Housing Wire

JANUARY 9, 2024

District Court in Arizona, Joseph Masiello, an Arizona resident and home seller, accuses several real estate companies of colluding to artificially inflate real estate agent commissions. 5, 2020, and the present. In a copycat suit filed last Friday in U.S. commission ($10,250) to the buyer broker.”

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Realty Realtors Real Estate Real Estate Agent 466

Housing Wire

APRIL 23, 2024

In light of the National Association of Realtors ’ settlement of the commission lawsuits , and the industry and business practice changes that may result, the company believes this is the perfect time to launch TomAI. The most important thing is for real estate agents to provide value and demonstrate it at scale,” Ferry said in a statement.

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Tools Real Estate Training Real Estate Agent 413

Housing Wire

MAY 1, 2024

district court in Florida, accusing HomeServices and its subsidiaries, BHH Affiliates and HSF Affiliates , of conspiring to artificially inflate real estate agent commissions. 1, 1996, and the present. On Monday, homebuyer James Lutz filed a class-action antitrust lawsuit in a U.S.

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Sellers Realtors Real Estate Agent Real Estate 441

Housing Wire

DECEMBER 15, 2023

A copycat commission lawsuit filed on Thursday by home sellers in the United States District Court for the Eastern District of Texas, accuses 47 real estate industry defendants of allegedly conspiring to artificially inflate real estate agent commissions.

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Real Estate Realtors Realty Real Estate Agent 473

Housing Wire

DECEMBER 8, 2023

Originally filed in late November, the Phillips lawsuit accuses real estate industry players of colluding to artificially inflate real estate agent commissions. This system, with its veiled surcharges, illegally warps the real estate market.”

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Brokerage Realty Real Estate Agent Real Estate 432

Housing Wire

JANUARY 19, 2024

the copycat suit alleges that real estate industry players have colluded to artificially inflate real estate agent commissions. Lyon & Associates , Guide Real Estate , Paul M. Zagaris Real Estate , and Anywhere franchise Century 21 Select Real Estate , are also defendants in the lawsuit.

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Realtors Real Estate Real Estate Agent Buyers 430

Housing Wire

NOVEMBER 27, 2023

On Wednesday, home seller plaintiffs in northern Georgia filed a class-action antitrust lawsuit accusing real estate industry players of colluding to artificially inflate real estate agent commissions. 22, 2019, and the present.

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Real Estate Real Estate Agent Sellers Realty 450

Housing Wire

APRIL 28, 2021

In 2002, Natalya Delcoure and Norman Miller, two real estate economists, set about to learn what fees consumers pay real estate agents in America. They were especially interested in real estate commissions. On average 6% of the proceeds from each home sale went to the participating real estate agents.

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Real Estate Real Estate Agent Agents Brokerage 409

Housing Wire

FEBRUARY 12, 2024

District Court in Utah, accusing real estate industry players of colluding to artificially inflate real estate agent commissions. 9, 2020, and the present, and paid a buyer broker commission. Despite being listed in the suit, the four MLSs are not listed as defendants.

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Real Estate Real Estate Agent Realtors Buyers 441

Housing Wire

NOVEMBER 14, 2023

The lawsuit accuses its 29 defendants of colluding to artificially inflate real estate agent commissions. Instead, the Texas Association of Realtors , as well as local Realtor group the Austin Board of Realtors , MetroTex Association of Realtors , Houston Association of Realtors are named.

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Real Estate Realtors Realty Buyers 410

Housing Wire

FEBRUARY 27, 2024

At the 2024 Keller Williams Family Reunion event in Las Vegas, co-founder and executive chairman Gary Keller took the stage on Tuesday and spoke to a room full of real estate agents about the importance of buyer agency agreements within the context of the ongoing antitrust lawsuits.

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Buyers Agents Real Estate Agent Clients 421

Housing Wire

NOVEMBER 8, 2023

31, 2023, the Gibson lawsuit pits three Missouri home sellers, Don Gibson, Lauren Criss and John Meiners, against National Association of Realtors , Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman. Its agents also offer buyer broker compensation.

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Real Estate Sellers Realtors Real Estate Agent 432

Housing Wire

DECEMBER 12, 2023

District Court for Northern California, accusing the real estate industry of colluding to artificially inflate real estate agent commissions. 8, 2019, and the present. The National Association of REALTORS will respond to this complaint in court.”

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Realtors Sellers Buyers Real Estate 450

Housing Wire

NOVEMBER 2, 2023

The National Association of Realtors’ longtime CEO Bob Goldberg is leaving the trade association, multiple sources with knowledge of the situation have confirmed to HousingWire Thursday morning. “We This came in the wake of the sexual harassment allegations brought forth in a New York Times exposé.

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Real Estate Agent Realtors Real Estate Development 491

Housing Wire

DECEMBER 20, 2023

The National Association of Realtors , Keller Williams and HomeServices of America , have asked judge Andrea Wood to rule on the suit based on the evidence that has been presented during the discovery period of the proceedings. After almost five years of litigation, it is clear that Keller Williams Realty, Inc.

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Real Estate Sellers Realtors Brokerage 420

Housing Wire

NOVEMBER 8, 2023

Another day and another class-action antitrust commission lawsuit accusing the real estate industry of colluding to inflate real estate agent commissions has been filed. 1, 1996 through the present, purchased in the United States residential real estate that was listed on an NAR MLS.”

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Real Estate Realtors Sellers Agents 432

Housing Wire

MARCH 27, 2024

Here’s a look at 11 real estate conferences and events that should be on your radar this year. Summary The Gathering by HousingWire Realtors® Legislative Meetings 2024 New York Real Estate Forum Buffini and Company Mastermind Summit Tom Ferry’s Success Summit RE!imagine Link to register 2. Link to register 8.

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Real Estate Realtors Agents Real Estate Agent 429

Housing Wire

JANUARY 8, 2024

31, 2023, when a Missouri jury found the National Association of Realtors , HomeServices of America , and Keller Williams liable for colluding to artificially inflate real estate agent commissions, to prepare and file these motions. The parties had since Oct.

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Law Real Estate Real Estate Agent Legal 420

Housing Wire

APRIL 30, 2021

Part one explained the history of sales commissions , and the labor market for real estate agents. Part two dove into legal challenges of the present commission system, and the industry’s defense of commissions at the present level of 5% a home sale. The average real estate agent is probably an expert at Tik Tok.”.

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Real Estate Real Estate Agent Agents Legal 441

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. Some agents reported not having made any changes to their business due to the lawsuits, while others have. Always will too,” one wrote.

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Agents Realtors Clients Real Estate Agent 431

Housing Wire

JANUARY 11, 2024

The Real Estate Board of New York is now fighting a second copycat commission lawsuit. The proposed class for the suit includes all persons that sold residential real estate in REBNY Brooklyn using the services of one of the defendants and paid a buyer broker commission from Dec. 29, 2019, to the present.

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Real Estate Sellers Real Estate Agent Agents 432

Housing Wire

JANUARY 2, 2024

Filed last Wednesday in the Western District of Missouri, the Umpa suit, named after its lead and only plaintiff Daniel Umpa, accuses the real estate industry of allegedly colluding to artificially inflate real estate agent commissions. 27, 2019, and the present.

Sellers 421

Sellers Brokerage Real Estate Realtors 421

Housing Wire

DECEMBER 6, 2023

Plaintiffs in Florida and Pennsylvania filed lawsuits on Monday, accusing real estate industry players of allegedly colluding to artificially inflate real estate agent commissions. 4, 2019 and the present. Both lawsuits are seeking class-action status. These allegations are absurd.

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Realty Realtors Brokerage Real Estate 432

Housing Wire

MARCH 22, 2024

Generate seller leads using AI Artificial Intelligence (or AI) is changing the way agents work in so many ways, and that includes how we generate seller leads. Data analysis allows real estate agents to focus their marketing efforts (and budget!) Let’s be honest, spending money on lead generation can get expensive.

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Real Estate Sellers Real Estate Agent Tools 421

Housing Wire

JANUARY 16, 2024

A few days ago, the three main defendants— National Association of Realtors , Keller Williams and HomeServices —in the Sitzer/Burnett case filed two motions with the court. No evidence of collusion First, according to the filings, the plaintiffs in the case presented no evidence at trial as to any collusion or conspiracy among the defendants.

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Agents Law Sellers Legal 421

Housing Wire

MARCH 15, 2024

Getting referrals and cozying up to the sell side Mike Kortas, CEO at NEXA Mortgage , sent a clear message to the over 2,300 mortgage LOs at his mortgage brokerage: “Keep your eyes open, keep your ears open, listen for opportunities that are going to present themselves, and be ready to assist more buyers.

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Buyers Agents Mortgage Real Estate Agent 504

Birmingham Appraisal

JUNE 21, 2023

Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

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Real Estate Agent Real Estate Agents Appraisal 75

Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Ready to find a real estate brokerage?

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Real Estate Real Estate Agent Brokerage Agents 431

Appraisal Buzz

APRIL 30, 2024

Adapting to Industry Shifts with a New Approach to Collaboration The recent class action settlement proposal by the National Association of Realtors (NAR) is potentially changing how buyer’s real estate agent fees are negotiated. That presents a unique challenge as well as an opportunity.

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Marketing Real Estate Agent Renovations Buyers 195

Housing Wire

NOVEMBER 1, 2023

The new lawsuit, known as Gibson after its lead plaintiff, accuses the National Association of Realtors , Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman , of conspiring to inflate real estate agent commissions.

Real Estate 421

Real Estate Brokerage Sellers Law 421

Hank Miller Team

NOVEMBER 16, 2022

Here’s a fun fact, real estate agents in GA have no fiduciary responsibility to their client or customer. Are Real Estate Agents in GA Fiduciaries? In some states, but in Georgia real estate agents are not fiduciaries. There is no reason for an agent to volunteer this.

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Real Estate Agent Real Estate Agents Clients 52

Housing Wire

APRIL 13, 2021

SentriLock , the home lockbox company wholly owned by the National Association of Realtors (NAR), announced Tuesday that they created a computer and smart phone platform to help real estate agents juggle their home showing appointments. Real estate agents and LOs: the great collaboration.

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Real Estate Agent Real Estate Brokerage Realtors 410

Housing Wire

OCTOBER 18, 2023

Ketchmark said the plaintiffs want the defendants, which include the National Association of Realtors , HomeServices of America and Keller Williams , to “return the money” they believe was unlawfully taken via commissions as a result of an alleged conspiracy between the defendants. I reported the numbers and walked off the stage.”

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Agents Training Real Estate Real Estate Agent 432

Lamacchia Realty

MAY 7, 2024

has released its “Top Producing REALTORS®,” for April 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Mary Wood is an award-winning REALTOR® based in MetroWest closing 50-60 sales annually.

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Realtors Realty Real Estate Clients 58

Appraisal Buzz

SEPTEMBER 27, 2021

Divorce work is the most common, but attorneys also need valuation expertise for estate valuations, business disputes, tax litigation, bankruptcy proceedings, and expert witnesses (a per hour fee). Becoming a Go-to Appraiser for Realtors during a Confusing Time in the Industry. Profiting from (Credible) Measuring Services.

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Real Estate Agent Real Estate Valuation Appraisal 370

Housing Wire

MARCH 13, 2024

The number one differentiator about our program is we understand that as a real estate agent, you have one job: to generate leads,” says SERHANT. What we love If you’re looking for the gold standard of real estate coaching, Tom Ferry has the goods to back up the bravado. Who’s it Best For? is the way to go.

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Real Estate Real Estate Agent Agents Training 432

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. The day started with video depositions of four real estate brokerage executives. million real estate licensees in the U.S.,

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Law Agents Realtors Contracts 432