Housing Wire

NOVEMBER 14, 2023

While the lawsuit does name large corporate brokerage firms as defendants, including Keller Williams , Side , HomeServices of America , and Fathom Realty , the robust defendant list also includes real estate teams, such as The Loken Group and Hexagon Group , as well as an individual broker, Mark Anthony Dimas.

Real Estate 402

Real Estate Realtors Realty Buyers 402

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.

Real Estate 390

Real Estate Brokerage Sellers Law 390

Housing Wire

SEPTEMBER 7, 2023

Leading Real Estate Companies of the World (LeadingRE) has promoted Jessica Edgerton to chief legal officer/executive vice president of industry and learning and Kate Reisinger to chief operating officer. Edgerton and Reisinger will have an impact on the global network of 550-plus independent real estate brokerages.

Legal 348

Legal Brokerage Real Estate Modernization 348

Housing Wire

APRIL 2, 2024

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

Agents 295

Agents Brokerage Real Estate Tools 295

Housing Wire

AUGUST 25, 2021

Lone Wolf’s other acquisitions include: W+R Studios , LionDesk , HomeSpotter and Terradatum so that Lone Wolf’s technology suite includes solutions for marketing, CRM, CMA, transaction management, eSignature, brokerage operations, insights and analytics, talent management, as well as ancillary tools and services.

Brokerage 352

Brokerage Real Estate Technology Tools 352

Housing Wire

APRIL 1, 2024

We do see this as a new asset class in the real estate ecosystem and we see it as complementary to traditional debt options that exist today,” Burnett said. The market, however, is expected to grow as HEI companies seek to partner with mortgage lenders and real estate brokerages.

Finance 370

Finance Investing Real Estate Agent Real Estate 370

Housing Wire

DECEMBER 20, 2023

had no involvement in the issuance and or enforcement of NAR rules and that it did not impose those rules, including the Cooperative Compensation Rule, upon its franchisee brokerages or their affiliated independent contractor agents,” attorneys for Keller Williams wrote in the motion that both NAR and HomeServices joined.

Real Estate 325

Real Estate Sellers Realtors Brokerage 325

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. 4, 2019 and the present. More home sellers on the East Coast are getting in on the commission lawsuit action.

Realty 412

Realty Realtors Brokerage Real Estate 412

Housing Wire

NOVEMBER 7, 2023

million after the brokerage paid its commissions and related expenses. Moving forward, we will continue to be opportunistic in our approach to adding to our agent base via selective M&As,” Hart said during the earnings call. Compass also requires their agents to ensure buy-side clients sign buyer-broker agreements.

Agents 329

Agents Real Estate Agent Realtors Brokerage 329

Housing Wire

DECEMBER 12, 2023

District Court for Northern California, accusing the real estate industry of colluding to artificially inflate real estate agent commissions. 8, 2019, and the present. Of the brokerage defendants, eXp and Keller Williams were the only firms to comment on the new suit.

Realtors 423

Realtors Sellers Buyers Real Estate 423

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. The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month.

Agents 352

Agents Brokerage Real Estate Agent Realtors 352

Housing Wire

JANUARY 13, 2022

When Missouri federal judge Stephen Bough unsealed a sworn declaration last week from Coldwell Banker CEO Ryan Gorman in a sprawling antitrust lawsuit about real estate commissions, it prompted disquiet among real estate agents, including those who work at Gorman’s company. “My Gorman’s comments confuse me.”.

Brokerage 317

Brokerage Real Estate Agents Real Estate Agent 317

Housing Wire

AUGUST 21, 2023

based firms on percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. The minimum revenues required are $100,000 for 2019 and $2 million for 2022. 193 CertifID 2,807% 2017 A company dedicated to fighting wire fraud for the real estate industry.

Real Estate 349

Real Estate Real Estate Agent Technology Investors 349

Housing Wire

OCTOBER 18, 2023

In the video, Ketchmark showed Keller footage from a KW Family Reunion event where Keller showed a slide showing the average commissions KW agents had earned between 2002 and 2019, to which Keller responded: “We didn’t talk about commissions. In the script the agent responds: “Let me explain what happens when you reduce a commission.

Agents 407

Agents Training Real Estate Real Estate Agent 407

Housing Wire

MARCH 22, 2021

Although the claims were made prior to Compass’s acquisition of Modus, Compass officials said the brokerage was aware of the investigation when it acquired Modus in October 2020 for approximately $50 million. It has lost money each of the past three years, including a $388 million net loss in 2019. In all, Compass has lost $1.1

Insurance 422

Insurance Real Estate Agent Brokerage Real Estate 422

Housing Wire

JANUARY 21, 2022

When the restaurant Tom Hunt worked at as a server temporarily shut down during the spring of 2020 due to the COVID-19 pandemic, he decided it was the right time to pursue his longtime desire of becoming a real estate agent. At the close of 2019, the National Association of Realtors had 1.4 million members.

Agents 367

Agents Real Estate Agent Real Estate Clients 367

Housing Wire

APRIL 12, 2022

Samson is the CEO of Samson Properties , a rapidly growing Northern Virginia-based brokerage. Samson has a different business model and branding than Compass, but both brokerages identify as “agent-centric.”. real estate agent is in peril. In 2019, Donny Samson took over the company from his father.

Brokerage 370

Brokerage Agents Real Estate Insurance 370

Housing Wire

MARCH 1, 2022

In eOriginal’s 2020 Tech100 nomination, the company boasted about the efficiency their ClosingCenter product brought to mortgage lending clients; Fairway achieved 80% faster mortgage acceptance by secondary market investors and also realized a 90% reduction in interest expenses to warehouse lenders for mortgages closed using ClosingCenter.

Real Estate 316

Real Estate Brokerage Real Estate Agent Technology 316

Housing Wire

MARCH 8, 2024

homeowners are “house-rich, cash-poor,” home equity investment firm Hometap provides clients with a way to tap into their home equity instead of selling their home or taking out a loan. Burnett: After being founded in 2017, we made our first investments in 2018 and 2019. Based on the notion that far too many U.S.

Investing 315

Investing Real Estate Agent Marketing Real Estate 315

Housing Wire

MARCH 16, 2022

Parvesh Sahi, senior vice president of business and client development at ICE Mortgage Technology, said that lenders will have a true digital experience that provides efficiency, speed, and cost savings. “We Maxwell connected the popular Encompass LOS to its point-of-sale platform in 2019.

Technology 314

Technology Real Estate Agent Loan Officers Lending 314

Housing Wire

NOVEMBER 3, 2023

The lawsuit, which was originally filed in 2019 and won class-action status in April, alleges that some NAR rules, including one that requires listing brokers to offer buyer brokers a commission to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.

Real Estate 291

Real Estate Brokerage Buyers Property Management 291

Housing Wire

NOVEMBER 30, 2021

The year 2019 taught us that any natural or economic force can wildly shift expectations into the stratosphere. Being able to lead a data-backed pricing discussion with clients helps you all settle on a price that is competitive, fair, and more likely to move.?Guiding Guiding your clients to a price?that Mortgage rates?

Real Estate 421

Real Estate Agents Real Estate Agent Business 421

Housing Wire

JANUARY 27, 2021

For the well-prepared real estate brokerages, this holds a promising future. The fusion of technology, quick sales and incredible demand from the public have created a tsunami of discount-based brokerages trying to fill that public demand. Today, both sellers and buyers expect to handle a majority of the process online.

Real Estate 326

Real Estate Agents Brokerage Sellers 326

Housing Wire

NOVEMBER 22, 2022

It bought a big piece of Lennar’s mortgage arm, Eagle Home Mortgage , in January 2019, expanding its Pacific Northwest and Mountain West market share. The company also acquired the brokerage Superior Rate Mortgage of New England in August 2022, adding more than $400 million in annual sales volume and 48 employees. . It added $1.5

Loan Officers 382

Loan Officers Retail Business Mortgage 382

Raleigh Realty

FEBRUARY 19, 2022

and in order to answer that question, you need to understand how Real Estate Agents make money. If you could go back to your first year as a Real Estate Agent, what advice would you give yourself? If you want that client to be loyal and supportive to you, you will need to find the time to care about them.

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Lamacchia Realty

MARCH 7, 2024

February 2024 Winners of the Top 10 for the Company are: Cheryl Perry is an experienced real estate agent based in Massachusetts and Rhode Island. She began her career in 2010 with a passion for working with people and helping them achieve their real estate objectives.

Realtors 72

Realtors Realty Real Estate Clients 72

Housing Wire

NOVEMBER 2, 2021

Barton, who took over Zillow from Spencer Rascoff in early 2019, and spurred Zillow’s reinvention as an iBuyer, was evidently rattled during Tuesday’s call. Premier Agent generated $359 million in Q3 revenue and the mortgage division raked in $70 million of revenue, and both divisions turned a profit.

Market Value 393

Market Value Real Estate Agent Agents Business 393

Lamacchia Realty

MAY 7, 2024

Her reason for becoming a real estate agent is to continue her desire to work with people and have clients be as happy with their lifestyle as she is providing it to them. Her desire to help her clients earned Shauna the title of Rising Star in the September 2021 issue of the South Shore Real Producers Magazine !

Realtors 72

Realtors Realty Real Estate Clients 72

Lamacchia Realty

JANUARY 3, 2024

Eileen is a member of the Lamacchia Realty 2017 , 2018, 2019 , 2020, 2021, and 2022 President’s Club , and the 2020 , 2021, 2022 President’s Club ELITE. She was awarded Most Transactions and Most Sales Volume in 2018 2019 , 2020 , and 2021 for our Woburn Office. Laurie joined Lamacchia Realty Leominster in the spring of 2019.

Realtors 73

Realtors Realty Real Estate Clients 73

Lamacchia Realty

NOVEMBER 3, 2023

Leslie loves helping people and loves that real estate is a combination of education and professional service! Additionally, Leslie is a member of the 2019 , 2020 and 2021 President’s Club. His focus is on helping buyers and sellers have a stress-free, efficient, and smooth real estate transaction experience.

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

APRIL 8, 2024

Her reason for becoming a real estate agent is to continue her desire to work with people and have clients be as happy with their lifestyle as she is providing it to them. Her desire to help her clients earned Shauna the title of Rising Star in the September 2021 issue of the South Shore Real Producers Magazine !

Realtors 71

Realtors Realty Real Estate Agents 71

Housing Wire

AUGUST 21, 2023

The Compass Cares program is the charitable arm of Compass, a real estate brokerage making big waves in the market. Compass isn’t only focused on national real estate sales, it is looking to make an impact at the local level. million to local charities since 2019. Compass Cares has given back over $2.6

Real Estate Agent 64

Real Estate Agent Real Estate Agents Brokerage 64

Lamacchia Realty

MAY 12, 2022

Behind the incredible REALTORS ® of Lamacchia Realty is a team of over 75 staff members that work tirelessly to support, propel, and operate the independently owned brokerage. Lamacchia Realty views its staff members in the highest regard, fostering the values the full-service, value-based brokerage prides itself on. Sabrina McGrory.

Realty 68

Realty Real Estate Agent Agents Brokerage 68

Lamacchia Realty

JANUARY 14, 2022

Since the office opened in May of 2019 we have continued and will continue to grow at a fast pace. When the Leominster office first opened in 2019 , it took the city of Leominster by storm and quickly rose to the top. When the Leominster office first opened in 2019 , it took the city of Leominster by storm and quickly rose to the top.

Realty 63

Realty Realtors Real Estate Agent Training 63

Lamacchia Realty

SEPTEMBER 7, 2023

Eileen is a member of the Lamacchia Realty 2017 , 2018, 2019 , 2020, 2021, and 2022 President’s Club , and the 2020 , 2021, and 2022 President’s Club ELITE. She was awarded Most Sales and Most Sales Volume in 2018 2019 , 2020 , and 2021 for our Woburn Office. Laurie joined Lamacchia Realty Leominster in the spring of 2019.

Realty 74

Realty Realtors Real Estate Clients 74

Lamacchia Realty

JULY 7, 2021

Her reason for becoming a real estate agent is to continue her desire to work with people and have clients be as happy with their lifestyle as she is providing it to them. Shauna is a member of the 2019 President’s Club and was recognized as a Top Producer for 2020. Lisa was recognized as a Top Producer for 2020.

Realty 68

Realty Agents Realtors Real Estate 68

Housing Wire

AUGUST 3, 2023

The 8th Circuit Court of Appeals’ three-judge panel concurred with a lower district court’s decision that HomeServices is not permitted to enforce arbitration agreements signed by seller clients of franchisees under its authority. Judge Bough will make a final decision about that date at a scheduled September 9 pretrial hearing.

Realtors 310

Realtors Real Estate Buyers Sellers 310