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RE/MAX settles buyer broker commission lawsuits for $55 million

Housing Wire

According to court documents filed on Monday, RE/MAX and the home sellers suing the firm in both the Moehrl and Sitzer/Burnett cases, which both deal with buyer brokers’ commissions, have reached a preliminary settlement agreement, settling all claims in both suits. The Sitzer/Burnett trial is slated to head to trial on October 16, 2023.

Buyers 483
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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

million net loss reported in Q1 2023. million, compared to Q1 2023’s free cash-flow loss of $59 million. First, more buyers are using agents in 2023 than in 2003. Second, buyer agreements are not new. Third, Compass agents have doubled down on training to help them better communicate their value proposition.

Agents 336
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Navigating the Move: Logistics of a Smooth Home Selling Transition

Lamacchia Realty

This not only makes your home more appealing to potential buyers but also reduces the items you’ll need to move. The best step you can take when deciding how to properly price your house is to consult with a professional REALTOR® from Lamacchia Realty. The moment you decide on selling your home, start decluttering.

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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

In 2023, Tate was recognized by RealTrends as one of the Best Real Estate Professionals in the United States. Both buyers and sellers value the combined benefits of his individual talents along with membership in one of the most respected real estate firms in New York City. Representing the top 1.5% of more than 1.6

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2024 USPAP For Appraisers

Appraisal Today

29, 2023 Excerpts: For the past year, Fannie Mae has sent unsigned complaints to state appraisal boards; when they see something they don’t like, they write it up and send it to the state. In essence, they are statistical anomalies that can distort the perceived value of properties in a given area. Or hit the reply button.

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Is Rental Property in Florida a Good Investment?

Lamacchia Realty

In order to get the best deal, do your research and hire a reputable real estate agent. This way, you won’t have to worry about getting ripped off, and you’ll know you got the best value for your money. To get started, make sure you hire an expert REALTOR® who truly understands your investment goals!