A newly introduced U.S. Senate bill would amend federal wage law to clarify the employment status of qualified real estate agents and direct sellers.S. 5646 was introduced Sept. 30 and referred to the Senate Committee on Health, Education, Labor and Pensions. The...
Compass is formalizing its international ambitions without turning itself into a global brokerage. The company on Sept. 14 launched the Compass Global Division, an internal network designed to connect U.S.-based clients with vetted real estate professionals for...
For most of my career around housing, we have talked about a real estate agent’s value as though it were one thing. It isn’t. An agent may help a buyer understand a market, find properties, arrange showings, evaluate price, write an offer, negotiate terms,...
Rocket Companies announced a new CEO for Redfin on Monday morning. Normally, I would consider that an executive personnel story and move on. This one caught my attention because of who Rocket hired and, more importantly, what Rocket said it wants him to do. Alessio...
For most people in real estate and mortgage, closing day has always carried a sense of finality. The papers are signed, the keys change hands, commissions are paid, the loan funds and everybody moves on to the next transaction. The homeowner, of course, doesn’t...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
