Housing Wire

APRIL 7, 2021

Home sellers are chomping at the bit. As the economy reopens, vaccinations continue to roll out and stimulus checks reach bank accounts across America, home sellers are increasingly optimistic. Presented by: Propertybase. The post Home sellers are feeling good about 2021 appeared first on HousingWire.

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Sellers Real Estate Agent Real Estate Loan Officers 506

Housing Wire

AUGUST 17, 2022

The Federal Housing Finance Agency (FHFA) and Ginnie Mae are walking back some of the more controversial proposed eligibility requirements for sellers, servicers and issuers they oversee. Institutions with less than $1 billion in originations during a 12 month period would be exempt — a new carveout the agencies said is for “small sellers.”.

Sellers 356

Sellers Government Lending Finance 356

Housing Wire

OCTOBER 7, 2020

With the market heading into fall, sellers, on the other hand, proved more resilient as the percentage of respondents who said it was a good time to sell a home gained 8% to 56% in September. Presented by: NAMB. The post As home prices increase, sellers have the upper hand appeared first on HousingWire. As of Oct.

Sellers 535

Sellers Real Estate Agent Buyers Design 535

Housing Wire

NOVEMBER 9, 2020

Presented by: VRM Mortgage Services. While the state of the market shines brightly for prospective buyers and sellers, the economy overall is showing some slight hesitation. The post Buyers and sellers agree: it’s a good time to enter the housing market appeared first on HousingWire. million Americans unemployed.

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Housing Market Sellers Buyers Marketing 543

Housing Wire

OCTOBER 28, 2020

Hesitant home sellers could be one reason there is such low housing inventory, according to a report from Zillow. Thirty-four percent of would-be home sellers said they are staying out of the market due to the uncertainty caused by COVID-19. Presented by: Indecomm Global.

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Sellers Marketing Inventory Lending 332

Housing Wire

MARCH 25, 2024

Remain calm, trust that you are in the right place and go sell real estate,” Wendi Harrelson, the president of Keller Williams Realty International -owned regions, said during the presentation on Monday. Seller concessions is money that is being given by the seller directly to the buyer,” Papasan said.

Agents 396

Agents Advertising Real Estate Buyers 396

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. The rules explicitly forbid negotiations over the buyer broker’s compensation by either the buyer or the paying seller,” the complaint states.

Real Estate 436

Real Estate Real Estate Agent Sellers Realty 436

McKissock

AUGUST 3, 2022

One of the top ways of convincing those potential clients that you’re the right agent for them is by creating a pristine listing presentation. A listing presentation is essentially an interview to represent a potential seller in a real estate transaction. Home sellers will want to know your qualifications right away.

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Real Estate Agent Real Estate Agents Sellers 69

Housing Wire

MARCH 8, 2024

District Court in New Orleans, home seller plaintiff Joseph C. The lawsuit is seeking class action status for anyone who has used Latter & Blum as listing broker for sale of a home on an MLS in Louisiana and paid a buyer broker commission between March 5, 2020, and the present. In a lawsuit filed on Tuesday in U.S.

Brokerage 369

Brokerage Sellers Realtors Agents 369

Housing Wire

NOVEMBER 10, 2023

District Court in South Carolina, alleging that the National Association of Realtors (NAR) and Keller Williams colluded to artificially inflate agent commission rates, increasing costs for home sellers. “The effect of these rules is not simply that the seller must pay the buyer broker’s compensation,” the complaint states.

Sellers 412

Sellers Realtors Buyers Agents 412

Housing Wire

FEBRUARY 16, 2024

A second home seller in Nevada has filed a lawsuit alleging that real estate industry players in the state have colluded to artificially inflate real estate agent commissions. District Court in Las Vegas by Nevada home seller Angela Boykin. 16, 2020, and the present. The copycat commission lawsuit was filed on Friday in U.S.

Real Estate 400

Real Estate Realtors Realty Brokerage 400

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. Accepted by the court on Oct.

Real Estate 406

Real Estate Sellers Realtors Real Estate Agent 406

Housing Wire

DECEMBER 15, 2023

This is according to NAR Chief Economist Lawrence Yun, who shared a presentation of his 2024 forecast on Tuesday. Once the December data for existing home sales is tallied up, 2023 could be the worst year for existing home sales seen since 2008 or since 1995, Yun said during his presentation.

Sellers 459

Sellers Buyers Mortgage Investing 459

Housing Wire

NOVEMBER 15, 2023

He began his presentation during the “Residential Economic Issues and Trends Forum” by analyzing the data points that impacted 2023 real estate conditions before diving into forecasts for next year. However, as mortgage rates stabilize and home sellers adapt, “Existing-home sales will rise by 15% next year,” Yun said.

Real Estate 450

Real Estate Inventory Sellers Realtors 450

Housing Wire

JANUARY 16, 2024

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. There was no evidence presented at the trial that excludes the possibility of independent action by any of the defendants. At least at the Federal level, the U.S.

Agents 350

Agents Law Sellers Legal 350

Inman

NOVEMBER 1, 2023

Offerpad's agent partnership program gives agents another tool when making listing presentations, and pays them a 3 percent referral fee when their client accepts an offer from the iBuyer.

Tools 162

Tools Agents Sellers Clients 162

Housing Wire

JANUARY 11, 2024

“Defendants’ conspiracy has artificially inflated broker commissions to a range of 5-6% of the sale price in nearly all residential real estate transactions in REBNY Brooklyn—half of which automatically goes to the Buyer Broker—an overcharge that is borne entirely by the home seller,” the complaint states. “In 29, 2019, to the present.

Real Estate 391

Real Estate Sellers Real Estate Agent Agents 391

Housing Wire

MARCH 13, 2024

Amid escalating climate concerns , Realtor.com has launched enhanced tools to help homebuyers and sellers evaluate the climate risk exposure of a property, according to a company announcement on Wednesday. Presently, a staggering 40.4% The cost of homeowners insurance policies has skyrocketed in the past two years as U.S. ” U.S.

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Tools Insurance Home Value Technology 410

Housing Wire

JANUARY 18, 2024

The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate industry of colluding to artificially inflate real estate agent commissions. Patrick Thurber, a California home seller, is an additional named plaintiff in the suit. 17, 2020, and the present.

Realtors 505

Realtors Brokerage Realty Real Estate 505

Housing Wire

FEBRUARY 28, 2024

It enables agents to differentiate themselves through original presentations of their brand and properties using features such as high-resolution hero images and interactive floor plans. This is a huge benefit for buyers, sellers and Howard Hanna agents alike.”

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Tools Agents Real Estate Brokerage 354

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.

Inventory 382

Inventory Agents Real Estate Sellers 382

Real Estate News

OCTOBER 26, 2023

The iBuyer will send potential sellers leads to the brokerage company, while Anywhere agents can present their sellers with a cash offer from Offerpad.

Brokerage 204

Brokerage Sellers Agents 204

Housing Wire

NOVEMBER 10, 2023

On Wednesday, Manhattan home seller Monty March filed a lawsuit in U.S. The lawsuit is seeking class action status, with the proposed class including Manhattan home sellers who worked with an agent from one of the defendants between Nov. 8, 2019, and the present. It is not required for a seller to compensate a buyer’s agent.

Real Estate 450

Real Estate Brokerage Sellers Law 450

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.

Real Estate 344

Real Estate Sellers Realtors Brokerage 344

Housing Wire

JANUARY 16, 2024

“The unlawful restraints implemented and enforced by Defendants’ conspiracy, further the common goals of permitting Defendants herein to impose supra-competitive charges on home sellers and restrain competition by precluding competition from innovative or lower priced alternatives,” the complaint reads. 15, 2020, and the present. .”

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Realtors Real Estate Agent Real Estate Sellers 418

Housing Wire

FEBRUARY 27, 2024

He also noted that Compass began helping agents create buyer presentations this past fall, noting that agents have long created listing presentations for sellers but have struggled to clearly articulate their value proposition to buyers.

Agents 346

Agents Brokerage Buyers Training 346

Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. In this blog post, I will discuss some of the most common mistakes sellers should avoid during a real estate appraisal.

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Sellers Real Estate Appraisal Appraisal Process 78

Housing Wire

NOVEMBER 8, 2023

But this latest one comes with a twist — it was filed by homebuyers, unlike the others filed by home sellers. Thus, the Rule is designed to create tremendous pressure on sellers to offer the high, standard commission and to act as a powerful deterrent to anyone who may attempt to offer a discounted commission.”

Real Estate 422

Real Estate Realtors Sellers Agents 422

Housing Wire

JANUARY 24, 2024

Has the seller recently corrected negative feedback? Has the seller recently rejected offers? What else can the listing agent tell you about the seller’s situation, preferred deal terms like closing and possession dates, etc., Has it been on and off the market several times over months or years? If so, what was the reason?

Buyers 422

Buyers Sellers Agents Counter Offer 422

Lamacchia Realty

FEBRUARY 14, 2024

ARE YOU A "WANT-TO-BE" SELLER IN 2024? From low inventory levels to increasing mortgage rates , the real estate landscape has experienced a multitude of changes and challenges over the last several years, leaving many sellers wondering when the “right” time to list would be given current market conditions.

Sellers 64

Sellers Realtors Buyers Inventory 64

Housing Wire

JANUARY 23, 2024

home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. As we get into 2024, if interest rates touch the 5% mark, we can assume a market that heavily favors sellers.

Real Estate Agent 419

Real Estate Agent Real Estate Buyers Agents 419

Housing Wire

DECEMBER 12, 2023

A home seller plaintiff in California filed an antitrust lawsuit on Friday in U.S. 8, 2019, and the present. Sellers can sell their home for more and have their home seen by more buyers while buyers have more choices of homes and can afford representation. The copycat commission lawsuits have made it to the West Coast.

Realtors 433

Realtors Sellers Buyers Real Estate 433

Real Estate News

SEPTEMBER 13, 2023

Realtor.com's newly launched Listing Toolkit is designed to get listing agents in front of more sellers and uplevel their listing presentations.

Agents 220

Agents Tools Design Sellers 220

Housing Wire

FEBRUARY 12, 2024

On Friday, home seller plaintiff Dalton Jensen filed an antitrust lawsuit in U.S. 9, 2020, and the present, and paid a buyer broker commission. 9, 2020, and the present, and paid a buyer broker commission. Yet another copycat commission lawsuit has hit the court dockets.

Real Estate 418

Real Estate Real Estate Agent Realtors Buyers 418

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. According to the filing, Masiello was “required to pay a 2% commission ($8,200) to the seller broker and a 2.5% 5, 2020, and the present.

Realty 457

Realty Realtors Real Estate Real Estate Agent 457

Housing Wire

FEBRUARY 6, 2024

An assumable mortgage enables qualified buyers to take over the seller’s mortgage terms, including the existing balance and interest rate. It presents an appealing proposition for both buyers and sellers, particularly those looking to capitalize on historically low mortgage rates.

Mortgage 380

Mortgage Sellers Advertising Buyers 380

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. 13, 2019, and the present and the plaintiffs are demanding a jury trial.

Real Estate 464

Real Estate Realtors Realty Real Estate Agent 464