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A pocket listing startup suing the National Association of REALTORS® (NAR) is seeking to push forward with its claims that the Clear Cooperation policy violates antitrust laws, asserting that its business model addresses a “superfluity of ineffective agents” in a case with potential impacts beyond the NAR settlement. In a 17-page filing in a California…

The post Pocket Listing Lawsuit Renews Attack on ‘Clear Cooperation,’ Ineffective Agents appeared first on RISMedia.

US court approves first wave of settlements over real estate commissions  Reuters

Affordable Housing Crisis: Only Six Major U.S. Cities Have Affordable Houses  Benzinga

In the wake of HomeServices of America’s $250 million historic class-action, commission-focused settlement, leadership within the national brokerage has provided affiliated operating companies and agents with an extensive breakdown of what comes next for them regarding rule changes and overall impact on transactions for sellers moving forward—something that seemingly hasn’t yet been done to this…

The post In the Wake of Its Historic Settlement, HomeServices Issues Comprehensive Guidance to Agents on Rule Changes appeared first on RISMedia.

The monthly index, for which the luxury firm began gathering data in March 2023, is based on roughly 250 responses collected each month from the firm's real estate professionals across the U.S., Canada, Caribbean and Mexico.

The business of selling real estate is evolving at an ever-escalating pace. If you can identify some of the emerging trends and begin to act on those trends, Jimmy Burgess writes, you'll separate yourself from your competition like never before.

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. Per Freddie Mac, the latest average mortgage rates as of May 9 are 7.09% for the 30-year fixed-rate mortgage and 6.38% for the 15-year fixed-rate mortgage.  Compared to the previous week of May 3–the 30-year…

The post Mortgage Mix: Rates Remain Above 7%, but Declined for the First Time in Months appeared first on RISMedia.

Property Highlights: Location: New Smyrna Beach, Florida Listing Price: $1,999,000 Features: 5,000-plus-square-foot Mediterranean-style home with four bedrooms, four full baths and two half-baths. Added Appeal: Luxurious outdoor amenities, including a stone fireplace, heated spa and 22×32-foot pool. We’ve all marveled at Bob Ross painting exquisite and tranquil works of art—often featuring serene homes by the…

The post Unveiling the Artistic Legacy of Bob Ross in New Smyrna Beach, Florida appeared first on RISMedia.

Property Highlights: Location: New Smyrna Beach, Florida Listing Price: $1,999,000 Features: 5,000-plus-square-foot Mediterranean-style home with four bedrooms, four full baths and two half-baths. Added Appeal: Luxurious outdoor amenities, including a stone fireplace, heated spa and 22×32-foot pool. We’ve all marveled at Bob Ross painting exquisite and tranquil works of art—often featuring serene homes by the…

The post Unveiling the Artistic Legacy of Bob Ross in New Smyrna Beach appeared first on RISMedia.

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Qatari PM sells $49M London mansion to fellow royal  VnExpress International

U.S. Homeowner Equity Dips Again in Early 2024 - WORLD PROPERTY JOURNAL Global News Center  The World Property Journal

U.S. Real Estate Spring 2024 Report: Four Quadrant Perspectives  Seeking Alpha

Craig-Scheckman's Hedge Fund Deer Park Bets on US Real Estate  Bloomberg

Proptech journalist Craig Rowe reviews MoxiPresent by MoxiWorks, a CMA builder and presentation marketing solution for the real estate industry.

Celebrate excellence in luxury real estate with Inman’s highest honor. Nominations close on May 17, and winners will be celebrated at this summer's Inman Luxury Connect in Las Vegas.

NYSCRF backs Blackstone's Europe real estate fund with $300m  IPE Real Assets

Would you rather come across a bear or a man you don't know in the woods? Rachael Hite unpacks the latest social media trend and what it says about agent safety.

During the process of preparing for his first Ironman, ERA President Alex Vidal learned that, whether it's a personal or professional goal, aiming high and executing on a detailed plan of attack can help you achieve it.

Who are the estate agents in Buying London?  Yahoo News UK