Facing multiple lawsuits from former agents and recruits along with scrutiny from the New York City Comptroller’s office, eXp Realty and several current and former executives and board members at the firm are now facing a suit by public pension funds, who allege the company breached its fiduciary duty in covering up reports of rape… The post New Lawsuit Claims eXp Lawyer Admitted Sexual Assault Allegations Are ‘Accurate’ appeared first on RISMedia.

Getting homeowners insurance used to be a fairly straightforward process. You’d shop around with two or three companies, compare rates and pick the best deal. However, more frequent and severe weather events driven by climate change are hitting insurers’ margins hard as homeowner claims and the damage replacement costs spike. As a result, some insurers… The post Insurance Crisis Is Derailing Deals and Adding to Affordability Woes appeared first on RISMedia.

Affordability is based on three key factors: mortgage rates, home prices, and wages. 

Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion.

Seeing your house sit on the market without any bites is the ultimate frustration.

Maintaining client relationships means hopefully selling them another house in the future, and representing them as the seller agent as well. As such, it’s imperative you guide them in all aspects of homeownership even in times when they are not buying or selling. One key topic is refinancing. Here are four mortgage refinancing mistakes to… The post 4 Mortgage Refinancing Errors Your Longtime Clients Must Avoid appeared first on RISMedia.

After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move.

That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments.

Traditional marketing methods like generic ads, open houses and run-of-the-mill online listings are effective but often not enough to set you apart in an ever-changing and competitive real estate landscape.  Let’s explore three modern marketing strategies that can help you secure more listings in today’s real estate market. Live-hosted virtual tours Research shows that 97%… The post Top 3 Overlooked Marketing Tactics Every Listing Agent Should Use appeared first on RISMedia.

With a recent interest rate decrease from the Fed and slowing inflation, consumers’ economic hopes saw a significant increase in September. Consumer sentiment rose 3.2% in September, from 67.9 in August to 70.1, according to the University of Michigan’s latest report. This is the second consecutive month of increase, following August’s rise of 1.5 points,… The post Consumer Sentiment Turns Positive as Inflation Slows appeared first on RISMedia.

If you’re wondering if you should buy now or wait, here’s what you need to know. 

When it’s time to buy or sell a home, one of the most important decisions you’ll make is who you’ll work with as your agent.