Consumers
NAR Op-Ed: ‘Cooperative Compensation Will Continue to Be an Important Option for Consumers’
Last month, the National Association of REALTORS® announced a settlement that would resolve nationwide litigation over claims from home sellers related to broker commissions. The $ 418 million settlement, and the practice changes it will usher in, have led some to speculate that real estate agents are at risk of becoming obsolete. As someone who […]
Consumers Can Now Accept Opendoor Cash Offers on Zillow in Select Markets
Consumers using Zillow in select markets can now add an Opendoor instant offer to their list of home-selling options while using the portal. Both companies announced Wednesday that they launched their collaborative product allowing homeowners in Atlanta and Raleigh to request a cash offer from Opendoor and a market-price estimate to sell on the open… […]
4 Topics Agents Should Be Educating Consumers on Consistently
There is a lot to learn and understand about the housing market, especially amid shifting conditions and economic uncertainty in the U.S. As if navigating the market wasn’t complicated enough for consumers, the start of a new year filled with projections of supply shortages, higher mortgage rates and elevated inflation adds further complexity that agents… […]
Elevated Inflation Starts To Hit Consumers’ Pockets; However, Retail Sales Are Higher Than Pre-pandemic
Amid unyielding inflation and rising borrowing costs, consumers are starting to cut spending, mostly on big-ticket items. www.nar.realtor – Research
Commissioned Study Shows That ‘Decoupling’ Agent Commission Is a Bad Bet for Consumers
What would happen if homebuyers were required to pay their real estate agents directly? That question may likely be on many people’s minds as several lawsuits aimed at the real estate commission structure persist. A recent study looked at the potential implications of indulging the proposed “decoupling” of agent compensation. It paints a bleak picture, […]
Consumers Care About the Environment
American property owners and communities are more concerned about the environment than ever before, and consumer inclinations for walkable communities and energy-efficient homes are on the rise. www.nar.realtor – Real Estate Story Ideas