Housing Wire
JANUARY 9, 2023
The 29% average purchase discount was also well above the pre-pandemic average of 22% between 2015 and 2019. Home sales bottoming out as sellers eventually capitulate on price. Assuming mortgage rates do not drop substantially in 2023, sellers will eventually need to capitulate on price to adjust to this new reality.
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. Frazier also told the jury that ReeceNichols does not require agents to be members of the National Association of Realtors , but the local MLS does. They were guidelines.
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Housing Wire
APRIL 1, 2024
The loan officer must carefully assess the borrower’s ability to repay and consult with the client’s Realtors to determine the resale value and condition of the departing home,” Yen said. While Yen likes the product, she feels it is best handled by senior loan officers like herself, a nearly 30-year veteran of the industry.
Housing Wire
MAY 1, 2024
According to Barton, the “substance of the settlement” is a “very reasonable middle path forward for the industry, where commissions are communicated between sellers and buyers and both parties are better educated.” Barton also touched upon the terms of NAR’s settlement agreement. Eighty-percent of all real estate transactions across the U.S.
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.
Housing Wire
APRIL 26, 2022
The National Association of Realtors – the trade group that purports to represent real estate businesses, agents, and consumers – and arguably the four biggest companies in residential real estate: Realogy , Berkshire Hathaway HomeServices of America , RE/MAX , and Keller Williams. The defendants?
Lamacchia Realty
JULY 7, 2023
has released its “Top Producing REALTORS®,” for June 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Horton’s VIP Realtor distinction, placing him in the top 5% of REALTORS® in Broward County.
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