Housing Wire

MARCH 21, 2023

After 12 months of declines , existing home sales rebounded in February, climbing 14.5% However, existing home sales were still down 22.6% Moreover, we’re seeing stronger sales gains in areas where home prices are decreasing and the local economies are adding jobs.” months of supply at the current sales pace.

Sales 378

Sales MLS Mortgages Marketing 378

Housing Wire

FEBRUARY 21, 2023

Existing home sales started 2023 right where they left off at the end of 2022, dropping for the 12 th consecutive month. In January, the seasonally adjusted sales pace for existing homes dropped 0.7% On a yearly basis, existing home sales were down 36.9% On a yearly basis, existing home sales were down 36.9% in January.

Sales 368

Sales MLS Short sale Marketing 368

RIS Media

MAY 14, 2024

Bright MLS, which covers the mid-Atlantic regions of the eastern United States, has published its latest report chronicling changes (and continuity) in the region’s housing markets. “More… The post Bright MLS Releases Latest Mid-Atlantic Housing Update appeared first on RISMedia.

MLS 115

MLS Mortgages Marketing As-is 115

Housing Wire

JULY 26, 2021

Multiple Listing Services (MLS) by those trying to disparage the system. In the process, they had to rent a home for four months between their sale and their purchase given “simultaneous closings” are not a practice there. Closings within 30 to 45 days is remarkable and typical in most markets here. Compare all that to the U.S.

MLS 382

MLS Purchase and sale agreement Brokerage Closing 382

Housing Wire

APRIL 17, 2024

The latest findings from Relitix’s Agent Movement Index (AMI) for March 2024 reveal a nuanced landscape in the real estate sector, with shifts in agent activities suggesting stabilizing and evolving market conditions. This stabilization is possibly linked to a resurgence in property sales, hinting at a more buoyant housing market ahead.

Agents 410

Agents MLS Brokerage Industrial 410

Housing Wire

FEBRUARY 1, 2021

The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace, according to recent data from the Auction.com Market Validation Program (MVP) for pre-foreclosure sales. Falling Short. More than 1.7

Sales 392

Sales Pre-approval Short sale MLS 392

Housing Wire

NOVEMBER 3, 2023

Speculation is still swirling around what Judge Stephen Bough’s final ruling on the Sitzer/Burnett commission lawsuit will be and how it will impact the industry. that you have to be a Realtor to get access to the Realtor-owned and operated MLS. million members. Certainly there are a lot of places in the U.S. We see some retirements.

MLS 422

MLS Brokerage Agents Industrial 422

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

OCTOBER 20, 2023

In fact, considering inter-family and estate transfers as well as for-sale-by-owners, as many as 20% of all transactions may not include the use of an agent. Despite that, it has less than 1% market share of all transactions. Some say the MLS enables U.S. None of which are geared to police agent conduct in the market.

MLS 423

MLS Brokerage Agents Industrial 423

Housing Wire

APRIL 24, 2024

While the real estate industry is forever in flux, one constant is that it’s a relationship business. An industry favorite for its popular CRM, Top Producer can help you keep in touch with all your prospects with timely text messages, emails, and market reports delivered to their inbox.

MLS 390

MLS Branding Land Agents 390

RIS Media

MAY 18, 2023

Across the Mid-Atlantic markets sellers are holding their driver seat positions in home sales,according to a new report from Bright MLS. Bright MLS’s monthly market report for May found that Sellers who closed on their home in April received an average of 3.5 offers, and 53.5% offers, and 53.5%

MLS 111

MLS Marketing Closing Sales 111

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 Year over year , Compass gained 26 basis points of market share, bringing its total share of home sales in Q1 2024 to 4.76%.

Agents 389

Agents Brokerage Investor MLS 389

RIS Media

APRIL 13, 2023

Caption: RISMedia President and CEO John Featherston discusses market conditions with OneKey CEO Richard Haggerty in this exclusive interview. Coming off of a rocky end to 2022, the real estate industry was hopeful for a better market at the start of 2023.

MLS 97

MLS Marketing Industrial Sales 97

Housing Wire

DECEMBER 6, 2023

Plaintiffs in Florida and Pennsylvania filed lawsuits on Monday, accusing real estate industry players of allegedly colluding to artificially inflate real estate agent commissions. Despite not being affiliated with a Realtor association, West Penn MLS has adopted a rule similar to NAR’s Participation Rule.

MLS 423

MLS Brokerage Agents Industrial 423

Housing Wire

JANUARY 5, 2024

This decline may partially be attributed to the state’s largest MLS , Northwest MLS , not being affiliated with NAR, and the state being home to Redfin , which announced in October that it was asking agents to allow their NAR membership to lapse where possible. million in November 2023 , a 7.3% year-over-year decrease.

MLS 426

MLS Agents Sales Industrial 426

RIS Media

JANUARY 15, 2024

Bright MLS, which covers the American Mid-Atlantic, found that 2023 ended with their local markets showing sparks of life. Pending sales, as of December 2023, numbered 13,109 (0.5% The report suggests… The post Final Bright MLS Housing Report of 2023 Suggests a New Year of Competition appeared first on RISMedia.

MLS 122

MLS Sales Marketing Industrial 122

Housing Wire

MARCH 1, 2023

Through this API integration, users can populate MLS and non-MLS rate flyers in a short period of time using “real-time, scenario-specific mortgage offers” delivered through Polly’s cloud-native Product and Pricing Engine (PPE), according to a prepared statement.

MLS 346

MLS Loan Officer Technology Loans 346

RIS Media

APRIL 21, 2023

OneKey MLS–servicing the southern regions of New York state such as the Hudson Valley, New York City, and Long Island–maintains a monthly report keeping track of changes to the residential real estate market. On April 18, 2023, the MLS released its report covering February to March, 2023.

MLS 98

MLS Residential Marketing Closing 98

RIS Media

OCTOBER 20, 2023

The… The post OneKey MLS Releases Updated New York Home Prices appeared first on RISMedia.

MLS 128

MLS Sales Marketing Industrial 128

Housing Wire

APRIL 26, 2024

NAR, the industry’s de facto trade association, earlier this month agreed to pay $418 million over five years to settle the claims. “This resolution allows us to concentrate on our primary goal: delivering unparalleled value in the real estate market and serving home buyers and sellers with the highest standards of service.”

Brokerage 455

Brokerage MLS Agents Branding 455

Housing Wire

APRIL 15, 2024

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey.

Agents 406

Agents MLS Sales Branding 406

Housing Wire

APRIL 2, 2024

While real estate brokerages have no control over interest rates, transaction levels or home sales prices, they realize that proactive recruiting of agents is a key to success in a slow market. Sales managers often struggle to source enough quality agents to feed the top of their funnel. Data certainly abounds in real estate.

Agents 341

Agents Brokerage MLS Technology 341

Housing Wire

SEPTEMBER 18, 2023

I have spoken numerous times over the past 35 years about the fairness and efficiency of what I refer to as the Realtor marketplace , which is a combination of a multiple listing service with Realtor association oversight, supported by a majority of brokerage firms and sales agents.

MLS 423

MLS Brokerage Agents Industrial 423

Housing Wire

MARCH 25, 2024

There is simply a new NAR rule that applies to all NAR member and NAR MLSs that does not allow cooperative compensation to be offered on the MLS.” According to the panel, the agent would not be allowed to keep the excess funds and the buyer could instead use it to possibly negotiate a lower sale price for the property.

Purchase and sale agreement 423

Purchase and sale agreement Agents Seller concession MLS 423

RIS Media

FEBRUARY 15, 2022

CRS Data has named long-standing team member Sara Cooper to the company’s new Director of the MLS Market role, the company announced. Cooper previously served as the company’s Director of Customer Experience and has an extensive background and understanding of the MLS market, CRS Data stated. and parts of Canada.

MLS 98

MLS Marketing Industrial Development 98

RIS Media

MAY 13, 2024

He also… The post Compass Leader Bullish on Agent Value; Sees Major Sales Rebound Coming appeared first on RISMedia.

Sales 116

Sales Agents Residential Industrial 116

Housing Wire

DECEMBER 8, 2023

Originally filed in late November, the Phillips lawsuit accuses real estate industry players of colluding to artificially inflate real estate agent commissions. Central to the complaint is NAR’s Participation Rule, which requires listing brokers to make a blanket offer of compensation to buyer brokers in order to list a property on the MLS.

Brokerage 423

Brokerage MLS Branding Agents 423

Housing Wire

AUGUST 2, 2023

Mobility Market Intelligence (MMI), a data intelligence and market insight tool provider for the mortgage and real estate industries, has acquired Bonzo – a relationship management and mortgage marketing platform. The company has more than 2,000 clients, according to its website.

MLS 370

MLS Brokerage Mortgages Industrial 370

Housing Wire

MARCH 27, 2024

Pre-pandemic, Jacksonville’s housing market was propelled by strong tailwinds: affordability relative to the rest of the Sunshine State, Florida’s lack of income tax and the quality of life benefits of having a river and oceanfront, to name a few. Listings jumped at both the state and city levels in 2021 and 2022.

Brokerage 428

Brokerage Construction MLS Land 428

Housing Wire

NOVEMBER 27, 2023

On Wednesday, home seller plaintiffs in northern Georgia filed a class-action antitrust lawsuit accusing real estate industry players of colluding to artificially inflate real estate agent commissions. This system, with its veiled surcharges, illegally warps the real estate market.” 22, 2019, and the present.

MLS 441

MLS Brokerage Agents Sales 441

RIS Media

FEBRUARY 11, 2021

CRS Data recently announced it has expanded into the Canadian market with the introduction of the Nova Scotia Association of REALTORS®. The team collaborated to build out and customize the MLS Tax Suite system to service real estate professionals throughout the Province of Nova Scotia. ” Across all regions of the U.S.,

MLS 105

MLS Marketing Sales As-is 105

Housing Wire

NOVEMBER 3, 2023

With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. ” So, he recommends brokerages “manage their companies away from a sales office-based culture.”

MLS 316

MLS Brokerage Property Management Agents 316

RIS Media

FEBRUARY 16, 2022

Massachusetts-based MLS Property Information Network, Inc. MLS PIN), announced Erminio Grasso as its new president and chief executive officer. who has been in the real estate industry for 44 years and grew MLS PIN into an industry leader during her 23-year tenure.

MLS 97

MLS Brokerage Industrial Agents 97

Housing Wire

MARCH 20, 2024

Of these eight companies, CoStar and Zillow are by far the largest by market capitalization. However, the company still makes the vast majority of its revenue – 75% in 2023 – from the services it provides brokers and agents in the for-sale residential market.

Investor 435

Investor Residential Agents MLS 435

RIS Media

APRIL 29, 2022

MoxiWorks has announced that Troy Rech has joined the company as vice president of MLS Sales. Rech’s responsibilities include heading up the MLS sales arm of MoxiWorks and working with local and state REALTOR® associations. The post MoxiWorks Furthers MLS Expansion With New VP appeared first on RISMedia.

MLS 98

MLS Brokerage Technology Sales 98

HomeLight

FEBRUARY 20, 2024

In your journey to find the perfect home, you’ve likely come across the term “off market.” ” But what does off market mean when shopping for a home? Seasoned agents stay plugged into off-market deals and pocket listings. Get Started What does ‘off market’ mean in real estate?

Marketing 93

Marketing MLS Investor Agents 93

RIS Media

MARCH 1, 2024

A new Bright MLS survey of 450-plus agents indicated that seller concessions have increased in the Mid-Atlantic housing market. Those interviewed consisted of agents who have worked with sellers in the past six months across the Bright footprint.

Seller concession 128

Seller concession MLS Marketing Agents 128