Housing Wire

SEPTEMBER 7, 2023

Probably about 60 to 70% of our business comes from referrals from our previous clients,” Chris Gallo, a top producing LO in New Jersey, said. Attorneys, Realtors and clients are a big part of our repeat business.”

Buyers 380

Buyers Agents Loan Officers Real Estate 380

Housing Wire

DECEMBER 12, 2023

8, 2019, and the present. Like the other commission lawsuits, the Grace suit takes aim at NAR’s Participation Rule, which requires listing agents to make a blanket offer of compensation to the buyer’s broker in order to list the property on the MLS. The National Association of REALTORS will respond to this complaint in court.”

Realtors 431

Realtors Sellers Buyers Real Estate 431

Housing Wire

FEBRUARY 12, 2024

9, 2020, and the present, and paid a buyer broker commission. The complaint argues that NAR’s Participation Rule, which requires listing brokers to make a blanket offer of compensation to buyer’s brokers in order to list a property on a Realtor affiliated MLS, is the “cornerstone of [the] defendants’ conspiracy.” “If

Real Estate 414

Real Estate Real Estate Agent Realtors Buyers 414

Housing Wire

NOVEMBER 14, 2023

At the center of the plaintiffs’ complaint is the National Association of Realtors’ Clear Cooperation policy, which requires listing brokers to make a blanket offer of compensation to buyers’ brokers in order to list the property on the MLS. “In This would lead to competition among buyer brokers to offer lower commission rates.

Real Estate 403

Real Estate Realtors Realty Buyers 403

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. Seller concessions is money that is being given by the seller directly to the buyer,” Papasan said.

Agents 391

Agents Advertising Real Estate Buyers 391

Housing Wire

NOVEMBER 8, 2023

Known as Batton 2, after the lead plaintiff Mya Batton, the lawsuit accuses Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman of conspiring to artificially inflate agent commissions, resulting in elevated home-buying costs.

Real Estate 421

Real Estate Realtors Sellers Agents 421

Housing Wire

APRIL 15, 2024

When asked about the language they use to discuss how buyer and seller agent commissions are paid, some of the most common responses included stressing that commissions are and always have been negotiable, and that if the National Association of Realtors’ settlement is approved, some practices may change, but many things are currently unknown.

Inventory 376

Inventory Agents Real Estate Sellers 376

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. Better buyer and seller presentations to break down payment to a more granular level,” was one agent’s response. Always will too,” one wrote.

Agents 345

Agents Realtors Clients Real Estate Agent 345

Housing Wire

NOVEMBER 9, 2023

In her first video appearance since the jury verdict in the Sitzer/Burnett commission lawsuit , National Association of Realtors president Tracy Kasper told NAR members that she shares their disappointment in the decision. As she has stated previously, NAR plans to appeal the verdict and that Sitzer/Burnett saga is far from over.

Agents 404

Agents Legal Sellers Clients 404

Housing Wire

FEBRUARY 1, 2023

While mortgage rates have been trending lower, rates are still higher than 12 months ago, but some experts anticipate that the downward pressure on rates will provide opportunities for buyers. Rising interest rates and elevated mortgage rates present another homeownership hurdle for the current renter pool,” Barry said.

Buyers 366

Buyers Mortgage Landlords Law 366

Housing Wire

OCTOBER 23, 2023

KANSAS CITY, Missouri — The second week of the Sitzer/Burnett class-action buyer broker commission antitrust lawsuit kicked off with a bang. In the motion, HomeServices claimed that no evidence has been presented to show they conspired with the National Association of Realtors (NAR) and other brokerages on rules for commissions.

Law 410

Law Agents Realtors Contracts 410

Housing Wire

SEPTEMBER 30, 2022

Presented by: FormFree. An LO in the Miami, Florida area told HousingWire that on a $400,000 home purchase, with 5% down, a 700 FICO score, his clients are being quoted 7% for conventional loans and 6.125% on FHA and VA mortgages. Meanwhile, the 30-year fixed-rate jumbo was at 6.294% Wednesday, up from 5.821% the week prior.

Buyers 449

Buyers Mortgage Loan Officers Retail 449

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 337

Real Estate Sellers Realtors Brokerage 337

Housing Wire

NOVEMBER 1, 2023

Just hours after securing a victory for his home seller clients in the landmark Sitzer/Burnett commission lawsuit, Michael Ketchmark, the lead attorney for the plaintiffs, filed another class action antitrust lawsuit against some of the real estate industry’s biggest players, in U.S. District Court for Western Missouri. Who’s named?

Real Estate 399

Real Estate Brokerage Sellers Law 399

Housing Wire

DECEMBER 6, 2023

Similar to the other commission lawsuits, the latest two take aim at the National Association of Realtors’ Participation Rule, which requires the listing broker to make a blanket offer of compensation to the buyer’s broker to list the property on the MLS. 4, 2019 and the present. Both lawsuits are seeking class-action status.

Realty 418

Realty Realtors Brokerage Real Estate 418

Housing Wire

JANUARY 10, 2024

As we come out of the holidays, we’re cleaning up, throwing out tired-looking decorations and looking for a place for presents in the closets or cabinets. However, if you’re like many Americans, you’re probably planning to take at least some of those presents back to the store for a refund or exchange.

Real Estate 333

Real Estate Clients Retail Client Relationships 333

Housing Wire

OCTOBER 3, 2023

Compound that with the many sexual harassment and incompetency claims recently leveled against the National Association of Realtors (NAR) , and the confusion is understandable. Meaning, they were counting on buyer agent compensation to pay their bills. How, then, will a buyer agent get paid? But you do so at your own risk.

Agents 379

Agents Buyers Training Law 379

Lamacchia Realty

MAY 7, 2024

has released its “Top Producing REALTORS®,” for April 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Mary Wood is an award-winning REALTOR® based in MetroWest closing 50-60 sales annually.

Realtors 72

Realtors Realty Real Estate Clients 72

Housing Wire

OCTOBER 31, 2023

He is a 20-year member of the National Association of Realtors and has served on his local Realtor association’s board of directors, budget committee, grievance committee, professional standards committee and scholarship committee. Conceivably bypassing buyer agents altogether. So, what will be the outcome? Look around.

Real Estate 394

Real Estate Realtors Agents Buyers 394

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

Real Estate Agent 377

Real Estate Agent Real Estate Agents Clients 377

Housing Wire

SEPTEMBER 15, 2023

Our way of honoring first responders is by educating our podcast listeners, readers and coaching clients in the real estate industry about how to help those who helped all of us and are still being of service every day. Listen to all of these really great mortgage programs (most agents and buyers don’t know about these!)

Real Estate 395

Real Estate Government Law Buyers 395

Housing Wire

MARCH 20, 2024

Friday’s bombshell – the National Association of Realtors ‘ proposed $418 million settlement of real estate commission lawsuits – set off a frenzy of trading for stocks in the residential real estate sector. That may be a slightly rosy framing of buyer agents’ impact on ZIllow’s revenues.

Investors 398

Investors Agents Real Estate Buyers 398

Lamacchia Realty

JANUARY 29, 2024

The Award for Most Acquired Clients is presented to the REALTOR® who signed up the most buyers and/or sellers in the company during a given year. Eileen earned this recognition by signing up an impressive 86 clients in 2023! I have no doubt that they all will see success with Eileen as their Realtor!”

Clients 53

Clients Realtors Realty Real Estate 53

Appraisal Buzz

APRIL 30, 2024

With the downturn in home sales, the challenges are multifaceted: Homeowners are holding onto low-interest rate mortgages instead of moving up, investors edging out traditional buyers with cash offers and first-time homebuyers facing steep affordability hurdles and bidding wars. That presents a unique challenge as well as an opportunity.

Marketing 195

Marketing Real Estate Agent Renovations Buyers 195

Lamacchia Realty

FEBRUARY 6, 2024

has released its “Top Producing REALTORS®,” for January 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by the office with the highest transaction numbers or sales for the month! To round out the year, Eileen took home the award for Most Acquired Clients companywide.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

NOVEMBER 17, 2023

As expected, the plaintiffs are in opposition to HomeServices’ motion, stating that HomeServices’ claim that the “Plaintiffs have no evidence of conspiracy as to any HSD to create, implement, or enforce the [Buyer-Broker Commission] Rule” is untrue.

Training 357

Training Realtors Agents Real Estate 357

Housing Wire

OCTOBER 18, 2023

The second day of the trial for the Sitzer/Burnett bombshell class action buyer broker commission class action lawsuit included plenty of insights into how the plaintiffs are approaching what is expected to be a battle royal. Keller also added that the presentation was about the flow of money and “not a conversation about what you charge.”

Agents 414

Agents Training Real Estate Real Estate Agent 414

Lamacchia Realty

MARCH 7, 2024

has released its “Top Producing REALTORS®,” for February 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lisa Gray is an experienced REALTOR® working out of the Salem, NH office and is licensed in MA, NH, and ME!

Realtors 72

Realtors Realty Real Estate Clients 72

Housing Wire

MARCH 18, 2024

In the 24 hours after news broke of the National Association of Realtors’ (NAR) settlement agreement in the commission lawsuits , Doug Danzey, the leader of the eXp Realty -brokered teamerage The Cobalt Group , said the most pervasive emotion among his agents has been panic. “I More off-MLS listings?

Brokerage 396

Brokerage Real Estate Agents Sellers 396

Lamacchia Realty

NOVEMBER 3, 2023

has released its “Top Producing REALTORS®,” for October 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Carolyn wants to help as many buyers and sellers achieve their goals as possible. Lamacchia Realty, Inc.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

OCTOBER 6, 2023

After roughly a month of speculation, Anywhere Real Estate and RE/MAX made the terms of their proposed settlement agreements in the Moehrl and Sitzer/Burnett buyer broker compensation class action suits public on Friday. In addition to the already publicized $83.5 In addition to the already publicized $83.5 In the Sept.

Agents 365

Agents Brokerage Realtors Real Estate 365

Housing Wire

OCTOBER 26, 2023

After filing a motion for a mistrial Wednesday morning, citing several grievances including “vulgar” footage from a Tom Ferry podcast featuring Allan Dalton and references to the Department of Justice’s investigation of the National Association of Realtors (NAR), defendant HomeServices of America learned it didn’t get its way.

Buyers 369

Buyers Sellers Agents Law 369

Lamacchia Realty

MAY 5, 2023

has released its “Top Producing REALTORS®,” for April 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Martin Award , a honor presented annually to an agent who embodies kindness and compassion every day.

Realtors 74

Realtors Realty Clients Real Estate 74

Lamacchia Realty

OCTOBER 11, 2023

has released its “Top Producing REALTORS®,” for September 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Amy values the relationships she builds with her clients and genuinely enjoys truly getting to know them!

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

FEBRUARY 22, 2024

Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers. Employing targeted marketing strategies is equally vital to optimize exposure to potential buyers, minimize days on the market, and maximize the final sales price.

Business 350

Business Marketing Real Estate Legal 350

Lamacchia Realty

JANUARY 11, 2024

has released their “Top Producing REALTORS®,” for all of 2023! This program recognizes the Top 10 REALTORS® out of the over 500 agents in Lamacchia Realty by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the year! Cyndi thrives to make her buyers and sellers her top priority.

Realtors 66

Realtors Realty Real Estate Agents 66

Lamacchia Realty

SEPTEMBER 7, 2023

has released its “Top Producing REALTORS®,” for August 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Since then, she has taken off running and has helped her buyers and sellers reach their goals.

Realty 74

Realty Realtors Real Estate Clients 74