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NYC real estate vet Scott Harris launches Magnetic firm with Side

Feb 4, 2025

After 18 years with Brown Harris Stevens, Harris has set off on his own with members of his previous team alongside him. The firm will put a high focus on client and agent service.

Texas-based mega MLS will no longer require Realtor membership

Feb 4, 2025

The Austin Board of Realtors' Unlock MLS will offer non-Realtor subscriptions starting June 1.

Commissions have fallen for homes above $500K, Redfin says

Feb 4, 2025

Overall buyer’s agent commissions average 2.37 percent, essentially unchanged since August. Commissions rose for homes below $500,000, according to the new report.

Wells Fargo closes 2 more consent orders in quest to shed asset cap

Feb 4, 2025

Getting out from under $1.95 trillion cap would allow the bank to grow its deposit base, providing more room on the balance sheet to originate jumbo mortgages too big for Fannie and Freddie.

Former Vegas Realtors CEO sues organization after election mishap

Feb 4, 2025

Wendy DiVecchio points to disagreement with the board over LVR's ownership of its MLS as a potential reason she was suspended, investigated and subsequently fired last week.

Rules on closing costs, PACE loans on CFPB chopping block

Feb 4, 2025

In his first act as interim Consumer Financial Protection Bureau director, Treasury Secretary Scott Bessent froze action on all rules and litigation. Here's what that potentially means for the recent slate of rules and lawsuits targeting the mortgage industry.

Nominate a rising star of the real estate industry

Feb 4, 2025

Nominations are now open in four awards categories for 2025, including a slate of new honors meant to spotlight achievements in artificial intelligence and recognize real estate's emerging leaders.

State Farm seeks double-digit rate hike in California in wake of LA fires

Feb 4, 2025

The insurer asked the California Department of Insurance to raise rates by an average of 22 percent "to help avert a dire situation" as the company pays thousands of claims related to the fires.

Climate change reshapes real estate, putting $1.5T in value at risk

Feb 4, 2025

Climate change has shaken up the U.S. real estate market, with buyers no longer simply seeking better quality of life or affordable housing — but also considering climate risks before purchases.

A broker left out of NAR settlement gets candid: ‘I’m still pissed’

Feb 4, 2025

First Team CEO Michele Harrington's company just settled a commission suit. But while speaking to Inman, she was critical of the way the suits, and NAR's involvement, have played out.

The future of the MLS: A proposed path toward a national network

Feb 4, 2025

Achieving a national multiple listing service should be our top priority as Realtors, Michigan-based @properties Christie’s International Real Estate broker Chris Marzke writes for Inman.

Educate yourself and your clients about the impact of Trump tariffs

Feb 4, 2025

Protect your peace, power and profits, coach Darryl Davis writes, and provide the guidance your clients need to navigate the latest economic movements.