Inman

Real Estate News for Realtors and Brokers

9 proven ways to keep retention rates high when business is slow
Chris Pollinger shares powerful strategies to retain and motivate your real estate agents, even as listings hit all-time lows. Learn how to keep your team engaged and thriving during tough market conditions.

How to motivate, inspire and train your team amid disruption
Great team leaders focus on business development and agent development, and the results can be staggering, coach Verl Workman writes.

OceanFirst Bank settles DOJ redlining allegations for $15M
Since launching an initiative to combat redlining in 2021, federal prosecutors have reached settlements with 13 mortgage lenders totaling more than $137 million.

Buyer commission suit against Hanna adds new, familiar plaintiffs
There are now more than two dozen named plaintiffs in an antitrust case against the parent company of Howard Hanna, several of them also plaintiffs in other buyer commission suits.

Fed begins rate-cutting campaign with reduction in federal funds rate
Central bank policymakers drop short-term rates by 1/2 percentage point and signal more cuts ahead, but much of the impact may already be priced in to mortgage rates.

The top 35 agents in Hollywood today are still setting records
LA's top luxury agents are continuing to sell at staggering heights despite a variety of market factors working against them, all while keeping their sometimes temperamental celebrity clients happy.

UWM and Rate join the $802K conforming loan limit party
With prices rising, it's becoming standard operating procedure for big lenders like Rocket to help homebuyers avoid jumbo loan pricing by getting a jump on FHFA's official announcement.

What’s the biggest challenge in your business today? Pulse
Let us know what's keeping you up at night and what's helping you move forward during a time of unprecedented change.

Keller Williams to settle lawsuits over scrapped profit share plan
Former Keller Williams agents had filed suit in recent months over the company's now-abandoned plans to slash profit sharing for agents who jumped ship for rival brokerages before April 2020.

Era Ventures launches record-breaking $88M real estate fund
Clelia Warburg Peters, Era Ventures' founder, is the first woman to raise an initial fund of this size in the real estate category. The fund will distribute capital across various stages of innovation.

Upfront lands $2.5M in funding to streamline credit access for agents
Even before the commission crunch, real estate agents have struggled to make ends meet. Through brokerage partnerships, Upfront aims to ease access to credit for working agents.

The long view: Take the Inman Intel Index survey for September
A month into the NAR settlement era, the Inman Intel Index is tracking the impact on buyers, sellers, agents and brokerages. Add your voice to real estate's most ambitious monthly survey today.

5 strategies for unleashing your negotiation power in real estate 
If you want to be a better negotiator, pace yourself, come prepared with examples in hand, and collaborate to arrive at the best possible decision for your clients, trainer Bernice Ross writes.

7 tips for guiding homebuyers through the VA loan process
Are your clients considering a Veterans Affairs home loan? Let Clever Real Estate’s Luke Babich walk you through the most common pain points to help ease the process for your buyers.

Attorneys request $226M from NAR and HomeServices deals
Law professor estimates the plaintiffs' law firms are asking for only 3 percent of the total value of the deals when 'historic' business practice changes are taken into account.

Umansky threatens to sue NAR as pocket listing pressure mounts
The Agency CEO and founder said he plans to revive a lawsuit against NAR over a pocket listing network. The threat came days after NAR officials convened to reevaluate Clear Cooperation.

Oregon real estate brokerages merge under RE/MAX banner
Announced Friday, the merger will unite RE/MAX Key Properties and West + Main Homes Oregon. The new company will tout the RE/MAX name and resume operations with nearly 90 agents.

Michael Jordan’s Northern Chicago mansion scores potential buyer
After 12 years on the market, Jordan’s Highland Park mansion is finally in contingency following price cuts totaling nearly $15 million. In the end, the final list price clocked in at $14.855 million.