Housing Wire

MARCH 5, 2024

Howard Hanna Real Estate declined to comment on the development. While the suit pertains to homebuyers and not sellers, the issue of real estate agent compensation is central to the suit. The Batton II suit is the second lawsuit filed by this group of homebuyers. In her ruling Wood $5.36

Real Estate 366

Real Estate Real Estate Agent Sellers Realtors 366

Housing Wire

NOVEMBER 7, 2023

Mortgage professionals voiced their concerns of the potential ripple effects that might have on those cash-strapped buyers, depending on the results of the commission lawsuits. “It It was through seller incentives that loan originator Ryan Grant helped his FHA borrower buy down 3.5 points from the 7.5%

Agents 443

Agents Sellers Buyers Finance 443

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 456

Real Estate Agent Real Estate Realtors Buyers 456

Housing Wire

JUNE 4, 2024

As someone who is invested in this industry, I see this development not as a failure of one company, but as a testament to the ongoing evolution and diversification within the real estate industry. I pondered how they could offer the assistance that buyers and sellers required at such competitive rates.

Real Estate 323

Real Estate Brokerage Clients Realtors 323

Housing Wire

OCTOBER 14, 2020

In time for National Hispanic Heritage Month, the National Association of Realtors has launched ‘NAR en Español,’ a Spanish language subsite to the association’s main webpage. Since 2018, the NAR en Español initiative has helped Spanish-speaking Realtors leverage networking and additional sources, the association said.

Realtors 441

Realtors Real Estate Sellers Development 441

Lamacchia Realty

MARCH 21, 2024

March 20, 2024 – Anthony Lamacchia was recently featured in Bloomberg Government regarding the National Association of REALTORS® Buyer Commission lawsuit. Anthony continues to advocate for REALTORS® and home buyers and sellers alike by speaking out.

Government 49

Government Realtors Buyers Realty 49

Housing Wire

NOVEMBER 16, 2023

We learned about it from NAR long after it started,” Florance said in an interview with HousingWire at the National Association of Realtors NXT convention in Anaheim on Wednesday. Unlike other home-search portals, Homes.com doesn’t sell homebuyer leads to buyer’s agents but provides them for free to the property’s listing agent.

Real Estate 401

Real Estate Agents Buyers Sellers 401

Housing Wire

MAY 3, 2024

But despite the uncertainty and the soon-to-beimplemented business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , RE/MAX leaders are confident in the brokerage’s ability to succeed in this changing environment.

Agents 336

Agents Real Estate Training Buyers 336

Housing Wire

OCTOBER 6, 2023

Like Anywhere Real Estate Friday morning, the terms of RE/MAX’s $55 million settlement with plaintiffs in two bombshell buyer commission lawsuits have been made public. Like Anywhere, RE/MAX will no longer require agents to be “members of the National Association of Realtors or follow NAR’s Code of Ethics or the MLS Handbook.”

Agents 476

Agents Real Estate Buyers Brokerage 476

Lamacchia Realty

JULY 21, 2023

After spending over a year as a REALTOR with Lamacchia Realty, Chris Rochon has made the exciting jump to the Business Development team. Chris served buyers and sellers in the Greater Merrimack Valley area during his time as a REALTOR. He will be an immediate asset to our team and our agents. Welcome Chris!”

Development 69

Development Business Realty Realtors 69

Housing Wire

MAY 14, 2024

Another issue is home sellers’ bias against buyers using FHA loans, where offers from non-FHA borrowers are often selected even though lower in price. CHLA commends FHA for its work on its “Mythbusters” initiative, designed to blow up the myths around FHA loans by educating lenders and home sellers.

Sellers 303

Sellers Realty Insurance Realtors 303

Housing Wire

JANUARY 9, 2023

Buyer behavior on the Auction.com platform provides one of the best barometers of the retail housing market because the success and livelihood of these buyers depend heavily on them accurately anticipating what the retail market will look like in the next six to 12 months. percent, according to ATTOM Data Solutions.

Retail 433

Retail Sellers Buyers Market Value 433

Housing Wire

MARCH 27, 2024

These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” The National Association of Realtors has provided these facts: 86% of buyers purchased their home through a real estate agent or broker. A seller and agent/brokerage either agrees to the terms and compensation or they don’t.

Real Estate Agent 280

Real Estate Agent Real Estate Agents Sellers 280

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 344

Agents Realtors Clients Real Estate Agent 344

Housing Wire

APRIL 9, 2024

Another issue is home sellers’ bias against homebuyers using FHA loans, where offers from non-FHA borrowers are often selected even though lower in price. CHLA commends FHA for its work on its “Mythbusters” initiative, designed to blow up the myths around FHA loans by educating lenders and home sellers.

Sellers 431

Sellers Realty Insurance Realtors 431

Housing Wire

JANUARY 24, 2024

Even as home prices began to decrease last year, mortgage rates remained high, leading both buyers and sellers to stay out of the housing market. Existing home sales fell to their lowest point in nearly 30 years in 2023, while the median price of a home reached a record high, according to the National Association of Realtors (NAR).

Insurance 428

Insurance Sellers Buyers Housing Market 428

Housing Wire

NOVEMBER 13, 2023

The writer in the Economist says, “…either the fat fee [real estate commission] inflates the house price, or the buyer ends up paying a similar fee when he or she sells.” This is from the Editorial Board of The Wall Street Journal, “Ninety percent of transactions offer buyer agent commissions of exactly 3%.”

Real Estate 344

Real Estate Realtors Agents Buyers 344

Appraiserblogs

NOVEMBER 7, 2023

Could it be because of the racial bias complaint filed against me by an unhappy Seller… Fannie Mae accomplished what they set out to do in July 2011, when they initiated their Uniform Appraisal Dataset (UAD) and the Uniform Collateral Data Portal. So what’s caused the sudden loss of income?

Sellers 126

Sellers Valuation Law Contracts 126

Lamacchia Realty

MARCH 21, 2024

March 18, 2024 – The Wall Street Journal has quoted Anthony Lamacchia in their new article regarding the buyer commission lawsuit that the National Association of REALTORS® has been fighting over the last several months. Anthony emphasizes the importance of coaching REALTORS® so they can adjust to this change seamlessly.

Development 55

Development Realtors Government Buyers 55

Eppraisal

FEBRUARY 7, 2023

Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. If the lot is zoned for commercial use, they do well to develop it as a retail space or other business, and later serving as the landlord.

Development 69

Development Sellers Legal Home Value 69

Lamacchia Realty

APRIL 19, 2024

With Lynn comes local expertise of her hometown in Lunenburg where she has been the number one REALTOR since 2019, and all surrounding areas in north central Massachusetts. Needless to say, Lynn is highly experienced in her craft of working with buyers and sellers, and successfully helping them achieve their goals!

Realty 73

Realty Realtors Training Clients 73

Lamacchia Realty

MARCH 25, 2024

March 22, 2024 – The International Business Journal published an article highlighting Anthony Lamacchia and how he has come to the front lines to advocate for the real estate industry throughout the ongoing Buyer Commission lawsuit that the National Association of REALTORS® has been battling for months.

Buyers 52

Buyers Business Realtors Government 52

Housing Wire

MAY 23, 2023

These buyers are primarily local community developers who purchase distressed properties and then resell or rent those properties on the retail market following rehab — a process that typically takes about six months. in April 2023, according to the National Association of Realtors (NAR).

Housing Market 411

Housing Market Marketing Retail Sellers 411

Housing Wire

NOVEMBER 20, 2023

Some of these provisions include no longer requiring agents to be members of the National Association of Realtors or following NAR’s Code of Ethics or the MLS Handbook. The terms of the settlement agreements require RE/MAX and Anywhere to pay $55 million and $83.5 million , respectively, as well as make policy and practice changes.

Legal 376

Legal Real Estate Agents Realtors 376

Housing Wire

FEBRUARY 8, 2024

Both buyers and sellers value the combined benefits of his individual talents along with membership in one of the most respected real estate firms in New York City. Jane Doe is an industry-leading Realtor with a talent for selling unique properties.” At the same time, he is approachable, adaptable, unassuming, and self-aware.

Real Estate Agent 376

Real Estate Agent Real Estate Agents Clients 376

Housing Wire

DECEMBER 19, 2023

The home seller plaintiffs and MLS Property Information Network’s (MLS PIN) efforts to address the Department of Justice’s “significant concerns” about their proposed settlement agreement in the Nosalek commission lawsuit were not enough. Both MLS PIN and the DOJ declined to comment on this latest development in the lawsuit.

Real Estate Agent 349

Real Estate Agent Real Estate Buyers Realtors 349

Lamacchia Realty

MARCH 22, 2024

March 20, 2024 – The buyer commission lawsuit affecting the National Association of REALTORS® has been making headlines for months, especially since NAR announced their proposed settlement on March 15th. In their new article, The Boston Globe dives into how this will affect consumers, particularly first-time home buyers.

Buyers 50

Buyers Realtors Government Realty 50

Housing Wire

APRIL 13, 2021

SentriLock , the home lockbox company wholly owned by the National Association of Realtors (NAR), announced Tuesday that they created a computer and smart phone platform to help real estate agents juggle their home showing appointments. The development is intriguing for a few reasons. Presented by: Propertybase.

Real Estate Agent 404

Real Estate Agent Real Estate Brokerage Realtors 404

Housing Wire

JULY 15, 2022

This includes developing a stronger knowledge about mortgage products, origination, compliance and regulatory matters, how loan officers operate day to day and mortgage sales. There are just so many companies that have the objective of displacing the Realtor altogether. To become an HW+ member, click here.

Real Estate 362

Real Estate Realtors Brokerage Business 362

Lamacchia Realty

NOVEMBER 1, 2023

Lamacchia Realty’s Florida Regional Vice President and Vice President of Relocation, Shane Bronson , has officially been appointed as a Florida REALTORS® Director for 2024. Lucie Board of REALTORS® where he attends local meetings and events on a regular basis. Lamacchia Realty has been serving buyers and sellers since 2006.

Realtors 69

Realtors Realty Real Estate Training 69

Housing Wire

NOVEMBER 3, 2023

With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. billion in commissions they paid to buyers’ agents in the past eight years.

Real Estate 299

Real Estate Brokerage Buyers Property Management 299

Housing Wire

OCTOBER 13, 2023

Berg and ALTA One attendees also highlight the recent uptick in seller impersonation fraud , which occurs when a fraudster poses as the owner of a vacant lot or vacation home who is looking to sell the property. Our realtor partners are hurting,” Berg said. With this in mind, Adams told title professionals to increase their vigilance.

Real Estate Agent 403

Real Estate Agent Real Estate Agents Sellers 403

Housing Wire

FEBRUARY 15, 2024

MLS PIN is broker-owned, so it is not required to abide by the rules of the National Association of Realtors (NAR), including its Participation Rule. But MLS PIN has nonetheless adopted a similar rule that requires listing brokers to offer a blanket, unilateral offer of compensation to buyer agents in order to submit a listing to MLS PIN.

Brokerage 352

Brokerage Real Estate Agent Buyers Real Estate 352

Housing Wire

MAY 25, 2022

A new generation of digitally native homebuyers and sellers are expecting online experiences , in every type of transaction, and more convenient and seamless ways to find, tour, purchase, and sell homes on their own terms. Smart home features also pique the interest of two-thirds of new build buyers.

Construction 430

Construction Real Estate Buyers Sellers 430

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. Next, he has his buyers write a letter to the seller, a practice that has come under scrutiny lately for creating potential biases.

Clients 383

Clients Agents Buyers Sellers 383

Housing Wire

SEPTEMBER 15, 2023

Listen to all of these really great mortgage programs (most agents and buyers don’t know about these!) Department of Housing and Urban Development (HUD) which is offered to public servants, such as first responders. They’re a little known resource for many Realtors. VA loans are not well understood by many Realtors.

Real Estate 394

Real Estate Government Law Buyers 394

Lamacchia Realty

APRIL 8, 2024

has released its “Top Producing REALTORS®,” for March 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! Joselin Malkhasian is a REALTOR® working with both buyers and sellers in the Greater Boston Area.

Realtors 68

Realtors Realty Real Estate Agents 68