Housing Wire
JANUARY 23, 2024
Founded in 2015 as an indirect wholly owned subsidiary of Mr. Cooper Group , Xome is a real estate marketplace that serves mortgage servicers, originators, real estate professionals, financial institutions and homebuyers and sellers.
Housing Wire
MAY 3, 2023
Relatedly, discount brokerages have promised big savings to sellers for decades. The National Association of Realtors and several of the country’s top real estate brokerages are going to trial in a class-action commissions lawsuit that has potential damages of $13 billion. They were wrong. They’ve never caught on.
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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. It is human nature,” Frazier said. They were guidelines.
Housing Wire
NOVEMBER 17, 2020
iBuying platform zavvie has launched zavvie Pro , with the goal of helping real estate agents turn homeowners into home sellers. 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.
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
APRIL 26, 2022
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 pro-competitive, pro-consumer local broker marketplaces serve the best interests of buyers and sellers. The post Judge’s ruling: it’s heartland homeowners v.
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. In her deposition, Figgs said that since sending the email to Gonzalez, she had “largely dismissed” the study.
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