Housing Wire

APRIL 15, 2024

Fannie Mae and Freddie Mac will not count buyer’s agent commissions as part of their allowable interested party contributions (IPCs), according to announcements from the government-sponsored enterprises (GSEs) on Monday. That remains an open question at this time.”

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Agents Seller concession VA loan Finance 530

Housing Wire

JANUARY 10, 2024

Most agents seldom sell homes, according to a new study published by the Consumer Federation of America last week. The study, CFA’s third of three on this topic, suggests that a significant portion of agents in the U.S. sell at most five homes in a year. On this, NAR has previously reached the same conclusion.

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Housing Wire

MAY 1, 2024

The simple answer is that Zillow is wholly focused on solving real consumer problems with software. Those who have followed us for a long time know how aggressive and innovative we have been, methodically converting our sticky audience into revenue. million real estate license holders, many handle only one or two transactions a year.

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Industrial Technology Agents Finance 440

Housing Wire

MARCH 20, 2024

Like with most things in life, real estate brokerages come in a variety of shapes and size, from white-glove service firms to discount brokerages to flat-fee firms that offer al a carte services. Fewer agents? Obviously, RE/MAX comes to mind as it has a large franchise model that is tied to agent count,” Tomasello said. “If

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Brokerage Agents Industrial As-is 450

Housing Wire

APRIL 24, 2024

Photo credit: AJ Canaria Hilary Saunders , the co-founder and chief broker officer at Side , sees the current challenges facing the real estate industry as yet another opportunity for brokerage models to further evolve. “I Hilary Saunders speaks at The Gathering by HousingWire on Monday, April 22.

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Housing Wire

MARCH 21, 2024

Sarah Wheeler: Let’s talk about your background, because you have both technology and real estate experience. I have founded several startups, but my previous startup in Canada was a tech company in real estate. We were kind of the Zillow of Canada — we were the first platform to open up access to real estate data.

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Technology Brokerage Agents As-is 450

Housing Wire

MARCH 12, 2024

million Hispanic households own their home, the National Association of Hispanic Real Estate Professionals ( NAHREP ) said in its 2023 State of Hispanic Homeownership Report released on Tuesday. Despite elevated interest rates and tight inventory, the national Hispanic homeownership rate reached 49.5% In total, more than 9.5

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FHA loan Loans Finance Lending 458

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Industrial 504

Industrial Seller concession Purchase and sale agreement Agents 504

Housing Wire

MARCH 13, 2024

Artificial intelligence (AI) tools equip real estate agents with unprecedented capabilities. Since real estate tech changes by the hour these days, we did a deep dive into the most helpful AI tools for real estate agents on the market today. Visit Top Producer 2.

Agents 421

Agents Staging Commercial Technology 421

Housing Wire

APRIL 3, 2024

Real estate listing giants Zillow and CoStar are currently embattled in a fight for listing portal supremacy. The battle began heating up in September 2023 when CoStar’s residential real estate platform Homes.com surpassed 100 million unique monthly visitors, becoming the second most popular listing portal behind Zillow.

MLS 458

MLS Residential Agents Industrial 458

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

Industrial 421

Industrial MLS FHA loan Agents 421

Housing Wire

APRIL 24, 2024

The Gibson suit was filed in late October 2023 by Michael Ketchmark, just after a Missouri jury ruled in favor of his clients in the Sitzer/Burnett suit that found real estate industry players liable for colluding to artificially inflate agent commissions.

Brokerage 420

Brokerage Industrial As-is Agents 420

Housing Wire

MARCH 15, 2024

While many in the real estate industry were surprised by the news Friday morning that the National Association of Realtors had agreed to a nationwide settlement of the commission lawsuits for $418 million, Marty Green, a principal at law firm Polunsky Beitel Green , was not one of them. It is going to be an absolute mess.”

Industrial 450

Industrial MLS Brokerage Agents 450

Housing Wire

MARCH 22, 2024

I’m sharing a transformative announcement with you today, one that marks a new era for RealTrends and propels forward the vision of bringing transparency to what it means to be a top-performing real estate brokerage, team or agent. In real estate and data alike, clarity and trust are paramount.

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Brokerage Branding Agents As-is 421

Housing Wire

FEBRUARY 9, 2024

The Super Bowl is a deep part of American culture and it grabs a disproportionate share of everyone’s mind,” Andy Florance , the CEO of CoStar Group, said. “So, When it came time to select talent for the ads, Florance said Levy and Gardner, who starred and co-wrote in Saturday Night Live’s Zillow skit in February 2021, were no-brainers.

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Commercial Marketing Residential Branding 450

Housing Wire

APRIL 4, 2024

Jutla notes that while Redfin no longer requires its agents to be members of NAR or local Realtor associations, all of the agents she worked with during her transactions were NAR members. She used Redfin agents for both listing and buying purposes.

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Purchase and sale agreement HR Agents MLS 445

Housing Wire

MARCH 20, 2024

Friday’s bombshell – the National Association of Realtors ‘ proposed $418 million settlement of real estate commission lawsuits – set off a frenzy of trading for stocks in the residential real estate sector. That revenue concentration seems to be what had investors heading for the exits on Friday.

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Investor Residential Agents MLS 458

Housing Wire

JANUARY 23, 2024

Mauricio Umansky, founder of The Agency and star of Buying Beverly Hills, and Compass agent and NAR Accountability Project founder Jason Haber are making good on a promise to explore a real estate professional trade organization alternative to the National Association of Realtors.

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Agents Industrial Brokerage Investor 441

Housing Wire

MARCH 21, 2024

We’ve been scenario planning for quite some time, and it was not a scenario we have not already planned for,” said Art Carter, CEO of the California Regional MLS (CRMLS). “On On a couple of our webinars, we said that we expected it to happen by the end of the summer, so the timing wasn’t really a surprise either.”

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MLS Agents Industrial Brokerage 431

Housing Wire

MARCH 22, 2024

As part of the settlement, Compass has agreed pay $57.5 Additionally, like the three other brokerage firms that have already settled, Compass has agreed to make changes to its business practices as part of the settlement. million into the settlement fund, adding to the $626.5 million total from the four other settlements.

Brokerage 458

Brokerage Agents Development As-is 458

Housing Wire

OCTOBER 16, 2023

Alex Elezaj: It’s only a matter of time before rates drop, and when they do, there will be a clear difference between those who have been preparing and those who have not. The winners have spent 2023 focused on strengthening relationships with real estate agents , educating borrowers and improving their marketing strategies.

Marketing 421

Marketing Loans Mortgages Agents 421

Housing Wire

JANUARY 31, 2024

Data from the American Land Title Association’s (ALTA) Title & Settlement Agent Registry (ALTA Registry) will be integrated with the platform of closing software provider Qualia , according to an announcement on Wednesday. The registry is free and ALTA membership is not required to be part of it.

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Title Land Industrial Agents 410

Housing Wire

JULY 12, 2023

You know what loan officers and real estate agents love almost as much as cashing a commission check? Complaining about other loan officers and real estate agents. It shouldn’t surprise you that a sizable percentage of newer LOs and real estate agents are washing out in the current market.

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Agents Loan Officer Loans Industrial 370

Housing Wire

APRIL 15, 2024

REcolorado has strategically boosted that value with a focus on building a trusted, cooperative, and comprehensive real estate marketplace to position customers for success. HousingWire: REcolorado does not just serve Colorado real estate professionals you consider yourselves their business partner.

MLS 421

MLS Industrial Title Agents 421

Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Snatching up first-time homebuyers is akin to striking gold — since developing a relationship with them can mean a loyal client for life.

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Branding Design Agents Marketing 410

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. Of the 136 respondents, 96 were part of a national brand, and 40 of them were part of an independent firm.

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Agents Sales Branding Development 431

Housing Wire

AUGUST 30, 2023

A couple of weeks ago, mortgage rates soared to a new 2023 high, reaching over 7% on a 30-year fixed-rate loan for the first time since November 2022. Yet higher mortgage rates aren’t all bad news for savvy real estate agents. Many real estate agents may shy away from working with landlords and renters.

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Mortgages Agents Sales Loans 421

Housing Wire

MARCH 13, 2024

Real estate is a vibrant, dynamic and competitive industry. As a way to deal with this, many agents and brokers seek out professional mentorship as a means to gain insight and level up their performance. A quick internet search will prove that real estate coaching programs are plentiful. Ventures. “So

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Agents Branding Industrial As-is 432

Housing Wire

DECEMBER 7, 2023

Many Massachusetts real estate schools offer online courses. After completing an approved course of study, you’ll be able to sit the state real estate exam. Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.

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HR Pre-approval Brokerage Commercial 409

Housing Wire

APRIL 4, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with Sheila Reddy, CEO at Mosaik, to talk about how the company is leveraging their experience building technology solutions for healthcare to benefit real estate agents and homebuyers. This interview has been edited for length and clarity.

Technology 421

Technology MLS Agents Design 421

Housing Wire

AUGUST 30, 2023

In the competitive world of real estate recruitment, brokerages fight for the attention and loyalty of talented agents who can drive their success. As the lifeblood of the industry, agents play an important role in attracting clients, closing deals and determining the ultimate profitability of a brokerage.

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Brokerage Branding Agents Closing 370

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Agents 421

Agents Pre-approval Brokerage Pre-qualification 421

Housing Wire

AUGUST 3, 2023

Kofi Nartey, a top real estate broker with a client list of celebrities and prominent athletes, has joined The Real Brokerage as a national growth leader. In his new position, he will help build visibility for the brand, attract more agents as well as drive agent’s performance through coaching and development. “I

Brokerage 370

Brokerage Development Agents Industrial 370

Housing Wire

SEPTEMBER 12, 2023

FACT : When you look at that amazing new listing that just hit the market and you see the listing agent and ask, “How did that agent get that listing?!” It is almost always because the seller already knew the agent! GOAL: Be that agent who the seller already knows and gets that listing. Who goes into your database?

Agents 397

Agents As-is Mortgages Marketing 397

Housing Wire

JANUARY 11, 2024

Although what lies ahead in the world of real estate and mortgage services in 2024 remains a bit uncertain, it’s now crystal clear that, beyond the already-tired suggestion that we “survive until ’25,” quite a few businesses will be seeking to find additional sources of revenue. Here’s why.

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Title Brokerage Construction Closing 441

Housing Wire

FEBRUARY 29, 2024

The second most important thing is the relevancy to the time that the message is sent. DS: So first, as a brand, we create content for agents that’s designed to go to people they know, typically past clients and sphere. And this content is not typically about real estate. Agents have a lot of technology today.

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Branding Technology Agents As-is 421

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. It has been cool to hear that.

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Agents Industrial Closing costs As-is 432