Housing Wire

NOVEMBER 13, 2023

I recently read editorials and articles by such esteemed publications as The Economist , Entrepreneur Magazine , and The Wall Street Journal concerning the antitrust real estate commission lawsuits. And this one, “If not for the Realtors rule, many buyers wouldn’t use brokers or would negotiate lower commissions.

Real Estate 354

Real Estate Realtors Agents Buyers 354

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. As September is Realtor Safety Month, the National Association of Realtors has released its 2020 Member Safety Report.

Open Houses 545

Open Houses Realtors Real Estate Agent Agents 545

Housing Wire

OCTOBER 3, 2023

As the commission lawsuits heat up, real estate brokers are gearing up to add buyer representation agreements and training, cut costs and hone value propositions, according to RealTrends Q4 2023 BrokerPulse survey. Only 1% of respondents say they are restructuring their compensation model.

Real Estate 383

Real Estate Brokerage Agents Training 383

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 355

Real Estate Real Estate Agent Agents Brokerage 355

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 381

Real Estate Brokerage Agents Advertising 381

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 375

Brokerage Real Estate Realtors Real Estate Agent 375

Housing Wire

SEPTEMBER 16, 2021

Referrals from past and repeat customers still generated the greatest number of inquiries for real estate firms in 2020 with 30% of brokerage business coming from this source, the same amount as in 2018, when the survey was last completed. In 2018, 1% of surveyed brokerages said their business came from open houses. million in 2018.

Real Estate 353

Real Estate Business Brokerage Open Houses 353

Housing Wire

SEPTEMBER 18, 2020

No matter how experienced a real estate agent is, he or she relies on leads for business growth. The post What conversion rate should real estate agents expect when they purchase leads? What about the other 97% to 99% – the consumers who expressed interest but aren’t ready to purchase right now? Already a member?

Real Estate Agent 434

Real Estate Agent Real Estate Agents Technology 434

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 427

Brokerage Realty Real Estate Agent Real Estate 427

Housing Wire

JANUARY 16, 2024

In an amended complaint filed on Friday, the plaintiffs’ counsel named Vanguard Properties , Twin Oaks Real Estate , Windermere Real Estate Services Company , Rapisdara & Fox and Realty One Group , as additional defendants in the antitrust suit. 8, 2019, and the present.

Brokerage 399

Brokerage Realtors Realty Real Estate 399

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. Damages in the suit could reach $13.7

Real Estate Agent 380

Real Estate Agent Realtors Real Estate Sellers 380

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 445

Real Estate Real Estate Agent Sellers Realty 445

Housing Wire

JANUARY 11, 2024

When Kevin Sears stepped into the role of National Association of Realtors president on Monday following Tracy Kasper’s resignation , he became the trade organization’s third president in a little over four months. A licensed agent since 1994, Sears is a second-generation real estate professional. Charlie Baker.

Realtors 397

Realtors Real Estate Legal Law 397

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. A lot of this depends on the homebuyer’s lender.

Real Estate 368

Real Estate Real Estate Agent Clients Agents 368

Housing Wire

FEBRUARY 28, 2024

The National Association of Realtors is facing yet another copycat commission lawsuit. At the center of the lawsuit is NAR’s Participation Rule, which requires listing brokers to make a blanket offer of compensation to buyer’s brokers in order to list a property on a Realtor association affiliated MLS. 2, 2019, and Oct.

Realtors 402

Realtors Legal Agents Brokerage 402

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. The National Association of REALTORS will respond to this complaint in court.”

Realtors 444

Realtors Sellers Buyers Real Estate 444

Lamacchia Realty

MAY 7, 2024

has released its “Top Producing REALTORS®,” for April 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Earlier last year, Shauna was ranked on the 2023 RealTrends America’s Best Real Estate Professionals list.

Realtors 72

Realtors Realty Real Estate Clients 72

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 377

Real Estate Government Technology Real Estate Agent 377

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. Both lawsuits are seeking class-action status. These allegations are absurd.

Realty 427

Realty Realtors Brokerage Real Estate 427

Raleigh Realty

FEBRUARY 19, 2022

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' and in order to answer that question, you need to understand how Real Estate Agents make money. If you're looking to make 100k in your first year as a Realtor you'll want to first reverse engineer the process.

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

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. Like RE/MAX in Sitzer/Burnett, United Real Estate, a flat fee brokerage, was also named to the Gibson lawsuit.

Real Estate 422

Real Estate Sellers Realtors Real Estate Agent 422

Housing Wire

FEBRUARY 27, 2024

Like the other commission lawsuits, the Umpa suit alleges that the National Association of Realtors (NAR) and more than a dozen other real estate industry firms have colluded to artificially inflate agent commissions. United Real Estate also filed a motion to dismiss the suit for failure to state a claim.

Realty 396

Realty Real Estate Law Brokerage 396

Housing Wire

JANUARY 11, 2024

The Real Estate Board of New York is now fighting a second copycat commission lawsuit. In addition to REBNY and Douglas Elliman, the complaint names Christie’s International Real Estate , Brown Harris Stevens , SERHANT. 29, 2019, to the present. Garfield & Co. ,

Real Estate 413

Real Estate Sellers Real Estate Agent Agents 413

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. 27, 2019, and the present. The National Association of Realtors will respond to this complaint in court.” The lawsuit is seeking class action status for everyone in the U.S.

Sellers 408

Sellers Brokerage Real Estate Realtors 408

Lamacchia Realty

APRIL 8, 2024

has released its “Top Producing REALTORS®,” for March 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Earlier last year, Shauna was ranked on the 2023 RealTrends America’s Best Real Estate Professionals list.

Realtors 71

Realtors Realty Real Estate Agents 71

Housing Wire

JANUARY 9, 2024

A seasoned Realtor , Hines was Sotheby’s top broker in sales volume in West Seattle in 2018-2019 and also appeared on Forbes Market Leader’s list. million in real estate. Together, the three agents will cover West Seattle and the Eastside areas of Seattle. In total, the team sold $68.6

Realty 379

Realty Brokerage Agents Real Estate 379

Lamacchia Realty

APRIL 19, 2024

With Lynn comes local expertise of her hometown in Lunenburg where she has been the number one REALTOR since 2019, and all surrounding areas in north central Massachusetts. Over her career, she’s done $128M in sales volume and has been ranked as the Top Agent in Lunenburg since 2019.

Realty 74

Realty Realtors Training Clients 74

Housing Wire

MARCH 29, 2024

residential real estate market that lacks empirical support, conflicts with principles of the Sherman Act, and has negative practical implications for consumers which DOJ has not taken into account.” The brief states that the court should ignore the DOJ’s objections to these rule changes for a variety of reasons.

Sellers 426

Sellers Real Estate Buyers Contracts 426

Housing Wire

NOVEMBER 10, 2023

It appears that no real estate brokerage firm in the U.S. District Court in the Southern District of New York, alleging that Real Estate Board of New York rules governing the multiple listing service in Manhattan kept commissions high and violated state and federal antitrust laws. 8, 2019, and the present.

Real Estate 464

Real Estate Brokerage Sellers Law 464

Lamacchia Realty

FEBRUARY 6, 2024

has released its “Top Producing REALTORS®,” for January 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by the office with the highest transaction numbers or sales for the month! Additionally, Eileen was ranked on the 2023 RealTrends America’s Best Real Estate Professionals list!

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

MARCH 7, 2024

has released its “Top Producing REALTORS®,” for February 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lisa Gray is an experienced REALTOR® working out of the Salem, NH office and is licensed in MA, NH, and ME!

Realtors 72

Realtors Realty Real Estate Clients 72

Lamacchia Realty

JANUARY 3, 2024

has released its “Top Producing REALTORS®,” for December 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! She was awarded Most Transactions and Most Sales Volume in 2018 2019 , 2020 , and 2021 for our Woburn Office.

Realtors 73

Realtors Realty Real Estate Clients 73

Housing Wire

DECEMBER 20, 2023

The National Association of Realtors , Keller Williams and HomeServices of America , have asked judge Andrea Wood to rule on the suit based on the evidence that has been presented during the discovery period of the proceedings. After almost five years of litigation, it is clear that Keller Williams Realty, Inc.

Real Estate 372

Real Estate Sellers Realtors Brokerage 372

Housing Wire

OCTOBER 31, 2023

A Kansas City jury has found the National Association of Realtors , HomeServices of America and Keller Williams guilty of colluding to inflate or maintain high commission rates through NAR’s Clear Cooperation Rule, in the Sitzer/Burnett buyer broker commission lawsuit. The defendants have been ordered to pay damages of $1.78

Brokerage 545

Brokerage Realtors Sellers Buyers 545

Housing Wire

JUNE 11, 2021

No surprise, big growth is the theme of 2020, with RealTrends + Tom Ferry The Thousand and America’s Best Real Estate Professionals showing huge boosts in transactions sides and volume, yet productivity has not increased year to year (2019-2020). million licensed Realtors nationwide. in 2020 over 2019.

Realty 435

Realty Real Estate Brokerage Agents 435

Lamacchia Realty

DECEMBER 5, 2023

has released its “Top Producing REALTORS®,” for November 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! She was awarded Most Sales and Most Sales Volume in 2018 2019 , 2020 , and 2021 for our Woburn Office.

Realty 73

Realty Realtors Real Estate Agents 73

Lamacchia Realty

NOVEMBER 3, 2023

has released its “Top Producing REALTORS®,” for October 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Leslie loves helping people and loves that real estate is a combination of education and professional service!

Realtors 74

Realtors Realty Real Estate Clients 74