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Zillow or CoStar? NAR settlement terms could determine a winner

Housing Wire

This discrepancy in stock performance was the latest in the ongoing battle between Zillow and Homes.com for residential listing portal supremacy. Analysts and industry experts attributed the differing stock performances to the business-model discrepancies between Zillow and Homes.com.

MLS 394
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RE/MAX to lean on high agent productivity during turbulent times

Housing Wire

While there are a lot of factors currently affecting the real estate market, one thing remains constant: RE/MAX agents leverage their skills, experience and competitive advantages to serve as many customers as they can,” said Erik Carlson , who was appointed as the firm’s CEO in November. He noted that the average RE/MAX agent closed 11.8

Agents 360
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DataDigest: Yes, buyer agents steer clients, new study claims

Housing Wire

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%. One of the researchers, Will Fried, had a hunch.

Agents 431
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DOJ advocates for prohibition of cooperative compensation in Nosalek commission lawsuit

Housing Wire

The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients.

MLS 431
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Which brokerages will thrive in a post-NAR settlement world?

Housing Wire

While all types of brokerage models see different levels of success in the current real estate environment, industry experts believe this may change due to the terms of the recently negotiated settlement agreement by the National Association of Realtors (NAR) in the commission lawsuits. Fewer agents?

Brokerage 442
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Top five questions to ask a potential real estate agent

Housing Wire

In today’s red-hot market, you need a real estate agent who can get creative, play hardball in negotiations, and help you stand out from the pack in a bidding war. How many other clients are you representing right now? In today’s high-demand market , this question is critical. How has COVID-19 changed down payment options?

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How to negotiate your home purchase offer

Housing Wire

When you’re trying to create a standout offer to buy a home, it’s important to consider the tools and tactics at a buyer’s disposal. Other aspects of an offer, they say, create more opportunities for you to lock in a home – and could make all the difference.