Housing Wire

AUGUST 13, 2024

According to Anthony Lamacchia , the broker-owner of Lamacchia Realty , he and his agents have seen disputes over buyer broker fees for years, highlighting the importance of having a signed buyer representation agreement , which will soon be required by the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement.

Clients 449

Clients Agents Buyers Sellers 449

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.

Real Estate 415

Real Estate Clients Real Estate Agent Agents 415

Housing Wire

DECEMBER 19, 2024

There’s a reason why eXp Realty regards itself as the “the most agent-centric brokerage on the planet.” Kris Caldwell According to a statement, eXp Realty attracted Caldwell’s because he wanted to put his team first. Caldwell joins an incoming class of rockstar talent at eXp Realty.

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Realty Brokerage Agents Real Estate 320

Housing Wire

FEBRUARY 16, 2024

The complaint claims that the National Association of Realtors is the creator of this alleged conspiracy through its creation and enforcement of its Participation Rule. This would lead to competition among buyer brokers to offer lower commission rates. 16, 2020, and the present.

Real Estate 417

Real Estate Realtors Realty Brokerage 417

Housing Wire

DECEMBER 6, 2023

Similar to the other commission lawsuits, the latest two take aim at the National Association of Realtors’ Participation Rule, which requires the listing broker to make a blanket offer of compensation to the buyer’s broker to list the property on the MLS. Both lawsuits are seeking class-action status. 4, 2019 and the present.

Realty 448

Realty Realtors Brokerage Real Estate 448

Housing Wire

DECEMBER 3, 2020

months worth of supply, according to Keller Williams Realty Boise , and homes typically stay on the market for just five days. Steven Caporale, founder and principal of Accel Realty Partners in Boise, has been in the industry for 25 years and said he’s never seen the housing market look like this. “In We had offers up to $1.2

Marketing 534

Marketing Realty Realtors Housing Market 534

Housing Wire

SEPTEMBER 13, 2024

She brings extensive agent/broker empathy and connection to the industry, given her 20-plus years experience being a Realtor herself. The company provides a platform over which agents and clients can communicate and exchange information, including presentations, closing reports and market insights.

Marketing 407

Marketing Real Estate Realtors Clients 407

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. Hanna Holdings, Douglas Elliman, Realty ONE Group and HomeSmart International also filed motions to dismiss the suit.

Realty 388

Realty Real Estate Law Brokerage 388

Housing Wire

JULY 1, 2024

Devon Bevis Senior Vice President Correspondent & Co-Issue Sales Mr. Cooper Dionna Hall Chief Executive Officer Broward, Palm Beaches & St.

Realty 470

Realty Real Estate Chief Valuation Officer Technology 470

Housing Wire

NOVEMBER 14, 2023

While the lawsuit does name large corporate brokerage firms as defendants, including Keller Williams , Side , HomeServices of America , and Fathom Realty , the robust defendant list also includes real estate teams, such as The Loken Group and Hexagon Group , as well as an individual broker, Mark Anthony Dimas.

Real Estate 433

Real Estate Realtors Realty Real Estate Agent 433

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 453

Real Estate Agent Real Estate Agents Modernization 453

Housing Wire

APRIL 24, 2024

Rising Stars have impressive professional momentum, and are building reputations for driving growth and change while making those around them better. Take a look below to see this year’s list of honorees. Congratulations to the 2024 Rising Stars! Name Job Title Company Name A.T.

Real Estate 458

Real Estate Realty Project Management Realtors 458

Housing Wire

OCTOBER 27, 2020

With Sell Speed, agents can set realistic goals and expectations on home prices for their clients, the company said. The California Association of Realtors has partnered with SafeShowings , an app that seeks to give real estate professionals control over their own safety. Sell Speed is available now in beta.

Real Estate 476

Real Estate Realtors Agents Technology 476

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. Thanks to Lisa Chinatti, the broker-owner at Chinatti Realty Group , he was not completely caught off guard. Lisa is super on the pulse.

Agents 412

Agents Legal Realtors Clients 412

Housing Wire

AUGUST 28, 2024

In short order, she started her own brokerage — Gold Group Realty — that pulled her family out of poverty and into success. Iowa Realtor Lori Bogle has a similar story. Now she not only owns Bogle Realty, but she’s become a pillar in her community, something motivated more by her faith than business.

Agents 449

Agents Real Estate Realty Real Estate Agent 449

Housing Wire

AUGUST 5, 2024

per the terms of the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement. 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 448

Sellers Buyers Agents Advertising 448

Housing Wire

SEPTEMBER 18, 2024

Fathom Holdings , the parent company of Fathom Realty , has joined the list of corporate brokerages to settle the commission lawsuits. Our unwavering commitment to providing excellent service to our agents, clients, and customers remains steadfast,” Marco Fregenal , the CEO of Fathom Holdings, said in a statement. “We

Brokerage 363

Brokerage Legal Fees Realty Legal 363

Housing Wire

APRIL 1, 2021

Sudi Hernandez of Cloud 9 Real Estate Group loses leads when a client hears her Cuban accent. James Dunn of eXp Realty surprised a client with his answer to their question, “You’re white, right?”. Just 6% of all of the National Association of Realtors’ 1.4

Real Estate Agent 403

Real Estate Agent Real Estate Agents Open Houses 403

Housing Wire

OCTOBER 15, 2024

(Image generated by AI in Midjourney) It has been nearly two months since the nationwide implementation of the business practice changes outlined in the National Association of Realtors’ commission lawsuit settlement agreement. Brokers and industry leaders say things are still a little chaotic, but they aren’t nearly as bad as some feared.

Real Estate 446

Real Estate Brokerage Sellers Agents 446

Housing Wire

DECEMBER 10, 2020

The Des Moines housing market has had a record-setting year for home sales, which local Realtors credit to low mortgage rates, the work from home phenomenon and Des Moines’ affordable lifestyle. Stewart also said her clients want acreage and bigger yards because everyone is inside at home, working or schooling.

Housing Market 464

Housing Market Marketing Inventory Realty 464

Housing Wire

JULY 16, 2024

This settlement allows us to focus on empowering agents with the tools and resources they need to compete and serve their clients with excellence, without the burden of prolonged litigation.” The National Association of Realtors has also reached a nationwide settlement of the commission suits.

Real Estate 411

Real Estate Legal Fees Legal Brokerage 411

Housing Wire

JULY 9, 2024

At this time our clients are looking at process improvements, streamlining technology, and lowering per-unit costs so using this time wisely – before the next ‘normal’ market – is important. We are using this slower market to double down on new customer acquisition, new product launches, and improving our customers’ experiences.

Clients 354

Clients Realtors Training Realty 354

Housing Wire

SEPTEMBER 20, 2024

In a new episode of the HousingWire Daily podcast , Editor in Chief and host Sarah Wheeler sits down with eXp Realty CEO Leo Pareja to discuss the National Association of Realtors ‘ (NAR) commission lawsuit, the new rules that agents are facing, and how eXp is helping agents navigate these challenges to thrive in the marketplace.

Agents 392

Agents Brokerage Real Estate Tenants 392

Housing Wire

NOVEMBER 1, 2023

Pearson also has concerns about what this will now mean for how she and her agents handle client meetings or how to word things on open house fliers. “I Lisa Chinatti, the broker-owner of Chinatti Realty , doesn’t share Lamacchia’s optimism. For now, the initial size of the damages alone will ensure major change.

Open Houses 486

Open Houses Brokerage Agents Realtors 486

Housing Wire

MARCH 22, 2024

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement. As of Jan.

Buyers 485

Buyers Contracts Real Estate Agents 485

Housing Wire

APRIL 24, 2024

National Association of Realtors , et al., The Gibson suit was filed in late October 2023 by Michael Ketchmark, just after a Missouri jury ruled in favor of his clients in the Sitzer/Burnett suit that found real estate industry players liable for colluding to artificially inflate agent commissions.

Realtors 360

Realtors Real Estate Brokerage Law 360

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

Real Estate Agent 397

Real Estate Agent Real Estate Agents Clients 397

Housing Wire

OCTOBER 31, 2024

Bough’s ruling comes on the one-year anniversary of the jury verdict in the Sitzer/Burnett commission lawsuit, in which a Missouri jury found the National Association of Realtors (NAR), HomeServices of America and Keller Williams liable for colluding to artificially inflate agent commissions. million) , The Real Brokerage ($9.25

Brokerage 367

Brokerage Real Estate Realtors Realty 367

Housing Wire

AUGUST 1, 2024

Like the athletes in Paris, Realtors and brokers across the U.S. 17, the date on which the terms of the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement are set to go into effect. have been busy training and preparing to be ready for Aug. And the agents are scared,” Lamacchia said. “I

Real Estate Agent 405

Real Estate Agent Real Estate Agents Business 405

Housing Wire

AUGUST 5, 2020

The National Association of Realtors found in its Profile of Home Buyers and Sellers in 2019 that 26% of all homebuyers said the quality of schools was important when finding a new home. Living in a good school district is one of the biggest factors for homebuyers, even if they’re empty nesters. Like, zero.

Realtors 521

Realtors Realty Buyers Sellers 521

Housing Wire

MARCH 7, 2024

He became a top-producing real estate agent in the area and in 1991 became the manager of the largest office for Prudential Long Island Realty , training agents throughout the East Coast markets. Harney began his real estate career in 1983 in Suffolk County, New York. Steve was fighting the good fight every day.”

Real Estate Agent 105

Real Estate Agent Real Estate Agents Brokerage 105

Housing Wire

NOVEMBER 26, 2024

The National Association of Realtors (NAR) and the real estate industry at large have something to be thankful for this Thanksgiving. The DOJ believes the buyer broker agreements have the potential to “limit how brokers compete for clients.” “It million), Realty ONE Group ($5 million), HomeSmart Holdings ( $4.7

Brokerage 395

Brokerage Realtors Buyers Real Estate 395

Housing Wire

AUGUST 21, 2024

While there have not been any “ horror stories ” in the first few days since business practice changes mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement were implemented, that doesn’t mean it has been completely smooth sailing for real estate professionals.

Sellers 419

Sellers Agents Real Estate Buyers 419

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. I was at a listing appointment for a $2.5

Real Estate Agent 452

Real Estate Agent Real Estate Agents Clients 452

Housing Wire

AUGUST 2, 2021

Alanna Strei of eXp Realty in San Diego and Cornerstone Communities’ new San Diego townhouses. Real estate agent Alanna Strei’s client wanted to check out “Tesoro Vista Del Sur,” 134 newly built townhouses in the Ocean View Hills area of San Diego. Agents don’t want to hear that. And this is not going to end well.”.

Real Estate Agent 468

Real Estate Agent Real Estate Agents Realty 468

Housing Wire

MARCH 8, 2024

Altos Research’s Market Action Index score for the county, which has 70 municipalities, illustrates the challenges agents and their clients have faced. I was able to bring my clients to multiple listings for their consideration, but now I can only show them one or two in a given week. as of March 6, 2024. “We

Housing Market 426

Housing Market Buyers Agents Marketing 426

Housing Wire

NOVEMBER 18, 2020

Donna Duryea, a Realtor at Corcoran Pacific Properties , told HousingWire that a local shipping company asked for a 30% increase in fees because the number of ships has been “curtailed” due to COVID-19. I just had a client fly in and it’s the first time they’ve seen the house they bought in July,” Duryea said.

Housing Market 487

Housing Market Marketing Real Estate Agent Inventory 487