Housing Wire

APRIL 3, 2024

Real estate listing giants Zillow and CoStar are currently embattled in a fight for listing portal supremacy. The battle began heating up in September 2023 when CoStar’s residential real estate platform Homes.com surpassed 100 million unique monthly visitors, becoming the second most popular listing portal behind Zillow.

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Housing Wire

APRIL 24, 2024

While the real estate industry is forever in flux, one constant is that it’s a relationship business. It’s Social Connect feature will load your CRM with affordable leads using their done-for-you social media ads. Vetted by HousingWire | Our editors independently review the products we recommend.

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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.

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Housing Wire

MAY 2, 2024

Things just keep getting better, according to real estate brokers surveyed for the Q2 2024 HousingWire BrokerPulse survey , with 54% who are “optimistic” about the next three months in residential brokerage, compared to some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey who felt the same.

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Housing Wire

MARCH 13, 2024

Artificial intelligence (AI) tools equip real estate agents with unprecedented capabilities. While ChatGPT has become a go-to tool for many of us, predictive analytics tools offer a more efficient, data-driven approach to generating new client leads. When you buy through our links, we may earn a commission. Need more examples?

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Housing Wire

MARCH 22, 2024

Looking for more listing leads? With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024.

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Housing Wire

MARCH 27, 2024

enjoyed an almost 1,000-listing lead over Keller Williams Jacksonville , its closest rival. Keller Williams Jacksonville, too, held a roughly 1,000-listing lead over the next company in line. In 2023, not only is Watson Realty’s lead gone, but the company has fallen to 3rd place in listings.

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Housing Wire

MARCH 21, 2024

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. These resources are what agents need to serve buyers and sellers well, and let those buyers and sellers keep more of their hard-earned dollars.

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Housing Wire

MAY 3, 2024

RealReports is a real estate platform that gathers property data — including permits, climate risk, rental rates, flood insurance costs, internet providers and speeds, crime statistics, solar potential, liens, zoning details, remodel potential and valuation — in one place.

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Housing Wire

FEBRUARY 16, 2024

A second home seller in Nevada has filed a lawsuit alleging that real estate industry players in the state have colluded to artificially inflate real estate agent commissions. This would lead to competition among buyer brokers to offer lower commission rates. 16, 2020, and the present.

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Boom Town

JANUARY 10, 2020

Successful real estate vets tend to work off of mostly referral business. To successfully transition your buyers into seller leads and repeat clients, you need to play the long game. Think of it as the ability to transition first-time clients into repeat real estate customers. What is the long game exactly?

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Housing Wire

MAY 1, 2024

district court in Florida, accusing HomeServices and its subsidiaries, BHH Affiliates and HSF Affiliates , of conspiring to artificially inflate real estate agent commissions. Lutz, a resident of Colorado, purchased a home in Key Colony, Florida, in 2021 with the help of a buyer’s agent employed by a HomeServices of America franchise.

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Housing Wire

MARCH 14, 2024

Like the Department of Justice , the Federal Reserve has decided to weigh in on the real estate agent commission debate. Because of this, the authors believe buyer agents are then able to “command commission above cost.” buyer’s agent compensation structure deviates from its cost basis in two ways. needs to change.

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Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

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Housing Wire

MARCH 20, 2024

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. This paradigm shift significantly benefited all parties involved.

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Debt-to-income ratio Agents Equity Closing costs 471

Housing Wire

MARCH 22, 2024

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement. As of Jan.

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Housing Wire

NOVEMBER 2, 2023

Real estate agents are always looking for vetted, high-quality leads — and especially so during 2023 market conditions. One of the most efficient ways to acquire leads is to buy them through lead generation providers.

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Housing Wire

JANUARY 5, 2024

Few things affect the real estate market more than the rise and fall of interest rates , which has a ripple effect that directly influences everything from buyer behavior to market trends. How interest rates impact your clients Let’s look at how interest rates can impact buyers, sellers or homeowners looking to refinance.

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Housing Wire

MAY 16, 2024

Property documents offer real estate agents and their clients crucial insights; however, they are often long, full of legalese, and poorly formatted, making them extremely tedious to review and understand,” James Rogers, co-founder and CEO of RealReports, said in a statement. “Now It pulls information from more than 30 data providers.

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Housing Wire

JANUARY 18, 2024

The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate industry of colluding to artificially inflate real estate agent commissions. Lights, camera, lawsuit! A copycat commission lawsuit has been filed in Los Angeles. It was filed on Wednesday in U.S.

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Housing Wire

JANUARY 29, 2024

2023 was the weirdest real estate market on record. Follow a business plan An effective plan includes committing to consistent lead generation , knowing where and how you’ll generate those leads and having an organized database, a schedule reflective of your goals and specific numbers to track.

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Housing Wire

APRIL 23, 2024

Every 12 years, a cosmic thing happens, and agents in all 50 states come due for their real estate continuing education (CE) and licensing renewal. Maintaining your real estate license means taking continuing education courses to fulfill your state licensing board’s requirements, and doing so before your license expires.

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Housing Wire

MAY 1, 2024

The simple answer is that Zillow is wholly focused on solving real consumer problems with software. According to Barton, the “substance of the settlement” is a “very reasonable middle path forward for the industry, where commissions are communicated between sellers and buyers and both parties are better educated.” he posited.

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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.”

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Housing Wire

MARCH 27, 2024

These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” And before getting my real estate license in 2009, I had the same opinion, too. The National Association of Realtors has provided these facts: 86% of buyers purchased their home through a real estate agent or broker.

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Purchase and sale agreement Agents MLS Brokerage 326

Housing Wire

OCTOBER 26, 2023

Real estate conglomerate Anywhere is teaming up with Offerpad to expand the iBuyer ‘s services nationwide, according to an announcement on Thursday. ” Through the partnership, agents and brokers in the Leads Network will be connected with Offerpad customers who are outside of the iBuyer’s current markets.

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Housing Wire

JANUARY 11, 2024

The Real Estate Board of New York is now fighting a second copycat commission lawsuit. In addition to REBNY and Douglas Elliman, the complaint names Christie’s International Real Estate , Brown Harris Stevens , SERHANT. Instead, if a seller wishes to compensate the buyer’s agent, they must pay the agent themselves.

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Housing Wire

NOVEMBER 14, 2023

The commission lawsuits have arrived in Texas , but the QJ Team suit, named after its lead plaintiff, isn’t like your Moehrl , Sitzer/Burnett , March , Gibson or Batton 2 commission lawsuits. The lawsuit accuses its 29 defendants of colluding to artificially inflate real estate agent commissions. 13, 2019, to the present.

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MLS Brokerage Agents As-is 404

Easy Agent Pro

SEPTEMBER 24, 2020

Get the word out that you are every military homebuyer’s dream real estate agent. Need help reaching out to leads? Want to give your real estate marketing some extra oomph? The post Need real estate buyer leads? Not too long ago I was served an ad from a lender in my Facebook feed.

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VA loan Loans Agents Closing costs 83

Housing Wire

NOVEMBER 1, 2023

Just hours after securing a victory for his home seller clients in the landmark Sitzer/Burnett commission lawsuit, Michael Ketchmark, the lead attorney for the plaintiffs, filed another class action antitrust lawsuit against some of the real estate industry’s biggest players, in U.S. District Court for Western Missouri.

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Housing Wire

JANUARY 11, 2024

In the lead up to the Sitzer/Burnett real estate commission trial , the National Association of Realtors expected to prevail. “I There was industry-wide shock when the Missouri jury found NAR, Keller Williams and HomeServices of America liable for colluding to artificially inflate real estate agent commissions.

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Industrial Agents As-is Mortgages 433

Housing Wire

FEBRUARY 23, 2024

Technology is at the core of everyday real estate operations. Real estate professionals handle a plethora of personal data from buyers and sellers, making them enticing targets for cyber threats. Many personal dreams and aspirations take shape in our industry, so safeguarding information is essential.

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Housing Wire

SEPTEMBER 14, 2023

As competitive as real estate can be, it’s also collaborative. But as much as it’s already a core tenet of real estate, collaboration currently presents a unique new opportunity for real estate agents to evolve the way they work with their buyers and sellers. It’s the most logical place to start.

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Housing Wire

MARCH 4, 2024

We know that these higher mortgage rates are deterring buyers, and inventory is building. I still feel like the biggest risk for housing this year is too much inventory growth, with fewer buyers and more sellers. I always emphasize the Altos Rule which says that higher rates lead to greater inventory.

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Housing Wire

SEPTEMBER 11, 2023

To get there, Cliffco, which has been in business since 1987, is going after the non-qualified mortgage ( non-QM ) market and investing in tech to get in front of buyers and non-agent referral partners. Non-QM ripe for the taking Faced with a lack of inventory across the country, lenders have been exploring ways to create new buyers.

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