Housing Wire

AUGUST 28, 2024

While some in the real estate industry are expecting to see a decline in the number of buyer’s agents as a result of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement , others have taken it a step further and are betting their companies on it. Meet the AI real estate agent.

Real Estate Agent 468

Real Estate Agent Real Estate Agents Modernization 468

Housing Wire

JULY 12, 2023

You know what loan officers and real estate agents love almost as much as cashing a commission check? Complaining about other loan officers and real estate agents. It shouldn’t surprise you that a sizable percentage of newer LOs and real estate agents are washing out in the current market.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Loan Officers 370

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Brokerage 448

Housing Wire

JULY 10, 2024

In a difficult housing market for Realtors, experience matters — a lot. That’s the conclusion of the 2024 Member Profile poll from the National Association of Realtors (NAR), which shows a sharp divergence in income when comparing more experienced agents to their less experienced colleagues. million per agent in 2022 to $2.5

Realtors 435

Realtors Inventory Agents Clients 435

Housing Wire

NOVEMBER 14, 2022

Full-service mortgage lender Nations Lending and local Indiana real estate firm Carpenter Realtors launched a joint venture, Commitment Mortgage , in order to offer an end-to-end experience — from finding a home to closing a loan in a cooled-down housing market. “We trillion in 2022, down from the previous year’s $4.4

Lending 370

Lending Realtors Real Estate Agent Mortgage 370

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.

Real Estate Agent 488

Real Estate Agent Loan Officers Real Estate Agents 488

Housing Wire

JANUARY 16, 2024

The latest copycat commission lawsuit alleges that real estate industry players in Nevada have colluded to artificially inflate real estate agent commissions. District Court in Las Vegas by Nathaniel Whaley, who sold a home in Las Vegas in April 2022 and paid a buyer broker commission.

Realtors 476

Realtors Real Estate Real Estate Agent Sellers 476

Housing Wire

JULY 24, 2024

The real estate market has witnessed significant fluctuations over the years, and the accompanying challenges for real estate agents can offer valuable insights and opportunities. The aftermath of the 2008 crisis led to significant attrition among real estate agents.

Real Estate 476

Real Estate Real Estate Agent Agents Client Relationships 476

Housing Wire

MARCH 26, 2024

Since its inception in 1908, the National Association of Realtors (NAR) has undergone a remarkable transformation, with women now accounting for 62% of its membership, according to data for the trade organization. The median real estate agent revenue sits at $60,000 per year. Bureau of Labor Statistics data.

Real Estate 476

Real Estate Real Estate Agent Agents Realtors 476

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending. I hadn’t developed a network for mortgage lending with Realtors,” Woodward said about his work at Interfirst in Indiana.

Mortgage 526

Mortgage Marketing Retail Lending 526

Housing Wire

OCTOBER 4, 2023

San Francisco-based real estate team OWN Real Estate joined Keller Williams , the company announced on Wednesday. Founded by Wilson Leung, the team has 19 real estate agents and six staff members. In 2022, OWN Real Estate sold 80 homes, amounting to more than $107.1

Real Estate 468

Real Estate Real Estate Agent Brokerage Agents 468

Housing Wire

NOVEMBER 29, 2023

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. In 2022, Ryan ranked as the No. transaction sides and nearly $22.6 million in sales volume. billion in sales volume.

Realty 448

Realty Agents Real Estate Agent Real Estate 448

Housing Wire

OCTOBER 27, 2023

the National Association of Realtors (NAR), et al kicked off this week in a Kansas City, Missouri, federal courtroom, there is a lot at stake for consumers and business competition. Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules. population.

Real Estate Agent 488

Real Estate Agent Real Estate Realtors Buyers 488

Housing Wire

APRIL 3, 2024

The combined share of millennials, both younger (ages 25 to 33) and older (ages 34 to 43), made up a combined 38% of the home purchase market last year, up from 28% in 2022, according to the 2024 Home Buyers and Sellers Generational Trends report from the National Association of Realtors (NAR).

Marketing 526

Marketing Sellers Buyers Realtors 526

Housing Wire

SEPTEMBER 5, 2024

in 2022, according to HUD. An accessible checklist on the FHA website would give home sellers, buyers, housing counselors, real estate agents and others a reliable source of information, according to the report. of the U.S. mortgage market in 2023, up from 14.3% ”

Buyers 475

Buyers Real Estate Agent Inspection Real Estate 475

Housing Wire

NOVEMBER 18, 2024

For real estate agents, this economic reality can present both challenges and opportunities, and determine strategies in markets across the country. Home insurance premiums have climbed 45% from 2017 to 2022, contributing to a slowing sales market. inflation climbing to 2.6% Data from RentSpree and the U.S. Last year, 44.5

Real Estate 397

Real Estate Agents Real Estate Agent Marketing 397

Housing Wire

NOVEMBER 1, 2021

Staying productive and focused in the real estate market requires a combination of intelligent business decisions, technology and having a long-term approach to your strategy. That way, real estate agents can close sales without losing any potential leads. Speed-to-lead, guaranteed. Bottom Line.

Real Estate 435

Real Estate Real Estate Agent Agents Technology 435

Housing Wire

AUGUST 28, 2023

Her sales volume was of $25,146,500 in 2022. I’m excited to be working alongside the top real estate agents in Chicago and look forward to tapping into the Compass tools that are proven to scale agent business,” Hodge said in a statement. Dobbs, on the other hand, has nearly four decades of experience.

Real Estate Agent 370

Real Estate Agent Agents Realtors Brokerage 370

Housing Wire

JANUARY 27, 2023

Most retail lenders are desperately seeking high producing loan originators to make up for the losses that occurred in 2022. Under the revamped mode, business development officers build relationships with real estate agents to get leads and client advisors take incoming leads from borrowers. I thought it was sparse.

Lending 418

Lending Real Estate Agent Loan Officers Retail 418

Housing Wire

DECEMBER 18, 2024

A new real estate platform launching this month is offering homebuyers a glimpse into neighborhoods beyond the standard Zillow listing. Oyssey , a tech startup founded in 2022, is leveraging social data including age, education and income demographics as a means of understanding homebuyers beyond their standard housing preferences.

Real Estate 363

Real Estate Real Estate Agent Brokerage Contracts 363

Housing Wire

NOVEMBER 13, 2023

Joyce was named interim CEO in January 2022, after former CEO Adam Contos announced that he would be leaving RE/MAX in March 2022. .” With Carlson’s appointment, interim CEO Stephen Joyce is stepping down, however he will remain on the company’s board of directors.

Brokerage 435

Brokerage Real Estate Agent Real Estate Realtors 435

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. “I

Agents 435

Agents Real Estate Agent Brokerage Real Estate 435

Housing Wire

APRIL 8, 2024

Filed in late 2023 in Missouri by Daniel Umpa, a Maryland home seller, the Umpa suit , like the other commission lawsuits, accuses real estate industry players, including Real, of conspiring to artificially inflate real estate agent commissions. The Real Brokerage closed $14.4

Brokerage 397

Brokerage Real Estate Agent Real Estate Clients 397

Housing Wire

APRIL 23, 2024

The plaintiffs kept moving the finish line and I was sad as president of the National Association of Realtors not to be able to protect everybody, but at the end of the day we realized we need to be able to protect the most people that we can, and in this proposed settlement, that was what we were able to do,” Sears said.

Realtors 448

Realtors Brokerage Agents Real Estate 448

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

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?

Real Estate 459

Real Estate Real Estate Agent Brokerage Agents 459

Housing Wire

JUNE 27, 2024

As interest rates have remained comparatively high and property prices have soared, the for-sale market has stalled, resulting in many agents now selling only a few properties a year. Nearly half (approximately 49 percent) of about 2,000 real estate agents surveyed by the Consumer Federation of America sold fewer than two homes last year.

Agents 397

Agents Real Estate Agent Real Estate Tools 397

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.

Real Estate 454

Real Estate Realtors Agents Real Estate Agent 454

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

Appraisal Buzz

NOVEMBER 4, 2024

Housing Markets The median household income for the average homebuyer increased from $107,000 in 2022 to $108,800 in 2023. Agents, Lenders Assist Purchasers During Complex Homebuying Process With 86% of all purchasers using their services—the most of any information source—real estate agents were vital to the homebuying process.

Real Estate Agent 370

Real Estate Agent Buyers Sellers Real Estate 370

Housing Wire

JULY 28, 2022

“In a rising rate environment, interest in ARMs is starting to increase and UWM is continuing to provide our brokers with competitive and diverse products that will allow them to dominate their markets and further strengthen their relationships with realtors and borrowers,” said a UWM spokesperson. I just bought a home at 3.375%, 0.5%

Real Estate Agent 397

Real Estate Agent Realtors Mortgage Appraisal 397

Housing Wire

MAY 1, 2024

Just six months ago, when a Missouri jury found HomeServices of America, Keller Williams and the National Association of Realtors (NAR) liable for colluding to artificially inflate real estate agent commissions , the industry’s path forward was very murky. 16 to implement these changes. 16 to implement these changes.

Realtors 447

Realtors Real Estate Real Estate Agent Brokerage 447

Housing Wire

NOVEMBER 4, 2024

Newly released data from the annual profile of home buyers and sellers by the National Association of Realtors (NAR) shows just how dramatically this trend has manifested since the financial crisis of 2008. Elevated mortgage rates, sky-high home prices, tight credit and stagnant wages have all contributed to homebuyers getting older.

Real Estate Agent 345

Real Estate Agent Buyers Sellers Realtors 345

Housing Wire

NOVEMBER 7, 2023

The company also increased its agents count by 4%, reaching 14,055 principal agents in Q3. 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. Reffkin cited the Seattle market as reason for optimism.

Agents 435

Agents Real Estate Agent Realtors Brokerage 435

Housing Wire

DECEMBER 28, 2021

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. By the fall, real estate agents in Boise, Idaho were passing around a video they didn’t like but couldn’t resist watching. on pace for 6.29

Real Estate 476

Real Estate Realty Brokerage Realtors 476

Housing Wire

JANUARY 9, 2024

Together, the three agents will cover West Seattle and the Eastside areas of Seattle. A seasoned Realtor , Hines was Sotheby’s top broker in sales volume in West Seattle in 2018-2019 and also appeared on Forbes Market Leader’s list. million in real estate. In total, the team sold $68.6

Realty 448

Realty Brokerage Agents Real Estate 448

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. HW Media : What do you think will be the big themes for the housing market in 2022-2023?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Realtors 370