Remove Agents Remove Legal Remove Open Houses Remove Sellers
article thumbnail

‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

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 504
article thumbnail

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

Housing Wire

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.

Agents 397
Insiders

Sign Up for our Newsletter

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

article thumbnail

Brokers prepare for changes after Sitzer/Burnett commission lawsuit verdict

Housing Wire

The real estate industry as agents and brokers know it has been turned upside down. It remains to be seen exactly what the guilty verdict in the Sitzer/Burnett commission lawsuit means for agents and brokers, as the industry waits for Judge Stephen Bough’s injunction. billion in damages. (It It would swell to $5.36

article thumbnail

9 Takeaways: What is Dual Agency in Real Estate?

Raleigh Realty

What is Dual Agency in Real Estate and Should you Avoid it Most buyers and sellers are familiar with how listing agents and buyer’s agents work which leads us to the question of what is dual agency in real estate? My first transaction as a Real Estate Agent was as a dual agent representing both the buyer and the seller.

article thumbnail

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

Raleigh Realty

How to Sell a House By Owner (FSBO) Before selling your home for sale by owner, it's important to understand the pros and cons, what's involved, and what to expect throughout the process. This is buyers, let's take a look at sellers: In order to understand the pros and cons of selling by owner let's start with a quick story.

article thumbnail

Pros and Cons of Selling Your Home As-Is

Cleveland Appraisal Blog

However, sometimes properties may have specific problems that are too serious and can’t go unnoticed at an open house. Selling your house as-is has the apparent advantage of relinquishing the need to deal with your old place when you prepare to move to your new home. What does it mean to sell your home as-is?

article thumbnail

For Sale By Owner (FSBO): A Comprehensive Guide for 2023

Listing Spark

Are you considering selling your home without the assistance of a real estate agent? In this blog post, we’ll explore the typical experience of a For Sale By Owner seller and provide insights into what you can expect when listing your property. By eliminating these costs, sellers can potentially save thousands of dollars.