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The move was expected, but came amid increasing dissention among Fed officials, who voted for the cut by the sharpest division in six years.
The partnership combines Rechat’s Marketing Center with Follow Up Boss’ CRM and market reports in one real estate “super app.”
The average commission was up from a recent low in third quarter 2024 that followed the NAR settlement.
Geographically, trends varied widely, with formerly hot areas like Florida and the Southeast posting the deepest declines and formerly cool areas, like the Midwest, showing healthy gains.
Site users will be able to access every eXp listing — regardless of regional boundaries — using the tool’s search engine.
By region, sales rose in the Midwest, Northeast and South but fell in the West.
In this role, Reyes will oversee the brokerage’s technology team, manage technology infrastructure and product launches and drive national software development.
The association made local MLSs responsible for deciding whether non-Realtors may access their platforms as part of a suite of changes aimed at reducing antitrust risk.
Priorities outlined in the plan fall under two overarching categories: building the future member experience and modernizing the association.
The chief economist for the National Association of REALTORS® also predicts home prices will climb 4% compared to 2025.
At the top of the list? WaterSense fixtures — the plumbing solution, which claims to reduce water use by more than 20%, increased in popularity by 289.6%.
At the same time, the average age of the first-time buyer hit an all-time high of 40, according to the 2025 Profile of Home Buyers and Sellers.
As part of the relaunch, Rate announced the results of a study it conducted, which found almost seven in 10 homebuyers said homeownership keeps them up at night.
The Federal Reserve trimmed its federal funds rate from 4% to 3.75% as it seeks maximum employment and inflation of 2%.
How will the government shutdown hit the real estate market? Will big company mergers change the industry landscape? Economist Matthew Gardner is back answering those questions and more in his Q3 2025 Update with Agent Publishing Co-Founder Anne Hartnett.
Agent Publishing Founder and Publisher Anne Hartnett discusses Brokerage Culture with Realogics Sotheby’s International Realty’s Val Burmester, Rachel Schindler and Dean Jones.
