Housing Wire

DECEMBER 6, 2023

More home sellers on the East Coast are getting in on the commission lawsuit action. Like the other commission lawsuits, the Parker suit alleges that the defendants colluded “to impose, implement, and enforce anticompetitive restraints that cause home sellers in Florida to pay inflated commissions in connection with the sale of their homes.”

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Realty Realtors Brokerage Real Estate 432

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

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Real Estate Realtors Realty Brokerage 441

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 409

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%

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Realty Realtors Real Estate Real Estate Agent 466

Housing Wire

MARCH 7, 2024

These organizations included the National Association of Realtors , Las Vegas Realtors , Nevada Realtors , Sierra Nevada Realty , Incline Village Realtors , Elko County Realtors , Mesquite Real Estate Association and Northern Nevada Regional MLS. In the initial complaint , Whaley only named Realtor associations and MLSs as defendants.

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Realty Real Estate Realtors Brokerage 420

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. Patrick Thurber, a California home seller, is an additional named plaintiff in the suit. It was filed on Wednesday in U.S.

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Realtors Brokerage Realty Real Estate 531

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 473

Housing Wire

FEBRUARY 2, 2024

Real estate brokerage eXp Realty has entered into an affiliated business agreement with Orlando, Florida -based title fi r m Citrus Closing Group , according to an announcement on Thursday. “We Our objective is to ensure a transparent and seamless closing experience that benefits all parties involved.”

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Business Realty Brokerage Real Estate 397

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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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. According to the motion, at least some of the putative class members in the suit would be bound by their seller agreements to arbitrate claims, similar to HomeServices’ claims.

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Realty Real Estate Law Brokerage 421

Housing Wire

DECEMBER 8, 2023

By enforcing this mandate, the NAR establishes an anticompetitive market where sellers are coerced into subsidizing the buyer’s costs. AF Realty Group is the smallest of the new defendants with just 15 agents, according to the complaint.

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Brokerage Realty Real Estate Agent Real Estate 432

Lamacchia Realty

APRIL 29, 2024

We are pleased to announce that Emerson Realtors out of Auburn, Massachusetts have joined forces with Lamacchia Realty. Lamacchia Realty has been serving Auburn and the surrounding areas for over a decade, and the Lamacchia Worcester office was the top real estate office in Worcester County in 2023 by transaction.

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Realtors Realty Real Estate Brokerage 78

Inman

MAY 23, 2023

The new company's website will help homebuyers and sellers find beachfront, beach-view and beach-access homes easier with more than 68,000 coastal properties across 14 states from Texas to New Hampshire, according to the company.

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Realty Sellers Brokerage 148

Lamacchia Realty

APRIL 19, 2024

April 19, 2024 – Lamacchia Realty is pleased to announce that Lynn Walsh has joined Lamacchia Realty’s Leominster office. Needless to say, Lynn is highly experienced in her craft of working with buyers and sellers, and successfully helping them achieve their goals! I am thrilled that she has decided to join Lamacchia Realty.

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Realty Realtors Training Clients 74

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 450

Housing Wire

AUGUST 18, 2023

RedBird Realty (No. 5000 this year include Worth Clark Realty (No. 3,307), Lamacchia Realty (No. 3,393), ONE Sotheby’s International Realty (No. 3,818), Realty Group (No. 3,977), Professional Realty Services International (No. Rank Company Growth (3-yr Avg.) 186 spot on the Inc. 186 spot on the Inc.

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Brokerage Real Estate Realty Real Estate Agent 370

Housing Wire

MAY 6, 2024

Redfin joins Douglas Elliman , Realty One Group , At World Properties, Anywhere , RE/MAX , Keller Williams , Compass , HomeServices of America and The Real Brokerage, in settling the commission lawsuits filed by homebuyers and sellers that allege artificial inflation of agent commissions.

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Brokerage Realty Real Estate Agents 359

Inman

MARCH 25, 2024

Premier Sotheby’s International Realty President and CEO Budge Huskey corrects the record on commissions — and the potential impact of the NAR settlement on buyers, sellers and agents.

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Realty Sellers Agents Buyers 199

Housing Wire

AUGUST 30, 2023

“David’s dedication to maximizing marketing and optimizing value for sellers aligns with the Real platform and our mission to give our agents the tools they need to succeed by providing the best consumer experience possible.” He and his team were most recently brokered at Hague Realty in Scottsdale.

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Brokerage Realty Agents Clients 395

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.

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Sellers Realty Insurance Realtors 450

Housing Wire

AUGUST 4, 2023

Despite the decline in revenue, the holding company for eXp Realty maintained profitability with a net income of $9.4 The company and its subsidiaries, which include eXp Realty, SUCCESS Enterprises, Virbela and other affiliated services, are in solid financial shape, declared its executives. billion, executives disclosed on Thursday.

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Realty Brokerage Agents Real Estate 370

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 409

Housing Wire

MARCH 27, 2024

Competition heats up In 2019, Watson Realty Corp. In 2023, not only is Watson Realty’s lead gone, but the company has fallen to 3rd place in listings. Keller Williams Jacksonville has taken its crown, and Florida Homes Realty has narrowly overtaken it for 2nd place. Other would-be disruptors have not fared so well.

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Brokerage Realty Real Estate Inventory 450

Housing Wire

FEBRUARY 28, 2024

Top 10 mortgage lender and servicer Newrez is partnering with Newzip , a tech-enabled real estate platform, to roll out a program aimed to save buyers and sellers on credit costs. Sellers can receive a 1% real estate agent commission reduction when selling with a Newzip-affiliated agent.

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Real Estate Agent Real Estate Agents Loan Officers 421

Housing Wire

OCTOBER 6, 2023

.” According to the brokerage conglomerate, the proposed settlement includes injunctive relief requiring practice changes in Anywhere Advisors, the company’s owned brokerage operations (which includes Coldwell Banker Realty , Corcoran , and Sotheby’s International Realty ), for a period of five years following final court approval.

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Buyers Brokerage Agents Sellers 432

Lamacchia Realty

MAY 7, 2024

Lamacchia Realty, Inc. To learn more about Shauna, click here: Shauna Fanning Mary Wood joined forces with Lamacchia Realty in our new Northborough branch office location in the Spring of 2022. Joselin Malkhasian is a REALTOR® working with both buyers and sellers in the Greater Boston Area.

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Realtors Realty Real Estate Clients 58

Housing Wire

FEBRUARY 21, 2024

Keller Williams Realty has partnered exclusively with the online learning platform Coursera to offer a comprehensive introduction to the business of real estate. Dubbed the KW Real Estate Agent Professional certificate, the program will give participants a head start in the real estate industry.

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Real Estate Real Estate Agent Realty Clients 441

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.

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Brokerage Realtors Realty Real Estate 446

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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Inspection Sellers Buyers Agents 71

Housing Wire

APRIL 26, 2024

My advice to sellers is to price your home fairly,” Chen Zhao, economic research lead at Redfin, said in a statement. Even though sellers are getting top dollar at the moment, they should price competitively to attract buyers from the start and avoid having to drop their price as stubbornly high mortgage rates eat into buying budgets.

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Housing Market Marketing Insurance Sellers 437

Lamacchia Realty

DECEMBER 28, 2023

Once again, we are proud to announce that Deanna Faucher has qualified for the 2023 Lamacchia Realty President’s Club by surpassing $16,000,000 in sales volume. To learn more about Deanna, click here The post Deanna Faucher Qualifies for the 2023 Lamacchia Realty President’s Club appeared first on Lamacchia Realty.

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Realty Sellers Buyers Real Estate 74

Housing Wire

JANUARY 16, 2024

The complaint names the National Association of Realtors , Las Vegas Realtors , Nevada Realtors , Sierra Nevada Realty , Incline Village Realtors , Elko County Realtors , Mesquite Real Estate Association and Northern Nevada Regional MLS as defendants. 15, 2020, and the present.

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Realtors Real Estate Agent Real Estate Sellers 450

Housing Wire

NOVEMBER 10, 2023

On Wednesday, Manhattan home seller Monty March filed a lawsuit in U.S. Sloane Square , and Sotheby’s International Realty Affiliates. The lawsuit is seeking class action status, with the proposed class including Manhattan home sellers who worked with an agent from one of the defendants between Nov. 8, 2019, and the present.

Real Estate 473

Real Estate Brokerage Sellers Law 473

Inman

FEBRUARY 29, 2024

Century 21 has expanded its presence in South Florida with Soflo Home Realty, a six-year-old woman-led brokerage in Delray Beach. Broker-owner Roberta Lucas and her 15-agent team serve buyers and sellers across Broward, Miami and Palm Beach counties.

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Realty Brokerage Sellers Agents 176

Lamacchia Realty

APRIL 8, 2024

Lamacchia Realty, Inc. To learn more about Shauna, click here: Shauna Fanning Jason Pincomb joined Lamacchia Realty on the Spring 2021 and has seen tremendous success! Anthony joined Lamacchia Realty in 2017 and has impressed everyone with his continuous drive, success and superb customer service.

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Realtors Realty Real Estate Agents 72

Lamacchia Realty

JANUARY 12, 2024

Lamacchia Realty achieved multiple Number One Rankings for Market Share in 2023 in Worcester & Leominster. In addition to the company’s tools for Realtors , Lamacchia offers unique programs for buyers and sellers, including their Offer Now program along with aggressive marketing strategies.

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Realty Marketing Realtors Training 70

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 421