Agent commissions of the future could look much different than they do today, as a Department of Justice investigation into the issue of decoupling buyer and broker commissions continues, class-action lawsuits are advancing and associations and MLSs are adjusting their policies.
The ongoing commission battle has one report calling for changes the NAR says could freeze many out of the homebuying process.
Miami-Dade County broke its record for the most annual home sales in only 10 months as October transactions surged year-over-year, according to a report by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS).
As of Sept. 30, the National Association of Realtors (NAR) had collected $229.6 in dues from its 1.542 million members, according to a RealTrends report.
Florida’s housing market continues to report rising median prices, more cash sales and tight inventory, according to the latest housing data from Florida Realtors.
Despite low inventory, real estate transactions showed substantial gains in the third quarter compared to the same period in 2019.
Sales to foreign buyers in South Florida were strong in 2021, despite the year’s global COVID-19 travel bans. The Miami mega-region outperformed Florida and the nation in international sales, according to the latest Profile of International Home Buyers by
Atlanta’s Rodney Mason, who serves as vice president of mortgage lending with Guaranteed Rate, was named treasurer of the nonprofit, while Anita Blue, who works as an agent and credit restoration consultant at Cap Tex Realty, was named national vice president.
At 37 years old, the new president will be the second-youngest leader of the national nonprofit trade organization, which works to improve the homeownership rate in the Asian-American Pacific Islander community.
Eighty percent of millennials and 73% of all respondents to a recent eXp survey believe owning a home is more important now due to COVID-19.