Housing Wire

JANUARY 18, 2021

That’s what real estate agents are here for. Almost 90% of buyers recently used a real estate agent or broker to purchase their home, according to the National Association of Realtors. A real estate agent is a licensed professional who can guide you through the homebuying process.

Real Estate Agent 545

Real Estate Agent Real Estate Agents Buyers 545

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.

Buyers 412

Buyers Agents Real Estate Agent Clients 412

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 403

Real Estate Agent Real Estate Agents Brokerage 403

Housing Wire

AUGUST 2, 2021

Real estate agent Alanna Strei’s client wanted to check out “Tesoro Vista Del Sur,” 134 newly built townhouses in the Ocean View Hills area of San Diego. Do you need an agent when you have 10 buyers for every home?” Agents don’t want to hear that. The reason is simple: demand is through the roof. “Do

Real Estate Agent 433

Real Estate Agent Real Estate Agents Realty 433

Housing Wire

APRIL 26, 2024

We curated a shortlist of the top real estate podcasts that provide useful information for agents at every stage of their careers. Whether you’re new to selling real estate or have decades of experience, everyone can learn valuable lessons and gain motivation from this podcast’s discussions with guests.

Real Estate 454

Real Estate Agents Real Estate Agent Training 454

Housing Wire

SEPTEMBER 18, 2020

No matter how experienced a real estate agent is, he or she relies on leads for business growth. But industry professionals report that there’s a misconception among agents about conversion rates. The post What conversion rate should real estate agents expect when they purchase leads?

Real Estate Agent 434

Real Estate Agent Real Estate Agents Technology 434

Housing Wire

FEBRUARY 21, 2024

The National Association of Realtors (NAR) announced on Wednesday the addition of a home repair estimate app to its package of NAR Realtor Benefits for members. Second Century Ventures , NAR’s strategic investment division, included Curbio in its “REACH” startup growth program in 2019.

Home Improvement 399

Home Improvement Realtors Real Estate Agent Inspection 399

Housing Wire

MARCH 14, 2024

Like the Department of Justice , the Federal Reserve has decided to weigh in on the real estate agent commission debate. of them including an offer to pay 3% of the sales price to the buyer’s agent. Because of this, the authors believe buyer agents are then able to “command commission above cost.”

Agents 400

Agents Legal Real Estate Agent Buyers 400

Housing Wire

NOVEMBER 1, 2023

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.

Clients 424

Clients Agents Buyers Sellers 424

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Attorneys, Realtors and clients are a big part of our repeat business.”

Buyers 391

Buyers Agents Loan Officers Real Estate 391

Housing Wire

MAY 14, 2024

Last month, Clever surveyed a total of 920 Americans about their views of the home purchase process and real estate agents. We found that buyers stepping into the 2024 housing market have much to learn from previous shoppers,” the report stated. “We More than 80% of recent buyers asked for at least one seller concession.

Real Estate Agent 441

Real Estate Agent Agents Real Estate Buyers 441

Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

Buyers 392

Buyers Contracts Agents Realtors 392

Housing Wire

MARCH 25, 2024

On the heels of the $418 million settlement recently announced by the National Association of Realtors (NAR), mortgage trade group Community Home Lenders of America (CHLA) has called on the U.S. Under the current system, the buyer agent’s commission is baked into the price paid for a home.

Agents 433

Agents Real Estate Agent Real Estate Buyers 433

Housing Wire

MARCH 27, 2024

The National Association of Realtors (NAR) urged the U.S. Earlier this month, the NAR announced the settlement of various lawsuits filed by home sellers, which allege that the real estate industry colluded to keep agent commissions artificially high at 5% to 6% of a home’s sale price.

Buyers 442

Buyers Real Estate Agent Inventory Real Estate 442

Housing Wire

MAY 8, 2024

Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate environment. “In We are a company of top agents.” annual increase in the number of transactions closed by Compass agents, which came in at 38,449 sides for a volume of $40.1

Agents 382

Agents Brokerage Real Estate Clients 382

Housing Wire

NOVEMBER 14, 2022

Full-service mortgage lender Nations Lending and local Indiana real estate firm Carpenter Realtors launched a joint venture, Commitment Mortgage , in order to offer an end-to-end experience — from finding a home to closing a loan in a cooled-down housing market. “We trillion in 2022, down from the previous year’s $4.4

Lending 354

Lending Realtors Real Estate Agent Mortgage 354

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. 20, the National Association of Realtors said that contract signings were up 23% year over year. Now, believe it or not, fall home-buying season is in full swing.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

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. Some agents reported not having made any changes to their business due to the lawsuits, while others have.

Agents 381

Agents Realtors Clients Real Estate Agent 381

Housing Wire

APRIL 11, 2024

As the real estate industry undergoes a significant shift in its commission structure, a recent Redfin survey reveals a lack of knowledge among homebuyers regarding their agents’ compensation. According to the findings, a significant portion of recent homebuyers remain in the dark about crucial aspects of agent payments.

Agents 426

Agents Real Estate Sellers Buyers 426

Housing Wire

FEBRUARY 12, 2024

The series of lawsuits that have been shaking the real estate industry for the past several months have all revolved around the same issue: Realtor commissions. In the Sitzer-Burnett case, plaintiffs successfully argued that real estate commission rates were too high.

Real Estate Agent 400

Real Estate Agent Realtors Real Estate Brokerage 400

Housing Wire

SEPTEMBER 11, 2020

Real estate agent safety has been a concern for years, as the job requires showing empty homes or homes occupied by others, and meeting new people, often alone. As September is Realtor Safety Month, the National Association of Realtors has released its 2020 Member Safety Report.

Open Houses 545

Open Houses Realtors Real Estate Agent Agents 545

Housing Wire

MARCH 28, 2024

The National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA) are asking federal housing officials to confirm their treatment of interested party contributions (IPCs) to home purchase transactions. Sellers or buyers can pay the buyer’s agent’s fees. NAR also sent a letter to the U.S.

Real Estate Agent 435

Real Estate Agent Sellers Buyers Agents 435

Housing Wire

APRIL 10, 2024

R New York , a brokerage boasting approximately 800 agents, has joined the American Real Estate Association , an alternative to the National Association of Realtors (NAR), according to The Real Deal. For too long our industry mandated agents join a trade association,” Haber told HousingWire. “We

Real Estate Agent 446

Real Estate Agent Real Estate Agents Legal 446

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. I wanted to close before May 1, so I selected a buyer who was already in underwriting. Congratulations!” You just sold your house.” And that was that!

Agents 403

Agents Real Estate Agent Brokerage Real Estate 403

Housing Wire

MARCH 28, 2022

As lenders adapt to a purchase-centered market , HousingWire spoke to Brian Boero, CEO of 1000watt , about opportunities to grow lenders’ effectiveness in the Realtor and broker market. HousingWire: What’s happening right now in the Realtor world that lenders should know more about? This has created an environment of scarcity.

Realtors 359

Realtors Real Estate Agent Marketing Advertising 359

Housing Wire

JANUARY 26, 2024

“I was sitting on my couch and I saw Michael on CNBC calling us a cartel, saying that we take money that doesn’t belong to us, and I was infuriated at that rhetoric and I was infuriated at what that infers about Realtors,” Lamacchia said. “It It dehumanizes Realtors and turns us into money-making machines.”

Realtors 430

Realtors Law Agents Real Estate 430

Housing Wire

MARCH 25, 2024

During a virtual open house hosted by Keller Williams to answer agent and broker questions about the settlements in the commission lawsuits , the overwhelming message was for real estate professionals to focus on what they can control. Don’t panic. The executives said they received more than 150 questions.

Agents 419

Agents Advertising Real Estate Buyers 419

Housing Wire

FEBRUARY 16, 2024

A second home seller in Nevada has filed a lawsuit alleging that real estate industry players in the state have colluded to artificially inflate real estate agent commissions. This would lead to competition among buyer brokers to offer lower commission rates. 16, 2020, and the present.

Real Estate 421

Real Estate Realtors Realty Brokerage 421

Housing Wire

AUGUST 2, 2023

DirectOffer , a marketing and lead generation tool using AI and machine-learning to enhance property listings, has recently reached an agreement with the Arizona Realtors. DO AudioTours offer two methods for listing agents to add audio voice overs to property photos.

Realtors 360

Realtors Technology Agents Real Estate 360

Housing Wire

JANUARY 31, 2024

After months of plaintiffs’ lawyers in commission lawsuits claiming that the National Association of Realtors sets real estate agent commissions, the trade group finally decided to, in its words, “set the record straight.”

Real Estate Agent 447

Real Estate Agent Real Estate Realtors Agents 447

Housing Wire

JANUARY 12, 2024

Agents and brokers in Colorado will soon be able to view listings and share their own listings, with real estate professionals in four other metro areas. REcolorado , the state’s largest multiple listing service , announced new data sharing partnerships with four other MLSs on Thursday.

Real Estate Agent 423

Real Estate Agent Real Estate Realtors Agents 423

Housing Wire

JANUARY 18, 2024

The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate industry of colluding to artificially inflate real estate agent commissions. It was filed on Wednesday in U.S. District Court in Los Angeles. 17, 2020, and the present.

Realtors 522

Realtors Brokerage Realty Real Estate 522

Housing Wire

MAY 1, 2024

district court in Florida, accusing HomeServices and its subsidiaries, BHH Affiliates and HSF Affiliates , of conspiring to artificially inflate real estate agent commissions. Lutz’s attorneys wrote that this has “led to higher home prices paid by buyers.” Lutz is being represented in the suit by Randall P. “

Sellers 419

Sellers Realtors Real Estate Agent Real Estate 419

Housing Wire

APRIL 22, 2024

To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates. Djon said these leaders are “at the top,“ with the ability to recruit other agents and override what the unit does, which is a way to retain these top-performing employees.

Brokerage 377

Brokerage Real Estate Realtors Real Estate Agent 377

Housing Wire

OCTOBER 27, 2023

the National Association of Realtors (NAR), et al kicked off this week in a Kansas City, Missouri, federal courtroom, there is a lot at stake for consumers and business competition. Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules.

Real Estate Agent 457

Real Estate Agent Real Estate Realtors Buyers 457

Housing Wire

JANUARY 22, 2024

Friedman’s suit was in regard to the 2021 sale of his Park Slope home, in which he paid a buyer broker commission. According to Friedman’s initial complaint, this artificially inflated real estate agent commissions. Instead, if a seller wishes to compensate the buyer’s agent, they must pay the agent themselves.

Real Estate Agent 413

Real Estate Agent Real Estate Agents Sellers 413

Housing Wire

FEBRUARY 8, 2021

The commission gobbled up by a homebuyer’s real estate agent will now be posted on Redfin’s listings. Under that deal, the MLS operator/lobbying group for real estate agents agreed that they could no longer keep Redfin and other websites from posting an agent’s commission fee.

Agents 369

Agents Real Estate Agent Real Estate Sellers 369