Housing Wire

MARCH 11, 2022

According to the legal filings , Barber’s alleged goal was to take real estate “prospects and leads assigned to other brokers” for “his own personal benefit” and that of the other defendants, Darcy Varney and eXp Realty. He has been an agent for eXp since then. and 5:30 a.m. Barber’s contract was terminated on Feb.

Real Estate 315

Real Estate Realty Real Estate Agent Legal 315

Housing Wire

NOVEMBER 8, 2023

Another day and another class-action antitrust commission lawsuit accusing the real estate industry of colluding to inflate real estate agent commissions has been filed. But this latest one comes with a twist — it was filed by homebuyers, unlike the others filed by home sellers.

Real Estate 417

Real Estate Realtors Sellers Agents 417

Housing Wire

JANUARY 11, 2024

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. Instead, if a seller wishes to compensate the buyer’s agent, they must pay the agent themselves. The suit was filed in late December in U.S.

Real Estate 376

Real Estate Sellers Real Estate Agent Agents 376

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. Masiello sold a home on an Arizona MLS through HomeSmart “in or about October 2021.”

Realty 452

Realty Realtors Real Estate Real Estate Agent 452

Housing Wire

DECEMBER 27, 2023

Zillow Group acquired ShowingTime in 2021. However, in 2021, the MLS defendants and other MLSs joined together to create MLS Aligned, which acquired another showing management platform which was rebranded as Aligned Showings. This is just the latest lawsuit alleging anticompetitive behavior in the real estate industry.

Real Estate 484

Real Estate Agents Real Estate Agent Sellers 484

Housing Wire

MAY 1, 2024

district court in Florida, accusing HomeServices and its subsidiaries, BHH Affiliates and HSF Affiliates , of conspiring to artificially inflate real estate agent commissions. On Monday, homebuyer James Lutz filed a class-action antitrust lawsuit in a U.S. Lutz is being represented in the suit by Randall P.

Sellers 381

Sellers Realtors Real Estate Agent Real Estate 381

Housing Wire

NOVEMBER 7, 2023

That’s a 4% year-over-year increase of 511 principal agents since Q3 2022 and a 3% increase of 422 agents compared to the second quarter of 2023. Additionally, Compass posted a 98% principal agent retention rate for the quarter —the second-highest retention rate since the company went public in April 2021.

Agents 333

Agents Real Estate Agent Realtors Brokerage 333

Housing Wire

NOVEMBER 17, 2021

2021 RealTrends Team Profitability Study. 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 368

Real Estate Brokerage Agents Advertising 368

Housing Wire

APRIL 28, 2022

Residential real estate brokerages will not do as well in 2022 as they did in 2021, but let’s not get carried away. billion in quarterly revenue, but the vast majority of that is from home sale commissions, which largely are returned to the company’s independent contractor real estate agents.

Mortgage 338

Mortgage Brokerage Agents Real Estate Agent 338

Housing Wire

NOVEMBER 16, 2021

million in membership dues from 1.542 million members, who are mostly real estate agents and brokers. Also, NAR forecasts to have $160 million in operating reserves at the end of 2021, a more than threefold leap from the $50 million in reserves at 2020s end. One board member asked how much of the dues go to legal defense.

Real Estate Agent 346

Real Estate Agent Agents Real Estate Realtors 346

Housing Wire

JANUARY 29, 2024

In an amended complaint filed on Friday, home sellers Danielle and Jessie Kay (who sold a house in Baden, Pennsylvania, in December 2021 with the help of an agent from Realty One Group Gold Standard ) were added as a plaintiff. The Pennsylvania copycat commission lawsuit has some new defendants and a new plaintiff.

Brokerage 308

Brokerage Realty Real Estate Real Estate Agent 308

Empire Appraisal Group

FEBRUARY 29, 2024

Lusky, DigitalVision, Getty Images Source: [link] FSBO Sellers Regret Not Having an Agent By Melissa Dittmann Tracey Survey: Sellers who go-it alone are twice as likely to be unsatisfied with the experience – and more likely to say their earlier opinion, “agents are overpaid,” was wrong.

Sellers 78

Sellers Agents Real Estate Agent Real Estate 78

Cleveland Appraisal Blog

SEPTEMBER 21, 2023

Now our app is used in 172 countries, we have more than 1 million floor plans produced and our use cases range from real estate photographers, appraisers, agents, property managers, HVAC contractors, insurance and home inspectors, space planners, software developers & other professionals all around the world. The best part?

Marketing 300

Marketing Real Estate Agent Real Estate Appraisal 300

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 354

Property Management Real Estate Agents Brokerage 354

The Robert Weiler Company

JANUARY 2, 2021

While the buyer takes possession of the property, as with mortgages, the seller retains the deed and legal title to the property as security and collateral until the installment payments are completed. Land contracts also do not require involvement with banks, lenders, or real estate agents. No legal title.

Contracts 143

Contracts Tenants Legal Sellers 143

Housing Wire

FEBRUARY 14, 2022

But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. These employee agents are exceedingly more productive than the average independent contractor agent. million real estate agents. Redfin pulled $1.3

Business 363

Business Brokerage Real Estate Agent Agents 363

Housing Wire

JANUARY 27, 2022

The home officially sold on May 14, 2021, for $16 million. As a result of this leak, Arrington tweeted that he and his family have been forced to move out of the house as their security team “could not find a way to make it work” and that they are taking ongoing legal action. There is usually more bark than bite,” Nourmand said.

Agents 304

Agents Real Estate Real Estate Agent Realty 304

Housing Wire

JANUARY 31, 2022

The home officially sold on May 14, 2021, for $16 million. As a result of this leak, Arrington tweeted that he and his family have been forced to move out of the house as their security team “could not find a way to make it work” and that they are taking ongoing legal action. There is usually more bark than bite,” Nourmand said.

Agents 297

Agents Real Estate Real Estate Agent Realty 297

Housing Wire

OCTOBER 23, 2023

A judgment as a matter of law is permissible if there is no legally sufficient basis for a reasonable jury to find for the nonmoving party (in this instance, the plaintiffs) on the issue. According to Warner, the module that mentions commissions had just 138 views in 2020 and 2021, combined, among HomeServices’ 51,000 agents.

Law 402

Law Agents Realtors Contracts 402

Housing Wire

JULY 12, 2022

A certification lightens the legal liability of bias. But Fannie Mae, based on 121,000 property data collection submissions in its pilot from April 2021 through March 2022, said lenders were able to shave off, on average, four days compared to traditional appraisals. How much less, Brenan wouldn’t say.

Appraisal 400

Appraisal Inspection Real Estate Agent Training 400

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. More home sellers on the East Coast are getting in on the commission lawsuit action. Both lawsuits are seeking class-action status.

Realty 412

Realty Realtors Brokerage Real Estate 412

Housing Wire

JANUARY 27, 2022

A report published by the Government Accountability Office in July 2021, found that as of August 2020, FEMA’s debt was $20.5 Both NAR and Fannie Mae seek a policy that requires more disclosure – especially amid a real estate or mortgage transaction – about a home’s flood history and future risk assessment.

Insurance 346

Insurance Government Law Real Estate Agent 346

Lamacchia Realty

JUNE 8, 2021

If you believe your home has foundation damage and you’re looking to sell, there are a few steps you need to take to cover yourself legally and get the most money possible for your home. Hire a real estate agent to handle negotiations on your behalf. April 8, 2021. February 4, 2021. April 8, 2021.

Real Estate Agent 66

Real Estate Agent Inspection Realty Legal 66

Housing Wire

NOVEMBER 1, 2023

After the exclusions and tinkering, the researchers were left with about 265,000 listings across 34 metros with data pertaining to price, building features, page views and more captured between June 2021 and February 2022. The majority comes from our customers’ own searches as well as automatically generated alerts that we send to customers.”

Clients 416

Clients Agents Buyers Sellers 416

Lamacchia Realty

DECEMBER 11, 2023

According to the National Association of REALTORS® , 10% of homes sold in 2021 were FSBO. The average FSBO home sold was $225,000 compared to $330,000 for agent-assisted home sales. Real estate agents are far more in tune with the current market.

Realtors 68

Realtors Real Estate Agent Sellers Realty 68

McKissock

NOVEMBER 16, 2021

McKissock Real Estate is now seeking participants for the 2021 State of the Real Estate Profession survey. Your insights will help us produce our fourth annual State of the Real Estate Profession report that will feature actionable insights on how to grow your real estate business.

Real Estate 52

Real Estate Real Estate Agent Legal Agents 52

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. The debt level, both current and anticipated in 2021, is worrisome. 2020: #6 Individual Agent, Keller Williams, Worldwide. Jones, PhD.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

APRIL 12, 2023

Among those targets were a Memphis-based real estate company and a title company in Washington state that combined were swindled out of more than $200,000 through the scam. The victims targeted can be lenders, real estate agents, title companies and other escrow agents, attorneys as well as homebuyers and sellers.

Real Estate 354

Real Estate Government Technology Real Estate Agent 354

Housing Wire

AUGUST 4, 2022

The brokerage focuses on serving real estate professionals by offering them access to integrated technology, including a web-based dashboard and services that include mentorship; legal and compliance support; recruiting help; financial services; vetted business leads; customer-relationship management; and marketing resources.

Brokerage 390

Brokerage Real Estate Lending Mortgage 390

Lamacchia Realty

AUGUST 15, 2023

Let’s face it, we’ve all seen the online ads and billboards (and we’ve definitely seen that certain famous caveman) for real estate businesses offering to buy your home quickly and with cash. However, having a real estate agent advocate for you during the sale comes with advantages that are often overlooked.

Buyers 52

Buyers Real Estate Agent Real Estate Realty 52

Housing Wire

NOVEMBER 3, 2023

billion in commissions they paid to buyers’ agents in the past eight years. So, in 2012, he decided to start a property management company rather another traditional real estate brokerage. Our property managers are real estate agents and we run association management, as well,” he said.

Real Estate 293

Real Estate Brokerage Buyers Property Management 293

Housing Wire

MARCH 14, 2022

Never in her decades-long career did Giguiere think she might be responsible for monitoring and reporting potential criminal activity in the real estate market. “It It is just ridiculous to put that on real estate agents and companies,” Giguiere said. That is not the role of a real estate agent.

Real Estate 396

Real Estate Insurance Law Real Estate Agent 396

Housing Wire

MARCH 11, 2022

In a brightly lit men’s restroom Friday afternoon, adjacent to where the inaugural Crypto & Real Estate Summit was convening, one conference attendee asked another, “Are you a real estate agent?”. Real estate agents, on the other hand, would benefit from blockchain transactions, the company has claimed.

Real Estate 344

Real Estate Real Estate Agent Agents Insurance 344

Listing Spark

SEPTEMBER 5, 2023

Ten percent of homes sold in 2021 were sold by their owners without a realtor. As online resources for pricing data, flat-fee listing services, and plenty of marketing options become available, homeowners can more easily navigate the market and handle transactions without paying for their own listing agent.

Realtors 36

Realtors Real Estate Agent Real Estate Agents 36

Housing Wire

APRIL 23, 2024

Chamber of Commerce has vowed to take legal action against the FTC, according to a statement calling the ban “an unlawful power grab.” The rule follows through on an Executive Order issued by President Joe Biden in the summer of 2021, who directed the FTC to ban or limit such agreements in the U.S. labor force.

Real Estate Agent 391

Real Estate Agent Loan Officers Lending Real Estate 391

Housing Wire

DECEMBER 23, 2021

Real estate agents in New York City — and across the country — are cheering for Florance. The information they gathered from taking pictures of buildings and developing relationships with commercial real estate agents led to a role in facilitating transactions, Florance said. CoStar reported $1.44

Brokerage 324

Brokerage Agents Real Estate Real Estate Agent 324

Housing Wire

MARCH 7, 2022

billion in 2021, according to an analysis of 10 different blockchain ledgers by DappRadar. In the past year, NFTs pole vaulted from mostly commodifying art and digital assets to an array of spheres including – very preliminarily – real estate. It also gives real estate agents ideas. million in 2020 to $24.9

Real Estate 456

Real Estate Law Inspection Agents 456