Housing Wire

JANUARY 11, 2024

Getting your real estate license in California can take as little as 7.5 We’ll show you how to get a real estate agent in California, taking you through the process step-by-step. You’ll begin by fulfilling the required 135 California real estate course hours.

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Housing Wire

FEBRUARY 28, 2024

The trade group’s legal woes have brought it back to California, where is already facing other commission lawsuits. At the center of the lawsuit is NAR’s Participation Rule, which requires listing brokers to make a blanket offer of compensation to buyer’s brokers in order to list a property on a Realtor association affiliated MLS.

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Housing Wire

JANUARY 19, 2024

Real estate professionals in California are facing yet another commission lawsuit. the copycat suit alleges that real estate industry players have colluded to artificially inflate real estate agent commissions. Lyon & Associates , Guide Real Estate , Paul M. Filed on Thursday in U.S.

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Housing Wire

NOVEMBER 20, 2023

The National Association of Realtors officially installed its new leadership team for 2024 at the trade organization’s annual conference, NAR NXT, in Anaheim, California, last week. Kasper, broker/owner of Berkshire Hathaway HomeServices Silverhawk Realty in Nampa, Idaho , has served on NAR ’s board of directors since 2016.

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Housing Wire

MARCH 7, 2024

On Thursday, the Anywhere brand announced that Northern California firm Vista Real Estate had joined the Sotheby’s network. The Redding, California-based firm will now operate as Shasta Sotheby’s International Realty. This marks Sotheby’s 111th office in California.

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Housing Wire

OCTOBER 13, 2023

Indie brokerage Legends Real Estate has joined The Real Brokerage , expanding Real’s footprint in No rt hern California. Industry veteran John Pope founded the Sacramento-based brokerage in 2020 and will serve as a regional broker for Real. Legends has 56 agents.

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Housing Wire

JANUARY 16, 2024

Northern California’s copycat commission lawsuit , known as Grace after its lead plaintiffs, has gained five additional defendants. According to the amended complaint, the firm does “substantial business” the Northern District of California. District Court for Northern California in early December. 8, 2019, and the present.

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Housing Wire

JANUARY 9, 2024

Sandra Hines and Blake Waggoner from The Hines Group will join as senior broker and broker, respectively, and Dave Janssens will join as managing broker at the California -based brokerage led by Mauricio Umansky. Janssens also stood out for his productivity as a broker at Sotheby’s. million in real estate.

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Housing Wire

DECEMBER 12, 2023

A home seller plaintiff in California filed an antitrust lawsuit on Friday in U.S. District Court for Northern California, accusing the real estate industry of colluding to artificially inflate real estate agent commissions. The copycat commission lawsuits have made it to the West Coast.

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Housing Wire

JANUARY 12, 2024

Agents and brokers in Colorado will soon be able to view listings and share their own listings, with real estate professionals in four other metro areas. REcolorado , the state’s largest multiple listing service , announced new data sharing partnerships with four other MLSs on Thursday.

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Housing Wire

FEBRUARY 23, 2024

For many real estate agents, a logical step on their path of professional development is becoming a real estate broker, then working as either a managing broker or a broker-owner. Start a real estate school or use your professional expertise to develop your own real estate investment portfolio.

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Housing Wire

MARCH 27, 2024

Nothing sets you up for success like learning the habits and best practices of more experienced agents, brokers and other housing professionals. Here’s a look at 11 real estate conferences and events that should be on your radar this year. What we love: We are biased but The Gathering pulls from a wide net. Link to register 2.

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Housing Wire

APRIL 22, 2024

The transition was announced on Monday afternoon during a session at The Gathering, HousingWire ’s real estate and mortgage conference held in Scottsdale, Arizona. Sierra Pacific, headquartered in California and led by Jim Coffrini, delivered a production volume of $2.5

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Housing Wire

AUGUST 16, 2023

Monterey Bay Properties is joining Compass , a move that will allow the brokerage giant to expand its Northern California operations, the company announced Wednesday. We are delighted to announce an exciting new chapter for Monterey Bay Properties,” John Hickey, a broker-associate at Monterey Bay Properties, said in a statement.

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Housing Wire

DECEMBER 15, 2023

Real estate tech firm Prevu announced a Series A financing round Thursday of $6 million. The firm claims to have brokered more than $1.5 billion in real estate transactions over the past six years. “In In October 2022, Prev u acquired mortgage technology assets from shuttered real estate startup Reali.

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Housing Wire

OCTOBER 12, 2021

California Regional MLS announced the relaunch of their integrated “submit offer” feature on Tuesday. CRMLS, the country’s largest MLS , services more than 110,000 real estate professionals in southern California. The relaunch comes in response to demand for the feature from real estate professionals using CRMLS.

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Housing Wire

JANUARY 16, 2024

In addition, Realcomp subscribers will also gain access to CubiCasa’s directory of real estate photographers. By working alongside Realcomp and its MLS Subscribing Brokers, Agents, and Appraisers, we’re able to fill the void by producing more floor plans and thus providing more property data on homes across the country.

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Housing Wire

NOVEMBER 7, 2023

Scott Real Estate has acquired boutique brokerage Sterling Johnston Real Estate , based out of Redmond, Washington. Scott currently has more than 100 offices spread across Washington , Oregon, Idaho and California, according to the brokerage’s website. West Coast juggernaut independent brokerage John L.

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Housing Wire

JANUARY 25, 2024

According to court documents filed on Wednesday, The PLS.com (the “P” stands for property and not pocket), has reached a settlement agreement with Bright MLS , Midwest Real Estate Data and California Regional Multiple Listing Service. As of Thursday morning, the details of the settlement have not yet been disclosed.

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Housing Wire

AUGUST 17, 2023

The Consumer Finance Protection Bureau (CFPB) issued orders against Freedom Mortgage Corporation and Realty Connect USA Long Island for illegal kickbacks on Thursday, the first enforcement action associated with the 1974 Real Estate Settlement Procedures Act in six years. Freedom must pay $1.75 million fine.

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Inman

MAY 23, 2024

Find out how this California broker was inspired to start a career in real estate because of the great agents she worked with as a client.

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Housing Wire

FEBRUARY 13, 2024

Launched in 2022 by BrightMLS and California Regional MLS , REdistribute is an MLS-owned company that includes licensed data from more than 40 MLSs. In January 2023, REdistribute announced that it had secured data coverage for 50% of the residential real estate properties in the country. “Our

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Housing Wire

MARCH 18, 2024

In the 24 hours after news broke of the National Association of Realtors’ (NAR) settlement agreement in the commission lawsuits , Doug Danzey, the leader of the eXp Realty -brokered teamerage The Cobalt Group , said the most pervasive emotion among his agents has been panic. “I They are going to be going a lot for negotiation,” Edgerton said.

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Housing Wire

DECEMBER 14, 2023

The Real Estate Standards Organization is welcoming many new and returning board of director members in 2024. The real estate industry is constantly changing and growing, and we need strong leaders to help navigate the wealth of technology at our disposal,” Jensen said in a statement.

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Housing Wire

JANUARY 16, 2024

California-based fix-and-flip lender Anchor Loans launched a third-party originator (TPO) channel to serve mortgage brokers, banks, private and non-qualified mortgage (non-QM) lenders and other referral partners whose clients are home builders, developers and investors.

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Housing Wire

NOVEMBER 8, 2023

Another day and another class-action antitrust commission lawsuit accusing the real estate industry of colluding to inflate real estate agent commissions has been filed. The complaint states the reason for the rule is “to maintain high broker commissions for NAR members at the expense of homebuyers.”

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Housing Wire

SEPTEMBER 19, 2023

Grid151 , a technology products provider for the mortgage and real estate industries, has acquired Simply Secure Sign , an eClosing technology platform, the company announced Tuesday. Maura Healey signed legislation legalizing remote online notarizations ( RON ) last March while California looks poised to pass RON legislation soon.

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Housing Wire

JANUARY 19, 2022

The real estate brokerage has not announced agent hires, but it has tapped a managing broker for the state in John Wollberg. Prior to that, Wollberg spent 12 years as managing director of another Park Avenue-located brokerage, Halstead Real Estate , according to his LinkedIn page. real estate.

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Housing Wire

JANUARY 29, 2024

District Court in Los Angeles decided to place the suit in “inactive status” due to the settlement agreements reached with Bright MLS , California Regional MLS and Midwest Real Estate Data last Wednesday. Holcomb of U.S. Originally filed in May 2020, the lawsuit takes aim at NAR’s ban on pocket listings.

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Housing Wire

NOVEMBER 3, 2023

Real estate commissions are under the microscope. 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. Judge Stephen R. Bough of U.S.

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Housing Wire

JANUARY 10, 2022

PennyMac Financial Services announced today that it’s launching a new technology platform for its broker channel, and it has rebranded its broker division from PennyMac Broker Direct to Pennymac TPO. In the wholesale lending space, there has been a notable push to entice brokers to come onboard. As of Sept.

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Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. “It’s hard for brokers to win deals now. 4-7, in Las Vegas.

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Housing Wire

JANUARY 16, 2024

When the Association of Independent Mortgage Experts (AIME)’s CEO Katie Sweeney established Broker Action Coalition (BAC) – AIME’s grassroots network that initiates communications between mortgage brokers and their legislators – in 2022, it was initially to gauge the industry’s appetite for advocacy and reform.

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Housing Wire

AUGUST 14, 2023

A ransomware attack has crippled Rapattoni, a Southern California data host for property listing information. Santa Rosa-based Bay Area Real Estate Information Service (BAREIS) and other MLSes, who are clients of Rapattoni, fell victim of the cyberattack.

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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. He also worked as an actor.

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Housing Wire

JULY 18, 2023

California Regional Multiple Listing Service (CRMLS) has announced the full release of its REcenterhub dashboard across its three MLS systems: CRMLS Matrix, CRMLS Paragon, and Flexmls. Developed internally by CRMLS, the REcenterhub dashboard introduces a range of new features designed to streamline productivity for real estate professionals.

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Housing Wire

APRIL 26, 2021

Compass announced Monday that it has reached an agreement to buy San Francisco-based real estate transaction platform Glide , a deal that some California real estate agents may feel uneasy about. Unclear is whether the California MLS may renege its relationship with Glide.

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