One Connecticut homebuyer is preparing for marriage. Another in Virginia is healing from a divorce. Both tell Inman the struggle to find a home this spring is real — and the clock is ticking. [#item_url] [#feedzy_item_url]
Category: Inman News
Industry gets some clarity on mortgage commission rules
Fannie, Freddie and FHA say sellers can continue to pay the buyer’s agent’s commission. But it remains to be seen if buyers will be allowed to finance their agent’s commission into their mortgage. [#item_url] [#feedzy_item_url]
Homebuyers rush to lock as mortgage rates hit new 2024 highs
Rates for conforming loans pushed through 7 percent last week and continue to rise, as latest inflation data dims prospects that Fed will ease in June. [#item_url] [#feedzy_item_url]
Bye bye bye: Leave your team — without losing your connections
Co-founder of The Agency’s BZP Group and regular cast member on “Buying Beverly Hills” Joey Ben-Zvi writes that professionalism and respect are essential to leaving the right way. [#item_url] [#feedzy_item_url]
Homebuyers emboldened in wake of $418M NAR settlement: Intel poll
Clients think their agents bring a ton of value, and they’re willing to pay for it, according to a survey of 3,000 employed U.S. residents conducted by Intel and Dig Insights. But many consumers embrace the idea of negotiating a lower commission — and perhaps exploring new models. [#item_url] [#feedzy_item_url]
Zillow launches ‘Home Just Got Real’ ad campaign
Just in time for spring homebuying, portal powerhouse Zillow has released a new ad campaign aimed at celebrating the persistence of millennial and Gen-Z homebuyers amid market headwinds. The ad series, “Home Just Got Real,” includes two 30-second and one 15-second videos that highlight the reasons people buy — a place for their child to grow up or a home big enough for their furry friends — and the lengths they go to achieve their dreams. [#item_url] [#feedzy_item_url]
Big Tech loses its appetite for office space, adding to landlords woes
Tech firms such as Meta, Amazon, Salesforce and Google are offloading office space and letting leases expire. [#item_url] [#feedzy_item_url]
Use intentional reflection to optimize your decision-making
Embrace reflection as a tool for your growth, coaches Emily Bossert and Melanie Klein write. From clarifying your purpose, to redefining your goals and cultivating adaptability, this practice will allow you to control the ebbs and flows of your business more smoothly. [#item_url] [#feedzy_item_url]
AJ Canaria Creative Services joins LeadingRE Solutions Group
Global real estate network Leading Real Companies of the World (LeadingRE) has added photography services provider AJ Canaria Creative Services to its Solutions Group, a family of industry vendors it champions to its 550 members. [#item_url] [#feedzy_item_url]
Will lawsuits end 6% commissions? Probably not, 1 law professor says
A provision in NAR’s settlement barring listing agents from offering buyer agents compensation is “largely symbolic,” USC professor Jordan Barry said Friday at a University of Minnesota conference. [#item_url] [#feedzy_item_url]