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Opinion: Navigating buyer agent compensation

Housing Wire

The National Association of Realtors (NAR) proposed settlement of litigation, recently given preliminary approval by the Court, has raised questions about whether buyers with limited resources, especially first-time home buyers , can afford closing costs. Here is an example of how that might work.

Buyers 301
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Rocket Mortgage strikes big advertising deal with Realtor.com

Housing Wire

Realtor.com and Rocket Mortgage , two of the biggest companies in the digital real estate space, have formed a key advertising partnership that their competitors are sure to notice. ” Neither Rocket nor Realtor.com disclosed how much money the advertising program was worth, but both noted they had a lengthy business relationship.

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Get more real estate buyer leads in 2024

Housing Wire

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. But beyond first-timers, we’ll show you how to attract real estate buyers of all kinds through a multi-tiered marketing approach that boosts both your visibility and credibility with potential buyers.

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Newest commission lawsuit doesn’t seek class-action status

Housing Wire

Wang claims that he found the properties on his own via searches on Zillow and StreetEasy , but when he expressed interest in submitting offers, listing agents refused to engage because he was an unrepresented buyer. Wang is demanding damages and a jury trial.

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Cordless Media inks new deal with web advertising behemoth

Inman

Cordless Media’s products are designed for companies trying to reach the real estate brands, home buyers, moving companies, investors and other entities in real estate verticals.

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‘Don’t panic:’ KW executives address agent questions on NAR commission settlement

Housing Wire

From there, the executives went on to address questions of where and how agents could advertise offers of cooperative compensation. Seller concessions is money that is being given by the seller directly to the buyer,” Papasan said. The buyer can use those funds for anything they would like, including paying their agent, if they choose.”

Agents 408
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Redfin launches new homebuyer refund program

Housing Wire

Launched on Thursday, the brokerage’s Sign & Save program provides buyers who sign up to work with a Redfin agent before their second home tour — and who purchase a property with that agent within 180 days of signing the agreement — a refund of 0.25% to 0.5% The buyer will receive the refund at closing.

Agents 463