Housing Wire

APRIL 22, 2024

(Photo Credit: AJ Canaria) In the real estate industry, the use of generative artificial intelligence has grown beyond just the composition of marketing copy, leading some to question other potential applications. We have a strong opinion on how AI will impact the industry and where it’s going,” Team began.

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Rent, Buy & Sell

MAY 28, 2021

So you’re thinking of starting your own real estate brokerage? I know that brokers always talk about how being an agent is like having your own business, but is it really? In this guide, I’m going to break down the seven most important steps you’ll have to take when starting your own brokerage.

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Housing Wire

JANUARY 11, 2024

Although what lies ahead in the world of real estate and mortgage services in 2024 remains a bit uncertain, it’s now crystal clear that, beyond the already-tired suggestion that we “survive until ’25,” quite a few businesses will be seeking to find additional sources of revenue. Here’s why.

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Housing Wire

JANUARY 4, 2024

After a 2023 of real estate brokers saying they feel “neutral” or “pessimistic” about the housing market, some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey are optimistic that the next three months will be positive. Treble damages could result in the NAR and brokerages paying roughly $5.36

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Housing Wire

APRIL 22, 2024

(Photo Credit: AJ Canaria) Between inflation , an uncertain interest rate environment and legal challenges , the real estate industry is facing unprecedented challenges. My advice is to start simple. In fact, the sweet spot for acquisitions over the next couple of years is going to be the small one-office brokerage firms.”

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Housing Wire

FEBRUARY 1, 2024

Sure, your real estate landing pages look great — but do they convert? A good real estate website includes more than just drool-worthy images of homes priced to sell. Most importantly, your website should be designed with prospective clients in mind, giving them the exact information they need and steps to get in touch.

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Housing Wire

MARCH 15, 2024

At this early stage, it’s unclear how such commissions would be paid since buyers could pay their agents out of their pockets or negotiate commissions as a seller concession in the closing costs. You should be finding buyers before real estate agents anyway.”

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Housing Wire

DECEMBER 14, 2023

Post- Sitzer/Burnett case , you need to not only adapt but also engage in candid conversations that drive your brokerage forward. Post- Sitzer/Burnett case , you need to not only adapt but also engage in candid conversations that drive your brokerage forward. Explain how your strategies equip them with a competitive edge.

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Housing Wire

APRIL 16, 2024

Bellevue, Washington-based real estate investment firm Legacy Group Capital announced this week that it has acquired fintech company Rook Capital , a provider of home equity investment (HEI) products through its “Shared Value Investment” brand. Legacy is privately owned and terms of the deal were not disclosed. “As

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Housing Wire

APRIL 26, 2024

While there is plenty of noise out there, we dug for podcast gold to come up with a list of the best real estate podcasts that are worth your time. We curated a shortlist of the top real estate podcasts that provide useful information for agents at every stage of their careers. Who doesn’t have a podcast these days?

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Housing Wire

MAY 1, 2024

Just six months ago, when a Missouri jury found HomeServices of America, Keller Williams and the National Association of Realtors (NAR) liable for colluding to artificially inflate real estate agent commissions , the industry’s path forward was very murky. billion in damages, as well as what the judge’s final ruling would look like.

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Housing Wire

OCTOBER 17, 2023

A friend of mine is a successful real estate professional in a competitive market. We often discuss changing housing market conditions, and the pressure real estate agents are under to stay relevant in the wake of increased competition. Consider your competition and how they have found success.

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Housing Wire

MARCH 21, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with Shayan Hamidi, CEO of Rechat , to talk about how he picks the right problems to solve, the incredible pace of AI innovation, and finding the joy in work. Sarah Wheeler: Let’s talk about your background, because you have both technology and real estate experience.

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Housing Wire

NOVEMBER 30, 2023

Wondering how to get a real estate license in Ohio in 2024? Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. When you buy through our links, we may earn a commission. minutes per question!)

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Housing Wire

AUGUST 3, 2023

Kofi Nartey, a top real estate broker with a client list of celebrities and prominent athletes, has joined The Real Brokerage as a national growth leader. As part of his role at Real, Nartey will teach agents how to pitch the value proposition of The Real Brokerage.

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Housing Wire

NOVEMBER 16, 2023

I hate to say it, but they can be kind of mercenary in how they go about things, and they look for the best percentages they can.” Due to this, Marx Sterbcow, the managing partner at Sterbcow Law Group , fears the real estate industry may be in for a “death by a thousand cuts.”

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Housing Wire

FEBRUARY 27, 2024

If you’re an agent, team or brokerage looking to keep a pipeline of qualified listing leads coming your way, SmartZip may the solution you need. Let’s learn how. Summary How does SmartZip work? How does SmartZip work? But what if you could find them first? FAQs Is SmartZip right for you?

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Housing Wire

SEPTEMBER 7, 2023

Fast-growing firm The Real Brokerage is making it easier for their agents to take advantage of the company’s revenue share program. This opens opportunities for higher compensations and a more streamlined downline system, the brokerage said. “Just think about that number — I know that is very valuable for all of you.

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Housing Wire

APRIL 9, 2024

On Monday, the independent brokerage announced that it had acquired Springfield, Massachusetts-based Sears Real Estate. Founded in 1971 by Paul Sears, Sears Real Estate is owned and operated by the family of current National Association of Realtors president Kevin Sears.

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Housing Wire

MARCH 20, 2024

Friday’s bombshell – the National Association of Realtors ‘ proposed $418 million settlement of real estate commission lawsuits – set off a frenzy of trading for stocks in the residential real estate sector. Zillow For years, Zillow has dominated online home listings.

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Housing Wire

MARCH 15, 2024

While many in the real estate industry were surprised by the news Friday morning that the National Association of Realtors had agreed to a nationwide settlement of the commission lawsuits for $418 million, Marty Green, a principal at law firm Polunsky Beitel Green , was not one of them. So, we have no concerns about gaining approval.”

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Housing Wire

NOVEMBER 7, 2023

For industry analyst Rob Hahn, this would mean that an independent brokerage who becomes a RE/MAX or Anywhere franchisee prior to the settlement being approved would gain immunity from commission lawsuits. That’s because nothing in the settlement agreement mentions how long a franchisee must be part of the firm to qualify for immunity.

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Housing Wire

FEBRUARY 14, 2024

I am a big believer in developing a brand for your real estate business from Day One. The power of branding in real estate In the real estate world, there’s a prevailing belief that “You are the brand” as an agent. It’s how customers recognize you in the marketplace and distinguish you from your competitors.

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Housing Wire

JULY 27, 2022

The emerging real estate brokerage model is starting to include more and more services in order to stay competitive. But is this what disruption looks like in the real estate space? Or, have brokerages started to focus in on partnering when it comes to innovative decisions?

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Housing Wire

SEPTEMBER 22, 2023

Murphy is not only a legendary football player, he is also a top-producing real estate agent, investor and broker-owner. Below, he spoke with HousingWire about his career in real estate and as a professional football player. He leads TM5 Properties , powered by eXp Realty, which has won the Inc. 5000 several times.

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Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

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Housing Wire

FEBRUARY 14, 2024

Are you interested in pursuing or advancing a real estate career? If you’re new to real estate, you must complete a state-approved course and pass your state’s licensing exam. Aceable Agent is an online real estate school that offers self-paced real estate courses designed for mobile app and web.

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Housing Wire

DECEMBER 7, 2023

Many Massachusetts real estate schools offer online courses. After completing an approved course of study, you’ll be able to sit the state real estate exam. Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.

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Housing Wire

OCTOBER 6, 2023

In a surprising twist, the National Association of Realtors has announced a change in how interprets its Participation Rule, which requires listing brokers to provide buyer brokers an offer of compensation in order to list on the multiple listing service (MLS). Initially filed in April 2019, the lawsuit takes aim at NAR’s Participation Rule.

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Housing Wire

OCTOBER 16, 2023

The long-anticipated Sitzer/Burnett class action commission lawsuit enters its first day in court on Monday, leaving real estate professionals to ponder the fate of today’s cooperation and commission practices. According to Katie Johnson, NAR’s Chief Legal Officer, jury selection started last week and should finish today.

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Housing Wire

AUGUST 26, 2023

Even in an industry that attracts mostly women, like real estate , they still lag behind men in leadership positions. While women make up the majority of the National Association of Realtors® (NAR) membership (66%), they remain underrepresented in leadership roles across their respective brokerages.

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Housing Wire

NOVEMBER 17, 2021

For years, @properties has sat atop Chicago residential real estate, fueling speculation about if and when they might aggressively expand outside Chicagoland. 1, and how much @properties paid to acquire Christie’s was not disclosed. 1, and how much @properties paid to acquire Christie’s was not disclosed.

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Housing Wire

OCTOBER 25, 2021

The excited and at times nervous first-time homebuyers that James Dunn often represents ask him how that whole process of taking out a mortgage works, and Dunn, a Los Angeles-based real estate agent with eXp , replies with a few trusted names. Start an HW+ Membership now for less than $1 a day. Become a member today.

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Housing Wire

JULY 24, 2023

By now, you’ve all heard the buzz about artificial intelligence (AI) and the potential impact on the real estate industry. While it’s certainly buzzworthy technology, it’s been met with reticence in the brokerage world. “We’re starting to make investments into various companies on the edges. .

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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?

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Housing Wire

MARCH 21, 2024

While reverse mortgage volume in 2024 got off to a rocky start, new data that breaks out retail Home Equity Conversion Mortgage (HECM) endorsements versus wholesale production showed that it was the former that took the bigger hit in the first month of the year, based on new data compiled by Reverse Market Insight (RMI). on a per-unit basis.

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Housing Wire

OCTOBER 6, 2023

After roughly a month of speculation, Anywhere Real Estate and RE/MAX made the terms of their proposed settlement agreements in the Moehrl and Sitzer/Burnett buyer broker compensation class action suits public on Friday. In addition to the already publicized $83.5 In addition to the already publicized $83.5 In the Sept.

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