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 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

JUNE 18, 2024

Redy , an online marketplace that rewards home sellers for selecting a real estate agent who best aligns with their sales goals, announced its launch in five markets on Tuesday. The Redy online platform is now available to home sellers in Atlanta , Dallas , Orlando , Phoenix and San Diego.

Sellers 459

Sellers Agents Real Estate Agent Real Estate 459

Housing Wire

APRIL 1, 2025

On Tuesday, at the preliminary approval hearing for defendant MLS Property Information Networks (MLS PIN) settlement, Judge Saris r efused to grant preliminary approval to the settlement as the plaintiffs and defendants were hoping to expand the class to include commercial property sellers and mobile home sellers.

Sellers 271

Sellers Real Estate Buyers Realtors 271

Appraisal Buzz

JULY 18, 2022

It has been advertised that most markets lack substantial supply of homes – especially for low- and moderate-income housing. This might manifest itself with lower offers that are acceptable to the seller, but price isn’t the only aspect of a transaction. Sellers are panicking right now which is almost always an opportunity for buyers.

Sellers 435

Sellers Marketing Market Value Home Value 435

Housing Wire

MARCH 22, 2024

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024. If you want a shot at generating seller leads online, you need one, too.

Real Estate 448

Real Estate Sellers Real Estate Agent Tools 448

Housing Wire

MARCH 26, 2025

Under the National Association of Realtors (NAR) new Multiple Listing Options policy, the trade group is allowing listing agents, with the signed consent and direct permission of their seller client, to delay publicly marketing a listing through Internet Data Exchange (IDX) feeds and syndication.

Marketing 221

Marketing Brokerage Sellers Advertising 221

Appraisal Buzz

SEPTEMBER 9, 2024

Redfin has reported that following revisions to industry rules required by the National Association of Realtors lawsuit settlement , commission negotiations have grown more regular in certain markets and at higher price points. I recently had a seller decide to offer 1.5%. That will likely drive fees down over time.”

Sellers 397

Sellers Buyers Agents Advertising 397

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.”

Advertising 370

Advertising Real Estate Agent Real Estate Agents 370

Housing Wire

AUGUST 1, 2024

As brokerage firms fine tune how to handle the business practice changes outlined in the terms of the National Association of Realtors’ nationwide commission lawsuit settlement agreement , which are set to go into effect on August 17 , many are focusing on how their agents will handle compensation on both the buy-side and the sell-side.

Sellers 448

Sellers Buyers Agents Law 448

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.

Realtors 370

Realtors Real Estate Agent Marketing Advertising 370

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. In the U.S.,

Realty 352

Realty Agents Real Estate Advertising 352

Housing Wire

AUGUST 9, 2024

In a recent episode of the Real Estate Insiders Unfiltered Podcast, the hosts dive into commission sharing practices for agents, the associated risks and the alternatives ahead of the National Association of Realtors ‘ (NAR) business practice changes that are set to take effect on Aug 17.

Real Estate 448

Real Estate Advertising Legal Agents 448

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.

Buyers 459

Buyers Realtors Agents Sellers 459

Housing Wire

FEBRUARY 6, 2024

REX Real Estate is back again trying to get a new trial in its false advertising lawsuit against Zillow. In January 2022, NAR filed a countersuit claiming that REX uses false advertising and misleading claims to deceive consumers in violation of the Lanham Act, but the countersuit was dismissed in late April 2022.

Advertising 448

Advertising Real Estate Brokerage Agents 448

Housing Wire

DECEMBER 27, 2024

Sellers agents: Listing agents specialize in representing sellers. Marketing specialists: Marketing specialists handle the teams branding and advertising efforts. Considering the median gross income of new Realtors is under $10,000 per year , the trade-off may be worth its weight in gold.

Real Estate 418

Real Estate Tools Agents Real Estate Agent 418

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 466

Buyers Agents Counter Offer Sellers 466

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 a negotiation with the seller.”

Sellers 448

Sellers Realtors Agents Buyers 448

Housing Wire

AUGUST 21, 2024

Our family established Baird & Warner more than a century ago with a mission to serve buyers and sellers with transparency and integrity, and we’ve endured many changes in our industry during this time. Doing the right thing is easy in theory, but often the hardest in practice.

Real Estate 435

Real Estate Training Advertising Brokerage 435

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 Sellers 448

Housing Wire

FEBRUARY 24, 2025

People will stick around for entertainment, so show off LinkedIn realtor expertise! Expired sellers and FSBOs: This is for the bravest of agents out there! Look up expired sellers and FSBO sellers on LinkedIn and send them a message. Offer to help and ask if theyd like you to come over and see the property.

Real Estate Agent 312

Real Estate Agent Real Estate Agents Tools 312

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.

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 in line with the 68% of sellers who said they believe the former commission structure was unfair.

Real Estate Agent 488

Real Estate Agent Real Estate Agents Buyers 488

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

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. Instead, they focus on advertising properties for sale and oer historical information.

Brokerage 391

Brokerage Sellers Advertising Real Estate 391

Housing Wire

AUGUST 7, 2023

In mid-June, the three parties involved in the suit, Zillow, REX and the National Association of Realtors (NAR), all filed motions for summary judgment on at least some issues, if not the entire lawsuit. However, Zilly felt that Zillow had not demonstrated that REX is unable to satisfy the test for commercial advertising or promotion.

Advertising 369

Advertising Law Brokerage Sellers 369

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

JUNE 4, 2024

I pondered how they could offer the assistance that buyers and sellers required at such competitive rates. When Homie arrived in town, I recognized the need to differentiate myself by offering a level of service and representation that buyers and sellers would be unable to find at a limited service brokerage.

Real Estate 459

Real Estate Brokerage Clients Realtors 459

Housing Wire

JULY 1, 2024

In its statement of interest, the DOJ claims that the changes MLS Property Information Network (MLS PIN) proposed for its commission rule “still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers. … When sellers make such offers, buyer brokers need not compete on price to attract buyers.’”

Buyers 431

Buyers Law Sellers Advertising 431

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. Why would we not disclose that info in MLS?

Agents 476

Agents Sellers Realty Buyers 476

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.

Advertising 435

Advertising Legal Law Real Estate 435

Housing Wire

MAY 7, 2024

Despite spending less than our major rivals on advertising, we continue to compete well for traffic.” The National Association of Realtors has also reached a nationwide settlement of the commission lawsuits. “Each of our business segments performed at the top of the range we set last quarter, or above that range.

Marketing 471

Marketing Brokerage Advertising Agents 471

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

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. Fooling themselves’ While some in the real estate industry find the argument of increased seller choice compelling, others are not buying it.

Brokerage 448

Brokerage Real Estate Sellers Agents 448

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.

Advertising 370

Advertising Legal Brokerage Realtors 370

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.

Realtors 459

Realtors Agents Real Estate Logistics 459

Housing Wire

FEBRUARY 28, 2024

All created by Realtors, for Realtors. So if you want to actually generate leads from social media, focus on telling stories that resonate with local buyers and sellers. So get over your fear of being perfect and just start creating content that resonates with buyers and sellers in your farm area. Touring a new listing?

Real Estate 482

Real Estate Marketing Tools Contracts 482