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RE/MAX settles buyer broker commission lawsuits for $55 million

Housing Wire

According to court documents filed on Monday, RE/MAX and the home sellers suing the firm in both the Moehrl and Sitzer/Burnett cases, which both deal with buyer brokers’ commissions, have reached a preliminary settlement agreement, settling all claims in both suits. In fact, the U.S.

Buyers 498
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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We In addition to Compass’ market share gains, the firm also recorded a 10% annual bump in revenue to $1.05

Agents 451
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Best real estate continuing education schools for quick and easy license renewal in 2024

Housing Wire

CE bundles price range: $89 to $189 Visit Colibri Real Estate Best Value The CE Shop CE courses available in all 50 states Intuitive interface and features. Course content is written and taught by active, seasoned industry professionals, and course upgrades feature engagement with instructors experienced in your local market.

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Industry reacts to Redfin-NAR split: ‘It’s a crack in the wall’

Housing Wire

model of local MLS broker marketplaces has long been — and still is — considered the best value in the world. There is likely to be some other certain brokers in certain markets who are going to drop their membership now,” Murray said. “I Sometimes, noticing and speaking are revolutionary acts.”

Realtors 339
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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. Jane Doe specializes in luxury markets.” After all, prospective clients are trusting you with one of their biggest financial decisions.

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Renovations That Increase Home Value in BC: Our Top 8 Picks

D Fritz Appraisals

knows which renovations can add market value – and which will make your home more valuable to you but won’t necessarily increase the selling price. Read on for our top 8 picks for renovations that increase home value in BC. How is Home Value Measured? Buyers are looking for flooring that is clean and easy to maintain.

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Common Real Estate Appraisal Myths

East Coast Appraisal

Home Appraisal Is Only Beneficial to the Buyer. Many home sellers shy away from property appraisal because they believe the process only caters to the buyer's needs. However, property appraisal benefits both the buyer and the seller. For the buyer, a home appraisal protects them from overpaying for a property.