Mohan Chalagalla REALTOR®License #: CA DRE 01906706

Mohan Chalagalla REALTOR®License #: CA DRE 01906706

news aggregator

DOJ Seeks Ban of ‘Indirect’ Commission Rules, Alleges Antitrust in Optional NAR Policies

USA Real Estate News-RISMedia - Mon, 2024-06-24 12:16

Despite offering a cautiously positive assessment of the settlement struck by the National Association of REALTORS® (NAR) late last month, Department of Justice (DOJ) antitrust regulators are signaling they will push for more changes to real estate rules outside the significant shifts already looming for the industry. In three separate moves, lawyers for the DOJ…

The post DOJ Seeks Ban of ‘Indirect’ Commission Rules, Alleges Antitrust in Optional NAR Policies appeared first on RISMedia.

United Real Estate Seeks Dismissal in Mega Buyer Suit

USA Real Estate News-RISMedia - Mon, 2024-06-24 12:13

In a move likely to inspire deja vu, United Real Estate Group (UREG) is looking to join the list of former defendants in a massive homebuyer commission lawsuit that continues to wage on.  The real estate holdings company filed a motion in the U.S. District Court in Northern Illinois on Friday to dismiss all claims…

The post United Real Estate Seeks Dismissal in Mega Buyer Suit appeared first on RISMedia.

KW team lead hosts first-ever Pride event in Canyon County, Idaho

USA Real Estate News-Inman - Mon, 2024-06-24 11:35
Keller Williams team leader and LGBTQ+ Real Estate Alliance founding member Tom Wheeler hosted Canyon County, Idaho's first-ever Pride event on June 9. Here's the story of how the 4,000-person event came to life.

The Real Estate Industry Responds as Legislators Consider Regulations on Investor-Owned Homes

USA Real Estate News-RISMedia - Mon, 2024-06-24 11:15

Real estate agents aren’t only the ones who help sell properties, they’re often the ones who own and invest in them. In recent years, though, small investors are facing competition from Wall Street firms that buy single-family homes with speedy cash offers and remake them into rental properties. Lawmakers around the country have taken note…

The post The Real Estate Industry Responds as Legislators Consider Regulations on Investor-Owned Homes appeared first on RISMedia.

Fathom Realty Announces New District Directors in Four States

USA Real Estate News-RISMedia - Mon, 2024-06-24 11:10

Fathom Realty has announced the appointment of five new District Directors, each bringing experience, passion and dedication to their new roles. From Central Wisconsin to Montgomery, Alabama, Fathom stated that these leaders embody excellence and integrity, enriching company culture and guiding their teams toward success. Terra Beaver  District: Central Wisconsin  Terra Beaver brings a genuine…

The post Fathom Realty Announces New District Directors in Four States appeared first on RISMedia.

DOJ urges court to overturn judgment in REX v. Zillow

USA Real Estate News-Inman - Mon, 2024-06-24 11:02
"The judge's decision created a loophole that could allow associations to sidestep antitrust scrutiny by cloaking restrictive rules as optional," the DOJ's filing states. The brief may give REX a new leg up in its case.

More listings, lower rates should boost 2025 sales: Fannie Mae

USA Real Estate News-Inman - Mon, 2024-06-24 08:38
Fannie Mae on Friday slashed its 2024 forecast as a result of weak spring home sales, but listings are returning to the market and mortgage rates look poised to drop, according to new projections.

Intel Broker’s Guide: How to pry recruits from indies, franchises

USA Real Estate News-Inman - Mon, 2024-06-24 04:00
It's tough to recruit from franchises, but that's where opportunity may lie, according to an analysis of Intel responses from 610 agents. Intel helps craft the right pitch to draw agents mulling a pivot.

Broker-owned MLSs have forked over millions under NAR opt-in deal

USA Real Estate News-Inman - Mon, 2024-06-24 04:00
The vast majority of more than 600 multiple listing services nationwide have chosen to opt in to the National Association of Realtors' commission settlement, according to a new Inman analysis.
Syndicate content

Enroll for a Free First Time Home Buyer Consultation

Have Questions?