Newt Heilman BrokerLicense #: NC License # 185533

Newt Heilman BrokerLicense #: NC License # 185533

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eXp World Holdings Exceeds Expected Revenue Rate for Q1, but Agent Count Remains Down Year-Over-Year

USA Real Estate News-RISMedia - Thu, 2024-05-02 13:21

Despite ongoing legal woes and a drop in agents, virtual national brokerage eXp reported year-over-year revenue and profit growth in its Q1 2024 earnings call on Wednesday. Transactions also increased 8% to 110,976 year-over-year, the company reported. “During the first quarter, our agents closed over $37 billion of transactions, a 12% year-over-year increase, underscoring eXp’s…

The post eXp World Holdings Exceeds Expected Revenue Rate for Q1, but Agent Count Remains Down Year-Over-Year appeared first on RISMedia.

Zillow Sees the Positives in a Post-Settlement Industry in Latest Earnings Call

USA Real Estate News-RISMedia - Thu, 2024-05-02 13:18

At the end of 2023, Zillow pointed to the consistency of its earning results to paint a rosy picture of the company’s future. Reported revenue was up year-over-year in Q4 2023 ($474 million), though there was a net loss of $74 million, about the same as the year before.  In its first quarterly report of…

The post Zillow Sees the Positives in a Post-Settlement Industry in Latest Earnings Call appeared first on RISMedia.

The silver lining behind the market’s mixed messages

USA Real Estate News-Inman - Thu, 2024-05-02 12:22
While 2024 is looking like more of the same down market, leading indicators may point to happier days ahead, according to Mike DelPrete.

Bad at math? Let David Childers illuminate the latest data

USA Real Estate News-Inman - Thu, 2024-05-02 12:08
Keeping Current Matters CEO David Childers and Jimmy Burgess discuss why a relevant market opinion based on facts, not fears, is key for educating consumers and navigating industry changes.

Mortgage Rates Increase for Fifth-Straight Week

USA Real Estate News-RISMedia - Thu, 2024-05-02 12:06

The 30-year fixed-rate mortgage (FRM) averaged 7.22% this week, rising for the fifth-consecutive week and up from last week’s 7.17%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday.  This week’s numbers:  The 30-year FRM averaged 7.22% as of May 2, 2024, up from last week when it averaged 7.17%.…

The post Mortgage Rates Increase for Fifth-Straight Week appeared first on RISMedia.

HomeServices hit by buyer commission lawsuit in Florida

USA Real Estate News-Inman - Thu, 2024-05-02 11:57
The class action lawsuit filed by plaintiff James Lutz alleges that HomeServices and other members of the National Association of Realtors fixed commissions, which misled buyers and resulted in buyers paying inflated home prices.

Latest iGuide update includes buyer lead capture

USA Real Estate News-Inman - Thu, 2024-05-02 11:30
Imaging company Planitar released an update to its iGuide tour experience that encourages buyers to offer contact information and feedback.

REALTORS®’ Charitable Giving and Volunteering Increased Last Year

USA Real Estate News-RISMedia - Thu, 2024-05-02 10:41

Charitable giving continues to rise among REALTORS® and REALTOR® associations, according to a new report from the National Association of REALTORS®. The 2024 Community Aid and Real Estate Report (CARE Report) provides insight into the monetary and volunteer contributions of NAR members, broker-owners and AEs or MLS staff. Monthly volunteering and annual monetary donations by…

The post REALTORS®’ Charitable Giving and Volunteering Increased Last Year appeared first on RISMedia.

CRD Partners with Shaping Wealth for Human-Centric Training Suite

USA Real Estate News-RISMedia - Thu, 2024-05-02 10:14

The Center for REALTOR® Development announced a strategic partnership with Shaping Wealth to offer training programs crafted to equip agents with the human-centric skills needed to thrive in today’s real estate environment. The partnership provides NAR members exclusive access and discounted pricing on three upcoming virtual workshops. “At the Center for REALTOR® Development, we are…

The post CRD Partners with Shaping Wealth for Human-Centric Training Suite appeared first on RISMedia.

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