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 483

Brokerage Residential MLS Sales 483

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

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 431

MLS Equity Brokerage Industrial 431

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 346

Agents Brokerage MLS Technology 346

Housing Wire

NOVEMBER 1, 2023

Just hours after securing a victory for his home seller clients in the landmark Sitzer/Burnett commission lawsuit, Michael Ketchmark, the lead attorney for the plaintiffs, filed another class action antitrust lawsuit against some of the real estate industry’s biggest players, in U.S. District Court for Western Missouri. Who’s named?

MLS 413

MLS Brokerage Industrial Agents 413

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

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 332

Brokerage Residential MLS Sales 332

Housing Wire

MAY 8, 2024

In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We annual increase in the number of transactions closed by Compass agents, which came in at 38,449 sides for a volume of $40.1

Agents 395

Agents Brokerage Investor MLS 395

Housing Wire

OCTOBER 20, 2023

ZipRealty closed nearly 30,000 transactions at its peak. Consumers have had lots of choices in brokerage services, including those with lower costs, but they have chosen not to use them in any meaningful way. Some say the MLS enables U.S. Those who point to this conclusion fail to mention the role the MLS plays in the U.S.

MLS 424

MLS Brokerage Agents Industrial 424

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 441

MLS Brokerage Agents Industrial 441

Housing Wire

MARCH 12, 2021

” “The NAR and its MLS partners, which now include Zillow, are allowed to once again close off transparent access to home inventory by entering into agreements among themselves that disadvantage all but their own membership; consumers and competition will suffer,” read the lawsuit. Real Estate Tech Demo Hour.

MLS 471

MLS Brokerage Technology Industrial 471

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%

MLS 417

MLS Residential Agents Industrial 417

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.

MLS 412

MLS Agents Industrial Technology 412

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. In fact, the U.S.

MLS 483

MLS Branding Agents Brokerage 483

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 380

Purchase and sale agreement Agents Brokerage MLS 380

Housing Wire

MAY 11, 2021

From lead to close to commission, we’re helping agents and brokers get a leading edge in a competitive marketplace and elevate the real estate experience they provide to buyers and sellers today.”. This a great moment for real estate agents, brokerages, and MLSs,” said Aaron Kardell, Homespotter CEO.

Title 387

Title Technology Brokerage MLS 387

Housing Wire

SEPTEMBER 7, 2023

But three multibillion-dollar class action antitrust lawsuits looming over the real estate industry may soon reshape how buyers interact with agents. After looking at listings online, a prospective homebuyer typically reaches out to a real estate agent who then gives them a list of recommended lenders and LOs.

Agents 392

Agents Loan Officer Lending MLS 392

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 370

Agents Brokerage Technology Industrial 370

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.

Brokerage 382

Brokerage Residential MLS Agents 382

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 91

Brokerage Branding Agents As-is 91

Toronto Realty Blog

SEPTEMBER 25, 2023

Chris had the idea to talk about “discount brokerages,” and I thought it was great. Alternative Brokerage Models: Are We Trying to Solve a Problem That Doesn’t Exist? Chris, Tara, Matthew, Richard, and myself, and even Christan Bosley, all write an article for the magazine that could be on any number of topics.

Brokerage 97

Brokerage Industrial MLS Equity 97

RIS Media

SEPTEMBER 23, 2020

Over the last several years, Zillow has been transitioning from a real estate search portal into a streamlined buying and selling entity that offers iBuying services through Zillow Offers , and mortgage, title and escrow services through Zillow Home Loans and Zillow Closing Services. ” This is a developing story.

Brokerage 117

Brokerage MLS Title Development 117

Realty Biz

JANUARY 4, 2023

These needs are easily addressed with real estate marketplaces like Rightmove, Zillow, and Zoopla which are now regarded as the industry standard for marketing the property. 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.

Brokerage 88

Brokerage Development Property Management Agents 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. A new report from the National Association of REALTORS® (NAR) “ 2021 Real Estate in a Digital Age ,” sheds light on how the real estate industry is leveraging technology. .

Brokerage 78

Brokerage MLS Technology Agents 78

Housing Wire

NOVEMBER 2, 2023

This matter is not close to being final. According to Kasper’s email to NAR members, the trade group does have the funds to post bond, but industry analyst Rob Hahn isn’t so sure. In the Sitzer/Burnett trial verdict, the jury awarded the plaintiffs damages of nearly $1.8 In his Oct.

MLS 403

MLS Brokerage As-is Industrial 403

RIS Media

JULY 31, 2021

Register today for RISMedia’s next webinar: “How to Increase Your Brokerage Business in a Virtual World.” Virtual technology can boost your brokerage’s profitability in myriad ways, from agent recruiting and retention to improved systems at the agent and consumer levels—the digital space is brimming with opportunities.

Brokerage 94

Brokerage Technology MLS Branding 94

Housing Wire

AUGUST 1, 2023

Through their visionary leadership, they have propelled the industry forward, driving change, fostering inclusivity and taking the reigns as female executives in a traditionally male industry.

Lending 370

Lending Title Mortgages Equity 370

RIS Media

OCTOBER 28, 2020

Last month, Zillow made an announcement that was not much of a surprise to many across the industry: The portal-turned-iBuyer officially formed its own real estate brokerage, Zillow Homes. With this in mind, how will brokerages respond to the news? But what does that mean for real estate practitioners? Life goes on.”

Brokerage 75

Brokerage Industrial Agents New Construction 75

The Close

AUGUST 9, 2022

Guy Gal is the founder of Side , a real estate brokerage platform that is disrupting the classic brokerage model. He made some pretty eye-opening pronouncements from the main stage during an interview with Greg Robertson , General Manager of MLS at Lone Wolf Technology. Real Estate Tech Tools Now Have Expiration Dates.

Industrial 95

Industrial Staging Technology Brokerage 95

RIS Media

DECEMBER 22, 2020

Greater Southern MLS and the Broker Public Portal (BPP) jointly have announced that real estate agent members of Greater Southern MLS, representing nearly one-third of all Louisiana REALTORS®, now have access to Homesnap , the public-facing brand of the BPP. For more information visit www.brokerpublicportal.com and www.homesnap.com.

MLS 64

MLS Technology Branding Brokerage 64

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 334

Pre-qualification Agents Loan Officer Technology 334

The Close

NOVEMBER 10, 2022

Let’s talk about your dream of starting your own real estate brokerage. After all, having your own brokerage means more money, more autonomy, and greater responsibility. In my 27 years in the real estate industry, I’ve been an agent, broker-owner, franchise partner, recruiter, speaker, coach, and author. Lots of them.

Brokerage 75

Brokerage Branding Purchase and sale agreement Agents 75

The Close

APRIL 15, 2024

These off-market properties are like the VIP section of real estate—exclusive yet not quite ready for the MLS spotlight. But there’s a catch: the property can’t be listed on the Multiple Listing Service (MLS). Sellers can get a feel for what buyers will pay before going public on the MLS.

MLS 73

MLS Purchase and sale agreement Brokerage Agents 73

Housing Wire

NOVEMBER 2, 2023

It allows agents, teams, and brokerages to purchase targeted display ads in chosen ZIP codes, putting them among the top agents on Zillow. The program aims to provide real estate professionals with exposure on the Zillow platform, offering access to a wide range of features, tools and resources to generate leads and grow their businesses.

Agents 403

Agents Branding Brokerage Marketing 403

Housing Wire

NOVEMBER 16, 2021

Change is inevitable, and there is arguably no industry more prone to change than American real estate. Specifically, the changes reinforce that local broker marketplace participants do not represent brokerage services as free. We passed these rules because it will improve the industry.

Brokerage 366

Brokerage Agents Industrial Technology 366

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. For Real Brokerage Inc. ” Real services 32 states and Canada and is among the pool of emerging brokerage models that went public in the past year and a half. .”

Brokerage 77

Brokerage Branding Agents Equity 77

Housing Wire

DECEMBER 29, 2021

And the result is that the real estate agents of homebuyers can overlook newly built homes because those homes have not been properly entered into the MLS , and promoted the way existing homes are. We have a specialized service to ensure that the builder’s homes are presented to the realtors through MLS in the most efficient and accurate way.

MLS 362

MLS Agents Sales Staging 362