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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 483
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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

First, more buyers are using agents in 2023 than in 2003. Second, buyer agreements are not new. Third, Compass agents have doubled down on training to help them better communicate their value proposition. Compass has the best value proposition for buyers of any brokerage firm,” Reffkin said.

Agents 406
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Industry reacts to Redfin-NAR split: ‘It’s a crack in the wall’

Housing Wire

Redfin put the real estate industry on notice Monday morning, announcing that it will require agents to cancel their National Association of Realtors membership where possible. model of local MLS broker marketplaces has long been — and still is — considered the best value in the world.

Realtors 323
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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

Both buyers and sellers value the combined benefits of his individual talents along with membership in one of the most respected real estate firms in New York City. Jane Doe is an industry-leading Realtor with a talent for selling unique properties.” Jane Doe specializes in luxury markets.”

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17 Realtors® Go Back in Time: First Year Real Estate Advice

Raleigh Realty

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' How much commissions you make in your first year as a Realtor will be entirely dependent on you and how much business you're able to generate. What is the average price of sold homes in your area?

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Navigating the Move: Logistics of a Smooth Home Selling Transition

Lamacchia Realty

With these easy steps and the guidance of a local Lamacchia Realty REALTOR ® you will be ready to move without the added stress. This not only makes your home more appealing to potential buyers but also reduces the items you’ll need to move. Start Early and Declutter Your Home With any major life decision, preparation is key!

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Preparing Your Home For an Appraisal

Eppraisal

The real estate market is still hot and there are currently more buyers than homes available for sale. So far in this year's fall real estate market, home values continue to rise. Despite the super seller's market, appraisers are protecting the mortgage companies' interests. Big or small, repairs help increase home values.