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Home buyers and sellers to be spared automatic broker commissions under $418 million settlement
A home available for sale is shown on October 16, 2023 in Austin, Texas.Brandon Bell | Getty ImagesThe National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers’ long-standing automatic commissions, commonly of up to 6% of the purchase price.Instead, home buyers and sellers would be able to negotiate […]
It’s Time to Stop Relying on the Fed—You Should Do This Instead
In this article In late 2022 and early 2023, private equity real estate investors sharply pulled back on funding. They caught on—in some cases, too late—that rising interest rates were going to annihilate deals funded by floating interest debt and drive cap rates higher (pushing prices lower). In our own passive real estate investing club at SparkRental, […]
Rudy Giuliani should sell $3.5 million Florida condo, creditors claim
Rudy Giuliani, the former personal lawyer for former U.S. President Donald Trump, arrives at the E. Barrett Prettyman U.S. District Courthouse in Washington, D.C., on Dec. 15, 2023. Anna Moneymaker | Getty Images Creditors want to force Rudy Giuliani to sell his $3.5 million Florida condo to help pay his significant debts, according to a […]
The NAR Will Eliminate 6% Commission Standards and Pay $418 Million in Damages After Settling Lawsuit
In this article The National Association of Realtors (NAR) announced Friday that it finally reached a settlement with homeowner groups that had been embroiled in lawsuits with the association since 2019. The $418 million settlement effectively ends the current NAR broker commission model, which the homeowners’ claimants alleged forced them to pay excessive commission fees. […]
Last Call panel weighs in on historic real estate commission settlement
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Source link
The Housing Shortage Will Only Get Worse—Here’s What Investors Need to Know
In this article There are many reasons property values have ballooned over the last decade: favorable demographics, monetary policy (low interest rates), stimulus, and migration patterns, just to name a few. But one of the most powerful and enduring variables that has pushed up pricing over the last decade is a shortage of housing units. […]
German house price decline 'not the end of the world' for industry, analyst says
Arnaud Girod, head of economics and cross-asset strategy at Kepler Cheuvreux, discusses the outlook for equity markets and the real estate sector. Source link
Leveraging Data Analytics in Real Estate Investing
In this article There’s no denying that big data and data analytics tools are transforming the real estate landscape. But just how is this happening? What is behind the power of analytics in real estate investing—beyond simply saving you time trawling through sales records? Let’s dive deeper into how real estate data analytics tools source, […]
What to know about renting a condo or co-op apartment
Portra | E+ | Getty Images Spring is almost here — and people looking for a new rental face a competitive market. Asking rent prices in the U.S. jumped to $1,959 in February, according to Zillow Group’s latest Rental Market Report. That’s up just 0.4% from the month prior, but a 3.5% increase from a […]