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North Carolina Regional MLS is buzzing with its rebrand to Hive MLS

Housing Wire

NCRMLS — a wholesale cooperative MLS founded in 2016 — has announced its plans to rebrand to Hive MLS in conjunction with Hive Solutions. Hive MLS will release new tools and features to 18 MLS and 19,000 Realtor association members in North Carolina , South Carolina and Georgia. Our new name represents a spirit of community and growth.

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Steve Harney, founder of Keeping Current Matters, has died

Housing Wire

He became a top-producing real estate agent in the area and in 1991 became the manager of the largest office for Prudential Long Island Realty , training agents throughout the East Coast markets. In 2016, Harney sold KCM to his son and daughter-in-law, Bill and Charlotte Harney, although he remained active as a founder.

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Feds seek to enlist real estate agents in anti-corruption push

Housing Wire

The National Association of Realtors (NAR) said in a statement the industry group “is aware that money laundering and terrorist financing in real estate remains a major challenge and threat to the real estate industry.”. and foreign trusts,” the agency’s proposed rule states. . strategy for countering corruption.

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Recruiting real estate agents: A complete roadmap for 2024

Housing Wire

The data are sobering: The Agent Movement Index , the number of experienced Realtors switching brokerages each month, was at its lowest level since 2016. Newly licensed agents: 25% Newly licensed agents will require extensive training and coaching to start generating revenue for your brokerage.

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Recruiters turn to AI in their quest to lure top agents

Housing Wire

Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits. When labeled training data is not available (i.e., It’s not perfect.

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FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

Appraisal costs have also soared 24% since 2016, according to the Freddie Mac data. A 2017 study conducted by the National Association of Realtors found that “lack of training, downward trends in compensation, and increasing regulation,” were driving both existing and would-be appraisers away from the industry.

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Are you prepping for worst-case commission lawsuit outcomes?

Housing Wire

The lawsuit, which was originally filed in 2019 and won class-action status in April, alleges that some NAR rules, including one that requires listing brokers to offer buyer brokers a commission to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.