Housing Wire

SEPTEMBER 6, 2023

“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. Therefore, it won’t just impact agents, but technology systems, she added.

Industrial 414

Industrial MLS Agents Equity 414

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.

Agents 324

Agents Brokerage MLS Technology 324

RIS Media

MAY 16, 2024

Colette Stevenson is CEO of REsides, an innovative Multiple Listing Service (MLS) model that ensures equitable ownership for all stakeholders. Dedicated to empowering brokers and agents with actionable data, she strives to provide value beyond industry conventions. “I

MLS 109

MLS Brokerage Industrial Closing 109

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.

MLS 382

MLS Purchase and sale agreement Brokerage Closing 382

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.”

Agents 390

Agents Loan Officer Lending MLS 390

Housing Wire

FEBRUARY 16, 2024

The Department of Justice (DOJ) is asking the real estate industry to consider a world without the practice of cooperative compensation. Saris deny preliminary approval of MLS PIN’s second amended settlement agreement. Saris deny preliminary approval of MLS PIN’s second amended settlement agreement.

MLS 424

MLS Lending Closing costs Agents 424

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.

MLS 427

MLS Equity Brokerage Industrial 427

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. In prior notes, KBW had also referred to CoStar as the “top beneficiary” of a change to the buyer agent landscape.

MLS 395

MLS Residential Agents Industrial 395

Housing Wire

APRIL 4, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with Sheila Reddy, CEO at Mosaik, to talk about how the company is leveraging their experience building technology solutions for healthcare to benefit real estate agents and homebuyers. These are all things that we were facing in the healthcare industry starting about a decade or so ago.

Technology 368

Technology MLS Agents Design 368

Housing Wire

AUGUST 9, 2023

The advent of artificial intelligence (AI) has been sending shockwaves across nearly every industry, and real estate is no exception. While our industry is notorious for its lethargic adoption of new technologies, it is inevitable that AI will reshape many of the traditional and archaic processes that exist today.

Agents 369

Agents Brokerage Technology Industrial 369

Housing Wire

JANUARY 5, 2024

The trade group closed out 2023 with 1,554,604 members. This decline may partially be attributed to the state’s largest MLS , Northwest MLS , not being affiliated with NAR, and the state being home to Redfin , which announced in October that it was asking agents to allow their NAR membership to lapse where possible.

MLS 413

MLS Agents Sales Industrial 413

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.

MLS 439

MLS Brokerage Agents Industrial 439

Housing Wire

NOVEMBER 1, 2023

Let’s break down the case and the potential implications for the industry. With nearly double the number of corporate defendants as both the Moehrl and Sitzer/Burnett cases, and the fact that the proposed class includes anyone who listed a property for sale on an MLS in the U.S. Who’s named? How big could this case be?

MLS 410

MLS Brokerage Industrial Agents 410

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. Unclear is whether the California MLS may renege its relationship with Glide.

Purchase and sale agreement 375

Purchase and sale agreement Agents Brokerage MLS 375

RIS Media

FEBRUARY 8, 2024

California Regional MLS (CRMLS) now offers TheQwikFix, a service that allows agents to upload property reports and then receive detailed and competitively priced repair quotes from local, licensed contractors who are available to complete the job before or shortly after closing.

MLS 125

MLS Closing Agents Industrial 125

Housing Wire

SEPTEMBER 19, 2022

Beginning a career as a real estate agent is an exciting time. That’s why new agents shouldn’t miss these three panels at HW Annual that will set you up for a long, successful career. . That’s why new agents shouldn’t miss these three panels at HW Annual that will set you up for a long, successful career. .

Agents 362

Agents Loan Officer MLS Loans 362

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.

MLS 423

MLS Brokerage Agents Industrial 423

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 407

Housing Wire

MARCH 29, 2024

The real estate industry is facing yet another commission lawsuit , but this time the plaintiff is not seeking class-action status. Additionally, Wang wrote in his complaint that as a repeat buyer, he did not rely on his agents for advice or recommendations on inspectors, contractors, mortgage brokers or electricians.

Purchase and sale agreement 421

Purchase and sale agreement MLS Agents Residential 421

Housing Wire

DECEMBER 5, 2023

million members within the real estate industry and beyond. I look forward to working closely with Suzanne to continue to communicate NAR’s perspective with key audiences, maintain our role as a positive force in the real estate industry, and empower our members who are working every day to help their clients.”

Marketing 388

Marketing MLS Branding Industrial 388

Housing Wire

AUGUST 31, 2022

So much has evolved in the real estate process – agents and brokers no longer flip through the pages of MLS books, thumb through a Rolodex or fill out carbon copy contracts with their clients. The legacy CMA process is 25 to 30 years old and takes a great deal of time to perform manually. geniusprice technology is not a CMA.

Agents 344

Agents Technology MLS Development 344

Housing Wire

NOVEMBER 9, 2023

It now allows listing brokers to offer buyer brokers $0 in compensation when listing a home in any of the 500 Realtor-affiliated MLS s across the U.S. NAR’s approach exhibits a lack of emphasis on making real estate agents substantially better at what they do.

Agents 391

Agents Industrial Development MLS 391

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.

MLS 483

MLS Branding Agents Brokerage 483

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent. Somebody has a problem once and then that story just spread.

VA loan 391

VA loan Agents Pre-approval Debt-to-income ratio 391

Housing Wire

MARCH 19, 2024

NAR’s settlement, which includes terms like mandatory buyer agency agreements and a ban on displaying offers of cooperative compensation on MLS platforms, only covers real estate brokerages that recorded $2 billion or less in transaction volume in 2022. But it’s a pretty big loss for the industry as a whole.”

Brokerage 437

Brokerage Industrial MLS Sales 437

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. .”

MLS 471

MLS Brokerage Technology Industrial 471

Housing Wire

FEBRUARY 24, 2021

Vance Loiselle: In the 20th century, the primary technology innovations in real estate were the telephone and the MLS. HW: How has the financial industry’s response to COVID accelerated the need for digital tools? This has heightened the need for digital tools for marketing, viewing, financing and closing on home purchases.

Pre-qualification 311

Pre-qualification Agents Loan Officer Technology 311

RIS Media

JUNE 27, 2023

OneKey® MLS, the largest MLS in New York, has announced that residential, condo, and co-op sales transactions in the regional MLS coverage area saw a 2.6% increase in closed median sale price month-over-month from April to May 2023. MoM appeared first on RISMedia. MoM appeared first on RISMedia.

Residential 121

Residential Closing Sales MLS 121

Housing Wire

MAY 31, 2022

By working with more precise tools, industry professionals will gain important insights to both maintain a competitive edge in the current market and position themselves for future success. a Radian company, is paving the way for lenders, brokers, agents and investors looking to bring their businesses into the 21st century.

Investor 360

Investor MLS Technology Title 360

RIS Media

MAY 18, 2023

Across the Mid-Atlantic markets sellers are holding their driver seat positions in home sales,according to a new report from Bright MLS. Bright MLS’s monthly market report for May found that Sellers who closed on their home in April received an average of 3.5 offers, and 53.5%

MLS 110

MLS Marketing Closing Sales 110

RIS Media

APRIL 21, 2023

OneKey MLS–servicing the southern regions of New York state such as the Hudson Valley, New York City, and Long Island–maintains a monthly report keeping track of changes to the residential real estate market. On April 18, 2023, the MLS released its report covering February to March, 2023.

MLS 97

MLS Residential Marketing Closing 97

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.

Title 377

Title Technology Brokerage MLS 377

HomeLight

JULY 23, 2021

Every industry has its own lexicon, and real estate is no exception. One term you’ll likely hear often during the homebuying process is “MLS,” which stands for multiple listing service. One term you’ll likely hear often during the homebuying process is “MLS,” which stands for multiple listing service.

MLS 109

MLS Backup offer Agents Purchase and sale agreement 109

Keeping Current Matters

OCTOBER 12, 2020

If you’re considering selling on your own, known in the industry as a For Sale by Owner (FSBO) , it’s critical to consider the following: 1. Most real estate agents have developed a strong Internet and social media strategy to promote the sale of your house. The buyer’s agent, who solely represents the best interest of the buyer.

Agents 276

Agents MLS Inspection Mortgages 276

Housing Wire

SEPTEMBER 15, 2023

Our way of honoring first responders is by educating our podcast listeners, readers and coaching clients in the real estate industry about how to help those who helped all of us and are still being of service every day. Listen to all of these really great mortgage programs (most agents and buyers don’t know about these!)

VA loan 408

VA loan Loans Mortgages Closing costs 408

Housing Wire

DECEMBER 1, 2020

Brian Donnellan, President and CEO, Bright MLS. Brian Donnellan is the leader of Bright MLS, a novel concept in the multiple listing service space as it represents a truly regional multiple listing service with an expansive footprint. In March 2020, as COVID-19 spread across the U.S.

MLS 196

MLS Technology Agents Industrial 196

RIS Media

MARCH 1, 2024

A new Bright MLS survey of 450-plus agents indicated that seller concessions have increased in the Mid-Atlantic housing market. Those interviewed consisted of agents who have worked with sellers in the past six months across the Bright footprint.

Seller concession 127

Seller concession MLS Marketing Agents 127