Edward  Giles

Edward Giles

Real Estate Broker

License #: DC:BR98366683 MD:677790 VA:0225073221 GA:312662

Georgetown Realty Group

Office:
202-746-8456
Email Me

Hire A Top Class Real Estate Agent Who Will Invest In Your Future

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Buyer Representation: What’s Changed, and What Hasn’t

USA Real Estate News-RISMedia - Thu, 2024-10-31 13:41

Recent changes that went into effect following the National Association of REALTORS®’ (NAR) proposed settlement* have impacted how agents work with buyers. While some things have changed, many core principles of buyer representation haven’t. What’s changed: Mandatory written buyer agreements. One of the most significant changes is the requirement for written buyer agreements to be…

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Judge grants final approval to 9 commission lawsuit settlements

USA Real Estate News-Inman - Thu, 2024-10-31 13:38
Judge Stephen Bough granted approval for settlements involving Compass, Douglas Elliman, @properties and other companies. Collectively, the companies will pay $110 million to resolve the litigation.

Key Inflation Rate Hits 2.1% in September, Closing in on Fed Target

USA Real Estate News-RISMedia - Thu, 2024-10-31 13:30

Inflation rose slightly in September, according to a U.S. Bureau of Economic Analysis report released October 31. The Personal Consumption Expenditures (PCE) price index increased 0.2%. Excluding food and energy, the PCE price index increased 0.3%. Real DPI increased 0.1% in September and real PCE increased 0.4%; goods increased 0.7% and services increased 0.2%. Personal…

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DOJ Misses NAR Settlement Objection Deadline as Other Parties Weigh In

USA Real Estate News-RISMedia - Thu, 2024-10-31 12:45

This week—specifically this past Tuesday—was the deadline for anyone to enter a formal objection to the National Association of REALTORS®’ (NAR) settlement agreement, struck with class-action seller plaintiffs back in March. While about half a dozen parties came forward, including plaintiffs behind other commission-focused lawsuits and a law professor who has written critical analyses of…

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‘Haunted’ Homes a Target for Lowball Offers, WIth Sellers Unlikely to Disclose

USA Real Estate News-RISMedia - Thu, 2024-10-31 12:36

Is a real estate negotiation on a haunted home doomed from the start? Not necessarily, but concessions may be part of the process, according to Clever-affiliated researcher Real Estate Witch. In the never-ending quest for a smart buy, 54% of Americans claim they would dare to buy a haunted house. That number ballooned to 72%…

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Judge rules in favor of Serhant over KW Black Label in recruitment suit

USA Real Estate News-Inman - Thu, 2024-10-31 12:35
Pennsylvania judge Paula Patrick ruled against Keller Williams BlackLabel and in favor of Serhant, whose eponymously named brokerage expanded into Philadelphia's luxury market in 2023.

BREAKING: Judge Approves Copycat Settlements for Nine Brokerages

USA Real Estate News-RISMedia - Thu, 2024-10-31 12:32

A federal judge today gave a final stamp of approval to settlement agreements struck by nine large brokerages, confirming immunity from seller-filed commission lawsuits despite objections from some other plaintiffs. Judge Stephen R. Bough of the Western District of Missouri oversaw a final “fairness hearing” for the agreements struck by Compass, The Real Brokerage, Realty…

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Judge Dismisses Two Claims Against CoStar in Realtor.com ‘Data-Theft’ Case

USA Real Estate News-RISMedia - Thu, 2024-10-31 12:19

In a court ruling October 28, California District Judge George H. Wu partially granted CoStar Group’s motion to dismiss claims in the lawsuit filed by Move, Inc., the parent company of rival Realtor.com®, throwing out (at least for now) two accusations related to computer crimes. Wu granted Move “leave to amend,” setting a deadline of…

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Thoughts on Leadership: Lessons From the Dinosaurs

USA Real Estate News-RISMedia - Thu, 2024-10-31 12:14

As a lifelong fan of dinosaurs, especially the mighty T-Rex, I thought it would be fun to share some fascinating facts about these incredible creatures. What’s more, there’s a surprising number of lessons we, as modern humans—and leaders—can take from these ancient rulers of the Earth. The era of dinosaurs: 165 million years of dominance…

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KW relaunches BOLD coaching program amid changing times

USA Real Estate News-Inman - Thu, 2024-10-31 12:03
Onward BOLD gives Keller Williams agents access to lead generation resources, among many other things. The program is relaunching amid a period of upheaval for the real estate industry.

4 Key Strategies to Get Homes Sold Faster and for Top Dollar

USA Real Estate News-RISMedia - Thu, 2024-10-31 11:56

As a REALTOR®, it is known that there are different strategies for different market conditions. Homesellers these days face challenges in the current market they may not have just a few years ago. Here are four strategies to suggest they employ to get client properties sold quickly and for the prices they desire. Have a…

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Realty One Group Opens in Uruguay

USA Real Estate News-RISMedia - Thu, 2024-10-31 11:47

Realty ONE Group International has announced the company is opening business in Uruguay, the 22nd country to join the global franchise.  Eugenia Aiello, who has 26 year’s experience as an independent broker, became the international regional owner of Realty ONE Group Argentina last year and is now partnering with fellow industry veteran Hernan Bach to…

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A year after the Sitzer verdict, here are my top 5 takeaways

USA Real Estate News-Inman - Thu, 2024-10-31 11:47
As she reflects on the historic decision and the current state of the industry, broker Cara Ameer offers thoughts on how far we've come and where we still need to go.

Mortgage Rates Increase for the Fifth Consecutive Week, Reaching 3-Month High

USA Real Estate News-RISMedia - Thu, 2024-10-31 11:34

Reaching a three-month high and their fifth-consecutive week of increases, the average 30-year fixed rate mortgage climbed to 6.72%, up from last week’s average of 6.54%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. “Increasing for the fifth consecutive week, mortgage rates reached their highest level since the beginning…

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