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Data Study Warns of Widespread Brokerage Unprofitability After NAR Settlement Goes Into Effect

by Phil Hall | Jun 25, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

If commission percentages dropped to 2%, then 79% of the companies in this analysis would be unprofitable. Continue Reading Data Study Warns of Widespread Brokerage Unprofitability After NAR Settlement Goes Into Effect

New Study Ranks the Best and Worst Markets for Real Estate Agents

by Phil Hall | Jun 25, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Real estate agents in New York City earned the highest median salary at $103,960 per year. Continue Reading New Study Ranks the Best and Worst Markets for Real Estate Agents

Case-Shiller: Home Prices Reach Another New High

by Phil Hall | Jun 25, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home prices in 13 markets were currently at all-time highs. Continue Reading Case-Shiller: Home Prices Reach Another New High

Deal Announced to Sell REcolorado MLS to Private Equity-Backed LLC

by Phil Hall | Jun 25, 2024 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The Denver Metro Association of Realtors (DMAR) and the South Metro Denver Realtor Association (SMDRA) have signed a letter of intent to sell REcolorado, their multiple listing service (MLS), to a newly formed limited liability company (LLC) backed by a private equity...