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The Real Brokerage settles Umpa commission lawsuit for $9.25M

Housing Wire

In addition to the monetary award, Real has also agreed to implement business policy changes as part of the settlement, including “clarifications about the negotiability of commissions, prohibitions on claims that buyer agent services are free, and the inclusion of listing broker compensation offers in communications with clients.”

Brokerage 373
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Video marketing platform Roomvu launches in the U.S. 

Housing Wire

It was a part of the 2022 REACH Canada Cohort, a technology scale-up program backed by the National Association of Realtors (NAR). expansion comes after Roomvu’s successful launch in Canada in 2022. Backed by venture fund Second Century Ventures , Roomvu has been recognized as one of Canada’s 20 most innovative tech companies.

Marketing 391
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Three in four baby boomers don’t use homebuyer resources

Housing Wire

But a significant portion of this generation remain renters and are utilizing homeownership tools less frequently than younger age groups. Even as many boomers remain in the long-term renter pool, they were also the nation’s largest demographic of homebuyers in 2022. NeighborWorks surveyed some 2,200 adults from Jan.

Tools 454
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Compass snags two Chicago-based @properties brokers

Housing Wire

Her sales volume was of $25,146,500 in 2022. I’m excited to be working alongside the top real estate agents in Chicago and look forward to tapping into the Compass tools that are proven to scale agent business,” Hodge said in a statement. Dobbs, on the other hand, has nearly four decades of experience.

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How to protect your title company from wire fraud

Housing Wire

According to the FBI’s 2022 Internet Crime Report , the problem is only worsening, with an 86% increase in monetary losses in the real estate industry since 2020. According to the 2022 FBI report , phishing is the most prevalent tactic used for wire fraud today, affecting over 300,000 victims. billion in 2022.

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25 Lamacchia Realty REALTORS® Recognized at 2022 RACM Awards

Lamacchia Realty

The REALTORS® Association of Massachusetts held its annual Award Ceremony on April 28th, 2022. A total of 25 Lamacchia Realty REALTORS® were recognized, at various levels. In order to be considered, individual REALTORS® must have: $4 Million in sales volume, 22 units with no minimum volume. tools to its agents.?

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Opteon expands its direct-to-consumer appraisal offerings

Housing Wire

“Through this expansion, we’re solidifying our commitment to our realtor and tax partners in a larger capacity nationwide,” Lee Trice, U.S. The company’s appraisal ordering platform and proprietary software offer a performance-based appraiser selection and an AI review tool, which covers more than 200 QC points.

Appraisal 356