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Real Estate’s New World Order: What the Future Holds for Industry Associations

USA Real Estate News-RISMedia - Wed, 2024-06-05 10:39

In the wake of internal controversy, a media onslaught and ongoing litigation, the National Association of REALTORS has been steeped in turmoil, opening the door to competing organizations and demands for change. Real estate leaders will weigh in on the future of the association landscape in an upcoming session at RISMedia’s CEO & Leadership Exchange…

The post Real Estate’s New World Order: What the Future Holds for Industry Associations appeared first on RISMedia.

Buyer Plaintiffs Appeal Seller Settlements, Seek to Undo Immunity

USA Real Estate News-RISMedia - Wed, 2024-06-05 09:43

Plaintiffs in the long-running mega-buyer commission cases are appealing the final approval of multiple settlement agreements in seller-side cases, after a judge ruled that those agreements would exclude many people who both bought and sold homes from pursuing their separate claims against big brokerages. According to filings in federal court, lawyers representing James Mullis—one of…

The post Buyer Plaintiffs Appeal Seller Settlements, Seek to Undo Immunity appeared first on RISMedia.

Report: Sellers Market Holding Strong Despite Inventory Influx

USA Real Estate News-RISMedia - Wed, 2024-06-05 09:41

In May, median list prices showed an increase of 37.5% since May 2019, with inventory down 34.2% compared to typical levels between 2017 – 2019, according to a new realtor.com® housing report, with economists saying this indicates the market remains tilted toward sellers (and existing homeowners). “In addition to higher median list prices and fewer…

The post Report: Sellers Market Holding Strong Despite Inventory Influx appeared first on RISMedia.

Mortgage Expert Michael Bonaguro Joins Corcoran Reverie

USA Real Estate News-RISMedia - Wed, 2024-06-05 09:20

Corcoran Reverie has announced that Michael Bonaguro—a mortgage industry veteran and musician—has joined Corcoran Reverie’s Nashville brokerage as a new agent. With a 20-year career in the mortgage industry as the owner of 1st Choice Mortgage Solutions in Franklin, Tennessee, Bonaguro brings experience and understanding of the local real estate market to the brokerage’s clientele. …

The post Mortgage Expert Michael Bonaguro Joins Corcoran Reverie appeared first on RISMedia.

RE/MAX COO Serene Smith Resigns; Position Will Not Be Filled

USA Real Estate News-RISMedia - Wed, 2024-06-05 09:05

RE/MAX Chief Operating Officer and Chief of Staff Serene Smith resigned Monday, according to a company filing with federal regulators. She had been with the company since 2006, starting as senior manager of internal audit and progressing up to COO. She will continue with the company in a “non-executive part-time” role as a project manager.…

The post RE/MAX COO Serene Smith Resigns; Position Will Not Be Filled appeared first on RISMedia.

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