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Brokerage executives double down on their lead generation strategies

Housing Wire

With home sales still at historically low levels and uncertainty over the commission lawsuits , real estate brokerage executives prize good leads more than ever. To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates.

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Panic! at the brokerage: Industry leaders plan next steps after NAR settlement

Housing Wire

I think a lot of agents just sort of relied on the MLS to dictate what they were going to make. There is going to be a lot more conversations happening around off-MLS considerations.” More off-MLS listings? I don’t think they really understand what is going on and what is going to be required of them,” Danzey said. “I

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HomeServices of America dismissed from Batton 1 commission case

Housing Wire

The residential brokerage was dismissed this week from one of the early real estate commission lawsuits , known as “Batton 1” after its lead plaintiff, a homebuyer named Mya Batton. HomeServices of America can preserve some of its legal war chest — for now, at least. Judge Andrea Wood of the U.S.

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Opinion: All the ways the class-action commission lawsuits are misguided

Housing Wire

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. ZipRealty closed nearly 30,000 transactions at its peak.

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Judge denies Zillow’s motion for summary judgement in the REX suit

Housing Wire

Things are continuing to heat up in Zillow Group’s legal battle with discount brokerage REX Homes , as the September 18, 2023, trial date looms ever closer. In mid-May 2022, REX ceased its brokerage operations. On Friday, Judge Thomas Zilly, the U.S.

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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. An “unpriced offering” as it’s referred to, and this is very common in commercial real estate. This is an abuse of the MLS system, right? I get that.

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Zillow moves to have REX suit dismissed

Housing Wire

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.

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