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California Realtors discuss post-wildfire changes in Black neighborhoods

Housing Wire

As the recovery continues, the California Association of Realtors (CAR) said that residents should accept change instead of fighting it. ” Kalin closed his session with tailored advice for agents who are assisting landlords, buyers, and tenants with wildfire recovery. Landlords cannot raise rents by more than 10% until then.

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LA fires upend rental market as residents scramble for housing

Housing Wire

Michael Nourmand, president of Beverly Hills-based Nourmand & Associates Realtors , said in an interview Wednesday with HousingWire that safety is the top priority. We’re seeing several landlords have increased their rents by 50%. “And it could even be higher. There’s a lot of renters who got displaced he said.

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Virginia Realtors CEO Terrie Suit is retiring

Housing Wire

Terrie Suit, who served as CEO of Virginia Realtors for the past 11 years, has announced her retirement, according to a company announcement on Friday. Virginia Realtors, which has a membership base of 38,000, named Martin K. She has been a Realtor since 1985 and also spent 20 years in mortgage lending.

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California attorney general cracks down on rental price gouging

Housing Wire

the office of California Attorney General Rob Bonta announced it was pressing charges against a second unnamed Realtor for price gouging. The attorney generals office said that the California DOJ has sent over 650 price gouging warning letters to hotels and landlords. The price gouging restrictions remain in effect until March 8.

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NAR partners with RentRedi for benefits program

Housing Wire

The National Association of Realtors is adding another partnership to its NAR Realtor Benefits Program. The platform provides tools for both landlords and renters, which the company said is designed to automate and streamline the management process. NAR has been busy adding partners this year to its Realtor Benefits Program.

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DOJ thumps RealPage with another antitrust lawsuit over AI-driven rent pricing

Housing Wire

The DOJ filed a civil suit against RealPage on Friday, claiming that the company’s YieldStar and AI revenue management (AIRM) software allowed multifamily landlords to artificially inflate rents through the sharing of private information. A DOJ official said that additional landlord defendants could be added to the complaint in the future.

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Top Realtor Xio Sandoval to speak at Spring Summit

Housing Wire

That’s why we’ve invited Xio Sandoval, a top Century 21 Realtor, to speak at our Spring Summit on March 4. 1 agent in gross closed commissions for the Montebello Board of Realtors for five consecutive years. The post Top Realtor Xio Sandoval to speak at Spring Summit appeared first on HousingWire.

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