Housing Wire

MARCH 12, 2024

PureWest Christie’s International Real Estate , a Montana -based real estate brokerage, is expanding into northern Idaho , the firm announced on Tuesday. The brokerage , which is a longtime affiliate of Christie’s International Real Estate, is the largest independently owned brokerage in Montana.

Real Estate 417

Real Estate Brokerage Agents Technology 417

Housing Wire

JANUARY 2, 2024

Filed last Wednesday in the Western District of Missouri, the Umpa suit, named after its lead and only plaintiff Daniel Umpa, accuses the real estate industry of allegedly colluding to artificially inflate real estate agent commissions. 27, 2019, and the present.

Sellers 417

Sellers Brokerage Real Estate Realtors 417

Housing Wire

NOVEMBER 14, 2023

While the lawsuit does name large corporate brokerage firms as defendants, including Keller Williams , Side , HomeServices of America , and Fathom Realty , the robust defendant list also includes real estate teams, such as The Loken Group and Hexagon Group , as well as an individual broker, Mark Anthony Dimas.

Real Estate 407

Real Estate Realtors Realty Buyers 407

Housing Wire

NOVEMBER 8, 2023

Like the Sitzer/Burnett, Moehrl and Nosalek lawsuits, the Gibson suit accuses the defendants of conspiring to inflate real estate agent commissions in violation of the Sherman Antitrust Act. One of the named defendants has a very different business model than the more traditional brokerages named in Sitzer/Burnett.

Real Estate 427

Real Estate Sellers Realtors Real Estate Agent 427

Housing Wire

NOVEMBER 1, 2023

The new lawsuit, known as Gibson after its lead plaintiff, accuses the National Association of Realtors , Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman , of conspiring to inflate real estate agent commissions. How big could this case be?

Real Estate 417

Real Estate Brokerage Sellers Law 417

Housing Wire

JANUARY 11, 2024

District Court in New York by Robert Friedman, a resident of Brooklyn who sold a property in Park Slope in May 2021 with the help of a Douglas Elliman agent. Instead, if a seller wishes to compensate the buyer’s agent, they must pay the agent themselves. It is not required for a seller to compensate a buyer’s agent.

Real Estate 427

Real Estate Sellers Real Estate Agent Agents 427

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. Consumers are free to sell or buy a home without an agent — and consumers know this.

Real Estate Agent 427

Real Estate Agent Real Estate Brokerage Agents 427

Housing Wire

DECEMBER 20, 2023

had no involvement in the issuance and or enforcement of NAR rules and that it did not impose those rules, including the Cooperative Compensation Rule, upon its franchisee brokerages or their affiliated independent contractor agents,” attorneys for Keller Williams wrote in the motion that both NAR and HomeServices joined.

Real Estate 417

Real Estate Sellers Realtors Brokerage 417

Housing Wire

APRIL 1, 2024

The market, however, is expected to grow as HEI companies seek to partner with mortgage lenders and real estate brokerages. DBRS Morningstar’s rating of the $224 million securitization opened up new types of bond buyers that have inherently lower costs of capital, Saluda Grade CEO Ryan Craft said.

Finance 437

Finance Investing Real Estate Agent Real Estate 437

Housing Wire

DECEMBER 6, 2023

Plaintiffs in Florida and Pennsylvania filed lawsuits on Monday, accusing real estate industry players of allegedly colluding to artificially inflate real estate agent commissions. 4, 2019 and the present. More home sellers on the East Coast are getting in on the commission lawsuit action.

Realty 427

Realty Realtors Brokerage Real Estate 427

Housing Wire

DECEMBER 12, 2023

District Court for Northern California, accusing the real estate industry of colluding to artificially inflate real estate agent commissions. 8, 2019, and the present. Of the brokerage defendants, eXp and Keller Williams were the only firms to comment on the new suit.

Realtors 446

Realtors Sellers Buyers Real Estate 446

Housing Wire

MARCH 18, 2022

The success of iBuyers is the failure of real estate agents. After all, iBuying companies Opendoor , Redfin and formerly Zillow are predicated on home sellers eschewing a listing agent and selling their home to the company. The filing also warns of obstacles the company might face in employing agents.

Agents 407

Agents Real Estate Agent Real Estate Sellers 407

Housing Wire

FEBRUARY 10, 2021

The splashy buy further situates Zillow as more than a website with pictures of homes for sale, but a competitor to real estate brokerages. The Seattle-based company announced in September Zillow Homes, a traditional brokerage business, hiring agents in Phoenix, Tuscon, and Atlanta. and Canada use their software.

Real Estate 530

Real Estate Agents Real Estate Agent Brokerage 530

Housing Wire

APRIL 13, 2021

SentriLock , the home lockbox company wholly owned by the National Association of Realtors (NAR), announced Tuesday that they created a computer and smart phone platform to help real estate agents juggle their home showing appointments. Real estate agents and LOs: the great collaboration.

Real Estate Agent 407

Real Estate Agent Real Estate Brokerage Realtors 407

Housing Wire

DECEMBER 15, 2023

A copycat commission lawsuit filed on Thursday by home sellers in the United States District Court for the Eastern District of Texas, accuses 47 real estate industry defendants of allegedly conspiring to artificially inflate real estate agent commissions.

Real Estate 469

Real Estate Realtors Realty Real Estate Agent 469

Housing Wire

OCTOBER 18, 2023

The second day of the trial for the Sitzer/Burnett bombshell class action buyer broker commission class action lawsuit included plenty of insights into how the plaintiffs are approaching what is expected to be a battle royal. In the book, Keller also mentions that each side in a real estate transaction gets an average of a 3% commission.

Agents 427

Agents Training Real Estate Real Estate Agent 427

Housing Wire

NOVEMBER 7, 2023

million after the brokerage paid its commissions and related expenses. Compass agents are more likely to work in upper-echelon markets where buyers and sellers would work with agents, he said. Compass agents are more likely to work in upper-echelon markets where buyers and sellers would work with agents, he said.

Agents 406

Agents Real Estate Agent Realtors Brokerage 406

Housing Wire

NOVEMBER 3, 2023

Real estate commissions are under the microscope. With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry.

Real Estate 321

Real Estate Brokerage Buyers Property Management 321

Housing Wire

JANUARY 13, 2022

When Missouri federal judge Stephen Bough unsealed a sworn declaration last week from Coldwell Banker CEO Ryan Gorman in a sprawling antitrust lawsuit about real estate commissions, it prompted disquiet among real estate agents, including those who work at Gorman’s company. “My Gorman’s comments confuse me.”.

Brokerage 395

Brokerage Real Estate Agents Real Estate Agent 395

Housing Wire

DECEMBER 1, 2021

million Series A round announced in the spring of 2019. Clever’s platform connects consumers with over 12,000 vetted real estate agents. The company negotiates discounted rates, making it easier to compare and interview agents. Clever is a licensed brokerage in Missouri.

Mortgage 407

Mortgage Real Estate Real Estate Agent Agents 407

Housing Wire

MARCH 18, 2021

Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Rascoff is the co-founder of Zillow , but he departed as company CEO in early 2019, replaced by another company co-founder, Rich Barton.

Real Estate 427

Real Estate Real Estate Agent Loan Officers Technology 427

Housing Wire

MARCH 8, 2024

While Hometap doesn’t directly work with mortgage lenders or real estate brokerages right now, Burnett sees an opportunity for partnership to help buyers’ homeownership in the long term. Burnett: After being founded in 2017, we made our first investments in 2018 and 2019.

Investing 429

Investing Real Estate Agent Marketing Real Estate 429

Housing Wire

APRIL 12, 2022

Samson is the CEO of Samson Properties , a rapidly growing Northern Virginia-based brokerage. Samson has a different business model and branding than Compass, but both brokerages identify as “agent-centric.”. real estate agent is in peril. In 2019, Donny Samson took over the company from his father.

Brokerage 370

Brokerage Agents Real Estate Insurance 370

Housing Wire

DECEMBER 28, 2021

By the fall, real estate agents in Boise, Idaho were passing around a video they didn’t like but couldn’t resist watching. But — in the same beat — Caporale added, “There is still a massive influx of buyers, and I am not seeing a significant drop in demand.” There’s buyer fatigue and real questions about affordability.”

Real Estate 446

Real Estate Realty Brokerage Realtors 446

Housing Wire

JULY 21, 2021

Selling and buying in The Villages tends to be a highly emotional process, according to local real estate agents. The transaction often brings about a festive atmosphere for the buyers, who are looking forward to spending the rest of their days with a wide range of other seniors. But the resale market works the same.”

Real Estate Agent 395

Real Estate Agent Real Estate Realty Agents 395

Housing Wire

MARCH 1, 2022

This isn’t a new story in mortgage lending or real estate brokerage. Many real estate professionals remember the heyday of the 2000s when technology companies were determined to disrupt the real estate industry and replace real estate agents. And, why not? However, it didn’t work.

Real Estate 383

Real Estate Brokerage Real Estate Agent Technology 383

Housing Wire

JANUARY 27, 2021

Today, both sellers and buyers expect to handle a majority of the process online. For the well-prepared real estate brokerages, this holds a promising future. The fusion of technology, quick sales and incredible demand from the public have created a tsunami of discount-based brokerages trying to fill that public demand.

Real Estate 329

Real Estate Agents Brokerage Sellers 329

Housing Wire

JANUARY 21, 2022

When the restaurant Tom Hunt worked at as a server temporarily shut down during the spring of 2020 due to the COVID-19 pandemic, he decided it was the right time to pursue his longtime desire of becoming a real estate agent. At the close of 2019, the National Association of Realtors had 1.4 million members.

Agents 383

Agents Real Estate Agent Real Estate Clients 383

Housing Wire

NOVEMBER 30, 2021

a buyer’s market. ? . The year 2019 taught us that any natural or economic force can wildly shift expectations into the stratosphere. Agents, you might have a new area of interest for prospective buyers.??. a broker or an agent, having a deep knowledge of your market is impressive. Mortgage rates? Predictions.

Real Estate 437

Real Estate Agents Real Estate Agent Business 437

Housing Wire

AUGUST 3, 2023

Originally filed in 2019, the lawsuit won class-action status shortly after, and alleges that some NAR rules, including one that requires listing brokers to offer buyers’ brokers a commission in order to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.

Realtors 370

Realtors Real Estate Sellers Buyers 370

Housing Wire

APRIL 16, 2024

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

Real Estate Agent 462

Real Estate Agent Loan Officers Real Estate Agents 462

Housing Wire

AUGUST 21, 2020

Century 21 Alliance recently merged with Century 21 Marquis and Century 21 Cornerstone , forming one of the largest real estate brokerages in Northern California and the Bay Area. “We In fact, Aurelio said that this July home sales have outpaced July 2019. In the San Francisco Bay Area, there is currently a 1.8-months

Agents 469

Agents Real Estate Inventory Buyers 469

Raleigh Realty

FEBRUARY 19, 2022

and in order to answer that question, you need to understand how Real Estate Agents make money. If you could go back to your first year as a Real Estate Agent, what advice would you give yourself? The problem with many brokerages is that they only teach the “tried and true” methods of getting new business.

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Lamacchia Realty

MARCH 7, 2024

February 2024 Winners of the Top 10 for the Company are: Cheryl Perry is an experienced real estate agent based in Massachusetts and Rhode Island. She began her career in 2010 with a passion for working with people and helping them achieve their real estate objectives.

Realtors 72

Realtors Realty Real Estate Clients 72

Lamacchia Realty

NOVEMBER 3, 2023

Leslie loves helping people and loves that real estate is a combination of education and professional service! Additionally, Leslie is a member of the 2019 , 2020 and 2021 President’s Club. His focus is on helping buyers and sellers have a stress-free, efficient, and smooth real estate transaction experience.

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

MAY 7, 2024

Her reason for becoming a real estate agent is to continue her desire to work with people and have clients be as happy with their lifestyle as she is providing it to them. Her desire to help her clients earned Shauna the title of Rising Star in the September 2021 issue of the South Shore Real Producers Magazine !

Realtors 72

Realtors Realty Real Estate Clients 72

Lamacchia Realty

JANUARY 3, 2024

Eileen is a member of the Lamacchia Realty 2017 , 2018, 2019 , 2020, 2021, and 2022 President’s Club , and the 2020 , 2021, 2022 President’s Club ELITE. She was awarded Most Transactions and Most Sales Volume in 2018 2019 , 2020 , and 2021 for our Woburn Office. Laurie joined Lamacchia Realty Leominster in the spring of 2019.

Realtors 73

Realtors Realty Real Estate Clients 73