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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Realty Agents Real Estate Clients 435

Housing Wire

SEPTEMBER 20, 2024

California is the latest state to take a stand against the right-to-list agreement business plan of now bankrupt brokerage MV Realty. On Tuesday, the office of California Attorney General Rob Bonta announced that it was granted a preliminary injunction against Florida-based MV Realty after filing a lawsuit in December 2023.

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Realty Real Estate Agent Real Estate Legal 448

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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Realty Real Estate Clients Agents 435

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%. Redfin leaned into that, and it didn’t work.”

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Brokerage Agents Housing Market Realty 368

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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Realty Insurance Brokerage Clients 439

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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Sellers Buyers Agents Advertising 468

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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Realty Brokerage Real Estate Clients 468

Housing Wire

FEBRUARY 27, 2025

While the key statistics about a property will be available to buyers in the real estate listing description, residential buyers tend to shop with their emotions. Your listing description allows you, as the listing agent, to showcase the property’s best features in a way that reaches potential buyers on a deeper level.

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Real Estate Buyers Agents Renovations 375

Housing Wire

MARCH 14, 2025

With the National Association of Realtors ( NAR ) reportedly set to vote on the future of its Clear Cooperation Policy (CCP) in the not-too-distant future, the leader of Coldwell Banker Realty is not holding back her feelings about the controversial rule.

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Sellers Realtors Buyers Realty 346

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 Market Marketing Realty Real Estate 337

Housing Wire

MARCH 8, 2025

When the National Association of Realtors (NAR) first started its Profile of Home Buyers and Sellers in 1981, it found that single women were the second largest demographic in the U.S. “In 1981, 73% of home buyers were married couples, 11% were single women and 10% were single men. housing market , trailing only married couples.

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Buyers Legal Realtors Realty 344

Housing Wire

JULY 31, 2024

real estate landscape over the next several months due to the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , eXp World Holdings — the parent company of eXp Realty — is focused on improving the firm’s agent value proposition. ” Ahead of the Aug.

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Realty Agents Brokerage Real Estate 447

Housing Wire

APRIL 25, 2024

launched Claire, a generative artificial intelligence -powered, zero-commission buyers’ agent chatbot, the company announced on Wednesday. The tool helps match buyers with the ideal property while providing insights into market trends and property values. Real estate technology company reAlpha Tech Corp.

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Buyers Agents Real Estate Agent Real Estate 447

Housing Wire

DECEMBER 12, 2024

This deal follows a similar move in May to acquire South Carolina-based Carson Realty. William Raveis also acquired New England-based Molisse Realty Group in late 2023. Broadening our reach, we have a tremendous network supporting agents, buyers, and sellers at William Raveis,” they said in a statement.

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Real Estate Brokerage Agents Realty 368

Housing Wire

NOVEMBER 4, 2024

Although I was certainly nervous about the process, I knew I was far better prepared — and had far more resources and industry experts available for consultation — than most first-time buyers. Lamacchia Realty is using its own buyer representation agreements , and I found the form straightforward and easy to understand.

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Agents Inspection Real Estate Sellers 435

Housing Wire

JUNE 25, 2024

A report released Tuesday by the Consumer Federation of America (CFA) found that the California Association of Realtors’ (CAR) buyer representation and broker compensation agreement is “virtually unreadable.” The eXp contract is written with the buyer in mind. This requirement goes into effect Aug.

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Realtors Buyers Contracts Realty 418

Housing Wire

JANUARY 8, 2025

Miami -based Real on Tuesday announced the addition of Harvest Realty , an independent brokerage in Southern California with 550 agents. The additions of Harvest Realty and The Burgman Group bring Real’s total agent count to more than 24,000. Theyve set the gold standard for service to the Chinese community. billion.

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Brokerage Real Estate Realty Clients 397

Housing Wire

DECEMBER 10, 2024

Realty ONE Group is letting agents decide if they want to renew their National Association of Realtors (NAR) membership. Starting on the first of the year, Realty ONE agents in Arizona can choose to keep their NAR membership or join Realty ONE Group AZ , a newly established subsidiary of Realty ONE Group, Inc.

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Realty Agents Brokerage Realtors 370

Housing Wire

DECEMBER 10, 2024

Relatively more homes for sale are giving buyers more leverage, as evidenced by Altos Researchs Market Action Index score falling from 55 in May to 45 today. Sandi Wethington, an eXp Realty agent, said she recently participated in a transaction where the seller installed a new septic tank and a new roof to get the deal closed.

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Housing Market Marketing New Listings Sellers 370

Housing Wire

MARCH 26, 2025

Despite the headlines , Phillip Cantrell, the founder of Benchmark Realty, characterized the move as a nothing burger. We have been vocal in our position on Clear Cooperation, advocating for reform that balances buyer visibility and seller choice, an Anywhere spokesperson wrote in an email. It is just classic NAR propaganda.

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Sellers Real Estate Agents Brokerage 358

Housing Wire

JANUARY 27, 2025

Indigo is a search platform that allows buyers to bid on agent-approved listings. The Home Checkout feature validates buyer offers before the transaction continues. Several major brokerages including Keller Williams , Compass , eXp Realty , RE/MAX and Coldwell Banker utilize the platform.

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Real Estate Real Estate Agent Agents Brokerage 368

Appraisal Buzz

NOVEMBER 4, 2024

housing market is split into two groups: first-time buyers struggling to enter the market and current homeowners buying with cash,” said Jessica Lautz, NAR Deputy Chief Economist and VP of Research. First-time buyers decreased to 24% of the market share (32% last year). For first-time buyers, this number jumps to 64%.

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Real Estate Agent Buyers Sellers Real Estate 370

Housing Wire

NOVEMBER 3, 2023

In response, Glenn Sanford, the founder and chief executive of the company, which is parent to eXp Realty , expressed concern about low-income homebuyers who may not be able to afford representation “if the rules change too much.” “I But at eXp Realty, transactions were down 8.6% million to $14.90 million to $14.90

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Buyers Realty Real Estate Realtors 435

Housing Wire

OCTOBER 15, 2024

It named UtahRealEstate.com , the National Association of Realtors (NAR), Anywhere Real Estate , Keller Williams Realty , HomeServices of America and RE/MAX as defendants. But the MLS defendant was dismissed without prejudice, which means Homie could refile its suit against UtahRealEstate.com. Homie filed the suit in mid-August.

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Brokerage Sellers Realty Realtors 433

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. The terms of Anywhere Real Estate ‘s $83.5

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Buyers Brokerage Agents Sellers 459

Housing Wire

MARCH 19, 2025

The Wall Street Journal spoke to agents in disaster-prone areas to gauge the difficulty of selling high-end homes and detail their methods for bringing buyers aboard. The report included an anecdote from Yvonne Burnham of Domain Realty. But the mansion suffered roof damage during the hurricanes , which steered away would-be buyers.

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Agents Real Estate Agent Real Estate Buyers 324

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

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. There is nothing to show.”

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Housing Market Buyers Agents Marketing 468

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 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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Realtors Buyers Brokerage Real Estate 482

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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Buyers Contracts Real Estate Agents 497

Housing Wire

OCTOBER 25, 2024

With NAR’s settlement requiring agents to have a signed buyer agency agreement with every buyer that spells out how much the agent will be paid in a transaction, many believed that buyers using a loan from the U.S. Department of Veterans Affairs (VA) would be disadvantaged.

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Buyers Real Estate Realtors Agents 448

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

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

APRIL 25, 2024

I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We Buyers are really struggling.” But rising prices are not the only financial challenge buyers are having to contend with right now. We couldn’t even see it. It is not going to slow down.

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Buyers Marketing Inventory Investors 459

Housing Wire

MARCH 7, 2025

More than half of the hottest markets had median home prices below the national median, suggesting that buyers are prioritizing cost-effective options. The greater availability of homes in these regions has slowed the pace of sales and reduced buyer competition. annually the lowest rate since Realtor.com began tracking the data.

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Housing Market Marketing Inventory Construction 377

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