Housing Wire

MARCH 27, 2024

These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” And before getting my real estate license in 2009, I had the same opinion, too. While this seems obvious, I hear time and time again how agents are trying to “convince” people to work with them.

Real Estate Agent 353

Real Estate Agent Real Estate Agents Sellers 353

Housing Wire

JANUARY 12, 2024

The Colorado MLS now has partnered with First Multiple Listing Service (FMLS), MLS Listings , Miami Association of Realtors and Heartland MLS , bringing the free flow of listings between REcolorado subscribers and professionals in the Atlanta metro area, Northern California , South Florida and the Kansas City metro area.

Real Estate Agent 468

Real Estate Agent Real Estate Realtors Agents 468

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. Masiello sold a home on an Arizona MLS through HomeSmart “in or about October 2021.”

Realty 488

Realty Realtors Real Estate Real Estate Agent 488

Housing Wire

NOVEMBER 29, 2023

The family sold the franchise in October 2021 but remained with RE/MAX Preferred Properties until the move. Ryan Levenson, who is the 2023 president of the East Tennessee Realtors’ Association , is a third-generation real estate agent, following his parents, Rich and Patti Levenson, into the business.

Realty 448

Realty Agents Real Estate Agent Real Estate 448

Housing Wire

DECEMBER 4, 2024

The National Association of Realtors (NAR) may have had its home seller commission lawsuit settlement agreement approved , but that does not mean it is free from the homebuyer commission lawsuits. Last week, as Judge Stephen R.

Real Estate Agent 395

Real Estate Agent Realtors Real Estate Realty 395

Housing Wire

JANUARY 27, 2023

The majority of lenders easily lost half of the volume last year that they originated in 2021, and LOs who have their own databases to tap into are highly sought after. Under the revamped mode, business development officers build relationships with real estate agents to get leads and client advisors take incoming leads from borrowers.

Lending 418

Lending Real Estate Agent Loan Officers Retail 418

Housing Wire

NOVEMBER 16, 2020

But the virus has had anything but a negative impact on real estate in El Paso. According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. Interest rates were so low, at 2.5%

Housing Market 448

Housing Market Marketing Real Estate Agent Real Estate 448

Housing Wire

JANUARY 29, 2024

In an amended complaint filed on Friday, home sellers Danielle and Jessie Kay (who sold a house in Baden, Pennsylvania, in December 2021 with the help of an agent from Realty One Group Gold Standard ) were added as a plaintiff. The Pennsylvania copycat commission lawsuit has some new defendants and a new plaintiff.

Brokerage 432

Brokerage Realty Real Estate Real Estate Agent 432

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. On Monday, homebuyer James Lutz filed a class-action antitrust lawsuit in a U.S. Lutz is being represented in the suit by Randall P.

Sellers 468

Sellers Real Estate Agent Realtors Real Estate 468

Housing Wire

DECEMBER 19, 2024

‘s Agency of the Year in 2021. Tina Urban Nest started operations in 2012 with a strong focus on putting agents first, Real explained. He also served as president of the Las Vegas Realtors , joining the organization’s Hall of Fame in 2018. billion in 2023. It was also recognized as Vegas Inc.

Brokerage 373

Brokerage Realty Agents Real Estate 373

Housing Wire

JULY 13, 2021

bidding-war rate Redfin saw in June 2020, when the housing market was starting to rebound from a temporary standstill triggered by pandemic shutdowns, said Laura Sechrist Molenda, a Redfin real estate agent based in Southern California. million homes, according to the National Association of Realtors. million to 5.61

Inventory 511

Inventory Housing Market Real Estate Agent Buyers 511

Housing Wire

FEBRUARY 9, 2021

The demand for real estate has grown to a frenzy in some areas of the country over the last year and succeeding in those competitive markets requires skill, experience and finding innovative ways to get deals done. That’s why we’ve invited Xio Sandoval, a top Century 21 Realtor, to speak at our Spring Summit on March 4.

Realtors 237

Realtors Real Estate Real Estate Agent Landlords 237

Housing Wire

APRIL 26, 2021

Compass announced Monday that it has reached an agreement to buy San Francisco-based real estate transaction platform Glide , a deal that some California real estate agents may feel uneasy about. The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month.

Agents 397

Agents Brokerage Real Estate Agent Realtors 397

Housing Wire

MARCH 16, 2022

Latinos are twice as likely to use Federal Housing Administration financing than non-Hispanic white borrowers, but most of the real estate agents the National Association of Hispanic Real Estate Professionals surveyed felt FHA borrowers were at a competitive disadvantage. last year, respectively.

Real Estate Agent 397

Real Estate Agent Real Estate Agents Investors 397

Housing Wire

JANUARY 21, 2022

When the restaurant Tom Hunt worked at as a server temporarily shut down during the spring of 2020 due to the COVID-19 pandemic, he decided it was the right time to pursue his longtime desire of becoming a real estate agent. At the close of 2019, the National Association of Realtors had 1.4 million members.

Agents 397

Agents Real Estate Agent Real Estate Clients 397

Housing Wire

JULY 28, 2021

The 2021 RealTrends Gathering of Eagles real estate conference captured our attention when the role and future of the real estate transaction process for a homebuyer were lively debated. Big players such as Zillow, Redfin, Compass… etc. claim dominance. We watch as consolidation transpires all-around.

Brokerage 545

Brokerage Real Estate Clients Agents 545

Housing Wire

SEPTEMBER 17, 2021

Instead of 25 to 30 offers on turnkey homes, we’re now seeing five to seven,” Nicole Dege, a Redfin real estate agent from Orlando said in a statement. of offers written by Redfin agents facing competition in August. million homes, according to the National Association of Realtors. million to 5.61

Buyers 468

Buyers Inventory Real Estate Agent Sellers 468

Housing Wire

FEBRUARY 11, 2022

This advertising strategy, among a handful of others, has helped the LO connect with Russian-speaking Realtors and win the business of borrowers from former Soviet countries. “I Borrowers have called me from seeing my advertising in the stores and a couple of Realtors, too.”. trillion in 2021. trillion in 2021.

Marketing 418

Marketing Real Estate Agent Loan Officers Advertising 418

Housing Wire

NOVEMBER 4, 2022

The National Association of Realtors (NAR) released a report on Friday that found 88% of all first-time homebuyers in the U.S. The share of Black and Asian first-time buyers is down from 6% in 2021, while the share of white first-time buyers is up from 82% and Hispanic homebuyers up from 7%. million in 2021, up from 50.5

Sellers 418

Sellers Buyers Real Estate Agent Real Estate 418

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. In an email, Marla Martin, a spokesperson for Florida Realtors, said the trade group was working on a statement about the allegations.

Realty 459

Realty Realtors Brokerage Real Estate 459

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. What’s especially interesting is that unlike average or low-performing agents, top-performing agents simply don’t lower their commission rates very often.

Agents 435

Agents Real Estate Agent Brokerage Real Estate 435

Housing Wire

AUGUST 22, 2024

Filed in Florida in late April, the Lutz suit accuses HomeServices and its subsidiaries, BHH Affiliates and HSF Affiliates , of conspiring to artificially inflate real estate agent commissions. Lutz is being represented in the suit by Randall P. “Not

Law 434

Law Real Estate Agent Brokerage Real Estate 434

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. But this latest one comes with a twist — it was filed by homebuyers, unlike the others filed by home sellers. 2 in the U.S.

Real Estate 459

Real Estate Realtors Sellers Agents 459

Housing Wire

OCTOBER 2, 2024

Top Agent Network (TAN) is not backing down in its antitrust lawsuit against the National Association of Realtors (NAR). NAR is the only defendant in the newest version after the plaintiff filed a voluntary dismissal of the San Francisco Association of Realtors , which was originally named as one of the defendants.

Agents 434

Agents Realtors Sellers Brokerage 434

Housing Wire

DECEMBER 28, 2021

By the fall, real estate agents in Boise, Idaho were passing around a video they didn’t like but couldn’t resist watching. real estate in 2022 may see challenges to its biggest enterprises, including the National Association of Realtors and Zillow , and shifting adjustments to how work is done amid the coronavirus pandemic.

Real Estate 476

Real Estate Realty Brokerage Realtors 476

Housing Wire

AUGUST 21, 2023

Just days after awarding Zillow and National Association of Realtors (NAR) a major victory in their legal battle against REX Real Estate , the court made it clear that Zillow’s fight is far from over. It is literally false not to characterize REX’s listings as ‘Agent Listings.’

Advertising 370

Advertising Real Estate Agent Real Estate Agents 370

Housing Wire

JANUARY 17, 2023

plans to invest in tech, reduce vendor costs and focus on realtor partners in 2023. These are things we wanted to do in 2020 and 2021, but with the influx in volume, we had to focus on what’s in front of you, which is closing transactions.”. billion production volume in 2021. Justin Messer, CEO at Prosperity Home Mortgage.

Mortgage 418

Mortgage Real Estate Real Estate Agent Realtors 418

Housing Wire

APRIL 14, 2022

Then, the mortgage industry showed why it is called a cyclical business: in the second half of 2021, the Federal Reserve signaled an increase in interest rates and an easing of the purchase of mortgage-backed securities, choking the refi market. ” In fall of 2021, Chicago-based Interfirst laid off hundreds of employees.

Mortgage 526

Mortgage Marketing Retail Lending 526

Housing Wire

MAY 8, 2024

Because of an apparent error made by staff at ICE Mortgage Technology ‘s Surefire customer relationship management (CRM) platform, more than 600,000 emails and texts were sent without permission to real estate agents, business partners and past clients of loan officers around the country.

Clients 448

Clients Real Estate Agent Technology Loan Officers 448

Housing Wire

JANUARY 7, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. The agent said rich “mainland” residents replaced international buyers, who are restricted in their travel amid the pandemic. San Diego, California. But overall demand is on the rise.

Housing Market 418

Housing Market Marketing Real Estate Agent Agents 418

Housing Wire

SEPTEMBER 23, 2022

Women make up 66% of all Realtors, according to the National Association of Realtors ‘ 2022 Member Profile , but hold just a fraction of executive leadership positions throughout the industry. For one: We’re going to see agents drop out of the industry. But that doesn’t mean all those people had a good experience.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Realtors 370

Housing Wire

NOVEMBER 17, 2021

2021 RealTrends Team Profitability Study. Podcast: Comparing real estate team and brokerage profitability. Study: It’s true, real estate teams outperform brokerage firms. However, these super-sized teams aren’t the only ones turning a profit — a profit that dwarfs most real estate brokerage’s profit.

Real Estate 397

Real Estate Brokerage Agents Advertising 397

Housing Wire

APRIL 28, 2022

Residential real estate brokerages will not do as well in 2022 as they did in 2021, but let’s not get carried away. billion in quarterly revenue, but the vast majority of that is from home sale commissions, which largely are returned to the company’s independent contractor real estate agents.

Mortgage 370

Mortgage Brokerage Agents Real Estate 370

Housing Wire

MARCH 14, 2022

Never in her decades-long career did Giguiere think she might be responsible for monitoring and reporting potential criminal activity in the real estate market. “It It is just ridiculous to put that on real estate agents and companies,” Giguiere said. That is not the role of a real estate agent.

Real Estate 435

Real Estate Insurance Law Real Estate Agent 435

Housing Wire

JUNE 12, 2024

Total VA loan volume in 1947 was more than $3 billion, compared to its $447 billion peak in 2021.“ “The according to the most recent data from the National Association of Realtors (NAR). One way for Veteran buyers to get the most from their benefit is to work with real estate agents who know and understand the power of VA loans.”

Real Estate Agent 464

Real Estate Agent Agents Buyers Government 464

Housing Wire

APRIL 21, 2021

year-over-year in the first quarter of 2021, crushing sales of affordable homes (7% increase) and mid-priced homes (5.9%), per a recent report from Redfin. drop in the number of homes in contract from the prior month, according to new data from the National Association of Realtors. Sales of luxury homes rose 41.6%

Luxury Properties 505

Luxury Properties Real Estate Agent Inventory Real Estate 505

Housing Wire

NOVEMBER 7, 2023

That’s a 4% year-over-year increase of 511 principal agents since Q3 2022 and a 3% increase of 422 agents compared to the second quarter of 2023. Additionally, Compass posted a 98% principal agent retention rate for the quarter —the second-highest retention rate since the company went public in April 2021.

Agents 435

Agents Real Estate Agent Realtors Brokerage 435