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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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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

These efforts include having open house programs to help seller agents and co-marketing home listings with these professionals, using social media to reach borrowers, and sometimes buying leads, according to Kortas. “You Assisting homebuyers and their agents adds more to an LO’s plate.

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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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Divorce and Selling a Home: What You Should Know

Lamacchia Realty

Regardless of whether this is happening before or after the divorce is final, the first step is to hire a professional REALTOR ® who is preferably well versed in navigating the complexities of a home sale during a divorce. If one party has a long-standing relationship with an agent, the other party may feel that favoritism is at play.

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9 Takeaways: What is Dual Agency in Real Estate?

Raleigh Realty

A third example is if a real estate agent is hosting an open house and meets a buyer who is interested in buying the home. If both the buyer and seller are in agreement that the same real estate agent can represent both parties, the realtor becomes a dual agent in the transaction. Is Dual Agency Bad or Illegal in Some States?

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The ‘double-edged sword’ of dual licensing

Housing Wire

Due to major policy changes from federal agencies and the proposed settlement agreement by the National Association of Realtors (NAR) in the commission lawsuits, more companies and professionals are venturing into dual licensing — also called dual capacity. Being a good Realtor is hard. I think there’s some potential there.”

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Investment Success: The Crucial Role of Brokerages for Investors

Listing Spark

Some of the dominant challenges in the recent real estate market are financing or upfront capital requirements, deciding on a liquidation strategy, and dealing with market fluctuations. Challenge #1: Managing Finances When you’re buying an investment property, financing is a major hurdle.