Remove Advertising Remove Buyers Remove Sellers Remove Training
article thumbnail

BHHS CEO Gino Blefari: ‘Doesn’t agree with it one bit’ about commission conspiracy

Housing Wire

Ketchmark also questioned Blefari about the training video in which Blefari said, as an agent, his commissions started at 6% and went up. “I It’s a negotiation with the seller.” However, he said this might not be in the best interest of the seller. I was a successful agent. The value I add, I believe, is worth 6%.

Sellers 433
article thumbnail

Opinion: Prepare for a future without guaranteed shared compensation

Housing Wire

This is a dramatic and peculiar stance, given that same company a couple of years ago launched a $1 million annual advertising campaign touting a 1% listing fee, but only if the seller turned into a buyer for them. Meaning, they were counting on buyer agent compensation to pay their bills.

Agents 414
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 activities real estate agents should do every morning

Housing Wire

The past year and a half, with its rising mortgage rates , low inventory, and economic uncertainty, has been a challenge for real estate pros, not to mention the buyers and sellers they serve. Attend training workshops, webinars, and conferences to acquire new skills and knowledge that can help you stay ahead of the competition.

article thumbnail

Reverse purchase financing: The financing option no one is talking about

Housing Wire

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. Recently, Interested Party Contributions (or seller concessions) have been allowed with HECM for Purchase loans.

Finance 464
article thumbnail

Redfin settles Fair Housing Act lawsuit

Housing Wire

As part of the settlement, we will increase our investment in serving buyers interested in low-priced homes in communities that have historically been underserved by the real estate industry.”. Another settlement plank is an “advertising plan that promotes Redfin’s services to prospective sellers and buyers of homes in non-white communities.

article thumbnail

Over 70 of Homebuyers Have Buyer's Remorse

Hank Miller Team

Seems that just over 70 of recent homebuyers have buyer’s remorse. In Feb '21 we noted that 44 of homebuyers had buyer's remorse, these new stats are bonkers. This number is a bit of a surprise and the reasons have to do with price but also with just about every other aspect of the buyer's transactions. Most of them.

Buyers 40
article thumbnail

9 Things to Know Before Selling a Home For Sale by Owner

Raleigh Realty

The question should I sell my home for sale by owner or without a Realtor® is likely one asked by every home seller with the thought of trying to save money. Buyers want to work with the best local Realtors® to help them when buying a home because it is such a large financial purchase with so many different components involved.