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Real estate brokers focus on value amid commission lawsuit unease

Housing Wire

The National Association of Realtors , Keller Williams , and Berkshire Hathaway are still going to court to fight the allegations. Some 40% of respondents say they are focusing on educating and training their agents. Today, the first class action commission lawsuit goes to trial in Kansas City, Missouri.

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Stakes are high as first buyer broker commission lawsuit goes to trial today

Housing Wire

At the crux of the case is the allegation that commission rates are too high, it’s unfair that the seller pays the buyer’s agent’s commission, and that the National Association of Realtors’ (NAR) Code of Conduct and MLS Handbook lead to set pricing. million, respectively.

Buyers 446
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Glenn Kelman says Redfin has ‘very good defenses’ for commission lawsuit

Housing Wire

In regards to the outcome of the Sitzer/Burnett commission lawsuit , Kelman said it was one that Redfin has long prepared for, which he felt was evident in the firm’s commitment to giving consumers a better deal and the announcement of their break from the National Association of Realtors. I feel a twinge of optimism. million in Q3 2022.

Agents 383
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FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. Navigating appraisal challenges in today’s housing market.

Appraisal 309
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How to get a real estate license in Texas

Housing Wire

Currently, there are about 154,113 Realtors ® in Texas, according to the National Association of Realtors. Support & Training Choosing a broker that provides all the support you’ll need as a new agent is integral, so look for a brokerage that offers comprehensive new agent training and mentorship programs.

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Closing arguments wrap up as Sitzer jury heads for deliberations

Housing Wire

Davis also discussed the MLS and how the National Association of Realtors’ Clear Cooperation Rule impacts both buyers and sellers during her time on the stand. MacGill also discussed the HomeServices training videos in which Blefari told viewers how he dealt with commission rate negotiations. Our system doesn’t have to forget people.

Agents 370
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Opinion: Solutions to restore housing as an economic growth engine

Housing Wire

Action must be taken to provide adequate credit access to homebuyers and encourage the housing market to expand opportunities for American households. The Hispanic homeownership rate grew moderately to 48.4%, partly due to organized advocacy and the work of Latino Realtors and lenders. in 2001 to 44.8%

Insurance 364