A new data study is predicting more than three-quarters of brokerages could become unprofitable if the industry fails to transform their operations once the National Association of Realtors’ (NAR) settlement changes how commissions are structured. The study by...
An update to the VA home loan program, the CFPB trying to help mortgage originators and Jack in the Box marching into Georgia. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 10-14. Hit: Score One for the VA. This week,...
In this edition of Person of the Week, Teresa Kinney, CEO of the Miami Association of Realtors, discusses how her organization is addressing the changes coming to the broker commission environment. How have the members of the Miami Association of Realtors reacted to...
The U.S. Department of Veterans Affairs (VA) issued a circular announcing a temporary policy change that will enable borrowers using the VA home loan program to pay certain real estate buyer-broker fees when purchasing a home. The circular comes in the wake of the...
Another cockamamie broker commission lawsuit, an accounting giant exiting its namesake building and Alec Baldwin’s unlikely home selling strategy. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Jan. 15-19. Miss:...