Housing Wire

MARCH 20, 2024

Like with most things in life, real estate brokerages come in a variety of shapes and size, from white-glove service firms to discount brokerages to flat-fee firms that offer al a carte services. Every big brokerage has some of them, but if you think about some of the most productive agents, a lot of them sit on Compass’ platform.

Brokerage 416

Brokerage Agents Realtors Real Estate 416

Housing Wire

JANUARY 9, 2024

commission ($10,250) to the buyer broker.” Like the other commission lawsuits, the Masiello suit takes aim at the National Association of Realtors’ Participation Rule, which requires listing brokers to make a blanket offer of compensation to the buyer’s broker in order to list a property on a Realtor-affiliated MLS.

Realty 455

Realty Realtors Real Estate Real Estate Agent 455

Housing Wire

DECEMBER 6, 2023

Similar to the other commission lawsuits, the latest two take aim at the National Association of Realtors’ Participation Rule, which requires the listing broker to make a blanket offer of compensation to the buyer’s broker to list the property on the MLS. Both lawsuits are seeking class-action status. 4, 2019 and the present.

Realty 412

Realty Realtors Brokerage Real Estate 412

Housing Wire

MAY 9, 2024

In addition to RE/MAX, Anywhere and Keller Williams, NAR, Douglas Elliman , Realty One Group , At World Properties, Compass , HomeServices of America and The Real Brokerage, have also reached settlement agreements. As part of their settlement agreements, Anywhere, RE/MAX and Keller Williams have agreed to pay $83.5 and the Plaintiffs.”

Brokerage 378

Brokerage Realty Sellers Real Estate 378

Housing Wire

NOVEMBER 3, 2023

In response, Glenn Sanford, the founder and chief executive of the company, which is parent to eXp Realty , expressed concern about low-income homebuyers who may not be able to afford representation “if the rules change too much.” “I But at eXp Realty, transactions were down 8.6% million (down from $4.4 million in Q3 2022).

Buyers 339

Buyers Realty Real Estate Realtors 339

Housing Wire

MARCH 22, 2024

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement. As of Jan.

Buyers 460

Buyers Contracts Real Estate Agents 460

Lamacchia Realty

APRIL 29, 2024

We are pleased to announce that Emerson Realtors out of Auburn, Massachusetts have joined forces with Lamacchia Realty. Emerson Realtors was co-founded by Kevin Maher, a fifth generation REALTOR® whose career spanned an impressive 45 years. We are looking forward to the next chapter for our brokerage.

Realtors 78

Realtors Realty Real Estate Brokerage 78

Housing Wire

MAY 6, 2024

Redfin has joined the growing list of real estate brokerages that have settled the commission lawsuits. brokerage that has saved consumers more than $1.5 The National Association of Realtors has also reached a nationwide settlement of the commission lawsuits. As part of the settlement agreement, Redfin has agreed to pay $9.25

Brokerage 401

Brokerage Realty Real Estate Agents 401

Housing Wire

MARCH 19, 2024

For many real estate brokerages and roughly 1 million Realtors, the nationwide settlement agreement that the National Association of Realtors (NAR) negotiated due to the ongoing commission lawsuits marks the end of their cooperative compensation litigation concerns, at least for the time being. billion ), Douglas Elliman ($42.8

Brokerage 403

Brokerage Real Estate Realtors Legal 403

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

DECEMBER 15, 2023

The suit also names a handful of local multiple listing services (MLSs), including Austin/Central Texas Realty Information Service, Central Texas Multiple Listing Service, Housing Realtors Information Service, and North Texas Real Estate Information Systems.

Real Estate 461

Real Estate Realtors Realty Real Estate Agent 461

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 More off-MLS listings?

Brokerage 387

Brokerage Real Estate Agents Sellers 387

Housing Wire

APRIL 26, 2024

HomeServices of America , the last remaining brokerage defendant in the landmark Sitzer/Burnett antitrust commission case , has agreed to pay $250 million in damages to settle lawsuits that will change agent compensation across America. The DOJ may also file charges separately to prevent any display of buyer agent commissions on any platform.

Brokerage 425

Brokerage Agents Real Estate Buyers 425

Lamacchia Realty

APRIL 19, 2024

April 19, 2024 – Lamacchia Realty is pleased to announce that Lynn Walsh has joined Lamacchia Realty’s Leominster office. With Lynn comes local expertise of her hometown in Lunenburg where she has been the number one REALTOR since 2019, and all surrounding areas in north central Massachusetts.

Realty 74

Realty Realtors Training Clients 74

Housing Wire

JANUARY 2, 2024

Umpa sold his Ohio home with Redfin and his Maryland home with Compass , and the suit states that he “paid a substantial buyer-broker compensation,” in both transactions. Because this blanket offer must be made available to every buyer-broker using the MLS (i.e., The lawsuit is seeking class action status for everyone in the U.S.

Sellers 374

Sellers Brokerage Real Estate Realtors 374

Housing Wire

JANUARY 26, 2024

Sparks and personal insults flew between Anthony Lamacchia , the broker-owner of Lamacchia Realty , and Michael Ketchmark, the lead attorney for the plaintiffs in the Sitzer-Burnett commission lawsuit , during their virtual debate hosted by HousingWire on Friday afternoon. It dehumanizes Realtors and turns us into money-making machines.”

Realtors 405

Realtors Law Agents Real Estate 405

Housing Wire

MARCH 20, 2024

Last week, the National Association of Realtors (NAR) announced a settlement agreement in the Sitzer Burnett case that would take effect in July. The settlement in no way establishes a standard or limitation on Realtors for what they may charge, nor services they elect to deliver. Here’s the truth. Here’s the truth.

Sellers 450

Sellers Real Estate Realtors Realty 450

Housing Wire

APRIL 23, 2024

(Photo Credit: AJ Canaria) While industry leaders may be taking a more optimistic view on some of the changes triggered by the commission lawsuits and how the National Association of Realtors settled them, they still feel strongly that changes to the commission structure will have an overall negative impact on consumers. “I

Brokerage 292

Brokerage Sellers Buyers Agents 292

Housing Wire

NOVEMBER 27, 2023

The defendants in the lawsuit include the usual big-name real estate players, such as the National Association of Realtors , HomeServices of America , Keller Williams , RE/MAX , Christie’s International Real Estate , Anywhere , Compass , Engel & Völkers and HomeSmart. 22, 2019, and the present.

Real Estate 429

Real Estate Real Estate Agent Sellers Realty 429

Housing Wire

MAY 7, 2024

The brokerage posted revenue of $225.5 Redfin’s brokerage revenue hovered around $125 million, up 5% from a year ago. The firm has reportedly recruited more than 130 top-producing agents to join the brokerage under the Redfin Next program. Our brokerage sales initiatives are working,” Kelman said in a statement.

Marketing 325

Marketing Brokerage Advertising Agents 325

Lamacchia Realty

MAY 7, 2024

Lamacchia Realty, Inc. has released its “Top Producing REALTORS®,” for April 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! To learn more about Michelle, click here. Lisa’s passion is helping and giving back.

Realtors 72

Realtors Realty Real Estate Clients 72

Housing Wire

NOVEMBER 1, 2023

Can we ask if the buyer is represented now? Can we even discuss things about the house because if we inform the potential buyer of something about the house that makes them not want the house, even if it isn’t something necessarily bad, are we going against our agreement with our seller?” I do believe they will.

Open Houses 461

Open Houses Brokerage Agents Realtors 461

Lamacchia Realty

APRIL 8, 2024

Lamacchia Realty, Inc. has released its “Top Producing REALTORS®,” for March 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Jason was also named as a Top Producer for 2021 2022 , and 2023.

Realtors 71

Realtors Realty Real Estate Agents 71

Housing Wire

NOVEMBER 10, 2023

It appears that no real estate brokerage firm in the U.S. Sloane Square , and Sotheby’s International Realty Affiliates. Noticeably missing from the list is the National Association of Realtors. Instead, if a seller wishes to compensate the buyer’s agent, they must pay the agent themselves. 8, 2019, and the present.

Real Estate 436

Real Estate Brokerage Sellers Law 436

Lamacchia Realty

FEBRUARY 6, 2024

Lamacchia Realty, Inc. has released its “Top Producing REALTORS®,” for January 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by the office with the highest transaction numbers or sales for the month! Cyndi thrives to make her buyers and sellers her top priority.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

NOVEMBER 15, 2023

Willis joined Keller Williams from Coldwell Banker in 1991, serving in multiple roles during his time with the brokerage. Treble damages could result in NAR and the defendant brokerages paying roughly $5.36 That’s Mark Willis.” He left the company in 2016. He takes over at a critical point in the real estate industry.

Brokerage 406

Brokerage Real Estate Realty Agents 406

Lamacchia Realty

MARCH 7, 2024

Lamacchia Realty, Inc. has released its “Top Producing REALTORS®,” for February 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Cyndi thrives to make her buyers and sellers her top priority.

Realtors 72

Realtors Realty Real Estate Clients 72

Lamacchia Realty

JANUARY 3, 2024

Lamacchia Realty, Inc. has released its “Top Producing REALTORS®,” for December 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Most recently, she officially joined the 2023 Lamacchia Realty President’s Club

Realtors 73

Realtors Realty Real Estate Clients 73

Housing Wire

OCTOBER 26, 2023

She said that HomeServices does not meddle in operations, give advice, or advise on commissions or how the brokerage approaches Realtor association membership. Frazier also told the jury that ReeceNichols does not require agents to be members of the National Association of Realtors , but the local MLS does.

Law 336

Law Agents Brokerage Buyers 336

Lamacchia Realty

JANUARY 11, 2024

Lamacchia Realty, Inc. has released their “Top Producing REALTORS®,” for all of 2023! This program recognizes the Top 10 REALTORS® out of the over 500 agents in Lamacchia Realty by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the year!

Realtors 66

Realtors Realty Real Estate Agents 66

Lamacchia Realty

NOVEMBER 3, 2023

Lamacchia Realty, Inc. has released its “Top Producing REALTORS®,” for October 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Carolyn wants to help as many buyers and sellers achieve their goals as possible.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

JANUARY 19, 2024

Brokerages RE/MAX , Anywhere , Keller Williams , eXp World Holdings , NorCal Gold , Williams L. Unlike other MLSs, MetroList is not exclusively owned or operated by Realtor associations affiliated with the National Association of Realtors. Lyon & Associates , Guide Real Estate , Paul M. 18, 2020, and the present.

Realtors 328

Realtors Real Estate Real Estate Agent Buyers 328

Housing Wire

DECEMBER 20, 2023

The National Association of Realtors , Keller Williams and HomeServices of America , have asked judge Andrea Wood to rule on the suit based on the evidence that has been presented during the discovery period of the proceedings. After almost five years of litigation, it is clear that Keller Williams Realty, Inc.

Real Estate 325

Real Estate Sellers Realtors Brokerage 325

Lamacchia Realty

JANUARY 11, 2023

Lamacchia Realty is proud to announce their ranking as #1 Brokerage overall in Leominster by closed transactions per MLSPIN Brokerage Market Share Report*. Ever since the doors opened in May of 2019 , top ranking titles have been achieved due to the hard work of our highly skilled REALTORS®. I am so proud of them all.

Realty 65

Realty Brokerage Realtors Training 65

Lamacchia Realty

OCTOBER 11, 2023

Lamacchia Realty, Inc. has released its “Top Producing REALTORS®,” for September 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Laurie joined Lamacchia Realty Leominster in the spring of 2019.

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

DECEMBER 5, 2023

Lamacchia Realty, Inc. has released its “Top Producing REALTORS®,” for November 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Click here to learn more about Eileen Doherty.

Realty 73

Realty Realtors Real Estate Agents 73

Housing Wire

MARCH 15, 2024

While many in the real estate industry were surprised by the news Friday morning that the National Association of Realtors had agreed to a nationwide settlement of the commission lawsuits for $418 million, Marty Green, a principal at law firm Polunsky Beitel Green , was not one of them. There is an agreement but what about approval?

Agents 425

Agents Brokerage Advertising Real Estate 425