Jennifer Lopez and Ben Affleck’s $68 million Beverly Hills estate has remained unsold for more than 100 days since it went on the market. Despite the long listing period, real estate experts like Jason Oppenheim of The Oppenheim Group say it’s not uncommon for ultra-luxury properties to take several months, or even longer, to find … Read more
A settlement between the National Association of Realtors, or NAR, and plaintiffs in several lawsuits challenging the practice of commission-sharing went into effect Saturday. And while the agreement aims to reduce the fee percentage paid to real estate agents, there could be an additional consequence. A working paper published Monday by the National Bureau of … Read more
Homebuyers face a changing housing market this weekend as major shifts to how real estate agents are paid take effect. The National Association of Realtors (NAR) groundbreaking new commission-sharing agreement will end the common practice of home sellers automatically covering the fees for real estate agents on both sides of the transaction. The new rules … Read more
Hiring a good real estate agent means having a trusted mentor in your corner, ready to guide you through the ins and outs of the housing market. Hiring the wrong one, on the other hand, can lead to frustration, wasted time and heartbreak. Like many people, I found this out the hard way. After my … Read more