Housing Wire

MAY 6, 2021

The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire Senior Real Estate Reporter Matthew Blake answered questions about his three-part HW+ series on the past , present , and future of real estate commissions. I didn’t know about this history.

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Real Estate Real Estate Agent Agents Legal 430

Housing Wire

FEBRUARY 14, 2024

The power of branding in real estate In the real estate world, there’s a prevailing belief that “You are the brand” as an agent. I still own the national trademark for The Address , which was the name of my first independent brokerage. It could apply to the real estate industry, mortgage, or design.

Real Estate Agent 441

Real Estate Agent Real Estate Agents Brokerage 441

Housing Wire

AUGUST 11, 2021

Such are the ambitions of an array of companies today including Zillow and real estate brokerage Compass. But Rocket’s announcement provides a couple of specific ways it wants to cut into the real estate market and challenge traditional agents. Presented by: Rocket Pro TPO. of the sales price.

Real Estate 430

Real Estate Brokerage Real Estate Agent Agents 430

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.

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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.

Brokerage 441

Brokerage Agents Real Estate Realty 441

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.

Real Estate 403

Real Estate Brokerage Lending Mortgage 403

Housing Wire

SEPTEMBER 4, 2024

MoxiWorks users will also have access to the upgraded MoxiPresent, a presentation builder, which the company said agents can use to create buyer presentations and plan buyer tours. 80% of real estate agents are buyer-centric,” MoxiWorks CEO Eric Elfman said in a statement.

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Agents Advertising Real Estate Agent Real Estate 417

Housing Wire

MAY 16, 2024

Property documents offer real estate agents and their clients crucial insights; however, they are often long, full of legalese, and poorly formatted, making them extremely tedious to review and understand,” James Rogers, co-founder and CEO of RealReports, said in a statement.

Real Estate Agent 449

Real Estate Agent Real Estate Brokerage Sellers 449

Housing Wire

JULY 2, 2024

The Arizona Regional Multiple Listing Service (ARMLS) announced a partnership with Lone Wolf Technologies that will give ARMLS subscribers access to a tool designed to give agents information to guide their clients through an uncertain market. ” This isn’t Lone Wolf’s first partnership with an MLS this year.

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Technology Real Estate Agent Real Estate Tools 414

Housing Wire

AUGUST 3, 2023

Kofi Nartey, a top real estate broker with a client list of celebrities and prominent athletes, has joined The Real Brokerage as a national growth leader. In his new position, he will help build visibility for the brand, attract more agents as well as drive agent’s performance through coaching and development. “I

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Brokerage Real Estate Agents Development 370

Housing Wire

JULY 10, 2024

Brokerages know that the recruitment of real estate agents and teams is always competitive, and some have found it even more so in the wake of the National Association of Realtors ’ settlement that’s prompted agents to reevaluate their businesses. But SERHANT. But SERHANT. And that’s by making a hit Netflix show.

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Brokerage Agents Real Estate Agent Real Estate 439

Housing Wire

SEPTEMBER 10, 2024

This substantial reduction in inventory has intensified competition among Chicago’s more than 15,000 licensed real estate agents, making it increasingly challenging to secure listings and clients. It should come as no surprise that the top real estate agents continue to command a significant portion of the market.

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Real Estate Agents Real Estate Agent Sellers 428

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. 16, 2020, and the present. The copycat commission lawsuit was filed on Friday in U.S.

Real Estate 451

Real Estate Realtors Realty Brokerage 451

Housing Wire

APRIL 28, 2021

In 2002, Natalya Delcoure and Norman Miller, two real estate economists, set about to learn what fees consumers pay real estate agents in America. They were especially interested in real estate commissions. On average 6% of the proceeds from each home sale went to the participating real estate agents.

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Real Estate Real Estate Agent Agents Brokerage 416

Housing Wire

OCTOBER 23, 2023

We usually represent the sell side of the deal and work with firms that range in size from small, one-office, 10-agent shops to the largest in the nation. Scott Wright is a partner with RTC Consulting , a real estate brokerage valuation and M&A consulting firm. Clean data vs. dirty data So what data should be clean?

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Real Estate Brokerage Valuation Contracts 429

Housing Wire

JULY 30, 2024

At the new Homes.com , we always present the listing agent and only the listing agent on any home for sale on our site. Our philosophy is that the leads on an agent’s listings are theirs and clearly not anyone else’s to pilfer and sell. The most important asset an agent has is their reputation.

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Agents Real Estate Agent Real Estate Buyers 453

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.

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Realtors Brokerage Real Estate Realty 533

Housing Wire

MARCH 18, 2024

We’ve really been laying out the road map for value propositions and creating plans for value proposition presentations. That would make it harder for agents to find all of the available properties for buyers and accurately price listings for sellers. “It “We’ve spent the last six months wrapping our heads around it all,” Smith said.

Brokerage 430

Brokerage Real Estate Agents Sellers 430

Housing Wire

OCTOBER 7, 2024

Under now-bankrupt brokerage MV Realty’s right-to-list agreement — which it calls a Homeowner Benefit Agreement (HBA) — a homeowner signs over the right to list their home for the next 40 years to MV Realty in exchange for a cash payment. MV Realty previously operated in 33 states and had more than 500 real estate agents.

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Realty Contracts Legal Brokerage 430

Housing Wire

MAY 3, 2024

The product is marketed toward real estate agents to help them build trust and credibility with their clients, a joint news release states. “In Agents use RealReports for buyer and listing presentations, offer diligence, lead generation at their open houses, touchpoints with previous clients, and more.”

Real Estate Agent 441

Real Estate Agent Real Estate Open Houses Clients 441

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 441

Real Estate Real Estate Agent Brokerage Agents 441

Appraisal Buzz

SEPTEMBER 23, 2024

With the 2024 Five Star Conference officially kicking off Tuesday at the Omni Hotel in Dallas , attendees got a jump-start on the festivities Monday by taking advantage of an array of educational opportunities presented by the Five Star Institut e. Tuesday morning will bring the Legal League Default Servicer Certification: Level I course.

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Housing Wire

AUGUST 26, 2024

The latest complaint, which is seeking class-action status, was filed on Friday by eight real estate agents in Los Angeles County Superior Court. which, according to the complaints, are all wholly owned subsidiaries of Move and News Corp , who is also a defendant — defrauded agents by selling them fake leads.

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Real Estate Agent Real Estate Law Agents 509

Housing Wire

OCTOBER 23, 2024

It includes items we feel are essential to an effective listing presentation. This is to help you remember your presentation and have paper on hand for taking notes. All the contracts, disclosures, and paperwork your lead will need to sign to hire you as their listing agent. Your listing packet, printed or electronic.

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Agents Real Estate Sellers Real Estate Agent 416

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 460

Real Estate Real Estate Agent Sellers Realty 460

Housing Wire

OCTOBER 21, 2024

Despite the rule’s long history, real estate executives have been taking strong stances on the policy in recent weeks. On one side are brokerage leaders like The Agency founder Mauricio Umansky , who are firmly against CCP. “I He agrees with Klein that brokerage motivations for ending CCP are self-serving.

Brokerage 430

Brokerage Real Estate Sellers Agents 430

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 475

Realty Realtors Real Estate Real Estate Agent 475

Housing Wire

JULY 17, 2023

According to Matterport, 360 interactive virtual tour integration in real estate listings increases the likelihood of homebuyers reaching out to agents by a significant 95%. Moreover, properties featuring 3D tours spend less time on the market — typically around one-third less time — and agents can secure higher selling prices.

Real Estate 365

Real Estate Technology Business Real Estate Agent 365

Housing Wire

MARCH 26, 2024

Three agents formerly affiliated with Keller Williams Realty — Jerri L. Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. But that policy did not impact agents who joined before April 1, 2020. Moulder, David L.

Brokerage 506

Brokerage Legal Agents Realty 506

Housing Wire

NOVEMBER 29, 2023

A common thought among brokers revolves around the idea that if your gross commission income or office size is not increasing, you’re not successfully growing your brokerage. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

Agents 451

Agents Brokerage Training Real Estate 451

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 441

Real Estate Sellers Real Estate Agent Realtors 441

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.

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Buyers Agents Mortgage Real Estate Agent 509

Housing Wire

MAY 29, 2024

In 2020, real estate industry veteran Rainy Hake Austin took her decades of experience to The Agency , where she currently serves as president of the Beverly Hills, California-based brokerage firm. Han: What are you doing to help your agents identify and articulate their value proposition?

Agents 426

Agents Real Estate Agent Real Estate Clients 426

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. The average real estate agent is probably an expert at Tik Tok.”.

Real Estate 451

Real Estate Real Estate Agent Legal Agents 451

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.

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Real Estate Real Estate Agent Loan Officers Clients 339

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 429

Real Estate Sellers Realtors Real Estate Agent 429

Housing Wire

OCTOBER 18, 2023

Keller also added that the presentation was about the flow of money and “not a conversation about what you charge.” Ketchmark also brought up Keller’s book “The Millionaire Real Estate Agent,” which discusses the ‘co-opetition’ model that has evolved among rival brokerages. What kind of conspiracy is out in public?

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Training Agents Real Estate Real Estate Agent 441