Housing Wire

DECEMBER 1, 2023

In the face of a copycat commission lawsuit , the Real Estate Board of New York has vowed to fight. In an email blast sent to REBNY members, the New York City real estate agent trade group said it would “vigorously defend the litigation.” It is not required for a seller to compensate a buyer’s agent.

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Real Estate Agent Real Estate Agents Brokerage 345

Housing Wire

DECEMBER 6, 2023

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

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Housing Wire

JANUARY 29, 2024

In an amended complaint filed on Friday, home sellers Danielle and Jessie Kay (who sold a house in Baden, Pennsylvania, in December 2021 with the help of an agent from Realty One Group Gold Standard ) were added as a plaintiff. The Pennsylvania copycat commission lawsuit has some new defendants and a new plaintiff.

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Brokerage Realty Real Estate Real Estate Agent 305

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.

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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. “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.”

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Realtors Real Estate Agent Real Estate Sellers 402

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?

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Brokerage Real Estate Agents Sellers 387

Housing Wire

MARCH 8, 2024

Thanks to Lisa Chinatti, the broker-owner at Chinatti Realty Group , he was not completely caught off guard. She talks with a lot of people, and she announced to our company that this was coming and went through what exactly we should expect,” said Posnick, the sales manager at Chinatti Realty Group. Lisa is super on the pulse.

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Agents Legal Realtors Clients 377

Housing Wire

JANUARY 8, 2024

We are currently evaluating the substance of the motion and the best manner for HomeServices to continue to protect those we represent and defend our position in the appropriate legal forums,” the statement continued.

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Real Estate Realty Real Estate Agent Legal 312

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.

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Real Estate Realtors Realty Buyers 402

Housing Wire

MARCH 4, 2022

The state of Oregon grabbed national attention last year for passing a law to ban “love letters” sent from potential homebuyer to homeseller, and often intermediated through real estate agents. This ban, the judge added, specially restricts the speech of agents, who, in practice, write or at least edit the letters in question.

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Housing Wire

MARCH 25, 2024

During a virtual open house hosted by Keller Williams to answer agent and broker questions about the settlements in the commission lawsuits , the overwhelming message was for real estate professionals to focus on what they can control. Cooperative compensation is still legal,” Papasan stressed. Don’t panic.

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Agents Advertising Real Estate Buyers 378

Housing Wire

DECEMBER 20, 2023

After almost five years of litigation, it is clear that Keller Williams Realty, Inc. Like the other commission lawsuits, the plaintiffs in the Moehrl suit allege that the real estate industry has colluded to artificially inflate real estate agent commissions.

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Real Estate Sellers Realtors Brokerage 325

Housing Wire

NOVEMBER 7, 2023

Hart cited two strategic acquisitions, Realty Austin in Texas and DPP in California, as part of its growth strategy. Moving forward, we will continue to be opportunistic in our approach to adding to our agent base via selective M&As,” Hart said during the earnings call.

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Agents Real Estate Agent Realtors Brokerage 329

Lamacchia Realty

FEBRUARY 21, 2024

SELLERS, HERE'S WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION Selling your home and moving into a new one can be an exciting life chapter. A common issue that sellers should be prepared for is a buyer requesting repairs after the home inspection. So, what do you, as a seller, do in this scenario?

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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. Accepted by the court on Oct.

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Real Estate Sellers Realtors Real Estate Agent 392

CA Realty Training

JULY 19, 2021

That’s how successful real estate agents create successful careers. This method is a set of ethical rules that agents follow to build a trustworthy relationship with clients. So, let’s explore the fiduciary duties of a real estate agent are so you can start building trust. What does fiduciary mean?

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Real Estate Agent Real Estate Agents Clients 53

Raleigh Realty

FEBRUARY 4, 2022

What is Dual Agency in Real Estate and Should you Avoid it Most buyers and sellers are familiar with how listing agents and buyer’s agents work which leads us to the question of what is dual agency in real estate? What is Dual Agency in Real Estate?

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Real Estate Real Estate Agent Sellers Agents 148

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

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Real Estate Agent Real Estate Agents Sellers 69

Housing Wire

JANUARY 19, 2024

the copycat suit alleges that real estate industry players have colluded to artificially inflate real estate agent commissions. who paid a buyer broker commission in connection with the sale of residential real estate listed on MetroList MLS between Jan. Filed on Thursday in U.S.

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Realtors Real Estate Real Estate Agent Buyers 328

Lamacchia Realty

DECEMBER 11, 2023

From the Covid-19 driven frenzy in 2020 to the significant inventory slowdown this year , buyers , sellers , and agents have all had adapt and grow comfortable with change. These properties are frequently incorrectly priced, poorly staged, and it’s far more difficult to schedule a showing without a seller’s agent.

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Realtors Real Estate Agent Sellers Realty 71

Lamacchia Realty

MAY 6, 2024

WHY YOU NEED A REAL ESTATE ATTORNEY WHEN BUYING A HOME When buying a home, you might wonder, “Do I need a real estate attorney, or is my real estate agent enough?” Before we dive into the details, let’s talk about what services a real estate attorney can provide.

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Real Estate Legal Law Contracts 70

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. Don’t require the seller to pay for it,” Ketchmark said.

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Realtors Law Agents Real Estate 405

Housing Wire

OCTOBER 31, 2023

Courthouse that the future of real estate agent commissions could potentially be decided. “I Sellers have always had a choice to offer a commission to the other broker. But what does any of that have to do with cooperative compensation, as a system, being harmful for buyers and sellers.” There is no such thing.

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Agents Buyers Sellers Realtors 408

Housing Wire

MARCH 7, 2022

The creation of the NFT real estate market thrusts a spotlight onto a Silicon Valley company specifically throwing itself into real estate, blockchain and NFTs. It also gives real estate agents ideas. On a Facebook video chat , Amy Heckler of Heckler Realty in St.

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Real Estate Law Inspection Agents 455

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. To the everyday buyer and seller , they may not think there is much of a difference between the two. There are over 1,000 local NAR associations and boards, spanning all 50 U.S.

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CA Realty Training

JUNE 28, 2021

Here are the 5 home listing tips that every real estate needs to know to sell a home. The first thing you have to do is to sit down and talk with your sellers. Explain to your sellers how their property should be presentable for their prospects. . Sellers can have unrealistic expectations. Other Real Estate Agents.

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Real Estate Agent Real Estate Agents Advertising 36

Housing Wire

JANUARY 27, 2022

ONE Sotheby’s International Realty agent Jessica Adams is under fire after TechCrunch co-founder and crypto investor, Michael Arrington took to Twitter on Tuesday alleging that Adams had leaked information about his purchase of a Miami waterfront mansion to the press, creating security concerns that forced him and his family to relocate.

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Agents Real Estate Real Estate Agent Realty 297

Housing Wire

JANUARY 31, 2022

ONE Sotheby’s International Realty agent Jessica Adams is under fire after TechCrunch co-founder and crypto investor, Michael Arrington took to Twitter on Tuesday alleging that Adams had leaked information about his purchase of a Miami waterfront mansion to the press, creating security concerns that forced him and his family to relocate.

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Agents Real Estate Real Estate Agent Realty 290

Raleigh Realty

MARCH 23, 2021

The question should I sell my home for sale by owner or without a Realtor® is likely one asked by every home seller with the thought of trying to save money. It's important to reverse engineer the sales process as a seller as you will want to understand who your target buyer is and that is likely someone working with a Realtor.

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Real Estate Agent Real Estate Realtors Contracts 133

Lamacchia Realty

JUNE 8, 2021

If you believe your home has foundation damage and you’re looking to sell, there are a few steps you need to take to cover yourself legally and get the most money possible for your home. It’s a seller’s market right now and that means you have the power! Hire a real estate agent to handle negotiations on your behalf.

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Real Estate Agent Inspection Realty Legal 68

Raleigh Realty

AUGUST 17, 2021

It's important to note that real estate contracts and laws change depending on what state you are in. We help folks looking to buy or sell homes in the Raleigh area and many of our articles are geared towards helping keep people informed so that you can have a successful real estate transaction.

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Real Estate Real Estate Agent Contracts Inspection 148

Lamacchia Realty

AUGUST 15, 2023

Let’s face it, we’ve all seen the online ads and billboards (and we’ve definitely seen that certain famous caveman) for real estate businesses offering to buy your home quickly and with cash. If the seller accepts, the rest of the process happens quite swiftly. In many cases, a home can be sold within days.

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Raleigh Realty

APRIL 19, 2022

LGBTQ+ Community Housing Challenges While LGBTQ homebuyers are unlikely to experience any direct discrimination from sellers (i.e. If the Department rules in your favor, the person or party responsible could be subject to a fine or other legal action. What's the LGBTQ+ culture like in the area?

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Legal Real Estate Agent Real Estate Law 144

Lamacchia Realty

JULY 10, 2023

So, if you’re purchasing a home that was built after August of 2004, it’s best to check with the seller and their agent about the drywall. Due to the potential financial implications, sellers may try to conceal the presence of defective drywall in their property in order to sell the home for a higher price.

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Inspection Realty Agents Sellers 68

Housing Wire

DECEMBER 23, 2021

Real estate agents in New York City — and across the country — are cheering for Florance. StreetEasy has been biting the hand that feeds it for too long,” said Frederick Peters, CEO of New York City brokerage Warburg Realty. StreetEasy, though, is loathed by many real estate agents.

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Housing Wire

FEBRUARY 14, 2022

But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. These employee agents are exceedingly more productive than the average independent contractor agent. million real estate agents. A profitable division.

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Business Brokerage Real Estate Agent Agents 360

Lamacchia Realty

NOVEMBER 21, 2023

This perspective is particularly useful for buyers and sellers looking to understand the long-term value of their investments. The Integration of Technology in Local Real Estate In today’s digital age, local real estate experts harness various technological tools to offer clients an enhanced experience.

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Real Estate Real Estate Agent Local Properties Valuation 62