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The Real Brokerage continues its expansion tear in California, Florida

Housing Wire

The Real Brokerage is a already a top 10 company in terms of transaction volume and sides and it continued its growth this week in two of the nation’s most populous states. Miami -based Real on Tuesday announced the addition of Harvest Realty , an independent brokerage in Southern California with 550 agents. billion.

Brokerage 397
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More first-time buyers rely on mortgage rate buydowns to afford homes

Housing Wire

According to HomeLight ‘s Top Agent Insights report released this week, real estate agents are feeling this and are being forced to switch up tactics to attract buyers. HomeLight is an Arizona -based real estate platform designed to connect agents with clients. 30 and Nov.

Buyers 482
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Compass launches client-facing portal with listings, docs and more

Housing Wire

The race is on for brokerages to capture clients in an incredibly difficult housing market, and Compass believes a new technology offering will give it an advantage. The brokerage on Monday launched Compass One, a client-facing portal that provides a guide through the process of both home buying and selling.

Clients 412
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Is Alabama’s buyer representation bill a legal protection or liability?

Housing Wire

The Department of Justice ( DOJ ) raised some eyebrows when it hinted that buyer representation agreements, if used as mandated in the National Association of Realtors (NAR) commission lawsuit settlement, may be a source of future antitrust litigation based on its statement of interest in the Sitzer/Burnett suit. And that is positive.

Legal 388
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Compass clients solicit class action suit against NWMLS

Housing Wire

Haag, in communication with NWMLS employees, said that real estate brokerage firms in Washington state, as members of NWMLS, have agreed to share all property listings with the entire brokerage community and the public for more than 40 years. Northwest MLS has declined to adopt those misguided, exclusionary rules. They dont, he said.

Clients 231
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Alabama law: Buyers don’t have to sign contract before home tours

Housing Wire

Alabama governor Kay Ivey has signed into law a bill that ensures homebuyers only have to sign a buyer brokerage agreement prior to submitting an offer on a property and not before touring a home with an agent. Ivey signed the bill into law on Tuesday after it passed the state Senate earlier this month.

Law 284
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What went wrong at Redfin?

Housing Wire

At the same time, agent counts at other publicly traded companies have exploded, with The Real Brokerage (+1,173%), Fathom Realty (+136.6%), Compass (+78.8%) and eXp Realty (+64.9%) leading the way. This dynamic makes many consumers willing to pay for a full-service brokerage, if for no other reason than to reduce their anxiety.

Brokerage 388