Housing Wire

NOVEMBER 1, 2023

Just hours after securing a victory for his home seller clients in the landmark Sitzer/Burnett commission lawsuit, Michael Ketchmark, the lead attorney for the plaintiffs, filed another class action antitrust lawsuit against some of the real estate industry’s biggest players, in U.S. District Court for Western Missouri.

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Real Estate Brokerage Sellers Law 414

Housing Wire

NOVEMBER 8, 2023

31, 2023, the Gibson lawsuit pits three Missouri home sellers, Don Gibson, Lauren Criss and John Meiners, against National Association of Realtors , Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman. Its agents also offer buyer broker compensation.

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Real Estate Sellers Realtors Real Estate Agent 424

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.

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Real Estate Agent Real Estate Brokerage Agents 424

Housing Wire

APRIL 28, 2021

In 2002, Natalya Delcoure and Norman Miller, two real estate economists, set about to learn what fees consumers pay real estate agents in America. They were especially interested in real estate commissions. On average 6% of the proceeds from each home sale went to the participating real estate agents.

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Real Estate Real Estate Agent Agents Brokerage 403

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.

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Real Estate Sellers Realtors Brokerage 413

Housing Wire

DECEMBER 6, 2023

More home sellers on the East Coast are getting in on the commission lawsuit action. 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.

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Realty Realtors Brokerage Real Estate 424

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. So far, Offerpad’s agents have played a bit role in the company’s growth.

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Agents Real Estate Agent Real Estate Sellers 404

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. As the saying goes, everything is bigger in Texas.

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Real Estate Realtors Realty Real Estate Agent 464

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 404

Real Estate Realtors Realty Buyers 404

Housing Wire

DECEMBER 12, 2023

A home seller plaintiff in California filed an antitrust lawsuit on Friday in U.S. District Court for Northern California, accusing the real estate industry of colluding to artificially inflate real estate agent commissions. 8, 2019, and the present.

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Realtors Sellers Buyers Real Estate 442

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.

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Real Estate Agent Real Estate Brokerage Realtors 404

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 Ketchmark also brought up Keller’s book “The Millionaire Real Estate Agent,” which discusses the ‘co-opetition’ model that has evolved among rival brokerages. billion in damages.

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Agents Training Real Estate Real Estate Agent 424

Housing Wire

SEPTEMBER 17, 2021

The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. of offers written by Redfin agents facing competition in August. In August, 58.8% metros listed in the report, with 86.7%

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Buyers Inventory Real Estate Agent Agents 433

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.”.

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Brokerage Real Estate Agents Real Estate Agent 393

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. Mortgage lenders and real estate agents will need to incorporate HEI offerings into their businesses, said John Arens, head of the business unit at Aspire, an HEI platform owned by Redwood Trust. “We

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Finance Investing Real Estate Agent Real Estate 433

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 also requires their agents to ensure buy-side clients sign buyer-broker agreements.

Agents 404

Agents Real Estate Agent Realtors Brokerage 404

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.

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Mortgage Real Estate Real Estate Agent Agents 404

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.

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Real Estate Brokerage Buyers Property Management 318

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 424

Real Estate Real Estate Agent Loan Officers Technology 424

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.

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Real Estate Brokerage Real Estate Agent Technology 382

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. By July, the median home price escalated to $362,800, up 15% from December 2020’s $309,000 median home price, which itself was up 15% from December 2019, according to NAR figures.

Real Estate 442

Real Estate Realty Brokerage Realtors 442

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.

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Agents Real Estate Agent Real Estate Clients 382

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.

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Brokerage Agents Real Estate Insurance 370

Housing Wire

JANUARY 27, 2021

Many economists are predicting low mortgage rates for an extended period of time which will keep the red-hot seller’s market intact indefinitely. With that in mind, home sellers are racing to the market and searching for ways to pay lower commissions to list their properties that they are confident will sell quickly. .

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Real Estate Agents Brokerage Sellers 326

Housing Wire

JULY 21, 2021

Selling and buying in The Villages tends to be a highly emotional process, according to local real estate agents. which has seen real controversy in recent years. 16, 2019, the two top real estate agents for Properties of the Villages Inc. announced their abrupt departures by email.

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Real Estate Agent Real Estate Realty Agents 393

Housing Wire

AUGUST 3, 2023

The 8th Circuit Court of Appeals’ three-judge panel concurred with a lower district court’s decision that HomeServices is not permitted to enforce arbitration agreements signed by seller clients of franchisees under its authority. billion in commissions they paid to buyers’ agents in the past eight years.

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Realtors Real Estate Buyers Sellers 370

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.

Real Estate Agent 457

Real Estate Agent Loan Officers Real Estate Agents 457

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.

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Realtors Realty Real Estate Clients 74

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.

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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

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

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

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 464

Agents Real Estate Inventory Buyers 464

Lamacchia Realty

JULY 7, 2021

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. Shauna is a member of the 2019 President’s Club and was recognized as a Top Producer for 2020. To learn more about Shauna, click here: Shauna Fanning.

Realty 68

Realty Agents Realtors Real Estate 68

Lamacchia Realty

JULY 14, 2021

Mid-Year 2021 Winners of the Top 10 for the Company are: Joselin Malkhasian is a Realtor working with both Buyers and Sellers in the Greater Boston Area. Joselin is one of Lamacchia Realty’s top agents, consistently selling over 40 homes each year and more than $20 million in sales volume.

Realty 71

Realty Agents Real Estate Realtors 71

Lamacchia Realty

SEPTEMBER 7, 2023

Eileen is a member of the Lamacchia Realty 2017 , 2018, 2019 , 2020, 2021, and 2022 President’s Club , and the 2020 , 2021, and 2022 President’s Club ELITE. She was awarded Most Sales and Most Sales Volume in 2018 2019 , 2020 , and 2021 for our Woburn Office. Cyndi thrives to make her buyers and sellers her top priority.

Realty 74

Realty Realtors Real Estate Clients 74

Lamacchia Realty

SEPTEMBER 3, 2021

He is skilled in many facets of Real Estate including both Buyer & Seller Representation, Commercial, Investment, Relocation & Luxury Properties. Paul is a member of the 2019 , 2020 , and 2021 Lamacchia Realty President’s Club as well as the 2020 President’s Club ELITE !

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Realty Agents Real Estate Realtors 67