Sat.Apr 13, 2024 - Fri.Apr 19, 2024

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Subtle shifts in real estate agent dynamics in March: Relitix

Housing Wire

Moreover, the AMI reveals an upward trend in agents switching between brokerages, though the expected peak for March fell short of previous highs, the overall trend continues generally upward. The broader impact of the National Association of Realtors (NAR) settlement is still unfolding. reflecting ongoing adjustments in the market.

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Supreme Court denies HomeServices’ petition in commission suit

Housing Wire

The plaintiffs who signed the contract, however, sued a non-signatory parent company of the signatory brokerages, which “asserted liability based on the non-signatory’s relationship with its subsidiary.” Since it was not, HomeServices is unable to compel arbitration, the brokerage argued.

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Judge denies Sitzer/Burnett plaintiffs’ motion for entry of judgement

Housing Wire

million in funds that resulted from the settlement agreements reached by Anywhere , RE/MAX , Keller Williams and the National Association of Realtors (NAR). The plaintiffs arrives that this figure by tripling the $1.78 The plaintiffs were also seeking award of attorneys’ fees, other costs of the suit and interest on the damages.

Law 401
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Reliance helps South Dakota’s oldest brokerage embrace the new

Inman

Real estate software and marketing services firm Reliance built a new website for Hegg Realtors, South Dakota’s most tenured brokerage.

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Lynn Walsh, Top Producing REALTOR® Joins Lamacchia Realty

Lamacchia Realty

With Lynn comes local expertise of her hometown in Lunenburg where she has been the number one REALTOR since 2019, and all surrounding areas in north central Massachusetts. Lynn Walsh REALTOR® Lamacchia Realty’s explosive growth is marked by outstanding agents like Lynn who have joined the company over the years.

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The ‘double-edged sword’ of dual licensing

Housing Wire

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. An originator since 1999, Read got his real estate license in 2014 and opened up his real estate brokerage in 2019.

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The mortgage rate pendulum swings yet again

Housing Wire

All this leaves housing professionals once again fighting for their share of shrinking pies – as we have observed with recently released mortgage data and RealTrends Verified’s brokerage data , as well as deeper dives on the brokerage landscapes in Jacksonville and San Diego.

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