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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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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.

Brokerage 330
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9 Services Smart Brokerages Are Offering to Attract More Agents

The Close

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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More MLS Musings: 2023 Year-End Edition!

Toronto Realty Blog

TorontoRealtyBlog Geez, what happened to “More MLS Musings?” However, the Brokerage Remarks provide a slightly different explanation: Okay. This is an abuse of the MLS system, right? ” Perhaps I got carried away this year actually writing about real estate! So it’s a den? Or it’s not a den?

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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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Gary Keller, Bob Goldberg, Gino Blefari depositions on commissions shared with the jury

Housing Wire

According to Ketchmark, the home sellers paid an average of $6,700 to the buyer’s agent in the transactions, adding up to $1.78 I reported the numbers and walked off the stage.” Ketchmark also brought up Keller’s book “The Millionaire Real Estate Agent,” which discusses the ‘co-opetition’ model that has evolved among rival brokerages.

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