Housing Wire

AUGUST 1, 2024

When it comes to handling compensation eXp Realty is not mincing its words — it is not sharing its listing fee with the buyer’s broker. However, the firm says this does not mean it is unwilling to work with buyer’s brokers. But it will be their sellers who make the decision on an offer of compensation to a buyer broker.

Sellers 448

Sellers Buyers Agents Law 448

Housing Wire

MARCH 25, 2024

Cooperative compensation is still legal,” Papasan stressed. From there, the executives went on to address questions of where and how agents could advertise offers of cooperative compensation. Seller concessions is money that is being given by the seller directly to the buyer,” Papasan said.

Agents 468

Agents Advertising Real Estate Sellers 468

Housing Wire

DECEMBER 27, 2024

These roles include: Buyers agents: These agents focus on helping clients purchase a new home. Marketing specialists: Marketing specialists handle the teams branding and advertising efforts. Teams that use Ylopo can give their agents a serious edge when it comes to reaching more buyers and sellers and turning leads into deals.

Real Estate 418

Real Estate Tools Agents Real Estate Agent 418

Housing Wire

JUNE 17, 2024

Realtor.com is extending the reach of its buyer representation advertising campaign, according to an announcement on Monday. The listing portal argues that since sellers have an agent looking out for their best interests, buyers also deserve the same level of support.

Real Estate 468

Real Estate Buyers Advertising Agents 468

Housing Wire

SEPTEMBER 23, 2024

If the buyer ultimately purchases an $800,000 home, Zillow could pocket up to $9,600, while the agent assumes all the risk and performs all the work. Yet, referral fees between agents remain legal and largely concealed from consumers. Would buyers use Zillow if they knew that the commission is marked up, with 40% going to the platform?

Real Estate 491

Real Estate Agents Clients Advertising 491

Housing Wire

SEPTEMBER 17, 2024

“Everyone is adapting and coming up with business models and trying to settle in, and I think we are going to know a lot more about how this is going to really work a year from now,” said Matt Johnson, NHAR’s legal counsel. “So, For the most part, brokers said buyers are willing to sign these agreements.

Agents 448

Agents Sellers Buyers Realtors 448

Housing Wire

JULY 30, 2024

In late May, CRMLS added a seller concessions-in-price data field to its platform, allowing listing agents and brokers to list how much a seller was willing to contributes toward the buyer’s transaction costs, which could include their buyer representation fee.

Sellers 459

Sellers Advertising Realtors Agents 459

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. However, Zilly felt that Zillow had not demonstrated that REX is unable to satisfy the test for commercial advertising or promotion. On Friday, Judge Thomas Zilly, the U.S.

Advertising 369

Advertising Law Brokerage Sellers 369

Housing Wire

AUGUST 21, 2024

For Linda O’Koniewski , the broker-owner of Leading Edge Real Estate , one of the largest hiccups so far was when one of her agents brought a buyer offer that included concessions to a seller. The property had been listed for three months and was not advertised as offering any concessions.

Sellers 482

Sellers Agents Real Estate Buyers 482

Housing Wire

SEPTEMBER 26, 2024

The majority of agents (60%) also reported that they do not like that they can no longer advertise offers of buyer agent compensation on the MLS , while 20% like the change. Similarly, 59% of agents don’t like that commission costs may be shifted directly to buyers, compared to 19% of agents who view this change favorably.

Real Estate Agent 488

Real Estate Agent Real Estate Agents Buyers 488

Housing Wire

JULY 26, 2021

Solicitors are legally required when purchasing a home in Ireland.). They also had to pay for the brokerage sign outside their home, newspaper advertising, online ads and the brochures for potential buyers. Home buyers like my mother and father outside the U.S. And they paid a 1% fee to their solicitor for their purchase.

Real Estate Agent 397

Real Estate Agent Real Estate Sellers Legal 397

Housing Wire

DECEMBER 11, 2023

According to the attorney general’s office, their investigation found that “EasyKnock targeted consumers with online advertisements that used loan-like language and failed to adequately disclose that the company’s products require the consumer to sell their home to EasyKnock.”

Tenants 429

Tenants Landlords Law Advertising 429

Housing Wire

MARCH 15, 2024

In addition to the $418 million settlement amount, which will be paid into a court-controlled trust over a four-year period, NAR has also agreed to abolish all rules allowing seller’s agents to set compensation for buyer’s agents. It also agreed to prohibit broker compensation appearing in the MLS fields. It is going to be an absolute mess.”

Agents 476

Agents Brokerage Advertising Real Estate 476

Housing Wire

AUGUST 19, 2024

According to real estate professionals, the biggest adjustments they had to make this week was to get buyers to sign buyer representation agreements and to explain to sellers that while they don’t have to offer buyer broker compensation , they will most likely see most prospective buyers ask for some help in paying their agent.

Agents 476

Agents Sellers Realty Buyers 476

Housing Wire

MAY 3, 2021

REX replied to the legal filing in a company statement Monday. Zillow filed court papers Friday to dismiss an anti-trust lawsuit from REX on how it displays home-listings, litigation that challenges Zillow’s recent transformation as a company. Zillow and NAR can’t continue to stifle consumer choice,” the statement read.

Brokerage 397

Brokerage Agents Advertising Legal 397

Housing Wire

NOVEMBER 1, 2023

Barton also told listeners that Zillow believes complete disruption to the existence of buyer’s agents is improbable, as the firm believes it is important for buyers to have someone looking after their interests in the homebuyer transaction. However, if buyer’s agency does disappear, Zillow is considering models where the U.S.

Real Estate 482

Real Estate Advertising Agents Legal 482

Housing Wire

SEPTEMBER 6, 2024

“We have been expecting increased consumer engagement on the commissions front given how widespread/high profile the industry’s legal battles have been thus far, but we were surprised to see that it has already reached above the halfway mark,” the report stated.

Agents 448

Agents Real Estate Agent Brokerage Realty 448

Housing Wire

NOVEMBER 5, 2023

Real estate prospecting is a necessary activity for agents aiming to build a robust pipeline of buyer and seller leads. This process can include a variety of strategies and methods, such as cold calling, direct mail campaigns, online advertising, social media marketing, community engagement, and networking events. Why not join them?

Real Estate 476

Real Estate Tools Real Estate Agent Open Houses 476

Housing Wire

JUNE 11, 2021

A home inspector, hired and paid by the buyer typically, will look at the plumbing, electricity and the overall foundation of the home and then provide a report with their findings. While home inspections aren’t required, they provide the buyer with several important opportunities in the home-buying process.

Inspection 459

Inspection Appraisal Appraisal Process Buyers 459

Housing Wire

OCTOBER 25, 2023

“It’s in the best interest of the seller to have as many buyers as possible.” Ketchmark then posed an example where a seller agrees to pay their agent 3% in commissions and the seller’s agent finds a buyer who wants to pay $300,000 for his home.

Sellers 448

Sellers Realtors Agents Buyers 448

Housing Wire

OCTOBER 8, 2024

In its suit, the DOJ claimed the policy restrained “competition from brokers who use the Internet to more efficiently and cost effectively serve home sellers and buyers.” REX alleged that Zillow was engaging in false advertising by doing this. Samuelson said he believes good agents and brokers feel the same way. “If

Real Estate 475

Real Estate Brokerage Realtors Legal 475

Housing Wire

APRIL 3, 2024

CoStar has not been quiet about its goal to surpass Zillow, even running a series of advertisements during this year‘s Super Bowl to boost brand awareness. In prior notes, KBW had also referred to CoStar as the “top beneficiary” of a change to the buyer agent landscape.

Real Estate 481

Real Estate Agents Buyers Business 481

Housing Wire

AUGUST 4, 2023

Yes, you should certainly be able to post an impressive listing and understand the ins and outs of closing, but helping buyers and sellers means cultivating a diverse set of skills to navigate a complex and ever-changing real estate market. Perhaps a first-time buyer is realizing the dream of their first step to generational wealth building.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

JULY 9, 2024

According to the attorney general’s office, their investigation found that “EasyKnock targeted consumers with online advertisements that used loan-like language and failed to adequately disclose that the company’s products require the consumer to sell their home to EasyKnock.”

Lending 448

Lending Law Investors Advertising 448

Housing Wire

JULY 9, 2024

Just this week, I have spent time with successful people in the following pursuits: Technology consulting, software development, real estate sales, building construction and contracting, the law, nuclear physics innovation, advertising, medical sales, and product innovation. Also, architecture, store management, and payments services.

Real Estate Agent 435

Real Estate Agent Real Estate Agents Training 435

Housing Wire

MARCH 28, 2024

Hopeful their initial offer might be accepted or that they might beat out other potential buyers. Yes, the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing. Then, they might become hopeful. It doesn’t lend itself to a 24-hour cycle.

HOA 488

HOA Property Management Real Estate Agent Technology 488

Housing Wire

MARCH 21, 2024

Due to the terms of the settlement and the potential decrease in the number of buyers using representation, industry experts are predicting a decrease in the overall number of real estate agents. “If I would suggest that there has always been change.

Realtors 459

Realtors Agents Real Estate Logistics 459

Housing Wire

NOVEMBER 22, 2023

In fact, if you were to describe the home buying experience solely upon the things we see in advertisements, the process would end with the sales contract and all parties would merrily proceed directly to the handing over of the keys. It doesn’t lend itself to a 24-hour cycle. Yet more can be done to ease that 45-day average.

HOA 459

HOA Real Estate Agent Technology Real Estate 459

Housing Wire

APRIL 23, 2024

Colibri’s real estate continuing education course offerings vary by state, but a sampling of intriguing topics we researched include Fair Housing, ethics, handling multiple offers, educating buyers, handling trust funds and implicit bias training. Course offerings and bundles vary by states and according to state requirements.

Real Estate 476

Real Estate Best Value Agents Design 476

Birmingham Appraisal

FEBRUARY 11, 2025

Incorrect classifications: A space that doesnt meet legal requirements for a finished living area (e.g., Renegotiation or contract issues: A low appraisal may require price negotiations, additional buyer funds, or in some cases, cause the deal to fall apart. Different Measurement Standards Not all measurement standards are the same.

Appraisal 68

Appraisal Real Estate Agent Real Estate Agents 68

Raleigh Realty

MARCH 23, 2021

Buyers want to work with the best local Realtors® to help them when buying a home because it is such a large financial purchase with so many different components involved. It's important to reverse engineer the sales process as a seller as you will want to understand who your target buyer is and that is likely someone working with a Realtor.

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133

Chicagoland Appraisal Blog

MARCH 17, 2024

As a property owner, it’s common to field questions about the legality of apartment units like those in a basement, attic, or coach house. ” But why does it matter if it’s a legal unit? Value The distinction between a legal apartment and an accessory unit influences the property’s value.

Legal 60

Legal Advertising Development Appraisal 60

Lamacchia Realty

OCTOBER 29, 2024

His videos urged REALTORS® to get out and service buyer and seller clients as essential workers who needed to continue their work despite the pandemic. During the recent NAR legal settlement, he again stood out as a leader. Maribeth and Rick followed his advice, leading to their best year ever!

Real Estate 74

Real Estate Realty Realtors Brokerage 74

McKissock

AUGUST 5, 2020

Agent Marketing claims that working with FSBOs attracts more listings and buyer leads. They recommend helping FSBOs market their properties for free for 30 days while becoming a “buyer agent” to get paid. In addition, such false advertising also violates Florida laws because it is false, deceptive, and misleading.

Advertising 95

Advertising Realtors Real Estate Agents 95

McKissock

MAY 15, 2023

Don’t assume that because you know real estate from an appraiser’s perspective, that you can represent buyers or sellers successfully.) Consider the cost of advertising. If you’re taking over an existing business—especially if you’re working primarily with banks—your advertising budget will probably be small.

Business 71

Business Appraisal Advertising Real Estate 71

Eppraisal

AUGUST 19, 2022

Home buyers almost always have a professional home inspection performed by a licensed inspection company when they purchase a home. If there aren't many issues, or just minor ones that you don't wish to fix, you can price your house accordingly if the buyers will only have a few items to resolve after closing.

Inspection 68

Inspection Sellers Advertising Home Value 68

Lamacchia Realty

DECEMBER 11, 2023

From the Covid-19 driven frenzy in 2020 to the significant inventory slowdown this year , buyers , sellers , and agents have all had adapt and grow comfortable with change. Time : Unless you plan to take a lot of time off from work, people simply don’t have enough time to do everything necessary to market the property to prospective buyers.

Realtors 74

Realtors Real Estate Agent Sellers Realty 74