Housing Wire

SEPTEMBER 18, 2023

I have spoken numerous times over the past 35 years about the fairness and efficiency of what I refer to as the Realtor marketplace , which is a combination of a multiple listing service with Realtor association oversight, supported by a majority of brokerage firms and sales agents. I am also confident there are more than are listed here.

MLS 451

MLS Brokerage Agents Industrial 451

Housing Wire

FEBRUARY 5, 2024

With this capital infusion, the company aims to accelerate its product development, grow its team and pursue market penetration with real estate brokerages, MLS associations and other proptech companies nationwide. “We Proptech company RealReports , formerly known as BHR , has successfully secured $2 million in seed funding.

MLS 407

MLS Brokerage Investor Development 407

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 378

Agents Brokerage MLS Industrial 378

Housing Wire

OCTOBER 6, 2023

RE/MAX brokerages and affiliates from any claims related to these lawsuits.  Like Anywhere, RE/MAX will no longer require agents to be “members of the National Association of Realtors or follow NAR’s Code of Ethics or the MLS Handbook.” Final court approval of the settlement is expected in early 2024.

MLS 501

MLS Brokerage Agents Development 501

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. You should be finding buyers before real estate agents anyway.”

Industrial 514

Industrial Seller concession Purchase and sale agreement Agents 514

Housing Wire

MARCH 19, 2024

The settlement also includes eliminating fields that display broker compensation on Multiple Listing Services (MLSs) and ending the blanket requirement that agents subscribe to an MLS to offer or accept compensation. And some of you will say I want nothing to do with that. In addition, buyers’ agents must have written agreements.

Loan Officer 506

Loan Officer Closing costs Loans Agents 506

Housing Wire

NOVEMBER 3, 2023

The lawsuit, which was originally filed in 2019 and won class-action status in April, alleges that some NAR rules, including one that requires listing brokers to offer buyer brokers a commission to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs. Judge Stephen R. Bough of U.S.

MLS 330

MLS Brokerage Property Management Agents 330

Housing Wire

OCTOBER 4, 2021

Other top lead generating tools included customer relationship management (31%) and MLS sites (28%). With 30% of brokerage business coming from referrals and repeat customers, it is critical for agents to build and maintain relationships with their clients.

MLS 491

MLS Technology Brokerage Agents 491

Housing Wire

JUNE 10, 2021

REX grabbed national attention in March when the residential real estate brokerage filed a lawsuit alleging an antitrust conspiracy between listings giant Zillow and the powerful National Association of Realtors. In order to get these feeds, Zillow had to comply with the vast majority of MLS’s that adopt the NAR’s “no commingling” rule.

Purchase and sale agreement 380

Purchase and sale agreement MLS Brokerage Residential 380

Housing Wire

NOVEMBER 20, 2023

The two corporate brokerages have received preliminary approval of their settlement agreements in the Sitzer/Burnett, Moehrl and Nosalek commission lawsuits. Some of these provisions include no longer requiring agents to be members of the National Association of Realtors or following NAR’s Code of Ethics or the MLS Handbook.

MLS 420

MLS Brokerage Agents Development 420

Housing Wire

AUGUST 2, 2023

MMI – established in 2008 and headquartered in Utah – provides tech solutions for mortgage and real estate professionals that allows buyers to search out and view properties on the Multiple Listing Service (MLS) through its MobilityRE app. The company in April named Brian McKray as its director of product development.

MLS 370

MLS Brokerage Mortgages Industrial 370

Housing Wire

MARCH 27, 2024

The main takeaways from the case: (1) compensation offers will no longer be shown on the MLS. Listing agents may no longer offer co-broker commissions/compensation to buyer agents on the MLS but may still negotiate commissions/compensation between them privately and (2) written agreements for MLS participants acting for buyers.

Purchase and sale agreement 315

Purchase and sale agreement Agents MLS Brokerage 315

Housing Wire

JANUARY 30, 2024

BH: Many agents I have spoken with say they don’t have a strong desire to be a NAR member but maintain their membership either for access to their local MLS, or because it is or was a requirement of their brokerage. The Agency founder Mauricio Umansky has never been shy about pushing the envelope. How does that work?

MLS 378

MLS Agents Industrial Development 378

Housing Wire

OCTOBER 12, 2021

California Regional MLS announced the relaunch of their integrated “submit offer” feature on Tuesday. CRMLS, the country’s largest MLS , services more than 110,000 real estate professionals in southern California. Shortly after the initial launch real estate brokerage Compass agreed to acquire Glide.

MLS 334

MLS Technology Brokerage Agents 334

Housing Wire

APRIL 13, 2021

The development is intriguing for a few reasons. But, ironically, the emerging NAR-Zillow proxy battle comes three months after Zillow announced it is an NAR-member real estate brokerage. SentriLock spent the last 18 months writing code and otherwise developing the new appointment handler, said company CEO Scott Fisher. “And

Loan Officer 435

Loan Officer Brokerage Technology MLS 435

Housing Wire

APRIL 26, 2021

The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month. Unclear is whether the California MLS may renege its relationship with Glide. You could understand why other brokerages and agents wouldn’t be entirely convinced their data would be cordoned off.

Purchase and sale agreement 382

Purchase and sale agreement Agents Brokerage MLS 382

Housing Wire

AUGUST 3, 2021

Cyber security , 5G, drones and virtual reality are the technological developments expected to have the biggest impact on real estate in the next two years, according to a National Association of Realtors survey. One intriguing question is whether real estate brokerages are providing agents with the technology they need.

Technology 488

Technology Brokerage MLS Agents 488

Housing Wire

SEPTEMBER 28, 2023

Two months prior, in January 2021 , Zillow began moving homes out of its initial search results for sellers who chose not to use agents adhering to the NAR and local multiple listing service (MLS) practices, creating a two-tab design for agent listings and “other listings.” In mid-May 2022, REX ceased its brokerage operations. “The

MLS 421

MLS Commercial Brokerage Design 421

Housing Wire

SEPTEMBER 7, 2023

Some of the nation’s largest real estate brokerages, including Keller Williams, RE/MAX , HomeServices of America as well as the National Association of Realtors , are facing three class action lawsuits (NAR is only named as a defendant in two lawsuits) that could result in the industry paying out tens of billions in damages.

Agents 409

Agents Loan Officer Lending MLS 409

Broke Agent Media

JANUARY 17, 2023

If you’ve decided to join a brokerage in your market, what you bring to the table is not the only thing that matters. Researching your brokerage options. Don’t be the person to ask questions that can easily be Googled or found on a brokerage’s website. . Maybe you’ve narrowed your options down to three. Double-digit sales.

Brokerage 98

Brokerage MLS Agents Development 98

RIS Media

OCTOBER 8, 2021

The National Association of REALTORS® (NAR) is proposing a series of changes to its multiple listing services (MLS) in the new year, according to recent reports. Another motion would restrict MLS participants and subscribers from advertising their services to buyers and sellers as “free,” according to the list of recommendations.

MLS 98

MLS Technology Brokerage Equity 98

Housing Wire

NOVEMBER 15, 2023

Ask the average real estate agent or broker in America if they believe the National Association of Realtors (NAR) and brokerages are likely to win the bombshell Sitzer/Burnett commission lawsuit case on appeal. Would love for our MLS to not be a part of the organization. What a shame.” NAR is a scam,” one agent wrote.

Purchase and sale agreement 424

Purchase and sale agreement MLS Agents FHA loan 424

HomeLight

MARCH 26, 2021

However, after contacting your real estate agent to ask about making an offer , you find out that the house has been withdrawn from the MLS. But what does “withdrawn” mean on an MLS listing? Although the house is no longer listed on the MLS, you might not be entirely out of luck. How exactly does the MLS work?

MLS 98

MLS As-is Agents Sales 98

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. An originator since 1999, Read got his real estate license in 2014 and opened up his real estate brokerage in 2019. But it’s a tough road to hoe. (AI

Loan Officer 452

Loan Officer Loans Agents Mortgages 452

Housing Wire

NOVEMBER 13, 2023

Self-paced online Gold Coast School $263 Classroom, livestream, or online MLS Campus Real Estate School $83.88 Self-paced online Gold Coast School $263 Classroom, livestream, or online MLS Campus Real Estate School $83.88 Self-paced online Gold Coast School $263 Classroom, livestream, or online MLS Campus Real Estate School $83.88

Purchase and sale agreement 435

Purchase and sale agreement MLS Pre-approval Agents 435

Housing Wire

AUGUST 7, 2023

Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. The GSE’s $8B profit in 2Q could buy most of the brokerage industry. Digitization redraws industry boundaries and changes how the value of information is expressed, enriched and exchanged.

Lending 342

Lending Loans Technology Brokerage 342

RIS Media

OCTOBER 15, 2021

And there’s one crucial ingredient all these innovations need: MLS data. And there’s one crucial ingredient all these innovations need: MLS data. Many tech vendors underestimate the complexity of working with MLS Data. Each MLS collects data differently, using various fields, ranges and values.

MLS 83

MLS Development Technology Brokerage 83

Housing Wire

AUGUST 9, 2023

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. Their all-in-one platform allows agents to send out mailers to leads at scale, with personalized copy developed by AI and hand-written notes produced by robots.

Agents 366

Agents Brokerage Technology Industrial 366

Housing Wire

DECEMBER 23, 2021

StreetEasy has been biting the hand that feeds it for too long,” said Frederick Peters, CEO of New York City brokerage Warburg Realty. The information they gathered from taking pictures of buildings and developing relationships with commercial real estate agents led to a role in facilitating transactions, Florance said.

Brokerage 372

Brokerage Commercial Residential MLS 372

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. So if you don’t want your brokerage to get left in the dust, you will need to step up the real estate services you provide. You’ll quickly overload yourself and your staff. Let’s dive in.

Brokerage 85

Brokerage Agents Branding Staging 85

Housing Wire

JANUARY 12, 2024

Below, we take a deep dive into the best real estate CRM solutions for solo agents, teams and brokerages. It’s a high-functioning customer relationship management (CRM) tool with robust features, integrations and automation. We looked for features like task automation, pipeline management and integration with other commonly used tools.

Brokerage 456

Brokerage Agents Design Industrial 456

RIS Media

JANUARY 11, 2022

Realogy has urged the National Association of REALTORS® (NAR) to rethink one of its multiple listing service (MLS) policies. The large real estate conglomerate publicly called for NAR to end its MLS mandate requiring listing brokers to offer compensation so they can post a seller’s property on a REALTOR®-affiliated MLS.

MLS 97

MLS Principal Agents Industrial 97

RIS Media

JANUARY 20, 2022

The concept of a Multiple Listing Service, or MLS, goes back more than 100 years when local boards would meet in a dusty office and exchange paper copies of listings. Today, the MLS landscape retains vestiges of that fractured, paper-driven local data sharing. It is not the flashiest or most dynamic part of the real estate industry.

MLS 89

MLS Technology Industrial Agents 89

Realty Biz

JANUARY 4, 2023

People have developed new digital behaviors and now expect: to have information about properties available in real-time online. A Real Estate Portal, Multiple Listing System (MLS), or simply marketplace is an online medium where real estate agents list their properties for sale or rent. What is a Real Estate Portal?

Brokerage 88

Brokerage Development Property Management Agents 88

Realty Biz

JANUARY 17, 2023

Here are three key areas of focus to drive business growth in 2023: Increase the value of your brokerage to your agents - With even more pressure on brokerages today , leaders are taking a hard look at t he value their brokerage provides to agents versus the value the brokerage extracts from those same agents.

Brokerage 76

Brokerage Agents MLS Industrial 76

RIS Media

MAY 8, 2023

Company culture is a hot topic these days as brokerages define what they do and how they do it, hopefully using their reputations to draw elite talent. It informs every aspect of businesses that rely on staff members working together as a team.

Brokerage 99

Brokerage Residential Agents As-is 99

RIS Media

SEPTEMBER 23, 2020

Now, the company has taken things a step further by starting its own licensed brokerage: Zillow Homes. . According to the company, Zillow Homes will be “the brokerage of record for Zillow Offers transactions.” According to the company, Zillow Homes will be “the brokerage of record for Zillow Offers transactions.”

Brokerage 118

Brokerage MLS Title Development 118