Residential Real Estate
10 Top Habits of High-Performing Real Estate Teams
The winning formula to build and scale a successful real estate team in today’s market requires several must-haves, including a positive culture, a powerful marketing reach, effective communication and more. Here are 10 top habits of high-performing real estate teams to consider if you’re looking to form a team. Prioritize team culture A strong culture… […]
Existing-Home Sales Retreated 1.9% in April
Existing-Home Sales Retreated 1.9% in April Home sales changed little overall, but the upper-end market is experiencing a sizable gain due to more supply coming onto the market. Media Contact: Troy Green 202-383-1042
New York Regional Single-Family Home Price Increases 8.9% in April
Bringing positive housing news to both sellers and buyers in one of New York’s priciest areas, housing prices and inventory are both up over last year, according to the latest market report from OneKey MLS, which covers transactions from Montauk to Manhattan, north through the Hudson Valley and the Catskill Mountains. OneKey’s latest data… […]
Mortgage Mix: FHA Requiring ‘Cyber Incident’ Reports; Homeowner Equity Hits New Record
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -Leadership at Fannie Mae is highlighting the use of AI as a possible way to “get out of repurchases altogether,” according to National Mortgage News. At a Mortgage Bankers Association (MBA) conference last week, executives… […]
Thoughts on Leadership: The Power of Small Wins in Leadership
This week finds me once again in the familiar setting of my home office, where I began Monday with my usual WIG calls, continuing the tradition of starting my week focused and connected. These regular WIG calls, simple as they may seem, are much like the ‘small wins’ highlighted in leadership studies. Each call, a… […]
Keller Williams Walks Back Profit-Sharing Cuts After ‘Unprecedented’ Meeting
Keller Williams announced today it is backing down on planned changes to profit sharing that sparked numerous lawsuits by former agents, allowing people who “vested” in the company’s sponsorship and recruiting program to continue receiving their full payments even if they affiliate with a competing brokerage. In a statement, Keller Williams President and CEO Mark… […]
RE/MAX Publishes April 2024 Housing Report
RE/MAX has published its latest monthly report tracking updates to the national housing market (based on survey results of 50 metro areas). The report goes up to April 2024, which a press release noted is often the beginning of a summer pick-up for home sales. RE/MAX’s findings indicate this April won’t be any different. RE/MAX… […]
Compass Leader Bullish on Agent Value; Sees Major Sales Rebound Coming
Above, Robert Reffkin Shifting gears during a standard company earnings report last week, Compass Founder and CEO Robert Reffkin delivered a state-of-the-industry address in which, among other things, he insisted that the residential real estate market will rebound dramatically in the coming years, driven by factors such as increased inventory, all-cash homebuyers and low mortgage… […]
Budnick Out, Blefari Returning as CEO at HomeServices of America
In an unexpected move last week but made public May 16, Christy Budnick announced that she was stepping down June 3 as CEO of HSF Affiliates, the franchisor of Berkshire Hathaway HomeServices (BHHS). The company said that Gino Blefari would return as CEO of HSF Affiliates, adding to his position as CEO of HomeServices. Additionally,… […]
What Does It Mean to Be Named RISMedia’s Real Estate Rookie of the Year?
RISMedia’s third-annual 2024 Real Estate Rookie of the Year contest is accepting nominations, honoring the industry’s top agents who are new to the business, yet achieving extraordinary results. Now is the time to nominate a 2024 Real Estate Rookie of the Year! Nominations may be submitted here. Deadline ends 11:59 p.m. on Wednesday, June 5.… […]