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Brokers prepare for changes after Sitzer/Burnett commission lawsuit verdict

Housing Wire

Pearson also has concerns about what this will now mean for how she and her agents handle client meetings or how to word things on open house fliers. “I I am working with an attorney to figure out how we are going to talk to people that come into open houses and what language we use on open house fliers,” Pearson said.

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‘Don’t panic:’ KW executives address agent questions on NAR commission settlement

Housing Wire

During a virtual open house hosted by Keller Williams to answer agent and broker questions about the settlements in the commission lawsuits , the overwhelming message was for real estate professionals to focus on what they can control. Cooperative compensation is still legal,” Papasan stressed. Don’t panic.

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9 Things to Know Before Selling a Home For Sale by Owner

Raleigh Realty

And while that may be enticing, there are many other costs and legal repercussions that are associated with selling a home that will be the full responsibility of the seller if a real estate agent is not involved. That is a $35,000 swing for my client who asked if he could give us a bonus.

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9 Takeaways: What is Dual Agency in Real Estate?

Raleigh Realty

Initially, the seller tried to sell his home by himself before soliciting my help and I was able to get it sold for him to one of my clients. Here’s a common scenario on when dual agency may occur: A real estate agent is hired to sell the home of a client named Mary. What is Dual Agency in Real Estate?

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What is Dual Agency in Real Estate?

CA Realty Training

You may find a buyer who comes to your open house , loves the listing and asks you on the spot if you can help them buy the home. . Legally, we know that this isn’t true. A fiduciary duty is a legal obligation for one party to act in the best interest of another. appeared first on CA Realty Training.

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The ‘double-edged sword’ of dual licensing

Housing Wire

Dahlhausen added that working as a loan officer is an opportunity for real estate agents to ”control the transaction” and ”ensure that the client is being taken care of” while increasing their compensation. Working as both an LO and agent was a way to better serve his clients, he said. For example, Realfinity pays LOs 1.4%

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Home Listing Tips that Every Real Estate Agent Needs to Know

CA Realty Training

Remember to work from the place of helping your client. The Exterior of the House. Whenever a prospect drives by the property, they will form an opinion of the house. Does the house have a clean exterior? Does the house need a paint job? A clean house attracts prospective clients. Tip #5: Negotiate.