Housing Wire
AUGUST 4, 2022
Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Presented by: Axis Technical Group.
Housing Wire
OCTOBER 26, 2023
She said that HomeServices does not meddle in operations, give advice, or advise on commissions or how the brokerage approaches Realtor association membership. Despite not requiring NAR membership, Frazier said the brokerage does require agents to follow the NAR Code of Ethics. We don’t want people unrepresented.”
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Housing Wire
MAY 3, 2023
I wanted to close before May 1, so I selected a buyer who was already in underwriting. My agent exchanged a few emails with the buyer’s agent over a few minor repair requests, but this was all buttoned up very quickly. She made clear in our first conversation that the commission would only drop to 5% if she also found the buyer.
Housing Wire
APRIL 26, 2022
At issue is an NAR policy that the seller’s agent of a home must split their commission equally with a buyer agent. Bough’s 41-page ruling does not say either way whether he believes that NAR and the four brokerages conspired to make real estate commissions higher. The post Judge’s ruling: it’s heartland homeowners v.
Housing Wire
DECEMBER 27, 2021
Because of that, and several other reasons, gross margins for real estate brokerage firms are declining with no real end in sight. In 2015, according to RealTrends data, gross margins were at 16.4% for the largest brokerage companies in the United States. Another factor is that leading market-share brokerage ?rms
Housing Wire
NOVEMBER 17, 2020
The participating brokerages give homeowners the ability to see offers from iBuyers buy-before-you-sell options from bridge solution providers and compare that to the sales price with an open market listing. Real estate tech company Homie has launched its brokerage services in the Denver Metro region.
Housing Wire
OCTOBER 19, 2023
The third day of the highly consequential Sitzer/Burnett class action buyer broker commission lawsuit included a deep dive into the training materials used by various brokerages and the testimony of three of the named plaintiffs. Co-opetition.’” It is for example purposes only,” Bailey said. “We
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