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 391

Agents Advertising Real Estate Buyers 391

Housing Wire

OCTOBER 3, 2023

1 brokerage by transaction side count announced the launch of eXp Exclusives , which will be open to eXp agents and their clients in the U.S. Through eXp Exclusives, participants will be able to share off-market and pre-market listings with other eXp agents and their clients through a mobile app. On Tuesday, the nation’s No.

Realty 405

Realty Agents Clients Tenants 405

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 376

Inventory Agents Real Estate Sellers 376

Housing Wire

JANUARY 5, 2024

As a real estate agent , it’s essential to stay aware of significant changes in interest rates and how they may affect market conditions so you’re better equipped to advise your buyers and sellers on everything from housing affordability to availability. Declining interest rates present other opportunities for homeowners.

Real Estate 426

Real Estate Agents Marketing Sellers 426

Housing Wire

JANUARY 24, 2024

What constitutes a “lowball” offer, when is it appropriate or not appropriate and how can you encourage your buyer clients to stop insisting on offering a price that’s unlikely to result in an offer? Has the seller recently corrected negative feedback? Has the seller recently rejected offers? See the difference?

Buyers 418

Buyers Sellers Agents Counter Offer 418

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. 16, 2020, and the present. The copycat commission lawsuit was filed on Friday in U.S.

Real Estate 394

Real Estate Realtors Realty Brokerage 394

Inman

NOVEMBER 1, 2023

Offerpad's agent partnership program gives agents another tool when making listing presentations, and pays them a 3 percent referral fee when their client accepts an offer from the iBuyer.

Tools 171

Tools Agents Sellers Clients 171

Housing Wire

FEBRUARY 27, 2024

Among other services, buyers’ agents help clients navigate the extensive paperwork and negotiate the sales price of a home. But clients often are not well educated on the value of these services, Keller argued. In turn, this reinforces the need for buyer agency agreements. “If You are being accused of not being transparent. “If

Buyers 402

Buyers Agents Real Estate Agent Clients 402

Housing Wire

NOVEMBER 9, 2023

The jury reached an outcome that was neither supported by the law nor the facts that were presented in this case,” Kasper said in a video posted Thrusday. According to Kasper, while the plaintiffs are portraying this outcome as a win for consumers, getting rid of cooperative compensation will only harm homebuyers and sellers.

Agents 404

Agents Legal Sellers Clients 404

McKissock

AUGUST 3, 2022

One of the top ways of convincing those potential clients that you’re the right agent for them is by creating a pristine listing presentation. A listing presentation is essentially an interview to represent a potential seller in a real estate transaction. Home sellers will want to know your qualifications right away.

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Housing Wire

MARCH 22, 2024

1, 2024 , Washington state’s agency law requires agents to have a written agreement with buyers (as well as sellers) to spell out the exact scope of the services provided by the agent, as well as the compensation the client has agreed to pay them in return. As of Jan. It is kind of like dating,” Sax said. “So,

Buyers 465

Buyers Contracts Real Estate Agents 465

Housing Wire

JANUARY 10, 2024

As we come out of the holidays, we’re cleaning up, throwing out tired-looking decorations and looking for a place for presents in the closets or cabinets. However, if you’re like many Americans, you’re probably planning to take at least some of those presents back to the store for a refund or exchange.

Real Estate 333

Real Estate Clients Retail Client Relationships 333

Housing Wire

JANUARY 23, 2024

home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. As we get into 2024, if interest rates touch the 5% mark, we can assume a market that heavily favors sellers.

Real Estate Agent 414

Real Estate Agent Real Estate Buyers Agents 414

Housing Wire

DECEMBER 12, 2023

A home seller plaintiff in California filed an antitrust lawsuit on Friday in U.S. 8, 2019, and the present. Sellers can sell their home for more and have their home seen by more buyers while buyers have more choices of homes and can afford representation. The copycat commission lawsuits have made it to the West Coast.

Realtors 431

Realtors Sellers Buyers Real Estate 431

Housing Wire

NOVEMBER 8, 2023

But this latest one comes with a twist — it was filed by homebuyers, unlike the others filed by home sellers. According to the complaint, this requirement of a blanket offer of compensation makes it easy for buyer agents to steer clients to properties they would make a higher commission on.

Real Estate 421

Real Estate Realtors Sellers Agents 421

Housing Wire

OCTOBER 23, 2023

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. The day started with video depositions of four real estate brokerage executives.

Law 410

Law Agents Realtors Contracts 410

Housing Wire

FEBRUARY 12, 2024

On Friday, home seller plaintiff Dalton Jensen filed an antitrust lawsuit in U.S. 9, 2020, and the present, and paid a buyer broker commission. 9, 2020, and the present, and paid a buyer broker commission. Yet another copycat commission lawsuit has hit the court dockets.

Real Estate 414

Real Estate Real Estate Agent Realtors Buyers 414

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 337

Real Estate Sellers Realtors Brokerage 337

McKissock

JULY 6, 2022

The reality, however, is many agents struggle to properly set and manage the client’s expectations of how the chaos is going to work and how the process is going to play out. Managing client expectations is critical, and sadly, often overlooked as part of the agent/client relationship. As agents, we know better.

Clients 87

Clients Real Estate Contracts Sellers 87

Housing Wire

FEBRUARY 14, 2024

If you’re known in your market as the expert who successfully sells properties between $1 to $3 million, how do you start getting clients looking for homes valued at $10 million+? How do you convince the sellers of $15 million homes to work with you? Invest in a polished personal brand that exudes sophistication and professionalism.

Real Estate Agent 381

Real Estate Agent Real Estate Agents Luxury Properties 381

Housing Wire

AUGUST 3, 2022

The prediction by one of the nation’s leading marketplaces for distressed assets, is based on a survey of some 50 Auction.com clients, including private-sector mortgage servicers and government-sponsored enterprises (GSEs). Presented by: Altisource.

Inventory 450

Inventory Clients Government Sellers 450

Housing Wire

DECEMBER 8, 2023

Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients. How you conduct yourself and how you present to each buyer prospect should not vary by situation. For instance, are your buyer clients also listing clients?

Clients 394

Clients Real Estate Inspection Buyers 394

Lamacchia Realty

JANUARY 29, 2024

The Award for Most Acquired Clients is presented to the REALTOR® who signed up the most buyers and/or sellers in the company during a given year. Eileen earned this recognition by signing up an impressive 86 clients in 2023! The post Eileen Doherty Wins Most Acquired Clients in 2023 appeared first on Lamacchia Realty.

Clients 53

Clients Realtors Realty Real Estate 53

Housing Wire

SEPTEMBER 14, 2023

But as much as it’s already a core tenet of real estate, collaboration currently presents a unique new opportunity for real estate agents to evolve the way they work with their buyers and sellers. But collaboration is the way forward — a way to transform how agents and brokers work and the experience their clients receive.

Marketing 381

Marketing Advertising Real Estate Agents 381

Housing Wire

JANUARY 17, 2024

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. For real estate professionals, this option presents an opportunity to capture more sales. Yet staggeringly few are aware of its existence.

Finance 428

Finance Real Estate Agent Real Estate Insurance 428

Housing Wire

FEBRUARY 29, 2024

Serhant used this story to illustrate how he manifested this deal by religiously following up with the client. Since then, he has helped the same client purchase multiple properties and has gained loyalty for life. I know what they are presenting, and I know what kind of commission rate they are offering. It is super random.

Agents 409

Agents Real Estate Real Estate Agent Marketing 409

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 399

Real Estate Brokerage Sellers Law 399

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. Due to how HomeServices and its affiliates handle their client contracts, if a dispute arises, each client is entitled to individual arbitration of their claims. Filed in late 2023 in the U.S.

Realty 366

Realty Real Estate Law Brokerage 366

Appraisal Buzz

MAY 3, 2024

The Home Report provides automatically generated, unique property data details from a scan of a property to help give home buyers and sellers a comprehensive understanding of the home’s layout. In developing these new products, we wanted to make it easier than ever for users to deliver more value to their clients.

Open Houses 195

Open Houses Inspection Sellers Buyers 195

Housing Wire

MARCH 20, 2024

NAR’s proposed settlement – which still needs court approval – includes several rule changes, including a new requirement that buyer agents to enter into a written buyer broker agreement with clients. Zillow declined to comment on recent stock price movements.

Investors 398

Investors Agents Real Estate Buyers 398

Housing Wire

OCTOBER 3, 2023

This is a dramatic and peculiar stance, given that same company a couple of years ago launched a $1 million annual advertising campaign touting a 1% listing fee, but only if the seller turned into a buyer for them. Sadly, the understanding of the difference between a client and a customer is pitifully poor in our industry.

Agents 379

Agents Buyers Training Law 379

Housing Wire

OCTOBER 18, 2023

According to Ketchmark, the home sellers paid an average of $6,700 to the buyer’s agent in the transactions, adding up to $1.78 Keller also added that the presentation was about the flow of money and “not a conversation about what you charge.” billion in damages. I reported the numbers and walked off the stage.”

Agents 414

Agents Training Real Estate Real Estate Agent 414

Housing Wire

MARCH 18, 2024

We’ve really been laying out the road map for value propositions and creating plans for value proposition presentations. He didn’t want himself and his agents in a place where the day came, and they didn’t know how to prove their value proposition or negotiate their worth with a client. More off-MLS listings?

Brokerage 396

Brokerage Real Estate Agents Sellers 396

Housing Wire

NOVEMBER 14, 2023

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. 13, 2019, to the present. This would lead to competition among buyer brokers to offer lower commission rates.

Real Estate 403

Real Estate Realtors Realty Buyers 403

Housing Wire

JANUARY 4, 2024

They are boosting their agent training programs to provide more transparency around compensation and how to have those discussions with buyers and sellers. One broker is teaching “conversational dialogues with statistic-based facts to effectively communicate the value we bring to the clients.”

Brokerage 377

Brokerage Real Estate Training Buyers 377

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. Better buyer and seller presentations to break down payment to a more granular level,” was one agent’s response. Always will too,” one wrote.

Agents 345

Agents Realtors Clients Real Estate Agent 345

Lamacchia Realty

FEBRUARY 14, 2024

ARE YOU A "WANT-TO-BE" SELLER IN 2024? From low inventory levels to increasing mortgage rates , the real estate landscape has experienced a multitude of changes and challenges over the last several years, leaving many sellers wondering when the “right” time to list would be given current market conditions.

Sellers 64

Sellers Realtors Buyers Inventory 64