The report revealed that 24% of recent home buyers were purchasing for the first time, a significant drop from 32% last year.
The award honors high-achieving real estate individuals for their trust, professionalism and service to buyers and/or sellers during the past year.
Before joining Hudson United Title, she was a top producer at Great American Title Insurance Agency and held a distinguished tenure as Vice President at Fidelity National Title Insurance Company.
There were 426 closed sales transactions and 610 pending sales transactions reported for condos in February 2024, representing a 12.4% increase in closed sales transactions and a 23.0% increase in pending sales transactions.
The $33.8-billion bonus pool for 2023, which closely matched the 2022 pool, was well below the 25% growth seen in 2020 ($37.1 billion).
The listing broker retains the right to determine the amount of compensation offered to subagents, buyer agents, or to brokers acting in other agency or nonagency capacities, which may be the same or different.”
In the settlement, we have agreed to require MLS participants working with buyers to enter into written representation agreements with their buyers. This change will go into effect in mid-July 2024.
In addition to the financial payment, NAR has agreed to put in place a new MLS rule prohibiting offers of broker compensation on the MLS.
“Our goal is to increase our CID membership and we hope to have at least 200 members by the end of next year.”
HGAR’s Fernandez reported to the more than 60 attendees that the association will release its latest Strategic Plan soon and asked that all members fill out their Member Engagement Profiles.
When we start talking about quotas, or taking from one and giving to another, we’ve lost sight of what true diversity, equity, and inclusion means.
Median home price growth expectations remained unchanged for the fifth consecutive month at 3.0%.
A key data point will be the CPI reaching its 2% target. The latest CPI number for February was 3.1%.
Thorne was the first black elected President of RCBR and was one of the key officials involved in the merger of RCBR and the Orange County Association of Realtors with the Westchester-Putnam Association of Realtors.
Schmelzer was born on April 11, 1940, and was the founder of Tryax Realty Management Inc. of the Bronx.
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