Housing Wire

DECEMBER 6, 2023

More home sellers on the East Coast are getting in on the commission lawsuit action. 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.

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Realty Realtors Brokerage Real Estate 412

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. According to the filing, Masiello was “required to pay a 2% commission ($8,200) to the seller broker and a 2.5% 5, 2020, and the present.

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Realty Realtors Real Estate Real Estate Agent 455

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.

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Brokerage Agents Realtors Real Estate 416

Housing Wire

JANUARY 16, 2024

In an amended complaint filed on Friday, the plaintiffs’ counsel named Vanguard Properties , Twin Oaks Real Estate , Windermere Real Estate Services Company , Rapisdara & Fox and Realty One Group , as additional defendants in the antitrust suit. 8, 2019, and the present.

Brokerage 351

Brokerage Realtors Realty Real Estate 351

Housing Wire

FEBRUARY 6, 2024

In a document filed on Monday, the counsel for the home seller plaintiff Joseph Masiello notified the federal court in Arizona that it was voluntarily dismissing defendant Walt Danley Local Luxury , an affiliate of Christie’s International Real Estate , from the suit.

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Realty Realtors Real Estate Brokerage 347

Housing Wire

DECEMBER 15, 2023

A copycat commission lawsuit filed on Thursday by home sellers in the United States District Court for the Eastern District of Texas, accuses 47 real estate industry defendants of allegedly conspiring to artificially inflate real estate agent commissions. As the saying goes, everything is bigger in Texas.

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Real Estate Realtors Realty Real Estate Agent 461

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

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Brokerage Realty Real Estate Agents 401

Housing Wire

MARCH 7, 2024

In the initial complaint , Whaley only named Realtor associations and MLSs as defendants. Unlike the Whaley suit, which was filed by a home seller, Batton II was filed by homebuyers. Unlike the Whaley suit, which was filed by a home seller, Batton II was filed by homebuyers. Opendoor did not return a request for comment.

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Realty Real Estate Realtors Brokerage 339

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.

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Realtors Realty Real Estate Brokerage 78

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? It is really going to go backwards.

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Brokerage Real Estate Agents Sellers 387

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.

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Sellers Real Estate Realtors Realty 450

Housing Wire

FEBRUARY 27, 2024

District Court for the Western District of Missouri , the lawsuit is named after its lead plaintiff, Maryland home seller Daniel Umpa. who sold a house on an MLS and used an agent from one of the brokerage defendants between Dec. Filed in late 2023 in the U.S.

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Realty Real Estate Law Brokerage 353

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.

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Realty Realtors Training Clients 74

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. 13, 2019, to the present.

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Real Estate Realtors Realty Buyers 402

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.”

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Realtors Law Agents Real Estate 405

Housing Wire

APRIL 24, 2024

National Association of Realtors , et al., Defendants in the Gibson suit include NAR, Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman. The Umpa suit was filed in late December 2023 by a Maryland home seller.

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Realtors Real Estate Brokerage Law 326

Housing Wire

NOVEMBER 27, 2023

On Wednesday, home seller plaintiffs in northern Georgia filed a class-action antitrust lawsuit accusing real estate industry players of colluding to artificially inflate real estate agent commissions. The rules explicitly forbid negotiations over the buyer broker’s compensation by either the buyer or the paying seller,” the complaint states.

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Real Estate Real Estate Agent Sellers Realty 429

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

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Brokerage Sellers Buyers Agents 292

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. billion in sales volume in 2023, behind only Compass , Anywhere Advisors and eXp Realty.

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Brokerage Agents Real Estate Buyers 425

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.

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Realtors Realty Real Estate Clients 72

Housing Wire

NOVEMBER 10, 2023

It appears that no real estate brokerage firm in the U.S. On Wednesday, Manhattan home seller Monty March filed a lawsuit in U.S. Sloane Square , and Sotheby’s International Realty Affiliates. Noticeably missing from the list is the National Association of Realtors. is safe from a commission lawsuit.

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Real Estate Brokerage Sellers Law 436

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

Housing Wire

NOVEMBER 1, 2023

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?” Lisa Chinatti, the broker-owner of Chinatti Realty , doesn’t share Lamacchia’s optimism.

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 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 to $14.90 million to $14.90

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Buyers Realty Real Estate Realtors 339

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

MARCH 18, 2024

Roomvu , a Canadian-based video marketing platform for residential real estate agents, is partnering with Leading Real Estate Companies of the World (LeadingRE) and Realty One to mark Roomvu’s expansion into the U.S. Our expansion into the U.S. Our expansion into the U.S. Our partnerships with LeadingRE and RealtyOne are just the beginning.

Marketing 345

Marketing Real Estate Real Estate Agent Realtors 345

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

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

Housing Wire

APRIL 9, 2024

Another issue is home sellers’ bias against homebuyers using FHA loans, where offers from non-FHA borrowers are often selected even though lower in price. CHLA commends FHA for its work on its “Mythbusters” initiative, designed to blow up the myths around FHA loans by educating lenders and home sellers. Such opportunities may arise.

Sellers 425

Sellers Realty Insurance Realtors 425

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

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

Housing Wire

MAY 14, 2024

Another issue is home sellers’ bias against buyers using FHA loans, where offers from non-FHA borrowers are often selected even though lower in price. CHLA commends FHA for its work on its “Mythbusters” initiative, designed to blow up the myths around FHA loans by educating lenders and home sellers. Such opportunities may arise.

Sellers 295

Sellers Realty Insurance Realtors 295

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