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Real Estate Agents Weigh in on Impact of NAR Settlement

Appraisal Buzz

Commissions paid to real estate agents representing buyers have remained essentially unchanged since new rules on commissions went into effect on August 17 , according to a new analysis from Redfin. Of course, as in all real estate deals, any negotiation is dependent on how much demand there is for a property.

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Real estate coach Skye Michiels on why sell-side commissions might rise and new models could emerge

Housing Wire

Three days before the new business practice changes mandated by the settlement of the National Association of Realtors ‘ commission lawsuit went into effect, HousingWire caught up with top real estate coach Skye Michiels to talk about how his agents are handling the big changes. Let’s talk about the brokerage aspect.

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NAF rebrands initiative designed to boost Black homeownership

Housing Wire

The program will create and maintain partnerships with real estate agents, other lenders and community organizations in an effort to “ensure that Black homebuyers have access to fair and affordable housing options,” the company explained.

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The worst for mortgages may be over, but younger borrowers still face affordability challenges

Housing Wire

In response, borrowers in younger age brackets lost traction in Q4 2023, edged out of the market by lack of affordability,” the report stated. “If Today, the Baby Boomer generation holds almost $19 trillion of American real estate — more than twice as much as millennials,” Paasonen said in the report. “In

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Median income earners can only afford 25% of current listings

Housing Wire

households earn $75,000 or less, meaning that in a balanced market, 51% of the homes for sale would be affordable to buyers in this income bracket. Meanwhile, 48% of white Americans fall into the same income bracket, and they can also afford to buy 22% of listings. Of those 1.1 Over half (51%) of U.S. In other words, the U.S.

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Inman Power Wheels: Elite 8 best agent autos go head-to-head

Inman

Inman's Power Wheels bracket contest rolls on with the top eight best ride options for real estate agents on the move.

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Inman Power Wheels: Final 4 best agent autos near the finish line

Inman

Inman's Power Wheels bracket contest is down to the four best real estate agent automobiles, as determined by your votes.