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. 17, 2020, and the present. 17, 2020, and the present. It was filed on Wednesday in U.S.

Realtors 516

Realtors Brokerage Realty Real Estate 516

Housing Wire

JANUARY 2, 2024

Filed last Wednesday in the Western District of Missouri, the Umpa suit, named after its lead and only plaintiff Daniel Umpa, accuses the real estate industry of allegedly colluding to artificially inflate real estate agent commissions. 27, 2019, and the present.

Sellers 402

Sellers Brokerage Real Estate Realtors 402

Housing Wire

JANUARY 16, 2024

So, while I make no claim as to the specific deep legal issues, I have some familiarity of antitrust actions and more in the conduct of legal actions in a courtroom. No evidence of collusion First, according to the filings, the plaintiffs in the case presented no evidence at trial as to any collusion or conspiracy among the defendants.

Agents 368

Agents Law Sellers Legal 368

Housing Wire

APRIL 30, 2021

Part one explained the history of sales commissions , and the labor market for real estate agents. Part two dove into legal challenges of the present commission system, and the industry’s defense of commissions at the present level of 5% a home sale. You know what’s annoying? Already a member?

Real Estate 433

Real Estate Real Estate Agent Agents Legal 433

Housing Wire

MARCH 15, 2024

Getting referrals and cozying up to the sell side Mike Kortas, CEO at NEXA Mortgage , sent a clear message to the over 2,300 mortgage LOs at his mortgage brokerage: “Keep your eyes open, keep your ears open, listen for opportunities that are going to present themselves, and be ready to assist more buyers.

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

NOVEMBER 28, 2023

The savvy real estate agents and loan officers see this not a crisis but a golden opportunity. This is a call to arms for real estate agents and loan officers ready to seize the day. Presentation skills: A gateway to higher conversion rates Presentation skills are another crucial element.

Real Estate 310

Real Estate Real Estate Agent Loan Officers Clients 310

Housing Wire

JANUARY 9, 2024

District Court in Arizona, Joseph Masiello, an Arizona resident and home seller, accuses several real estate companies of colluding to artificially inflate real estate agent commissions. 5, 2020, and the present. In a copycat suit filed last Friday in U.S. commission ($10,250) to the buyer broker.”

Realty 457

Realty Realtors Real Estate Real Estate Agent 457

Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Ready to find a real estate brokerage?

Real Estate 394

Real Estate Real Estate Agent Brokerage Agents 394

Housing Wire

NOVEMBER 27, 2023

On Wednesday, home seller plaintiffs in northern Georgia filed a class-action antitrust lawsuit accusing real estate industry players of colluding to artificially inflate real estate agent commissions. 22, 2019, and the present.

Real Estate 440

Real Estate Real Estate Agent Sellers Realty 440

Housing Wire

MAY 1, 2024

district court in Florida, accusing HomeServices and its subsidiaries, BHH Affiliates and HSF Affiliates , of conspiring to artificially inflate real estate agent commissions. 1, 1996, and the present. On Monday, homebuyer James Lutz filed a class-action antitrust lawsuit in a U.S. “

Sellers 411

Sellers Realtors Real Estate Agent Real Estate 411

Housing Wire

NOVEMBER 8, 2023

31, 2023, the Gibson lawsuit pits three Missouri home sellers, Don Gibson, Lauren Criss and John Meiners, against National Association of Realtors , Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman. Its agents also offer buyer broker compensation.

Real Estate 415

Real Estate Sellers Realtors Real Estate Agent 415

Housing Wire

FEBRUARY 12, 2024

District Court in Utah, accusing real estate industry players of colluding to artificially inflate real estate agent commissions. 9, 2020, and the present, and paid a buyer broker commission. Despite being listed in the suit, the four MLSs are not listed as defendants. “We

Real Estate 426

Real Estate Real Estate Agent Realtors Buyers 426

Housing Wire

DECEMBER 20, 2023

The National Association of Realtors , Keller Williams and HomeServices of America , have asked judge Andrea Wood to rule on the suit based on the evidence that has been presented during the discovery period of the proceedings. After almost five years of litigation, it is clear that Keller Williams Realty, Inc.

Real Estate 362

Real Estate Sellers Realtors Brokerage 362

Hank Miller Team

NOVEMBER 16, 2022

Here’s a fun fact, real estate agents in GA have no fiduciary responsibility to their client or customer. Being a fiduciary thus requires being bound both legally and ethically to act in the other's best interests. Are Real Estate Agents in GA Fiduciaries? Some may ask, “what does that mean”?

Real Estate Agent 52

Real Estate Agent Real Estate Agents Clients 52

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

NOVEMBER 1, 2023

The new lawsuit, known as Gibson after its lead plaintiff, accuses the National Association of Realtors , Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman , of conspiring to inflate real estate agent commissions. How big could this case be?

Real Estate 409

Real Estate Brokerage Sellers Law 409

Housing Wire

JANUARY 11, 2024

District Court in New York by Robert Friedman, a resident of Brooklyn who sold a property in Park Slope in May 2021 with the help of a Douglas Elliman agent. 29, 2019, to the present. The suit was filed in late December in U.S. A spokesperson for REBNY wrote in an email that the group was still reviewing the complaint.

Real Estate 404

Real Estate Sellers Real Estate Agent Agents 404

Housing Wire

JANUARY 9, 2024

Like the other copycat commission lawsuits, the plaintiff James Tuccori, an Illinois resident who purchased a home listed on the local MLS in 2018 with the help of an @properties agent, is accusing real estate industry players of colluding to artificially inflate real estate agent commissions.

Property Management 386

Property Management Real Estate Agents Brokerage 386

Housing Wire

DECEMBER 15, 2023

A copycat commission lawsuit filed on Thursday by home sellers in the United States District Court for the Eastern District of Texas, accuses 47 real estate industry defendants of allegedly conspiring to artificially inflate real estate agent commissions.

Real Estate 464

Real Estate Realtors Realty Real Estate Agent 464

Housing Wire

APRIL 28, 2022

Residential real estate brokerages will not do as well in 2022 as they did in 2021, but let’s not get carried away. billion in quarterly revenue, but the vast majority of that is from home sale commissions, which largely are returned to the company’s independent contractor real estate agents.

Mortgage 359

Mortgage Brokerage Agents Real Estate Agent 359

Housing Wire

MARCH 25, 2024

Remain calm, trust that you are in the right place and go sell real estate,” Wendi Harrelson, the president of Keller Williams Realty International -owned regions, said during the presentation on Monday. Cooperative compensation is still legal,” Papasan stressed. The executives said they received more than 150 questions.

Agents 411

Agents Advertising Real Estate Buyers 411

Housing Wire

DECEMBER 6, 2023

Plaintiffs in Florida and Pennsylvania filed lawsuits on Monday, accusing real estate industry players of allegedly colluding to artificially inflate real estate agent commissions. 4, 2019 and the present. More home sellers on the East Coast are getting in on the commission lawsuit action.

Realty 422

Realty Realtors Brokerage Real Estate 422

Housing Wire

JANUARY 19, 2024

the copycat suit alleges that real estate industry players have colluded to artificially inflate real estate agent commissions. Brokerages RE/MAX , Anywhere , Keller Williams , eXp World Holdings , NorCal Gold , Williams L. Lyon & Associates , Guide Real Estate , Paul M.

Realtors 364

Realtors Real Estate Real Estate Agent Buyers 364

Housing Wire

OCTOBER 23, 2023

A judgment as a matter of law is permissible if there is no legally sufficient basis for a reasonable jury to find for the nonmoving party (in this instance, the plaintiffs) on the issue. The day started with video depositions of four real estate brokerage executives. million real estate licensees in the U.S.,

Law 419

Law Agents Realtors Contracts 419

Housing Wire

FEBRUARY 14, 2022

Redfin is a publicly traded company, a nationally recognized listings website and one of the biggest brokerages in the country. But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. million members are independent contractors.

Business 369

Business Brokerage Real Estate Agent Agents 369

Housing Wire

DECEMBER 12, 2023

District Court for Northern California, accusing the real estate industry of colluding to artificially inflate real estate agent commissions. 8, 2019, and the present. Of the brokerage defendants, eXp and Keller Williams were the only firms to comment on the new suit.

Realtors 439

Realtors Sellers Buyers Real Estate 439

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. I think listing agents are going to win. Fannie Mae, Freddie Mac and the U.S.

Buyers 389

Buyers Agents Loan Officers Real Estate 389

Housing Wire

NOVEMBER 3, 2023

Because the larger brokerage firms, historically, tend to represent more buy side than sell side, they “may be looking at a big loss of revenue,” says Murray. “You must train all of your agents as to how you’re going to get compensated,” said Murray. “He got up to 20% to 30%, as I recall.”

Real Estate 310

Real Estate Brokerage Buyers Property Management 310

Housing Wire

DECEMBER 26, 2023

You’ll need to complete 75 hours of prelicensing classes to get licensed as a real estate agent in North Carolina. We’ve done the research for you, evaluating the many courses available to pinpoint the best real estate schools in North Carolina to help you pass the state exam and set you up for early career success.

Real Estate 390

Real Estate Real Estate Agent Design Law 390

CA Realty Training

JUNE 28, 2021

Explain to your sellers how their property should be presentable for their prospects. . Other Real Estate Agents. If you are working with a brokerage, advertise there. This way, you’re already selling the property to other agents as well as their sphere. . The Interior of the House. Tip #5: Negotiate.

Real Estate Agent 36

Real Estate Agent Real Estate Agents Advertising 36

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State.

Real Estate 383

Real Estate Real Estate Agent Agents Brokerage 383

Housing Wire

DECEMBER 29, 2021

Each year RealTrends releases its list of the highest performing real estate agents in the country, and, like clockwork, Ben Caballero of Dallas-based HomesUSA tops the list. And are these numbers for real? So that those agents will bring their buyer to the builder. Ben Caballero.

Realtors 339

Realtors Real Estate Agent Agents Real Estate 339

Housing Wire

FEBRUARY 9, 2021

How to Diversify Your Brokerage to Weather Economic Hardship. Diversification is one approach brokerages can adopt to help ensure stability in unavoidable times of uncertainty, work to protect their revenue and – ultimately – financially weatherproof their business. Presented by: Motto Mortgage. Solve for adoption.

Real Estate 464

Real Estate Agents Technology Sellers 464

Raleigh Realty

MARCH 23, 2021

The founder of forsalebyowner.com used a Real Estate Agent to sell his home after trying to sell it himself and failing to do so - imagine that. There are pros and cons to going the for sale by owner route, but it is strongly advised to work with a trusted real estate agent throughout the process.

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133

McKissock

SEPTEMBER 20, 2021

Real estate risk management is an important concern for agents. Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. Article 13 prevents a Realtor® from practicing law or recommending a lawyer to any party requiring legal counsel.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Housing Wire

DECEMBER 23, 2021

Real estate agents in New York City — and across the country — are cheering for Florance. StreetEasy has been biting the hand that feeds it for too long,” said Frederick Peters, CEO of New York City brokerage Warburg Realty. But The Real Deal article also reported that in 2011 three of the biggest U.S.

Brokerage 357

Brokerage Agents Real Estate Real Estate Agent 357

McKissock

AUGUST 5, 2020

According to RISMedia , in 2015, the vast majority of FSBOs who couldn’t sell their homes on their own eventually listed with real estate brokerages. Agent Marketing claims that working with FSBOs attracts more listings and buyer leads. The house was not listed with his brokerage. Why work with FSBOs?

Advertising 95

Advertising Realtors Real Estate Agents 95