Housing Wire

SEPTEMBER 23, 2024

While many brokerages have made the decision in recent weeks to settle the commission lawsuits , white-label brokerage Side is taking a different tack. On Friday, the firm filed a motion to dismiss the QJ Team copycat commission lawsuit.

Brokerage 459

Brokerage Agents Realtors Realty 459

Housing Wire

JANUARY 31, 2025

Just a few years later, I was breaking sales records, and at age 27, I was on the cover of Realtor Magazines 30 Under 30. Colorado requires new Realtors to pass both a national and state real estate exam. Continuously refer back to the exam topics. Today, I lead one of Colorado’s most successful Keller Williams brokerages.

Real Estate 338

Real Estate Brokerage Insurance Legal 338

Housing Wire

SEPTEMBER 16, 2021

Referrals from past and repeat customers still generated the greatest number of inquiries for real estate firms in 2020 with 30% of brokerage business coming from this source, the same amount as in 2018, when the survey was last completed. In 2018, 1% of surveyed brokerages said their business came from open houses. million in 2018.

Real Estate 472

Real Estate Business Brokerage Open Houses 472

Housing Wire

APRIL 13, 2021

SentriLock , the home lockbox company wholly owned by the National Association of Realtors (NAR), announced Tuesday that they created a computer and smart phone platform to help real estate agents juggle their home showing appointments. The development is intriguing for a few reasons. Real estate agents and LOs: the great collaboration.

Real Estate Agent 435

Real Estate Agent Real Estate Brokerage Realtors 435

Housing Wire

AUGUST 14, 2024

He wanted to expand and switch the company to a brokerage model. He leveraged that commentary to scale his company and establish relationships with brokerages across the country. He refers to the scaling efforts as “invading” through a campaign of billboards, postcards, TV ads and other methods to recruit new agents and gather leads.

Real Estate 446

Real Estate Marketing Brokerage Realtors 446

Housing Wire

APRIL 26, 2021

The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month. Our agreement with Glide prohibits sharing members’ data without members’ consent,” a California Association of Realtors spokesperson emailed Monday. “Of sales volume behind only Realogy , according to RealTrend’s 2020 tally.

Agents 397

Agents Brokerage Real Estate Agent Realtors 397

Housing Wire

NOVEMBER 16, 2023

This explains why Michael Ketchmark, the lead attorney for the plaintiffs in the Sitzer/Burnett suit, chose to sue a whole different group of corporate brokerages in the Gibson lawsuit he filed just hours after the Sitzer/Burnett verdict was announced. 12 edition of his NotoriousROB email newsletter in reference to personal injury lawyers.

Law 482

Law Brokerage Advertising Real Estate 482

Housing Wire

FEBRUARY 6, 2025

The duo launched the company as a way of “pushing back on the settlement,” referring to the $418 million settlement agreed to by the National Association of Realtors (NAR) that involved allegations of colluding to artificially inflate agent commissions.

Client Relationships 221

Client Relationships Agents Technology Real Estate 221

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.

Agents 448

Agents Real Estate Agent Brokerage Realty 448

Housing Wire

DECEMBER 20, 2023

The National Association of Realtors , Keller Williams and HomeServices of America , have asked judge Andrea Wood to rule on the suit based on the evidence that has been presented during the discovery period of the proceedings. After almost five years of litigation, it is clear that Keller Williams Realty, Inc.

Real Estate 448

Real Estate Sellers Realtors Real Estate Agent 448

Housing Wire

FEBRUARY 27, 2024

Like the other commission lawsuits, the Umpa suit alleges that the National Association of Realtors (NAR) and more than a dozen other real estate industry firms have colluded to artificially inflate agent commissions. who sold a house on an MLS and used an agent from one of the brokerage defendants between Dec.

Realty 448

Realty Real Estate Law Brokerage 448

Housing Wire

OCTOBER 6, 2023

million ( Anywhere ) and $55 million ( RE/MAX ) payouts, both settlements contained nearly identical terms, including provisions to no longer require agents to be members of the National Association of Realtors or follow NAR’s Code of Ethics or the MLS Handbook. In addition to the already publicized $83.5 In the Sept.

Agents 435

Agents Brokerage Realtors Real Estate 435

Housing Wire

AUGUST 14, 2024

The brokerage utilizes a method it calls “make offer for immediate response,” or MOFIRs. Ryan Young, owner of the Ohio-based brokerage The Young Team , stressed the importance of building, maintaining and engaging with a database of buyers and sellers. This allows for an ongoing dialogue with potential leads. “The Medina said. “If

Real Estate Agent 435

Real Estate Agent Home Improvement Brokerage Valuation 435

Housing Wire

OCTOBER 9, 2023

In 1983 Jim Campbell launched what is believed to be the first joint venture experiment between a real estate brokerage and a title and settlement firm. First, certain disclosures must be made to the consumers who are being referred. AI-generated image of two lawyers scrutinizing title insurance joint venture agreements.

Real Estate 468

Real Estate Insurance Real Estate Agent Brokerage 468

Housing Wire

OCTOBER 26, 2023

She said that HomeServices does not meddle in operations, give advice, or advise on commissions or how the brokerage approaches Realtor association membership. Frazier also told the jury that ReeceNichols does not require agents to be members of the National Association of Realtors , but the local MLS does.

Law 435

Law Agents Brokerage Buyers 435

Housing Wire

AUGUST 13, 2024

As more brokerages and agents contemplate moving away from a cooperative compensation model , many are grappling with some tough questions, the most vexing probably being: What do I do if a seller is only willing to contribute part of the buyer broker’s fees, or none at all? Conflicts between the buyer and buyer agent are inevitable.

Clients 482

Clients Agents Buyers Sellers 482

Appraisal Buzz

FEBRUARY 4, 2025

That is down marginally from 2.45% a year ago, prior to the announcement of the new National Association of Realtors (NAR) commission standards , but it is practically unchanged from 2.36% in Q3, when the new rules went into effect. According to a recent Redfin analysis, the average buyers agent commission for properties sold in Q4 was 2.37%.

Agents 248

Agents Sellers Real Estate Agent Buyers 248

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. An originator since 1999, Read got his real estate license in 2014 and opened up his real estate brokerage in 2019.

Real Estate Agent 488

Real Estate Agent Loan Officers Real Estate Agents 488

Housing Wire

JANUARY 23, 2025

They help you stay top of mind with friends, family and acquaintances who may require your real estate services or refer clients to you in the future. For referral request postcards, politely ask your satisfied clients to refer friends, family or acquaintances who may benefit from your services.

Real Estate 305

Real Estate Open Houses Real Estate Agent Design 305

Housing Wire

MARCH 3, 2022

The real estate brokerage unveiled its first annual report Monday, a federally required document for any public company. Indeed, most other brokerages either do not provide an adjusted EBITDA figure or give one at less variance to net income. And agents who work at Compass say the brokerage gives them tools to be productive.

Brokerage 370

Brokerage Agents Real Estate Valuation 370

Housing Wire

NOVEMBER 3, 2023

Right now, the first suit to go to trial should be the Sitzer lawsuit (named after its lead plaintiff), which was scheduled to begin on February 21, 2023, but at the request of Anywhere (referred to as Realogy in all court filings), it has been postponed indefinitely, as reported by Real Estate Reporter Brooklee Han. Judge Stephen R.

Real Estate 345

Real Estate Brokerage Property Management Buyers 345

Housing Wire

JANUARY 13, 2022

“My Coldwell Banker agent office policy insists that we do not cut commission under any circumstance,” said one agent who requested anonymity to speak candidly about her company, which is part of the Realogy brokerage conglomerate. Gorman’s comments confuse me.”. Justice Department antitrust inquiry into NAR. Filed with the court on Nov.

Real Estate 418

Real Estate Brokerage Agents Real Estate Agent 418

Housing Wire

OCTOBER 30, 2024

Brokerage founder and CEO Robert Reffkin laid his firm’s plans for the future bare during its third-quarter 2024 earnings call with investors and analysts on Wednesday. While Reffkin’s vision for Compass may seem simple, there is one slight roadblock: the National Association of Realtors’ Clear Cooperation Policy (CCP).

Real Estate 345

Real Estate Inventory Brokerage Agents 345

Housing Wire

APRIL 4, 2022

22, according to the news release.The move allows Redfin agents in 91 markets to begin referring customers to one of 400 local Bay Equity loan officers as of Monday. Loan officers will continue “originating refinance and purchase loans for customers working with Redfin agents as well as customers working with other brokerages.”.

Mortgage 370

Mortgage Real Estate Agent Loan Officers Agents 370

Housing Wire

NOVEMBER 30, 2023

3] [4] Step 2: Select a sponsoring real estate brokerage The state of Ohio requires anyone who wants to be licensed as a real estate agent to be sponsored by a brokerage before they take the licensing exam. Ready to find a real estate brokerage? Look for a broker who specializes in that niche.

Real Estate 459

Real Estate Real Estate Agent Brokerage Agents 459

Housing Wire

SEPTEMBER 11, 2023

“In the past, we’ve always been dependent upon the real estate brokerage community, referring us to deals as loan officers,” Watanasuparp said. But in today’s marketplace with technology, we actually have the ability to get in front of the customer first, incubate the leads, and then give it back to the Realtors.

Loan Officers 418

Loan Officers Agents Retail Technology 418

Lamacchia Realty

NOVEMBER 11, 2024

Lamacchia Realty's Top Producing REALTORS® for October 2024! has released its “Top Producing REALTORS®,” for October 2024! This program recognizes the Top 10 REALTORS® company-wide and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc.

Realtors 69

Realtors Realty Real Estate Clients 69

Housing Wire

NOVEMBER 15, 2024

Real estate license reciprocity means an agent or broker’s ability to get licensed and operate or practice in a new state, whereas real estate license portability refers to an agent or broker’s ability to conduct a single transaction across state lines. Maryland Reciprocity: Partial. Maryland has reciprocity with Oklahoma and Pennsylvania.

Real Estate 370

Real Estate Training Agents Real Estate Agent 370

Housing Wire

APRIL 12, 2022

Samson is the CEO of Samson Properties , a rapidly growing Northern Virginia-based brokerage. Samson has a different business model and branding than Compass, but both brokerages identify as “agent-centric.”. DOJ has swooped into lawsuits against the National Association of Realtors and top brokerage firms.

Brokerage 370

Brokerage Agents Real Estate Insurance 370

Housing Wire

AUGUST 3, 2023

Originally filed in 2019, the lawsuit won class-action status shortly after, and alleges that some NAR rules, including one that requires listing brokers to offer buyers’ brokers a commission in order to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.

Realtors 370

Realtors Real Estate Sellers Buyers 370

Housing Wire

MARCH 27, 2024

Summary The Gathering by HousingWire Realtors® Legislative Meetings 2024 New York Real Estate Forum Buffini and Company Mastermind Summit Tom Ferry’s Success Summit RE!imagine If you’re a member of the Women’s Council of REALTORS®, tickets cost $350 through 5/6 or $375 on-site. Link to register 2. Another bonus: childcare is available.

Real Estate 457

Real Estate Realtors Agents Real Estate Agent 457

Housing Wire

OCTOBER 22, 2023

Requirements to get your real estate license in Texas Getting your real estate license in Texas comes down to fulfilling your qualifying education requirement, applying for your license, getting your background check, taking and passing the exam, and finding a sponsoring brokerage.

Real Estate 435

Real Estate Real Estate Agent Agents Brokerage 435

Housing Wire

DECEMBER 29, 2021

Ben Caballero : Our service supports builders, sales, their marketing and then management as it relates to marketing their homes to realtors. What builders don’t need is a realtor to list their homes in a traditional way. So, with our listings, the realtors know they have a level of confidence that the information is accurate.

Realtors 417

Realtors Real Estate Agent Agents Real Estate 417

Housing Wire

OCTOBER 17, 2023

The National Association of Realtors , whose Participation Rule lies at the center of the this and other lawsuits, used its opening remarks to note that the rule has been around for 25 years and has been clearly published on NAR’s website. But such an indirect claim is prohibited by Supreme Court case law.”

Sellers 435

Sellers Agents Buyers Realtors 435

Lamacchia Realty

JANUARY 16, 2025

Lamacchia Realty Announces Top Producing REALTORS by Transactions for 2024 Lamacchia Realty, Inc. has released their Top Producing REALTORS, for all of 2024! This year, the brokerage is recognizing the top producers for transactions and sales volume. Eileenalsotook home the award for Most Acquired Clients companywidein 2023.

Realtors 69

Realtors Realty Real Estate Clients 69

Housing Wire

MARCH 3, 2025

District Courts summary judgment ruling that the National Association of Realtors (NAR) and Zillow did not commit antitrust violations in the lawsuit filed against them by REX Real Estate. In May 2022, REX ceased its brokerage operations. The Ninth Circuit Court of Appeals on Monday affirmed a U.S.

Advertising 299

Advertising Real Estate Brokerage Design 299

Lamacchia Realty

JANUARY 8, 2025

Lamacchia Realty's Top Producing REALTORS for December 2024! has released its Top Producing REALTORS, for December 2024! This program recognizes the Top 10 REALTORS company-wide and the Top 3 or 5 REALTORS by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc.

Realty 69

Realty Realtors Real Estate Clients 69