Associations

Decoupling broker commissions could be coming

Agent commissions of the future could look much different than they do today, as a Department of Justice investigation into the issue of decoupling buyer and broker commissions continues, class-action lawsuits are advancing and associations and MLSs are adjusting their policies.

SKCR: Transit-oriented grants an ‘absolute necessity’ for solving housing crisis

The Washington State Department of Commerce has awarded $2.4 million in Transit-Oriented Development Implementation (TODI) grants to 11 communities to review zoning areas served by current or forthcoming high-frequency bus service and light-rail transit.

NAR Board of Directors meeting reveals statistics about member dues, operations

As of Sept. 30, the National Association of Realtors (NAR) had collected $229.6 in dues from its 1.542 million members, according to a RealTrends report.

COVID, millennials changing King County housing market landscape

Limited housing inventory and new net demand have caused home prices to surge in King County, according to Matthew Gardner, chief economist for Windermere. 

Buyer hesitancy, weather change possible factors in October’s slow market activity

Real estate brokers are “detecting indecisiveness by some buyers who are getting mixed ‘work from home’ messages from their employers,” according to a report by the Northwest Multiple Listing Service (MLS). This hesitancy, coupled with cooler, wetter weather and

Atlanta, Houston real estate professionals elected to LGBTQ+ Real Estate Alliance executive roles

Atlanta’s Rodney Mason, who serves as vice president of mortgage lending with Guaranteed Rate, was named treasurer of the nonprofit, while Anita Blue, who works as an agent and credit restoration consultant at Cap Tex Realty, was named national vice president.

Atlanta Realtor named president of AREAA

At 37 years old, the new president will be the second-youngest leader of the national nonprofit trade organization, which works to improve the homeownership rate in the Asian-American Pacific Islander community.

Save the date! Battle of the Barristers (online event) set for Oct. 7

Mark your calendars. The annual Battle of the Barristers on Oct. 7, promises to be fun and informative.

Housing affordability ranked top priority in Seattle Realtor survey

In a recent survey conducted by Seattle King County REALTORS, housing affordability was the number one advocacy priority.

Seattle King County REALTORS  members credit education for business success

Real estate agents are crediting educational offerings — both in-person and virtual/on-line learning — for boosting their business success, according to a recent member survey conducted by Seattle King County REALTORS®.

Share of international homebuyers fell last year

International buyers purchased 107,000 residential properties from April 2020 through March 2021, marking a 31% decline from the 154,000 residences bought the previous year.

Seattle King County REALTORS: Affordable housing amendments hurt Black churches

The association endorsed a letter to Seattle City Council that says parishioners in communities of color will “suffer under the weight of soaring rents and unequal access to housing.”

NAR: May pending-home sales jump unexpectedly

“May’s strong increase in transactions — following April’s decline, as well as a sudden erosion in home affordability — was indeed a surprise. The housing market is attracting buyers due to the decline in mortgage rates, which fell below 3%, and from an uptick in listings.” — NAR chief economist Lawrence Yun

COVID and a booming housing market have fueled a record number of Realtors

The COVID pandemic has caused a shakeup in where, and how, many people work. That has helped propel a thriving housing market.

Pending home sales slide in April on tight inventory

Year over year, however, pending home sales were up 57.1%, the NAR said, citing its monthly Pending Home Sales Index.

NAR: Existing-home sales slide 2.7% in April on short supply

Existing-home sales slid for the third month in a row in April, declining 2.7% from March to a seasonally adjusted annual rate of 5.85 million, according to the National Association of Realtors.

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