Housing Wire

OCTOBER 23, 2023

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. In addition, the contract stipulated that agents must join their local Realtor association. million real estate licensees in the U.S.,

Law 411

Law Agents Realtors Contracts 411

Raleigh Realty

FEBRUARY 24, 2022

What Does 'Under Contract' Mean in Real Estate? You've decided to buy a home and whether it's your first home or your tenth you're likely to stumble across homes that are listed as 'under contract' on the real estate listing. Then, you look at the status and that other shoe finally has a chance to drop: it's "under contract."

Contracts 147

Contracts Real Estate Sellers Real Estate Agent 147

Housing Wire

MARCH 31, 2021

drop in the number of homes in contract from the prior month, according to new data from the National Association of Realtors. Gradually increasing mortgage rates, heightened home prices and inventory levels at historic lows finally coalesced in February to depress in-contract deals. Presented by: Truework.

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Inventory Contracts Housing Market Buyers 493

Housing Wire

NOVEMBER 17, 2023

In their filing, the plaintiffs highlight HomeServices’ franchise agreements, training videos, as well as the now infamous Allan Dalton video, as evidence of HomeServices enforcing the National Association of Realtors’ Clear Cooperation policy. I would always answer, ‘Yes, commissions are negotiable, but I can only go up from six.’”

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Training Realtors Agents Real Estate 361

Housing Wire

SEPTEMBER 29, 2022

according to data released Wednesday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. Presented by: Evocalize. regions recorded year-over-year decreases in contract signings. Pending home sales continued to drop in August, recording a 1.0% All four major U.S.

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Contracts Realtors Inventory Marketing 347

Housing Wire

JANUARY 3, 2024

We also acknowledge that many of these lawsuits are due to some Realtors not being transparent enough… we provide transparency every step of the way,” one respondent wrote. Better buyer and seller presentations to break down payment to a more granular level,” was one agent’s response. Always will too,” one wrote.

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Agents Realtors Clients Real Estate Agent 348

Housing Wire

DECEMBER 30, 2020

year-over-year, according to a report from the National Association of Realtors. Year-over-year, contract signings increased by 16.4%. Presented by: WFG. Although month-over-month contract activity fell in all four major regions, there were still gains in pending home sales transactions.

Contracts 532

Contracts Inventory Realtors Government 532

Housing Wire

NOVEMBER 30, 2020

in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. However, borrowers are still maintaining a strong pace, as contract signings are up 20.2% Presented by: Fannie Mae. pending home sales fell 1.1%

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Realtors Inventory Contracts Development 532

Housing Wire

FEBRUARY 27, 2024

Like the other commission lawsuits, the Umpa suit alleges that the National Association of Realtors (NAR) and more than a dozen other real estate industry firms have colluded to artificially inflate agent commissions. In the Umpa suit — which is seeking class-action status for everyone in the U.S.

Realty 369

Realty Real Estate Law Brokerage 369

Housing Wire

DECEMBER 13, 2022

The National Association of Realtors predicts there will be 4.78 Fraud risk continues to rise even as the market contracts . Presented by: FundingShield. He also stressed that the conditions present in 2007 during the foreclosure crisis look very different than today. million existing home sales in 2023, down 6.8%

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Realtors Mortgage Housing Market Real Estate 403

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.

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Inventory Agents Real Estate Sellers 379

Housing Wire

OCTOBER 12, 2022

million, according to the National Association of Realtors. Presented by: Polly. annualized in the third quarter of 2022 due to strong net export and inventory investment activity, before contracting 0.7% contraction in real GDP in 2023. Still, this was a further decline from July, and sales were down 19.9%

Contracts 414

Contracts Modernization Housing Market Mortgage 414

Raleigh Realty

FEBRUARY 19, 2022

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' How much commissions you make in your first year as a Realtor will be entirely dependent on you and how much business you're able to generate. What is the average price of sold homes in your area?

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Housing Wire

MAY 10, 2022

As the calendar has turned to May, and the Realtor Legislative Meetings have come to a close, it’s a good time to reflect on research that was released last month and throughout early 2022. Twenty-eight percent of the home buying market last month was all-cash buyers, and for every home that went under contract, sellers saw 4.8

Housing Market 414

Housing Market Realtors Buyers Inventory 414

Housing Wire

OCTOBER 28, 2021

in September, according to the National Association of Realtor’s pending home sales index report released on Thursday. An index level of 100 is equal to the level of contract activity in 2001. Presented by: Auction.com. Pending contracts are good early indicators of upcoming sales closings.”. The index dropped to 116.7

Inventory 414

Inventory Renovations Contracts Buyers 414

Housing Wire

JUNE 21, 2021

According to the Knoxville Area Association of Realtors , the number of houses for sale in 2020 was down 47.5% You set your appointments the night before, and when you get there that morning, they might already be under contract.” Presented by: Radian. Generally, they go under contract in a day or two.”

Housing Market 424

Housing Market Marketing Realtors Inventory 424

Housing Wire

SEPTEMBER 13, 2021

Still, the 69,563 homes that went into contract represented a 9% decrease from the high point set in May 2021. Presented by: Nomis Solutions. A report from residential brokerage Redfin found that pending sales across 400 metro areas were up 6% year over year in the four weeks that ended Sept.

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Housing Market Marketing Inventory Brokerage 536

Listing Spark

DECEMBER 6, 2023

For one, you’re not required to have a lawyer present during a home real estate transaction. Knowing how to sell your home without a realtor can easily save you thousands of dollars on closing costs and fees. You can comfortably reduce the sales price in exchange for other contract terms.

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Realtors Real Estate Agent Real Estate Agents 36

Birmingham Appraisal

FEBRUARY 8, 2023

Not really, and today I’m going to explain the differences between several different types of appraisals that could mean the difference between a home appraising for contract price or not. Hybrid Appraisal – Lastly, the hybrid appraisal is yet another alternative that the buyer might be presented with.

Realtors 80

Realtors Appraisal Market Value Real Estate Agent 80

Housing Wire

AUGUST 10, 2022

Cracking the code on marketing to the realtor channel. Presented by: 1000watt. The average contract 30-year fixed-rate mortgage for conforming loans ($647,200 or less) rose to 5.47%, from the previous week’s 5.73%. MBA’s estimate shows rates rising.

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Mortgage Real Estate Agent Retail Contracts 348

Housing Wire

FEBRUARY 20, 2024

“And it blew up so much that states like Massachusetts … are seeking to pass right-to-inspect laws, which is going to make it hard to get that inspection contingency out of the contract,” he said. They’re only supposed to look and report on things that are present and visible,” he added. “If

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Inspection Real Estate Agent Real Estate Insurance 392

Housing Wire

DECEMBER 5, 2022

It created a massive demand for home purchases as consumers competed to win a sales contract and get a home with a low single digit interest rate. It means a massive contraction in demand for mortgages, tighter margins, corporate layoffs and “right-sizing,” and concerns about what the future may hold.

Housing Market 513

Housing Market Marketing Supply Chain Mortgage 513

Housing Wire

FEBRUARY 25, 2021

in January from December, according to a report from the National Association of Realtors. All four areas saw contract transactions increase from a year-over-year standpoint. Presented by: Fannie Mae. For the fifth consecutive month , U.S. pending home sales dipped – this time, down 2.8% But home prices have increased.

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Supply Chain Inventory Housing Market Contracts 399

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. That means being able to convincingly articulate the value of your services through a formal buyer presentation. But you do so at your own risk. Imagine that.

Agents 381

Agents Buyers Training Law 381

Housing Wire

APRIL 28, 2022

For the fifth consecutive month, pending home sales declined in March from February, down 1.2%, signaling a potential return to “much calmer” conditions, according to the National Association of Realtors. Fast-rising rents will encourage renters to consider buying a home, though higher mortgage rates will present challenges,” Yun said.

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Housing Market Marketing Contracts Mortgage 326

Housing Wire

JULY 19, 2022

However, the lenders and loan officers who will be most successful in the second half of 2022 will be those who pivot quickly, understanding both the nuances of the market and the best strategies to help solve problems for today’s homeowners, homebuyers, homesellers, Realtors and financial advisors.

Mortgage 381

Mortgage Loan Officers Technology Real Estate 381

Housing Wire

NOVEMBER 2, 2022

“Even with the Federal Reserve raising its short-term fed funds rate by another large amount, longer-term interest rates look to move only slightly,” Lawrence Yun, chief economist at National Association of Realtors , said. Six months ago, if someone would’ve given a contingent offer, they would’ve gotten laughed at,” Davidson said.

Mortgage 396

Mortgage Sellers Contracts Buyers 396

Housing Wire

MARCH 22, 2024

According to the National Association of Realtors ® (NAR), 70% of broker/broker associates and 69% of sales agents have a website. I’ve been building my social media presence consistently for about three years now and am finally at the point where people recognize me in my neighborhood, at open houses, and at Realtor® events.

Real Estate 379

Real Estate Sellers Real Estate Agent Tools 379

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. “We do not have long-term contracts with many of our real estate partners,” the materials read.

Investors 402

Investors Agents Real Estate Buyers 402

Housing Wire

MARCH 23, 2021

Presented by: CreditXpert. A new home sale occurs when a sales contract is signed or a deposit is accepted. On Monday, the National Association of Realtors released data of February’s existing home sales, which were revealed to be weak month-over-month. This represents a supply of 4.8 months at the current sales rate.

Construction 527

Construction Buyers Development Contracts 527

Housing Wire

SEPTEMBER 7, 2023

Attorneys, Realtors and clients are a big part of our repeat business.” There will likely be fewer Realtors, the sales volume will be handled by fewer Realtors. Finding reliable lending partners takes time and some trial and error, but once established is often the lifeblood of LOs. I think listing agents are going to win.

Buyers 382

Buyers Agents Loan Officers Real Estate 382

Housing Wire

DECEMBER 29, 2021

Ben Caballero : Our service supports builders, sales, their marketing and then management as it relates to marketing their homes to realtors. What builders don’t need is a realtor to list their homes in a traditional way. So, with our listings, the realtors know they have a level of confidence that the information is accurate.

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Realtors Real Estate Agent Agents Real Estate 318

Housing Wire

AUGUST 31, 2021

Presented by: Flueid. “We “ Demand for housing continues to far outweigh the supply of homes for sale: Competition remains elevated, and homes are still going under contract more than a week faster than they were a year ago. Fueling the home-buying process with certainty. By fueling the process with certainty. .

Housing Market 433

Housing Market Inventory Buyers Real Estate 433

Empire Appraisal Group

JUNE 22, 2022

Florida Realtors economist : In 1Q 2022, half of new Fla. listings went under contract in 12 days – but look beyond that one statistic to see the shift in market speed. ORLANDO, Fla –Florida Realtors market metrics – such as closed sales, median sale price and active inventory – summarize what’s happening in your market.

Marketing 78

Marketing Contracts Realtors Tools 78

Housing Wire

DECEMBER 15, 2023

In recent months, the New York Times has worked to expose what is has termed a “culture of fear” in the real estate industry, first setting its sights on the National Association of Realtors. According to eXp, changes to eXp’s Revenue Share program has made it so eXp can stop payments to agents whose contracts were terminated.

Agents 418

Agents Real Estate Agent Realty Real Estate 418

Housing Wire

DECEMBER 21, 2021

Presented by: Black Knight. As long as their realtors and partners are doing business, they’re doing business,” said Blake Bianchi, founder and CEO of mortgage start-up Discount. Implementing social media policies for LOs that balance risk and maximize returns.

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Loan Officers Retail Business Mortgage 433

Housing Wire

AUGUST 7, 2023

The capital, capability and content are present to make all real estate markets smarter, faster, safer and connected. Lenders began to define the “trust model” of standards, contracts and shared services necessary to achieve cross industry interoperability. Consumers, communities and taxpayers are major beneficiaries.

Real Estate 337

Real Estate Supply Chain Architecture Brokerage 337