Housing Wire

JANUARY 23, 2024

A large portion of Florida ’s economy relies on tourism, especially as major Orlando-area theme parks including Universal Studios Florida and Walt Disney World. According to the National Low Income Housing Coalition , the Orlando-Kissimmee-Sanford metro area has one of the worst affordable housing shortages in the U.S.,

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Housing Wire

APRIL 24, 2024

Chicago-based At World Properties , which own @properties and Christie’s International Real Estate , has agreed to settle the nationwide class-action antitrust claims brought by home sellers. Another brokerage has decided to settle the commission lawsuits.

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Brokerage MLS Branding Agents 279

Housing Wire

JANUARY 18, 2024

The complaint names 35 entities as defendants, including the National Association of Realtors , local and national brokerages, MLSs and local Realtor associations. Patrick Thurber, a California home seller, is an additional named plaintiff in the suit.

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MLS Brokerage Agents As-is 491

Housing Wire

MARCH 20, 2024

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?

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Housing Wire

NOVEMBER 3, 2023

eXp World Holdings executives did not mention the Sitzer/Burnett verdict in their third quarter earnings presentation on Thursday, but analysts wanted to hear their thoughts on the potential implications. The case targets the defendants across the United States and the plaintiffs would likely be seeking tens of billions of dollars in damages.

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Housing Wire

FEBRUARY 29, 2024

at a policy conference for the National Institute on Retirement Security , Ghilarducci laid out her proposal and a series of what she characterized as “mistruths” about retirement, according to reporting at ThinkAdvisor. ‘It Roosevelt implemented during the Great Depression. Speaking in Washington, D.C.,

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Housing Wire

JANUARY 2, 2024

The National Association of Realtors will respond to this complaint in court.” The cooperative compensation practice makes efficient, transparent, and accessible marketplaces possible,” Mantill Williams, NAR’s vice president of communication, wrote in an email.

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MLS Brokerage Industrial Sales 379

Housing Wire

MARCH 25, 2024

The 13 countries span Europe , North America and Australia , and are considered to be amongst the largest equity release markets in the world.” to the report’s content should be positive, according to an attached statement from Steve Irwin, president of the National Reverse Mortgage Lenders Association (NRMLA). The response in the U.S.

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Equity Marketing Finance Mortgages 402

Housing Wire

APRIL 16, 2024

The second Batton suit was filed in November 2023, just days after the jury verdict in the Sitzer/Burnett suit was announced, and the defendants include Compass , eXp World Holdings , Redfin , Weichert Realtors, United Real Estate , Howard Hanna and Douglas Elliman.

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Housing Wire

MARCH 18, 2024

Roomvu , a Canadian-based video marketing platform for residential real estate agents, is partnering with Leading Real Estate Companies of the World (LeadingRE) and Realty One to mark Roomvu’s expansion into the U.S.

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Marketing Residential Technology Branding 350

Housing Wire

FEBRUARY 27, 2024

He also held several senior executive roles at Kroll Factual Data, a national mortgage information company, including as a senior strategic executive and senior vice president of operations. “I’m We have a rare chance to transform verifications at scale and help lenders keep pace in a fast-changing world.”

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Technology Mortgages Banks Brokerage 316

Housing Wire

DECEMBER 22, 2023

Entering the real estate finance world in the summer of 2022 as a 23-year-old, I immediately felt like a fish out of water. So, what does this mean for the world of real estate finance? What does this mean for the real estate finance world? Relying on and mastering technology has been second nature for myself and my peers.

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Branding Technology Finance Industrial 419

Housing Wire

JANUARY 23, 2024

Mauricio Umansky, founder of The Agency and star of Buying Beverly Hills, and Compass agent and NAR Accountability Project founder Jason Haber are making good on a promise to explore a real estate professional trade organization alternative to the National Association of Realtors.

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Agents Industrial Brokerage Investor 432

Housing Wire

MARCH 4, 2024

HomeServices of America is not a defendant in the Gibson suit, however it is a defendant in the Sitzer/Burnett suit and was found liable for colluding with the National Association of Realtors and other real estate industry players to artificially inflate agent commissions.

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MLS Agents Industrial As-is 354

Housing Wire

NOVEMBER 2, 2023

The National Association of Realtors’ longtime CEO Bob Goldberg is leaving the trade association, multiple sources with knowledge of the situation have confirmed to HousingWire Thursday morning. “We This is a developing story and will be updated throughout the day.

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Development Industrial Closing As-is 463

Housing Wire

NOVEMBER 8, 2023

Known as Batton 2, after the lead plaintiff Mya Batton, the lawsuit accuses Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman of conspiring to artificially inflate agent commissions, resulting in elevated home-buying costs.

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MLS Residential Agents As-is 422

Housing Wire

MARCH 25, 2024

The Best in Business Awards attracted 1,103 entries from 181 news organizations, ranging from international, national and regional news outlets to specialized business publications. Our vision is a world in which housing leaders have a complete view of the housing market, and a broad community of peers with whom they can connect.

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Staging Industrial As-is Agents 337

Housing Wire

NOVEMBER 2, 2023

In regards to the outcome of the Sitzer/Burnett commission lawsuit , Kelman said it was one that Redfin has long prepared for, which he felt was evident in the firm’s commitment to giving consumers a better deal and the announcement of their break from the National Association of Realtors.

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Technology Agents Brokerage Investor 392

Housing Wire

AUGUST 8, 2022

In a recent survey by the National Association of Realtors , floor plans ranked as the third most desired listing feature for homebuyers, after photos and detailed listing information. “In other real estate markets around the world, floor plans are quite common, and we think it’s time the U.S. have floor plans.

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Property Management Technology Inspection As-is 518

Housing Wire

SEPTEMBER 18, 2023

Sellers, buyers, listing agents, and buyer agents will be in an entirely new world where transactions may have a widely different schedule for who is performing what services, how much each person will be paid, and from whom payment will be received. National portals as a replacement? Who will police and enforce Fair Housing standards?

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MLS Brokerage Agents Industrial 409

Housing Wire

MARCH 29, 2024

Defendants in the lawsuit include the National Association of Realtors (NAR), the Real Estate Board of New York (REBNY), HomeServices of America , Compass , eXp World Holdings , Douglas Elliman , Halstead Real Estate , Brown Harris Stevens Residential Sales and Realty One Group.

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Purchase and sale agreement MLS Agents Residential 397

Housing Wire

OCTOBER 5, 2023

Lindsay Listanski, who is the current national vice president of field marketing for Coldwell Banker Realty, will serve as co-chair, alongside Chris, on this new campaign. The organization initially started in partnership with Coldwell Banker , but has since expanded to all of the Anywhere brands.

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Branding Development Industrial As-is 304

Housing Wire

MARCH 22, 2024

Compass has joined the National Association of Realtors , Anywhere , Keller Williams and RE/MAX in settling the commission lawsuits. Other defendants in the suit include eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman.

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Brokerage Agents Development As-is 409

Housing Wire

NOVEMBER 16, 2023

. — Andy Florance, founder and CEO of CoStar Group , wants to set one thing straight: his company had nothing to do with the commission lawsuits now rocking the real estate world. “We shift its homebuying model to something closer to the model used by the rest of the world, Florance said. “If That new reality will see the U.S.

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Agents Industrial Development As-is 396

RIS Media

APRIL 23, 2024

In the latest RISMedia webinar—“How to Diversify Strategies That Break Barriers and Expand Business in a Post-Burnett World”—high-level industry leaders discuss how the real estate industry can and must change after the class-action commission lawsuits.

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Industrial MLS Development 85

Housing Wire

DECEMBER 12, 2023

The National Association of REALTORS will respond to this complaint in court.” Grace is seeking class action status for the suit, with the proposed class being any homeowner who listed and sold a home on BAREIS MLS between Dec. 8, 2019, and the present.

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MLS Brokerage Agents Industrial 429

Housing Wire

SEPTEMBER 19, 2023

Hettich got his start in real estate at a large national brokerage, while Théard has a successful career as an agent at a small local boutique firm. “By By joining Real, we are once again blending the best of both worlds,” Théard said in a statement. Théard and Hettich joined forces in 2017 to create District South.

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Brokerage Agents Sales 360

Housing Wire

SEPTEMBER 28, 2023

is the latest independent brokerage to affiliate with a major national brand. My time working in the hectic business world of Manhattan has taught me just how much people appreciate clear communication and availability,” Cristina said in a statement. Anchor Real Estate of Long Island, Inc.

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Brokerage Branding Agents Industrial 348

Housing Wire

JUNE 10, 2022

Treasury Department , investors from Asian nations lead the charge when it comes to current holdings of “agency” MBS, issued by government-sponsored enterprises (GSEs), such as Fannie Mae and Freddie Mac , or by Ginnie Mae , which is part of the Department of Housing and Urban Development. On that front, according to data from the U.S.

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Investor Mortgages Residential As-is 461

Housing Wire

APRIL 4, 2024

Now, almost three decades after the CRA was first issued, the goal is to “make sure that it can keep pace with the modern world.” “One Chamber of Commerce and five additional trade associations at the state and national levels by halting the implementation of the new CRA rules while deciding the merits of the broader case.

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Banks Finance Lending Loans 227

Housing Wire

OCTOBER 31, 2023

It found the National Association of Realtors , HomeServices of America and Keller Williams guilty of collusion to maintain high commission rates. I think they are going to seek that — that would be their dream world.” Despite the guilty verdict, other than having to pay nearly $1.8 “It’s hard to imagine that in 2.5

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Industrial Design Agents Brokerage 448

Inman

SEPTEMBER 20, 2023

Pam O'Connor retired as CEO of Leading Real Estate Companies of the World and was named one of the top 25 thought leaders by the National Association of Realtors. In this op-ed, she shares her thoughts on the organization, its business model, and makes the case for what else needs to change.

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MLS Brokerage Agents 190

Housing Wire

JUNE 3, 2022

UWM’s CEO played for four years as a backup point guard for National Championship-winning Michigan State from 1998-2002. In June 2021 , UWM, the nation’s largest wholesale lender, announced that it was the new jersey sponsor for the Detroit Pistons. Ishbia, who, according to Bloomberg, has a net worth of $5.45

Mortgages 374

Mortgages As-is Sales 374

Housing Wire

SEPTEMBER 27, 2022

housing market — it now applies to the world economy. While this isn’t a 2022 story for national inventory levels, the last report of the NAR showed a decline from 1.31 The effect on world markets. Now, let’s consider the effect of the Fed’s rate hike on the world markets. Any parts of the U.S. million to 1.28

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Banks Construction As-is Marketing 469

Housing Wire

NOVEMBER 13, 2023

Chuck Cain, senior vice president of the national agency division at FNF Family of Companies, also sees this as a possibility. “It Regina Braga, president of Res/Title , sees the lawsuits potentially leading to a world where lenders may play a larger role in the buy side of the transaction, and that excites her.

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Title Industrial Purchase and sale agreement Agents 383

Housing Wire

OCTOBER 17, 2022

That initial support helped Farmlink to grow from a grassroots student organization in California to a national organization with a dozen employees. Planet Home Lending has funded the planting of more than a quarter million trees in our National Forests over four years via a partnership with the National Forest Foundation.

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Lending Banks Branding Development 360

Housing Wire

JANUARY 25, 2024

I made the decision to put homebuyers first when I moved into the wholesale world, and now, I’m doubling down on my commitment to them and the entire broker community,” Haddad said in a statement. Brokers originated $63 billion in mortgage loans in Q3 2023, down from $67 billion in the previous quarter and $67 billion in Q3 2023.

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Lending Loan Officer Loans Mortgages 365