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4 Metrics Buyer Agents Can Use to Quantify Their Value

USA Real Estate News-RISMedia - Thu, 2024-03-07 14:48

The value of buyer agency remains under a microscope, with each successive commission lawsuit asserting more explicitly that buyer representatives are underworked and overpaid. While most consumers are not closely following these developments, with another trial scheduled for later this year and the increased chance of a forced “decoupling” of compensation, buyer agents everywhere need…

The post 4 Metrics Buyer Agents Can Use to Quantify Their Value appeared first on RISMedia.

Single Women Homebuyers Redefining Market Norms and Trends

USA Real Estate News-RISMedia - Thu, 2024-03-07 14:38

Women are a dominant force in the U.S. real estate industry, comprising 62% of REALTORS®. Moreover, single women are the second-largest group of buyers after married couples. Therefore, it’s fitting that we celebrate how women impact the real estate market during Women’s History Month. According to the 2023 National Association of REALTORS®’ Profile of Homebuyers…

The post Single Women Homebuyers Redefining Market Norms and Trends appeared first on RISMedia.

Challenges and Limitations of Price Per Square Foot in Real Estate Valuation

USA Real Estate News-RISMedia - Thu, 2024-03-07 14:34

Price per square foot emerges as a foundational metric within real estate, offering a rudimentary gauge for assessing property values. By dividing a property’s price by its total square footage, PPSF yields a figure that ostensibly facilitates direct comparisons across diverse properties. Its appeal lies in its simplicity, allowing a quick snapshot of value to…

The post Challenges and Limitations of Price Per Square Foot in Real Estate Valuation appeared first on RISMedia.

Prudence’s $80 Million Fund III slated for early-stage proptech

USA Real Estate News-Inman - Thu, 2024-03-07 14:00
Venture capital firm Prudence has raised and closed on an $80 million tranche to back early-stage technology companies targeting the built world.

DelPrete: A new generation of brokerages is on the rise

USA Real Estate News-Inman - Thu, 2024-03-07 13:47
It’s a transformative time in the industry, Mike DelPrete writes, and now is an opportunity to pause, step back, critically evaluate and use the moment to get smarter.

Mortgage Rates Dip Down This Week

USA Real Estate News-RISMedia - Thu, 2024-03-07 12:20

Mortgage rates dipped slightly this week edging down from last week’s average of 6.94%, to 6.88% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers:  The 30-year FRM averaged 6.88% as of March 7, 2024, down from last week when it averaged 6.94%. A year…

The post Mortgage Rates Dip Down This Week appeared first on RISMedia.

Plaintiffs’ Lawyers Request $82 Million From Burnett, Moehrl Settlements

USA Real Estate News-RISMedia - Thu, 2024-03-07 12:06

Although the legal battle over commissions and anti-trust in real estate is far from over, lawyers representing plaintiffs in the two oldest commission suits are hoping their payday comes sooner rather than later, as last week they filed their official request for “reasonable attorney fees” to be drawn from settlements. Just under $70 million of…

The post Plaintiffs’ Lawyers Request $82 Million From Burnett, Moehrl Settlements appeared first on RISMedia.

Century 21 Announces Winner of 2024 Art Bartlett 2100 Cup

USA Real Estate News-RISMedia - Thu, 2024-03-07 11:01

Century 21 Real Estate LLC announced at its One21 Experience Global Conference in Las Vegas this week that Century 21 Curran & Oberski has been honored with the 2024 Art Bartlett 2100 Cup Award. The 2100 Cup is awarded annually to an outstanding company that embodies the mission of the Century 21 brand and demonstrates…

The post Century 21 Announces Winner of 2024 Art Bartlett 2100 Cup appeared first on RISMedia.

Annual Home Price Growth Increased in January

USA Real Estate News-RISMedia - Thu, 2024-03-07 10:37

January saw the highest rate of appreciation expected for 2024, as year-over-year single-family home price gains reached 5.8%, according to the CoreLogic Home Price Index (HPI) and HPI Forecast™ for January 2024. While year-over-year price gains reached their height in January, growth is expected to slow to 2.6% by early 2025. “U.S. annual home price…

The post Annual Home Price Growth Increased in January appeared first on RISMedia.

Top Earners Share Their Proven Lead-Generating Strategies

USA Real Estate News-RISMedia - Thu, 2024-03-07 10:33

Often considered the holy grail of real estate success, effective lead generation is essential for generating a successful and sustainable real estate business—a topic discussed during RISMedia’s Real Estate’s Rocking in the New Year virtual event on January 11. Led by Ken Baris, CEO of Berkshire Hathaway HomeServices Jordan Baris Realty in New Jersey, the…

The post Top Earners Share Their Proven Lead-Generating Strategies appeared first on RISMedia.

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