article thumbnail

“Greetings from Missouri!” Millions are finding commission lawsuit postcards in the mail. Agents say it’s an opportunity

Housing Wire

JND Legal Administration is in charge of distributing the mailers, emails and press releases. While it is not uncommon for the parties themselves to handle settlement administration work, legal experts told HousingWire that due to the size and scope of these lawsuits it is not surprising that a third-party administrator was brought in.

Agents 377
article thumbnail

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 We found that more than 99% of new listings in March included offers to pay the buyer’s agent.

Agents 335
Insiders

Sign Up for our Newsletter

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

article thumbnail

How to get a real estate license in Texas

Housing Wire

Requirements to get your real estate license in Texas Getting your real estate license in Texas comes down to fulfilling your qualifying education requirement, applying for your license, getting your background check, taking and passing the exam, and finding a sponsoring brokerage.

article thumbnail

Investment Success: The Crucial Role of Brokerages for Investors

Listing Spark

The role a brokerage plays in the process of buying and selling real estate winds through most of these challenges. For investors who want to grow their business without wasting money or opportunities, finding the right brokerage is one of the most important strategic choices you can make.

article thumbnail

What is Dual Agency in Real Estate?

CA Realty Training

When your new listing comes on the market, you show it to your buyer and it is a good fit. Some agents actively look for the buyer after they get the listing. Legally, we know that this isn’t true. A fiduciary duty is a legal obligation for one party to act in the best interest of another. Dual Agency Advantages.

article thumbnail

Home Listing Tips that Every Real Estate Agent Needs to Know

CA Realty Training

Don’t forget to spread the good news about your new listing. Generally, you can advertise your listing through four avenues. . You can passively tap your sphere of influence for leads by talking about your new listing. If you are working with a brokerage, advertise there. Tip #5: Negotiate.

article thumbnail

12 Questions to Ask Your Real Estate Agent

PennyMac

Find an agent who really understands the different contracts you need and how to properly fill them out, the legal obligations you’ll run into, and the financial side of the business. If you see a new listing that you love, how quickly can your agent accommodate your request for a tour? How much notice do they need?