Remove Best Value Remove Brokerage Remove Buyers Remove Sellers
article thumbnail

RE/MAX settles buyer broker commission lawsuits for $55 million

Housing Wire

Yet another national real estate brokerage firm has reached a settlement agreement in two of the major class action antitrust lawsuits facing the real estate industry. According to the plaintiffs, commission sharing inflates the costs for consumers, in violation of the Sherman Antitrust Act. In fact, the U.S.

Buyers 483
article thumbnail

Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We First, more buyers are using agents in 2023 than in 2003. Second, buyer agreements are not new.

Agents 335
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Industry reacts to Redfin-NAR split: ‘It’s a crack in the wall’

Housing Wire

We started this process back in June when I resigned our NAR board seat, which are appointed to the top 50 brokerages in the country,” Rath told HousingWire in an interview Tuesday. model of local MLS broker marketplaces has long been — and still is — considered the best value in the world.

Realtors 285
article thumbnail

Best real estate apps for agents in 2024

Housing Wire

Think of it as another concierge service to offer your buyers to help you stand out. The Houzz app is an excellent tool to add to your suite of buyer services, helping you stand apart as a professional home consultant–not just an agent.

article thumbnail

How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

Both buyers and sellers value the combined benefits of his individual talents along with membership in one of the most respected real estate firms in New York City. Here, Nicholson promises excellence, knowledge and personalized results for discerning buyers and sellers.

article thumbnail

4 Best real estate schools in Maryland (MD) for 2024

Housing Wire

Kaplan Real Estate Education Best real estate school in Maryland for the best value Overall Rating: 4.4 All Features of Exam Prep Plus + Career Booster Pack, including over 20 how-to videos, new agent job aids, customizable action plan templates, buyer and seller checklists & printed textbook Required 60 hrs of coursework.

article thumbnail

Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]

The Robert Weiler Company

But for commercial real estate developers, brokerage firms, and appraisers, there’s another story hiding in plain sight. If you have a specialty property for sale, you need a specialty property buyer. For our sellers, our most common challenge is assessing a building’s value in the absence of comparable structures and data.

Appraisal 158