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Fathom’s Verus Title subsidiary acquires LW Traveling Title

USA Real Estate News-Inman - Fri, 2024-06-21 15:45
Fathom Holdings beefs up title coverage in three states with "strategic addition" to geographic footprint, acquiring nine-person title agency with offices in Utah, Colorado and Virginia.

Unveiling Discrimination in Real Estate: The LGBTQ+ Perspective

USA Real Estate News-RISMedia - Fri, 2024-06-21 13:20

Above, Anita Blue I love working in real estate! I love the people in it! And, as we celebrate Pride Month, even after the recent attacks on the LGBTQ+ community on NAR’s Facebook and Instagram posts, I can honestly say your outpouring of support for me and the LGBTQ+ Real Estate Alliance is amazing. But…

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The Compensation Conversation: How to Avoid ‘Steering’ in a Post-Settlement World

USA Real Estate News-RISMedia - Fri, 2024-06-21 13:06

“I don’t have to offer commission to a buyer agent—why should I?”  This simple seller question—one that is likely to become more common every day—is a potential minefield. In the aftermath of the National Association of REALTORS®’ (NAR) settlement agreement, which will mandate the removal of compensation from MLSs starting next month, agents quickly pointed…

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StackWrap makes sense of your tech-stack: Tech Review

USA Real Estate News-Inman - Fri, 2024-06-21 12:59
Indie broker Max Fitzgerald built this app to be the top layer of brokerage tech stack, enabling better organization, access and understanding of its most-used tools.

Coldwell Banker bottles up top-producing wine country agent

USA Real Estate News-Inman - Fri, 2024-06-21 12:19
Sonoma County-based Rob Sullivan most recently worked at Vanguard Properties, and spent several years at Coldwell Banker before that.

Median home sale price in US rises to record high as transactions dip

USA Real Estate News-Inman - Fri, 2024-06-21 12:05
The median sale price for an existing home in the U.S. has grown to a whopping $419,300 — the highest since NAR began tracking the metric — following 11-consecutive months of price gains.

Home Prices Hit Record High

USA Real Estate News-RISMedia - Fri, 2024-06-21 12:04

Existing-home sales slightly declined in May as the median sales price climbed to a record high, according to the National Association of REALTORS®. The median existing-home price for all housing types in May was $419,300, the highest price ever recorded and an increase of 5.8% from one year ago ($396,500). All four U.S. regions registered…

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Mortgage Mix: Legal Troubles Batter Mega-Lenders; CoStar Nabs Freddie Mac Exec

USA Real Estate News-RISMedia - Fri, 2024-06-21 11:30

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. -Guaranteed Rate is pushing back strongly against an expose published in the Chicago Tribune that claims the company cultivated a toxic workplace culture rife with sexual harassment and retaliation, calling the article “a hit piece.”…

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Former Employee Sues NAR for Reneging on Sexual Harassment Settlement

USA Real Estate News-RISMedia - Fri, 2024-06-21 11:27

The National Association of REALTORS® (NAR) is once again facing accusations of sexual harassment, retaliation and workplace discrimination, with a lawsuit filed in federal court this week by a former employee alleging the organization fired her for reporting the incidents, and then failing to abide by a subsequent settlement agreement. Roshani Sheth, a former product…

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Oakley founder smashes California record with $210M home sale

USA Real Estate News-Inman - Fri, 2024-06-21 11:22
The 15,000-square-foot home, which sits on 9.5 acres, was not publicly listed for sale. The deal surpasses a nearly $200 million purchase in Malibu by Beyoncé and Jay-Z last year.

Anxiety over commission lawsuits looms over agent recruitment fight

USA Real Estate News-Inman - Fri, 2024-06-21 11:13
Industry leaders see the lawsuits as one of the top recruiting challenges of 2024, according to Intel survey results. But the brokers who target and elevate middle-tier agents have an opportunity.

Building the Blueprint for Change

USA Real Estate News-RISMedia - Fri, 2024-06-21 11:01

Above, Amy Lessinger Amy Lessinger, the pioneering president of RE/MAX, is hailed as a visionary within the real estate sphere. Lessinger’s journey began over two decades ago when she entered RE/MAX at 26—rapidly progressing from agent to broker/owner of a flourishing brokerage boasting 135 agents and three offices. Amidst challenges in the male-dominated landscape, she…

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CFPB Proposes Fine Against Freedom Mortgage

USA Real Estate News-RISMedia - Fri, 2024-06-21 10:58

The Consumer Financial Protection Bureau (CFPB) has issued a proposed $3.95 million fine against Florida-based mortgage lender Freedom Mortgage. The CFPB previously sued Freedom Mortgage in October 2023 after the company was found to have submitted inaccurate mortgage data to federal regulators during 2020. Freedom Mortgage is described as the third-largest loan originator in the…

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