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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

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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Industry reacts to Redfin-NAR split: ‘It’s a crack in the wall’

Housing Wire

Redfin put the real estate industry on notice Monday morning, announcing that it will require agents to cancel their National Association of Realtors membership where possible. That is really when we started the process of evaluating where we can drop memberships for our agents. There is a lot of unwinding to do there.”

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HomeServices appeal rejected as October commission trial looms

Housing Wire

Originally filed in 2019, the lawsuit won class-action status shortly after, and alleges that some NAR rules, including one that requires listing brokers to offer buyers’ brokers a commission in order to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.

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Top Producer Review: Features, pricing & alternatives

Housing Wire

One of the biggest challenges for agents is finding new clients and staying top-of-mind until they are ready to buy or sell. Today, It is an all-in-one platform designed to help real estate agents manage many aspects of their business, including building meaningful relationships to grow repeat and referral business with clients.

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Meet The Real Estate Tech Entrepreneur: Michael Bonacina from Virtual Staging AI

GeekEstate

In this week’s founder interview, we’re bringing you Michael Bonacina from Virtual Staging AI. I am the Co-Founder and CEO of Virtual Staging AI. We’re a startup from the Harvard Innovation Lab that developed a proprietary AI model to do virtual staging automatically. What problem does your product/service solve?

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Kevin Sears pulls back the curtain on NAR’s commission lawsuit settlement

Housing Wire

They also bar the trade group from establishing any sort of rules that would allow a seller’s agent to set compensation for a buyer’s agent. The settlement agreement also mandates that MLS participants working with buyers must enter into a written buyer broker agreement. Mere hours after news broke that Judge Stephen R.

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More MLS Musings: 2023 Year-End Edition!

Toronto Realty Blog

TorontoRealtyBlog Geez, what happened to “More MLS Musings?” This is an abuse of the MLS system, right? Not only is this the worst bathroom I have ever seen, and so bad that I would never advise a client to purchase this unit… … but the listing agent is calling this TWO bathrooms ! So it’s a den?

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