Consumer Tips

Unveiling Discrimination in Real Estate: The LGBTQ+ Perspective

Above, Anita Blue I love working in real estate! I love the people in it! And, as we celebrate Pride Month, even after the recent attacks on the LGBTQ+ community on NAR’s Facebook and Instagram posts, I can honestly say your outpouring of support for me and the LGBTQ+ Real Estate Alliance is amazing. But…

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The Compensation Conversation: How to Avoid ‘Steering’ in a Post-Settlement World

“I don’t have to offer commission to a buyer agent—why should I?”  This simple seller question—one that is likely to become more common every day—is a potential minefield. In the aftermath of the National Association of REALTORS®’ (NAR) settlement agreement, which will mandate the removal of compensation from MLSs starting next month, agents quickly pointed…

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Home Prices Hit Record High

Existing-home sales slightly declined in May as the median sales price climbed to a record high, according to the National Association of REALTORS®. The median existing-home price for all housing types in May was $419,300, the highest price ever recorded and an increase of 5.8% from one year ago ($396,500). All four U.S. regions registered…

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Mortgage Mix: Legal Troubles Batter Mega-Lenders; CoStar Nabs Freddie Mac Exec

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. -Guaranteed Rate is pushing back strongly against an expose published in the Chicago Tribune that claims the company cultivated a toxic workplace culture rife with sexual harassment and retaliation, calling the article “a hit piece.”…

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Former Employee Sues NAR for Reneging on Sexual Harassment Settlement

The National Association of REALTORS® (NAR) is once again facing accusations of sexual harassment, retaliation and workplace discrimination, with a lawsuit filed in federal court this week by a former employee alleging the organization fired her for reporting the incidents, and then failing to abide by a subsequent settlement agreement. Roshani Sheth, a former product…

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Building the Blueprint for Change

Above, Amy Lessinger Amy Lessinger, the pioneering president of RE/MAX, is hailed as a visionary within the real estate sphere. Lessinger’s journey began over two decades ago when she entered RE/MAX at 26—rapidly progressing from agent to broker/owner of a flourishing brokerage boasting 135 agents and three offices. Amidst challenges in the male-dominated landscape, she…

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CFPB Proposes Fine Against Freedom Mortgage

The Consumer Financial Protection Bureau (CFPB) has issued a proposed $3.95 million fine against Florida-based mortgage lender Freedom Mortgage. The CFPB previously sued Freedom Mortgage in October 2023 after the company was found to have submitted inaccurate mortgage data to federal regulators during 2020. Freedom Mortgage is described as the third-largest loan originator in the…

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Economic Index Fell Again in May; Year-Over-Year Growth Looking Up

The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term, decreased by 0.5% in May to 101.2, following a 0.6% decline in April. Over the six-month period between November 2023 and May…

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Engel & Völkers Settles Commission Suits

Engel & Völkers has become the latest brokerage to settle class-action commission lawsuits by sellers, according to filings in federal court today, as the international luxury brand entered into a preliminary agreement with plaintiffs to end litigation claiming the company participated in a conspiracy to inflate commissions. Terms of the agreement were not released, and…

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Condo Maintenance and Upkeep: A Comprehensive Guide

Maintaining a condo involves regular care and timely repairs. This ensures a comfortable, safe living environment and preserves property value. I will provide the following guidance: Practical tips for regular condo maintenance Solutions for common condo maintenance issues A seasonal checklist to keep your condo in top shape From being a condo owner in multiple…

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