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Above, John Armstrong VITALS:  RE/MAX Rising Years in business: 8 Size: 1 office, 80 agents Regions Served: Central Illinois 2023 Sales Volume: 1,100 2023 Transaction Volume: $270 million http://www.remaxrising.com  A second-generation REALTOR®, John Armstrong—co-owner and managing broker of RE/MAX Rising—initially resisted getting into the business over fear that he would spend too many nights and…

The post Planting the Seeds for Future Growth appeared first on RISMedia.

Affordable Housing Crisis: Only Six Major U.S. Cities Have Affordable Houses  Yahoo Finance

Confidence in the market for new multifamily housing declined year-over-year in Q1 2024, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB).  NAHB stated that the MMS produces two separate indices: the Multifamily Production Index (MPI) had a reading of 47, down three points year-over-year,…

The post Multifamily Developer Confidence Declines in Q1 2024 appeared first on RISMedia.

New Industry Task Force to Develop a Real Estate Carbon Pricing Strategy  Urban Land

Keller Williams hosted its latest RED Day, which challenges its 176,000 agents to give back to their communities. This year's day yielded "thousands" of projects.

Hands-on training with mentors, authenticity on social media and honest conversations with clients may sound like simple tips for success in real estate, but for Floridia real estate agent Hudson “Mitch” Willis, of LPT Realty, these were a part of system of tools that catapulted his first year in real estate to extraordinary success.  “The…

The post Rookie of the Year Regional Winner Shares 3 Secrets to His Success appeared first on RISMedia.

The new series will follow Cardone as he evaluates real estate projects and decides whether or not to invest in them.

This past Saturday, Warren Buffett, co-founder, chairman and CEO of Berkshire Hathaway, and Greg Abel, CEO of Berkshire Hathaway Energy, gave their input on the latest commission lawsuit settlements across the industry, at Berkshire Hathaway’s annual shareholder meeting—including discussion regarding HomeServices of America’s announced $250 million settlement. “There’s no question the industry will go through…

The post Buffett and Abel Address Recent Settlements appeared first on RISMedia.

A pocket listing startup suing the National Association of REALTORS® (NAR) is seeking to push forward with its claims that the Clear Cooperation policy violates antitrust laws, asserting that its business model addresses a “superfluity of ineffective agents” in a case with potential impacts beyond the NAR settlement. In a 17-page filing in a California…

The post Pocket Listing Lawsuit Renews Attack on ‘Clear Cooperation,’ Ineffective Agents appeared first on RISMedia.

US court approves first wave of settlements over real estate commissions  Reuters

Affordable Housing Crisis: Only Six Major U.S. Cities Have Affordable Houses  Benzinga

In the wake of HomeServices of America’s $250 million historic class-action, commission-focused settlement, leadership within the national brokerage has provided affiliated operating companies and agents with an extensive breakdown of what comes next for them regarding rule changes and overall impact on transactions for sellers moving forward—something that seemingly hasn’t yet been done to this…

The post In the Wake of Its Historic Settlement, HomeServices Issues Comprehensive Guidance to Agents on Rule Changes appeared first on RISMedia.

The monthly index, for which the luxury firm began gathering data in March 2023, is based on roughly 250 responses collected each month from the firm's real estate professionals across the U.S., Canada, Caribbean and Mexico.

The business of selling real estate is evolving at an ever-escalating pace. If you can identify some of the emerging trends and begin to act on those trends, Jimmy Burgess writes, you'll separate yourself from your competition like never before.

Life Sciences 'Build It And They Will Come' Strategy Is Tested Ahead Of VC Recovery  Bisnow

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. Per Freddie Mac, the latest average mortgage rates as of May 9 are 7.09% for the 30-year fixed-rate mortgage and 6.38% for the 15-year fixed-rate mortgage.  Compared to the previous week of May 3–the 30-year…

The post Mortgage Mix: Rates Remain Above 7%, but Declined for the First Time in Months appeared first on RISMedia.

Property Highlights: Location: New Smyrna Beach, Florida Listing Price: $1,999,000 Features: 5,000-plus-square-foot Mediterranean-style home with four bedrooms, four full baths and two half-baths. Added Appeal: Luxurious outdoor amenities, including a stone fireplace, heated spa and 22×32-foot pool. We’ve all marveled at Bob Ross painting exquisite and tranquil works of art—often featuring serene homes by the…

The post Unveiling the Artistic Legacy of Bob Ross in New Smyrna Beach, Florida appeared first on RISMedia.

Property Highlights: Location: New Smyrna Beach, Florida Listing Price: $1,999,000 Features: 5,000-plus-square-foot Mediterranean-style home with four bedrooms, four full baths and two half-baths. Added Appeal: Luxurious outdoor amenities, including a stone fireplace, heated spa and 22×32-foot pool. We’ve all marveled at Bob Ross painting exquisite and tranquil works of art—often featuring serene homes by the…

The post Unveiling the Artistic Legacy of Bob Ross in New Smyrna Beach appeared first on RISMedia.

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Qatari PM sells $49M London mansion to fellow royal  VnExpress International