Housing Wire

JANUARY 3, 2025

Results Realty ERA Powered , located in St. Charles, Illinois, has acquired Chicago s Mark Allen Realty, giving the combined firm three offices and 80 agents. Mark Allen, led by broker Matt Liss, will now operate as Mark Allen Realty ERA Powered. On the 2024 RealTrends Verified rankings, Cox ranked No. 183 in volume with $16.2

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Housing Wire

OCTOBER 9, 2024

A pair of top-producing agents are returning to Coldwell Banker Realty. Walsh departed Coldwell Banker Realty in April 2024 to join Lamacchia Realty , but she recently made the decision to return. We are excited to welcome Lynn back to the Coldwell Banker Realty family.

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Housing Wire

MARCH 18, 2025

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. Since the first quarter of 2021, Redfins agent count has fallen by 22.5%. They have that eat what they kill mentality.

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Housing Wire

DECEMBER 10, 2024

Ive been doing this since 2005 and I tell clients that Ive never seen a market like this, so we have to navigate it together. But on a comparable home, another of her clients had an offer below the asking price accepted. Its unpredictable, said Teena Jackson, a Redfin agent in Cincinnati. It’s just become a more common theme.

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Housing Market Marketing New Listings Sellers 370

Housing Wire

MAY 2, 2024

On Thursday, the family-owned firm announced that it had acquired South Carolina -based Carson Realty. Founded in 2006, Carson Realty serves clients in the South Carolina markets of Hilton Head, Bluffton and Lake Keowee. We look forward to our partnership with Carson Realty (CR).

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Housing Wire

FEBRUARY 24, 2025

Sothebys International Realty recently released its 2024 performance report. Philip White , president and CEO of Sothebys International Realty, attributed the brands success to a simple truth. She highlighted wealthy buyers as the driving force behind last year’s growth in the luxury market. sales volume increased 9.4%

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Housing Wire

MARCH 13, 2024

Luxury Realty Group , a subsidiary of Luxury Realty Group Holdings , launched the beta testing for its conversational AI services website vuHome.ai, the company announced on Tuesday. The conversational avatar will take prospective buyers on a property tour to uncover more details.

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Housing Wire

MARCH 26, 2025

Despite the headlines , Phillip Cantrell, the founder of Benchmark Realty, characterized the move as a nothing burger. To allow the MLSs to talk to their broker communities and figure out how to make things work best for them and their clients in smart. It is just classic NAR propaganda. I think that is really a very good piece.

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Sellers Real Estate Agents Brokerage 360

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? You have to make sure you are on the same page.”

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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.

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Housing Wire

OCTOBER 6, 2023

million settlement with plaintiffs in two bombshell buyer commission lawsuits have been made public, and they stipulate that the brokerage conglomerate make significant changes to its practices. Anywhere will eliminate any minimum client commission requirements that company owned brokerages may have.

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Housing Wire

DECEMBER 5, 2024

From client quirks to open-house mishaps, his posts are so relatable that youll swear hes been shadowing your day-to-day. A post shared by The Agency (@theagencyre) Actionable Insights High-quality visuals can elevate your brand and attract more clients Showcase aspirational properties to capture the attention of luxury buyers 2.

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Housing Wire

MARCH 22, 2024

Based on NAR’s settlement, agents working with buyers will need a signed buyer representation agreement starting in mid-July, pending final court approval of the settlement. Bills Clarke said this is exactly how agents already work with sellers, so it shouldn’t be a big deal to implement buyer agreements into a business. “We

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Housing Wire

MARCH 8, 2024

“At the height of the pandemic there were bidding wars and all that, but it didn’t seem impossible, but now it seems impossible to get our buyers into homes,” said Heather Corrigan , a RE/MAX Signature Homes agent based in Closter, a borough that is 24 miles north of Manhattan and renown for its schools. as of March 6, 2024. “We

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Housing Market Buyers Agents Marketing 468

Housing Wire

APRIL 1, 2025

Michael Ammann is back with another lawsuit against eXp Realty and parent company eXp World Holdings. Instead, she allegedly submitted an offer for a competing buyer without disclosing this to him. On a call that day, Featherston admitted to plaintiff she lied and had it under contract herself with another buyer.

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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. Buyers using Homie would receive some or all of any BAC offered by the seller,” the complaint states.

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Housing Wire

MARCH 3, 2025

I think they’re inviting a class-action lawsuit by sellers who get hurt in this very concentrated effort and maybe a visit from the Department of Justice , Leo Pareja , the CEO of eXp Realty , said recently on his firms fourth-quarter 2024 earnings call with investors. Pareja isnt the only executive who feels this way.

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Housing Wire

JULY 10, 2024

“Anything under $300,000 or $350,000 has really good activity, but above that, I think interest rates have really affected buyers in those price ranges,” said Eddie Campos, the president of Northwest Ohio Realtors and an associate at RE/MAX Preferred Associates. “I 1 challenge for his buyers is the current inventory situation.

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Inventory Buyers Agents Inspection 433

Housing Wire

MAY 14, 2024

“Most of the demand is coming from first-time buyers,” Trevor Levin, a local agent with Los Angeles-based Nourmand & Associates , said. Nationwide, the share of buyers who are first-time buyers has risen in recent months. Nationwide, the share of buyers who are first-time buyers has risen in recent months.

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Buyers Inventory Landlords Real Estate 448

Housing Wire

AUGUST 1, 2024

When it comes to handling compensation eXp Realty is not mincing its words — it is not sharing its listing fee with the buyer’s broker. However, the firm says this does not mean it is unwilling to work with buyer’s brokers. But it will be their sellers who make the decision on an offer of compensation to a buyer broker.

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Sellers Buyers Agents Law 448

Housing Wire

APRIL 25, 2024

Monika DeRoussel was in a meeting, away from her phone and email, when a client messaged her that a property in their price range and desired neighborhood had a for-sale sign in the yard. When the meeting concluded, DeRoussel quickly reached out to the seller’s agent to see if her client could get in for a tour, but it was too late. “I

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Housing Wire

JANUARY 29, 2024

Imagine if you could bottle the enthusiasm your clients have for working with you and use it to capture new business in 2024. In this article, we’ll show how to procure top-notch client testimonials, where and how to share them, and how to leverage them to bolster your reputation and close more deals in 2024.

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Real Estate Clients Real Estate Agent Agents 435

Housing Wire

APRIL 22, 2021

Robbin Sutton with DASH Realty Carolina has been a broker for 20 years, and she’s never seen anything like the current housing market in the Raleigh-Durham metro. The post North Carolina’s low home prices luring buyers appeared first on HousingWire. “It’s just insane. .

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Buyers Inventory Renovations Realty 459

Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I I have buyers that are looking, but to find a house that you love enough to pay a high price for — and to be at over a 6.5% In Wise County , there were only 56 listings.

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Inventory Buyers Agents Real Estate 459

Housing Wire

MARCH 7, 2024

Sotheby’s International Realty is expanding its footprint in the Golden State. The Redding, California-based firm will now operate as Shasta Sotheby’s International Realty. The area is seeing interest from domestic buyer s in major cities alongside the West Coast looking for a change of scenery and slower living.”

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Real Estate Realty Clients Tools 468

Housing Wire

SEPTEMBER 28, 2020

Urban District Realty , a Washington, D.C.-based This system uses virtual reality technology which allows clients to be put in a virtual representation of a property that hasn’t been built yet. based brokerage, announced last week the launch of its custom real estate listing system, PROJETO.

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Brokerage Real Estate Agent Realty Real Estate 544

Inman

AUGUST 26, 2024

The Florida-based brokerage's buyer-focused marketing and educational resources are made for agents in need of assistance as they pitch buyer representation services, executives told Inman.

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Buyers Agents Tools Clients 197

Housing Wire

OCTOBER 21, 2021

As the COVID-19 pandemic has opened the possibilities of working remotely, more and more people are looking to buy a house in Vermont’s largest city, causing a huge swell in demand in an area that was already flush with prospective buyers. Buyers from across the country have set their sights on Burlington. “We

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Buyers Inventory Agents Realty 397

Housing Wire

OCTOBER 13, 2021

“Low interest rates and high rent prices are certainly partially responsible for the strong demand we have seen,” local eXp Realty agent Tiffany Lee said. “Of I have been getting buyers from Ohio, California and all over.”. For local buyers, many of whom are first-time homebuyers, this has resulted in serious competition.

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Buyers Agents Inventory Realty 418

Housing Wire

FEBRUARY 16, 2024

“In the absence of NAR’s Mandatory Offer of Compensation Rule, the expense of buyer broker commissions would be incurred by their clients (homebuyers),” the complaint states. This would lead to competition among buyer brokers to offer lower commission rates. 16, 2020, and the present.

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Real Estate Realtors Realty Brokerage 468

Housing Wire

AUGUST 28, 2024

However, things have changed now and buyers have to have a separate buyer agreement. And if those fees can’t be negotiated into the transaction, the buyer is going to have to come out to pocket now in order to have a human Realtor represent them.” reAlpha is just one of the many AI agent platforms that have sprung up recently.

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Real Estate Agent Real Estate Agents Modernization 468

Housing Wire

NOVEMBER 24, 2020

Homesnap has spent years building tools that reinforce the agent-client relationship and arm both home buyers and agents with the data and software they need to find homes and do their jobs,” said John Mazur, CEO of Homesnap. “We PROJETO was originally only made available to the firms own clients in September. million to over 2.6

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Real Estate Client Relationships Realty Advertising 459

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. 17 listings say that some sellers have been confused as to why the buyer was asking for concessions or help in covering their agent’s fee.

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Sellers Agents Real Estate Buyers 482

Housing Wire

FEBRUARY 2, 2024

Real estate brokerage eXp Realty has entered into an affiliated business agreement with Orlando, Florida -based title fi r m Citrus Closing Group , according to an announcement on Thursday. “We Citrus Closing Group serves clients in the Florida counties of Lake Seminole, Osceola, Orange, and Brevard.

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Business Realty Brokerage Real Estate 427

Housing Wire

DECEMBER 6, 2023

In a raw demonstration of market power, the Florida Realtor MLSs overturn the natural order of a rational price system where home sellers and home buyers each separately bargain and pay for the services provided to each of them,” the complaint alleges. 4, 2019 and the present. These allegations are absurd.

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Realty Realtors Brokerage Real Estate 459

Housing Wire

SEPTEMBER 9, 2020

In the ultra-competitive Westchester market, the odds were stacked against Heather Harrison and her client. “The client went to highest and best on Monday at 5 p.m., and I counseled my client to bid accordingly, waive his mortgage contingency, then we bid $1.45 Time waits for no buyer in the suburbs.

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Agents Marketing Clients Buyers 501

Housing Wire

AUGUST 28, 2020

In the age of COVID-19, Peck Barham knew that prospective home buyers would pepper him with questions about home offices as they decamped downtown Birmingham for the spacious suburbs. Dallas-based agent Alex Trusler, with the Trusler Group , said many of his coupled clients don’t want to share their office space. “I’ve

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Real Estate Agent Real Estate Agents Buyers 497