Remove 2002 Remove Real Estate Remove Real Estate Agent
article thumbnail

The 100-years-war over real estate commissions

Housing Wire

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. real estate agents today make more than they did 20 years ago.

article thumbnail

Don’t be surprised if a 61-year-old white woman buys your house

Housing Wire

In 2002 — around the same time that the underlying causes of the 2008 financial crisis took root — there was significantly less separation in median age between first-time buyers (31) and repeat buyers (41). The trendline is startling.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Keller Williams faces three lawsuits tied to its profit-sharing program 

Housing Wire

Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. On March 22, Moulder, who worked with Keller Williams from 2002 to 2011, filed a complaint aiming for class-action status in the U.S. “To On March 25, Robert E.

Brokerage 511
article thumbnail

The 2022 housing market: A tale of two halves

Housing Wire

“The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. The 2002 housing market has been a tale of two halves,” said Green. Other smaller lenders, including real estate tech startup Reali and Sprout Mortgage , shuttered, while First Guaranty Mortgage Corp filed for Chapter 11 bankruptcy.

article thumbnail

Cleveland-area team brings 25 agents to fast-growing Real

Housing Wire

“They bring a shared commitment to service excellence and innovation, and we look forward to learning from them and seeing how they leverage Real’s industry-leading platform to further their success.” Their parents also worked in real estate. billion.

Agents 459
article thumbnail

Gary Keller, Bob Goldberg, Gino Blefari depositions on commissions shared with the jury

Housing Wire

In the video, Ketchmark showed Keller footage from a KW Family Reunion event where Keller showed a slide showing the average commissions KW agents had earned between 2002 and 2019, to which Keller responded: “We didn’t talk about commissions. I reported the numbers and walked off the stage.” Nothing could be further from the truth.”

Training 459
article thumbnail

Optimal Blue hopes to hook mortgage brokers with real-time rate feature

Housing Wire

As lenders adapt to a purchase-centered market, HousingWire spoke to Brian Boero, CEO of 1000watt, about opportunities to grow lenders’ effectiveness in the real estate agent and broker market. Presented by: 1000watt. Black Knight acquired Optimal Blue in July 2020 in a $1.8 billion deal to boost origination offerings.

Mortgage 397