Housing Wire

JULY 21, 2023

The nation’s second largest multiple listing service , Bright MLS , will begin allowing listing agents to put in a blanket offer of compensation for buyer brokers of zero dollars or more, starting on August 9. While Bright MLS, which serves clients in Delaware, Pennsylvania, Maryland, Virginia, New Jersey, Washington, D.C.,

MLS 370

MLS Agents Brokerage As-is 370

Housing Wire

APRIL 17, 2024

The latest findings from Relitix’s Agent Movement Index (AMI) for March 2024 reveal a nuanced landscape in the real estate sector, with shifts in agent activities suggesting stabilizing and evolving market conditions. The index is calculated using national-level data from a large sample of the nation’s most prominent MLS systems.

Agents 344

Agents MLS Brokerage Industrial 344

Housing Wire

OCTOBER 27, 2023

In reality, consumers are better off and business competition thrives very much because of NAR’s rules and how well local Multiple Listing Service (MLS) broker marketplaces function. These local MLS broker marketplaces work in favor of consumers every day. Real estate agents know city and county property taxes.

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MLS Brokerage Agents Closing costs 459

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. NAR has also reached out to the U.S.

Agents 529

Agents Seller concession VA loan Finance 529

Housing Wire

FEBRUARY 21, 2024

With market uncertainty, real estate agents had been sticking with their current brokerage., According to Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as agents begin switching brokerages at a faster rate than 2023. but that’s all starting to change.

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Brokerage Agents MLS As-is 396

Housing Wire

DECEMBER 20, 2023

Real estate agents and brokers , are you relying solely on that buyer drip you set up for your motivated and qualified clients? It’s time to get more creative, aggressive and profitable with your MLS searches. 6 strategies to actively and creatively mine your MLS 1. Has the drip run dry?

MLS 360

MLS Pre-approval New Construction Construction 360

Housing Wire

FEBRUARY 22, 2024

Arizona Regional MLS and Wisconsin -based Metro MLS are looking to have the antitrust lawsuit filed against them by Zillow Group and ShowingTime dismissed. MLS Aligned is a joint venture set up among the MLS defendants and other unspecified MLSs.

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MLS Marketing As-is Finance 303

Housing Wire

MARCH 18, 2024

Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as real estate agents continue the trend of switching brokerages at a faster rate than 2023. Additionally, the drop in active agent count, representing those agents with a closing in the last 12 months, has been halted.

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Brokerage Agents MLS Closing 313

Housing Wire

JANUARY 16, 2024

After a multi-year decline in agent movement between brokerages , Relitix ’s Agent Movement Index shows a clear bottoming out in early fall of 2023 and increased real estate agent mobility as we move into 2024. “We We can definitely call a bottom to the decline in agent movement,” said Rob Keefe, Relitix founder and president.

Agents 397

Agents MLS Brokerage As-is 397

Housing Wire

NOVEMBER 27, 2023

Real estate agents are continuing to stay put, moving much less between brokerages than the post- pandemic peak seen in the summer of 2021, according to the latest Relitix Agent Movement Index. representing a decline in annualized movement of agents of over 18%. The most recent trailing 12-month value shows a new low of 89.4,

Agents 353

Agents MLS Brokerage As-is 353

Housing Wire

JANUARY 5, 2024

Real estate industry veteran Saul Klein is taking over as the CEO and director of SDAR’s wholly-owned San Diego MLS , according to an announcement on Tuesday. “I In July, Mike Mercurio , SDMLS’ longtime CEO left the MLS amid a cloud of alleged inappropriate financial behavior.

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MLS Technology Banks Residential 332

Housing Wire

SEPTEMBER 12, 2023

District Court judge Patti Saris granted preliminary approval of MLS Property Information Network’s (MLS PIN) settlement agreement in the class action buyer-broker commission antitrust lawsuit. MLS PIN, which is New England’s largest multiple listing service (MLS), filed the settlement agreement in late June.

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MLS As-is Finance Brokerage 351

Housing Wire

APRIL 11, 2024

As the real estate industry undergoes a significant shift in its commission structure, a recent Redfin survey reveals a lack of knowledge among homebuyers regarding their agents’ compensation. According to the findings, a significant portion of recent homebuyers remain in the dark about crucial aspects of agent payments.

Agents 357

Agents MLS Industrial As-is 357

Housing Wire

JANUARY 26, 2024

It devolved into a battle about historic facts, old-school MLS listing books, pronunciation corrections and even references to the kid-friendly restaurant chain Chuck E. He also said that the idea that agents and MLSs are colluding is “ridiculous.” It dehumanizes Realtors and turns us into money-making machines.”

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MLS VA loan Agents As-is 410

Housing Wire

SEPTEMBER 23, 2021

The nation’s third largest MLS, with over 70,000 agents in Florida and Puerto Rico, Stellar MLS announced Tuesday that it is partnering with Remine and MoxiWorks to launch a new platform for real estate professionals. The post Stellar MLS to launch new agent platform appeared first on HousingWire. and Canada.

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MLS Agents Brokerage Technology 242

Housing Wire

MARCH 25, 2024

During a virtual open house hosted by Keller Williams to answer agent and broker questions about the settlements in the commission lawsuits , the overwhelming message was for real estate professionals to focus on what they can control. The buyer can use those funds for anything they would like, including paying their agent, if they choose.”

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Purchase and sale agreement Agents Seller concession MLS 384

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.

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Industrial Seller concession Purchase and sale agreement Agents 501

Housing Wire

APRIL 2, 2024

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

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Agents Brokerage MLS Technology 300

Housing Wire

OCTOBER 18, 2021

MLS Technology Holdings, LLC , a joint venture formed by four of the nation’s largest MLSs, has acquired real estate technology company Remine Inc., 4 by the Austin Board of Realtors’ ACTRIS MLS , First MLS in Atlanta, Heartland MLS in Kansas City and Miami Realtors’ MLS. The joint venture was incorporated on Oct.

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MLS Technology Lending Agents 338

Housing Wire

SEPTEMBER 5, 2023

are teaming up to provide generative AI tools to First Multiple Listing Service (FMLS), the fourth largest MLS in the country. The tools will be delivered through the CoreLogic suite of MLS solutions, including CoreLogic Matrix and CoreLogic OneHome. Data giant CoreLogic and real estate computer vision provider Restb.ai

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MLS Technology As-is Agents 327

Housing Wire

OCTOBER 19, 2023

1, REBNY rules will prevent the listing brokers from paying buyer agents and instead will require sellers to pay commissions directly. The rule will require listing agreements to clearly outline the seller’s offer of compensation to the buyer’s agent. Starting Jan.

Agents 427

Agents MLS Residential Brokerage 427

Housing Wire

MARCH 27, 2024

These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” But even with all the negative nouns used to describe some real estate agents, the majority of real estate agents are professional and valuable. And before getting my real estate license in 2009, I had the same opinion, too.

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Purchase and sale agreement Agents MLS Brokerage 275

Housing Wire

NOVEMBER 20, 2023

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. But what happens if consumers pivot away from buyer agents altogether? Enter the savvy seller.

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Pre-approval Agents Loan Officer Seller concession 386

Housing Wire

OCTOBER 19, 2023

Several industry executives, including Rene Galicia, the former director of MLS engage at the National Association of Realtors , and Rodney Gansho, the head of engagement at NAR, again appeared via video deposition, according to reports from Inman News. Michelle Figgs, the former senior industry analyst at Keller Williams , appeared next.

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Agents MLS Brokerage Equity 374

Housing Wire

DECEMBER 27, 2023

District Court in Arizona against Arizona Regional MLS and Wisconsin -based Metro MLS. The lawsuit also names MLS Aligned , the parent company of showing platform Aligned Showings. Despite these warnings, the plaintiffs state that many agents declined to switch as Aligned Showings is “an inferior product.”

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MLS Agents Industrial As-is 491

Housing Wire

SEPTEMBER 16, 2020

Brokers and agents in the Shreveport and Bossier City region now have access to the database of listings and products the NTREIS system has to offer. The Dallas-based NTREIS serves 42,000 real estate agents while NWLAR serves 1,000 real estate agents.

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MLS Agents As-is Marketing 406

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 At CRMLS, Carter said he and his team are already working to implement changes they will have to make to their MLS in order to comply with the new rules. “We

MLS 359

MLS Agents Industrial Brokerage 359

Housing Wire

SEPTEMBER 26, 2023

Real estate agents are moving much less between brokerages than the post-pandemic peak seen in the summer of 2021, Relitix’s inaugural Agent Movement Index shows. The index shows the relative degree of movement between real estate brokerages by experienced agents and is indexed to the level of mobility in January 2016.

Agents 330

Agents Brokerage MLS Industrial 330

HomeLight

APRIL 25, 2024

If you’re considering selling your Louisville home on your own, a flat fee MLS listing service might be the best way to get your property in front of as many buyers as possible. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your Louisville market.

MLS 75

MLS Agents As-is Marketing 75

HomeLight

MARCH 29, 2024

Selling your Pennsylvania home on your own, known as For Sale By Owner (FSBO), can be a lot of work, but it could save you money when it comes to paying the commission costs associated with hiring a real estate agent. However, one way to get the most out of selling your home on your own, is hiring a flat fee MLS listing service.

MLS 101

MLS Agents As-is Marketing 101

Housing Wire

MARCH 8, 2024

If you sold a home and paid a commission to a real estate agent, you may be part of class action settlements,” the postcards read. A website link and QR code are included for recipients to check if their home sale falls within the date range for their MLS. Lisa is super on the pulse.

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Agents MLS As-is Title 382

Housing Wire

JULY 26, 2021

Multiple Listing Services (MLS) by those trying to disparage the system. The cooperative MLS system exposes home listings to the largest number of potential buyers with an offer of compensation to any successful buyers’ agent. I have been following the discussion around the competitiveness, costs and consumer benefits of U.S.

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MLS Purchase and sale agreement Brokerage Closing 383

Housing Wire

OCTOBER 11, 2023

These lawsuits threaten to radically reshape the residential brokerage landscape, and could be the catalyst for a fat decline in the annual commission pool as well as the industry shedding as many as 80% of agents, according to a team of analysts at Keefe Bruyette Woods. You are forewarned — there are charts! Who’s most exposed?

Agents 467

Agents Purchase and sale agreement Brokerage Finance 467

Housing Wire

OCTOBER 6, 2023

In a surprising twist, the National Association of Realtors has announced a change in how interprets its Participation Rule, which requires listing brokers to provide buyer brokers an offer of compensation in order to list on the multiple listing service (MLS). NAR has aggressively enforced this rule across the country. On Wednesday a U.S.

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MLS Brokerage Agents As-is 497

HomeLight

MARCH 29, 2024

If you’re considering selling your New Mexico home without the help of a real estate agent, you may want to use a flat fee MLS listing service to reach potential buyers. This article will explore the pros and cons of opting for a flat fee MLS service. What is a flat fee MLS listing service in New Mexico?

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MLS Agents Sales As-is 99

HomeLight

MARCH 27, 2024

If you’re selling your Minneapolis home For Sale By Owner (FSBO), you may want to consider using a flat fee MLS listing service. These services offer homeowners a golden ticket to the multiple listing service (MLS), an essential platform in real estate sales. What is a flat fee MLS listing service in Minneapolis?

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MLS Agents Sales As-is 95

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. The lender and LO can make or break the transaction.”

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Agents Loan Officer Lending MLS 376