Housing Wire

OCTOBER 5, 2021

According to the National Association of Realtors’ existing home sales report in August, inventory was down 13.4% Low inventory means fewer choices for homebuyers, but for years enterprising real estate agents have worked around tight market conditions by searching for off-market homes that fit their clients’ specifications.

Real Estate Agent 386

Real Estate Agent Real Estate Agents Marketing 386

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. This would lead to competition among buyer brokers to offer lower commission rates. 16, 2020, and the present.

Real Estate 378

Real Estate Realtors Realty Brokerage 378

Housing Wire

JANUARY 18, 2024

The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate industry of colluding to artificially inflate real estate agent commissions. 17, 2020, and the present. It was filed on Wednesday in U.S. District Court in Los Angeles.

Realtors 485

Realtors Brokerage Realty Real Estate 485

Housing Wire

JANUARY 16, 2024

The latest copycat commission lawsuit alleges that real estate industry players in Nevada have colluded to artificially inflate real estate agent commissions. District Court in Las Vegas by Nathaniel Whaley, who sold a home in Las Vegas in April 2022 and paid a buyer broker commission.

Realtors 398

Realtors Real Estate Agent Real Estate Sellers 398

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. This system, with its veiled surcharges, illegally warps the real estate market.”

Real Estate 427

Real Estate Real Estate Agent Sellers Realty 427

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. commission ($10,250) to the buyer broker.” 5, 2020, and the present.

Realty 455

Realty Realtors Real Estate Real Estate Agent 455

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Attorneys, Realtors and clients are a big part of our repeat business.”

Buyers 370

Buyers Agents Loan Officers Real Estate 370

Housing Wire

MAY 1, 2024

district court in Florida, accusing HomeServices and its subsidiaries, BHH Affiliates and HSF Affiliates , of conspiring to artificially inflate real estate agent commissions. Lutz’s attorneys wrote that this has “led to higher home prices paid by buyers.” 1, 1996, and the present. “

Sellers 374

Sellers Realtors Real Estate Agent Real Estate 374

Housing Wire

FEBRUARY 12, 2024

District Court in Utah, accusing real estate industry players of colluding to artificially inflate real estate agent commissions. 9, 2020, and the present, and paid a buyer broker commission. Buyer brokers would thus have to compete with one another by offering a lower commission rate.

Real Estate 401

Real Estate Real Estate Agent Realtors Buyers 401

Housing Wire

DECEMBER 8, 2023

Originally filed in late November, the Phillips lawsuit accuses real estate industry players of colluding to artificially inflate real estate agent commissions. By enforcing this mandate, the NAR establishes an anticompetitive market where sellers are coerced into subsidizing the buyer’s costs. “As

Brokerage 410

Brokerage Realty Real Estate Agent Real Estate 410

Housing Wire

NOVEMBER 14, 2023

The lawsuit accuses its 29 defendants of colluding to artificially inflate real estate agent commissions. In the absence of NAR’s Mandatory Offer of Compensation Rule, the expense of buyer broker commissions would be incurred by the clients (homebuyers),” the filing states. “In 13, 2019, to the present.

Real Estate 401

Real Estate Realtors Realty Buyers 401

Housing Wire

JANUARY 19, 2024

the copycat suit alleges that real estate industry players have colluded to artificially inflate real estate agent commissions. Lyon & Associates , Guide Real Estate , Paul M. Zagaris Real Estate , and Anywhere franchise Century 21 Select Real Estate , are also defendants in the lawsuit.

Realtors 325

Realtors Real Estate Real Estate Agent Buyers 325

Housing Wire

DECEMBER 12, 2023

District Court for Northern California, accusing the real estate industry of colluding to artificially inflate real estate agent commissions. 8, 2019, and the present. A home seller plaintiff in California filed an antitrust lawsuit on Friday in U.S.

Realtors 421

Realtors Sellers Buyers Real Estate 421

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.

Real Estate 460

Real Estate Realtors Realty Real Estate Agent 460

Housing Wire

NOVEMBER 8, 2023

31, 2023, the Gibson lawsuit pits three Missouri home sellers, Don Gibson, Lauren Criss and John Meiners, against National Association of Realtors , Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman. Its agents also offer buyer broker compensation.

Real Estate 389

Real Estate Sellers Realtors Real Estate Agent 389

Housing Wire

NOVEMBER 8, 2023

Another day and another class-action antitrust commission lawsuit accusing the real estate industry of colluding to inflate real estate agent commissions has been filed. 1, 1996 through the present, purchased in the United States residential real estate that was listed on an NAR MLS.”

Real Estate 417

Real Estate Realtors Sellers Agents 417

Housing Wire

JANUARY 2, 2024

Filed last Wednesday in the Western District of Missouri, the Umpa suit, named after its lead and only plaintiff Daniel Umpa, accuses the real estate industry of allegedly colluding to artificially inflate real estate agent commissions. 27, 2019, and the present.

Sellers 371

Sellers Brokerage Real Estate Realtors 371

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 322

Real Estate Sellers Realtors Brokerage 322

Housing Wire

JANUARY 11, 2024

The Real Estate Board of New York is now fighting a second copycat commission lawsuit. In a competitive market, the home seller negotiates and pays a fee to the Seller Broker, while the home buyer that employs the services of a broker negotiates and pays a fee to the Buyer Broker. 29, 2019, to the present.

Real Estate 369

Real Estate Sellers Real Estate Agent Agents 369

Housing Wire

NOVEMBER 1, 2023

The new lawsuit, known as Gibson after its lead plaintiff, accuses the National Association of Realtors , Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman , of conspiring to inflate real estate agent commissions.

Real Estate 388

Real Estate Brokerage Sellers Law 388

Housing Wire

APRIL 5, 2024

has ruled that the Department of Justice can reopen its investigation into the National Association of Realtors. In Walker’s view, “the sole question is whether DOJ is correct that it could have immediately reopened its investigation of the Realtors’ two remaining policies after contracting to close that investigation.

Realtors 536

Realtors Contracts Government Real Estate 536

Housing Wire

DECEMBER 6, 2023

Plaintiffs in Florida and Pennsylvania filed lawsuits on Monday, accusing real estate industry players of allegedly colluding to artificially inflate real estate agent commissions. 4, 2019 and the present. Both lawsuits are seeking class-action status. These allegations are absurd.

Realty 410

Realty Realtors Brokerage Real Estate 410

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. Some agents reported not having made any changes to their business due to the lawsuits, while others have.

Agents 329

Agents Realtors Clients Real Estate Agent 329

Housing Wire

JANUARY 16, 2024

A few days ago, the three main defendants— National Association of Realtors , Keller Williams and HomeServices —in the Sitzer/Burnett case filed two motions with the court. No evidence of collusion First, according to the filings, the plaintiffs in the case presented no evidence at trial as to any collusion or conspiracy among the defendants.

Agents 327

Agents Law Sellers Legal 327

Appraisal Buzz

APRIL 30, 2024

With the downturn in home sales, the challenges are multifaceted: Homeowners are holding onto low-interest rate mortgages instead of moving up, investors edging out traditional buyers with cash offers and first-time homebuyers facing steep affordability hurdles and bidding wars. That presents a unique challenge as well as an opportunity.

Marketing 195

Marketing Real Estate Agent Renovations Buyers 195

Housing Wire

OCTOBER 18, 2023

The second day of the trial for the Sitzer/Burnett bombshell class action buyer broker commission class action lawsuit included plenty of insights into how the plaintiffs are approaching what is expected to be a battle royal. Keller also added that the presentation was about the flow of money and “not a conversation about what you charge.”

Agents 405

Agents Training Real Estate Real Estate Agent 405

Birmingham Appraisal

JUNE 21, 2023

Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

Real Estate Agent 79

Real Estate Agent Real Estate Agents Appraisal 79

Housing Wire

MAY 6, 2024

Title agents historically have felt like they played second fiddle to other players in the buying and selling of real estate. Regulators were suddenly curious about what exactly the industry contributed to a real estate transaction. This is how they make that happen.

Real Estate Agent 292

Real Estate Agent Real Estate Project Management Agents 292

McKissock

APRIL 19, 2022

New real estate agents may find it difficult to establish themselves as a local expert in real estate—especially when they’re competing against seasoned professionals. One often-overlooked way to gain experience and insight into a local real estate market is to help renters seeking new apartments.

Real Estate Agent 79

Real Estate Agent Real Estate Clients Agents 79

Housing Wire

MAY 29, 2024

The most challenging part of the last four years has been dealing with the fact that we have all these agents in hyper-mode dealing with multiple offers with no contingencies and all cash and everything flying off the shelves. Han: What are you doing to help your agents identify and articulate their value proposition?

Agents 298

Agents Real Estate Agent Real Estate Clients 298

Housing Wire

MARCH 25, 2024

Remain calm, trust that you are in the right place and go sell real estate,” Wendi Harrelson, the president of Keller Williams Realty International -owned regions, said during the presentation on Monday. Seller concessions is money that is being given by the seller directly to the buyer,” Papasan said.

Agents 375

Agents Advertising Real Estate Buyers 375

Housing Wire

OCTOBER 23, 2023

KANSAS CITY, Missouri — The second week of the Sitzer/Burnett class-action buyer broker commission antitrust lawsuit kicked off with a bang. In the motion, HomeServices claimed that no evidence has been presented to show they conspired with the National Association of Realtors (NAR) and other brokerages on rules for commissions.

Law 399

Law Agents Realtors Contracts 399

Housing Wire

APRIL 13, 2021

SentriLock , the home lockbox company wholly owned by the National Association of Realtors (NAR), announced Tuesday that they created a computer and smart phone platform to help real estate agents juggle their home showing appointments. Real estate agents and LOs: the great collaboration.

Real Estate Agent 404

Real Estate Agent Real Estate Brokerage Realtors 404

Housing Wire

MARCH 18, 2021

The progression of homebuying over the past year has seen prospective buyers adjusting their preferred destination plans again, and again, and again. For a time, Colorado Springs became the de facto destination for buyers priced out of living in Denver. Housing professionals need to find ways to better meet buyer needs.

Housing Market 536

Housing Market Marketing Real Estate Agent Buyers 536

Housing Wire

AUGUST 8, 2022

Critics argue that prospective homebuyers should pay real estate agents directly out of pocket — as opposed to the more common practice of the listing broker paying the buyer broker’s compensation. Perhaps the biggest myth that critics promote is that buyer brokers aren’t truly valuable in the internet age.

Real Estate 367

Real Estate Real Estate Agent Buyers Agents 367

Appraisal Buzz

SEPTEMBER 27, 2021

Divorce work is the most common, but attorneys also need valuation expertise for estate valuations, business disputes, tax litigation, bankruptcy proceedings, and expert witnesses (a per hour fee). Becoming a Go-to Appraiser for Realtors during a Confusing Time in the Industry. Profiting from (Credible) Measuring Services.

Real Estate Agent 370

Real Estate Agent Real Estate Valuation Appraisal 370

Hank Miller Team

NOVEMBER 16, 2022

Here’s a fun fact, real estate agents in GA have no fiduciary responsibility to their client or customer. Are Real Estate Agents in GA Fiduciaries? In some states, but in Georgia real estate agents are not fiduciaries. Sellers want as much as possible for a home, buyers want the least.

Real Estate Agent 52

Real Estate Agent Real Estate Agents Clients 52