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 501

Buyers Agents Mortgage Real Estate Agent 501

Housing Wire

MARCH 15, 2021

Also, we figured they would wake up one day, and say, ‘Hey, we’re a brokerage.’”. Zillow, for years, made money selling leads to real estate agents, a practice that agents like Herrera already felt ambivalent toward. The post Where real estate agents fit into Zillow’s grand vision appeared first on HousingWire.

Real Estate Agent 481

Real Estate Agent Real Estate Agents Brokerage 481

Housing Wire

APRIL 25, 2024

Real estate technology company reAlpha Tech Corp. launched Claire, a generative artificial intelligence -powered, zero-commission buyers’ agent chatbot, the company announced on Wednesday. The tool helps match buyers with the ideal property while providing insights into market trends and property values.

Buyers 354

Buyers Agents Real Estate Agent Real Estate 354

Housing Wire

AUGUST 9, 2023

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. The vast majority of real estate agents do not make it past the first touchpoint before they drop off, leaving an immense amount of opportunity on the table.”

Real Estate Agent 365

Real Estate Agent Real Estate Agents Clients 365

Housing Wire

DECEMBER 8, 2023

Originally filed in late November, the Phillips lawsuit accuses real estate industry players of colluding to artificially inflate real estate agent commissions. By enforcing this mandate, the NAR establishes an anticompetitive market where sellers are coerced into subsidizing the buyer’s costs.

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Brokerage Realty Real Estate Agent Real Estate 423

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 323

Real Estate Agent Real Estate Agents Clients 323

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 386

Real Estate Agent Real Estate Agents Brokerage 386

Housing Wire

MARCH 27, 2024

Brokerages took notice, resulting in a surge in companies and office locations competing for their share of listings, according to CoreLogic multiple-listing service data shared exclusively with HousingWire. In this environment of high rates and tight inventory, brokerages have had to become sharp elbowed.

Brokerage 404

Brokerage Realty Real Estate Inventory 404

Housing Wire

AUGUST 28, 2020

The line between traditional iBuyer and brokerage is getting ever-so-blurry for venture-backed startup Opendoor. billion in VC funding, is looking to bring aboard real estate agents in Phoenix, Arizona, to support its “Home Reserve” iBuying platform, according to Inman , which spotted a jobs posting Friday morning.

Brokerage 533

Brokerage Real Estate Agent Agents Real Estate 533

Housing Wire

JANUARY 29, 2024

As for the defendants, real estate brokerages River Point Realty , Bovard-Anderson , Priority Realty , Rubinoff Realty Services and Found It PA were added in the amended complaint. The addition of the five local brokerages is not the only recent change to the list of defendants.

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Brokerage Realty Real Estate Real Estate Agent 326

Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. According to the brokerage, 6.5% Buyers are picky and they don’t want to pay a dollar more than they need to,” the report said. the month prior.

Sellers 502

Sellers Buyers Inventory Real Estate Agent 502

Housing Wire

SEPTEMBER 19, 2023

The Real Brokerage continues to add to its agent count. Lafayette, Louisiana-based District South Real Estate Co. has joined Real, according to an announcement on Tuesday. Led by Carrie Théard and Sean Hettich, District South’s 40 agents serve home buyers and sellers in Louisiana’s Acadiana region.

Brokerage 378

Brokerage Agents Real Estate Realty 378

Housing Wire

FEBRUARY 27, 2024

At the 2024 Keller Williams Family Reunion event in Las Vegas, co-founder and executive chairman Gary Keller took the stage on Tuesday and spoke to a room full of real estate agents about the importance of buyer agency agreements within the context of the ongoing antitrust lawsuits.

Buyers 408

Buyers Agents Real Estate Agent Clients 408

Housing Wire

MARCH 18, 2024

Honing new skills With the settlement agreement including terms like a mandatory buyer agency agreement and a ban on displaying offers of cooperative compensation via listings on the MLS, it is understandable that some agents would like more guidance from NAR on what these terms will look like in practice. “It More off-MLS listings?

Brokerage 404

Brokerage Real Estate Agents Sellers 404

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 369

Brokerage Real Estate Realty Real Estate Agent 369

Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Extending a broad (but strategic) net is part of knowing how to generate buyer leads in real estate. Of course, you can’t do everything — but consistency is important.

Real Estate 382

Real Estate Buyers Tools Real Estate Agent 382

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 366

Buyers Contracts Agents Realtors 366

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. So why should agents have this requirement?” to allow buyer agent compensation to be rolled into the loan.

Real Estate Agent 437

Real Estate Agent Real Estate Agents Brokerage 437

Housing Wire

SEPTEMBER 28, 2020

based brokerage, announced last week the launch of its custom real estate listing system, PROJETO. Over the last few months, iBuyers and brokerages alike have launched solutions to keeping business going during the pandemic, including virtual home tours , 3D home tours and hosting virtual open houses.

Brokerage 544

Brokerage Real Estate Agent Realty Real Estate 544

Housing Wire

SEPTEMBER 29, 2023

The Paris-based brokerage is launching its Florida operation on Friday, marking its first expansion into the U.S. According to iad, the brokerage is the No. 1 brokerage by transaction sides in France, as well as No.3 Courtney and his agents also cited iad’s revenue sharing model. In addition to the U.S. 4 in Mexico.

Brokerage 392

Brokerage Agents Real Estate Realty 392

Housing Wire

APRIL 22, 2024

My name is (your name), and I’m a licensed real estate professional with (your brokerage). Access to a hyper-local agent is more important now than ever. Call or text me with any real estate questions! There are still plenty of buyers interested in this area. Great news! Your neighborhood is hot!

Real Estate 345

Real Estate Open Houses Brokerage Real Estate Agent 345

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 404

Real Estate Realtors Realty Brokerage 404

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.”

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Real Estate Brokerage Agents Real Estate Agent 327

Housing Wire

FEBRUARY 12, 2024

They also alleged that the National Association of Realtors ’ (NAR) Code of Ethics, the MLS handbook and real estate brokerages ’ practices have led to an artificial inflation of commission rates. In that context, Clever Real Estate released a study unveiling the average Realtor commission in every state.

Real Estate Agent 389

Real Estate Agent Realtors Real Estate Brokerage 389

Housing Wire

OCTOBER 4, 2023

California-based home equity investment firm Splitero launched its own real estate brokerage , Splitero Homes, this week. Our brokerage is unique,” Michael Gifford told HousingWire. “It’s So that’s a major differentiator from us and other agents.”

Brokerage 367

Brokerage Real Estate Investing Sellers 367

Housing Wire

JANUARY 18, 2024

The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate industry of colluding to artificially inflate real estate agent commissions. It was filed on Wednesday in U.S. District Court in Los Angeles. 17, 2020, and the present.

Realtors 507

Realtors Brokerage Realty Real Estate 507

Housing Wire

APRIL 17, 2024

Feb 27, 2024 By Sara Stover, Meghan Thibault and Sara Stover, Meghan Thibault Real estate farming: Become the go-to agent in your area using these tips, tools & strategies Feb 08, 2024 By Megan DeMatteo The 11 best real estate CRMs for 2024 Jan 12, 2024 By Megan DeMatteo Get more real estate buyer leads in 2024 Nov 29, 2023 By Megan DeMatteo 16 (..)

Real Estate 391

Real Estate Marketing Real Estate Agent Tools 391

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. Presented by: Axis Technical Group.

Brokerage 394

Brokerage Real Estate Lending Mortgage 394

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%.

Clients 426

Clients Agents Buyers Sellers 426

Housing Wire

APRIL 26, 2024

Summary The Millionaire Real Estate Agent Drive with NAR Real Estate Rockstars Podcast The Tom Ferry Podcast Experience Real Trending by HousingWire Elite Agent Secrets The Listings Lab Podcast with Jess Lenouvel Real Estate Training and Coaching School 5AM Call Keeping it Real The full picture 1.

Real Estate 368

Real Estate Agents Real Estate Agent Training 368

Housing Wire

DECEMBER 1, 2023

In an email blast sent to REBNY members, the New York City real estate agent trade group said it would “vigorously defend the litigation.” In its email, REBNY said that complaint is “laden with numerous inaccuracies regarding the RLS, the Universal Co-Brokerage Agreement, and the business of real estate.”

Real Estate Agent 367

Real Estate Agent Real Estate Agents Brokerage 367

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.”

Agents 386

Agents Buyers Loan Officers Real Estate 386

Housing Wire

OCTOBER 27, 2023

Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules. Listing brokers make offers of compensation to buyer brokers who bring a buyer to the table. And if those same consumers had to go it alone without buyer representation?

Real Estate Agent 461

Real Estate Agent Real Estate Realtors Buyers 461

Housing Wire

JANUARY 22, 2024

District Court in New York against the Real Estate Board of New York and several brokerages, according to court filings. Friedman’s suit was in regard to the 2021 sale of his Park Slope home, in which he paid a buyer broker commission. The filings did not provide any insight into why the suit was dismissed.

Real Estate Agent 397

Real Estate Agent Real Estate Agents Sellers 397

Housing Wire

APRIL 5, 2021

25 and March 1, 628 said they would move due to natural disasters, extreme temperatures, and rising sea levels in their area, according to real estate brokerage Redfin, which conducted the survey. ” Real estate agents and LOs: the great collaboration. Out of 2,000 people surveyed between Feb.

Buyers 450

Buyers Real Estate Agent Real Estate Brokerage 450

Housing Wire

SEPTEMBER 17, 2021

The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. But buyers shouldn’t get too excited. of offers written by Redfin agents facing competition in August.

Buyers 434

Buyers Inventory Real Estate Agent Agents 434

Housing Wire

SEPTEMBER 12, 2023

Another independent brokerage has chosen to align with RE/MAX. Yakima Valley, Washington-based The Real Estate Collective , is RE/MAX’s latest franchise, according to an announcement on Tuesday. The brokerage will now operate under the name RE/MAX The Collective.

Brokerage 395

Brokerage Real Estate Agent Real Estate Agents 395