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.

Real Estate 313

Real Estate Real Estate Agent Agents Brokerage 313

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 395

Real Estate Brokerage Sellers Law 395

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. They must be U.S.-based,

Brokerage 365

Brokerage Real Estate Realty Real Estate Agent 365

Housing Wire

DECEMBER 8, 2023

Originally filed in late November, the Phillips lawsuit accuses real estate industry players of colluding to artificially inflate real estate agent commissions. This system, with its veiled surcharges, illegally warps the real estate market.”

Brokerage 417

Brokerage Realty Real Estate Agent Real Estate 417

Housing Wire

DECEMBER 6, 2022

Amy Breach, Real Estate broker on the Hill Team in Seattle for Keller Williams. The builder’s real estate agent swapped in the middle of the transaction, so things got a bit mixed up and no one updated the clients’ files to reflect the change in lender,” Summers explained.

Real Estate 353

Real Estate Real Estate Agent Clients Agents 353

Housing Wire

NOVEMBER 17, 2021

Podcast: Comparing real estate team and brokerage profitability. Study: It’s true, real estate teams outperform brokerage firms. However, these super-sized teams aren’t the only ones turning a profit — a profit that dwarfs most real estate brokerage’s profit. Real estate team profitability is stunning.

Real Estate 368

Real Estate Brokerage Agents Advertising 368

Housing Wire

NOVEMBER 30, 2021

real estate?market The year 2019 taught us that any natural or economic force can wildly shift expectations into the stratosphere. business as a real?estate?professional. Finding out that Chicago’s real estate market could still skyrocket a double-digit percentage?is a stellar real estate team.

Real Estate 426

Real Estate Agents Real Estate Agent Business 426

Housing Wire

APRIL 22, 2024

With home sales still at historically low levels and uncertainty over the commission lawsuits , real estate brokerage executives prize good leads more than ever. Anthony Djon, CEO of Anthony Djon Luxury Real Estate , said his company gets 90% of its leads from listing portals Zillow and Realtor.com.

Brokerage 333

Brokerage Real Estate Realtors Real Estate Agent 333

Housing Wire

NOVEMBER 27, 2023

On Wednesday, home seller plaintiffs in northern Georgia filed a class-action antitrust lawsuit accusing real estate industry players of colluding to artificially inflate real estate agent commissions. This system, with its veiled surcharges, illegally warps the real estate market.”

Real Estate 434

Real Estate Real Estate Agent Sellers Realty 434

Housing Wire

MARCH 28, 2024

Originally filed in March 2019, the Moehrl lawsuit alleges that real estate industry participants including HomeServices, the National Association of Realtors (NAR), Anywhere , RE/MAX and Keller Williams conspired to artificially inflate real estate agent commissions.

Real Estate Agent 338

Real Estate Agent Realtors Real Estate Sellers 338

Housing Wire

OCTOBER 13, 2023

. “It means access to the industry’s leading technology platform and a vast agent referral network that will yield the greatest returns over time.” ” The Beinfield Team was with Compass from December 2019 to January 2023 before departing for Houlihan Lawrence in February.

Real Estate Agent 382

Real Estate Agent Agents Brokerage Real Estate 382

Housing Wire

APRIL 12, 2023

Olufolajimi Abegunde, a Nigerian citizen living in Atlanta, and Javier Luis Ramos-Alonso, a Mexican citizen living in Seaside, California, were each convicted in 2019 in federal court in Tennessee of participating in a sophisticated international email-hacking scheme that bilked its targets out of hundreds of thousands of dollars.

Real Estate 351

Real Estate Government Technology Real Estate Agent 351

Housing Wire

FEBRUARY 21, 2024

Second Century Ventures , NAR’s strategic investment division, included Curbio in its “REACH” startup growth program in 2019. Today’s sellers want to work with real estate agents who offer added value, including the ability to get their home market-ready and spruced up without having to pay upfront,” said Olivia Mariani, CMO at Curbio.

Home Improvement 375

Home Improvement Realtors Real Estate Agent Inspection 375

McKissock

APRIL 28, 2021

It makes sense, but it can make the real estate process even tougher for buyers. That means it’s often the real estate agent’s job to ease their minds and lighten the situation. As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process.

Real Estate Agent 87

Real Estate Agent Real Estate Buyers Agents 87

Housing Wire

JANUARY 11, 2024

The Real Estate Board of New York is now fighting a second copycat commission lawsuit. 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. 29, 2019, to the present. Garfield & Co. ,

Real Estate 378

Real Estate Sellers Real Estate Agent Agents 378

McKissock

MAY 11, 2021

Hopefully, as a successful real estate agent, your income will continue to increase throughout your career. That’s certainly the case for 65% of the real estate agents we surveyed who reported a rise in their earnings from 2018 to 2019. How a successful real estate agent earns more.

Real Estate Agent 57

Real Estate Agent Real Estate Business Agents 57

Housing Wire

MARCH 14, 2024

Like the Department of Justice , the Federal Reserve has decided to weigh in on the real estate agent commission debate. They noted that in the Houston metro area, between 1997 and 2019, 2.58 of them including an offer to pay 3% of the sales price to the buyer’s agent.

Agents 359

Agents Legal Real Estate Agent Buyers 359

Housing Wire

DECEMBER 30, 2020

The program, which first launched in October 2019 , already offers features including RealSure Sell, which gives home sellers the certainty of a cash offer while they work with an agent to bring a better offer. Luxury real estate brand Engel & Völkers launched MaX earlier this month.

Real Estate 227

Real Estate Sellers Real Estate Agent Agents 227

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. Affordability has always been a challenge,” said Ashkán Zandieh, managing partner and industry chair at the Center for Real Estate Technology and Innovation. “In

Finance 376

Finance Investing Real Estate Agent Real Estate 376

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 417

Real Estate Agent Real Estate Brokerage Agents 417

Housing Wire

MARCH 27, 2024

Its listings in 2023 fell below its 2019 level, although the drop was less steep than that experienced outside of Florida and far less steep than other metros like San Diego. Competition heats up In 2019, Watson Realty Corp. DR Horton and Dream Finders both ranked in the top 10 in 2019, and Lennar made a top 10 appearance in 2020.

Brokerage 387

Brokerage Realty Real Estate Inventory 387

McKissock

SEPTEMBER 20, 2020

As a real estate agent, your income is determined by your ability to close the deal. To successfully master the art of real estate negotiations, you’ll want to find the most creative and powerful strategies available. Check out our post: Best Books for New Real Estate Agents. Richard Shell.

Real Estate Agent 73

Real Estate Agent Real Estate Agents Contracts 73

Housing Wire

NOVEMBER 8, 2023

The Missouri judge who oversaw the landmark Sitzer/Burnett real estate commission lawsuit will also preside over the Gibson lawsuit brought by Michael Ketchmark, who represented the plaintiffs in Sitzer/Burnett. Redfin was likely named because its salaried agents offer standard commission rates to buyer brokers.

Real Estate 397

Real Estate Sellers Realtors Real Estate Agent 397

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 375

Agents Real Estate Agent Real Estate Sellers 375

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. That just shows you how impactful the cost of insurance is in the real estate market.”

Real Estate Agent 424

Real Estate Agent Insurance Real Estate Agents 424

Housing Wire

MARCH 26, 2024

Three agents formerly affiliated with Keller Williams Realty — Jerri L. Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. This change will not affect agents that retire or leave the real estate brokerage business.

Brokerage 492

Brokerage Legal Agents Realty 492

Housing Wire

JANUARY 27, 2021

Technology has rapidly changed the process for listing and buying homes, and the general public is taking note and adjusting their expectations of what a real estate broker should be. The public is demanding a broker that offers the same cost savings and efficiencies in the real estate market that they receive everywhere else.

Real Estate 329

Real Estate Agents Brokerage Sellers 329

Housing Wire

MARCH 8, 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,” Dan Burnett, head of investor product at Hometap, said in an interview with HousingWire. Burnett: After being founded in 2017, we made our first investments in 2018 and 2019.

Investing 320

Investing Real Estate Agent Marketing Real Estate 320

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

FEBRUARY 22, 2021

A former executive at Auto Nation and Home Depot among other companies, Liebert was a fixture at last week’s “Family Reunion,” an annual gathering of Keller real estate agents. Liebert does not have a background in real estate. Team also did not have a real estate background. The firm’s U.S.

Real Estate Agent 376

Real Estate Agent Brokerage Real Estate Advertising 376

Housing Wire

FEBRUARY 10, 2021

Zillow entered a new corner of real estate Wednesday, announcing a definitive agreement to buy ShowingTime for $500 million. The splashy buy further situates Zillow as more than a website with pictures of homes for sale, but a competitor to real estate brokerages. and Canada use their software.

Real Estate 530

Real Estate Agents Real Estate Agent Brokerage 530

Housing Wire

JANUARY 2, 2024

For many real estate professionals, 2023 was the year of the commission lawsuit , and the year could not end without one last copycat suit. who sold a house on an MLS and used an agent from one of the brokerage defendants between Dec. 27, 2019, and the present.

Sellers 379

Sellers Brokerage Real Estate Realtors 379

Housing Wire

DECEMBER 17, 2021

Nominations for the 2022 HousingWire Tech100 Mortgage and Tech100 Real estate are closing today. The Tech100 Real Estate Award recognizes the 100 technology companies that are changing the home sales process forever – from home search to lead management solutions, and remote closing to transaction management software.

Real Estate Agent 344

Real Estate Agent Real Estate Retail Technology 344

Housing Wire

MARCH 15, 2022

The key to winning purchase business in 2022 remains as it was in 2021, the year before that, and the year before that – building and maintaining relationships with real estate agents. “The agent is crucial,” he added. trillion, while refinances will plummet by 62% to $860 billion from $2.26 trillion in 2021.

Realtors 391

Realtors Real Estate Agent Real Estate Agents 391

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

MAY 28, 2021

” How real estate agents can alleviate consumer pain points in a tight market. The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. But until then, the housing market will remain red-hot.”

Buyers 417

Buyers Real Estate Agent Real Estate Inventory 417

Housing Wire

MARCH 16, 2022

in 2019, but they are still much more likely than non-Hispanic whites to get denied a conventional loan. One real estate agent interviewed by the NAHREP surveyors said the biggest challenge in 2021 was discrimination against FHA borrowers. Last year, the Hispanic homeownership rate grew to 48.4% from 47.5%

Real Estate Agent 370

Real Estate Agent Real Estate Agents Sellers 370