Housing Wire

APRIL 3, 2025

Throughout the nearly yearlong debate over the National Association of Realtors (NAR) Clear Cooperation Policy (CCP), Zillow has been a staunch supporter of the policy. In 2021 , Zillow made the switch from individual syndication agreements with brokerages to IDX feeds, allowing it to obtain data directly from MLSs.

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Marketing Brokerage Sellers Agents 358

Housing Wire

APRIL 9, 2024

On Monday, the independent brokerage announced that it had acquired Springfield, Massachusetts-based Sears Real Estate. Founded in 1971 by Paul Sears, Sears Real Estate is owned and operated by the family of current National Association of Realtors president Kevin Sears. Kevin Sears, President of National Association of Realtors. “It

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Realty Brokerage Real Estate Realtors 448

Housing Wire

AUGUST 25, 2024

With technology changing faster than new agents answer phone calls, choosing the right real estate brokerage software can sometimes feel like a full-time job. Here’s why: Good software might help your brokerage stay afloat in a post-lawsuit market. The looming chaos from the commission lawsuits sure isn’t helping.

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Real Estate Brokerage Contracts Training 435

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. A federal court judge concluded on Friday that in regard to REX’s false advertising claims against Zillow, the firm has proven “falsity.”

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Advertising Real Estate Agent Real Estate Agents 370

Housing Wire

FEBRUARY 14, 2025

The appeal of REX Real Estate s antitrust suit against the National Association of Realtors (NAR) and Zillow began in earnest on Thursday when the three parties, along with the Department of Justice (DOJ), gathered at the Ninth District Court of Appeals in Honolulu for oral arguments before a three-judge panel.

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Advertising Legal Brokerage Design 312

Housing Wire

MARCH 28, 2022

As lenders adapt to a purchase-centered market , HousingWire spoke to Brian Boero, CEO of 1000watt , about opportunities to grow lenders’ effectiveness in the Realtor and broker market. HousingWire: What’s happening right now in the Realtor world that lenders should know more about? This has created an environment of scarcity.

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Realtors Real Estate Agent Marketing Advertising 370

Housing Wire

NOVEMBER 17, 2021

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

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Real Estate Brokerage Agents Advertising 397

Housing Wire

FEBRUARY 20, 2025

While Robert Reffkin and Compass are touting their success while pushing for the repeal of the National Association of Realtors ‘ (NAR) Clear Cooperation Policy, eXp Realty executives are claiming that the North American MLS system is helping to fuel their companys strong international growth.

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Realty Agents Real Estate Advertising 352

Housing Wire

SEPTEMBER 10, 2024

We looked at pricing, design quality, ease of use, lead generation features, and then combed online reviews to get feedback from other working Realtors. With competition for online leads heating up, we think AgentFire’s brand-first approach can be a game changer for brand-conscious agents, teams and even boutique brokerages.

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Real Estate Agent Real Estate Brokerage Agents 448

Housing Wire

DECEMBER 2, 2024

In a new episode of the “ Real Estate Insiders Unfiltered Podcast ,” hosts James Dwiggins and Keith Robinson speak with Collabra Technology CEO Russ Cofano to dive into cooperative compensation and the National Association of Realtors ‘ (NAR) Clear Cooperation Policy (CCP), among other subjects. The CCP will work itself out.

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Real Estate Brokerage Advertising Agents 360

Housing Wire

FEBRUARY 6, 2024

REX Real Estate is back again trying to get a new trial in its false advertising lawsuit against Zillow. On Monday, the now defunct discount brokerage filed an appeal with the U.S. In mid-May 2022, REX ceased its brokerage operations. Due to this, Zilly ruled in January that REX would not be granted a new trial.

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Advertising Real Estate Brokerage Agents 448

Housing Wire

AUGUST 5, 2024

per the terms of the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement. Steve Capezza said his firm, white-labeled brokerage Side , is taking a similar approach. At Side, we’ve invested millions into our brokerage platform, including in the quality of managers that run each market we are in.

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Sellers Buyers Agents Advertising 468

Housing Wire

JUNE 4, 2024

The recent announcement of Homie’s decision to strip its brokerage services and end employment for its real estate agents has once again brought the discussion of alternative models in real estate to the forefront. Many limited service brokerages have faced similar hurdles in their quest to disrupt the status quo.

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Real Estate Brokerage Clients Realtors 459

Housing Wire

NOVEMBER 16, 2023

The firm’s website advertises that it specializes in personal injury lawsuits. This explains why Michael Ketchmark, the lead attorney for the plaintiffs in the Sitzer/Burnett suit, chose to sue a whole different group of corporate brokerages in the Gibson lawsuit he filed just hours after the Sitzer/Burnett verdict was announced.

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Law Brokerage Advertising Real Estate 482

Housing Wire

MAY 7, 2024

The brokerage posted revenue of $225.5 Redfin’s brokerage revenue hovered around $125 million, up 5% from a year ago. Despite spending less than our major rivals on advertising, we continue to compete well for traffic.” Our brokerage sales initiatives are working,” Kelman said in a statement.

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Marketing Brokerage Advertising Agents 471

Housing Wire

DECEMBER 27, 2024

Marketing specialists: Marketing specialists handle the teams branding and advertising efforts. Team commission splits are typically lower than those of a traditional brokerage for an individual agent. Considering the median gross income of new Realtors is under $10,000 per year , the trade-off may be worth its weight in gold.

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Real Estate Tools Agents Real Estate Agent 418

Housing Wire

SEPTEMBER 4, 2024

Real estate marketing software provider MoxiWorks is looking to help agents up their game while complying with the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement that went into effect last month.

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Agents Advertising Real Estate Agent Real Estate 435

Housing Wire

AUGUST 21, 2024

After decades of opaqueness and several class-action lawsuits, on August 17, updated Multiple Listing Service ( MLS ) policies were enacted to comply with the National Association of Realtors ( NAR ) settlement’s required practice changes. Steve Baird is the President & CEO of Baird & Warner Real Estate.

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Real Estate Training Advertising Brokerage 435

Housing Wire

SEPTEMBER 6, 2024

Real estate agents largely felt prepared to tackle the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , according to the recently published Stephens Summer 2024 Real Estate Agent Survey.

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Agents Real Estate Agent Brokerage Realty 448

Housing Wire

AUGUST 7, 2023

Things are continuing to heat up in Zillow Group’s legal battle with discount brokerage REX Homes , as the September 18, 2023, trial date looms ever closer. In mid-May 2022, REX ceased its brokerage operations. REX chose to use Zillow’s services to advertise their for-sale properties on Zillow – for free.

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Advertising Law Brokerage Sellers 369

Housing Wire

AUGUST 17, 2023

Though the National Association of Realtors is not out of the legal woods yet, the trade group does have reason to celebrate. In the order, Zilly noted that NAR’s No-Commingling Rule was optional and that about 29% of Realtor-affiliated MLSs had not adopted the rule, without any repercussions from NAR.

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Advertising Legal Brokerage Realtors 370

Housing Wire

JULY 30, 2024

The August 17 deadline is looming, and many Realtors are gnashing their teeth over how they can share their seller’s offers of buyer broker compensation while still complying with the terms of the settlement. Nesthook has not been created by the National Association of Realtors, any Realtor Association or MLS.

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Buyers Realtors Agents Sellers 459

Housing Wire

JANUARY 22, 2025

As the debate surrounding the National Association of Realtors (NAR) Clear Cooperation Policy (CCP) rages on, California Regional MLS (CRMLS) CEO Art Carter chose to voice his stance on the issue in a nine-page op-ed posted on LinkedIn this week. The CCP acts as a safeguard against select brokerages keeping information exclusive and hidden.

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Brokerage Sellers Advertising Real Estate 391

Housing Wire

MAY 3, 2021

An Austin, Texas-based residential brokerage, REX filed a lawsuit in March , complaining its listings were unfairly relegated to the “other listings” tab instead of the “agent listings” tab on Zillow’s consumer-facing website, which draws billions of interested buyers and window shoppers each year.

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Brokerage Agents Advertising Legal 397

Housing Wire

SEPTEMBER 28, 2023

Originally filed by REX in March 2021 , against Zillow and the National Association of Realtors , the lawsuit alleges that changes made to Zillow’s website “unfairly hides certain listings, shrinking their exposure and diminishing competition among real estate brokers.” In mid-May 2022, REX ceased its brokerage operations.

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Advertising Legal Law Real Estate 435

Housing Wire

NOVEMBER 29, 2023

A common thought among brokers revolves around the idea that if your gross commission income or office size is not increasing, you’re not successfully growing your brokerage. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

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Agents Brokerage Training Real Estate 468

Housing Wire

MARCH 15, 2024

While many in the real estate industry were surprised by the news Friday morning that the National Association of Realtors had agreed to a nationwide settlement of the commission lawsuits for $418 million, Marty Green, a principal at law firm Polunsky Beitel Green , was not one of them. Almost any time in history the U.S.

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Agents Brokerage Advertising Real Estate 476

Housing Wire

OCTOBER 21, 2024

The controversial Clear Cooperation Policy from the National Association of Realtors continues to spark debate — for several reasons — among real estate professionals. On one side are brokerage leaders like The Agency founder Mauricio Umansky , who are firmly against CCP. “I Image generated by AI in Midjourney) With the Aug.

Brokerage 448

Brokerage Real Estate Sellers Agents 448

Housing Wire

MARCH 21, 2024

While the news of the National Association of Realtors’ settlement agreement in the commission lawsuits may have created panic at some brokerages , local Realtor associations and Multiple Listing Services (MLSs) said they were not only anticipating the news but were prepared for it.

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Realtors Agents Real Estate Logistics 459

Housing Wire

APRIL 23, 2024

During CoStar’s earnings call on Tuesday, Florance insisted that consumers and advertisers prefer a real estate portal with digital twins. “We Florance expressed confidence in CoStar’s business model, particularly in light of the recent commission lawsuit settlement by the National Association of Realtors. per share in cash and $2.75

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Real Estate Advertising Legal Brokerage 439

Housing Wire

JUNE 24, 2024

On Thursday, the DOJ filed an amicus curiae brief with the Ninth Circuit Court of Appeals, which is overseeing REX Real Estate’s appeal of its antitrust suit against the National Association of Realtors and Zillow. In mid-May 2022, REX ceased its brokerage operations.

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Advertising Legal Real Estate Brokerage 397

Housing Wire

OCTOBER 25, 2023

As Ketchmark began his questioning, he tried to show that the structure of HomeServices as the parent company of so many affiliates and franchises had the effect of enforcing the National Association of Realtors’ commission and Clear Cooperation policies. It’s in the best interest of the seller to have as many buyers as possible.”

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Sellers Realtors Agents Buyers 448

Housing Wire

OCTOBER 8, 2024

The Department of Justice could be ready to square off again with the National Association of Realtors — this time over an optional rule to prevent commingling of MLS and non-MLS listings. First, however, Klein had to convince MLSs and brokerages to put listings online in the form of virtual office websites (VOWs). Section 18.3.11

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Real Estate Brokerage Realtors Legal 475

Housing Wire

OCTOBER 25, 2024

This makes Agent Image ideal for teams and boutique brokerages that want a fully customized website with built-in CRM features. All plans require a $25 monthly IDX support fee which is not listed in their advertised pricing. That’s still a relative bargain, but a far cry from their advertised prices. UX design quality score: 4.8

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Design Agents Real Estate Brokerage 434

Housing Wire

AUGUST 19, 2024

17, 2024 , has come and gone, and the real estate industry is still plugging along, despite the business practice changes mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement now being implemented nationwide. The landmark date of Aug.

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Agents Sellers Realty Buyers 476

Housing Wire

MARCH 25, 2024

Under the terms of the settlement agreements reached by both Keller Williams and the National Association of Realtors (NAR), cooperative compensation is still allowed. From there, the executives went on to address questions of where and how agents could advertise offers of cooperative compensation.

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Agents Advertising Real Estate Sellers 468

Housing Wire

NOVEMBER 1, 2023

While the industry has yet to find out what Judge Stephen Bough’s injunction will say and the three defendants, the National Association of Realtors , Keller Williams and HomeServices of America , have vowed to appeal the decision, Barton believes his firm will thrive regardless the outcome.

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Real Estate Advertising Agents Legal 482