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. The suit was filed in late December in U.S.

Real Estate 397

Real Estate Sellers Real Estate Agent Agents 397

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. What’s especially interesting is that unlike average or low-performing agents, top-performing agents simply don’t lower their commission rates very often.

Agents 399

Agents Real Estate Agent Brokerage Real Estate 399

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. In an email, Marla Martin, a spokesperson for Florida Realtors, said the trade group was working on a statement about the allegations.

Realty 421

Realty Realtors Brokerage Real Estate 421

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 357

Agents Real Estate Agent Realtors Brokerage 357

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 71

Realtors Real Estate Agent Sellers Realty 71

Housing Wire

NOVEMBER 16, 2021

In the first nine months of this year the National Association of Realtors (NAR) has collected $229.6 million in membership dues from 1.542 million members, who are mostly real estate agents and brokers. million to the Realtors Political Action Committee. Oppler was NAR’s president for 2021.

Real Estate Agent 366

Real Estate Agent Agents Real Estate Realtors 366

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 353

Mortgage Brokerage Agents Real Estate Agent 353

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. Warner claimed that Blefari’s statements were not a rule for agents to follow, but an example of what Blefari would do.

Law 416

Law Agents Realtors Contracts 416

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 377

Real Estate Brokerage Agents Advertising 377

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

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 363

Insurance Government Law Real Estate Agent 363

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 377

Property Management Real Estate Agents Brokerage 377

Housing Wire

JANUARY 27, 2022

“If you’re a big celebrity, the press is going to find out,” Michael Nourmand, president of Beverly Hills-based brokerage Nourmand & Associates Realtors , told RealTrends. The home officially sold on May 14, 2021, for $16 million. There is usually more bark than bite,” Nourmand said. Adams sold $34.6

Agents 324

Agents Real Estate Real Estate Agent Realty 324

Housing Wire

JANUARY 31, 2022

“If you’re a big celebrity, the press is going to find out,” Michael Nourmand, president of Beverly Hills-based brokerage Nourmand & Associates Realtors , told RealTrends. The home officially sold on May 14, 2021, for $16 million. There is usually more bark than bite,” Nourmand said. Adams sold $34.6

Agents 317

Agents Real Estate Real Estate Agent Realty 317

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

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 368

Business Brokerage Real Estate Agent Agents 368

Housing Wire

NOVEMBER 1, 2023

Multiple Listing Services were previously prohibited from disclosing these rates by a National Association of Realtors rule, but the rule was repealed as part of a proposed settlement with the U.S. Department of Justice and portals like Redfin began displaying the rates soon after. ” Their findings, published online as a draft on Oct.

Clients 423

Clients Agents Buyers Sellers 423

Housing Wire

NOVEMBER 3, 2023

The lawsuit, which was originally filed in 2019 and won class-action status in April, alleges that some NAR rules, including one that requires listing brokers to offer buyer brokers a commission to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.

Real Estate 306

Real Estate Brokerage Buyers Property Management 306

Listing Spark

NOVEMBER 24, 2021

When searching for discount realtors in Dallas, you may notice a lot of options at your disposal. It can be a challenge to understand what’s important to look for when finding the right company or Realtor to sell your house in a “non-traditional” way. What does a traditional agent charge in Dallas-Fort Worth?

Realtors 36

Realtors Real Estate Advertising Agents 36

Listing Spark

NOVEMBER 24, 2021

When searching for discount realtors in Houston, you may notice a lot of options at your disposal. It can be a challenge to understand what’s important to look for when finding the right company or Realtor to sell your house in a “non-traditional” way. What does a traditional agent charge in Houston, TX?

Realtors 36

Realtors Real Estate Advertising Agents 36

Listing Spark

NOVEMBER 24, 2021

When searching for discount realtors in Austin, you may notice a lot of options at your disposal. It can be a challenge to understand what’s important to look for when finding the right company or Realtor to sell your house in a “non-traditional” way. What does a traditional agent charge in Austin, TX?

Realtors 36

Realtors Real Estate Advertising Agents 36

Listing Spark

NOVEMBER 24, 2021

When searching for discount realtors in San Antonio, you may notice a lot of options at your disposal. It can be a challenge to understand what’s important to look for when finding the right company or Realtor to sell your house in a “non-traditional” way. What does a traditional agent charge in San Antonio, TX?

Realtors 36

Realtors Real Estate Advertising Agents 36

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. No REALTOR ® guidance to help you through negotiations – Selling your home with a “we buy homes” company means not needing to hire a REALTOR ®.

Buyers 56

Buyers Real Estate Agent Real Estate Realty 56

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. Top Ranked Realtors: Paige Martin & The Houston Properties Team. The debt level, both current and anticipated in 2021, is worrisome.

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 368

Real Estate Government Technology Real Estate Agent 368

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 402

Real Estate Insurance Law Real Estate Agent 402

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 470

Real Estate Law Inspection Agents 470

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 347

Brokerage Agents Real Estate Real Estate Agent 347

The Robert Weiler Company

SEPTEMBER 7, 2022

And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. As a whole, commercial real estate has seen great success in 2022, despite rising interest rates. Let’s dive into what real estate agents can expect from the Buckeye State as we continue in 2022.

Marketing 78

Marketing Real Estate Investing Retail 78

Raleigh Realty

SEPTEMBER 2, 2022

In 2021, the national average for closing costs was $6,905, or 1.3 That said, every real estate purchase is different., That’s why it's always best to consult with your real estate agent or closing attorney to get an estimate of what you can expect to pay in closing costs. In Washington D.C.,

Buyers 78

Buyers Insurance Inspection Sellers 78

Quicken Loans

JULY 8, 2021

The median price of an existing home according to the National Association of REALTORS ® was $350,300 in May. 1 Important Legal Notice: Econoday has attempted to verify the information contained in this calendar. Copyright 2021 Econoday, Inc. Let’s start with where prices are currently. It’s a new record high and 23.6%

Real Estate 57

Real Estate Marketing Construction Retail 57

Quicken Loans

JUNE 10, 2021

According to the latest report from the National Association of REALTORS ® , existing home sales were down 2.7% 1 Important Legal Notice: Econoday has attempted to verify the information contained in this calendar. Copyright 2021 Econoday, Inc. The Big Story. over the same period. All rights reserved.

Real Estate 38

Real Estate Marketing Construction Clients 38

Clear Capital

NOVEMBER 30, 2021

But one thing that jumped out at us because of course, we talk about real estate, fintech, which includes the wonderful world of proptech. And, apparently 2021 is a record in investment in proptech — $9.5 So there’s this real estate agent, right? Jeff Allen . There’s less lead-in.

Landlords 69

Landlords Real Estate Tenants Investing 69

Will Springer Realtor

JUNE 7, 2022

“Societal acceptance levels of the LGBTQ+ community are at an all-time high, allowing for a record number of American adults to self-identify as part of the LGBTQ+ community,” said Dave Gervase, President of the LGBTQ+ Real Estate Alliance and a Florida real estate agent.

Real Estate 50

Real Estate Real Estate Agent Realtors Sellers 50

Housing Wire

APRIL 5, 2024

has ruled that the Department of Justice can reopen its investigation into the National Association of Realtors. In Walker’s view, “the sole question is whether DOJ is correct that it could have immediately reopened its investigation of the Realtors’ two remaining policies after contracting to close that investigation.

Realtors 536

Realtors Contracts Government Real Estate 536

Housing Wire

AUGUST 16, 2023

Department of Justice’s appeal against a lower court’s ruling on its investigation into the National Association of Realtors’ commission and pocket listing policies is heating up. In late January 2023 , Judge Timothy J Kelly of the U.S. The DOJ filing also clarified that a closed investigation can be reopened at its discretion.

Law 311

Law Legal Realtors Real Estate Agent 311

Housing Wire

APRIL 8, 2024

Analysts at investment bank Keefe, Bruyette & Woods believe that the Department of Justice will intervene in Sitzer/Burnett commission lawsuit after receiving the green light to reopen its investigation into the National Association of Realtors. However, the DOJ, under the Biden administration, withdrew the settlement in July 2021.

Real Estate 457

Real Estate Realtors Agents Brokerage 457