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To sue or not to sue: How buyer’s agents should prepare for commission disputes with clients

Housing Wire

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 461
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JPAR’s Jessica Conrad on seller consultations and how agents can demonstrate value

Housing Wire

On the RealTrending podcast produced by HousingWire , host Tracey Velt chats with San Antonio-based Realtor Jessica Conrad in the final installment of JPAR Real Estate ’s four-part Settlement Strategy Playbook series. 17 business practice changes mandated by the National Association of Realtors ‘ (NAR) commission lawsuit settlement.

Sellers 385
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Real Estate Referral Fees: The Ultimate Guide for 2024

Housing Wire

The receiving agent becomes the buyer or seller’s primary point of contact and representative, and the referring agent receives a referral fee if a transaction closes. Perhaps the client wishes to make a purchase that isn’t in the agent’s geographical area or their wheelhouse of expertise. What are the benefits of referrals?

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Four secrets to mastering client retention

Housing Wire

There have been numerous studies done on client retention over the years, and while the exact figures vary, most suggest that it can be anywhere from five to 25 times more expensive to acquire a new client than to keep an existing one. Set, and stick to, client retention goals. Repeat client business doesn’t happen by accident.

Clients 231
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North Carolina Regional MLS is buzzing with its rebrand to Hive MLS

Housing Wire

Hive MLS will release new tools and features to 18 MLS and 19,000 Realtor association members in North Carolina , South Carolina and Georgia. Hive MLS compares its platform to a bee hive, where worker bees — referring to agents — work together to gather resources and keep the hive, or the housing market, alive.

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Opinion: Referral fees: The golden goose or rotten egg of real estate?

Housing Wire

In that case, they can refer that individual to an agent in exchange for a portion of the commission. Consider this scenario: A homebuyer clicks to connect with a Realtor through Zillow. Agents are incentivized to refer clients to the highest bidder rather than acting purely in the consumer’s best interest.

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Why Homie shows alternative models matter in real estate

Housing Wire

Although I remained confident in my skills and the value I brought to my clients, I couldn’t help but question how I would compete with a company capable of offering such low-cost representation en-masse. Alexandra McEwen is a Realtor with McEwen Realtors.