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NAR Cites June 18 Opt-In Deadline on Settlement Agreement

NAR Cites June 18 Opt-In Deadline on Settlement Agreement

by Phil Hall | Jun 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) published a reminder for certain brokerages of the June 18 deadline to opt into NAR’s Settlement Agreement resolving claims related to the Sitzer/Burnett case. According to NAR, brokerages with a residential transaction...
Realtors Relief Foundation Pledges Additional $1 Million for Arkansas Tornado Victims

Realtors Relief Foundation Pledges Additional $1 Million for Arkansas Tornado Victims

by Phil Hall | Jun 13, 2024 | Uncategorized

The Realtors Relief Foundation (RRF) is providing an additional $1 million in disaster relief to the Arkansas Realtors association for distribution to disaster victims recovering from seven devastating tornadoes that damaged four Arkansas counties in last month. The...
Person of the Week: Teresa Kinney, CEO of the Miami Association of Realtors

Person of the Week: Teresa Kinney, CEO of the Miami Association of Realtors

by Phil Hall | Jun 11, 2024 | News/Current Events, Person of the Week, Real Estate News, WRE News Exclusive

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...
VA Issues Temporary Policy Change on Home Loan Buyer-Broker Fees

VA Issues Temporary Policy Change on Home Loan Buyer-Broker Fees

by Phil Hall | Jun 11, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Housing Economists Offer Mixed Views of Latest Jobs Report

Housing Economists Offer Mixed Views of Latest Jobs Report

by Phil Hall | Jun 7, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Housing industry economists had mixed views of today’s data report from the U.S. Department of Labor that found the economy added more jobs than anticipated. During May, nonfarm payrolls expanded by 272,000, up from 165,000 in April and higher than a Dow Jones...
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