Resources

Leaders in luxury: Sam Jenkins

Aug 5, 2024

Despite being a bustling metropolis, Chicago is known for its friendly charm, easy navigation and great parks and beaches, says real estate professional Sam Jenkins, who transitioned from fitness consulting to real estate and has closed over $700 million in transactions over 20 years.

Communicate value! But how? A step-by-step buyer’s presentation

Aug 4, 2024

Need help highlighting value in a buyer-broker presentation? Jimmy Burgess talks with Andrew Undem, who shares his "8 pillars of value" strategy for showcasing client benefits.

Can Kevin Sears put NAR back on a firm footing? The Download

Aug 3, 2024

NAR President Kevin Sears sat down at Inman Connect Las Vegas with Clelia Warburg Peters to talk about the trade group's past and future, including a return to advocacy and transparency.

Victims awarded $12M in flipper scheme repped by HGTV stars

Aug 2, 2024

The Federal Trade Commission (FTC) is distributing $12 million in payments to customers caught in a real estate house-flipping scheme operated by Zurixx, LLC.

Patrick Carroll makes LA court appearance amid felony charge

Aug 2, 2024

Carroll appeared before LA Superior Court judge Francis Bennett II on Tuesday following his July 1 arrest by LAPD and agreed to waive his rights to be present for court dates in the future.

Zillow finalizes lawsuit settlement with ARMLS, Metro MLS

Aug 2, 2024

Residential portal behemoth Zillow has settled its antitrust lawsuit against Arizona Regional Multiple Listing Service, Multiple Listing Service, Inc., over discontinuing its integration with ShowingTime+ in favor of MLS Aligned's listing platform.

Average buyer’s agent commission has fallen since NAR settlement

Aug 2, 2024

Redfin's latest report revealed the average buyer's agent's commission percentage has declined in 47 of the 50 largest markets since the National Association of Realtors' March settlement. However, robust home prices have yielded small gains in commission dollar amounts.

Mortgage rates are in free fall on a triple whammy of economic news

Aug 2, 2024

Jobs reports trigger recession fears, sending rates on 30-year fixed-rate mortgages plunging to new 2024 lows as investors rotate out of stocks and into bonds.

NYC developer, wife part ways with Greenwich Village home for $21.5M

Aug 2, 2024

The multi-family residence sold on July 31 for $21.5 million. The couple purchased the home in 2011 for $12.7 million. 

Typical buyer’s agent commission has fallen since NAR settlement

Aug 2, 2024

Redfin's latest report revealed the typical buyers' agent's commission percentage has declined in 47 of the 50 largest markets since the National Association of Realtors' March settlement. However, robust home prices have yielded small gains in commission dollar amounts.

How much is a typical luxury home? $750K in Buffalo, $5.3M in Cali

Aug 2, 2024

For about the last four years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported.

High mortgage rates cool down prices in these US metros

Aug 2, 2024

Home prices and sales have declined as the demand from all buyers, including investors and buyers interested in building homes, has cooled, according to a report from CoreLogic.