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Latest inflation numbers give mortgage rates some room to fall
4 Property Types Most Frugal Homebuyers Won’t Even Consider
As a real estate agent, it is important to converse with clients to figure out what they are looking for, and what they aren’t, when shopping for a home. Some buyers, especially those on a tight budget, may have some specific non-starters when it comes to making an offer on a property. Here are four…
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eXp Must Face Cover-Up Allegations in Sexual Assault Lawsuit, Judge Rules
A federal judge is allowing four women to move forward with civil claims that they were drugged and sexually assaulted by eXp recruiters at company events, ruling the alleged victims have “plausibly” contended that two high-profile influencers raped them—and that the company and CEO Glenn Sanford are culpable for failing to implement safeguards, as well…
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Redfin Pushes New Agent Compensation Model, Reports Quarterly Declines
While Redfin reported losses during quarterly earnings reports in 2023, the company maintained a mood of cautious optimism. CEO Glen Kelman stressing any losses were controllable and downturns were predictable, while Redfin’s fundamentals remain strong with potential for growth. Redfin reported its Q4 earnings on Tuesday, February 27, 2024, and the year-end summation reflected these…
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Got an ugly listing? New Western’s got a new solution
Mortgage Rates Continue to Edge Near 7%
The 30-year fixed-rate mortgage (FRM) increased slightly this week, from last week’s average of 6.9% to an average of 6.94% 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 6.94%, up from last week when it averaged 6.9%. A year ago…
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Celebrating the Past and Preparing for the Future
Above, Paul Boomsma, left with Diane Turton Leading Real Estate Companies of the World®’s (LeadingRE) 2024 Conference Week kicked off on Weds., Feb. 27 at the Wynn Hotel in Las Vegas with an inspiring general session—bringing together some of the brightest minds in the business to uncover the possibilities that exist in today’s challenging environment…
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Century 21 expands presence in South Florida with woman-owned firm
Compass Satisfied With Q4 Performance Compared to National Averages
Compass reported increases of principal agent count by 7.7%, up 1,046, and quarterly market share up 4.41%—a jump year-over-year by nine basis points and quarter-over-quarter by 10 points—in Q4 of 2023, boasting respectable averages across the board despite constant challenges facing the market. Founder and CEO Robert Reffkin shared his satisfaction in the company’s progress…
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