado has continually set the standard for MLS excellence—driving progress and shaping the future…
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Newsmaker Spotlight: LaMarcus Thurman on a Journey From Finance to Real Estate, and Helping Communities Who Need It
LaMarcus Thurman, vice president of community lending at Howard Hanna and co-founder of company division United Purpose Mortgage, makes an impact as both a professional and an activist. A member of numerous non-profit boards, Thurman’s efforts at expanding homeownership earned him his first RISMedia Newsmakers award in 2024 as a Crusader. For the latest entry…
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Thoughts on Leadership: Navigating Through Change—A Leadership Odyssey
Change, with its inherent unpredictability, can rattle even the most composed teams. The true essence of leadership lies in metamorphosing this uncertainty into a beacon of opportunity, transforming fear into courage, and translating confusion into lucid clarity. Our reaction to change can either be the wind in our sails or the anchor dragging us down.…
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Leading Real Estate Companies of the World Adds New Business Solution
Leading Real Estate Companies of the World® has announced it has added Roomvu to its solutions group program of preferred business resources for its global network of 550 market-leading real estate firms. Roomvu helps real estate professionals sustain their social media presence by automatically posting local, relevant, and timely content on platforms like Facebook, Instagram,…
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RE/MAX Broker Earns National Award at R4 Convention
Above, Andrea Dockery RE/MAX LLC has announced that Broker/Owner Andrea Dockery of RE/MAX Experts in Lakeland, Florida, was named the 2023 Broker/Owner of the Year, Single Franchise in the United States, at the annual RE/MAX R4 Convention in Las Vegas. The award, coming on the heels of Dockery receiving RE/MAX’s Outstanding Brokerage of the Year…
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Supreme Court Denies HomeServices Petition to Consider Burnett Ruling
On Monday, the Supreme Court denied a petition by HomeServices of America—a “Writ of Certiorari”—filed this past February and aimed at nullifying the Burnett ruling; however, plaintiffs won’t be able to claim $4.7 billion in damages as of right now either. HomeServices of Americas’ initial 49-page petition to the Supreme Court was an attempt to…
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Op-Ed: The Truth About Home Prices and Real Estate Commissions
Given the recent proposed settlement agreements and accompanying media hoopla, it is time for the voice of factuality to be heard. Now we must even combat misleading presidential pronouncements, such as this from a March 19, 2024, news conference: “…last week the National Association of Realtors agreed for the first time that Americans can negotiate…
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