Consumer Tips

Level-Up Your Leadership: How to Lead Agents in Fraught Times

In today’s unprecedented times for residential real estate, leadership matters more than ever. Real estate leaders will share new strategies for leading in turbulent times in a special session at RISMedia’s CEO & Leadership Exchange being held Sept. 4-6 at the Mayflower Hotel in Washington, D.C. Click here to register now! The session, titled, “Level-Up…

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VA Temporarily Allows Military Borrowers to Pay Their Own Real Estate Agent’s Fees

In a move designed to help military service members, veterans and eligible spouses stay competitive in the current housing market, the Department of Veterans Affairs (VA) announced Tuesday that it will temporarily allow VA borrowers to pay their own buyer agent fees in certain situations. The new policy, which goes into effect on Aug. 10…

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Mortgage Industry Exodus: ‘Nearly Half’ of Producing Loan Officers Have Left the Business

Christina Bennett loved the mortgage industry, but after undergoing multiple layoffs, she says the feeling wasn’t mutual. Bennett spent years in and out of mortgage roles in various underwriting posts, rising to the management ranks in her last company, Caliber Home Loans, where she spent nearly eight years. Although she had been through layoffs before,…

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Mortgage Applications Shift Upward This Week

Mortgage applications shifted course and increased 15.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending June 7, 2024. This week’s data: The Market Composite Index, a measure of mortgage loan application volume, increased 15.6% on a seasonally adjusted basis from one week earlier. …

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Inflation Unchanged in May; Neutral News for Potential Fed Rate Cut

The Consumer Price Index (CPI), an inflation gauge measuring goods and services costs across the U.S. economy, was unchanged in May on a seasonally adjusted basis, after rising 0.3% in April, the U.S. Bureau of Labor Statistics reported June 12.  After hitting a 40-year high of 9.1% in June 2022, inflation has slowed. But after…

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Boutique Brokerage in Rhode Island Becomes ERA Powered

ERA Real Estate announced today its latest affiliation with Empire Real Estate Group, a staple of residential Rhode Island real estate.  Broker/owner Jimmy Ranieri first founded the firm 13 years ago. Now as part of the ERA® network, Ranieri stated that he and his full-service company’s affiliated agents will be able to utilize the ERA®…

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REALTORS® Relief Foundation Announces 2 Million in Aid for Arkansas Tornado Victims

The REALTORS® Relief Foundation (RRF) has announced that an additional $1 million in disaster relief aid has been made available to Arkansas REALTORS® in response to the devastating tornadoes that impacted the state in late May.  RRF stated that this grant is in addition to the $1 million already awarded, bringing the total support to…

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Effortlessly Tackling the Client Loyalty Challenge

Client loyalty is the cornerstone of a successful business, especially in the real estate industry. It’s the key to retaining clients over several years between transactions, and it presents the greatest opportunity for long-term growth. Moreover, the right client loyalty solutions can even lead to near-term listings. Yes, by focusing on client loyalty, you can…

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2023 Rookie of the Year Updates on Her Year, Offers Inspiration for Next Honoree

After taking home the top Rookie of the Year honors at RISMedia’s annual Power Broker event last November, Stacy Cole hasn’t let it go to her head. In fact, she says it’s the little everyday activities that combined with hard work and proper life balance, have added up to another successful year for her this…

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Keller Williams Execs Break Down New Buyer Representation Dynamics

Above, John Clidy, Wendi Harrelson, Mark Willis and Jason Abrams The National Association of REALTORS® (NAR) has, as part of a settlement in class-action lawsuits centering on buyer-broker commission structures, agreed to rule changes that take effect this coming August. On Monday, June 10, 2024, leadership at brokerage franchise Keller Williams held a one-hour virtual…

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