Housing Wire

NOVEMBER 14, 2023

The lawsuit accuses its 29 defendants of colluding to artificially inflate real estate agent commissions. In the absence of NAR’s Mandatory Offer of Compensation Rule, the expense of buyer broker commissions would be incurred by the clients (homebuyers),” the filing states. “In 13, 2019, to the present.

Real Estate 410

Real Estate Realtors Realty Buyers 410

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. A home seller plaintiff in California filed an antitrust lawsuit on Friday in U.S.

Realtors 450

Realtors Sellers Buyers Real Estate 450

Housing Wire

APRIL 1, 2024

We do see this as a new asset class in the real estate ecosystem and we see it as complementary to traditional debt options that exist today,” Burnett said. 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 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 407

Real Estate Sellers Realtors Brokerage 407

Housing Wire

SEPTEMBER 11, 2020

Real estate agent safety has been a concern for years, as the job requires showing empty homes or homes occupied by others, and meeting new people, often alone. Just this week, NAR reported that a real estate agent in Draper, Utah, was showing what she thought was a vacant house for sale to a potential buyer.

Open Houses 545

Open Houses Realtors Real Estate Agent Agents 545

Housing Wire

MARCH 13, 2024

As recently as five years ago, homeowners insurance was certainly not top of mind for most homebuyers and their real estate agents , but the rapidly rising cost of insurance premiums is changing that. For some buyers, surprisingly high insurance premiums are causing them to second-guess the property they have selected. “I

Real Estate Agent 458

Real Estate Agent Insurance Real Estate Agents 458

Housing Wire

NOVEMBER 7, 2023

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. Revenue decreased by 10% year over year to $1.34

Agents 402

Agents Real Estate Agent Realtors Brokerage 402

Housing Wire

DECEMBER 6, 2022

Becca Summers does not typically include Wells Fargo on the lender recommendation list she gives to clients. However, when mortgage rates started rising in the spring, Summers encouraged her clients to take advantage of the bank’s mortgage rate lock product. Looking back, Summers is glad she encouraged her buyers to swap lenders.

Real Estate 370

Real Estate Real Estate Agent Clients Agents 370

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.

Real Estate 421

Real Estate Brokerage Sellers Law 421

Housing Wire

DECEMBER 27, 2022

.” Houses were selling at a fever pitch in a matter of days, with multiple offers, waived contingencies and buyers paying $100,000(!) The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. over asking price. High octane stuff. But the housing market in the second half of 2022?

Housing Market 526

Housing Market Marketing Real Estate Agent Real Estate 526

Housing Wire

MARCH 12, 2024

The office will launch with eight agents , including Reizen. Over the past five years, buyers from Texas, Colorado and Florida have flocked to Sandpoint to acquire property, according to a company news release. The expansion into Idaho will also grant more agents access to Christie’s proprietary technology , pl@tform.

Real Estate 421

Real Estate Brokerage Agents Technology 421

Housing Wire

MARCH 8, 2024

homeowners are “house-rich, cash-poor,” home equity investment firm Hometap provides clients with a way to tap into their home equity instead of selling their home or taking out a loan. Burnett: After being founded in 2017, we made our first investments in 2018 and 2019. Based on the notion that far too many U.S.

Investing 400

Investing Real Estate Agent Marketing Real Estate 400

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 script the agent responds: “Let me explain what happens when you reduce a commission.

Agents 432

Agents Training Real Estate Real Estate Agent 432

Housing Wire

AUGUST 18, 2023

based firms on percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. The minimum revenues required are $100,000 for 2019 and $2 million for 2022. 188), and Keeton & Co Real Estate (No. The self-reported list ranks U.S.

Brokerage 370

Brokerage Real Estate Realty Real Estate Agent 370

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 432

Realty Realtors Brokerage Real Estate 432

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 384

Agents Real Estate Agent Real Estate Clients 384

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

Brokerage 389

Brokerage Real Estate Agents Real Estate Agent 389

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 323

Real Estate Brokerage Buyers Property Management 323

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.

Realtors 367

Realtors Real Estate Sellers Buyers 367

Housing Wire

MARCH 1, 2022

In eOriginal’s 2020 Tech100 nomination, the company boasted about the efficiency their ClosingCenter product brought to mortgage lending clients; Fairway achieved 80% faster mortgage acceptance by secondary market investors and also realized a 90% reduction in interest expenses to warehouse lenders for mortgages closed using ClosingCenter.

Real Estate 380

Real Estate Brokerage Real Estate Agent Technology 380

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. Guiding your clients to a price?that

Real Estate 441

Real Estate Agents Real Estate Agent Business 441

Appraisal Buzz

OCTOBER 3, 2022

months less than what it was in 2019. I am in the camp with many that believe the market will continue to feel price pressure, at least until inventory levels begin to return to normal (2019 or early 2020 levels, at least). I can see why loan officers, real estate agents, or buyers might push back on appraisers’ conclusions.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Housing Wire

DECEMBER 21, 2023

The great news is that the program has undergone significant improvements, particularly after the Blue Water Navy Vietnam Veterans Act was signed into law in 2019. To be fair, negative perceptions of the VA loan are often rooted in negative experiences in the past. A lot has changed and it’s time to remove the stigma.

Mortgage 441

Mortgage Renovations Appraisal Process Finance 441

Housing Wire

APRIL 29, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Local agents say these rising prices are not stopping buyers from Colorado, Florida, New York, New Jersey and California from flocking to the northern New England city. Conway, Arkansas.

Housing Market 380

Housing Market Marketing Agents Real Estate 380

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

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 464

Real Estate Agent Loan Officers Real Estate Agents 464

Housing Wire

APRIL 12, 2022

In return, the Samson agent is asked – not told, asked – to refer clients to Cardinal Title Group , a title insurer wholly owned by Samson. “I I try to kill them with kindness,” Samson said, giving agents “the resources to build that relationship” with Cardinal Title. real estate agent is in peril.

Brokerage 370

Brokerage Agents Real Estate Insurance 370

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

McKissock

OCTOBER 26, 2020

How can real estate professionals best address this situation? That is if you’re representing the buyer, what should you look for in terms of that extra workspace? Buyers, he adds, need to watch the market carefully and be ready to pounce if a property comes on the market in a neighborhood they like. In Portland, Me.,

Buyers 61

Buyers Sellers Agents Inventory 61

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

McKissock

JULY 17, 2022

LendingTree analyzed the changes of homebuilding-related variables from 2019 to 2021 by region and discovered an increase of 47% in stalled construction projects, despite the growing demands for new homes. . Homebuying Tips to Share with Your Clients. The market is, without a doubt, a pricy one for homebuyers.

Construction 68

Construction Real Estate Agent Supply Chain Real Estate 68

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 real estate brokerage has experienced rapid growth, doubling in sales three years in a row, from 2017 through 2019.

Real Estate 332

Real Estate Agents Brokerage Sellers 332

Housing Wire

JANUARY 31, 2023

It’s also what keeps Andrew Marquis, regional vice president at CrossCountry Mortgage and Scotsman Guide ’s seventh top LO, up at night, especially as he sees more buyers entering the market. I know that sounds crazy, but we have a lot of clients reaching out for pre-approvals. I’m curious how this will impact potential buyers.

Inventory 390

Inventory Marketing Business Buyers 390

Housing Wire

DECEMBER 10, 2020

In October, home sales in Des Moines soared 34% compared to last year, with 1,547 sold properties compared to 1,150 in 2019, according to the Des Moines Area Association of Realtors. The Des Moines October real estate market was moving fast again with properties selling very quickly,” DMAAR President Lance Hanson said in a statement.

Housing Market 441

Housing Market Marketing Realty Realtors 441

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

APRIL 8, 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 Agents 72

Housing Wire

AUGUST 21, 2020

Romeo Aurelio, a general manager and broker associate at Century 21 Real Estate Alliance, said that the exodus is actually in the rental market, as San Francisco is made up of 70% renters. In fact, Aurelio said that this July home sales have outpaced July 2019. ” No. ” The post A coastal exodus?

Agents 473

Agents Real Estate Inventory Buyers 473