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Ed Zorn: Why mandatory buyer contracts are a ‘big consumer win’

Jul 17, 2024

California Regional MLS's general counsel talks offers of compensation, seller concessions, steering and buyer agency agreements ahead of his appearance at Inman Connect Las Vegas.

Waltz provides foreign investors a foot into US real estate

Jul 17, 2024

Waltz promises to use its software-enabled workflow to reduce the time and number of administrative hurdles non-citizens face when looking to invest in the U.S., stating it can be done fewer than 30 days.

Zavvie’s power buyer suite for mortgage lenders is catching on

Jul 17, 2024

More than 7,500 loan officers in all 50 states and Washington, D.C., have access to cash offers that can be approved in as little as an hour, with NEO Home Loans and American Financial Network among the biggest partners.

HUD: Appraisal that erased $220K in home value was discriminatory

Jul 16, 2024

Appraisal management company Solidifi and lending giant Rocket Mortgage are also charged with violating the Fair Housing Act. Rocket says it expects to prevail.

President Biden’s 5% rent cap falls flat with industry leaders

Jul 16, 2024

President Biden proposed the idea of a 5 percent rent cap for corporate landlords with at least 50 units on Tuesday. However, industry leaders say caps rarely result in lower housing costs for renters.

RealScout inks enterprise deal with Sotheby’s International Realty

Jul 16, 2024

Nine months after signing an enterprise deal with Anywhere, California-based proptech leader RealScout has extended its reach to include Sotheby's International Realty's company-owned locations. Agents at SIR's company-owned locations will have full access to the RealScout platform, which includes a branded home search portal, interactive side-by-side listing comparisons, social media tools, lead management and distribution, and several other agent and broker-focused support features.

Elevated mortgage rates drive homebuilder confidence downward

Jul 16, 2024

Homebuilders exhibited little optimism as the housing market showed little improvement month-to-month, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today.

Consumer watchdog develops new standard to assess buyer contracts

Jul 16, 2024

After brokerages and MLSs reached out, the Consumer Federation of America created criteria focused on whether agreements are readable, understandable, and fair to buyers.

Mortgage ‘knowledge gaps’ may be thwarting would-be homebuyers

Jul 16, 2024

3 in 4 Americans are planning to buy the next time they move, but many are overestimating minimum down payment, credit score underwriting requirements, according to a new Fannie Mae study.

Commission Crunch: 5 tips to avoid scrutiny and remain in compliance

Jul 16, 2024

Clients are watching you now more than ever, compliance expert Summer Goralik writes. Find out how to implement best practices now, so you can avoid complaints during upcoming industry shifts.

27 resources you’ll need to be ready for the Aug. 17 transition

Jul 16, 2024

Consider this a resource roundup to guide you through the changes you'll make, the client conversations and even the mindset shifts that are necessary right now.

From teen mom to luxury broker, Sharelle Rosado hustled to the top

Jul 16, 2024

Sharelle Rosado's grit and determination helped her rise up from humble beginnings to become one of Tampa's top agents. "If you dream something, no matter how big it is, go for it," the broker said.