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 466

Realty Realtors Real Estate Real Estate Agent 466

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 394

Agents Real Estate Agent Realtors Brokerage 394

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 496

Real Estate Agents Real Estate Agent Sellers 496

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 375

Brokerage Realty Real Estate Real Estate Agent 375

Housing Wire

DECEMBER 6, 2023

More home sellers on the East Coast are getting in on the commission lawsuit action. 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.

Realty 431

Realty Realtors Brokerage Real Estate 431

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 431

Law Agents Realtors Contracts 431

Housing Wire

NOVEMBER 1, 2023

In metros across the country, decade after decade, pre-internet and post-internet, buyer agents almost always get 2-3% of the sale price, paid by the seller, the researchers note. and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.

Clients 432

Clients Agents Buyers Sellers 432

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 411

Property Management Real Estate Agents Brokerage 411

The Robert Weiler Company

JANUARY 2, 2021

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Learn how you, the real estate investor, can avoid the bank and make an agreement directly with the seller. Instead, you are paying these installments to the seller. Deed remains with the seller.

Contracts 143

Contracts Tenants Legal Sellers 143

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 356

Agents Real Estate Real Estate Agent Realty 356

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 351

Agents Real Estate Real Estate Agent Realty 351

Lamacchia Realty

DECEMBER 11, 2023

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. According to the National Association of REALTORS® , 10% of homes sold in 2021 were FSBO. Real estate agents are far more in tune with the current market.

Realtors 71

Realtors Real Estate Agent Sellers Realty 71

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 370

Business Brokerage Real Estate Agent Agents 370

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. It’s a seller’s market right now and that means you have the power! Hire a real estate agent to handle negotiations on your behalf.

Real Estate Agent 68

Real Estate Agent Inspection Realty Legal 68

Housing Wire

JULY 12, 2022

A certification lightens the legal liability of bias. An agent does a floorplan scan when they make a listing. The seller accepts it; they go into contract. But an attestation, however comprehensively phrased, can’t dissolve deep racial prejudices or make the appraiser workforce more diverse. An offer comes in at 5 p.m.

Appraisal 410

Appraisal Inspection Real Estate Agent Training 410

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 322

Real Estate Brokerage Buyers Property Management 322

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 383

Real Estate Government Technology Real Estate Agent 383

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. If the seller accepts, the rest of the process happens quite swiftly. In many cases, a home can be sold within days.

Buyers 57

Buyers Real Estate Agent Real Estate Realty 57

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. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market. Avoid 9 Costly Mistakes Sellers Make.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

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

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 485

Real Estate Law Inspection Agents 485

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Real Estate 410

Real Estate Insurance Law Real Estate Agent 410

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 388

Brokerage Agents Real Estate Real Estate Agent 388

Listing Spark

NOVEMBER 24, 2021

In 2020 the average Dallas resident paid $19,200 in real estate commissions, the typical ListingSpark home-seller pays about $356 in listing commission to sell their home on the MLS. You want your listing displayed on the MLS and the most trafficked real estate sites like Zillow, Trulia, Realtor.com, etc.

Realtors 36

Realtors Real Estate Advertising Agents 36

Listing Spark

NOVEMBER 24, 2021

In 2020 the average San Antonio resident paid $17,901 in real estate commissions, the typical ListingSpark home-seller pays about $356 in listing commission to sell their home on the MLS. You want your listing displayed on the MLS and the most trafficked real estate sites like Zillow, Trulia, Realtor.com, etc.

Realtors 36

Realtors Real Estate Advertising Agents 36

Listing Spark

NOVEMBER 24, 2021

In 2020 the average Houston resident paid $12,360 in real estate commissions, the typical ListingSpark home-seller pays about $356 in listing commission to sell their home on the MLS. You want your listing displayed on the MLS and the most trafficked real estate sites like Zillow, Trulia, Realtor.com, etc.

Realtors 36

Realtors Real Estate Advertising Agents 36

Listing Spark

NOVEMBER 24, 2021

In 2020 the average Austin resident paid $36,360 in real estate commissions, the typical ListingSpark home-seller pays about $356 in listing commission to sell their home on the MLS. You want your listing displayed on the MLS and the most trafficked real estate sites like Zillow, Trulia, Realtor.com, etc.

Realtors 36

Realtors Real Estate Advertising Agents 36

Housing Wire

NOVEMBER 16, 2023

Good times, like 2021, create bad habits. According to Reffkin, the onset of the COVID-19 pandemic, as well as the frenetic pace of the 2020, 2021, and even early 2022 housing markets, led to a reliance on technologies like Zoom, texting, email and social media for communication, leading transactions.

Real Estate 431

Real Estate Agents Buyers Clients 431

Raleigh Realty

SEPTEMBER 2, 2022

So whether you're a first-time home buyer or an experienced seller, stay tuned, because we’re going to tell you everything you need to know. In 2021, the national average for closing costs was $6,905, or 1.3 fact, a savvy buyer may even be able to negotiate with the seller to cover a portion of the costs. Who Pays Closing Costs?

Buyers 78

Buyers Insurance Inspection Sellers 78

The Robert Weiler Company

SEPTEMBER 7, 2022

Let’s dive into what real estate agents can expect from the Buckeye State as we continue in 2022. increase from the May 2021 sales level of 13,955. The average home sales price across Ohio in May 2022 soared to $277,452, a 13% increase from the $245,485 price in May 2021. Commercial Land Real Estate Sales.

Marketing 78

Marketing Real Estate Investing Retail 78

Quicken Loans

AUGUST 3, 2021

In response, motivated sellers might take a step back from raising prices, causing them to level off. Sellers will continue to behave as if the market is the same until it’s otherwise proven. This is where a good real estate agent can counsel patience for a frustrated buyer or gently nudge a seller to reality.

Real Estate 53

Real Estate Marketing Real Estate Agent Clients 53

Raleigh Realty

APRIL 19, 2022

LGBTQ+ Community Housing Challenges While LGBTQ homebuyers are unlikely to experience any direct discrimination from sellers (i.e. In 2021, sexual orientation and gender identity were added to the protected classes specified in the Fair Housing Act. What's the LGBTQ+ culture like in the area?

Legal 144

Legal Real Estate Agent Real Estate Law 144

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

DECEMBER 7, 2020

HUD and the GSEs already prohibit the seller, real estate agents, builders and developers who have a financial interest in the transaction from contributing DPA to a borrower, and these restrictions should continue. Instead of letting the fee expire on Oct.

Law 491

Law Government Finance Mortgage 491

McKissock

JANUARY 16, 2022

In this story, RISMedia interviews industry experts who provide insights into navigating the co-buying trend, protecting co-buyers against potential legal issues, and more. 18, 2021, the U.S. Real Estate Tips. Read the full article here. Policy News. Federal Government Moving Forward With New Waters Protection Rule.

Real Estate 59

Real Estate Agents Real Estate Agent Buyers 59

Housing Wire

APRIL 5, 2024

However, the DOJ, under new leadership in the Biden administration, withdrew the settlement in July 2021 , stating that the terms of the agreement prevent regulators from continuing to investigate certain association rules that they feel harm buyers and sellers. In late January 2023 , Judge Timothy Kelly of the U.S.

Realtors 538

Realtors Contracts Government Real Estate 538