Housing Wire

JANUARY 19, 2024

Unlike other MLSs, MetroList is not exclusively owned or operated by Realtor associations affiliated with the National Association of Realtors. Instead MetroList is owned and operated by local Realtor associations and California Real Estate Brokers, Inc. 18, 2020, and the present. 18, 2020, and the present.

Realtors 363

Realtors Real Estate Real Estate Agent Buyers 363

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. million homes, according to the National Association of Realtors. In August, 58.8%

Buyers 436

Buyers Inventory Real Estate Agent Agents 436

Housing Wire

DECEMBER 12, 2023

The lawsuit was filed by Christina Grace, who sold a house listed on Bay Area Real Estate Information Services MLS (BAREIS MLS) in April 2020 and paid a commission to the buyer’s agent. Sellers can sell their home for more and have their home seen by more buyers while buyers have more choices of homes and can afford representation.

Realtors 442

Realtors Sellers Buyers Real Estate 442

Housing Wire

JANUARY 9, 2024

commission ($10,250) to the buyer broker.” Like the other commission lawsuits, the Masiello suit takes aim at the National Association of Realtors’ Participation Rule, which requires listing brokers to make a blanket offer of compensation to the buyer’s broker in order to list a property on a Realtor-affiliated MLS.

Realty 461

Realty Realtors Real Estate Real Estate Agent 461

Housing Wire

AUGUST 10, 2023

A little over a month after filing an agreement in one of the ongoing buyer broker commission lawsuits, New England’s largest multiple listing service (MLS), MLS Property Information Network (MLS PIN)’s attempt to settle the Nosalek case, has hit a snag. The changes are contingent on the settlement’s approval. “I

Buyers 312

Buyers Realtors Legal Finance 312

Housing Wire

FEBRUARY 12, 2024

9, 2020, and the present, and paid a buyer broker commission. The complaint argues that 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 affiliated MLS, is the “cornerstone of [the] defendants’ conspiracy.” “If

Real Estate 428

Real Estate Real Estate Agent Realtors Buyers 428

Housing Wire

MARCH 28, 2024

The change enabled greater flexibility and choice for sellers when listing a property and gave buyers and buyers’ brokers a vehicle for negotiating for compensation when making an offer to purchase,“ NWMLS wrote in the filing. NWMLS counters that these rule changes increased transparency and removed the potential for steering.

Sellers 363

Sellers Contracts Buyers Realtors 363

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! Anthony is a member of the 2020 , 2021 , 2022 , and 2023 President’s Club. Lamacchia Realty, Inc.

Realtors 72

Realtors Realty Real Estate Agents 72

Housing Wire

MARCH 8, 2024

The lawsuit names the National Association of Realtors and Keller Williams as co-conspirators, but they are not defendants in the suit. Peiffer, a prominent lawyer in the Big Easy, accuses local brokerage firm Latter & Blum of colluding to artificially inflate agent commissions. Latter & Blum did not return a request for comment.

Brokerage 384

Brokerage Sellers Realtors Agents 384

Housing Wire

MAY 28, 2021

since the beginning of 2020, pushing home prices in the San Jose-Sunnyvale-Santa Clara metro up 11.1%. “You’ve got a lot of young buyers — the millennial wave — that are looking to buy in San Jose, because they work at LinkedIn, Google, or Apple, which are all in this area,” Wellman said.

Buyers 298

Buyers Real Estate Agents Inventory 298

Housing Wire

MAY 21, 2021

According to the National Association of Realtors, existing home sales for April’s housing market came in at 5,8500,000. I have been saying we should expect home sales to moderate since the end of summer 2020, and that is what we see in this report. This sales trend looks very normal to me. My biggest fear for the U.S.

Housing Market 541

Housing Market Marketing Inventory Realtors 541

Housing Wire

AUGUST 3, 2023

Originally filed in 2019, the lawsuit won class-action status shortly after, and alleges that some NAR rules, including one that requires listing brokers to offer buyers’ brokers a commission in order to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.

Realtors 340

Realtors Real Estate Sellers Buyers 340

Housing Wire

MAY 10, 2021

Low home prices, large lots, and an up-and-coming downtown area, said Toni Reinhart, a realtor for Iron Valley Real Estate in Harrisburg. And the conversations are different right now for buyers — you’re going to be competing for homes, and you have to bring your A-game and a really competitive offer.”

Buyers 227

Buyers Real Estate Agent Real Estate Inventory 227

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! Since then, she has taken off running and has helped her buyers and sellers reach their goals.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

MARCH 31, 2021

compared to 2020. The Bay City Realtor Association reported that 222 homes have already been sold in 2021 – a 7.9% “People come here and they see our prices, and their eyes become saucers,” said Barb Appold, a realtor for Berkshire Hathaway Home Services MI Real Estate. increase year-over-year.

Buyers 395

Buyers Investors Realtors Agents 395

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. According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients.

Sellers 427

Sellers Buyers Real Estate Contracts 427

Housing Wire

MAY 24, 2021

The National Association of Realtors Confidence Index Survey for April reveals how hot the housing market is. The April 2021 survey was sent to 50,000 Realtors selected from NAR’s over 1.4 “The share of first-time buyers decreased to 31% from 32% in the prior month, and 36% one year ago. .

Realtors 475

Realtors Buyers Housing Market New Listings 475

Housing Wire

OCTOBER 30, 2023

District Court judge in Boston has endorsed a motion to stay the Nosalek buyer broker commission case , allowing the plaintiffs to join the settlement agreements reached by Anywhere and RE/MAX in two separate multi-billion dollar commission lawsuits, Moehrl and Sitzer/Burnett.

Realtors 374

Realtors Real Estate Buyers Sellers 374

Housing Wire

NOVEMBER 12, 2020

According to the National Association of Realtors 2020 Profile of Home Buyers and Sellers, 47% of potential homebuyers said student loan debt was the biggest obstacle in saving for a downpayment. NAR said that the median downpayment for all homebuyers this year was 12% — 7% for first-timers and 16% for repeat buyers.

Buyers 451

Buyers Realtors Sellers Inventory 451

Lamacchia Realty

JANUARY 11, 2024

has released their “Top Producing REALTORS®,” for all of 2023! This program recognizes the Top 10 REALTORS® out of the over 500 agents in Lamacchia Realty by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the year! Cyndi thrives to make her buyers and sellers her top priority.

Realtors 68

Realtors Realty Real Estate Agents 68

Housing Wire

OCTOBER 25, 2023

The plaintiffs in the Nosalek buyer broker commission lawsuit have asked Judge Patti Saris of the U.S. Originally filed in December 2020, the Nosalek lawsuit , named after its lead plaintiff, alleges that the broker-owned MLS PIN is not directly required to abide by the National Association of Realtors (NAR) rules.

Buyers 373

Buyers Realtors Real Estate Sellers 373

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.” Over the last four weeks ending on Sept.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

MAY 10, 2022

As the calendar has turned to May, and the Realtor Legislative Meetings have come to a close, it’s a good time to reflect on research that was released last month and throughout early 2022. These reports highlight the difference home buyers and potential home buyers have when embarking on the buying process.

Housing Market 429

Housing Market Realtors Buyers Inventory 429

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 73

Realtors Realty Real Estate Clients 73

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

NOVEMBER 4, 2022

The National Association of Realtors (NAR) released a report on Friday that found 88% of all first-time homebuyers in the U.S. 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%. million in 2021, up from 50.5

Buyers 369

Buyers Sellers Real Estate Agent Real Estate 369

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 74

Realty Realtors Real Estate Agents 74

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! Additionally, Leslie is a member of the 2019 , 2020 and 2021 President’s Club.

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

DECEMBER 11, 2023

THE HIDDEN COSTS OF SELLING YOUR HOME WITHOUT A REALTOR® There is no denying it, the housing market has been a rollercoaster over the last several years. From the Covid-19 driven frenzy in 2020 to the significant inventory slowdown this year , buyers , sellers , and agents have all had adapt and grow comfortable with change.

Realtors 72

Realtors Real Estate Agent Sellers Realty 72

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. In the motion, HomeServices claimed that no evidence has been presented to show they conspired with the National Association of Realtors (NAR) and other brokerages on rules for commissions.

Law 421

Law Agents Realtors Contracts 421

Housing Wire

JANUARY 20, 2023

million, according to a report from the National Association of Realtors (NAR) released Friday. With the exception of May 2020, when the pandemic had virtually shut down housing market activity, this is the lowest level of monthly home sales in 12 years.” In December, the seasonally adjusted sales pace for existing homes dropped 1.5%

Inventory 365

Inventory Housing Market Realtors Buyers 365

Housing Wire

SEPTEMBER 12, 2023

District Court judge Patti Saris granted preliminary approval of MLS Property Information Network’s (MLS PIN) settlement agreement in the class action buyer-broker commission antitrust lawsuit. Unlike the two other buyer-broker commission lawsuits, Moehrl and Sitzer/Burnett , NAR is not a defendant in the Nosalek lawsuit.

Buyers 379

Buyers Realtors Real Estate Agent Real Estate 379

Housing Wire

JANUARY 26, 2024

month over month in December, according to the newest data from the National Association of Realtors (NAR). It was the largest monthly jump in pending home sales since 2020. Looking ahead Confronted with limited existing home inventory, many buyers have pivoted to newly constructed homes. Pending home sales rose 8.3%

Contracts 454

Contracts Housing Market Construction Inventory 454

Lamacchia Realty

JUNE 6, 2023

has released its “Top Producing REALTORS®,” for May 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! Horton’s VIP Realtor distinction, placing him in the top 5% of REALTORS® in Broward County.

Realtors 73

Realtors Realty Real Estate Clients 73

Housing Wire

DECEMBER 19, 2023

Originally filed in December 2020, the Nosalek lawsuit , alleges that MLS PIN, Keller Williams and HomeServices of America have colluded to artificially inflate real estate agent commissions. Thus, MLS PIN would continue to organize and facilitate brokers’ blanket, unilateral offers of compensation to buyer brokers.”

Real Estate Agent 372

Real Estate Agent Real Estate Buyers Realtors 372

Lamacchia Realty

JANUARY 16, 2023

has released their “Top Producing REALTORS®,” for all of 2022! This program recognizes the Top 10 REALTORS® out of the nearly 500 agents in Lamacchia Realty by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the year! Cyndi thrives to make her buyers and sellers her top priority.

Realtors 73

Realtors Realty Real Estate Agents 73

Housing Wire

FEBRUARY 22, 2024

Worst-case scenario, the broker representing the buyer will have to negotiate their own fee with their client and the seller can no longer be compelled to make a blanket offer of compensation in order to list on the MLS,” Murray said. They have gone through all of this and it will end up being punitive to buyers.

Sellers 417

Sellers Buyers Real Estate Agents 417