Compass has put forth a revised version of its seller disclosure form to clarify how its three-phase marketing strategy works — including when and how listings are shared with the public. The Compass 3-Phased Marketing Strategy Client Disclosure Form expands on a version first introduced in 2024. Updates include language aimed at improving seller understanding […]
Compass seller disclosure form clarifies off-MLS marketing Read More »
Due to ferocious investor demand, Movement Mortgage is opportunistically selling billions in mortgage servicing rights. And the South Carolina-based retail lender is using the cash proceeds to sharpen pricing for its roughly 1,400 producing loan officers. But while improved pricing might help win deals in the short term, Movement isn’t retaining recapture rights on some
Inside Movement Mortgage’s MSR sales strategy Read More »
Despite April traditionally signaling a strong month for agent transfers as brokerages gear up for the peak selling season, this year’s AMI registered at 114.1, notably lower than the 129.8 recorded in April 2024 — a 12% decline. The subdued metric emphasizes the ongoing cautions stance among agents regarding brokerage changes. Seasonally adjusted figures reflect
As mortgage rates remain elevated and housing inventory remains tight, luxury rentals are increasingly becoming a preferred choice for high-income U.S. households, marking a shift in how high-end housing is being viewed and occupied across the U.S. Industry data shows a marked uptick in demand for luxury rentals, especially in markets outside of traditional urban
Luxury rentals gain ground as more high-end buyers opt to lease Read More »
While housing market conditions do seem to be easing as we move towards the midpoint of 2025, the dream of homeownership may still lie a little out of reach to many potential buyers. With the average home price in the US up 1.4% year-over-year and mortgage rates forecast to settle around 6% by year-end, now
Apartment security in 2025: Trends, challenges and renters’ concerns Read More »
A Texas bill that aimed to prohibit professional and trade associations like the National Association of Realtors (NAR) from denying membership based on protected characteristics or what’s perceived to be free speech failed to advance in the state legislature Wednesday, according to Inman. Senate Bill 2713, introduced by Sen. Mayes Middleton (R-Galveston), was reportedly left
Texas bill aimed at NAR speech code fails to advance Read More »
The Department of Justice (DOJ) has withdrawn its objection to MLS Property Information Network (MLS PIN)’s preliminary settlement of the Nosalek commission lawsuit after the two sides negotiated amended terms. In a court filing on Thursday, MLS PIN and the plaintiffs disclosed that the former will prohibit offers of cooperative compensation on its platform, which
DOJ withdraws objection to MLS PIN settlement, clearing the way for preliminary approval Read More »
In compliance with a 1978 law that requires government agency watchdogs to provide semi-annual reports on their activities, the U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) published its report on Tuesday. While there were no new indications of scrutiny for the Home Equity Conversion Mortgage (HECM) program, the
HUD OIG reveals ongoing reverse mortgage oversight priority Read More »
SERHANT. has expanded its footprint to Palm Beach Island, Florida, with the addition of Gary Pohrer, a top-producing agent and longtime local resident. Pohrer, who has closed more than $2.5 billion in career sales, brings more than two decades of experience in the luxury real estate market. That includes a record $106 million sale on
SERHANT. adds top agent in Florida expansion Read More »
With aging-in-place preferences generally dominant among older Americans, some cities and states are putting these preferences into action by providing additional support for people who want to remain in their homes. In New Jersey, these can range from tax incentives and veterans benefits to Medicaid, according to a recent report by NorthJersey.com. The so-called “silver
New Jersey seniors seek out home modifications to age in place Read More »