Housing Wire

MARCH 18, 2024

In the 24 hours after news broke of the National Association of Realtors’ (NAR) settlement agreement in the commission lawsuits , Doug Danzey, the leader of the eXp Realty -brokered teamerage The Cobalt Group , said the most pervasive emotion among his agents has been panic. “I

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Industrial Brokerage MLS Agents 413

Housing Wire

MARCH 19, 2024

For many real estate brokerages and roughly 1 million Realtors, the nationwide settlement agreement that the National Association of Realtors (NAR) negotiated due to the ongoing commission lawsuits marks the end of their cooperative compensation litigation concerns, at least for the time being. billion ), Douglas Elliman ($42.8

Brokerage 441

Brokerage Industrial MLS Sales 441

Housing Wire

JULY 26, 2021

Multiple Listing Services (MLS) by those trying to disparage the system. This past December, my mother and father closed on their home of 35 years in Limerick, Ireland, after 10 months “in escrow.” They also recently closed on their purchase of a new home. And that home rental between closings? An additional $6,400.

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MLS Purchase and sale agreement Brokerage Closing 384

Housing Wire

MARCH 25, 2021

reigned supreme as the largest residential brokerage in America by transaction sides last year , according to the latest annual RealTrends 500 ranking. But such activity didn’t result in more sales volume than its chief rivals, publicly traded brokerage colossus Realogy or controversial New York upstart Compass. It notched $151.7

Brokerage 491

Brokerage Residential MLS Sales 491

Housing Wire

MARCH 8, 2024

Peiffer, a prominent lawyer in the Big Easy, accuses local brokerage firm Latter & Blum of colluding to artificially inflate agent commissions. The brokerage is part of the LeadingRE network. 26 firm in the RealTrends 500 for transaction sides, after its agents closed 16,658 transaction sides in 2022.

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MLS Brokerage Agents As-is 389

Housing Wire

FEBRUARY 12, 2024

District Court in Utah, accusing real estate industry players of colluding to artificially inflate real estate agent commissions. While there are now close to two dozen copycat commission lawsuit across the country, this is the first filed in Utah. 9, 2020, and the present, and paid a buyer broker commission.

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MLS Equity Brokerage Industrial 433

Housing Wire

APRIL 26, 2021

Compass announced Monday that it has reached an agreement to buy San Francisco-based real estate transaction platform Glide , a deal that some California real estate agents may feel uneasy about. The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month.

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Purchase and sale agreement Agents Brokerage MLS 375

Housing Wire

FEBRUARY 16, 2024

In its statement of interest relating to MLS Property Information Network ’s (MLS PIN) settlement agreement with the Nosalek commission lawsuit plaintiffs, filed Thursday evening, the DOJ recommended that Judge Patti D. Saris deny preliminary approval of MLS PIN’s second amended settlement agreement.

MLS 431

MLS Lending Closing costs Agents 431

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 393

Housing Wire

AUGUST 9, 2023

This piece will explore some of the key domains where AI is having the greatest impact for real estate agents, brokers and the innovative companies leading the charge. Scaling lead generation with AI In the fast-paced and competitive market we’re experiencing today, effective lead generation can be the make or break of a brokerage.

Agents 368

Agents Brokerage Technology Industrial 368

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. Consumers are free to sell or buy a home without an agent — and consumers know this.

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MLS Brokerage Agents Industrial 430

Housing Wire

NOVEMBER 1, 2023

The new lawsuit, known as Gibson after its lead plaintiff, accuses the National Association of Realtors , Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman , of conspiring to inflate real estate agent commissions.

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MLS Brokerage Industrial Agents 415

Housing Wire

DECEMBER 12, 2023

District Court for Northern California, accusing the real estate industry of colluding to artificially inflate real estate agent commissions. The lawsuit was filed by Christina Grace, who sold a house listed on Bay Area Real Estate Information Services MLS (BAREIS MLS) in April 2020 and paid a commission to the buyer’s agent.

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MLS Brokerage Agents Industrial 446

Housing Wire

MARCH 25, 2021

reigned supreme as the largest residential brokerage in America by transaction sides last year , according to the latest annual ranking by Real Trends. But such activity didn’t result in more sales volume than its chief rivals, publicly traded brokerage colossus Realogy or controversial New York upstart Compass. It notched $151.7

Brokerage 303

Brokerage Residential MLS Sales 303

Housing Wire

JANUARY 23, 2024

It boasts its own in-house digital transaction management platform, a network of agents, in-house title and mortgage services, as well as a 24/7 “concierge” service. As a licensed brokerage , it operates in all 50 states, and its real estate database is powered mostly by MLS-listed homes in the U.S.

Industrial 403

Industrial Title MLS Technology 403

Housing Wire

OCTOBER 24, 2023

This means sellers wind up paying inflated commissions at closing. Goldberg responded that the analogy does not fit because agents are selling services and not a product. He noted that picking up the phone each time and negotiating with every buy-side agent, as Ketchmark suggested, would be highly inefficient.

MLS 418

MLS Principal Brokerage Agents 418

Housing Wire

APRIL 3, 2024

CoStar announced last month that monthly traffic at Homes.com surpassed 149 million unique visitors in February, inching closing to the 194 million unique monthly visitors that Zillow reported in fourth-quarter 2023. Like all of the publicly traded brokerages, Zillow Group saw its stock prices slide, dropping 13.4%

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MLS Residential Agents Industrial 397

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. In the SEC filing, RE/MAX stated that the settlement was not an admission of liability.

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MLS Branding Agents Brokerage 491

The Close

NOVEMBER 6, 2023

Today’s sophisticated agents want more from their real estate brokerage than just the basic file review, supervision, and commission disbursement. That’s why successful brokers are providing more and more services to attract and retain productive agents. Providing your agents with leads means that you’ll need to budget for them.

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Brokerage Agents Branding Staging 88

Housing Wire

MARCH 12, 2021

REX, an Austin-based real estate startup, said Zillow’s new listing layout, which includes tabs entitled “agent listings” and “other listings,” positions its listings in a “recessed obscured, and deceptive tab that consumers do not see.” Real Estate Tech Demo Hour. billion visits. billion visits. .”

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MLS Brokerage Technology Industrial 479

Housing Wire

OCTOBER 31, 2023

As I write this, we anticipate the final jury verdict today in the closely watched Sitzer/Burnett class-action commission lawsuit trial. Most assuredly, the plaintiff attorneys in the subsequent cases are closely watching, and even as you read this are rapidly modifying strategies to be even more effective for their time in the sun.

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MLS Agents Industrial Technology 412

Housing Wire

SEPTEMBER 6, 2023

The biggest combined brokerage company in the country in terms of all their brands, just said, ‘We’re out. Worst case scenario, the broker representing the buyer will have to negotiate their own fee with their client and the seller can no longer be compelled to make a blanket offer of compensation in order to list on the MLS,” Murray said.

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Industrial MLS Agents Equity 421

Housing Wire

OCTOBER 26, 2023

She said that HomeServices does not meddle in operations, give advice, or advise on commissions or how the brokerage approaches Realtor association membership. Ketchmark asked Warner if those statistics suggest that agents are practicing the messages they are receiving in their training.

Brokerage 373

Brokerage Agents MLS As-is 373

Housing Wire

MAY 11, 2021

“We’re bringing the best technology together to dramatically simplify the work that agents and brokers do every day, but this is more than just connecting the dots. Homespotter, a software product suite for real estate agents and brokers, can integrate with over 300 MLSs.

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Title Technology Brokerage MLS 377

Realty Biz

NOVEMBER 28, 2023

The Multiple Listing Service (MLS) is a vital resource in the real estate market. Understanding MLS abbreviations is crucial when navigating property listings. Additionally, MLS codes indicate property status, pricing, and sales information. Understanding the MLS and its significance in property buying and selling is essential.

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MLS Purchase and sale agreement Sales Agents 105

Real Trends

MARCH 10, 2023

Chicago-based brokerage and technology firm @properties | Christie’s International Real Estate has introduced a new fee on agent commissions, according to a recent article published by the The Real Deal. The company leaders cited low brokerage revenues and high expenses as the reasons behind the move, according to TRD.

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MLS Brokerage Agents Technology 72

Real Trends

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.,

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MLS Agents Brokerage As-is 74

Housing Wire

JUNE 11, 2021

Ben developed a process and a service offering — very focused and limited in scope — to help large-production builders effectively market their properties through the MLS and other online resources. He gets paid a fee at closing, and he’s very effective at it. closed sides in 2020 versus 106.9 The top 1,000 teams crushed it.

Brokerage 437

Brokerage Branding Agents Closing 437

Toronto Realty Blog

MARCH 3, 2023

So while I don’t want to come off as unsympathetic to those that are trying to find a place to rent, I did find this MLS listing humourous. After all, you just never see this on MLS: Wow, that’s a lot to digest! First of all, I don’t think I’ve ever seen a “room rental” on MLS before.

MLS 84

MLS Title Brokerage Sales 84

Housing Wire

MAY 3, 2021

“Rather than adapting to Zillow’s changes, REX has fabricated a massive industry-wide conspiracy, claiming that Zillow has ‘locked arms’ with NAR to inflate broker agent commissions,” reads the opposition paper, filed in Washington federal court in Seattle. REX replied to the legal filing in a company statement Monday.

Brokerage 384

Brokerage Residential MLS Agents 384

The Close

OCTOBER 26, 2023

Opening your own brokerage is a huge milestone in your real estate career. However, if you don’t accurately estimate your real estate brokerage expenses, your startup dream can quickly become a nightmare. In my 28-year career in real estate, I have launched or coached more than 20 startup real estate brokerages.

Brokerage 95

Brokerage Branding Agents As-is 95

Housing Wire

FEBRUARY 24, 2021

Vance Loiselle: In the 20th century, the primary technology innovations in real estate were the telephone and the MLS. This has heightened the need for digital tools for marketing, viewing, financing and closing on home purchases. The post-close nurturing process is woefully lacking and can be digitized.

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Pre-qualification Agents Loan Officer Technology 305

RIS Media

SEPTEMBER 28, 2021

For emerging brokerages carving out their niche in the market, recruitment and retention of top talent have become essential to their trajectory. From better pay to an array of tech resources, newer companies are doing anything they can to appeal to agents. For Real Brokerage Inc. ” More Money in Agent’s Pockets. .

Brokerage 102

Brokerage Branding Agents Equity 102

Housing Wire

SEPTEMBER 21, 2023

On a national basis, year-over-year MLS production reports show the average real estate agent’s income is down 28%. Broker-owners’ operations teams are receiving more and more “non-payment” of MLS dues notices. Which agents account for your top 25% of sales? Analyze your sales data by quartiles. Is it you and yours?

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MLS Agents Sales Closing 403

Housing Wire

SEPTEMBER 23, 2020

Customers in Atlanta, Phoenix and Tucson who sell their homes via the iBuying solution will work directly with licensed employees of Zillow Homes, its brokerage entity. Zillow-owned homes in Atlanta, Phoenix and Tucson will be listed for sale by Zillow Homes employees who are licensed real estate agents.

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Brokerage MLS Title Agents 384

HomeLight

OCTOBER 25, 2022

Links and mentions of Wisconsin flat fee MLS companies in this post do not constitute an endorsement. But to attract the right buyer, it’s crucial that your house shows up on the multiple listing service (MLS). In that case, a flat fee MLS company may be worth considering for your Wisconsin home sale.

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MLS Agents Sales Seller disclosure 88

RIS Media

OCTOBER 6, 2021

In order to adapt to new trends in the way we communicate and close transactions, real estate practitioners must be open to implementing new tech tools. – While real estate agents remain at the core of transactions, 97% of all homebuyers used the internet throughout their home search. How are homes being found?

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Brokerage MLS Technology Agents 103