Housing Wire

DECEMBER 27, 2024

The Specialized Team Every team members role is based on their strengths agents specialize in either listings or sales, while support staff focuses on marketing or transactional details. Its important to understand how real estate teams work for you to decide whether its the right career move for you. How do real estate teams work?

Purchase and sale agreement

Housing Wire

NOVEMBER 5, 2024

It has an emphasis on first-time homebuyers ; purchase loans through an expanded geographic footprint and partnerships; servicing portfolio scale and retention; operating leverage quality to drive down turn times; and recruiting, developing and retaining the best talent available. Meanwhile, the company’s total revenues reached $314.6

Purchase and sale agreement

Housing Wire

NOVEMBER 4, 2024

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. Angela is the 11th-ranked agent in the state by sales volume, closing 38 sides and $29.82 What does a real estate reporter do to mark the one-year anniversary of the Sitzer/Burnett jury verdict ?

Purchase and sale agreement

Housing Wire

MAY 21, 2025

From the interest rate environment and inflation to the commission lawsuits and the business practice changes stemming from the National Association of Realtors ‘ (NAR) settlement agreement , it has been quite a ride. HousingWire recently caught up with Lane to discuss all of this and more.

Industrial

Housing Wire

JULY 24, 2025

Purchase expired listing leads Time invested: Minutes to sign up, hours working within product Cost: $60 to $300 per month While scouring listings yourself will essentially be free, minus your time and effort, there are paid options that will bring leads directly to your fingertips without having to do the research. Looking for scripts?

Purchase and sale agreement

Housing Wire

MAY 16, 2025

Or you can take your time, because the prelicensing course expires six months after the date of purchase. Pass Guarantee or Refund Policy: With The CE Shops Money Back Guarantee, you can request your money back within 30 days of purchase, as long as the course is not more than 50% complete. out of 5 stars Rating: 4.5

HR

HomeLight

APRIL 29, 2025

Following a court-approved agreement with the National Association of Realtors (NAR) last year, homebuyers are now responsible for negotiating Realtor fees directly with their buyers agent. If you end up being fully responsible for your buyers agent fee, the typical rate ranges from 2% to 3% of the homes sale price.

Purchase and sale agreement

Toronto Realty Blog

NOVEMBER 4, 2024

But as I write this blog post (over the weekend), I can only guess as to how October sales will look. In my monthly “TRREB Stats” blog post, I always examine three essential statistics in our real estate market: price, sales, and new listings. That , in my opinion, is the number-one reason why sales are slow right now.

Sales

Toronto Realty Blog

NOVEMBER 14, 2024

If a property sold for $2,000,000 but there was $100,000 worth of chattels included, then we would want the historical MLS to reflect this so we can continue to accurately evaluate properties via “comparable sales.” But in reality, there are many times when we feel “stuck in the mud,” and real estate is no exception.

MLS

Toronto Realty Blog

JANUARY 16, 2025

This story brings us back to last summer when a client of mine purchased a small west-side home and, upon closing, the listing agent had some very interesting ideas about how to go about making up his financial loss on the property. She’s 8-years-old. I thought she would understand. -2 2 is colder than -1. -2 2 is less than zero.

Closing

Marco Santarelli

NOVEMBER 23, 2024

Conducting due diligence is essential before committing to a purchase. Dreaming of building a real estate empire and becoming financially secure? Growing your property collection is a fantastic way to achieve financial freedom and create a solid future. Before you invest, it's vital to research the market thoroughly.

Hard money loan

Rochester Real Estate

NOVEMBER 5, 2015

Joseph statue, having an auction, establishing a rent-to-own agreement, hosting an open house party, and hiring a discount broker. In my experience as a Rochester Realtor, having the home sale basics down first is essential. Joseph, the family and home patron saint, will help make a quick and successful sale. Joseph statue.

Purchase and sale agreement

Redfin

JULY 3, 2025

Real estate agents help clients buy and sell homes every day, but what happens when the home for sale belongs to the agent themselves? Depending on their brokerage agreement, they may pay reduced commission fees or avoid certain costs altogether. The process raises key questions about rules, disclosures, and ethics.

Purchase and sale agreement

Redfin

MARCH 18, 2025

When buying a home, youll likely come across the term earnest money – a deposit that shows the seller youre serious about the purchase. This deposit is usually between 1% and 3% of the homes purchase price, but the amount can vary based on the local market and the agreement between you and the seller. Do you get it back?

Closing

Rochester Real Estate

NOVEMBER 5, 2015

Here are the top frequently asked questions that home sellers ask before listing a home for sale, questions relating to home value & pricing, questions relating to contracts, and questions relating to purchase offers. Frequently Asked Questions Before Listing Their Home For Sale When is the best time to sell my home?

Purchase and sale agreement

Redfin

AUGUST 5, 2025

Buying a home is the single largest purchase many Americans will make in their lifetime, it’s a big deal. A good real estate agent could be working with several clients at a time, at different stages of a home sale transaction. Whether you’re buying or selling, the process can be a lot to manage if you’ve never done it before.

Purchase and sale agreement

Housing Wire

MAY 19, 2025

As builders struggle to close sales, resulting in declines in builder confidence and in company revenues, many have started to pile on buyer sales incentives. One-third of respondents increased some, most or all of their sales incentives. The spring homebuying season is in full swing.

Purchase and sale agreement

Toronto Realty Blog

JUNE 23, 2025

You decide… A friend of mine from another brokerage, whom we’ll call Haley , has a handful of listings at the moment, some freehold and some condos, some good listings and some not so much. Unfortunately, the buyer elected not to proceed with the purchase after all was said and done. I could go on.

Purchase and sale agreement

Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

Purchase and sale agreement

Housing Wire

OCTOBER 2, 2024

REcolorado has taken a big step toward moving on from its controversial sale earlier this year. After Burks purchased the MLS in June, REcolorado rolled out a revised participation agreement to its members. The new participation agreement — and possibly Bennett’s promotion — only fuels this fear. ”

Purchase and sale agreement

Housing Wire

APRIL 22, 2024

In fact, the sweet spot for acquisitions over the next couple of years is going to be the small one-office brokerage firms.” With the headwinds facing the real estate industry, Wright and Murray believe smaller brokerage firms will be looking for a place to land, making acquisitions a possibility for even one-office, 25 agent firms.

Brokerage

Housing Wire

AUGUST 26, 2024

Move Sales , OpCity Acquisitions , OpCity Inc. The National Association of Realtors (NAR) is facing yet another lawsuit. The latest complaint, which is seeking class-action status, was filed on Friday by eight real estate agents in Los Angeles County Superior Court. The suit claims that NAR, along with Move Inc., and REA Group Ltd.

Purchase and sale agreement

Housing Wire

MARCH 12, 2024

In an announcement on Tuesday, the brokerage noted that it had expanded the program to more than a dozen additional markets, including Chicago, Los Angeles, Philadelphia, San Diego and San Francisco. of the purchase price of the house. The Sign & Save refund starts at 0.25% of the purchase price, but it rises to 0.5%

Purchase and sale agreement

Housing Wire

AUGUST 13, 2024

As more brokerages and agents contemplate moving away from a cooperative compensation model , many are grappling with some tough questions, the most vexing probably being: What do I do if a seller is only willing to contribute part of the buyer broker’s fees, or none at all? I think in the business world that doesn’t work very well.

Purchase and sale agreement

Housing Wire

OCTOBER 1, 2024

“No person shall give, and no person shall accept any fee, kickback, or thing of value pursuant to any agreement or understanding, oral or otherwise, that business incident to or a part of a real estate settlement service involving a federally related mortgage loan shall be referred to any person.” ” 12 U.S.C.

Purchase and sale agreement

Housing Wire

FEBRUARY 2, 2024

Launched on Thursday, the brokerage’s Sign & Save program provides buyers who sign up to work with a Redfin agent before their second home tour — and who purchase a property with that agent within 180 days of signing the agreement — a refund of 0.25% to 0.5% of the purchase price of the house.

Purchase and sale agreement

Housing Wire

AUGUST 30, 2024

In an interview with TechCrunch , which first broke the news of Landian’s debut, Sitzer said his frustration with having to pay a 3% commission to a buyer’s agent on the sale of his Kansas City home in 2017, which his shared with his neighbor, who happened to be a lawyer familiar with the subject matter, prompted the lawsuit.

Purchase and sale agreement

Housing Wire

AUGUST 19, 2024

17, 2024 , has come and gone, and the real estate industry is still plugging along, despite the business practice changes mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement now being implemented nationwide. The landmark date of Aug.

Purchase and sale agreement

Housing Wire

AUGUST 30, 2024

Pardon if my words convey a dash of sarcasm yet, after over four decades of helping buyers and sellers and running two of the largest brokerage companies in the world, I am compelled to read missives of the misinformed as they pop corks in celebration. I hold a contrarian perspective. More complication and uncertainty.

Purchase and sale agreement

Housing Wire

JULY 10, 2024

For over 37 years I have been a consultant to brokerage firms, MLS’s, Association of Realtors, and other entities related to the residential brokerage industry. In addition to general advisory consulting, I was involved in nearly 1,000 sales or acquisitions of entities in this industry. Here is what I learned.

Purchase and sale agreement

Housing Wire

MARCH 15, 2024

Also, fields displaying broker compensation on MLSs must be eliminated, there is a blanket ban on the requirement that agents subscribe to MLSs to offer or accept compensation and buyers’ agents must have written agreements. NAR said that the changes , if approved by the court, will go into effect in mid-July 2024.

Industrial

Housing Wire

AUGUST 1, 2024

As brokerage firms fine tune how to handle the business practice changes outlined in the terms of the National Association of Realtors’ nationwide commission lawsuit settlement agreement , which are set to go into effect on August 17 , many are focusing on how their agents will handle compensation on both the buy-side and the sell-side.

Purchase and sale agreement

Housing Wire

MAY 8, 2024

The plaintiffs in the Batton 1 homebuyer commission lawsuit are making a last-minute effort to prevent the court from granting final approval to the commission lawsuit settlement agreements reached by Anywhere , Keller Williams and RE/MAX on Thursday.

Purchase and sale agreement

Housing Wire

JULY 19, 2023

This may be the result of fewer listings and slower sales, but we do not know for certain. A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract. Confirm that your brokerage documents (e.g.,

Purchase and sale agreement

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.

Purchase and sale agreement

Housing Wire

OCTOBER 11, 2023

These lawsuits threaten to radically reshape the residential brokerage landscape, and could be the catalyst for a fat decline in the annual commission pool as well as the industry shedding as many as 80% of agents, according to a team of analysts at Keefe Bruyette Woods. You are forewarned — there are charts! Who’s most exposed?

Agents

Housing Wire

JANUARY 11, 2022

Redfin announced Tuesday layoffs of 121 employees as it shakes up its mortgage department, including purchasing a lending company. The real estate company entered into an agreement to acquire mortgage lender Bay Equity Home Loans for $135 million, two-thirds in cash and one-third in stocks, Redfin said in a press release and public filing.

Equity