Housing Wire

MARCH 29, 2024

In its motion filed on Wednesday, CMLS said its amicus curiae brief is in repsonse to the Department of Justice’s statement of interest which was filed in early February in relation to the proposed settlement agreement reached by the Nosalek plaintiffs and defendant MLS Property Information Network in July 2023.

Sellers 418

Sellers Real Estate Buyers Contracts 418

Housing Wire

MAY 3, 2024

But despite the uncertainty and the soon-to-beimplemented business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , RE/MAX leaders are confident in the brokerage’s ability to succeed in this changing environment. million in Q1 2023. annualized decline in U.S.

Agents 351

Agents Real Estate Training Buyers 351

Housing Wire

FEBRUARY 16, 2024

The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients.

Sellers 423

Sellers Buyers Real Estate Contracts 423

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. Better buyer and seller presentations to break down payment to a more granular level,” was one agent’s response. Always will too,” one wrote.

Agents 359

Agents Realtors Clients Real Estate Agent 359

Housing Wire

NOVEMBER 21, 2023

million, according to the N ational Association of Realtors. Homes typically go under contract a month or two before the closing, which means the October data largely reflects purchase decisions made in August and September. Existing-home sales dropped 4.1% Compared to October 2022, existing home sales slumped 14.6%, down from 4.44

Inventory 394

Inventory Realtors New Listings Contracts 394

Housing Wire

FEBRUARY 27, 2023

January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. in 2023 and 5.4% year over year in 2023 to a total of 4.47

Housing Market 411

Housing Market Realtors Contracts Buyers 411

Housing Wire

MARCH 20, 2024

Friday’s bombshell – the National Association of Realtors ‘ proposed $418 million settlement of real estate commission lawsuits – set off a frenzy of trading for stocks in the residential real estate sector. “We do not have long-term contracts with many of our real estate partners,” the materials read.

Investors 412

Investors Agents Real Estate Buyers 412

Housing Wire

MAY 1, 2024

While Zillow’s net loss of $23 million for the quarter, which was up from its net loss of $22 million in Q1 2023, did not necessarily reflect Barton’s confidence, the firm’s 13% annual increase in revenue to $529 million did. We are advantaged primarily because we are a product and technology company first.”

Agents 360

Agents Real Estate Contracts Real Estate Agent 360

Appraisal Buzz

MARCH 28, 2024

compared with February 2023, according to the National Association of Realtors (NAR). Month-over-month, contract signings climbed in the Midwest and South but sank in the Northeast and West. Home prices rising faster than income growth is not healthy and adds challenges for first-time buyers.” regions. “The

Inventory 195

Inventory Housing Market Contracts Realtors 195

Housing Wire

JULY 27, 2023

After dropping slightly month over month in May , pending home sales ticked back up in June, rising 0.3%, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. in 2023 before increasing to 4.1% in 2023, settling at 4.38

Construction 358

Construction Inventory Realtors Housing Market 358

Lamacchia Realty

DECEMBER 18, 2023

AGENT VS. REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. To the everyday buyer and seller , they may not think there is much of a difference between the two. The National Association of REALTORS® (NAR) is America’s largest trade association with over 1.5

Realtors 68

Realtors Agents Real Estate Agent Real Estate 68

Housing Wire

FEBRUARY 22, 2024

In early September 2023, Steve Murray , the co-founder of RealTrends Consulting , told HousingWire that he believed this was a possible outcome. The outcome the DOJ wants would only reduce costs for sellers, but it Is going to put buyers in a hole,” Murray said.

Sellers 414

Sellers Buyers Real Estate Agents 414

Housing Wire

NOVEMBER 3, 2023

With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. billion in commissions they paid to buyers’ agents in the past eight years. Judge Stephen R.

Real Estate 306

Real Estate Brokerage Buyers Property Management 306

Housing Wire

OCTOBER 16, 2023

In August, Zillow ‘s 2023 Consumer Housing Trends Report proclaimed that half of all homebuyers are purchasing their first home, the highest share that Zillow has ever recorded. It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks. It never will be. I’ll explain later.)

Agents 397

Agents Buyers Sellers Inventory 397

Housing Wire

NOVEMBER 2, 2022

“Even with the Federal Reserve raising its short-term fed funds rate by another large amount, longer-term interest rates look to move only slightly,” Lawrence Yun, chief economist at National Association of Realtors , said. Tables have turned for some sellers.

Mortgage 399

Mortgage Sellers Contracts Buyers 399

Listing Spark

DECEMBER 6, 2023

Knowing how to sell your home without a realtor can easily save you thousands of dollars on closing costs and fees. Advantages of Knowing How to Sell Your Home Without a Realtor Selling your home is already a massive undertaking, even if you’re moving within the same community. Let’s get technical for a second.

Realtors 36

Realtors Real Estate Agent Real Estate Agents 36

Empire Appraisal Group

JANUARY 11, 2023

2023 Real Estate Forecast: Market to Regain Normalcy. Source: 2023 Real Estate Forecast: Market to Regain Normalcy (nar.realtor). Housing inventory is expected to remain tight in 2023, with housing starts below historical averages and fewer homeowners willing to sell, said NAR Chief Economist Lawrence Yun. compared to 2022.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Housing Wire

SEPTEMBER 23, 2022

Women make up 66% of all Realtors, according to the National Association of Realtors ‘ 2022 Member Profile , but hold just a fraction of executive leadership positions throughout the industry. HW Media : What do you think will be the big themes for the housing market in 2022-2023?

Real Estate Agent 359

Real Estate Agent Agents Real Estate Realtors 359

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 From NAR Research : “Total existing-home sales notched a minor contraction of 0.4% We don’t want to see that in America, but that might be a reality in 2023. from July to a seasonally adjusted annual rate of 4.80

Inventory 447

Inventory Housing Market New Listings Mortgage 447

Empire Appraisal Group

FEBRUARY 29, 2024

CHICAGO – Homeowners who decline to use a real estate agent to sell their property are twice as likely to say they weren’t satisfied with the selling experience, according to a new survey from Clever Real Estate of 1,000 home sellers in 2022 and 2023.

Sellers 78

Sellers Agents Real Estate Agent Real Estate 78

Lamacchia Realty

MAY 6, 2024

Their job is to make sure the sale from the seller to the buyer happens within the confines of the law, while also looking out for your best interests. An attorney offers valuable protection and knowledge for you as a buyer. The attorney will advocate on your behalf as a buyer to include the most favorable terms to protect you.

Real Estate 70

Real Estate Legal Law Contracts 70

Listing Spark

SEPTEMBER 27, 2023

The real estate industry is no exception, and realtors who specialize in (or at least serve) property investment clients are seeing the beginnings of a complete technological transformation through AI and increasingly smart tools , such as property investment software. Realtors provide insights for pricing strategies.

Realtors 36

Realtors Investing Real Estate Clients 36

Empire Appraisal Group

JUNE 29, 2023

million homes in homeowners’ associations (HOAs), most of our members have helped prepare contracts that address issues associated with association rules. If required, then these sections describe what both sides are obligated to do, like initiate the approval process (seller) or show up for an in-person interview if required (buyer).

HOA 78

HOA Contracts Sellers Buyers 78

Housing Wire

NOVEMBER 30, 2023

Illinois REALTORS Best Illinois real estate school for accommodating different learning styles Overall Rating: 4.2 Unlike other real estate schools, Illinois REALTORS is also the only advocate for private property rights at the state capitol in Springfield, Illinois, and in communities across the state. out of 5 stars Rating: 4.5

Real Estate 401

Real Estate Realtors Real Estate Agent Law 401

Housing Wire

FEBRUARY 28, 2022

On Friday, the National Association of Realtors released its pending home sales data showing a third month of declines. From NAR : “Pending home sales slumped in January, continuing what is now a three-month drop in transactions, the National Association of Realtors reported. Of the four major U.S. This is critical.

Inventory 403

Inventory Housing Market Realtors Marketing 403

Housing Wire

OCTOBER 17, 2023

Whether you’re a seasoned real estate agent looking to expand your reach or a newcomer eager to establish your digital footprint, ahead we delve into the best real estate lead generation websites for 2023. According to the National Association of Realtors (NAR), some 96% of homebuyers use the internet in their home search.

Real Estate 402

Real Estate Real Estate Agent Agents Tools 402

Lamacchia Realty

FEBRUARY 14, 2024

However, inventory has grown slightly in some states, which means NOW, especially before March , is a great time to list and take advantage of motivated buyers before other sellers start to saturate the market. 4 Crucial Steps to Buying and Selling at the Same Time: Hire the Right REALTOR®: Do your research!

Sellers 64

Sellers Realtors Buyers Inventory 64

Housing Wire

FEBRUARY 28, 2024

PRO TIP: If you want scroll-stopping hooks and educational content like this without the writer’s block, check out the marketing company who wrote it: Coffee & Contracts. All created by Realtors, for Realtors. Visit Coffee & Contracts 3. As a Realtor, you have endless opportunities for content creation.

Real Estate 422

Real Estate Marketing Tools Contracts 422

Housing Wire

OCTOBER 9, 2023

How getting a real estate license in Illinois is different from other states While most states call the professional who represents a buyer or a seller of commercial or residential real estate a “real estate agent,” Illinois calls this individual a “real estate broker.” This is the equivalent of $36.85

Real Estate Agent 389

Real Estate Agent Real Estate Agents Brokerage 389

Housing Wire

NOVEMBER 30, 2023

You’ll also want a sponsoring real estate brokerage that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks. According to Indeed.com, the average salary of an Ohio real estate agent is $74,473 per year as of October 27, 2023.

Real Estate 386

Real Estate Real Estate Agent Brokerage Agents 386

Listing Spark

AUGUST 23, 2023

In Dallas, the median home price in Q1 of 2023 was $372,400; the Austin market saw median house prices reach $467,900 at the same time. Buyers are also starting to search out FSBOs more readily because they want to pursue potential savings. An In-Depth Analysis Buyers also profit from this arrangement.

Real Estate Agent 36

Real Estate Agent Sellers Real Estate Agents 36

Appraisal Today

JUNE 23, 2023

I’m always looking for something new ;> If you are a paid subscriber and did not get the June 2023 issue emailed on Thursday, June 1, please email info@appraisaltoday.com , and we will send it to you!! Later disclosure to buyers), and appraiser data (only available to GSEs and can vary between appraisers).

Appraisal 87

Appraisal Real Estate Valuation Contracts 87

Housing Wire

MARCH 22, 2024

I think one of the major trends we are seeing is that our overall inventory is up 60% year over year compared to 2023,” said PJ Smith, president of the Naples Area Board of Realtors and the broker-owner of Naples Golf to Gulf Real Estate. “We From 2022 to 2023 alone, rates rose 15%. In comparison, the average U.S.

Insurance 388

Insurance Inventory Marketing Real Estate 388

Lamacchia Realty

JANUARY 27, 2023

The market trends in Connecticut do not deviate from the real estate story being told nationally, and more of the same is expected to come in 2023, especially in regard to sales numbers. sellers and buyers) began to restore itself. sellers and buyers) began to restore itself. Homes Pending (contract accepted) There were 20.2%

Inventory 52

Inventory Sellers Buyers Real Estate 52

Housing Wire

JANUARY 27, 2023

Mortgage analysts are in charge of pre-approving buyers, contract desk employees take in incoming contracts and send it to the underwriting team, and closing specialists process the loans and take over all communication with escrow, real estate agents and buyers to close loans. “In

Lending 379

Lending Real Estate Agent Loan Officers Retail 379

Listing Spark

JULY 21, 2023

After all, you can then search for homes on the MLS, negotiate contracts without a real estate agent (or expensive commission), and then list it back on the MLS. When buyers hire an agent, the licensed professional accesses the MLS to find properties that match the client’s needs and preferences.

Real Estate 36

Real Estate Real Estate Agent Agents Investors 36

Appraisal Today

DECEMBER 2, 2022

The National Association of REALTORS® believes there are alternatives to some of the experience requirements that the AQB should consider. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. I don’t know if Realtors can be re-trained to see value rather than price.

Appraisal 81

Appraisal Agents Real Estate Real Estate Agent 81