Housing Wire

APRIL 22, 2024

In the past few weeks, 12 agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, Penny Alper, Jana and Dennis Caudill, Eric Mendoza, Jack Levine and John Exnicios — took legal action against the real estate brokerage by filing a host of class-action lawsuits.

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Agents Brokerage Legal Real Estate 399

Inman

APRIL 19, 2024

There's been a heapin' helpin' of new developments in the commission lawsuits. Here's how to pivot and be ready for whatever comes next.

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Legal Agents Development Brokerage 181

Housing Wire

FEBRUARY 16, 2024

MLS Match is an agent referral network program, while Xomio is internet data exchange (IDX) software that helps agents create websites in 19 different languages. Keeping in compliance and satisfying the legal requirements of referrals can be a consuming process, but MLS Match really cuts down on the time and creates a win-win scenario.

Agents 376

Agents Legal Tools Technology 376

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. Cooperative compensation is still legal,” Papasan stressed. Don’t panic.

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Agents Advertising Real Estate Buyers 425

Housing Wire

MARCH 8, 2024

If you sold a home and paid a commission to a real estate agent, you may be part of class action settlements,” the postcards read. JND Legal Administration is in charge of distributing the mailers, emails and press releases. Millions are expected to be sent out across America. “If

Agents 419

Agents Legal Realtors Clients 419

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.

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Buyers Agents Mortgage Real Estate Agent 504

Housing Wire

MAY 6, 2024

Despite all of the changes Abel anticipates will occur he said he firmly believes that the real estate agent will remain “an important part of these transactions.” “It ” He also shared that he has never negotiated down an agent’s commission, despite his last home sale fetching an over $7 million price tag.

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Real Estate Agent Real Estate Agents Realtors 489

Housing Wire

MAY 3, 2024

“While there are a lot of factors currently affecting the real estate market, one thing remains constant: RE/MAX agents leverage their skills, experience and competitive advantages to serve as many customers as they can,” said Erik Carlson , who was appointed as the firm’s CEO in November. He noted that the average RE/MAX agent closed 11.8

Agents 376

Agents Real Estate Training Buyers 376

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 in 2003. “We

Agents 386

Agents Brokerage Real Estate Clients 386

Housing Wire

NOVEMBER 9, 2023

In short, we are in the midst of a very complex legal situation, and we are working around the clock to evaluate the situation and get the very best advice about a path forward,” Kasper said. With the final ruling and injunction still unknown , Kasper acknowledged that there is a large amount of uncertainty swirling in the industry.

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Agents Legal Sellers Clients 427

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. My agent exchanged a few emails with the buyer’s agent over a few minor repair requests, but this was all buttoned up very quickly. Congratulations!” And that was that!

Agents 408

Agents Real Estate Agent Brokerage Real Estate 408

Housing Wire

FEBRUARY 14, 2024

The power of branding in real estate In the real estate world, there’s a prevailing belief that “You are the brand” as an agent. What if another agent, team leader, or broker has already used your brand name and/or logo to start a business in that market? Secondly, a federal trademark registration helps protect your brand as you scale.

Real Estate Agent 431

Real Estate Agent Real Estate Agents Brokerage 431

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%.

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Clients Agents Buyers Sellers 431

Real Estate News

APRIL 13, 2024

Bright MLS legal counsel Brian Schneider explained the ins and outs of the NAR settlement rule changes. Here’s what real estate professionals need to know.

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Legal Agents Real Estate 295

Housing Wire

JULY 28, 2023

Real estate agents and business leaders play a pivotal role in improving the cities in which they operate, making community service an essential value to their professions. Demonstrate your values to customers Buyers and sellers want more than just transactional relationships with their agents.

Real Estate Agent 346

Real Estate Agent Real Estate Agents Clients 346

Housing Wire

MARCH 26, 2024

Three agents formerly affiliated with Keller Williams Realty — Jerri L. Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. The following day, Bueker, a former KW agent from 2003 to 2011, filed a similar complaint in the U.S.

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Brokerage Legal Agents Realty 500

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. The lender and LO can make or break the transaction.”

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Buyers Agents Loan Officers Real Estate 395

Housing Wire

JANUARY 25, 2024

The PLS.com and three of the nation’s largest multiple listing services have reached a settlement agreement in their ongoing legal battle. In addition, the suit argued that if there was competition for the MLSs it would result in cascading “lower costs,” starting with the fees MLSs charge agents.

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Legal Real Estate Agents Realtors 424

Housing Wire

JANUARY 19, 2022

The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents.

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Real Estate Agent Real Estate Agents Insurance 441

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. I think it’s exactly what real estate agents need and what the industry has not been able to offer until now,” Berkin said in a statement.

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Real Estate Agent Real Estate Agents Legal 453

Inman

NOVEMBER 8, 2023

A majority of potential buyers say they're open to paying their agents in the wake of legal threats to commissions, according to results from a joint survey conducted by Inman with Dig Insights.

Buyers 187

Buyers Agents Legal Brokerage 187

Housing Wire

MARCH 15, 2024

NAR’s legal counsel approved the settlement agreement early Friday morning. In addition to the damages payment, the settlement also bans NAR from establishing any sort of rules that would allow a seller’s agent to set compensation for a buyer’s agent. The story was first reported by the New York Times.

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Legal Agents Realtors Real Property 540

Housing Wire

JANUARY 29, 2024

Two days after The PLS.com and three of the nation’s largest multiple listing services notified the court they had reached a settlement in their ongoing legal battle, the listing site filed a motion to dismiss the only remaining defendant, the National Association of Realtors , without prejudice. The original lawsuit was dismissed in Feb.

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Legal Real Estate Agents Realtors 404

Housing Wire

APRIL 15, 2024

In the past few weeks, 11 agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, Penny Alper, Jana and Dennis Caudill, Eric Mendoza and Jack Levine — took legal action against the real estate brokerage by filing seven separate class-action lawsuits.

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Brokerage Legal Agents Real Estate 396

Housing Wire

JULY 23, 2021

During the Q&A, Blake discussed the ramifications of previous DOJ investigations into NAR and conversations he has had with top-level agents on how they’re feeling about this news. How, if at all, does it practically affect agents? Mathew Blake: This is not an obscure, legal matter. HousingWire: Interesting insight.

Real Estate Agent 421

Real Estate Agent Real Estate Agents Brokerage 421

Housing Wire

OCTOBER 19, 2023

In his testimony, Gansho confirmed that NAR’s “Antitrust Compliance Guide” states that members should not discuss fees with competitors and that agents should never use statements such as, “I’d like to lower the commission, but no one will show your house.” We don’t tell people what to charge.”

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Training Agents Real Estate Brokerage 403

Housing Wire

APRIL 29, 2024

The firm also agreed that will not provide agents with any software that filters or restricts MLS listings based on the level of compensation being offered. “The Our global network of leading agents and luxury brand continue to position Douglas Elliman for future success as real estate markets stabilize.

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Brokerage Agents Legal Realty 402

Housing Wire

AUGUST 6, 2021

will pay a $1 million fine for improper benefits given to California real estate agents. The company also agreed to pay $185,000 to cover the department’s legal and investigative costs. California prohibits title agents from providing perks to real estate agents as business inducements. First American Title Co.

Agents 432

Agents Real Estate Agent Insurance Real Estate 432

Inman

MAY 8, 2024

While you need to be aware of the changes going on in the industry, CEO Verl Workman writes, you also need to make sure to keep your focus on what you can control.

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Legal Brokerage Agents 170

Housing Wire

APRIL 15, 2024

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey. In a similar vein, “getting listings” was the third-largest hurdle cited by agents.

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Inventory Agents Real Estate Sellers 407

Housing Wire

JANUARY 11, 2023

A title agency is charged with a good portion of populating and accurately preparing the vast majority of the documentation required for a legal closing. Hoyt Mann is a co-founder and president of alanna.ai, a conversational AI assistant aiming to elevate title agents’ operational efficiencies while upgrading their customer service.

Agents 400

Agents Technology Insurance Business 400

Housing Wire

FEBRUARY 28, 2024

The trade group’s legal woes have brought it back to California, where is already facing other commission lawsuits. 2021 to a buyer represented by a Redfin agent. She was also represented by a Redfin agent in the transactions. The National Association of Realtors is facing yet another copycat commission lawsuit.

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Realtors Legal Agents Brokerage 407

Housing Wire

MARCH 20, 2024

Fewer agents? At the root of many of these predictions is the notion that the settlement agreement will result in a higher level of agent attrition than analysts would anticipate solely based on the housing market slowdown experienced over the past two years. “If They will have to find a way to attract more agents all of a sudden.”

Brokerage 447

Brokerage Agents Realtors Real Estate 447

Housing Wire

SEPTEMBER 7, 2023

While tax planning is a year-round task, real estate agents can take some specific actions before the New Year to significantly cut their taxable income. This content should not be considered accounting or legal advice. You should consult your local tax or legal professional in your state for appropriate strategies.

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Real Estate Agent Real Estate Agents Business 395

Housing Wire

APRIL 9, 2024

In the past few weeks, seven agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, and Penny Alper — took legal action against the real estate brokerage by filing seven separate class-action lawsuits. An incentive to go back to Keller Williams remained.

Brokerage 439

Brokerage Agents Legal Real Estate 439

Housing Wire

APRIL 4, 2024

In the past few weeks, six agents formerly affiliated with Keller Williams — Jerri L. Davis — took legal action against the real estate brokerage by filing six separate class-action lawsuits. But that policy did not impact agents who joined before April 1, 2020. Moulder, David L. Bueker, Robert E. On Wednesday, Penny B.

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Brokerage Legal Agents Contracts 362

Housing Wire

APRIL 26, 2024

HomeServices of America , the last remaining brokerage defendant in the landmark Sitzer/Burnett antitrust commission case , has agreed to pay $250 million in damages to settle lawsuits that will change agent compensation across America. The DOJ may also file charges separately to prevent any display of buyer agent commissions on any platform.

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Brokerage Agents Real Estate Buyers 461