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Buyers need an income that starts with a 3 to live in this pricey city

May 6, 2024

Homebuyers need to earn an income of more than $150,000 to afford homes in 14 out of the 50 biggest metro areas as of April, according to Realtor.com. But in San Jose, buyers must earn at least $361,000.

Redfin to pay $9.25M to settle commission lawsuits

May 6, 2024

Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman had each already reached settlement agreements in the case, and the court has preliminarily approved those settlements.

AREAA takes fight against Florida foreign buyer ban to court

May 6, 2024

The Asian Real Estate Association of America (AREAA) has escalated its fight against the State of Florida's foreign buyer ban through a federal fair housing discrimination lawsuit filed Monday. This is the third lawsuit, and first federal suit, against the bill.

Offerpad posts a decline in annual revenue, but improves Q1 losses

May 6, 2024

The iBuyer lost $17.5 million between January and March, according to an earnings call Monday afternoon. However, that represents a 71 percent improvement compared to a year earlier.

Rocket hires first group CTO to accelerate AI development

May 6, 2024

Qualcomm and Intel veteran Shawn Malhotra comes to Rocket from Thomson Reuters where, as head of engineering, he helped the global media giant develop a cloud-based, API-driven generative AI platform.

Matterport trimmed losses in the months before CoStar purchase

May 6, 2024

The company's net loss was 36 percent less than in 2023, according to Matterport's earnings from the quarter. Revenue rose 5 percent for the quarter.

NAR President fields questions at midyear: ‘Everything’s on the table’

May 6, 2024

At the Realtors Legislative Meetings on Sunday in Washington D.C., the National Association of Realtors President spontaneously fielded tough questions about the trade group's proposed antitrust settlement.

Revamp your business plan and have your best summer ever

May 6, 2024

While we like to create goals and supportive strategies several months before the end of the year, coaches Emily Bossert and Melanie Klein write, there’s no time like the present to create and benefit from a comprehensive business plan.

Intel Broker’s Guide: When a seller won’t foot the buyer’s agent bill

May 6, 2024

Powered by the latest polling results from the Inman Intel Index, this wide-ranging guide explores how brokerages are steeling themselves for a new type of client: the buyer's-fee-evading seller.

Members of SFAR have a new AI productivity Sidekick

May 6, 2024

Sidekick was developed by San Francisco-based boutique brokerage Avenue 8. It primarily uses a text interface to send commands to retrieve data, execute tasks and in many ways, function as a common, “visual” interface would. It's now offered to members of SFAR.

Leaders in luxury: Kim Bedwell

May 6, 2024

In 1930, the state of Texas adopted “friendship” as its motto. And while the perpetually congenial Kim Bedwell — Global Real Estate Advisor at Briggs Freeman Sotheby’s International Realty in Dallas-Fort Worth, Texas — embodies this welcoming spirit, it shouldn’t be conflated with an absence of dogged ambition.

3 ways to reap the rewards of this spring’s hot homeselling season

May 6, 2024

These three market trend predictions will assist real estate agents in capitalizing on the abundant home selling opportunities available this spring.