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. Not only is this method popular, but it’s also well-regarded; 76% of sellers who worked with an agent felt their services were worth the cost.

Real Estate Agent 476

Real Estate Agent Real Estate Agents Sellers 476

Housing Wire

OCTOBER 29, 2024

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. Stubbornly high interest rates, low levels of inventory and elevated home prices are putting a strain on the often-limited budgets of first-time buyers. It is no secret that many first-time homebuyers are struggling.

Marketing 448

Marketing Real Estate Sellers Buyers 448

Housing Wire

NOVEMBER 1, 2024

Real estate agents and real estate brokers are both licensed real estate professionals who can assist buyers and sellers, but you should be aware of some key differences and state-specific distinctions. A real estate agent is a licensed professional who represents buyers or sellers in real estate transactions.

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

AUGUST 5, 2024

In less than two weeks , offers of compensation for buyers’ brokers will no longer be permitted on any MLS in the U.S, eXp Realty recently released forms that make it clear it is firmly up to the seller to decide whether or not they will offer buyer broker compensation.

Sellers 468

Sellers Buyers Agents Advertising 468

Housing Wire

NOVEMBER 11, 2024

It lets buyers see all of their options,“ Samuelson said. “If If you think about sellers, it enables them to see what their competition is, and it lets sellers come up with a strategy in terms of how they should work with their agent to sell their home. I have difficulty in that concept that because it disadvantages the seller.

Sellers 368

Sellers Brokerage Agents Buyers 368

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. Traditionally, sellers paid the buyer’s agent commission as well as their own agent’s commission.

Real Estate Agent 386

Real Estate Agent Real Estate Agents Sellers 386

Housing Wire

OCTOBER 15, 2024

On Friday, the brokerage notified the court that it was voluntarily dismissing Wasatch Front Regional MLS , which does business as UtahRealEstate.com , from the suit. As a flat-fee brokerage, Homie charged sellers a flat fee to list their property on the MLS. UtahRealEstate.com and Homie did not return requests for comment.

Brokerage 430

Brokerage Sellers Realty Realtors 430

Housing Wire

MARCH 14, 2025

She wrote that removing CCP in its entirely would be harmful to home buyers and sellers alike because some brokerages will hoard private listings, making them available only to consumers who work with one of their agents.

Sellers 328

Sellers Realtors Buyers Realty 328

Housing Wire

MARCH 10, 2025

Now, as brokerages experiment with private listing networks (PLNs) and MLS s push back, another fight has emergedwho should control where and how listings are shared. But because AI is about to reshape how buyers and sellers interact with listings entirely. Brokerages hoard exclusive listings to drive traffic to their own sites.

Realtors 326

Realtors Real Estate Brokerage Agents 326

Housing Wire

OCTOBER 31, 2024

What has changed for real estate brokerages since then? 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. “I’m Listing agents are only advertising their seller’s offer of buyer broker compensation if the seller instructs them to do so.

Real Estate 446

Real Estate Brokerage Agents Training 446

Housing Wire

OCTOBER 17, 2024

In 2011, he founded the innovative brokerage The Agency RE, and he recently launched a real estate agent trade group that aims to serve as an alternative to the National Association of Realtors (NAR). JA: With agent commissions poised to drop, a recent study showed that many brokerages would not be profitable at lower rates.

Real Estate 459

Real Estate Brokerage Agents Real Estate Agent 459

Housing Wire

DECEMBER 12, 2024

Leading real estate brokerage William Raveis is making another game-changing acquisition before the new year. This week, the firm announced the acquisition of Nantucket, Massachussetts -based brokerage Jordan Real Estate (JRE). Co-owners Gloria Grimshaw and David Callahan acquired the brokerage from founder Lucille Jordan in 2007.

Real Estate 364

Real Estate Brokerage Agents Realty 364

Appraisal Buzz

SEPTEMBER 9, 2024

The analysis centers on in-depth interviews conducted nationwide with numerous Redfin agents regarding the reactions of sellers and buyers to the changes. The average buyer’s agent commission, according to a Redfin report from July, was 2.55%, a little less than it was prior to the settlement’s announcement. I showed a $4.75

Sellers 397

Sellers Buyers Agents Advertising 397

Housing Wire

OCTOBER 15, 2024

Title valuation , brokerage and consulting services firm Title Success, which is powered by Bowe Digital , announced Monday that it has launched a newly designed website. Buyers looking to expand their agency’s footprint can easily access a vetted network of companies eager to sell.”

Business 430

Business Design Insurance Valuation 430

Housing Wire

NOVEMBER 7, 2024

Wacksman: That’s the Zillow app for a buyer and a seller. What does the buyer or seller want? One has to keep up with where the buyer and seller is going. Dwiggins: With this app, how do you balance between what the agents and the brokerage want with the sellers’ wants?

Real Estate 366

Real Estate Technology Sellers Agents 366

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

NOVEMBER 21, 2024

Morris: We’ve been on this mission with NAR, of course, to deliver Accredited Buyer’s Representative (ABR) courses. We’re trying to say that buyers and sellers, in my opinion, are willing to pay you. If you want to have successful brokerages, you need to have successful agents. NAR has the L.E.A.D

Real Estate 363

Real Estate Real Estate Agent Sellers Training 363

Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. According to the brokerage, 6.5% Buyers are picky and they don’t want to pay a dollar more than they need to,” the report said.

Sellers 516

Sellers Buyers Inventory Real Estate Agent 516

Housing Wire

DECEMBER 30, 2024

Some agents attribute stale inventory growth to unreasonable prices that repel would-be buyers from pursuing certain listings. “I explain to sellers that their house will sit on the market if its not fairly priced. There is some hope for potential buyers and sellers if mortgage rates decline.

Inventory 488

Inventory Sellers Housing Market Contracts 488

Housing Wire

DECEMBER 20, 2024

26 in Dallas to hear her full session on real estate brokerage economics. From fewer people having children to the average age of a home seller going up, demographic trends are shifting. The typical first-time home buyer is now 38, which is up from a buyer in their late 20s 40 years ago.

Real Estate 397

Real Estate Housing Market Marketing Realtors 397

Housing Wire

FEBRUARY 4, 2025

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 395

Clients Brokerage Advertising Sellers 395

Housing Wire

NOVEMBER 13, 2024

Compass is certainly known for luxury property sales , but the nation’s top brokerage based on sales volume is looking to offer even more support to agents working on these types of deals. On Tuesday, the firm launched Compass Resort, a network for agents in vacation-home markets and clients searching for second homes.

Agents 370

Agents Marketing Luxury Properties Real Estate 370

Housing Wire

DECEMBER 11, 2024

According to a company statement, this move will strengthen the brokerage’s presence in the Carolinas. United President Rick Haase credited United Queen City for driving this expansion with excellent management practices and brokerage growth. For-sale inventory is up 17.1% in the state compared to a year ago.

Real Estate 364

Real Estate Brokerage Agents Realty 364

Housing Wire

MAY 2, 2024

Things just keep getting better, according to real estate brokers surveyed for the Q2 2024 HousingWire BrokerPulse survey , with 54% who are “optimistic” about the next three months in residential brokerage, compared to some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey who felt the same.

Brokerage 446

Brokerage Training Real Estate Real Estate Agent 446

Housing Wire

AUGUST 22, 2024

In a lawsuit filed Thursday, real estate startup Homie Technologies claims that home seller consumers were not the only ones harmed by the real estate industry’s allegedly anticompetitive practices. Buyers using Homie would receive some or all of any BAC offered by the seller,” the complaint states.

Realtors 482

Realtors Buyers Real Estate Brokerage 482

Housing Wire

DECEMBER 16, 2024

The family-run brokerage firm recorded some legal w ins and losses , developed new tools for agents and clients , and navigated one of the slowest years for home sales in nearly three decades. It created a buyer representation certificate for agents. Hanna said this led the company to revamp some of its agent education.

Real Estate 367

Real Estate Brokerage Agents Buyers 367

Housing Wire

APRIL 30, 2024

As the July deadline for the implementation of the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement approaches, the trade organization is looking to iron out some details about buyer broker agreements.

Buyers 488

Buyers Open Houses Sellers Agents 488

Housing Wire

NOVEMBER 30, 2024

There’s been multiple studies showing that compensation is starting to decrease — especially on the buyer’s agent side. We don’t know if agents are signing buyer representation agreements before they show property. The lack of training and guidance by brokerages is horrible.

Real Estate 370

Real Estate Training Agents Brokerage 370

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

OCTOBER 29, 2024

In the latest episode of the RealTrending podcast , Amy Stockberger — broker-owner of Amy Stockberger Real Estate — joins Tracey Velt for a tantalizing conversation that covers her teamerage’s unique “Lifetime Home Support” model and other ways that agents can provide value to home buyers and sellers.

Real Estate 457

Real Estate Clients Agents Sellers 457

Housing Wire

MARCH 27, 2024

Brokerages took notice, resulting in a surge in companies and office locations competing for their share of listings, according to CoreLogic multiple-listing service data shared exclusively with HousingWire. In this environment of high rates and tight inventory, brokerages have had to become sharp elbowed.

Brokerage 475

Brokerage Realty Real Estate Inventory 475

Housing Wire

JUNE 11, 2024

Department of Veterans Affairs (VA) on Tuesday issued a temporary fix that will allow homebuyers using VA loans to pay for their real estate agent’s commission — i.e., the buyer-broker fee. The VA said it will develop a more permanent policy “as the real estate brokerage market restabilizes and new practices take hold.”

Buyers 523

Buyers Real Estate Real Estate Agent Brokerage 523

Housing Wire

MARCH 3, 2025

And while most of the talking points espoused on both sides of the debate remain fairly consistent, those who are in favor of the policy have recently started to claim that an agent who doesnt list their sellers properties on the MLS may be exposing themselves to legal liability. Those who dont want CCP are putting a restraint on trade.

Legal 332

Legal Sellers Realtors Agents 332

Housing Wire

APRIL 1, 2024

The recent settlement involving the National Association of Realtors and major real estate firms revolves around the practice of “broker cooperation,” where agents representing sellers share commissions with agents representing buyers. The DOJ believes that by eliminating it, affordability will improve for all. That is highly unlikely.

Sellers 493

Sellers Real Estate Agents Buyers 493

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 seller basically told them to drop dead,” O’Koniewski said. “So, This allows them to keep their net but lower the price.

Sellers 481

Sellers Agents Real Estate Buyers 481

Housing Wire

OCTOBER 31, 2023

A Kansas City jury has found the National Association of Realtors , HomeServices of America and Keller Williams guilty of colluding to inflate or maintain high commission rates through NAR’s Clear Cooperation Rule, in the Sitzer/Burnett buyer broker commission lawsuit. The defendants have been ordered to pay damages of $1.78

Brokerage 545

Brokerage Realtors Sellers Buyers 545

Housing Wire

JANUARY 17, 2025

On Friday, the largest brokerage in the country by sales volume announced that The Jennifer Leahy Team will be leaving Douglas Elliman to join the Robert Reffkin -helmed firm. “Compass empowers sellers to market their homes on their terms and gives buyers access to inventory unavailable elsewhere,” Leahy said in a statement.

Inventory 370

Inventory Brokerage Real Estate Sellers 370