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 365

Real Estate Agent Real Estate Agents Brokerage 365

Housing Wire

APRIL 16, 2024

Take, for example, Miami-based proptech firm Realfinity , which aims to challenge the status quo with a new business venture. The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing.

Real Estate Agent 401

Real Estate Agent Loan Officers Real Estate Agents 401

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Mortgage lending work is only one type of business where appraisals are needed. Appraisals are often required for divorce and marriage dissolutions, probate work, and estate and financial planning. Real estate agents also need appraisals for properties that may be more difficult to price. So what can we do?

Business 393

Business Appraisal Real Estate Agent Clients 393

Housing Wire

APRIL 23, 2024

The rule is designed to “[protect] the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation,” the FTC said in its announcement of the rule. The FTC claims that doing away with noncompetes will help more entrepreneurs to create more businesses, resulting in 2.7% labor force.

Real Estate Agent 388

Real Estate Agent Loan Officers Lending Real Estate 388

Housing Wire

FEBRUARY 14, 2022

But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. These employee agents are exceedingly more productive than the average independent contractor agent. million real estate agents. A profitable division.

Business 360

Business Brokerage Real Estate Agent Agents 360

Housing Wire

OCTOBER 27, 2023

the National Association of Realtors (NAR), et al kicked off this week in a Kansas City, Missouri, federal courtroom, there is a lot at stake for consumers and business competition. Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules.

Real Estate Agent 455

Real Estate Agent Real Estate Realtors Buyers 455

Hank Miller Team

JANUARY 16, 2023

Prices and inventory of course, but the massive influx of "hobby agents" over this period was a lesser covered negative result. The number of real estate agents soared to record highs, as did buyer remorse and complaints. The agent is interested in a double commission. That’s not a given so keep a file.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Sellers 98

Housing Wire

NOVEMBER 9, 2023

So, the fact that we are now seeing things further in the process come down to agents and brokers — I was not entirely surprised by that.” In addition to the DOJ, real estate agent commissions may have caught the eye of yet another government agency. Solicitor General Paul Clement to its legal team. “I

Legal 337

Legal Real Estate Real Estate Agent Law 337

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. This change will not affect agents that retire or leave the real estate brokerage business.

Brokerage 488

Brokerage Legal Agents Realty 488

Housing Wire

MARCH 15, 2024

You should be finding buyers before real estate agents anyway.” NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents. Kortas believes that good buy-side agents will remain highly relevant and garner more business as competitors wash out.

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Buyers Agents Mortgage Real Estate Agent 498

The Robert Weiler Company

DECEMBER 9, 2022

When you think of the terms commercial real estate agent, broker, or realtor, do you use them interchangeably? We often give a name to someone who helps clients buy or sell commercial real estate without considering each unique position, their responsibilities, education, certification or licensing, and expertise.

Real Estate Agent 78

Real Estate Agent Realtors Real Estate Agents 78

Housing Wire

DECEMBER 1, 2023

In the face of a copycat commission lawsuit , the Real Estate Board of New York has vowed to fight. In an email blast sent to REBNY members, the New York City real estate agent trade group said it would “vigorously defend the litigation.” The work you do as agents and brokers moves New York City forward.

Real Estate Agent 345

Real Estate Agent Real Estate Agents Brokerage 345

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 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. While they’re busy worrying, you should be busy working. This is your moment.

Real Estate 286

Real Estate Real Estate Agent Loan Officers Clients 286

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 351

Real Estate Real Estate Agent Agents Brokerage 351

Housing Wire

NOVEMBER 5, 2023

Through consistent and strategic prospecting, agents can create a steady flow of leads, ensuring continuous business opportunities. The objective is to build relationships, understand the needs of potential clients, and position yourself as a go-to resource when they are ready to buy or sell real estate.

Real Estate 387

Real Estate Tools Real Estate Agent Open Houses 387

Housing Wire

AUGUST 6, 2021

will pay a $1 million fine for improper benefits given to California real estate agents. The company also agreed to pay $185,000 to cover the department’s legal and investigative costs. California prohibits title agents from providing perks to real estate agents as business inducements.

Agents 424

Agents Real Estate Agent Insurance Real Estate 424

Housing Wire

OCTOBER 10, 2023

That’s because real estate agents and loan officers are in survival mode and desperate to close new business. For lenders and brokerages, the risks of LOs or agents overstepping are high. This should be part of the cost of your doing business – compliance and risk monitoring for these types of things.

Real Estate Agent 402

Real Estate Agent Loan Officers Real Estate Agents 402

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.

Sellers 374

Sellers Brokerage Real Estate Realtors 374

Housing Wire

DECEMBER 18, 2023

The Federal Communications Commission (FCC) last week released a new order amending its “express consent” rules for the Telephone Consumer Protection Act (TCPA), which closes the “lead generator loophole” used by mortgage professionals to connect with potential business leads. We now have a time clock of about six months.

Mortgage 382

Mortgage Business Legal Real Estate 382

Housing Wire

MARCH 11, 2022

According to the legal filings , Barber’s alleged goal was to take real estate “prospects and leads assigned to other brokers” for “his own personal benefit” and that of the other defendants, Darcy Varney and eXp Realty. and 5:30 a.m. accessing “password-protected” company computers to steal client data.

Real Estate 309

Real Estate Realty Real Estate Agent Legal 309

Housing Wire

DECEMBER 26, 2023

From Ann Arbor to Grand Rapids and Birmingham, MI, we’ve done extensive research to find the leading real estate classes in Michigan to help make your new career a reality. Becoming a Michigan real estate agent is an excellent career choice for anyone who wants flexible working hours and high earning potential.

Real Estate 366

Real Estate Real Estate Agent Design Legal 366

Housing Wire

DECEMBER 1, 2023

With thorough exam prep materials, and dedicated customer support, The CE Shop is the ideal choice for any prospective or licensed real estate agent in Texas. Student Support: Instructors are available by phone on business days or by email. out of 5 stars Rating: 3.5

Real Estate 345

Real Estate Real Estate Agent Agents Legal 345

Housing Wire

MARCH 11, 2022

In a brightly lit men’s restroom Friday afternoon, adjacent to where the inaugural Crypto & Real Estate Summit was convening, one conference attendee asked another, “Are you a real estate agent?”. Real estate agents, on the other hand, would benefit from blockchain transactions, the company has claimed.

Real Estate 339

Real Estate Real Estate Agent Agents Insurance 339

Housing Wire

DECEMBER 8, 2023

Are you looking to get licensed as a real estate agent in Arizona? We’ve reviewed all the key information to determine the best Arizona real estate schools to help you get licensed quickly and efficiently with a state-approved, online program at an Arizona real estate school. out of 5 stars Rating: 4.5

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Real Estate Contracts Law Real Estate Agent 320

Housing Wire

JANUARY 8, 2024

We are currently evaluating the substance of the motion and the best manner for HomeServices to continue to protect those we represent and defend our position in the appropriate legal forums,” the statement continued.

Real Estate 312

Real Estate Realty Real Estate Agent Legal 312

Housing Wire

JUNE 10, 2021

The ruling suggested that REX, a six-year-old brokerage based in Austin, Texas, is balancing telling the court that Zillow’s business practices are seriously hurting the brokerage, while still operating said business. Like Redfin , REX’s real estate agents are salaried employees.

Real Estate Agent 349

Real Estate Agent Brokerage Real Estate Agents 349

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 359

Real Estate Real Estate Agent Brokerage Agents 359

Housing Wire

OCTOBER 22, 2021

And yet, in a complete breach of commitment and legal precedent, the DOJ backed out of an agreement with the National Association of Realtors (NAR) that would more explicitly state the spirit and intent of NAR’s Code of Ethics and MLS guidelines in some key areas. This is about giving small businesses a fair chance to earn a living.

Real Estate 338

Real Estate Real Estate Agent Realtors Legal 338

Housing Wire

MARCH 28, 2024

Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?”

HOA 408

HOA Property Management Real Estate Agent Technology 408

Housing Wire

JANUARY 11, 2021

Rocket Homes Real Estate , a real estate affiliate of Rocket Companies , is being investigated by the Consumer Financial Protection Bureau (CFPB) for possibly violating the Real Estate Settlement Procedures Act (RESPA) when it charged fees for referring Quicken’s mortgage clients to real estate agents, according to officials.

Real Estate Agent 379

Real Estate Agent Real Estate Brokerage Law 379

Housing Wire

APRIL 8, 2024

In a press release , the brokerage noted that the settlement “does not constitute an admission of liability by Real, nor does it concede or validate any of the claims asserted in the litigation.”

Brokerage 344

Brokerage Real Estate Agent Real Estate Clients 344

Appraisal Today

JULY 29, 2022

57 Weird Real Estate Agent Photos. Excerpt: Yes, many great real estate photos really capture the house. More Terrible Real Estate Agent Photos for Appraisers. Appraisal Business Tips . In 1986, when rates dropped, the few appraisers left were very busy. Humor for Appraisers.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

NOVEMBER 22, 2023

Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?” in question.

HOA 395

HOA Real Estate Agent Technology Real Estate 395

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Housing Wire

MAY 3, 2021

Compass defrauded its real estate agents out of millions of dollars in sales commissions and broke pledges to give agents shares of stock, according to a new lawsuit that seeks class-action status. Messages left with Compass were not returned. Compass has faced multiple lawsuits in its eight-year-old history.

Agents 393

Agents Brokerage Real Estate Agent Real Estate 393

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 357

Real Estate Real Estate Agent Design Law 357