Housing Wire

APRIL 16, 2024

The second Batton suit was filed in November 2023, just days after the jury verdict in the Sitzer/Burnett suit was announced, and the defendants include Compass , eXp World Holdings , Redfin , Weichert Realtors, United Real Estate , Howard Hanna and Douglas Elliman.

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Principal As-is 347

Housing Wire

FEBRUARY 1, 2024

NAR has, in fact, set commissions in the past. In 1983, the Federal Trade Commission published a study titled “The Residential Real Estate Brokerage Industry,” which detailed NAR’s historic use of fee schedules and highlighted that, prior to 1950, it was against the trade group’s code of ethics to charge less than a standard commission rate.

Title 408

Title Residential Brokerage Agents 408

Housing Wire

APRIL 23, 2024

Real estate coach Tom Ferry is launching a new artificial intelligence (AI)-powered chatbot that is specifically designed for real estate professionals. The most important thing is for real estate agents to provide value and demonstrate it at scale,” Ferry said in a statement.

Agents 290

Agents Design Industrial As-is 290

Housing Wire

APRIL 24, 2024

involve common questions of law and fact, consolidation will conserve judicial resources and promote efficiency, and consolidation will not cause undue delay, confusion, or prejudice,” Bough wrote in his ruling. “The Court finds that consolidation is appropriate given that the instant case and Gibson, et al.

Brokerage 261

Brokerage Industrial As-is Agents 261

Housing Wire

JANUARY 24, 2024

Review the pertinent facts that can affect the price How long has the listing been on the market? Educate your buyer clients on market and listing facts Meet your buyer in person and educate them on the facts based on your previous two steps. Do you still want to come in that low based on these facts, or should we reconsider?

Agents 422

Agents Sales Lending Marketing 422

Housing Wire

NOVEMBER 14, 2023

Image Analytics CoreLogic’s Image Analytics feature leverages advanced computer vision technology to analyze and extract valuable insights from images related to real estate properties. 2 Image Analytics reduces as much as 20-45 minutes review time per appraisal report. #3

Technology 377

Technology As-is 377

Housing Wire

NOVEMBER 9, 2023

“We’ve definitely seen a movement in the last few years to be more ‘end-consumer friendly’ if you will — making sure that they are protected, not only in knowing their rights, but that they are protected from all the cost that is associated with the real estate transaction,” Braga said.

Purchase and sale agreement 355

Purchase and sale agreement Title Agents Equity 355

Housing Wire

JANUARY 4, 2024

After a 2023 of real estate brokers saying they feel “neutral” or “pessimistic” about the housing market, some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey are optimistic that the next three months will be positive. ” The value education was mentioned across the board.

Brokerage 383

Brokerage Agents Sales Industrial 383

Housing Wire

MARCH 6, 2024

It is a myth that you have to be a people person to be successful in real estate, or that you’ve got to be outgoing, gregarious, and socially confident to be great sales. This way you’ll navigate more easily in the fast-paced, often aggressive, and competitive world of real estate. Know your material cold.

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Agents As-is Sales Marketing 399

Housing Wire

FEBRUARY 27, 2024

Like the other commission lawsuits, the Umpa suit alleges that the National Association of Realtors (NAR) and more than a dozen other real estate industry firms have colluded to artificially inflate agent commissions. United Real Estate also filed a motion to dismiss the suit for failure to state a claim.

Brokerage 372

Brokerage Principal MLS Industrial 372

Housing Wire

APRIL 12, 2024

In their motion, the plaintiffs argued that the nine suits are ripe for consolidation and transfer because they most of their defendants overlap, involve many of the same questions of fact and that the suits are all in their “infancy,” as all were filed between Oct. 31, 2023, and Dec.

Industrial 337

Industrial Agents As-is Finance 337

Housing Wire

OCTOBER 20, 2023

No seller must use a real estate agent to sell a home — ever. In fact, considering inter-family and estate transfers as well as for-sale-by-owners, as many as 20% of all transactions may not include the use of an agent. No buyer must use a real estate agent — ever. Certainly, there are some that don’t.

MLS 420

MLS Brokerage Agents Industrial 420

Housing Wire

NOVEMBER 7, 2023

It’s a fact: Buyer-side commissions are no longer a guarantee and no longer an entitlement. Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets.

Loan Officer 381

Loan Officer New Construction MLS Inspection 381

Housing Wire

MARCH 11, 2024

Peak 65 serves as an historic demographic milestone of the new paradigm shift that is changing every aspect of the housing market , finance, retirement planning process and the fragile supply/demand balance of housing inventory for real estate at large. We are living in a watershed moment in history. Nothing is as it was.

Staging 372

Staging Finance As-is Closing 372

Housing Wire

SEPTEMBER 28, 2023

After nearly 10 days of trial proceedings, Zillow is ready for its years-long legal battle with REX Real Estate to be over. On Wednesday, just nine days after the long-awaited trial’s September 18 start date, the real estate behemoth file a motion for judgment as a matter of law in the U.S.

MLS 388

MLS Commercial Brokerage Design 388

Housing Wire

OCTOBER 25, 2023

Florida -based Keyes Company , an independent real estate brokerage , partnered with housing data aggregator BHR , the company announced Tuesday. They are an incredibly advanced real estate tool and one of the first AI-powered products we believe will 10x our agents’ business.” 38 with 12,458 transactions and $7.5

Brokerage 333

Brokerage Agents Industrial Closing 333

Housing Wire

NOVEMBER 14, 2023

Altos Reports Altos Reports help real estate professionals generate new leads, close more business, and stay one step ahead of the market. Product Fast Facts #1 Altos offers real-time market insights for any area in the country, delivered via beautifully designed, interactive market reports that are custom-branded for your business. #2

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Branding Design Industrial Closing 275

Housing Wire

MARCH 18, 2024

In addition to the timeline, industry leaders like Ryan O’Neill — who leads the RE/MAX Advantage Plus -brokered Minnesota Real Estate Team — say they are dealing with agents who are frustrated by the lack of guidance from industry trade groups on what the settlement really means. “I More off-MLS listings?

Industrial 400

Industrial Brokerage MLS Agents 400

Housing Wire

JANUARY 17, 2024

For real estate professionals, this option presents an opportunity to capture more sales. But unlike financing with a traditional mortgage, monthly principal and interest payments are not required on the loan, so long as the homeowner keeps up to date with real estate taxes, homeowners’ insurance and property maintenance.

Finance 432

Finance Seller concession Loan Officer Loans 432

Housing Wire

FEBRUARY 15, 2023

Altos Research Altos Research is the premier resource for real-time real estate data, providing weekly market statistics, analysis and reporting for 99% of the zip codes in the U.S., helping real estate professionals, investors, financial institutions, and their clients make better-informed decisions.

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Investor Design Industrial Marketing 330

Housing Wire

APRIL 11, 2024

There is power in steady, unchanging predictability, both in life and in real estate. The industry is also contending with commission lawsuits and what this will mean for real estate long term. But he is also quick to state that one of the other six human needs is, in fact, certainty. Predictability IS certainty.

Agents 302

Agents As-is Marketing Industrial 302

Housing Wire

MARCH 27, 2024

Herron Real Estate exploded from two listings in 2019 to 417 in 2023; Momentum Realty grew from 12 listings to 612 over the same period. In fact, DR Horton alone was responsible for almost 5% of all of Jacksonville’s MLS listings in 2020, 2021 and 2022.

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Brokerage Construction MLS Land 400

Housing Wire

MARCH 27, 2024

These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” And before getting my real estate license in 2009, I had the same opinion, too. The National Association of Realtors has provided these facts: 86% of buyers purchased their home through a real estate agent or broker.

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Purchase and sale agreement Agents MLS Brokerage 286

Housing Wire

NOVEMBER 8, 2023

The Missouri judge who oversaw the landmark Sitzer/Burnett real estate commission lawsuit will also preside over the Gibson lawsuit brought by Michael Ketchmark, who represented the plaintiffs in Sitzer/Burnett. We’re extremely focused on making sure any change that comes from this is real change.” Accepted by the court on Oct.

Brokerage 406

Brokerage MLS Industrial Agents 406

Housing Wire

DECEMBER 8, 2023

How do you articulate the value you bring when representing a homebuyer in a real estate transaction? In fact, you will become known as a true professional and receive repeat and referral business as a result of doing the best job possible for your clients. Tim and Julie Harris host a podcast for real estate professionals.

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Proof of funds Inspection contingency Inspection MLS 399

Housing Wire

AUGUST 21, 2023

Just days after awarding Zillow and National Association of Realtors (NAR) a major victory in their legal battle against REX Real Estate , the court made it clear that Zillow’s fight is far from over. A federal court judge concluded on Friday that in regard to REX’s false advertising claims against Zillow, the firm has proven “falsity.”

MLS 352

MLS Agents Brokerage Sales 352

Housing Wire

FEBRUARY 14, 2024

Working in real estate sales for a few years, and now you want to challenge yourself and raise the stakes? You might be ready to take on the luxury real estate market! I’ll show you what it takes to succeed as a luxury real estate agent in any market. Kayla Lee of SERHANT. Visit Agent Image 3.

Agents 386

Agents Branding Design Development 386

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.

Agents 351

Agents Sales Branding Development 351

Housing Wire

SEPTEMBER 18, 2023

Yet another national real estate brokerage firm has reached a settlement agreement in two of the major class action antitrust lawsuits facing the real estate industry. RE/MAX’s settlement agreements, as well as the earlier settlement agreements reached by Anywhere Real Estate , must be approved by the U.S.

MLS 483

MLS Branding Agents Brokerage 483

Housing Wire

APRIL 2, 2024

Agents are the lifeblood of real estate brokerages. While real estate brokerages have no control over interest rates, transaction levels or home sales prices, they realize that proactive recruiting of agents is a key to success in a slow market. Data certainly abounds in real estate.

Agents 308

Agents Brokerage MLS Technology 308

Housing Wire

JANUARY 8, 2024

31, 2023, when a Missouri jury found the National Association of Realtors , HomeServices of America , and Keller Williams liable for colluding to artificially inflate real estate agent commissions, to prepare and file these motions. The parties had since Oct. HomeServices of America filed three post-trial motions Monday evening.

Industrial 336

Industrial As-is Agents Finance 336

Housing Wire

JANUARY 10, 2024

It relies on examinations of agents’ sales for five major real estate firms in each of four geographic areas; out of a sample of 2,000 agents, 100 were selected randomly from each firm in each area. To Brobeck, the fact that so many agents rely on residential sales for occasional, marginal or supplemental income is a problem.

Agents 417

Agents Sales Residential Commercial 417

Housing Wire

JANUARY 12, 2024

The lock-in effect is still real but listings are starting to tick up Declining mortgage rates appear to have helped the inventory situation somewhat. They’re also coming to terms with the fact that rates aren’t going back down to 3% any time soon, which makes it easier to pull the trigger on selling.

Fixed-rate mortgage 462

Fixed-rate mortgage Mortgages Equity Finance 462

Housing Wire

NOVEMBER 15, 2021

In fact, news that Rocket would be pushing into iBuying was barely a footnote in the August press release. In fact, Rocket has no interest in buying homes at all. When Rocket Companies announced in August that it would be dipping its toes in the iBuying space, the lender didn’t do so with its usual panache.

Commercial 405

Commercial Mortgages Industrial Agents 405

Housing Wire

MAY 3, 2023

Stavvy , a fintech company specializing in digital and remote collaboration for lending and real estate companies, announced on Wednesday a new partnership with WFG National Title Insurance Company (WFG) to provide the company and its customers with eClosing technology solutions.

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Title Lending Technology Commercial 342

Housing Wire

AUGUST 30, 2023

“The small gain in contract signings shows the potential for further increases in light of the fact that many people have lost out on multiple home buying offers,” said NAR Chief Economist Lawrence Yun. interestingly fell, even though these two regions recently boasted more robust real estate activity and stronger pricing.

Sales 406

Sales MLS Mortgages As-is 406

Housing Wire

OCTOBER 27, 2023

Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules. That requires real estate professionals to cooperate with each other by sharing pertinent information with competitors regarding the home and about the terms of a potential transaction.

MLS 457

MLS Brokerage Agents Closing costs 457