Interest rates to drop, 6% realtor commission elimination expected to help home buyers lolita, 29/07/2025 Commission drop for realtors expected to help home buyers Briyana Jordan is a relator with Arterra Luxe. She says commissions won’t exactly be done with, but will be offered on the backend of a sale in a separate contract between parties. FOX 2 (WJBK) – As spring arrives, the housing market begins to blossom. That’s why buyers — like Kevin McIntosh — are trying to find a new home by May. “It’s beginning to show signs that it’s getting competitive,” he said. “But we’re just trying to get out there and stay on the search as often as possible.” A few elements may make 2024 more competitive. One, is reports of interest rates dropping which will increase more prospective buyers. The other is the National Association of Realtors announcement to eliminate its rule on the standard six percent commission for real estate agents. “I think it is going to affect the industry,” said Briyana Jordan. “It’s going to change the industry. I think it’s going to actually bring realtors who work full time. it’s going to bring them more to the forefront, and the people who only do this part time, they might fall off.” Jordan is a relator with … Continue Reading
Good Morning, News: Realtor Settlement to Impact Home Prices, Fire Causes Brief Restaurant Closure at Ox, the Thesis’ New Venue Homecoming lolita, 10/09/2024 The Mercury provides news and fun every single day—but your help is essential. If you believe Portland benefits from smart, local journalism and arts coverage, please consider making a small monthly contribution, because without you, there is no us. Thanks for your support! Good Morning, Portland! Do you like that sunny weather? Because we’re looking at ten days of rain—WATCH YOUR DRAINS. It’s time for news. IN LOCAL NEWS:• Almost everyone can agree that Portland needs more housing, and it’s a common belief that it all needs to be horrendously ugly—with awkward zig zag shapes so that the people who live in it feel ashamed every day of their lives for living in it. But what if restoring some of the cool, historic buildings could be fun, profitable, and like…reasonably cause the same environmental concerns? Portland’s Historic Landmarks Commission recently took such an argument before Portland City Council. Taylor Griggs explains more of the whys and wherefores. • Ox, an Argentine-cuisine-inspired steakhouse run by James Beard award-winning chefs Greg Denton and Gabrielle Quiñónez Denton has closed until further notice, following a fire. Greg Denton told KGW the fire began in the restaurant’s ducts. A post to the restaurant’s social … Continue Reading
eXp Realty Leads the Pack in the RealTrends 500, Capturing Top Honors in Five Categories lolita, 05/09/2024 eXp Realty Industry-leading residential real estate brokerage firm dominates in the prestigious rankings eXp Realty Leads the Pack in the RealTrends 500, Capturing Top Honors in Five Categories Industry-leading residential real estate brokerage firm dominates in the prestigious rankings BELLINGHAM, Wash., March 22, 2024 (GLOBE NEWSWIRE) — eXp Realty®, “the most agent-centric real estate brokerage on the planet” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced its latest milestone – securing the top spot in five categories on the coveted RealTrends 500 report: Transaction Sides, 5 Year Top Movers (Sides), 5 Year Top Movers (Volume), Best Brokerages and Public Independent . The company also moved up to No. 3 in two categories: Volume and Billionaires’ Club. The RealTrends 500 is a highly respected barometer for performance in the residential real estate sector, reflecting eXp’s commitment to excellence and a relentless pursuit of customer satisfaction. The report ranks the performance of the top residential real estate brokerage firms in the US each year based on previous year data. “These rankings are a testament to the strength of our unique agent-centric model, the passion of our affiliates, and our innovative approach to the real estate … Continue Reading