Housing Wire

DECEMBER 20, 2023

So he did what a lot of retail loan officers in the industry were doing — Mike would reclassify a self-generated lead as a corporate-generated lead, thus slashing his compensation from 125 basis points down to as low as 50 bps, giving him a low enough rate to win the client and eventually close the deal. The lower comp rate stung. .”

Loan Officers 482

Loan Officers Clients Law Legal 482

Housing Wire

MARCH 25, 2024

Cooperative compensation The vast majority of questions addressed on the call dealt with whether or not buyer’s representation was going away, and how agents will get paid for the services they provide to clients. Cooperative compensation offers can also be — and should be, if the client wishes — included in purchase agreements.

Agents 468

Agents Advertising Real Estate Sellers 468

Housing Wire

SEPTEMBER 26, 2024

In the six months since news of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement broke, agent attitudes toward the settlement’s required business practice changes have only slightly improved. This is according to a study published earlier this week by real estate technology firm Clever Real Estate.

Real Estate Agent 488

Real Estate Agent Real Estate Agents Buyers 488

Housing Wire

SEPTEMBER 23, 2024

Consider this scenario: A homebuyer clicks to connect with a Realtor through Zillow. Agents are incentivized to refer clients to the highest bidder rather than acting purely in the consumer’s best interest. This can amount to as much as half of the agent’s commission for minimal effort on the referrer’s part.

Real Estate 490

Real Estate Agents Clients Advertising 490

Housing Wire

AUGUST 21, 2024

While there have not been any “ horror stories ” in the first few days since business practice changes mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement were implemented, that doesn’t mean it has been completely smooth sailing for real estate professionals.

Sellers 482

Sellers Agents Real Estate Buyers 482

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. “Maybe the local company or the MLS does, but we don’t,” Blefari testified.

Sellers 448

Sellers Realtors Agents Buyers 448

Housing Wire

MAY 30, 2024

Bright MLS , the nation’s second-largest multiple listing service, is set to overhaul its platform this summer to align with new standards stemming from the National Association of Realtors ’ recent settlement of the real estate agent commission lawsuits. Starting Aug. This field is negotiable and not mandatory.

Agents 448

Agents Advertising Real Estate Agent Buyers 448

Housing Wire

OCTOBER 20, 2023

Unfortunately, posting one random social media selfie per week isn’t going to help you nurture long-standing relationships with potential clients, nor will sending a single marketing email. Advertising on Zillow can put your website in front of millions of potential buyers and sellers. estate lead generation and client conversion.

Real Estate 448

Real Estate Tools Open Houses Advertising 448

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. But this is down from roughly 66% in Stephens’ first quarterly survey.

Agents 448

Agents Real Estate Agent Brokerage Realty 448

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 The integration of Matterport to Homes.com will allow homebuyers to view properties online, helping agents to provide even more value to their clients. per share in cash and $2.75

Real Estate 433

Real Estate Advertising Legal Brokerage 433

Housing Wire

DECEMBER 27, 2023

That first party led Dillard to meeting some of her first friends in the area, and some of her first real estate clients, too. If they’re your personal clients and you want them to be there, pick up the phone and call them,” she said. Oh, well, she’s a Realtor, but she does these great events for the community,’” Dillard said. “It

Real Estate 459

Real Estate Business Advertising Clients 459

Housing Wire

DECEMBER 27, 2024

However, most teams are built with the same objectives playing to each individuals strengths to provide top-tier service to their clients. This can sometimes take the focus off client service, though it doesnt have to. This enables the team to handle more clients and close more deals than any individual agent could do alone.

Real Estate 418

Real Estate Tools Agents Real Estate Agent 418

Housing Wire

MARCH 22, 2024

According to the National Association of Realtors ® (NAR), 70% of broker/broker associates and 69% of sales agents have a website. Then, drive traffic to your home valuation page using social media or targeted advertising. Drive leads to home valuation landing pages It’s the 21st century.

Real Estate 448

Real Estate Sellers Real Estate Agent Tools 448

Housing Wire

FEBRUARY 28, 2024

This is why creating an avatar of your ideal client and creating content for them (and only them) should be your primary goal on social media. To generate leads from your social media posts, you need to know your ideal client’s fears, desires, and understand the problems you can solve for them. All created by Realtors, for Realtors.

Real Estate 482

Real Estate Marketing Tools Contracts 482

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.

Marketing 418

Marketing Loan Officers Real Estate Agent Advertising 418

Housing Wire

NOVEMBER 29, 2023

According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years. Quantifiable impact on business metrics Decrease in turnover costs When discussing turnover costs, most brokers consider immediate expenses, such as recruitment advertising and training resources.

Agents 468

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.

Agents 476

Agents Brokerage Advertising Real Estate 476

Housing Wire

MAY 20, 2024

The National Association of Realtors (NAR) proposed settlement of litigation, recently given preliminary approval by the Court, has raised questions about whether buyers with limited resources, especially first-time home buyers , can afford closing costs. In a seller’s market, that may well occur.

Buyers 465

Buyers Agents Counter Offer Sellers 465

Housing Wire

OCTOBER 5, 2021

According to the National Association of Realtors’ existing home sales report in August, inventory was down 13.4% Low inventory means fewer choices for homebuyers, but for years enterprising real estate agents have worked around tight market conditions by searching for off-market homes that fit their clients’ specifications.

Real Estate Agent 459

Real Estate Agent Real Estate Agents Marketing 459

Housing Wire

OCTOBER 17, 2023

According to the National Association of Realtors (NAR), some 96% of homebuyers use the internet in their home search. Your target client is likely a busy professional juggling personal and work responsibilities and hopping from one Open House to the next on the weekends.

Real Estate 476

Real Estate Real Estate Agent Agents Tools 476

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.

Real Estate 355

Real Estate Brokerage Advertising Agents 355

Housing Wire

SEPTEMBER 18, 2024

Perhaps the client wishes to make a purchase that isn’t in the agent’s geographical area or their wheelhouse of expertise. Instead of giving up the business, the referring agent introduces the potential client to another real estate agent who is better positioned to help them. What are the benefits of referrals? It’s a win-win!

Real Estate 468

Real Estate Real Estate Agent Agents Brokerage 468

Housing Wire

NOVEMBER 16, 2023

New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. Ideal for realtors looking for functionality without a big price tag.

Real Estate 435

Real Estate Marketing Real Estate Agent Tools 435

Housing Wire

SEPTEMBER 17, 2024

For agents in New Hampshire , this week marks two months since PrimeMLS , the state’s multiple listing service , implemented the business practice changes outlined in the National Association of Realtors’ nationwide commission lawsuit settlement agreement. It is a seller decision, not an agent decision.”

Agents 448

Agents Sellers Buyers Realtors 448

Housing Wire

JULY 1, 2024

According to Shkipin, this ignores the fact that buyer’s brokers in 40 states are allowed to negotiate buyer rebates with their client. . … When sellers make such offers, buyer brokers need not compete on price to attract buyers.’”

Buyers 430

Buyers Law Sellers Advertising 430

Housing Wire

DECEMBER 5, 2024

From client quirks to open-house mishaps, his posts are so relatable that youll swear hes been shadowing your day-to-day. A post shared by The Agency (@theagencyre) Actionable Insights High-quality visuals can elevate your brand and attract more clients Showcase aspirational properties to capture the attention of luxury buyers 2.

Real Estate 397

Real Estate Agents Real Estate Agent Luxury Properties 397

Housing Wire

AUGUST 7, 2023

So that indicates to us that realtors are interested in what we have to offer and passing that on to their clients (…) We have been excited to see that increase. We’re dedicated to growing the business by significantly elevating the client experience through a comprehensive ecosystem,” Emerson said. million in Q1.

Advertising 370

Advertising Clients Loan Officers Finance 370

Housing Wire

OCTOBER 31, 2024

Thursday marks the one-year anniversary of the jury verdict in the Sitzer/Burnett commission lawsuit , which found the National Association of Realtors (NAR) HomeServices of America and Keller Williams liable for artificially inflating agent commissions. At NextHome, agents are no longer engaging in cooperative compensation.

Real Estate 448

Real Estate Brokerage Agents Training 448

Housing Wire

OCTOBER 3, 2023

Compound that with the many sexual harassment and incompetency claims recently leveled against the National Association of Realtors (NAR) , and the confusion is understandable. Sadly, the understanding of the difference between a client and a customer is pitifully poor in our industry. But you do so at your own risk. Imagine that.

Agents 435

Agents Buyers Training Law 435

Housing Wire

MARCH 20, 2024

Friday’s bombshell – the National Association of Realtors ‘ proposed $418 million settlement of real estate commission lawsuits – set off a frenzy of trading for stocks in the residential real estate sector. Zillow declined to comment on recent stock price movements.

Investors 482

Investors Agents Real Estate Buyers 482

Housing Wire

OCTOBER 25, 2024

Standout features: Done-for-you lead generation, advanced CRM with AI features, Etta home search app, neighborhood guides, featured listing and neighborhood/property type listing pages See it live: Denver House Hunters Why we love it CINC combines purpose-built IDX websites and done-for-you PPC advertising with an advanced AI-powered CRM.

Design 433

Design Agents Real Estate Brokerage 433

Housing Wire

OCTOBER 20, 2023

With its potential to reach new clients and gain tremendous ROI, social media has become one of the most effective marketing tools for businesses big and small. Advertise open houses Post about open houses to both your grid and stories multiple times leading up to the event, as this ensures that it will reach the most people.

Real Estate 435

Real Estate Agents Real Estate Agent Decorating 435

Housing Wire

AUGUST 4, 2023

Real estate professionals who listen carefully better understand their clients’ wants and needs. They won’t waste time on mismatched properties or investments beyond a client’s reach. This does not mean you should allow clients to walk all over you. Decipher property valuation software for clients?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

MARCH 28, 2024

In fact, if you were to describe the home-buying experience solely upon the things we see in advertisements, the home-buying process would end with the sales contract, and all parties would merrily proceed directly to the handing over of the keys. However, the settlement process varies from client to client, location to location.

HOA 488

HOA Property Management Real Estate Agent Technology 488

Housing Wire

JANUARY 21, 2022

At the close of 2019, the National Association of Realtors had 1.4 The pandemic forced many to take online classes, limited in-person interaction with clients and deprived them of the opportunity to observe their mentors and brokers in action. My clients went in $10,000 over asking and they probably were not even in the top three.

Agents 397

Agents Real Estate Agent Real Estate Clients 397

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. Trusted by over 7,000 agents and teams , Real Geeks’ all-in-one platform offers enough features to keep Realtors at all levels of their careers happy. Here our our picks.

Real Estate Agent 448

Real Estate Agent Real Estate Brokerage Agents 448

Housing Wire

JULY 15, 2021

Nonprofits like HomeFree-USA also have a network of realtors, lenders, home inspectors and title companies that they work with on a regular basis, offering clients like Davis, who are seeking further assistance or advice, options for the resources and support they may need.

Clients 418

Clients Development Lending Inspection 418