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. Real estate agents Josh Altman and Matt Proman, who are also cast members of the Bravo TV show “Million Dollar Listing,” co-founded the firm.

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Sellers Agents Real Estate Agent Real Estate 458

Housing Wire

SEPTEMBER 25, 2024

The Alabama Association of Realtors is calling out for change in national membership models. But according to many in the industry, Realtors in Alabama are not the only ones seeking more choice. Additionally, they note they will no longer be collecting their agents’ membership dues for the associations.

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Realtors Agents Real Estate Brokerage 392

Housing Wire

DECEMBER 20, 2024

Real estate professionals and even some local Realtor associations have begun pushing back against the National Association of Realtors (NAR) three-way membership. Phoenix Realtors (PAR) is one such association exploring alternative membership structures, but NAR is not having it.

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Realtors Real Estate Legal Law 345

Housing Wire

JULY 26, 2024

Secure payment provider Payload is launching a new payment and billing tool specifically geared to buyer agents , according to an announcement on Thursday. Payload has designed a tool to help agents bill their buyer clients.

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Tools Buyers Agents Contracts 456

Housing Wire

NOVEMBER 20, 2024

Nearly three quarters of recent American home sellers said in a Clever survey that using a traditional real estate agent is the best way to sell. Of the 73% who said they preferred using agents, 67% believe traditional real estate agents are still the best option and 6% favor discount agents.

Real Estate Agent 470

Real Estate Agent Real Estate Agents Sellers 470

Housing Wire

DECEMBER 5, 2024

From luxury property tours to laugh-out-loud real estate memes, these 21 agents and influencers bring the best of the industry right to your phone. Whether you’re an agent, a real estate investor or just love stunning homes, these real estate Instagram accounts are a must-follow. Thats where The Broke Agent comes in!

Real Estate 397

Real Estate Agents Real Estate Agent Luxury Properties 397

Housing Wire

OCTOBER 11, 2024

The real estate industry is currently divided over the National Association of Realtors’ Clear Cooperation Policy, but one local Realtor association and MLS has decided to move beyond just voicing an opinion. In an email sent to members on Oct.

Realtors 387

Realtors Legal Agents Real Estate 387

Housing Wire

MAY 21, 2024

The United States Department of Veterans Affairs will soon release a circular that “bridges the gap” on an agency law that prohibits a VA buyer from paying their real estate agent compensation, a VA official announced on Tuesday. In a statement issued on Tuesday, the MBA said that it welcomes this move from the VA.

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Buyers Agents Real Estate Agent Real Estate 523

Housing Wire

NOVEMBER 1, 2024

So, let’s start with the basics: What is a real estate broker vs. an agent? To answer that, we’ll take a deep dive into the differences between the many types of real estate professionals, including a real estate agent and a real estate broker. Summary What is a real estate agent? What does a real estate agent do?

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Real Estate Real Estate Agent Agents Brokerage 444

Housing Wire

JULY 12, 2024

The California Association of Realtors (CAR) evidently wants no part of the Department of Justice. The DOJ expressed concerns about possible loopholes the forms might contain, which could allow agents to skirt new rules implemented as part of the National Association of Realtors’ (NAR) antitrust settlement.

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Realtors Legal Agents Law 395

Housing Wire

NOVEMBER 5, 2024

The role of the real estate agent has been under the microscope of late as a result of class-action litigation over agent commissions, but the feedback agents want most about their practices comes from two sources — home buyers and sellers. This was unambiguous among homebuyers.

Real Estate Agent 385

Real Estate Agent Real Estate Sellers Agents 385

Housing Wire

AUGUST 22, 2024

District Court for the Central District of Utah, include the usual cast of antitrust lawsuit characters: the National Association of Realtors (NAR), Anywhere Real Estate , Keller Williams Realty , HomeServices of America , and RE/MAX. Defendants in the lawsuit, which was filed in U.S.

Realtors 482

Realtors Buyers Real Estate Brokerage 482

Housing Wire

JULY 24, 2024

RealReports , a proptech firm that offers an artificial intelligence-based platform for property data , announced a new partnership this week with the San Francisco Association of Realtors (SFAR) to provide access to its tool to an estimated 5,000 members in the Bay Area. The industry is at a crossroads.

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Realtors Tools Real Estate Agent Real Estate 394

Housing Wire

MAY 6, 2024

“There is no question that the industry will go through some transitions because of the settlements — ours and every other major player in the industry settled, the National Association of Realtors settled for more than $400 million ,” Abel said. “So, I know how long they work on things sometimes that don’t materialize.”

Real Estate Agent 494

Real Estate Agent Real Estate Agents Realtors 494

Housing Wire

AUGUST 20, 2024

Keller Williams is doing its best to live up to its reputation as a brokerage firm heavy on agent education. On Monday, the firm announced the launch of an agent resource webpage known as “Buyer and Seller Agent Tools to Thrive.” I really wanted to meet people where they are,” Abrams said.

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Agents Real Estate Agent Brokerage Real Estate 459

Housing Wire

DECEMBER 19, 2024

The move will add 400 agents to Real’s network and strengthen its presence in Las Vegas’ luxury real estate scene. Tina Urban Nest started operations in 2012 with a strong focus on putting agents first, Real explained. And in November, Real added the 400-agent team at Amerivest Realty. billion in 2023.

Brokerage 380

Brokerage Realty Agents Real Estate 380

Housing Wire

DECEMBER 27, 2024

To help, we reached out to real estate agents nationwide to compile our list of the best books for real estate agents. Best books for mindset Failing Forward by John Maxwell Rebecca Del Pozo , an agent and trainer out of Washington State, recommended this book, saying, I read this book in 2003 when I was a brand new real estate agent.

Real Estate Agent 380

Real Estate Agent Real Estate Agents Business 380

Housing Wire

JUNE 25, 2024

If real estate brokerages fail to make changes to their operations, 79% of them will be unprofitable if the terms of the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement lead to typical agent commissions dropping to 2%. This is according to a study published Tuesday by AccountTECH.

Brokerage 459

Brokerage Agents Realtors Real Estate 459

Housing Wire

MARCH 25, 2024

On the heels of the $418 million settlement recently announced by the National Association of Realtors (NAR), mortgage trade group Community Home Lenders of America (CHLA) has called on the U.S. Under the current system, the buyer agent’s commission is baked into the price paid for a home.

Agents 459

Agents Real Estate Agent Real Estate Buyers 459

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

JUNE 11, 2024

There is a large gap between how the American public feels about the business practice changes outlined in the National Association of Realtors’ nationwide commission lawsuit settlement agreement and how real estate professionals feel about them. In contrast, 89% of agents surveyed believe the lawsuits’ allegations lack validity.

Real Estate 434

Real Estate Agents Sellers Real Estate Agent 434

Appraisal Buzz

OCTOBER 31, 2024

Commissions paid to real estate agents representing buyers have remained essentially unchanged since new rules on commissions went into effect on August 17 , according to a new analysis from Redfin. Buyer’s agent commissions have fallen 17 basis points since January 2023, when they averaged 2.51%.

Real Estate Agent 386

Real Estate Agent Real Estate Agents Sellers 386

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 451

Real Estate Agent Real Estate Agents Modernization 451

Housing Wire

NOVEMBER 22, 2024

Plaintiffs Douglas Hardy, Glenn Champion and Dylan Tent on Thursday filed an amended complaint in their antitrust suit against the National Association of Realtors (NAR) in the U.S. Additionally, RealComp II , which is a “software company that manages the MLS and regulates the use of the MLS by brokers and agents,” is also a named defendant.

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Realtors Real Estate Real Estate Agent Agents 317

Housing Wire

JULY 24, 2024

The Real Brokerage has poached a high-performing Realtor team in Cleveland. Earlier in July, the company announced that it has surpassed 20,000 agents, adding about 1,000 agents per month over the course of 2024. Real now has agents in all 50 states and four Canadian provinces. Real provides the best of both worlds.

Agents 430

Agents Brokerage Training Real Estate 430

Housing Wire

OCTOBER 9, 2024

In its race against other brokerages to add agents, eXp Realty has scored big in California. Prime Real Estate Team is leaving the white-label brokerage Side and taking its 21 agents to eXp. eXp is one of a few national brokerages that are adding agents and teams at a rapid pace.

Realty 436

Realty Agents Brokerage Real Estate 436

Housing Wire

SEPTEMBER 30, 2024

The landmark antitrust lawsuit settlement agreed to by the National Association of Realtors (NAR) in March has put the practices of real estate agents in the spotlight for both regulators and clients alike. The study shows that there’s considerable homogeneity in the price outcomes of real estate agents.

Agents 471

Agents Real Estate Agent Real Estate Sellers 471

Housing Wire

SEPTEMBER 19, 2024

Real estate agents have white-knuckled their way through more than two years of suffocatingly high mortgage rates that have stymied sales, choked off inventory and pushed home prices to new all-time highs. I always think demand comes before supply in this situation,” said Redfin agent Justin Vold, who is based in Los Angeles. “If

Real Estate Agent 466

Real Estate Agent Real Estate Agents Buyers 466

Housing Wire

AUGUST 12, 2024

The firm has 10 offices and more than 1,200 agents throughout the state. “Joining Realty ONE Group MVP is not just a career milestone — it’s a strategic move towards empowering Realtors in a dynamic and forward-thinking environment,” Carlson said in a statement. MVP is not just evolving; it is transforming.

Realty 395

Realty Agents Realtors Real Estate 395

Housing Wire

AUGUST 2, 2024

home seller pays a 2.55% commission to the real estate agent hired by their buyer, down from an average of 2.62% in January, according to a Redfin analysis of MLS data. 28 and July 14 of this year to compare average commission rates paid to a buyer’s agent. The typical U.S.

Agents 436

Agents Buyers Real Estate Agent Sellers 436

Housing Wire

AUGUST 28, 2024

Iowa Realtor Lori Bogle has a similar story. Their stories of perseverance are pitch perfect for this moment of anxiety and uncertainty in the real estate industry as a result of the $418 million settlement of the commission lawsuits by the National Association of Realtors (NAR). It just doesn’t. So I love that.”

Agents 447

Agents Real Estate Realty Real Estate Agent 447

Housing Wire

MAY 7, 2024

With a 67% annual increase in agent count to 16,680 agents during the first quarter of 2024 , it is no surprise that The Real Brokerage also recorded an 86% annual increase in revenue to nearly $201 million. That means we believe a skilled agent will outperform an unskilled agent 10 to 1.

Agents 455

Agents Brokerage Training Business 455

Housing Wire

OCTOBER 1, 2024

The role and value of real estate agents has come under scrutiny since the National Association of Realtors (NAR) settled a bevy of antitrust lawsuits related to offers of agent compensation on Realtor-owned multiple listing services (MLSs). But Rayse also plans integration for seller agents sometime in 2025.

Agents 424

Agents Real Estate Agent Real Estate Brokerage 424

Housing Wire

SEPTEMBER 3, 2024

17, 2024 — the date that the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement went into effect — served as a reckoning of sorts. “I Living up to its legacy Keller Williams is a franchise known for its agent education efforts.

Brokerage 433

Brokerage Agents Real Estate Real Estate Agent 433

Housing Wire

NOVEMBER 4, 2024

The digital brokerage platform announced on Monday the addition of Amerivest Realty , a Florida-based brokerage, adding 400 agents across Florida , Colorado , Minnesota and Wisconsin to Real’s platform. He has held multiple leadership roles with the Florida Association of Realtors.

Realty 379

Realty Agents Brokerage Tools 379

Housing Wire

MARCH 13, 2024

In a world enamored with all things digital and AI , one would think that real estate agents don’t serve any purpose, but it’s totally untrue. What would the real estate world look like without the agent and the MLS? Despite the claims, a critically important truth is missing. Let’s take the soundbites out of it.

Real Estate Agent 466

Real Estate Agent Real Estate Agents Sellers 466

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.

Real Estate Agent 443

Real Estate Agent Real Estate Agents Buyers 443