Housing Wire
APRIL 28, 2021
In 2002, Natalya Delcoure and Norman Miller, two real estate economists, set about to learn what fees consumers pay real estate agents in America. They were especially interested in real estate commissions. On average 6% of the proceeds from each home sale went to the participating real estate agents.
Housing Wire
OCTOBER 11, 2022
There’s a showdown at the housing market corral between homebuyers and sellers. This means the housing boom period of 2002-2005 had major credit tightening, which won’t happen this time around when the next recession hits. Home prices ebb and flow, pricing was working in the sense that sellers met homebuyers to a degree.
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Housing Wire
MAY 16, 2024
I am so proud of our network and the professionals that work tirelessly to guide buyers and sellers on their home selling and buying journeys.” ” According to a spokesperson at HomeServices of America, Budnick has no immediate plans for her next steps or role.
Housing Wire
OCTOBER 20, 2023
No seller must use a real estate agent to sell a home — ever. In fact, considering inter-family and estate transfers as well as for-sale-by-owners, as many as 20% of all transactions may not include the use of an agent. No buyer must use a real estate agent — ever. I am repeating myself but bear with me.
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 Ketchmark also brought up Keller’s book “The Millionaire Real Estate Agent,” which discusses the ‘co-opetition’ model that has evolved among rival brokerages. billion in damages.
Housing Wire
DECEMBER 29, 2022
The housing sector — especially real estate and mortgage — has seen significant layoffs , while the general economy will create more than 4 million jobs in 2022. The housing market of 2002-2005 had four years of sales growth facilitated by credit. Key thing to remember: A traditional seller is also usually a buyer.
Housing Wire
OCTOBER 26, 2023
When asked about the allegations that real estate companies and professionals conspired to raise or stabilize commissions, she replied: “It is absolutely untrue.” Frazier also testified that the average commission at ReeceNichols is 2.75% for both buyer and seller agents. They were not set commissions,” Wilson said.
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