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Law professor creates contract with buyer interests in mind

USA Real Estate News-Inman - Mon, 2024-09-30 19:28
University of Buffalo contracts law professor Tanya Monestier's sample form makes clear the buyer is on the hook for buyer broker compensation so long as they successfully close a deal.

Is Spelling Manor the next mansion to be hit by scammers?

USA Real Estate News-Inman - Mon, 2024-09-30 18:34
Former Google chief executive Eric Schmidt is reportedly interested in the $137.5 million home, but the property can't be sold until a bizarre claim to the deed allegedly involving a web of Donald Trump, Steven Mnuchin, Erika Girardi's ex-husband and more is resolved in the court system.

Figure now using OpenAI’s GPT to speed HELOC doc review process

USA Real Estate News-Inman - Mon, 2024-09-30 17:28
When combined with a newly launched chatbot powered by Google Gemini, Figure says AI-powered doc review will save $8 million while raising customer satisfaction scores.

Easing rates expected to boost California home sales 10.5% in 2025

USA Real Estate News-Inman - Mon, 2024-09-30 15:44
The California Association of Realtors expects existing single-family home sales to reach more than 300K units by the end of 2025. Active inventory is due for a 10 percent boost as well.

Helene death toll surpasses 100; communities face tough rebuild

USA Real Estate News-Inman - Mon, 2024-09-30 14:56
Some of the areas worst hit by the storm were in more remote western North Carolina mountain towns, like Asheville, where more than 40 people died, and where communities were cut off from cell and internet services, as well as water and power.

The October Issue of Real Estate Magazine Is Now Live

USA Real Estate News-RISMedia - Mon, 2024-09-30 13:50

The October issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at the CENTURY 21 Brand’s exploration of how the American dream of homeownership has evolved, and what that means for agents. In addition, we also look at CRD’s new class of…

The post The October Issue of Real Estate Magazine Is Now Live appeared first on RISMedia.

Murdoch’s REA Group Gives Up After 4th Rejection Trying to Acquire UK Portal

USA Real Estate News-RISMedia - Mon, 2024-09-30 13:33

It’s strike four, over and out, for Rupert Murdoch’s REA Group, as its continuing, months-long effort to acquire Rightmove has come to an end. Its fourth offer of $8.3B was rejected by the UK portal’s board of directors Sept. 30, and Murdoch’s Sydney-based News Corp subsidiary said there will not be another offer. News Corp…

The post Murdoch’s REA Group Gives Up After 4th Rejection Trying to Acquire UK Portal appeared first on RISMedia.

Howard Hanna Introduces ListAssist Natural Language Home-Search Technology

USA Real Estate News-RISMedia - Mon, 2024-09-30 13:24

Howard Hanna Real Estate Services has announced the integration of ListAssist HomeSearch, a new property search technology for buyers that focuses on using more precise and personalized language.  According to the company, with ListAssist HomeSearch, users can now simply describe their dream home using natural language in the search bar of HowardHanna.com. Whether it’s a…

The post Howard Hanna Introduces ListAssist Natural Language Home-Search Technology appeared first on RISMedia.

Team Tactics: 4 Things Your Team Should Be Branding, and 2 You Shouldn’t

USA Real Estate News-RISMedia - Mon, 2024-09-30 13:16

In real estate, branding is important. Name recognition, being “top of mind” and expanding your sphere are almost synonymous with success in the real estate business. At the same time, some take a “more is better” approach and seek to scrawl their logo, name, catchphrase or company on every billboard or knickknack they can get…

The post Team Tactics: 4 Things Your Team Should Be Branding, and 2 You Shouldn’t appeared first on RISMedia.

Petition to End Clear Cooperation a ‘Collective Effort’ Says NAR-Alternative Organization

USA Real Estate News-RISMedia - Mon, 2024-09-30 12:25

An idea to draw attention to a flashpoint issue in residential real estate while also potentially gaining new members for the American Real Estate Association (AREA, our acronym usage, not theirs) has worked out well, thanks to the group’s co-founder, Jason Haber. Haber, an agent with Compass in New York, who created the American Real…

The post Petition to End Clear Cooperation a ‘Collective Effort’ Says NAR-Alternative Organization appeared first on RISMedia.

Court Report: Settlements Discussed in Buyer Cases; United Mortgage Lawsuit Dismissed

USA Real Estate News-RISMedia - Mon, 2024-09-30 12:20

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. The last week of September was far from the bumpiest the real estate industry has experienced in recent memory, with lawsuit updates coming in the form of existing suits winding down or ending.…

The post Court Report: Settlements Discussed in Buyer Cases; United Mortgage Lawsuit Dismissed appeared first on RISMedia.

Rupert Murdoch’s REA Group calls it quits on Rightmove acquisition

USA Real Estate News-Inman - Mon, 2024-09-30 12:14
News Corp.-subsidiary REA Group announced on Monday it had given up on its quest to purchase Rightmove after its fourth offer of $8.3 billion was rejected by the UK portal's board of directors.
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