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Panic! at the brokerage: Industry leaders plan next steps after NAR settlement

Housing Wire

They could look at a listing and know what they were going to get paid if their client’s deal closed, and now that is not going to be how it works.” While Danzey said the NAR’s decision to settle was not surprising, the quick turnaround for a July implementation date of the new rules definitely gave him a start — and he was not the only one.

Brokerage 410
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Opinion: Prepare for a future without guaranteed shared compensation

Housing Wire

This is a dramatic and peculiar stance, given that same company a couple of years ago launched a $1 million annual advertising campaign touting a 1% listing fee, but only if the seller turned into a buyer for them. Sadly, the understanding of the difference between a client and a customer is pitifully poor in our industry.

Agents 397
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Retail reverse mortgage production took a hit in January

Housing Wire

I think things have definitely picked up,” said Tane Cabe, a broker with C2 Financial Corp., I’ve talked to some leaders in this space recently and they’re telling me they’ve definitely seen an increase in volume. said in a recent interview. That seems to be the general feeling.

Retail 386
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The Sitzer/Burnett trial kicks off in Kansas City

Housing Wire

In agent training videos, Blefari said he pre-writes a 6% commission into all his listing agreements and that he only negotiates commissions if they go up. “I I was showing them [agents] what I did so they can learn from that,” Blefari said in his video deposition, according to Inman.

Sellers 402
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. We negotiated to get the sellers the highest price possible. Even if you’re months or even years away from moving, a seller’s prep session is one of the services I offer homeowners.

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Agent vs. REALTOR®: Why the Difference Matters

Lamacchia Realty

To the everyday buyer and seller , they may not think there is much of a difference between the two. By definition, a real estate agent is a sales professional licensed by their state to assist clients in buying, selling, or leasing properties. The Code of Ethics outlines how a REALTOR® must conduct business with all clients.

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Title Talk with Rachel Luna

Housing Wire

Luna: I definitely stumbled into it. BH: Your fabulous side is definitely showcased on your social media platforms – you do a great job of highlighting your personality, while educating people about title insurance. It sounds like you stumbled into title! I was originally interested in doing journalism or law.