Editor’s note: RISMedia will be on the ground in Chicago this week to provide live coverage of the hearing. Stay tuned to RISMedia.com for the latest updates.  A long-simmering dispute between Zillow and Chicago-based MLS Midwest Real Estate Data (MRED) exploded into a public battle last month, ending up (like many recent industry disputes have)…

The post MRED Argues for Arbitration Days Before Zillow Court Hearing appeared first on RISMedia.

Leading Real Estate Companies of the World® announced it will be adding Landtrust Agency Network to its Solutions Group program of preferred business resources for its global network of 500 marketing-leading real estate firms.  Landtrust Agency Network, a partnership platform for real estate brokerages, seeks to operate or expand affiliated title services without operational burden,…

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Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow-MRED-Compass Heads for Testimony July 1-2 RISMedia will be on the ground in Chicago July 1-2, covering the high-stakes trial between Zillow, Midwest Real Estate Data (MRED) and Compass. The preliminary injunction hearing…

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Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. – In the last week of June, mortgage rates continued to hover around 6.5%, with rates hitting the lowest 30-year fixed rate (6.53%) since May 14 at the end of the week. These rates…

The post Mortgage Mix: Bankrate Finds Most Borrowers Overpaying, Rates Remain Largely Flat appeared first on RISMedia.

Above, from left, Michael Wurzer, Cameron Paine, Melissa King, Garry Marsoubian and Justin Landon From the abolition of the three-way rule to the creation of private listing environments, MLSs are navigating new territory and reinventing themselves and the role they play with brokers and agents.  In an upcoming session at RISMedia’s CEO & Leadership Exchange,…

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Online national real estate firm Address Realty USA has announced that Eddie Sturgeon has joined the company as chief growth officer, aiming to strengthen the company’s leadership team as it expands its national brokerage and consumer platform strategy.  Sturgeon brings over 18 years of experience in helping real estate organizations grow both domestically and internationally.…

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Above, Thomas L. Reed As conversations around data ownership, access and interoperability continue to intensify, the role of MLSs is coming into sharper focus—a dialogue that will become more important as the industry shifts toward being more data-driven and technology-dependent.  “Listing data isn’t just information sitting in a system,” says Thomas L. Reed, the broker-in-charge…

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It’s Real Estate Agent 101 to highlight any or all positive attributes around a home for sale. After all, many buyers may be unfamiliar with the surrounding area, so showcasing things like parks, shopping areas, schools and more can only move the process forward. But what about things that most people may not want to…

The post How to Handle Potentially Thorny Affordable Housing Convos With Clients appeared first on RISMedia.

In a major maneuver potentially solidifying its status within the real estate industry, the American Real Estate Association (ARA) has announced that Chris Lim, president and chief growth officer at REMAX, has joined its board of directors, as well as Andrew Dodge, a prominent investor and businessman. “This is a big moment for ARA, and…

The post Top REMAX Exec Joins NAR Rival Board in Coup for ARA appeared first on RISMedia.

The latest University of Michigan Consumer Sentiment Index showed that Americans are upbeat about the economy this month compared with May. The index, which evaluates the relative level of current and future economic conditions through a survey of approximately 500 consumers, recorded a reading of 49.5, compared with May’s 44.8. While the 10.5% month-over-month increase…

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