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 In the script the seller asks the agent if he or she can reduce their commission, stating that they would like to save money. I do believe training is essential.” billion in damages.
Housing Wire
OCTOBER 23, 2023
In the deposition, Michael Ketchmark, the lead attorney for the plaintiffs, asked Warner to comment on a training script from HomeServices CEO Gino Blefari in which he said that when he was an agent, he was supremely confident and would tell prospective clients that while commissions are negotiable “they only go up from 6%.”
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Housing Wire
AUGUST 30, 2022
This means all those men and women since 2012 who have been saying its housing 2008 all over again on their YouTube , Twitter, Facebook and other social media outlets simply don’t have the proper training to talk about housing economics. crash, especially from 2012-2019. It hasn’t worked since 2012 for a reason.
Housing Wire
NOVEMBER 3, 2023
The lawsuit, which was originally filed in 2019 and won class-action status in April, alleges that some NAR rules, including one that requires listing brokers to offer buyer brokers a commission to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.
Housing Wire
OCTOBER 31, 2023
Davis also discussed the MLS and how the National Association of Realtors’ Clear Cooperation Rule impacts both buyers and sellers during her time on the stand. Like the defendants who testified before her, Davis noted that buyers’ agents help both buyers and sellers, as they help bring qualified buyers to the bargaining table.
Housing Wire
DECEMBER 28, 2023
We’ve seen a consistent theme of potential sellers – many with first-lien rates a full 3 percentage points below today’s offerings – pulling back from putting their homes on the market,” said Andy Walden, Intercontinental Exchange, Inc. Most years that number is closer to 30%, said Ullmann, who’s been an LO since 2012.
Housing Wire
AUGUST 3, 2023
They repeat the mantra “Home buyers and sellers will always need a real estate agent.” It re-emerged in the AI scene in October 2012. It is trained on text data and learns to identify patterns from that data to generate human-like text responses. So how can real estate agents be so cavalier about their job?
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