Sat.Mar 30, 2024 - Fri.Apr 05, 2024

Remove brokerage-marketing
article thumbnail

Recruiters turn to AI in their quest to lure top agents

Housing Wire

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

Agents 413
article thumbnail

More legal action taken against Keller Williams’ profit-sharing program 

Housing Wire

A new class-action lawsuit was filed by a former agent against real estate brokerage Keller Williams (KW), contesting alterations made to the company’s profit-sharing program. Hill and Kevin Ortiz — took legal action against the real estate brokerage by filing four separate class-action lawsuits. Moulder, David L. Bueker, Robert E.

Legal 437
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

List of lawsuits against Keller Williams continues to grow 

Housing Wire

Davis — took legal action against the real estate brokerage by filing six separate class-action lawsuits. It stated that associates who joined the brokerage on or after April 1, 2020, and subsequently jumped to a competitor would lose their revenues from the company’s lifelong revenue program. Moulder, David L. Bueker, Robert E.

Brokerage 423
article thumbnail

New Hampshire Association of Realtors partners with HousingWire

Housing Wire

With the top 50 RealTrends Verified brokerages on board as subscription partners, readers regularly tap into HousingWire to get The Full Picture, which includes in-depth analysis of the commission lawsuits, where home prices and inventory are headed and more. “In Learn more about HousingWire subscriptions here.

Realtors 427
article thumbnail

Once at the fringes of housing finance, home equity investment companies look to grow their stake

Housing Wire

The home equity investment is a new concept for many homeowners and is still small compared to the size of the traditional mortgage market. The market, however, is expected to grow as HEI companies seek to partner with mortgage lenders and real estate brokerages. The annual investment volume in the U.S.

Finance 437
article thumbnail

NEXA’s Grella sues Kortas over “secret, unauthorized” aircraft-related purchases

Housing Wire

NEXA’s businesses America’s largest mortgage brokerage, NEXA originated $6.29 Grella told HousingWire that the mortgage business is profitable despite a challenging market. billion in mortgage loans in 2023, according to Kortas. But that’s not the case for the aviation business.

Brokerage 417
article thumbnail

Opinion: No benefit to home sellers is worth sacrificing first-time homebuyers

Housing Wire

Last year, mortgage rates increased from 3% to 8% and home prices still increased in most markets. Unlike the stock market, where the bulk of equities are owned by the wealthiest, approximately 87 million American families benefit from homeownership, contributing to a more equitable distribution of wealth. That is highly unlikely.

Sellers 469