Housing Wire
MARCH 27, 2024
Brokerages took notice, resulting in a surge in companies and office locations competing for their share of listings, according to CoreLogic multiple-listing service data shared exclusively with HousingWire. In this environment of high rates and tight inventory, brokerages have had to become sharp elbowed.
Housing Wire
OCTOBER 31, 2023
During their testimony, the home seller plaintiffs and their lead attorney Michael Ketchmark argued that despite the defendants having antitrust rules and regulations in place, the trade group and corporate brokerages knowingly violated their own rules in order to maintain high commission rates.
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Housing Wire
JANUARY 2, 2024
The complaint argues that the NAR and the brokerage defendants collude “to impose, implement and enforce anticompetitive restraints that cause home sellers to pay inflated commissions on the sale of their homes, in violation of federal antitrust law.” “Because this blanket offer must be made available to every buyer-broker using the MLS (i.e.,
Housing Wire
DECEMBER 8, 2023
By enforcing this mandate, the NAR establishes an anticompetitive market where sellers are coerced into subsidizing the buyer’s costs. The amended complaint also named three new plaintiffs, 125 Hooper LLC, Robert Arko and Andrew Moore, who all sold homes in the state between December 2019 and the present.
Housing Wire
AUGUST 18, 2023
The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. Last year , over 60 real estate brokerage firms or real estate teams made the list, but this number shrank to just 36 in 2023. The self-reported list ranks U.S. They must be U.S.-based,
Housing Wire
MAY 29, 2024
NWMLS said its rules and forms, together with the recently revised changes to buyer representation agreements, provide for consumer-friendly brokerage relationships and strong transparency. (It That change is a step in the wrong direction and is detrimental to consumers and brokers alike.“
Housing Wire
SEPTEMBER 30, 2020
Howard Hanna Real Estate Services closed a huge deal late Tuesday, announcing a strategic partnership with Rand Realty , giving the massive independent brokerage a sizable foothold in the booming suburbs of New York City. The post Howard Hanna acquires New York brokerage Rand Realty appeared first on HousingWire.
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