Sellers

So long, 6% commission.For decades, real estate commissions have been somewhat standardized, with most home sellers paying 5% to 6% commission to cover both the listing agent and the buyer’s agent. On Friday, everything changed.A landmark agreement from the National Assn. of Realtors paved the way for a new set of rules that will likely shake up the entire industry, affecting sellers, buyers and the agents tasked with pushing deals across the finish line.The most pivotal rule change pertains to how buyers’ agents are…

Ingrid Lunden / TechCrunch: Thrasio, which raised $3B+ in equity and debt to acquire third-party Amazon sellers, files for Chapter 11 bankruptcy and secures $90M in emergency funding — Thrasio, the U.S. start-up that raised billions of dollars and popularized the concept of e-commerce aggregation … Ingrid Lunden / TechCrunch: Thrasio, which raised $3B+ in equity and debt to acquire third-party Amazon sellers, files for Chapter 11 bankruptcy and secures $90M in emergency funding …

Some wholesalers and retailers of liquor and non-alcoholic beverages have decried low level of patronage of their products amidst soaring costs, following price increment by bottling companies across the country. The vendors, in separate interviews with the News Agency of Nigeria (NAN) in Lagos on Saturday, said there had been a 100 per cent price increase when compared with same period in 2023. Already, notification of upward price review have been issued by the bottling companies. NAN reports that a 50cl pet…

Apple Vision Pro might only officially be available in the U.S., but that hasn’t stopped some savvy early adopters from exporting the device for sale as far afield as China, Japan, and Singapore with prices almost double Vision Pro’s RRP. Apple Vision Pro launched on February 2 and has taken the internet by storm in the short time it's been available. While most Apple Vision Pro buyers are U.S.-based, and Apple has put in strong measures to deter customers from importing Apple Vision Pro, several have still made their…

Sellers in metro Denver rose from their slumber last month, putting more new listings on the market and setting the stage for a larger number of home closings this month and next, according to a monthly update from the Denver Metro Association of Realtors. New listings, which have been restrained since interest rates started rising from historic lows in 2022, jumped 90% between December and January to 3,280 and are up 14.7% from a year ago. Big jumps in listings between December and January, however, are common, and back…

Denver area realtors anticipate interest rates will continue to drive the housing market in 2024. But after a year when high rates stymied sales, they hope interest rates start dropping. “I’m 100% certain rates will be lower,” said Delroy Gill with LIV Sotheby’s. “The sweet spot will be 6% or lower.” Lower interest rates may convince more people to put their houses up for sale and may encourage some potential buyers to rejoin the fray. “A little decrease in rates will bring buyers off the sidelines,” said Lauren Cotlar…

Around 75,000 sellers achieved double-digit growth while over 20,000 sellers witnessed a 10-time jump in their business on Softbank-backed ecommerce firm Meesho, the company said on Sunday. Meesho reported a profit this year and claims to have maintained the profitability since it first reported the performance in July. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Senior Management ProgrammeVisitIndian School of BusinessISB Professional Certificate in Product…

E-commerce platform Meesho on Friday said it has onboarded more than 25,000 non-GST businesses in two months. With an eye on 15-20 million non-GST registered sellers, the SoftBank-backed platform opened up its platform to onboard such businesses on October 1. The GST Council in July exempted small businesses making intra-state supplies through e-commerce platforms from taking GST registration if their turnover is below Rs 40 lakh in case of goods and Rs 20 lakh in case of services. Elevate Your Tech Prowess with…

High interest rates continue to depress Colorado’s real estate market. According to the October Market Trends Housing Report from the Colorado Association of Realtors, the number of homes available last month dropped about 13% while sales fell nearly 15%. “Combined with a scarcity of homes for sale in the most affordable price ranges, the market segments with the most activity are in the $600s and up — driving median price incrementally higher from October of last year,” said Fort Collins-area realtor Chris Hardy. In…

Listen to article(2 minutes)When Joan Dangerfield, wife of the late comedian Rodney Dangerfield, first walked into her Los Angeles home in the early 2000s, she knew immediately that she would buy it. The Art Deco-style estate, perched in the coveted Bird Streets above L.A.’s Sunset Strip, had dramatic views spanning Downtown Los Angeles to the ocean and Catalina Island. Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to article(2 minutes)When Joan Dangerfield,…