Housing Wire

NOVEMBER 1, 2023

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? So how is the uniformity and permanence of buyer agents’ 2-3% rate possible in a free market? billion in Missouri alone.

Clients 423

Clients Agents Buyers Sellers 423

Housing Wire

MARCH 2, 2023

“Prior to the COVID-19 pandemic, it was normal for inventory to rise in February as the spring home sellers began listing their homes and buyers weren’t yet out in force,” Simonsen wrote in his February 13 housing market update. We are seeing some modest increases, but the pressure is still there for the buyers,” Redding said.

Real Estate Agent 382

Real Estate Agent Inventory Real Estate Agents 382

Housing Wire

SEPTEMBER 17, 2021

The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. But buyers shouldn’t get too excited. of offers written by Redfin agents facing competition in August. In August, 58.8%

Buyers 431

Buyers Inventory Real Estate Agent Agents 431

Housing Wire

JUNE 11, 2021

Most of the highest producing real estate agents in the country belong to an established, national brokerage. RealTrends , which is owned by HW Media , on Friday released its annual list of the top 1,000 agents in the country for 2020, with separate tallies for sales volume and the number of deals done.

Agents 424

Agents Brokerage Realty Real Estate 424

Housing Wire

MAY 28, 2021

” How real estate agents can alleviate consumer pain points in a tight market. The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. But that’s not slowing down buyers. from a year ago.

Buyers 414

Buyers Real Estate Agent Real Estate Inventory 414

Housing Wire

APRIL 13, 2021

1 city in population growth for the last eight years and it was the hottest job market in 2019 and 2020, according to the Wall Street Journal. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap.

Housing Market 532

Housing Market Buyers Marketing Real Estate Agent 532

Housing Wire

NOVEMBER 28, 2023

The Husky Homes real estate team, led by Alison Crim, has joined Compass , the company announced on Tuesday. Based in Madison, Wisconsin, the team of eight had been affiliated with Keller Williams Realty Madison East since its debut in 2020. “We The team specializes in buyer and seller representation as well as new construction.

Real Estate Agent 403

Real Estate Agent Real Estate Realty Technology 403

Housing Wire

APRIL 5, 2021

” Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. The post Threat of climate change looms large for some home buyers appeared first on HousingWire. “I had one client in St.

Buyers 450

Buyers Real Estate Agent Real Estate Brokerage 450

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.

Real Estate 407

Real Estate Realtors Realty Brokerage 407

Housing Wire

APRIL 26, 2024

Summary The Millionaire Real Estate Agent Drive with NAR Real Estate Rockstars Podcast The Tom Ferry Podcast Experience Real Trending by HousingWire Elite Agent Secrets The Listings Lab Podcast with Jess Lenouvel Real Estate Training and Coaching School 5AM Call Keeping it Real The full picture 1.

Real Estate 447

Real Estate Agents Real Estate Agent Training 447

McKissock

APRIL 28, 2021

It makes sense, but it can make the real estate process even tougher for buyers. That means it’s often the real estate agent’s job to ease their minds and lighten the situation. Here’s how to handle emotional buyers like the pro that you are. Know Their Problems — and Solve Them.

Real Estate Agent 87

Real Estate Agent Real Estate Buyers Agents 87

Housing Wire

JANUARY 16, 2024

The latest copycat commission lawsuit alleges that real estate industry players in Nevada have colluded to artificially inflate real estate agent commissions. District Court in Las Vegas by Nathaniel Whaley, who sold a home in Las Vegas in April 2022 and paid a buyer broker commission.

Realtors 423

Realtors Real Estate Agent Real Estate Sellers 423

Housing Wire

FEBRUARY 12, 2024

District Court in Utah, accusing real estate industry players of colluding to artificially inflate real estate agent commissions. 9, 2020, and the present, and paid a buyer broker commission. Buyer brokers would thus have to compete with one another by offering a lower commission rate.

Real Estate 422

Real Estate Real Estate Agent Realtors Buyers 422

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. 17, 2020, and the present. A copycat commission lawsuit has been filed in Los Angeles.

Realtors 511

Realtors Brokerage Realty Real Estate 511

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. I wanted to close before May 1, so I selected a buyer who was already in underwriting. Congratulations!” You just sold your house.” And that was that!

Agents 399

Agents Real Estate Agent Brokerage Real Estate 399

Housing Wire

APRIL 23, 2024

That’s kind of evaporated,” Martell said on Tuesday morning in a session during The Gathering , HousingWire’s real estate and mortgage conference held in Scottsdale, Arizona. The company now has a digital HELOC offering. Judge Stephen R. Martell believes there will not be “a zero commission” market.

Mortgage 294

Mortgage Real Estate Agent Real Estate Renovations 294

Housing Wire

JANUARY 9, 2024

District Court in Arizona, Joseph Masiello, an Arizona resident and home seller, accuses several real estate companies of colluding to artificially inflate real estate agent commissions. commission ($10,250) to the buyer broker.” 5, 2020, and the present.

Realty 457

Realty Realtors Real Estate Real Estate Agent 457

Housing Wire

MARCH 18, 2022

The success of iBuyers is the failure of real estate agents. After all, iBuying companies Opendoor , Redfin and formerly Zillow are predicated on home sellers eschewing a listing agent and selling their home to the company. So far, Offerpad’s agents have played a bit role in the company’s growth.

Agents 391

Agents Real Estate Agent Real Estate Sellers 391

Housing Wire

JANUARY 19, 2024

the copycat suit alleges that real estate industry players have colluded to artificially inflate real estate agent commissions. Defendants’ conspiracy inflated buyer broker commissions, which in turn inflated the total commissions paid by Class Members. 18, 2020, and the present.

Realtors 355

Realtors Real Estate Real Estate Agent Buyers 355

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. How much is a part-time real estate agent salary?

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

MAY 10, 2021

Chat with a few real estate agents based in Harrisburg, Pennsylvania — a city ninety minutes from Baltimore and two hours from Philadelphia — and a similar topic will undoubtedly emerge: the capital of the Keystone State has become one of the most popular places to move to in the entire country due to low home prices.

Buyers 224

Buyers Real Estate Agent Real Estate Inventory 224

Housing Wire

SEPTEMBER 11, 2020

Real estate agent safety has been a concern for years, as the job requires showing empty homes or homes occupied by others, and meeting new people, often alone. As September is Realtor Safety Month, the National Association of Realtors has released its 2020 Member Safety Report.

Open Houses 545

Open Houses Realtors Real Estate Agent Agents 545

Housing Wire

MARCH 18, 2021

The progression of homebuying over the past year has seen prospective buyers adjusting their preferred destination plans again, and again, and again. For a time, Colorado Springs became the de facto destination for buyers priced out of living in Denver. Housing professionals need to find ways to better meet buyer needs.

Housing Market 542

Housing Market Marketing Real Estate Agent Buyers 542

Housing Wire

DECEMBER 12, 2023

District Court for Northern California, accusing the real estate industry of colluding to artificially inflate real estate agent commissions. Sellers can sell their home for more and have their home seen by more buyers while buyers have more choices of homes and can afford representation.

Realtors 436

Realtors Sellers Buyers Real Estate 436

Housing Wire

FEBRUARY 16, 2024

The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients.

Sellers 423

Sellers Buyers Real Estate Contracts 423

Housing Wire

JANUARY 9, 2024

Like the other copycat commission lawsuits, the plaintiff James Tuccori, an Illinois resident who purchased a home listed on the local MLS in 2018 with the help of an @properties agent, is accusing real estate industry players of colluding to artificially inflate real estate agent commissions.

Property Management 377

Property Management Real Estate Agents Brokerage 377

Housing Wire

MARCH 5, 2024

An assumable mortgage enables a qualified buyer to take over a seller’s mortgage terms, including the existing balance and interest rate. trillion in mortgages were originated in 2020 and 2021, the Mortgage Bankers Association (MBA) reported. How do you help real estate agents? Raunaq Singh About $8.5

Mortgage 412

Mortgage Buyers Agents Real Estate Agent 412

Housing Wire

NOVEMBER 4, 2022

The share of Black and Asian first-time buyers is down from 6% in 2021, while the share of white first-time buyers is up from 82% and Hispanic homebuyers up from 7%. Conversely, White and Hispanic Americans experienced gains in buyer shares. NAR found the age of repeat buyers increased to 59 years from 56 years last year.

Buyers 364

Buyers Sellers Real Estate Agent Real Estate 364

Housing Wire

JULY 13, 2021

Per a recent Redfin study , 65% of home offers written by company agents in June faced competition, down from a rate of 72.1% But recently, we’ve started to see buyers get cold feet. Two of my buyers just had their offers accepted because the sellers’ first buyers backed out. in May and a peak of 74.1%

Inventory 493

Inventory Housing Market Real Estate Agent Buyers 493

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

Sellers 414

Sellers Buyers Real Estate Agents 414

Housing Wire

JANUARY 4, 2021

If you’re looking to buy a home, you’ll stand the best chance in a buyer’s housing market, where listings are flush, demand is low and buyers have the upper hand — not to mention most of the negotiating power. A buyer’s market in 2021? It’s not likely we’ll see a buyer’s housing market in 2021, at least according to experts.

Housing Market 546

Housing Market Marketing Buyers Real Estate Agent 546

Housing Wire

OCTOBER 6, 2023

” Meanwhile, Windsor Mortgage , which started in the wholesale space in 2020, “do like the state DPA products” and is “coming out with a DSCR [debt-service coverage ratio] ,” Boyd said. The lender, based in South Dakota, offers conventional, FHA and VA loan products, as well as bridge loans.

Mortgage 464

Mortgage Real Estate Agent Renovations Finance 464

Housing Wire

DECEMBER 19, 2023

Originally filed in December 2020, the Nosalek lawsuit , alleges that MLS PIN, Keller Williams and HomeServices of America have colluded to artificially inflate real estate agent commissions. Thus, MLS PIN would continue to organize and facilitate brokers’ blanket, unilateral offers of compensation to buyer brokers.”

Real Estate Agent 364

Real Estate Agent Real Estate Buyers Realtors 364

Housing Wire

MAY 20, 2021

How real estate agents can alleviate consumer pain points in a tight market. The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. However, foreclosure starts and active foreclosure inventory hit new record lows in April.

Mortgage 487

Mortgage Real Estate Agent Inventory Real Estate 487

McKissock

AUGUST 10, 2021

So what does that mean for real estate agents like you? Besides the obvious advice to jump on the TikTok bandwagon to get in front of these smart consumers, Gen Z’s desire to get out of big cities and into urban and suburban areas could mean a growing need for real estate agents in these areas.

Real Estate Agent 52

Real Estate Agent Real Estate Agents Buyers 52

Housing Wire

MARCH 27, 2024

The company collects a 3% buyer agent commission, keeps a third of it, and refunds the rest to the buyer; it does not charge a seller agent commission fee. DR Horton and Dream Finders both ranked in the top 10 in 2019, and Lennar made a top 10 appearance in 2020. Other would-be disruptors have not fared so well.

Brokerage 407

Brokerage Realty Real Estate Inventory 407

Housing Wire

JULY 26, 2021

They also had to pay for the brokerage sign outside their home, newspaper advertising, online ads and the brochures for potential buyers. Home buyers like my mother and father outside the U.S. If a showing is to happen, buyers must make appointments with each seller auctioneer to view those homes. An additional $6,400.

Real Estate Agent 382

Real Estate Agent Real Estate Sellers Legal 382