Housing Wire

MAY 2, 2024

Things just keep getting better, according to real estate brokers surveyed for the Q2 2024 HousingWire BrokerPulse survey , with 54% who are “optimistic” about the next three months in residential brokerage, compared to some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey who felt the same.

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Housing Wire

APRIL 24, 2024

While the real estate industry is forever in flux, one constant is that it’s a relationship business. It’s Social Connect feature will load your CRM with affordable leads using their done-for-you social media ads. Vetted by HousingWire | Our editors independently review the products we recommend.

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MLS Branding Land Agents 374

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.

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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. Zillow declined to comment on recent stock price movements.

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Housing Wire

FEBRUARY 27, 2024

If you’re an agent, team or brokerage looking to keep a pipeline of qualified listing leads coming your way, SmartZip may the solution you need. SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market. Let’s learn how.

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Branding Land Brokerage Agents 392

Boom Town

JANUARY 10, 2020

Successful real estate vets tend to work off of mostly referral business. To successfully transition your buyers into seller leads and repeat clients, you need to play the long game. Think of it as the ability to transition first-time clients into repeat real estate customers. What is the long game exactly?

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Housing Wire

MARCH 4, 2024

At HousingWire , we have a debate about whether home sellers will freeze up again this year as mortgage rates stay stubbornly high. We’ve had seller growth for 18 weeks in a row. More sellers means more sales. Will sellers retreat entirely, like they did last year? But will rates deter sellers also?

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Housing Wire

OCTOBER 26, 2023

Real estate conglomerate Anywhere is teaming up with Offerpad to expand the iBuyer ‘s services nationwide, according to an announcement on Thursday. ” Through the partnership, agents and brokers in the Leads Network will be connected with Offerpad customers who are outside of the iBuyer’s current markets.

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Housing Wire

MARCH 18, 2024

Roomvu , a Canadian-based video marketing platform for residential real estate agents, is partnering with Leading Real Estate Companies of the World (LeadingRE) and Realty One to mark Roomvu’s expansion into the U.S. Our expansion into the U.S. expansion comes after Roomvu’s successful launch in Canada in 2022.

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Housing Wire

MARCH 15, 2024

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. You should be finding buyers before real estate agents anyway.” Having to be somebody’s confidant and advisor on the real estate part would be “tough.”

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Industrial Seller concession Purchase and sale agreement Agents 504

Housing Wire

MAY 1, 2024

Less than a week after HomeServices of America settled the home seller commission lawsuits for $250 million , the firm again finds itself in the crosshairs of antitrust litigation. from Korein Tillery LLC in Chicago, who is one of the lead attorneys on the Batton homebuyer commission lawsuits. 1, 1996, and the present. “

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Housing Wire

FEBRUARY 16, 2024

A second home seller in Nevada has filed a lawsuit alleging that real estate industry players in the state have colluded to artificially inflate real estate agent commissions. District Court in Las Vegas by Nevada home seller Angela Boykin. The copycat commission lawsuit was filed on Friday in U.S.

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Housing Wire

NOVEMBER 2, 2023

Real estate agents are always looking for vetted, high-quality leads — and especially so during 2023 market conditions. One of the most efficient ways to acquire leads is to buy them through lead generation providers.

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Agents Branding Brokerage Marketing 385

Housing Wire

JANUARY 5, 2024

Few things affect the real estate market more than the rise and fall of interest rates , which has a ripple effect that directly influences everything from buyer behavior to market trends. How interest rates impact your clients Let’s look at how interest rates can impact buyers, sellers or homeowners looking to refinance.

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Housing Wire

JANUARY 18, 2024

The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate industry of colluding to artificially inflate real estate agent commissions. Patrick Thurber, a California home seller, is an additional named plaintiff in the suit. Westside MLS.

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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. Extending a broad (but strategic) net is part of knowing how to generate buyer leads in real estate. Of course, you can’t do everything — but consistency is important.

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Housing Wire

JANUARY 11, 2024

The Real Estate Board of New York is now fighting a second copycat commission lawsuit. In addition to REBNY and Douglas Elliman, the complaint names Christie’s International Real Estate , Brown Harris Stevens , SERHANT. Instead, if a seller wishes to compensate the buyer’s agent, they must pay the agent themselves.

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Housing Wire

NOVEMBER 27, 2023

On Wednesday, home seller plaintiffs in northern Georgia filed a class-action antitrust lawsuit accusing real estate industry players of colluding to artificially inflate real estate agent commissions. This system, with its veiled surcharges, illegally warps the real estate market.”

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MLS Brokerage Agents Sales 448

Housing Wire

MARCH 20, 2024

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. The unintended consequences of eliminating buyer agency 1.

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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. The Umpa suit was filed in late December 2023 by a Maryland home seller.

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Housing Wire

NOVEMBER 1, 2023

Just hours after securing a victory for his home seller clients in the landmark Sitzer/Burnett commission lawsuit, Michael Ketchmark, the lead attorney for the plaintiffs, filed another class action antitrust lawsuit against some of the real estate industry’s biggest players, in U.S. District Court for Western Missouri.

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Housing Wire

FEBRUARY 21, 2024

The residential brokerage was dismissed this week from one of the early real estate commission lawsuits , known as “Batton 1” after its lead plaintiff, a homebuyer named Mya Batton. Wood wrote on Tuesday that home sellers were “better suited to seek injunctive relief.” Judge Andrea Wood of the U.S.

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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. According to Barton, the “substance of the settlement” is a “very reasonable middle path forward for the industry, where commissions are communicated between sellers and buyers and both parties are better educated.” he posited.

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Industrial Technology Agents Finance 372

Housing Wire

FEBRUARY 23, 2024

Technology is at the core of everyday real estate operations. Real estate professionals handle a plethora of personal data from buyers and sellers, making them enticing targets for cyber threats. Many personal dreams and aspirations take shape in our industry, so safeguarding information is essential.

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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 301

Housing Wire

MARCH 22, 2024

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement. As of Jan.

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MLS Agents Design As-is 477

Housing Wire

JANUARY 23, 2024

Real estate marketplace Xome appointed Michael Jansta to the position of chief operating officer, the company announced Monday. As a seasoned real estate professional, Jansta brings with him his proven track record of innovation and brand expansion, Xome said in a statement on Linkedin.

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Housing Wire

APRIL 26, 2024

FHA will move forward with its proposal that permits contributions by the property seller, real estate agent, builder, or developer to HECM for Purchase borrowers’ closing costs,” the update said. These credits can lead to fair lending violations.

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Closing costs Development Equity Mortgages 447

Housing Wire

MARCH 14, 2024

Like the Department of Justice , the Federal Reserve has decided to weigh in on the real estate agent commission debate. Together, the two distortions may lead to elevated home prices, overused agent services, and prolonged home searches.” They noted that in the Houston metro area, between 1997 and 2019, 2.58 needs to change.

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Agents Banks Sales Technology 392

Housing Wire

DECEMBER 1, 2023

In the face of a copycat commission lawsuit , the Real Estate Board of New York has vowed to fight. In an email blast sent to REBNY members, the New York City real estate agent trade group said it would “vigorously defend the litigation.” It is not required for a seller to compensate a buyer’s agent.

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Brokerage Agents Industrial As-is 381

Housing Wire

OCTOBER 31, 2023

billion in damages, many questions still remain about what this means for the real estate industry, as the defendants still await Judge Stephen Bough’s final judgment. It is a situation where buyers need to pay their own agents and sellers have to pay their agent separately?”

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Industrial Design Agents Brokerage 471

Housing Wire

NOVEMBER 8, 2023

Another day and another class-action antitrust commission lawsuit accusing the real estate industry of colluding to inflate real estate agent commissions has been filed. But this latest one comes with a twist — it was filed by homebuyers, unlike the others filed by home sellers.

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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.

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Housing Wire

JANUARY 2, 2024

For many real estate professionals, 2023 was the year of the commission lawsuit , and the year could not end without one last copycat suit. Sellers can sell their home for more and have their home seen by more buyers while buyers have more choices of homes and can afford representation.

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Housing Wire

NOVEMBER 3, 2023

Anywhere Real Estate partnered with agent-client collaboration platform RealScout to allow the company’s affiliated real estate agents and franchise owners “to engage, nurture, and convert clients at each stage of the real estate journey,” according to an announcement on Friday. How does it work ?

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Staging Branding Residential Agents 388

Housing Wire

NOVEMBER 28, 2023

The Husky Homes real estate team, led by Alison Crim, has joined Compass , the company announced on Tuesday. The team specializes in buyer and seller representation as well as new construction. Compass launched operations in Wisconsin in 2021 and currently operates eight offices with 175 real estate agents.

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Housing Wire

MARCH 27, 2024

enjoyed an almost 1,000-listing lead over Keller Williams Jacksonville , its closest rival. Keller Williams Jacksonville, too, held a roughly 1,000-listing lead over the next company in line. In 2023, not only is Watson Realty’s lead gone, but the company has fallen to 3rd place in listings.

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