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. Defendants in the lawsuit, which was filed in U.S.

Realtors 482

Realtors Buyers Brokerage Real Estate 482

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.

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Clients Agents Buyers Sellers 482

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.

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Real Estate Realtors Realty Brokerage 468

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

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.

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Realty Realtors Brokerage Real Estate 459

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.

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Realty Real Estate Law Brokerage 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 448

Brokerage Legal Fees Realty Legal 448

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.

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Marketing Real Estate Realtors Clients 435

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 493

Realty Real Estate Chief Valuation Officer Technology 493

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

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 459

Agents Legal Realtors Clients 459

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.

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Clients Realtors Training Realty 434

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 448

Realtors Real Estate Brokerage Law 448

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.

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Real Estate Agent Real Estate Agents Modernization 468

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 435

Real Estate Realtors Realty Real Estate Agent 435

Housing Wire

JANUARY 8, 2025

The broker of Texas -based Strategic Realty has filed an amended complaint in her antitrust suit tied to the National Association of Realtors (NAR) three-way membership agreement structure. NAR has objected to Eytalis motion for a preliminary injunction, but the court must still rule on the motion.

Realtors 368

Realtors Real Estate Realty Business 368

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 468

Sellers Buyers Agents Advertising 468

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 459

Agents Real Estate Realty Real Estate Agent 459

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 435

Brokerage Real Estate Realtors Realty 435

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 482

Real Estate Realtors Agents Technology 482

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 448

Real Estate Legal Fees Legal Brokerage 448

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 459

Real Estate Realty Project Management Realtors 459

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

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Real Estate Agent Real Estate Agents Open Houses 418

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 435

Agents Brokerage Real Estate Tenants 435

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 448

Real Estate Brokerage Sellers Agents 448

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.

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Housing Market Marketing Inventory Realty 468

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 435

Real Estate Agent Real Estate Agents Clients 435

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 448

Real Estate Agent Real Estate Agents Business 448

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 482

Sellers Agents Real Estate Buyers 482

Housing Wire

NOVEMBER 13, 2024

On Wednesday, company promoted Jon Gwin to chief revenue officer and Samantha Giuggio to president of Fathom Realty and chief operations officer of Fathom Holdings. ” Giuggio will take on two major roles as president of Fathom Realty and COO of Fathom Holdings. Fathom Holdings announced another round of key leadership promotions.

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Realty Real Estate Agents Retail 393

Housing Wire

AUGUST 6, 2024

The support and technology available at Compass are a proven advantage that our team is excited to integrate into our award-winning client experience,” founder Faisal Halum said in a statement. The team is coming from Briggs Freeman Sotheby’s International Realty. RealTrends ranks the Faisal Halum Group as the No.

Architecture 448

Architecture Real Estate Brokerage Realty 448

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. But this is down from roughly 66% in Stephens’ first quarterly survey.

Agents 448

Agents Real Estate Agent Brokerage Realty 448

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 497

Open Houses Brokerage Agents Realtors 497

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 497

Buyers Contracts Real Estate Agents 497

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 468

Housing Market Buyers Agents Marketing 468

Housing Wire

AUGUST 26, 2024

She was previously with LPT Realty, a Keller Williams affiliate. Simon’s dedication to providing exceptional service to her clients, coupled with her strategic mindset and sales achievements, makes her a valuable addition to Compass,” the brokerage said in a statement. It’s an exciting time to join Compass,” Simon said in a statement.

Agents 435

Agents Brokerage Realty Real Estate 435

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.

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Realtors Realty Buyers Sellers 521