Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

NOVEMBER 30, 2023

District Court in Chicago indicated this past spring that the trial in the Moehrl commission lawsuit would take place during the first half of 2024. During the hearing, Wood stated that she would be able to “try the case likely in the fourth quarter of 2024.” Ray’s point that this case should stand on its own.”

Legal 436

Legal Sellers Realtors Law 436

Housing Wire

MARCH 22, 2024

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement. As of Jan.

Buyers 493

Buyers Contracts Real Estate Agents 493

Housing Wire

FEBRUARY 27, 2024

At the 2024 Keller Williams Family Reunion event in Las Vegas, co-founder and executive chairman Gary Keller took the stage on Tuesday and spoke to a room full of real estate agents about the importance of buyer agency agreements within the context of the ongoing antitrust lawsuits. You are being accused of not being transparent. “If

Buyers 440

Buyers Agents Real Estate Agent Clients 440

Housing Wire

SEPTEMBER 18, 2023

Yet another national real estate brokerage firm has reached a settlement agreement in two of the major class action antitrust lawsuits facing the real estate industry. While a trial date for the Moehrl suit has yet to be set, it is expected start in early 2024. The Sitzer/Burnett trial is slated to head to trial on October 16, 2023.

Buyers 505

Buyers Realtors Agents Real Estate 505

Housing Wire

MARCH 19, 2024

For many real estate brokerages and roughly 1 million Realtors, the nationwide settlement agreement that the National Association of Realtors (NAR) negotiated due to the ongoing commission lawsuits marks the end of their cooperative compensation litigation concerns, at least for the time being. billion ), Douglas Elliman ($42.8

Brokerage 453

Brokerage Real Estate Realtors Legal 453

Housing Wire

OCTOBER 4, 2023

District Court in Boston granted the Department of Justice’s request to extend all settlement related deadlines in the Nosalek buyer broker compensation class action lawsuit on Tuesday. The final settlement hearing deadline is now scheduled for March 7, 2024, instead of Jan.

Buyers 426

Buyers Realtors Sellers Legal 426

Housing Wire

MAY 8, 2024

In their motion, the Batton plaintiffs argued that the three settling brokerage firms “did not reveal their intent to release homebuyer claims” until Friday, May 3, and didn’t reveal they planned to specifically prevent the Batton 1 plaintiffs from pursuing their claims until Tuesday, May 8. Such extraordinary action would be inappropriate.”

Sellers 344

Sellers Realtors Brokerage Buyers 344

Housing Wire

MARCH 22, 2024

To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024. Visit Top Producer Related Articles The 9 top real estate lead generation companies for 2024 6 best real estate lead generation websites for 2024 The ultimate guide to real estate lead generation ideas for 2024 2.

Real Estate 417

Real Estate Sellers Real Estate Agent Tools 417

Housing Wire

MAY 8, 2024

“In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We Year over year , Compass gained 26 basis points of market share, bringing its total share of home sales in Q1 2024 to 4.76%.

Agents 389

Agents Brokerage Real Estate Clients 389

Lamacchia Realty

MAY 7, 2024

has released its “Top Producing REALTORS®,” for April 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Mary Wood is an award-winning REALTOR® based in MetroWest closing 50-60 sales annually.

Realtors 71

Realtors Realty Real Estate Clients 71

Housing Wire

OCTOBER 2, 2023

MLS Property Information Network’s (MLS PIN) settlement agreement in the Nosalek class action antitrust buyer-broker compensation lawsuit has hit yet another snag. ” It continues: “Buyer-broker commission rules are the subject of several pending antitrust suits and a pending appeal in which the United States is an appellant.”

Buyers 402

Buyers Realtors Real Estate Sellers 402

Housing Wire

APRIL 23, 2024

The settlement agreement also mandates that MLS participants working with buyers must enter into a written buyer broker agreement. But the settlement does provide a mechanism for brokerages to opt in to the agreement if they so choose, or they can negotiate their own settlement, as Compass and The Real Brokerage have recently done.

Realtors 385

Realtors Brokerage Agents Real Estate 385

Housing Wire

DECEMBER 6, 2023

Similar to the other commission lawsuits, the latest two take aim at the National Association of Realtors’ Participation Rule, which requires the listing broker to make a blanket offer of compensation to the buyer’s broker to list the property on the MLS. Both lawsuits are seeking class-action status. 4, 2019 and the present.

Realty 455

Realty Realtors Brokerage Real Estate 455

Housing Wire

MAY 1, 2024

Just six months ago, when a Missouri jury found HomeServices of America, Keller Williams and the National Association of Realtors (NAR) liable for colluding to artificially inflate real estate agent commissions , the industry’s path forward was very murky. billion in damages, as well as what the judge’s final ruling would look like.

Realtors 378

Realtors Real Estate Agent Real Estate Brokerage 378

Housing Wire

SEPTEMBER 7, 2023

Attorneys, Realtors and clients are a big part of our repeat business.” But three multibillion-dollar class action antitrust lawsuits looming over the real estate industry may soon reshape how buyers interact with agents.

Buyers 409

Buyers Agents Loan Officers Real Estate 409

Housing Wire

DECEMBER 20, 2023

The National Association of Realtors , Keller Williams and HomeServices of America , have asked judge Andrea Wood to rule on the suit based on the evidence that has been presented during the discovery period of the proceedings. After almost five years of litigation, it is clear that Keller Williams Realty, Inc.

Real Estate 380

Real Estate Sellers Realtors Brokerage 380

Housing Wire

NOVEMBER 10, 2023

It appears that no real estate brokerage firm in the U.S. Noticeably missing from the list is the National Association of Realtors. The anti-competitive nature of commission rule is clear when compared to other countries with competitive markets for residential real estate brokerage services.” is safe from a commission lawsuit.

Real Estate 479

Real Estate Brokerage Sellers Law 479

Housing Wire

OCTOBER 6, 2023

Like Anywhere Real Estate Friday morning, the terms of RE/MAX’s $55 million settlement with plaintiffs in two bombshell buyer commission lawsuits have been made public. Final court approval of the settlement is expected in early 2024. RE/MAX brokerages and affiliates from any claims related to these lawsuits. It

Agents 501

Agents Real Estate Buyers Brokerage 501

Lamacchia Realty

APRIL 8, 2024

has released its “Top Producing REALTORS®,” for March 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Most recently, Laurie was featured on the 2024 Who’s Who List in Boston Agent Magazine.

Realtors 71

Realtors Realty Real Estate Agents 71

Housing Wire

OCTOBER 19, 2023

1, REBNY rules will prevent the listing brokers from paying buyer agents and instead will require sellers to pay commissions directly. The rule will require listing agreements to clearly outline the seller’s offer of compensation to the buyer’s agent. Starting Jan.

Sellers 459

Sellers Agents Brokerage Real Estate 459

Lamacchia Realty

NOVEMBER 1, 2023

Lamacchia Realty’s Florida Regional Vice President and Vice President of Relocation, Shane Bronson , has officially been appointed as a Florida REALTORS® Director for 2024. Lucie Board of REALTORS® where he attends local meetings and events on a regular basis. Lamacchia Realty has been serving buyers and sellers since 2006.

Realtors 72

Realtors Realty Real Estate Training 72

Housing Wire

MAY 3, 2024

RE/MAX executives were not shy about acknowledging the uncertainty that is currently plaguing the real estate industry during the firm’s first-quarter 2024 earnings call with analysts and investors Friday morning. Year over year, RE/MAX’s total agent count in Q1 2024 was down 0.2% million in Q1 2024, compared to a net loss of $0.7

Agents 379

Agents Real Estate Training Buyers 379

Housing Wire

MARCH 15, 2024

While many in the real estate industry were surprised by the news Friday morning that the National Association of Realtors had agreed to a nationwide settlement of the commission lawsuits for $418 million, Marty Green, a principal at law firm Polunsky Beitel Green , was not one of them. There is an agreement but what about approval?

Agents 469

Agents Brokerage Advertising Real Estate 469

Lamacchia Realty

FEBRUARY 6, 2024

has released its “Top Producing REALTORS®,” for January 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by the office with the highest transaction numbers or sales for the month! Since then, she has taken off running and has helped her buyers and sellers reach their goals.

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

MARCH 7, 2024

has released its “Top Producing REALTORS®,” for February 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! The BAP Team is a dynamic father-daughter duo consisting of REALTORS® Jim Bapista and Cara Golson.

Realtors 71

Realtors Realty Real Estate Clients 71

Housing Wire

JANUARY 29, 2024

You’ll get 20+ “how to” videos to help you understand the fundamentals of the job, buyer and seller checklists, action plans and other helpful resources. Check out the Utah Division of Real Estate and the Utah Association of REALTORS for up-to-date information about getting licensed and joining a brokerage in Utah in 2024.

Real Estate 379

Real Estate Real Estate Agent Agents Law 379

Housing Wire

DECEMBER 7, 2023

You can also opt-in to Freedom Trail’s broker recruitment program to be contacted directly by local brokerages that are hiring new agents. out of 5 stars Rating: 5 out of 5. out of 5 stars Rating: 5 out of 5.

Real Estate 379

Real Estate Real Estate Agent Law Brokerage 379

Housing Wire

OCTOBER 6, 2023

After roughly a month of speculation, Anywhere Real Estate and RE/MAX made the terms of their proposed settlement agreements in the Moehrl and Sitzer/Burnett buyer broker compensation class action suits public on Friday. 16, while a trial date for the Moehrl suit has yet to be set, it is expected start in early 2024. In the Sept.

Agents 403

Agents Brokerage Realtors Real Estate 403

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 432

Real Estate Realtors Real Estate Agent Law 432

Lamacchia Realty

APRIL 29, 2024

We are pleased to announce that Emerson Realtors out of Auburn, Massachusetts have joined forces with Lamacchia Realty. Emerson Realtors was co-founded by Kevin Maher, a fifth generation REALTOR® whose career spanned an impressive 45 years. We are looking forward to the next chapter for our brokerage.

Realtors 78

Realtors Realty Real Estate Brokerage 78

Lamacchia Realty

APRIL 19, 2024

April 19, 2024 – Lamacchia Realty is pleased to announce that Lynn Walsh has joined Lamacchia Realty’s Leominster office. With Lynn comes local expertise of her hometown in Lunenburg where she has been the number one REALTOR since 2019, and all surrounding areas in north central Massachusetts.

Realty 73

Realty Realtors Training Clients 73

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 459

Sellers Buyers Real Estate Contracts 459

Housing Wire

FEBRUARY 1, 2024

On Thursday, the Gary Keller-helmed brokerage notified the federal court in Missouri that it had entered into a settlement agreement with the plaintiffs in the Sitzer/Burnett suit. A final approval hearing for the two settlements has been set for May 9, 2024. The settlement settles all home seller lawsuits nationwide.

Agents 493

Agents Realtors Real Estate Agent Real Estate 493

Housing Wire

SEPTEMBER 6, 2023

Anywhere Real Estate ’s settlement agreement in two class action antitrust lawsuits dealing with buyer broker compensation raises important questions about the future of buyer’s agency and how other defendants are viewing the fast approaching trials. million in damages for both the Moehrl and Sitzer/Burnett suits.

Agents 447

Agents Buyers Realtors Sellers 447

Housing Wire

MARCH 8, 2024

The notifications were approved by Judge Stephen Bough, who is overseeing the Sitzer/Burnett suit, on January 11, 2024, and the usage of settlement fund to pay for the distribution of the notifications was approved on Feb. If recipients wish to opt out or object they must do so by April 13, 2024. she asked. “It

Agents 431

Agents Legal Realtors Clients 431

Housing Wire

SEPTEMBER 11, 2023

To get there, Cliffco, which has been in business since 1987, is going after the non-qualified mortgage ( non-QM ) market and investing in tech to get in front of buyers and non-agent referral partners. Non-QM ripe for the taking Faced with a lack of inventory across the country, lenders have been exploring ways to create new buyers.

Loan Officers 404

Loan Officers Agents Retail Technology 404