Housing Wire

OCTOBER 24, 2023

Agent-client collaboration platform RealScout announced the launch of RealScout Pro+ on Tuesday, the first significant update to the platform since it was founded in 2012. “It Our customers for many years have said, ‘I also work with sellers, can we nurture them as well?’”

Sellers 328

Sellers Home Value Client Relationships Agents 328

Housing Wire

MARCH 22, 2024

I’m sharing a transformative announcement with you today, one that marks a new era for RealTrends and propels forward the vision of bringing transparency to what it means to be a top-performing real estate brokerage, team or agent. You work hard to serve clients and grow your business. Your home sellers and buyers research you online.

Brokerage 408

Brokerage Real Estate Agents Sellers 408

Housing Wire

OCTOBER 19, 2023

1, REBNY rules will prevent the listing brokers from paying buyer agents and instead will require sellers to pay commissions directly. The rule will require listing agreements to clearly outline the seller’s offer of compensation to the buyer’s agent. Starting Jan.

Sellers 427

Sellers Agents Brokerage Real Estate 427

Housing Wire

SEPTEMBER 28, 2023

The allure of the name recognition of large national brands is causing many independent brokerages to affiliate as mortgage rates rise and housing inventory remains low. The brokerage, which was founded in 1976 by Gene Boone, will now be known as RE/MAX Foxfire.

Brokerage 377

Brokerage Technology Agents Training 377

Housing Wire

MAY 9, 2024

Wood, who is overseeing the Batton suit as well as the Moehrl home seller commission lawsuit , said this request was “neither necessary nor appropriate.” We will continue to focus on what we do best: empowering real estate entrepreneurs so they can deliver exceptional value to their clients.” On Wednesday afternoon, Judge Andrea R.

Brokerage 383

Brokerage Realty Sellers Real Estate 383

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 misconception obscures the reality that, historically, buyers lacked formal representation.

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Real Estate Buyers Agents Sellers 475

Housing Wire

MARCH 22, 2024

Based on NAR’s settlement, agents working with buyers will need a signed buyer representation agreement starting in mid-July, pending final court approval of the settlement. Bills Clarke said this is exactly how agents already work with sellers, so it shouldn’t be a big deal to implement buyer agreements into a business. “We

Buyers 473

Buyers Contracts Real Estate Agents 473

Housing Wire

OCTOBER 4, 2023

California-based home equity investment firm Splitero launched its own real estate brokerage , Splitero Homes, this week. Clients must retain a stake of at least 20% in their homes. Hence, Splitero Homes will primarily serve sellers of homes that are already clients of Splitero Funding , the home equity investment business.

Brokerage 377

Brokerage Real Estate Investing Sellers 377

Housing Wire

AUGUST 28, 2020

The line between traditional iBuyer and brokerage is getting ever-so-blurry for venture-backed startup Opendoor. Home Reserve , launched in May, enables Opendoor to list sellers’ homes while purchasing and reserving their next home with all-cash offers. ” The post Opendoor launches… a brokerage?

Brokerage 535

Brokerage Real Estate Agent Agents Real Estate 535

Housing Wire

JULY 21, 2023

The nation’s second largest multiple listing service , Bright MLS , will begin allowing listing agents to put in a blanket offer of compensation for buyer brokers of zero dollars or more, starting on August 9. While Bright MLS, which serves clients in Delaware, Pennsylvania, Maryland, Virginia, New Jersey, Washington, D.C.,

Buyers 370

Buyers Clients Sellers Realtors 370

Housing Wire

FEBRUARY 8, 2023

Homelendia Mortgage LLC, a Florida-based mortgage brokerage franchisor, launched its mortgage brokerage franchises this week, offering individual unit and regional opportunities to qualified individuals, teams, brokerages and loan originators. That changes now,” Homelendia CEO Frank Chimento said in a press release.

Brokerage 351

Brokerage Mortgage Training Lending 351

Housing Wire

MARCH 22, 2024

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. If you want a shot at generating seller leads online, you need one, too.

Real Estate 394

Real Estate Sellers Real Estate Agent Tools 394

Housing Wire

MARCH 18, 2024

Honing new skills With the settlement agreement including terms like a mandatory buyer agency agreement and a ban on displaying offers of cooperative compensation via listings on the MLS, it is understandable that some agents would like more guidance from NAR on what these terms will look like in practice. More off-MLS listings?

Brokerage 409

Brokerage Real Estate Agents Sellers 409

Inman

MAY 16, 2024

Unique, engaging and highly specific content can make you a trusted resource for buyers and sellers locally and regionally, Chicago broker David Marden writes.

Clients 148

Clients Brokerage Sellers Buyers 148

Housing Wire

FEBRUARY 27, 2024

At the 2024 Keller Williams Family Reunion event in Las Vegas, co-founder and executive chairman Gary Keller took the stage on Tuesday and spoke to a room full of real estate agents about the importance of buyer agency agreements within the context of the ongoing antitrust lawsuits. You are being accused of not being transparent. “If

Buyers 412

Buyers Agents Real Estate Agent Clients 412

Housing Wire

APRIL 23, 2024

At the top of industry leaders’ minds for how the outcome of these lawsuits will potentially harm consumers is how buyers will be able to afford and pay for buyer representation. “I That means the industry may see more buyers go unrepresented, as well as a potential uptick in dual agency transactions. “I

Brokerage 319

Brokerage Sellers Buyers Agents 319

Inman

MAY 6, 2024

Powered by the latest polling results from the Inman Intel Index, this wide-ranging guide explores how brokerages are steeling themselves for a new type of client: the buyer's-fee-evading seller.

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Sellers Brokerage Agents Buyers 121

Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. Last year , over 60 real estate brokerage firms or real estate teams made the list, but this number shrank to just 36 in 2023. The self-reported list ranks U.S. 186 spot on the Inc.

Brokerage 369

Brokerage Real Estate Realty Real Estate Agent 369

Housing Wire

OCTOBER 16, 2023

At the crux of the case is the allegation that commission rates are too high, it’s unfair that the seller pays the buyer’s agent’s commission, and that the National Association of Realtors’ (NAR) Code of Conduct and MLS Handbook lead to set pricing. ” What’s at stake?

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Buyers Brokerage Agents Realtors 454

Housing Wire

MAY 14, 2024

We found that buyers stepping into the 2024 housing market have much to learn from previous shoppers,” the report stated. Even after navigating the climate of higher mortgage rates and a dearth of available listings, 82% of recent buyers had regrets about their purchase, Clever reported.

Real Estate Agent 461

Real Estate Agent Agents Real Estate Buyers 461

Housing Wire

MAY 29, 2024

Coldwell Banker Realty , a New England-based residential real estate brokerage , welcomed James F. Wood, the brokerage announced on Tuesday. I am passionate about providing white-glove service to my buyers and sellers, and Coldwell Banker Realty will enable me to enhance that important aspect of my business,” Wood said.

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Realty Agents Luxury Properties Brokerage 269

Housing Wire

NOVEMBER 23, 2022

What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. In a high-rate environment, lenders call the temporary rate buydown a win-win strategy for both sellers and buyers when used appropriately. in the second year.

Buyers 469

Buyers Marketing Sellers Loan Officers 469

Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Snatching up first-time homebuyers is akin to striking gold — since developing a relationship with them can mean a loyal client for life. Of course, you can’t do everything — but consistency is important.

Real Estate 389

Real Estate Buyers Tools Real Estate Agent 389

Housing Wire

JANUARY 29, 2024

Imagine if you could bottle the enthusiasm your clients have for working with you and use it to capture new business in 2024. In this article, we’ll show how to procure top-notch client testimonials, where and how to share them, and how to leverage them to bolster your reputation and close more deals in 2024.

Real Estate 401

Real Estate Clients Real Estate Agent Agents 401

Housing Wire

MAY 2, 2024

Luxury brokerage Engel & Volkers Atlanta is expanding its footprint in the Georgia capital through the acquisition of AtHome & Co., will allow us to further our reach and deliver the highest quality service to more buyers and sellers.” the company announced on Wednesday. The addition of AtHome & Co.

Brokerage 349

Brokerage Real Estate Sellers Clients 349

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. District Court in Las Vegas by Nevada home seller Angela Boykin. This would lead to competition among buyer brokers to offer lower commission rates.

Real Estate 413

Real Estate Realtors Realty Brokerage 413

Housing Wire

MAY 16, 2024

The new feature harnesses the capabilities of multimodal artificial intelligence to instantly analyze and summarize complex property documents, including inspection reports, appraisals and seller disclosures. It can also help agents clearly communicate their unique value and services to homebuyers, sellers and others.

Real Estate Agent 361

Real Estate Agent Real Estate Brokerage Sellers 361

Housing Wire

SEPTEMBER 7, 2023

Probably about 60 to 70% of our business comes from referrals from our previous clients,” Chris Gallo, a top producing LO in New Jersey, said. Attorneys, Realtors and clients are a big part of our repeat business.” Finding reliable lending partners takes time and some trial and error, but once established is often the lifeblood of LOs.

Buyers 390

Buyers Agents Loan Officers Real Estate 390

Housing Wire

APRIL 24, 2024

Another brokerage has decided to settle the commission lawsuits. Chicago-based At World Properties , which own @properties and Christie’s International Real Estate , has agreed to settle the nationwide class-action antitrust claims brought by home sellers.

Brokerage 292

Brokerage Real Estate Agents Sellers 292

Housing Wire

APRIL 22, 2024

My name is (your name), and I’m a licensed real estate professional with (your brokerage). Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. We negotiated to get the sellers the highest price possible. Great news!

Real Estate 367

Real Estate Open Houses Brokerage Real Estate Agent 367

Housing Wire

MARCH 15, 2024

In fact, there aren’t many mortgage lenders, builders or real estate brokerages that haven’t at least fleetingly entertained the notion. Good CRE title firms know their clients; understand their clients’ clients and know the markets where their customers operate. buyers and sellers) in a residential deal.

Brokerage 392

Brokerage Real Estate Investors Development 392

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. No other brokerage can offer agents a big traditional split and all the benefits, support, technology and customer introductions that we provide here at Redfin.

Agents 393

Agents Marketing Brokerage Real Estate 393

Housing Wire

NOVEMBER 16, 2022

But Brian Hale, who is assisting several buyers in their hunt for independent mortgage bank acquisition targets, sees an even more brutal landscape ahead. Based on numerous interviews with mergers and acquisitions experts, we dove into the 2023 IMB buyer profile. The plug-and-play and brokerage routes. trillion to $1.7

Buyers 406

Buyers Mortgage Sellers Investing 406

Housing Wire

APRIL 22, 2024

In turn, this will allow agents to provide even more value to their clients. Additionally, Florance believes this model will succeed because it focuses on selling homes and building brands for both agents and brokerage firms. The lead diversion model has genericized real estate brokerages,” Florance said. Brands matter.”

Real Estate 337

Real Estate Brokerage Agents Real Estate Agent 337

Housing Wire

JULY 19, 2023

Over the past year or so, we have seen an uptick in questions relating to commission disputes between brokers and their clients. A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract. A seller-client cancels a listing.

Real Estate 317

Real Estate Legal Brokerage Clients 317

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 411

Real Estate Brokerage Sellers Law 411

Housing Wire

FEBRUARY 2, 2024

Real estate brokerage eXp Realty has entered into an affiliated business agreement with Orlando, Florida -based title fi r m Citrus Closing Group , according to an announcement on Thursday. “We Citrus Closing Group serves clients in the Florida counties of Lake Seminole, Osceola, Orange, and Brevard.

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Business Realty Brokerage Real Estate 327