Chris Randall Licensed Realtor®License #: SA677161OOO

Chris Randall Licensed Realtor®License #: SA677161OOO

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Escrow Holdbacks vs. Repair Escrows: What’s the Difference?

USA Real Estate News-RISMedia - Thu, 2024-05-16 13:28

Escrow holdbacks and repair escrows are common tools in real estate transactions, used to facilitate smooth property transfers under certain conditions. These financial arrangements help manage and mitigate risks associated with property conditions at closing. I will clarify the distinctions and similarities between escrow holdbacks for repairs and other types of escrow accounts. You will…

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SERHANT. snags sales of NYC new development from The Agency

USA Real Estate News-Inman - Thu, 2024-05-16 12:45
The Agency repped the building’s sales for one year before SERHANT. stepped in to take the reins on the 21-unit UWS boutique luxury residence known as 'Fifteen.'

Budnick Out, Blefari Returning as CEO at HSF Affiliates

USA Real Estate News-RISMedia - Thu, 2024-05-16 12:39

In an unexpected move last week but made public May 16, Christy Budnick announced that she was stepping down June 3 as CEO of HSF Affiliates, the franchisor of Berkshire Hathaway HomeServices (BHHS). The company said that Gino Blefari would return as CEO of HSF Affiliates, adding to his position as CEO of HomeServices of…

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Mortgage Rates Decrease Again

USA Real Estate News-RISMedia - Thu, 2024-05-16 12:32

The 30-year fixed-rate mortgage (FRM) averaged 7.02% this week, down for the second week in a row from last week’s 7.09%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers:  The 30-year FRM averaged 7.02% as of May 16, 2024, down from last week when it averaged…

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Housing Starts Rebound in April, Rising 5.7% 

USA Real Estate News-RISMedia - Thu, 2024-05-16 12:23

With the U.S. still experiencing a housing shortage due to construction halts from the COVID-19 pandemic, housing completions, and starts, should continue to push positive, as each showed true in April—and the need for housing remains everlasting. According to data released by the U.S. Census Bureau, housing starts reached a seasonally adjusted rate of 1.360…

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Thoughts on Leadership: Honoring the Leadership Journey of Motherhood

USA Real Estate News-RISMedia - Thu, 2024-05-16 12:08

Editor’s Note: This article was originally published on May 9, 2024.  As we approach Mother’s Day this Sunday, I want to express my profound respect and admiration for all mothers—those who are planning to start families, those eagerly anticipating the arrival of their children, those who are navigating the early days of motherhood, and those…

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Investor purchases increased for the first time in 2 years during Q1

USA Real Estate News-Inman - Thu, 2024-05-16 11:47
Real estate investors bought roughly 44,000 homes during the first quarter of 2024, a 0.5 percent uptick from a year ago.

A Bay Harbor Island home in Miami sets new $21.95M sales record

USA Real Estate News-Inman - Thu, 2024-05-16 11:38
Shock-Gard CEO Matthew Bullock and his wife are the buyers of the spec home. The sale bests a previous record set last month by Brazilian race car driver Claudio Dahruj's home purchase.

Change, With a Backbone of Consistency

USA Real Estate News-RISMedia - Thu, 2024-05-16 11:37

As the adage goes, the only thing constant is change. But what if embracing change becomes the new constant?  I firmly believe change is good. To grow, it is important to not only welcome change but to use it to inspire opportunities to evolve and innovate. Yet, equally as important, as we prepare for what…

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Op-Ed: How We Got Here

USA Real Estate News-RISMedia - Thu, 2024-05-16 11:08

Above, Michele Harrington speaking at last year’s 2023 RISMedia Power Broker Forum in Anaheim, California. Editor’s Note: The historic events taking place in the real estate industry over the last year, including the commission lawsuits, Burnett/Sitzer case, the NAR and real estate brokerage settlements and how the industry will evolve and thrive in the new…

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What should I tell clients? Question leads to free-for-all at NAR midyear

USA Real Estate News-Inman - Thu, 2024-05-16 11:00
May 6 remarks from Anthony Lamacchia spurred at least one NAR midyear attendee to leave the MLS Forum in protest, others to hurl steering accusations, and NAR's senior counsel to intervene.

The Buyer Agent Playbook: Brokerage Leaders On Generating New Business Post-Burnett

USA Real Estate News-RISMedia - Thu, 2024-05-16 10:17

Above, Filippo Incorvaia and Sarah Close When real estate professionals, and anyone else for that matter, look back on what happened within the residential real estate industry during 2023-24, normally vital measures such as mortgage rates and number of homes sold will not just take a back seat to the legal issues that have dominated…

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S&S Christie’s International Real Estate launches in Vietnam

USA Real Estate News-Inman - Thu, 2024-05-16 09:00
S&S Christie's International Real Estate, was born through a collaboration with S&S Group, a conglomerate of ultra-luxury companies that span the automotive, timepiece, fashion, art and, now, real estate sectors. Their first office will open in Saigon in June.

Newsmakers Spotlight: Colette Stevenson on the Value of Strategic Partnerships Between Brokerages and MLSs

USA Real Estate News-RISMedia - Thu, 2024-05-16 08:51

Colette Stevenson is CEO of REsides, an innovative Multiple Listing Service (MLS) model that ensures equitable ownership for all stakeholders. Dedicated to empowering brokers and agents with actionable data, she strives to provide value beyond industry conventions.  “I believe that MLSs have a huge opportunity to get close to their customers in the midst of…

The post Newsmakers Spotlight: Colette Stevenson on the Value of Strategic Partnerships Between Brokerages and MLSs appeared first on RISMedia.

Newsmakers Spotlight: Colette Stevenson on the Value of Strategic Partnerships Between Brokerage and MLS

USA Real Estate News-RISMedia - Thu, 2024-05-16 08:51

Colette Stevenson is CEO of REsides, an innovative Multiple Listing Service (MLS) model that ensures equitable ownership for all stakeholders. Dedicated to empowering brokers and agents with actionable data, she strives to provide value beyond industry conventions.  “I believe that MLSs have a huge opportunity to get close to their customers in the midst of…

The post Newsmakers Spotlight: Colette Stevenson on the Value of Strategic Partnerships Between Brokerage and MLS appeared first on RISMedia.

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