Housing Wire

DECEMBER 6, 2023

Similar to the other commission lawsuits, the latest two take aim at the National Association of Realtors’ Participation Rule, which requires the listing broker to make a blanket offer of compensation to the buyer’s broker to list the property on the MLS. District Court for the Western District of Pennsylvania.

MLS 424

MLS Brokerage Agents Industrial 424

Housing Wire

FEBRUARY 28, 2024

At the center of the lawsuit is NAR’s Participation Rule, which requires listing brokers to make a blanket offer of compensation to buyer’s brokers in order to list a property on a Realtor association affiliated MLS. 2, 2019, and Oct. 2, 2023.

MLS 416

MLS Residential Brokerage Agents 416

Housing Wire

JANUARY 19, 2024

Brokerages RE/MAX , Anywhere , Keller Williams , eXp World Holdings , NorCal Gold , Williams L. Despite not being affiliated with NAR, MetroList adopted a rule similar to NAR’s Participation Rule, requiring listing agents to make a blanket offer of compensation to buyers’ brokers in order to list a property on the MLS. “By

MLS 400

MLS Residential Brokerage Agents 400

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. Non-MLS listings, including by REX, are relegated to other listings.

Purchase and sale agreement 381

Purchase and sale agreement MLS Brokerage Residential 381

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.

MLS 318

MLS Brokerage Property Management Agents 318

Housing Wire

APRIL 26, 2021

The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month. Glide, which was founded in 2017, provides tools like eSignature and the digitization of sales processing forms. Unclear is whether the California MLS may renege its relationship with Glide.

Purchase and sale agreement 381

Purchase and sale agreement Agents Brokerage MLS 381

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. Who’s most exposed? If 1 million agents disappear?

Agents 471

Agents Purchase and sale agreement Brokerage Finance 471

Housing Wire

MAY 3, 2021

“Zillow essentially concedes that NAR and MLS’s antiquated, anticompetitive rules are bad for consumers, but chose to close ranks and enforce them anyway.”. REX has argued that this “other” is pejorative and an attempt by NAR member brokerages to increase an anti-competitive stranglehold on home sales.

Brokerage 382

Brokerage Residential MLS Agents 382

Housing Wire

AUGUST 7, 2023

Residential property transactions are manufactured with data components assembled from disconnected and diverse sources. 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.

Lending 368

Lending Loans Technology Brokerage 368

Housing Wire

JUNE 8, 2022

Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood. The monitoring program, covering all 50 states, includes MLS listing data as well as public records from data aggregators.

Short sale 365

Short sale MLS Banks Loans 365

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Lending 370

Lending Title Mortgages Equity 370

Broke Agent Media

JANUARY 24, 2023

BAM Key Details: California Regional MLS, REcolorado and Bright MLS have combined forces to create Nestfully, which is set to launch in Q1 2023. The portal, designed and run by the residential real estate industry, is designed to offer “pristine listing data” for consumers—and will provide leads to brokerages for free.

MLS 98

MLS Brokerage Residential Design 98

HomeLight

DECEMBER 8, 2022

Links and mentions of Connecticut flat fee MLS listing companies should not be considered an endorsement. That’s where flat fee MLS listing services come in. Read on to learn more about these services — and whether working with one of these companies makes sense for your FSBO Connecticut home sale. Get Started.

MLS 85

MLS Purchase and sale agreement Agents Sales 85

HomeLight

NOVEMBER 3, 2022

Links and mentions of North Carolina flat fee MLS companies in this post do not constitute an endorsement. Real estate agents market their listings on the multiple listing service (MLS) as part of their marketing strategy – something FSBO (for sale by owner) sellers cannot do on their own. What is a flat fee MLS listing service?

MLS 84

MLS Purchase and sale agreement Agents Sales 84

RIS Media

NOVEMBER 17, 2020

Although it’s standard to upload for-sale listings to the MLS, they are highly underutilized in the rental space. Here are three reasons why you should put your rentals on the MLS: 1. By putting your rentals on the MLS, you provide more tenants with the opportunity to find your listed properties.

MLS 98

MLS Branding Agents Technology 98

HomeLight

MARCH 30, 2022

There are over 106,500 real estate brokerages and over 3 million real estate agents in the U.S. To best meet your homeownership needs, the real estate company you choose should have expertise in the local market, a high number of home sales under their belt, a quick turnaround on home sales, and a track record of ethical transactions.

Residential 82

Residential Brokerage Purchase and sale agreement Agents 82

Realty Biz

MARCH 21, 2023

Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second consecutive month, according to February 2023 statistics released today by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) systems.

Sales 101

Sales MLS Short sale Residential 101

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 98

Brokerage Technology MLS Branding 98

RIS Media

NOVEMBER 23, 2020

Although it’s standard to upload for-sale listings to the MLS, they are highly underutilized in the rental space. Here are three reasons why you should put your rentals on the MLS: You gain competitive advantage in the rental space. In fact, approximately only 370 of 571 MLSs across the U.S. feature rental listings.

MLS 97

MLS Branding Agents Residential 97

Realty Biz

MAY 21, 2023

Miami-Dade County $1 million+ luxury home sales continued outperforming pre-pandemic levels as total median sale prices rose once again as the market leads the nation in real estate appreciation, according to April 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales 92

Sales Short sale Fixed-rate mortgage MLS 92

Realty Biz

SEPTEMBER 28, 2023

in Greencastle, Indiana, the boutique brokerage serves residents in Central Indiana from the Indianapolis metropolitan area to Terre Haute, Lafayette and Bloomington and everywhere in between. Established in 2017, the brokerage is led by broker/owner and CEO Eric Wolfe, who has more than 15 years of real estate experience.

Brokerage 67

Brokerage Branding Technology Residential 67

Broke Agent Media

MARCH 30, 2023

There are now seven plaintiffs, all home sellers who take issue with NAR policies, including the policy that requires listing brokers to offer buyer brokers a commission in order to list a property on the MLS. In an email statement to Inman , NAR spokesperson Mantill Williams expressed disappointment over the court decision. “Pro-competitive,

MLS 98

MLS Residential Agents Equity 98

Realty Biz

OCTOBER 12, 2022

Greenfield & Behr Residential, a leading independent real estate company in Winchester and Frederick County, VA, announced today it has merged with Coldwell Banker Premier, a regional powerhouse serving Virginia, West Virginia, Delaware, Maryland, North Carolina, Washington, D.C. and Pennsylvania. And we did it,” Greenfield said. “We

Residential 81

Residential Commercial Branding Agents 81

HomeLight

SEPTEMBER 20, 2022

Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales. What is a short sale?

Short sale 84

Short sale Sales Pre-approval Equity 84

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? Is it no longer for sale? Although the house is no longer listed on the MLS, you might not be entirely out of luck.

MLS 97

MLS As-is Agents Sales 97

Realty Biz

DECEMBER 26, 2022

Miami-Dade County real estate has already posted the 4th best total home sales year ever and with another calendar month to go, it is poised to end 2022 as its second-biggest sales year ever, according to November 2022 statistics from the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales 92

Sales Short sale Mortgages Fixed-rate mortgage 92

RIS Media

FEBRUARY 25, 2022

Sponsored By: Moderated By: Moderated by: Creig Northrop is the founder and chief executive officer of Northrop Realty, one of the nation’s most successful residential real estate brokers. They’ve expanded to 13 regional offices, including three new offices in Delaware and 300+ agents resulting in over $3 billion in sales.

MLS 98

MLS Brokerage Industrial Residential 98

GeekEstate

MAY 9, 2022

Brokerages have long been reluctant to invest in structured and personalized career development programs due to a desire to keep costs down and fear of agents leaving their firm. In that role, I had the privilege of meeting and recruiting 1,500 top performing teams and agents from the smallest to the largest brokerages.

Brokerage 120

Brokerage Residential MLS Agents 120

Realty Biz

SEPTEMBER 23, 2021

Miami-Dade County real estate broke another record, posting its best August sales month in history as pent-up demand, more U.S. individuals and companies moving to South Florida, and record-low mortgage rates continue fueling transactions, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales 104

Sales Fixed-rate mortgage Short sale Equity 104

Notorious ROB

DECEMBER 29, 2022

Second, Eric Wu revealed that the original business plan for Opendoor was not ( as I had thought ) going after mortgage, but going after the MLS : Launching a managed marketplace has been our plan since we founded the company. And whether the MLS itself is a nonprofit or a for-profit, most of them operate as if they are nonprofits.

MLS 98

MLS Brokerage Branding Industrial 98

Notorious ROB

SEPTEMBER 27, 2022

.” Those phrases came to mind as I was reading the media confirmation of something I had known for a while, but could not discuss, because it wasn’t public: the breakup between BPP (Broker Public Portal) and Homesnap , the division of CoStar that was leading the effort to build a partnership between CoStar and the MLS community.

MLS 87

MLS Residential Commercial Agents 87

RIS Media

MAY 25, 2023

As stubborn macro-economic issues continue to decelerate residential real estate sales, brokers are retooling their strategies and business plans to keep agents productive and company revenue in the black.

Residential 98

Residential Brokerage Agents Sales 98

Realty Biz

JUNE 24, 2022

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami’s existing condo sales decreased 7.9% June 2021 remains No.

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

Notorious ROB

DECEMBER 19, 2022

Opendoor Opens the Door to a New National MLS. Those are not agent listings sourced from an MLS via IDX feed. If buyers don’t know about my home for sale, and certainly their buyer agent belonging to the local MLS isn’t going to tell them because the home is not in the local MLS, then how do I get any traction?

MLS 79

MLS Agents Pre-approval Brokerage 79

Notorious ROB

SEPTEMBER 1, 2022

But that tweet got a bunch of responses, most of them doing things like pointing out that because home sale prices were dramatically different in 2022 vs. 2000, the increase in membership made sense. We all know why: the Bubble was inflating during that time, and it was a gold rush into residential real estate. That’s 20 years.

MLS 98

MLS Brokerage Agents Industrial 98

HomeLight

SEPTEMBER 9, 2022

If you’re regretting putting up your house for sale, you may be wondering if you can pull your listing. You can take down the for-sale sign, terminate your listing agreement with your agent, and remove online evidence of your listing so long as you haven’t already gone under contract with a buyer. Let’s get started. Megan Hill.

Marketing 95

Marketing MLS Days on market Agents 95

Housing Wire

DECEMBER 23, 2021

websites for office space — LoopNet , and residential rentals — Apartments.com , generating revenue from subscriptions by landlords and commercial brokers. CoStar has not significantly grabbed market share of for-sale residential, perhaps the largest total addressable market in U.S. Also, CoStar owns the most trafficked U.S.

Brokerage 388

Brokerage Commercial Residential MLS 388