Housing Wire

FEBRUARY 16, 2024

A second home seller in Nevada has filed a lawsuit alleging that real estate industry players in the state have colluded to artificially inflate real estate agent commissions. District Court in Las Vegas by Nevada home seller Angela Boykin. 16, 2020, and the present.

Real Estate 460

Real Estate Realtors Realty Brokerage 460

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. But buyers shouldn’t get too excited. of offers written by Redfin agents facing competition in August.

Buyers 468

Buyers Inventory Real Estate Agent Agents 468

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. Kanacki said that when it came to seasonal buying, “we’re still riding the wave with 2020.” Now, believe it or not, fall home-buying season is in full swing.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

JANUARY 16, 2024

The latest copycat commission lawsuit alleges that real estate industry players in Nevada have colluded to artificially inflate real estate agent commissions. District Court in Las Vegas by Nathaniel Whaley, who sold a home in Las Vegas in April 2022 and paid a buyer broker commission.

Realtors 471

Realtors Real Estate Agent Real Estate Sellers 471

Housing Wire

NOVEMBER 28, 2023

The Husky Homes real estate team, led by Alison Crim, has joined Compass , the company announced on Tuesday. Based in Madison, Wisconsin, the team of eight had been affiliated with Keller Williams Realty Madison East since its debut in 2020. “We The team specializes in buyer and seller representation as well as new construction.

Real Estate Agent 435

Real Estate Agent Real Estate Realty Technology 435

Housing Wire

JANUARY 18, 2024

The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate industry of colluding to artificially inflate real estate agent commissions. Patrick Thurber, a California home seller, is an additional named plaintiff in the suit.

Realtors 529

Realtors Brokerage Realty Real Estate 529

Housing Wire

FEBRUARY 12, 2024

On Friday, home seller plaintiff Dalton Jensen filed an antitrust lawsuit in U.S. District Court in Utah, accusing real estate industry players of colluding to artificially inflate real estate agent commissions. 9, 2020, and the present, and paid a buyer broker commission.

Real Estate 466

Real Estate Real Estate Agent Realtors Buyers 466

Housing Wire

FEBRUARY 16, 2024

The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. “The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states.

Sellers 459

Sellers Buyers Real Estate Contracts 459

Housing Wire

APRIL 13, 2021

1 city in population growth for the last eight years and it was the hottest job market in 2019 and 2020, according to the Wall Street Journal. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap.

Housing Market 535

Housing Market Buyers Marketing Real Estate Agent 535

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. I wanted to close before May 1, so I selected a buyer who was already in underwriting. I briefly considered a “listing only” agent , but chickened out.

Agents 434

Agents Real Estate Agent Brokerage Real Estate 434

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. The copycat commission lawsuits have made it to the West Coast.

Realtors 475

Realtors Sellers Buyers Real Estate 475

Housing Wire

APRIL 5, 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. The post Threat of climate change looms large for some home buyers appeared first on HousingWire. “I had one client in St.

Buyers 490

Buyers Real Estate Agent Real Estate Brokerage 490

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

Sellers 448

Sellers Buyers Real Estate Agents 448

Housing Wire

JANUARY 9, 2024

District Court in Arizona, Joseph Masiello, an Arizona resident and home seller, accuses several real estate companies of colluding to artificially inflate real estate agent commissions. According to the filing, Masiello was “required to pay a 2% commission ($8,200) to the seller broker and a 2.5%

Realty 488

Realty Realtors Real Estate Real Estate Agent 488

Housing Wire

APRIL 23, 2024

That’s kind of evaporated,” Martell said on Tuesday morning in a session during The Gathering , HousingWire’s real estate and mortgage conference held in Scottsdale, Arizona. The company now has a digital HELOC offering. Judge Stephen R. Martell believes there will not be “a zero commission” market.

Mortgage 351

Mortgage Real Estate Agent Real Estate Renovations 351

Housing Wire

JANUARY 19, 2024

the copycat suit alleges that real estate industry players have colluded to artificially inflate real estate agent commissions. Defendants’ conspiracy inflated buyer broker commissions, which in turn inflated the total commissions paid by Class Members. 18, 2020, and the present.

Realtors 420

Realtors Real Estate Real Estate Agent Buyers 420

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.

Agents 432

Agents Real Estate Agent Real Estate Sellers 432

Housing Wire

NOVEMBER 4, 2022

The share of Black and Asian first-time buyers is down from 6% in 2021, while the share of white first-time buyers is up from 82% and Hispanic homebuyers up from 7%. Conversely, White and Hispanic Americans experienced gains in buyer shares. NAR found the age of repeat buyers increased to 59 years from 56 years last year.

Buyers 409

Buyers Sellers Real Estate Agent Real Estate 409

Housing Wire

MARCH 5, 2024

An assumable mortgage enables a qualified buyer to take over a seller’s mortgage terms, including the existing balance and interest rate. trillion in mortgages were originated in 2020 and 2021, the Mortgage Bankers Association (MBA) reported. How do you help real estate agents? Raunaq Singh About $8.5

Mortgage 463

Mortgage Buyers Agents Real Estate Agent 463

Housing Wire

JANUARY 9, 2024

Like the other copycat commission lawsuits, the plaintiff James Tuccori, an Illinois resident who purchased a home listed on the local MLS in 2018 with the help of an @properties agent, is accusing real estate industry players of colluding to artificially inflate real estate agent commissions.

Property Management 434

Property Management Real Estate Agents Brokerage 434

Housing Wire

JULY 26, 2021

That kind of drawn-out timetable is typical for the majority of western nations that use the auctioneer system where a seller works with one, perhaps two, auctioneers. fee to the seller. They also had to pay for the brokerage sign outside their home, newspaper advertising, online ads and the brochures for potential buyers.

Real Estate Agent 397

Real Estate Agent Real Estate Sellers Legal 397

Housing Wire

DECEMBER 19, 2023

The home seller plaintiffs and MLS Property Information Network’s (MLS PIN) efforts to address the Department of Justice’s “significant concerns” about their proposed settlement agreement in the Nosalek commission lawsuit were not enough. Leal also asked Saris to give the DOJ until Feb.

Real Estate Agent 425

Real Estate Agent Real Estate Buyers Realtors 425

Housing Wire

MARCH 27, 2024

The company collects a 3% buyer agent commission, keeps a third of it, and refunds the rest to the buyer; it does not charge a seller agent commission fee. DR Horton and Dream Finders both ranked in the top 10 in 2019, and Lennar made a top 10 appearance in 2020. However, new-home sales were up 5.9%

Brokerage 463

Brokerage Realty Real Estate Inventory 463

Housing Wire

FEBRUARY 15, 2024

Named after its lead plaintiff, the Nosalek suit alleges that MLS PIN, HomeServices of America , Keller Williams , RE/MAX and Anywhere colluded to artificially inflate real estate agent commissions. The suit was first filed in 2020 in U.S. District Court in Boston.

Brokerage 428

Brokerage Real Estate Agent Buyers Real Estate 428

Housing Wire

JULY 13, 2021

Per a recent Redfin study , 65% of home offers written by company agents in June faced competition, down from a rate of 72.1% But recently, we’ve started to see buyers get cold feet. Two of my buyers just had their offers accepted because the sellers’ first buyers backed out. in May and a peak of 74.1%

Inventory 511

Inventory Housing Market Real Estate Agent Buyers 511

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. How much is a part-time real estate agent salary?

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

APRIL 7, 2021

“The pandemic has catalyzed purchases by millennial first-time buyers, many of whom can now work from anywhere.” ” Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process.

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Housing Wire

FEBRUARY 9, 2024

In a video discussing its marketing strategy, also released this week, CoStar tells real estate agents that it plans to run the Homes.com ads on streaming platforms, broadcast TV and digital radio, as well as during major events. Looking ahead, Florance feels it is only a matter of time before Homes.com overtakes Zillow. “We

Marketing 471

Marketing Advertising Real Estate Real Estate Agent 471

Housing Wire

NOVEMBER 16, 2021

Change is inevitable, and there is arguably no industry more prone to change than American real estate. From rapid technological advancements employed by real estate agents to innovations surrounding ways consumers can view housing information, the market has continued to adapt and evolve to better serve American consumers.

Real Estate Agent 365

Real Estate Agent Agents Sellers Real Estate 365

Housing Wire

OCTOBER 23, 2023

KANSAS CITY, Missouri — The second week of the Sitzer/Burnett class-action buyer broker commission antitrust lawsuit kicked off with a bang. She also said that HomeService’s guidelines state that listing brokers need to compensate buyer brokers only when the property is in the MLS.

Law 458

Law Agents Realtors Contracts 458

Housing Wire

APRIL 13, 2021

A new report from Redfin shows that homes listed midweek sell for an average of $1,700 more than homes listed on the weekend, based on homes sold above their list price from July 2020 through February 2021. “And listing on a Sunday or Monday means buyers may lose interest before the following weekend,” Fairweather said.

Sellers 435

Sellers Buyers Real Estate Agent Real Estate 435

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

MAY 11, 2022

In this hot housing market, Michigan-based wholesale lender Homepoint understands the key to originating more home loans is ensuring more sellers accept offers made by its buyers. To do that it relies on the two words sellers increasingly want to hear: “All cash.”

Lending 397

Lending Real Estate Agent Investors Finance 397

Housing Wire

JANUARY 4, 2021

If you’re looking to buy a home, you’ll stand the best chance in a buyer’s housing market, where listings are flush, demand is low and buyers have the upper hand — not to mention most of the negotiating power. Seller’s markets, on the other hand, are on the opposite side of the spectrum. A buyer’s market in 2021?

Housing Market 546

Housing Market Marketing Buyers Real Estate Agent 546

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. By the end of 2020 the organization’s membership had soared to 1.48 million members.

Agents 397

Agents Real Estate Agent Real Estate Clients 397

Housing Wire

JUNE 14, 2022

Compass on Tuesday said that it has shut down Modus Technologies , a Seattle-based company that Compass bought in October 2020, heralding its entry point into the title and escrow space. It also plans to reduce costs by not backfilling roles and by getting out of real estate office leases. So buyers are getting concerned.”.

Marketing 370

Marketing Real Estate Real Estate Agent Brokerage 370

Housing Wire

FEBRUARY 25, 2021

How 2020 exposed a greater need for collaboration between real estate agents and LOs. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. In 2020, the business line accounted for the majority of the company’s revenue and expenses.

Real Estate Agent 413

Real Estate Agent Home Value Real Estate Loan Officers 413