The 6% commission, a standard in home purchase transactions, is no more. In a sweeping move expected to dramatically reduce the cost of buying and selling a home, the National Association of Realtors announced Friday a settlement with groups of homesellers, agreeing to end landmark antitrust lawsuits by paying $418 million in damages and eliminating … Read more
House staging is a significant part of the real estate industry, and while Realtors have traditionally staged houses physically before posting a listing, it’s an expensive and time-consuming process. A startup called Virtual Staging AI is making it possible for Realtors to virtually stage a house with the help of generative AI. Virtual Staging AI, … Read more
Jason Oppenheim, president and founder of the famed Oppenheim Group, is now representing Kanye West in the sale of his Malibu beachfront estate, and there’s been some criticism Oppenheim should not represent an antisemite, but we’ve contacted some high-end realtors who feel it’s absurd to have a litmus test on which clients they will represent. … Read more
Actual property advertising is not any stroll within the park. Not solely do realtors should climate market volatility, however they should meet patrons the place they store — creating compelling advertising experiences whereas maintaining prices below management. Malte Kramer skilled the roadblocks firsthand whereas working as a advertising guide for actual property firm Jade Mills. … Read more