Housing Wire

JANUARY 27, 2025

One thing is clear: This year will demand a shift in how real estate professionals approach their goals. Professionals should also leverage technology to give clients the best experience for the biggest decision of their lives. The fact is, real estate agents do more than just sign the dotted lines for their clients.

Real Estate 397

Real Estate Clients Technology Agents 397

Housing Wire

AUGUST 4, 2023

Achieving success as a real estate agent requires more than simply understanding the mechanics of the job. Here are 10 essential skills every real estate agent should possess. Here are 10 essential skills every real estate agent should possess. And why is this so important?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

JANUARY 14, 2025

The on-again-off-again legal battle between Top Agent Network (TAN) and the National Association of Realtors (NAR) is now off. While the dismissal of the suit marks the end of this chapter in the legal battle between TAN and NAR, since the suit was dismissed without prejudice, TAN could refile the suit if they so choose.

Agents 370

Agents Legal Real Estate Agent Realtors 370

Housing Wire

DECEMBER 27, 2024

Our goal is to help educate you on what a real estate team is, how they work and the types of agents who thrive on teams. How do real estate teams work? However, most teams are built with the same objectives playing to each individuals strengths to provide top-tier service to their clients.

Real Estate 417

Real Estate Tools Agents Real Estate Agent 417

Housing Wire

AUGUST 28, 2024

While some in the real estate industry are expecting to see a decline in the number of buyer’s agents as a result of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement , others have taken it a step further and are betting their companies on it. Meet the AI real estate agent.

Real Estate Agent 468

Real Estate Agent Real Estate Agents Modernization 468

Housing Wire

JULY 28, 2023

Real estate agents and business leaders play a pivotal role in improving the cities in which they operate, making community service an essential value to their professions. Participating in community service events can allow agents to showcase their commitments. Host a client volunteer day and provide lunch.

Real Estate Agent 369

Real Estate Agent Real Estate Agents Clients 369

Housing Wire

JANUARY 14, 2025

Obtain a real estate broker license Your new chapter begins with ensuring you meet all legal requirements to operate as a broker. Educational prerequisites Most states mandate completing 60 to 150 hours of real estate coursework to become a broker. This includes legal, tax, and state requirements.

Real Estate 366

Real Estate Brokerage Agents Real Estate Agent 366

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Brokerage 448

Housing Wire

OCTOBER 11, 2024

But the survey results also show that so-called sphere-of-influence (SOI) leads — those generated through relationships with friends, family and former clients — are often neglected and underinvested in. Large teams also staff for recruiting, agent support, coaching and operations much more often than smaller teams.

Real Estate 448

Real Estate Brokerage Legal Agents 448

Housing Wire

SEPTEMBER 7, 2023

While tax planning is a year-round task, real estate agents can take some specific actions before the New Year to significantly cut their taxable income. For instance, you might also work at a coffee shop, co-working space, and meet clients in their homes. This content should not be considered accounting or legal advice.

Real Estate Agent 418

Real Estate Agent Real Estate Agents Business 418

Housing Wire

SEPTEMBER 7, 2023

Leading Real Estate Companies of the World (LeadingRE) has promoted Jessica Edgerton to chief legal officer/executive vice president of industry and learning and Kate Reisinger to chief operating officer. Edgerton and Reisinger will have an impact on the global network of 550-plus independent real estate brokerages.

Legal 418

Legal Brokerage Real Estate Modernization 418

Housing Wire

DECEMBER 16, 2024

The past year had its fair share of ups and downs for Howard Hanna Real Estate Services. 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.

Real Estate 366

Real Estate Brokerage Agents Buyers 366

Housing Wire

AUGUST 1, 2024

They also brought in a forms specialist, who really dug into the new forms to really explain them to us, so we know when and how to use each one and so we can explain the contracts to our clients in plain English.” And the agents are scared,” Lamacchia said.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Business 448

Housing Wire

DECEMBER 6, 2024

Real estate agents often make the mistake of believing their clients will remember them forever but they dont. Its up to us as agents to stay engaged and stay in contact with our clients. In this article, weve compiled 49 compelling real estate newsletter ideas and subject lines.

Real Estate 395

Real Estate Clients Tools Sellers 395

Housing Wire

NOVEMBER 1, 2023

I’ve been an agent for 15 years, so I can’t aid in that. The researchers scraped this data from Redfin’s website over several months and amassed what they believe to be “the first systematic, nationwide evidence that buyer agents do in fact steer clients away from properties that offer low buyer commissions.”

Clients 459

Clients Agents Buyers Sellers 459

Housing Wire

AUGUST 30, 2024

Sitzer’s legal action not only resulted in financial settlements, but also business practice changes that went into effect earlier this month , the most notable of which are the removal of buyer broker compensation from the MLS and mandatory buyer broker agreements. and Canada.

Real Estate 459

Real Estate Legal Real Estate Agent Brokerage 459

Housing Wire

OCTOBER 29, 2024

According to Mandy Nichols, a Dallas-based Brixstone Real Estate agent, this requirement is causing some first-time buyers to forego representation if it is not property explained. Many first-time homebuyers don’t have enough to pay the agent and all the closing costs,“ Nichols said.

Marketing 448

Marketing Real Estate Sellers Buyers 448

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. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.

Real Estate Agent 487

Real Estate Agent Loan Officers Real Estate Agents 487

Housing Wire

JANUARY 11, 2021

Rocket Homes Real Estate , a real estate affiliate of Rocket Companies , is being investigated by the Consumer Financial Protection Bureau (CFPB) for possibly violating the Real Estate Settlement Procedures Act (RESPA) when it charged fees for referring Quicken’s mortgage clients to real estate agents, according to officials.

Real Estate Agent 435

Real Estate Agent Real Estate Brokerage Law 435

Housing Wire

MARCH 14, 2024

Like the Department of Justice , the Federal Reserve has decided to weigh in on the real estate agent commission debate. Legal experts told HousingWire that it is rare to see the Fed offer an opinion about an ongoing legal debate, as it typically does not want viewed as an influence on court decisions.

Agents 457

Agents Legal Real Estate Agent Buyers 457

Housing Wire

OCTOBER 27, 2023

Further, compensation is set between the brokers and their clients and is always negotiable. Real estate agents know city and county property taxes. They use their experience and expertise to negotiate on behalf of their client. And if those same consumers had to go it alone without buyer representation?

Real Estate Agent 488

Real Estate Agent Real Estate Realtors Buyers 488

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 446

Agents Real Estate Agent Brokerage Realty 446

Housing Wire

NOVEMBER 9, 2023

So, the fact that we are now seeing things further in the process come down to agents and brokers — I was not entirely surprised by that.” In addition to the DOJ, real estate agent commissions may have caught the eye of yet another government agency. Solicitor General Paul Clement to its legal team. “I

Legal 453

Legal Real Estate Real Estate Agent Law 453

Housing Wire

AUGUST 2, 2024

Singh emphasizes the importance of using accurate data for real estate decision-making. He said that CoreLogic uses data to create sources of truth for clients to make accurate decisions. Singh explains that general AI models cannot answer detailed real estate-related prompts without referring to general resources.

Real Estate 468

Real Estate Clients Tools Real Estate Agent 468

Housing Wire

MARCH 11, 2022

accessing “password-protected” company computers to steal client data. According to the legal filings , Barber’s alleged goal was to take real estate “prospects and leads assigned to other brokers” for “his own personal benefit” and that of the other defendants, Darcy Varney and eXp Realty. and 5:30 a.m.

Real Estate 369

Real Estate Realty Real Estate Agent Contracts 369

Housing Wire

MARCH 22, 2023

Homebot , a home education portal that keeps people connected to their loan officers and real estate agents, acquired Quo Finance , a mobile app for first-time homebuyers. Sandfox Advisors served as financial advisor and Goodwin Procter LLP acted as legal counsel to Quo. Quo raised $7.2

Finance 393

Finance Real Estate Agent Loan Officers Legal 393

Appraisal Buzz

JUNE 17, 2024

Traditionally, it has been expected that when hiring an agent to assist in selling a home, there would also be a 3% commission to the seller agent. This practice, though not legally mandated in most states, had become the norm. This collaboration can help agents provide a more comprehensive service package to their clients.

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Appraisal Real Estate Agent Valuation Real Estate 370

Housing Wire

NOVEMBER 9, 2023

With the NAR playing a pivotal role in shaping the industry’s landscape, there are many opinions on what this new commission rule means — or doesn’t mean — for the legal issues NAR is currently facing in the public. NAR’s approach exhibits a lack of emphasis on making real estate agents substantially better at what they do.

Real Estate Agent 435

Real Estate Agent Real Estate Agents Realtors 435

Housing Wire

JULY 30, 2024

Many times, the home the agent is listing is not the perfect fit for the buyer, so the listing agent can offer their expertise in the market to the buyer as a buyer’s agent and find a better house for the client and earn another commission. The most important asset an agent has is their reputation.

Agents 445

Agents Real Estate Agent Real Estate Buyers 445

Housing Wire

MARCH 8, 2024

It was mid-February when clients, family and friends began asking Jason Posnick about strange postcards appearing in their mailboxes. If you sold a home and paid a commission to a real estate agent, you may be part of class action settlements,” the postcards read. Lisa is super on the pulse.

Agents 459

Agents Legal Realtors Clients 459

Housing Wire

JULY 19, 2023

Over the past year or so, we have seen an uptick in questions relating to commission disputes between brokers and their clients. A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract. A seller-client cancels a listing.

Real Estate 365

Real Estate Legal Clients Brokerage 365

Housing Wire

NOVEMBER 28, 2023

The savvy real estate agents and loan officers see this not a crisis but a golden opportunity. This is a call to arms for real estate agents and loan officers ready to seize the day. Your clients need a guide, and you are poised to be that guiding light. This is your moment.

Real Estate 353

Real Estate Real Estate Agent Loan Officers Clients 353

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State.

Real Estate 434

Real Estate Real Estate Agent Agents Brokerage 434

Appraisal Buzz

JULY 30, 2024

Agents provide comprehensive support to prospective home buyers: Of course, there were the expected services such as negotiations (76% of respondents), deep knowledge of local markets (75%), assistance with paperwork and legalities (60%), and access to off-market properties (29%). The Real Brokerage Inc.

Agents 418

Agents Marketing Clients Real Estate Agent 418

Housing Wire

JUNE 13, 2024

According to a report published Thursday by wire fraud prevention firm CertifID , real estate agents , brokers and title companies are increasingly being held accountable if a consumer loses money. As a custodian of funds, you are in a position of trust and knowledge.

Real Estate 459

Real Estate Insurance Legal Training 459

Housing Wire

SEPTEMBER 18, 2024

You have to follow the law, but if it’s legal, you can do it,” Pfaff said. “We While no legal statute presently outlaws these practices, the MLSs might be engaging in a game of chicken with the Department of Justice (DOJ) and the law firms that have won or settled commission lawsuits against NAR and several major brokerages.

Legal 482

Legal Realtors Agents Brokerage 482

Housing Wire

DECEMBER 1, 2023

In the face of a copycat commission lawsuit , the Real Estate Board of New York has vowed to fight. In an email blast sent to REBNY members, the New York City real estate agent trade group said it would “vigorously defend the litigation.” The work you do as agents and brokers moves New York City forward.

Real Estate Agent 434

Real Estate Agent Real Estate Agents Brokerage 434