Housing Wire

MAY 8, 2024

Because of an apparent error made by staff at ICE Mortgage Technology ‘s Surefire customer relationship management (CRM) platform, more than 600,000 emails and texts were sent without permission to real estate agents, business partners and past clients of loan officers around the country.

Clients 338

Clients Real Estate Agent Technology Loan Officers 338

Housing Wire

APRIL 22, 2024

To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates. Djon Luxury Real Estate is expanding its sell-side business, training buyer-side real estate agents on the necessary contracts and selling their value to the consumer.

Brokerage 385

Brokerage Real Estate Realtors Real Estate Agent 385

Housing Wire

APRIL 9, 2024

Founded in 1971 by Paul Sears, Sears Real Estate is owned and operated by the family of current National Association of Realtors president Kevin Sears. Not only am I super excited to be working with Brian and Kevin Sears, but also Dan Rodriguez, and James Cichetti along with all the Realtors at Sears Real Estate.

Realty 448

Realty Brokerage Real Estate Realtors 448

Housing Wire

APRIL 23, 2024

“TomAI is helping me more than any other AI tool out there,” Tracy Duggan, a Memphis-based agens and Tom Ferry coaching client, said in a statement. A beta version of the tool launched in August 2023 for Tom Ferry coaching clients. or 8 p.m.”

Tools 341

Tools Real Estate Training Real Estate Agent 341

Housing Wire

DECEMBER 20, 2023

So he did what a lot of retail loan officers in the industry were doing — Mike would reclassify a self-generated lead as a corporate-generated lead, thus slashing his compensation from 125 basis points down to as low as 50 bps, giving him a low enough rate to win the client and eventually close the deal. The lower comp rate stung.

Loan Officers 478

Loan Officers Clients Law Legal 478

Housing Wire

MARCH 21, 2024

While the news of the National Association of Realtors’ settlement agreement in the commission lawsuits may have created panic at some brokerages , local Realtor associations and Multiple Listing Services (MLSs) said they were not only anticipating the news but were prepared for it.

Realtors 411

Realtors Agents Real Estate Logistics 411

Housing Wire

MAY 7, 2024

The coming changes that Poleg referenced are the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement. Overall, revenue from Real’s ancillary businesses rose 104% annually in Q1 2024 to $1.5

Agents 458

Agents Brokerage Training Business 458

Housing Wire

MAY 8, 2024

Lastly, Reffkin noted that since the Sitzer/Burnett jury verdict and the announcement of the National Association of Realtors’ nationwide commission lawsuit settlement agreement in March, the industry has not seen any rapid changes in consumer behavior. “We We are not hearing from agents that any of these numbers are coming down.”

Agents 389

Agents Brokerage Real Estate Clients 389

Lamacchia Realty

APRIL 19, 2024

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. Along with being extremely motivated, Lynn is energetic, warm, and straight forward with her clients and never misses a detail.

Realty 73

Realty Realtors Training Clients 73

Housing Wire

MARCH 22, 2024

Compass has joined the National Association of Realtors , Anywhere , Keller Williams and RE/MAX in settling the commission lawsuits. Additionally, like the three other brokerage firms that have already settled, Compass has agreed to make changes to its business practices as part of the settlement.

Brokerage 456

Brokerage Realtors Agents Clients 456

Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

Buyers 397

Buyers Contracts Agents Realtors 397

Housing Wire

MAY 26, 2023

Whether you believe the worst market conditions are now behind us or that the coming months will remain turbulent, there’s no doubt that title related businesses will need a combination of thrift, ingenuity, innovation and persistence to be successful for the foreseeable future. Compliance isn’t a topic most owners approach with enthusiasm.

Business 312

Business Marketing Law Technology 312

Housing Wire

DECEMBER 12, 2023

In a competitive market, the seller would pay nothing to the buyer broker, who would instead be paid by the buyer (their client), and the total commission paid by the seller would be set at a level to compensate only the seller’s broker,” the complaint states. The National Association of REALTORS will respond to this complaint in court.”

Realtors 469

Realtors Sellers Buyers Real Estate 469

Housing Wire

NOVEMBER 3, 2023

Thanks to provisions in both Anywhere’s and RE/MAX’s settlement agreements , as well as Redfin’s announcement that it would be requiring agents to cancel their National Association of Realtors membership, much of the speculation has focused on what will become of NAR’s 1.5 million members. Certainly there are a lot of places in the U.S.

Realtors 448

Realtors Agents Brokerage Contracts 448

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

Real Estate Agent 415

Real Estate Agent Real Estate Agents Clients 415

Housing Wire

NOVEMBER 2, 2022

Regardless, it’s clear that title businesses will need to compete for their share of that available volume, in large part, by differentiating themselves from the competition. In doing so, these title businesses will very likely be building unique differentiators for themselves , not just for the short term. Processes, or chokepoints?

Business 380

Business Technology Human Resources HOA 380

Housing Wire

APRIL 8, 2024

In addition to the monetary award, Real has also agreed to implement business policy changes as part of the settlement, including “clarifications about the negotiability of commissions, prohibitions on claims that buyer agent services are free, and the inclusion of listing broker compensation offers in communications with clients.”

Brokerage 377

Brokerage Real Estate Agent Real Estate Clients 377

Housing Wire

APRIL 15, 2024

When asked about the language they use to discuss how buyer and seller agent commissions are paid, some of the most common responses included stressing that commissions are and always have been negotiable, and that if the National Association of Realtors’ settlement is approved, some practices may change, but many things are currently unknown.

Inventory 419

Inventory Agents Real Estate Sellers 419

Housing Wire

APRIL 24, 2024

“Settling these claims today allows us to move beyond a very costly litigation process and focus our full time, energy and resources on what matters most: our agents, affiliate brokerages, staff and clients,” Mike Golden, the co-CEO of @properties and Christie’s International Real Estate, said in a statement.

Brokerage 319

Brokerage Real Estate Agents Sellers 319

Housing Wire

FEBRUARY 27, 2024

Like the other commission lawsuits, the Umpa suit alleges that the National Association of Realtors (NAR) and more than a dozen other real estate industry firms have colluded to artificially inflate agent commissions. In the Umpa suit — which is seeking class-action status for everyone in the U.S.

Realty 410

Realty Real Estate Law Brokerage 410

Housing Wire

OCTOBER 27, 2023

the National Association of Realtors (NAR), et al kicked off this week in a Kansas City, Missouri, federal courtroom, there is a lot at stake for consumers and business competition. Further, compensation is set between the brokers and their clients and is always negotiable. As the trial of Burnett v. The list goes on and on.

Real Estate Agent 487

Real Estate Agent Real Estate Realtors Buyers 487

Housing Wire

JANUARY 11, 2024

When Kevin Sears stepped into the role of National Association of Realtors president on Monday following Tracy Kasper’s resignation , he became the trade organization’s third president in a little over four months. In addition to serving his local and state Realtor organizations, Sears has served NAR in multiple roles over the years.

Realtors 411

Realtors Real Estate Legal Law 411

Housing Wire

DECEMBER 27, 2023

She hadn’t started her real estate business there yet, and she was lonely — so to meet new people, she decided to throw a holiday party and invite anyone she could. “I I had parents with kids, owners of the local businesses, whoever I could get to come to our party, and it ended up being such an amazing gathering.”

Real Estate 435

Real Estate Business Advertising Clients 435

Housing Wire

JANUARY 31, 2024

After months of plaintiffs’ lawyers in commission lawsuits claiming that the National Association of Realtors sets real estate agent commissions, the trade group finally decided to, in its words, “set the record straight.” The internet can be a tool, but it is not a replacement for the essential services agents who are Realtors provide.

Real Estate Agent 461

Real Estate Agent Real Estate Realtors Agents 461

Housing Wire

OCTOBER 19, 2021

In a purchase market, there are multiple stakeholders who have vested interests in the transaction – buyers, sellers, Realtors – and originators, all working under time-driven constraints including rate-lock commitments, mortgage-based contingencies and move-in/move out dates which all rely on timely and accurate decisions.

Business 361

Business Clients Technology Training 361

Housing Wire

JANUARY 3, 2024

The vast majority of respondents reported that they have yet to receive any questions about the commission lawsuits and those who have, have only been asked by a handful of clients. Some agents reported not having made any changes to their business due to the lawsuits, while others have. Always will too,” one wrote.

Agents 390

Agents Realtors Clients Real Estate Agent 390

McKissock

APRIL 14, 2021

How many of your real estate clients have used you before in a home sale? A survey by the National Association of REALTORS® (NAR) said 91 percent of buyers would likely use the same real estate sales agent again or recommend them to a friend. Stay in touch with real estate clients. Send your real estate clients goodies.

Real Estate 86

Real Estate Clients Business Real Estate Agent 86

Housing Wire

MARCH 18, 2024

It was a part of the 2022 REACH Canada Cohort, a technology scale-up program backed by the National Association of Realtors (NAR). By leveraging artificial intelligence to produce customizable, hyper-local videos for Realtors, Roomvu is setting a new standard for property marketing,” Thompson said.

Marketing 403

Marketing Real Estate Real Estate Agent Realtors 403

Lamacchia Realty

DECEMBER 18, 2023

AGENT VS. REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. What many consumers don’t realize is there are some key distinctions of a REALTOR® that will benefit them in their real estate endeavors. What is NAR?

Realtors 67

Realtors Agents Real Estate Agent Real Estate 67

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. I was at a listing appointment for a $2.5

Real Estate Agent 457

Real Estate Agent Real Estate Agents Clients 457

Housing Wire

MAY 1, 2024

Just six months ago, when a Missouri jury found HomeServices of America, Keller Williams and the National Association of Realtors (NAR) liable for colluding to artificially inflate real estate agent commissions , the industry’s path forward was very murky. billion in damages, as well as what the judge’s final ruling would look like.

Realtors 379

Realtors Real Estate Agent Real Estate Brokerage 379

Housing Wire

FEBRUARY 14, 2022

In July, the National Association of Realtors reported that 87% of its over 1.5 A Redfin spokesperson said that the company has attracted agents, “Who love customer service, and would rather spend their time working with clients than drumming up new business or doing administrative tasks,” a claim that rang true with Goldberg. “I

Business 367

Business Brokerage Real Estate Agent Agents 367

Lamacchia Realty

FEBRUARY 6, 2024

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! To round out the year, Eileen took home the award for Most Acquired Clients companywide.

Realtors 74

Realtors Realty Real Estate Clients 74

Inman

JUNE 27, 2023

Though renting may come with smaller commissions than selling, working with prospective tenants can still be a profitable part of your real estate business, Philadelphia Realtor Jonathan Pressman writes.

Clients 126

Clients Tenants Realtors Real Estate 126

Housing Wire

APRIL 30, 2024

As the July deadline for the implementation of the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement approaches, the trade organization is looking to iron out some details about buyer broker agreements.

Buyers 485

Buyers Open Houses Sellers Agents 485

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 493

Buyers Contracts Real Estate Agents 493

Housing Wire

MAY 3, 2024

But despite the uncertainty and the soon-to-beimplemented business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , RE/MAX leaders are confident in the brokerage’s ability to succeed in this changing environment. agent count.

Agents 380

Agents Real Estate Training Buyers 380