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 433

Real Estate Realtors Realty Brokerage 433

Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. Last year , over 60 real estate brokerage firms or real estate teams made the list, but this number shrank to just 36 in 2023.

Brokerage 370

Brokerage Real Estate Realty Real Estate Agent 370

Housing Wire

APRIL 8, 2024

Fast-growing, publicly traded The Real Brokerage announced Monday that it had reached a settlement agreement with the plaintiffs in the Umpa commission lawsuit. The Umpa suit is the only commission lawsuit in which Real has been named as a defendant. The brokerage will pay $9.25 The Real Brokerage closed $14.4

Brokerage 382

Brokerage Real Estate Agent Real Estate Clients 382

Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Is now a good time to invest in real estate automation technologies?

Brokerage 393

Brokerage Real Estate Lending Mortgage 393

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? So how is the uniformity and permanence of buyer agents’ 2-3% rate possible in a free market? One of the researchers, Will Fried, had a hunch.

Clients 424

Clients Agents Buyers Sellers 424

Housing Wire

FEBRUARY 1, 2024

Sure, your real estate landing pages look great — but do they convert? A good real estate website includes more than just drool-worthy images of homes priced to sell. Most importantly, your website should be designed with prospective clients in mind, giving them the exact information they need and steps to get in touch.

Real Estate 442

Real Estate Real Estate Agent Agents Brokerage 442

Housing Wire

SEPTEMBER 20, 2023

First impressions matter, especially in the luxury real estate market. And often your first impression as a brokerage or an agent is your online presence. From your website to your social media platforms, setting a high standard creates a lasting positive impression on potential clients. Content plays the long game.

Real Estate 404

Real Estate Brokerage Luxury Properties Design 404

Housing Wire

MARCH 22, 2024

I’m sharing a transformative announcement with you today, one that marks a new era for RealTrends and propels forward the vision of bringing transparency to what it means to be a top-performing real estate brokerage, team or agent. In real estate and data alike, clarity and trust are paramount.

Brokerage 414

Brokerage Real Estate Agents Sellers 414

Housing Wire

OCTOBER 16, 2023

Regardless of the outcome, real estate brokers are doing all they can to prepare their brokerages and their agents for more transparency, education on the value real estate agents bring to the transaction, and more, according to the 2023 Q4 BrokerPulse survey , a forward-looking housing market sentiment survey by HousingWire.

Real Estate 414

Real Estate Brokerage Training Agents 414

Housing Wire

JULY 19, 2023

Over the past year or so, we have seen an uptick in questions relating to commission disputes between brokers and their clients. A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract. A seller-client cancels a listing.

Real Estate 370

Real Estate Legal Brokerage Clients 370

Housing Wire

APRIL 26, 2024

While there is plenty of noise out there, we dug for podcast gold to come up with a list of the best real estate podcasts that are worth your time. We curated a shortlist of the top real estate podcasts that provide useful information for agents at every stage of their careers. Apple Podcasts Spotify 2.

Real Estate 457

Real Estate Agents Real Estate Agent Training 457

Housing Wire

NOVEMBER 1, 2023

Just hours after securing a victory for his home seller clients in the landmark Sitzer/Burnett commission lawsuit, Michael Ketchmark, the lead attorney for the plaintiffs, filed another class action antitrust lawsuit against some of the real estate industry’s biggest players, in U.S. District Court for Western Missouri.

Real Estate 414

Real Estate Brokerage Sellers Law 414

Housing Wire

MARCH 27, 2024

These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” And before getting my real estate license in 2009, I had the same opinion, too. The National Association of Realtors has provided these facts: 86% of buyers purchased their home through a real estate agent or broker.

Real Estate Agent 326

Real Estate Agent Real Estate Agents Sellers 326

Housing Wire

OCTOBER 6, 2023

The terms of Anywhere Real Estate ‘s $83.5 million settlement with plaintiffs in two bombshell buyer commission lawsuits have been made public, and they stipulate that the brokerage conglomerate make significant changes to its practices.

Buyers 424

Buyers Brokerage Agents Sellers 424

Housing Wire

MARCH 22, 2024

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement. As of Jan. As of Jan.

Buyers 471

Buyers Contracts Real Estate Agents 471

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.

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

APRIL 30, 2024

As the July deadline for the implementation of the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement approaches, the trade organization is looking to iron out some details about buyer broker agreements.

Buyers 457

Buyers Open Houses Sellers Agents 457

Housing Wire

MAY 9, 2024

After months of uncertainty, the real estate industry has a reason to celebrate, at least a little bit. In addition to RE/MAX, Anywhere and Keller Williams, NAR, Douglas Elliman , Realty One Group , At World Properties, Compass , HomeServices of America and The Real Brokerage, have also reached settlement agreements.

Brokerage 382

Brokerage Realty Sellers Real Estate 382

Housing Wire

MAY 2, 2024

Luxury brokerage Engel & Volkers Atlanta is expanding its footprint in the Georgia capital through the acquisition of AtHome & Co., will allow us to further our reach and deliver the highest quality service to more buyers and sellers.” the company announced on Wednesday. The addition of AtHome & Co.

Brokerage 421

Brokerage Real Estate Sellers Clients 421

Housing Wire

OCTOBER 11, 2023

These lawsuits threaten to radically reshape the residential brokerage landscape, and could be the catalyst for a fat decline in the annual commission pool as well as the industry shedding as many as 80% of agents, according to a team of analysts at Keefe Bruyette Woods. Relatedly, the commission rates could decline by 200 bps or more.

Real Estate Agent 471

Real Estate Agent Real Estate Agents Brokerage 471

Housing Wire

NOVEMBER 14, 2023

While the lawsuit does name large corporate brokerage firms as defendants, including Keller Williams , Side , HomeServices of America , and Fathom Realty , the robust defendant list also includes real estate teams, such as The Loken Group and Hexagon Group , as well as an individual broker, Mark Anthony Dimas.

Real Estate 404

Real Estate Realtors Realty Buyers 404

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. 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.

Real Estate Agent 404

Real Estate Agent Real Estate Agents Clients 404

Housing Wire

OCTOBER 13, 2023

It’s a weird time to be a real estate agent , and I see it all around me here in the Denver metro. Brokers who rode the proverbial wave of real estate during the pandemic and have now had to reroute or pivot to figure out how to navigate a market that was once boasting the lowest rates in decades are disoriented.

Real Estate Agent 471

Real Estate Agent Real Estate Agents Marketing 471

Housing Wire

MARCH 7, 2024

On Thursday, the Anywhere brand announced that Northern California firm Vista Real Estate had joined the Sotheby’s network. The area is seeing interest from domestic buyer s in major cities alongside the West Coast looking for a change of scenery and slower living.” This marks Sotheby’s 111th office in California.

Real Estate 433

Real Estate Realty Clients Tools 433

Housing Wire

MAY 14, 2024

Louis-based Clever Real Estate found that recent homebuyers, as well as people who are considering a home purchase in the next year, are experiencing a laundry list of difficulties. Last month, Clever surveyed a total of 920 Americans about their views of the home purchase process and real estate agents.

Real Estate Agent 442

Real Estate Agent Agents Real Estate Buyers 442

Housing Wire

NOVEMBER 2, 2023

Real estate agents are always looking for vetted, high-quality leads — and especially so during 2023 market conditions. These providers offer a rapid and cost-effective means for real estate agents to gather a list of potential clients and ultimately boost sales.

Real Estate 423

Real Estate Real Estate Agent Tools Agents 423

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 447

Buyers Contracts Agents Realtors 447

Housing Wire

MARCH 22, 2024

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024. Drive leads to home valuation landing pages It’s the 21st century.

Real Estate 414

Real Estate Sellers Real Estate Agent Tools 414

Housing Wire

APRIL 22, 2024

According to Florance, the capabilities Matterport offers real estate agents, which are not just limited to floor plans, will allow homebuyers to view properties without staging or with their own furniture in the property. In turn, this will allow agents to provide even more value to their clients. Brands matter.”

Real Estate 411

Real Estate Brokerage Agents Real Estate Agent 411

Housing Wire

AUGUST 9, 2023

The advent of artificial intelligence (AI) has been sending shockwaves across nearly every industry, and real estate is no exception. This piece will explore some of the key domains where AI is having the greatest impact for real estate agents, brokers and the innovative companies leading the charge.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

APRIL 24, 2024

Another brokerage has decided to settle the commission lawsuits. Chicago-based At World Properties , which own @properties and Christie’s International Real Estate , has agreed to settle the nationwide class-action antitrust claims brought by home sellers.

Brokerage 386

Brokerage Real Estate Agents Sellers 386

Housing Wire

MARCH 18, 2024

In addition to the timeline, industry leaders like Ryan O’Neill — who leads the RE/MAX Advantage Plus -brokered Minnesota Real Estate Team — say they are dealing with agents who are frustrated by the lack of guidance from industry trade groups on what the settlement really means. “I

Brokerage 414

Brokerage Real Estate Agents Sellers 414

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 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

SEPTEMBER 13, 2023

It is important to note that every one of the major national networks, those listed above, along with RE/MAX , Anywhere , United Real Estate and HomeSmart , are still active with local combinations among both their company-owned operations and their affiliated firms.

Real Estate 392

Real Estate Valuation Brokerage Property Management 392

Housing Wire

JULY 17, 2023

The real estate sector is constantly evolving, and one technology has emerged as a true game changer: virtual reality (VR). While VR has transformed various industries, it is in real estate where its impact truly shines. The following list of ten ways to use VR in real estate could forever change the way you do business.

Real Estate 365

Real Estate Technology Business Real Estate Agent 365

Real Estate News

MARCH 27, 2024

Brokerages and agents need to communicate exactly how they serve buyers, just as they do for sellers — and what value those services bring to clients.

Buyers 238

Buyers Agents Brokerage Sellers 238

Housing Wire

MARCH 12, 2024

A little over a month after formally relaunching homebuyer refunds under its Sign & Save program, Redfin announced that Sign & Save is now available to clients nationwide. The buyer will receive the refund at closing. In July 2022, Redfin moved to eliminate the commission refund it offered to buyers in 22 markets.

Real Estate 439

Real Estate Brokerage Agents Clients 439