Housing Wire

AUGUST 21, 2024

I have always believed that buyers’ and sellers’ broker commissions should be paid by their respective clients, either directly or through the transaction, providing complete transparency for all parties. Steve Baird is the President & CEO of Baird & Warner Real Estate.

Real Estate 435

Real Estate Training Advertising Brokerage 435

Housing Wire

AUGUST 22, 2024

The predicted Realtor apocalypse never happened. Instead of chaos and calamity, we’ve seen the resilience of Realtors and conviction of consumers. Realtors in Indiana aren’t in chaos after the changes. Realtors are now communicating more proactively and responsibly given the state of uncertainty.

Real Estate 476

Real Estate Realtors Contracts Agents 476

Housing Wire

OCTOBER 17, 2024

Hive MLS will release new tools and features to 18 MLS and 19,000 Realtor association members in North Carolina , South Carolina and Georgia. Users now have access to upgraded listing accuracy, better transaction efficiency, training programs for agents and community tools. Our new name represents a spirit of community and growth.

Real Estate 446

Real Estate Real Estate Agent Realtors Tools 446

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 433

Clients Realtors Training Realty 433

Housing Wire

JANUARY 31, 2024

After months of plaintiffs’ lawyers in commission lawsuits claiming that the National Association of Realtors sets real estate agent commissions, the trade group finally decided to, in its words, “set the record straight.” The internet can be a tool, but it is not a replacement for the essential services agents who are Realtors provide.

Real Estate Agent 488

Real Estate Agent Real Estate Realtors Agents 488

Housing Wire

NOVEMBER 1, 2024

Much like lawyers needing to take a separate bar exam in each state they wish to practice in, real estate agents’ training and licensing requirements vary by state. PRO TIP You may see the terms “real estate agent” and “Realtor” used interchangeably. While a Realtor is indeed an agent, the term doesn’t work both ways.

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

JUNE 4, 2024

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. I pondered how they could offer the assistance that buyers and sellers required at such competitive rates.

Real Estate 459

Real Estate Brokerage Clients Realtors 459

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

NOVEMBER 17, 2023

In their filing, the plaintiffs highlight HomeServices’ franchise agreements, training videos, as well as the now infamous Allan Dalton video, as evidence of HomeServices enforcing the National Association of Realtors’ Clear Cooperation policy.

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Training Realtors Agents Real Estate 448

Housing Wire

JULY 9, 2024

I have no doubt that together we will be even stronger and will serve all the clients and Realtors even better.” Lamacchia’s focus on training coupled with his implementation of systems that increase efficiency is second to none,” Sarah Perenick said in a statement.

Realty 448

Realty Real Estate Realtors Agents 448

Housing Wire

NOVEMBER 29, 2023

According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years. During these meetings, you can explore how agents might better utilize the brokerage’s resources — be it marketing support, technology tools or training modules — to maximize their independent initiatives.

Agents 468

Agents Brokerage Training Real Estate 468

Housing Wire

APRIL 22, 2024

He said his company is focused on buyer-side agents, whose activity is expected by some to be impacted by the National Association of Realtors’ (NAR) $418 million nationwide settlement of the commission lawsuits. The change would go into effect in mid-July 2024 if the settlement is approved by a judge.

Brokerage 446

Brokerage Real Estate Realtors Real Estate Agent 446

Housing Wire

NOVEMBER 14, 2024

Joining and engaging with groups of fellow Realtors on Facebook should be a key tool in every agent’s toolbox. Many Realtors are using Canva to cut their marketing budgets in half. Join Realtor Networking & Social Media Tips 4. 188,000+ Realtors can’t be wrong! Join Canva Made Easy 3. Join Real Estate Mastermind 5.

Real Estate Agent 418

Real Estate Agent Real Estate Agents Realtors 418

Housing Wire

OCTOBER 31, 2024

Thursday marks the one-year anniversary of the jury verdict in the Sitzer/Burnett commission lawsuit , which found the National Association of Realtors (NAR) HomeServices of America and Keller Williams liable for artificially inflating agent commissions.

Real Estate 447

Real Estate Brokerage Agents Training 447

Housing Wire

APRIL 8, 2024

In addition to the monetary award, Real has also agreed to implement business policy changes as part of the settlement, including “clarifications about the negotiability of commissions, prohibitions on claims that buyer agent services are free, and the inclusion of listing broker compensation offers in communications with clients.”

Brokerage 397

Brokerage Real Estate Agent Real Estate Clients 397

Housing Wire

JULY 24, 2024

The Real Brokerage has poached a high-performing Realtor team in Cleveland. Kaim Team is bringing its 25-members to the company, becoming the largest team operating in Ohio that’s affiliated with Real. Real hopes the team can provide more juice to a market that’s part of a trend of booming cities in the midwest.

Agents 459

Agents Brokerage Training Real Estate 459

Housing Wire

NOVEMBER 16, 2023

For decades, disruptors and innovators in the residential real estate industry have been trying to chip away at the near monopoly that Realtors have had over home sales. The monumental verdict in the Sitzer/Burnett commission lawsuit trial may finally be the giant-killing blow against the National Association of Realtors (NAR).

Realtors 448

Realtors Contracts Real Estate Agents 448

Housing Wire

MAY 7, 2024

The coming changes that Poleg referenced are the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement. Many in the industry believe these changes will cause industrywide agent attrition, which could clearly put a damper on Real’s impressive agent count growth.

Agents 459

Agents Brokerage Training Business 459

Housing Wire

OCTOBER 23, 2023

In the motion, HomeServices claimed that no evidence has been presented to show they conspired with the National Association of Realtors (NAR) and other brokerages on rules for commissions. In her testimony, she noted that training modules receive very few views.

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Law Agents Realtors Contracts 459

Housing Wire

OCTOBER 16, 2023

The National Association of Realtors , Keller Williams , and Berkshire Hathaway are still going to court to fight the allegations. Some 40% of respondents say they are focusing on educating and training their agents. Today, the first class action commission lawsuit goes to trial in Kansas City, Missouri.

Real Estate 446

Real Estate Brokerage Training Agents 446

Housing Wire

OCTOBER 3, 2023

Compound that with the many sexual harassment and incompetency claims recently leveled against the National Association of Realtors (NAR) , and the confusion is understandable. Sadly, the understanding of the difference between a client and a customer is pitifully poor in our industry. But you do so at your own risk. Imagine that.

Agents 435

Agents Buyers Training Law 435

Housing Wire

MAY 8, 2024

Third, Compass agents have doubled down on training to help them better communicate their value proposition. Reffkin added that he also believes agents will have to sell their brokerage firm’s value proposition to prospective clients if they want to gain their business.

Agents 467

Agents Real Estate Brokerage Clients 467

Housing Wire

SEPTEMBER 18, 2024

Agent-to-agent referrals aren’t as commonly mentioned in most real estate lead generation training courses as cold calling or door knocking. 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? It’s a win-win!

Real Estate 468

Real Estate Real Estate Agent Agents Brokerage 468

Housing Wire

APRIL 16, 2024

Dahlhausen added that working as a loan officer is an opportunity for real estate agents to ”control the transaction” and ”ensure that the client is being taken care of” while increasing their compensation. Working as both an LO and agent was a way to better serve his clients, he said. For example, Realfinity pays LOs 1.4%

Real Estate Agent 488

Real Estate Agent Loan Officers Real Estate Agents 488

Housing Wire

AUGUST 23, 2024

In the newest episode of the RealTrending podcast , host Tracey Velt chats with Ryan Michaelis, chief growth strategist at Worth Clark Realty , about business growth through recruitment, flat-fee models for agents and the effects of the National Association of Realtors ’ (NAR) settlement on buyers and sellers across the industry.

Brokerage 435

Brokerage Property Management Agents Real Estate 435

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

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

OCTOBER 16, 2023

At the crux of the case is the allegation that commission rates are too high, it’s unfair that the seller pays the buyer’s agent’s commission, and that the National Association of Realtors’ (NAR) Code of Conduct and MLS Handbook lead to set pricing. million, respectively. .” ” What’s at stake?

Buyers 482

Buyers Brokerage Agents Realtors 482

Housing Wire

OCTOBER 25, 2023

As Ketchmark began his questioning, he tried to show that the structure of HomeServices as the parent company of so many affiliates and franchises had the effect of enforcing the National Association of Realtors’ commission and Clear Cooperation policies. “Maybe the local company or the MLS does, but we don’t,” Blefari testified.

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Sellers Realtors Agents Buyers 448

Housing Wire

NOVEMBER 15, 2024

Portability is distinct from reciprocity in that it’s not a long-term solution, but rather, it enables an agent or broker to help a client outside of their own state of licensure (where permitted). Real estate license portability allows agents to work with clients in another state without being licensed there.

Real Estate 370

Real Estate Training Agents Real Estate Agent 370

Housing Wire

AUGUST 6, 2024

In March 2024, the National Association of Realtors (NAR) settled the nationwide commission lawsuits and agreed to several business practice changes, including a mandate that buyers sign a broker representation agreement prior to going on a home tour with their agent. We’ve taken our signals very much from the state associations.

Brokerage 448

Brokerage Realtors Agents Real Estate 448

Housing Wire

JANUARY 10, 2024

The study’s findings are far below the 12 sales per year for the median agent suggested by the National Association of Realtors’ annual member survey , which the study attributes to sample bias for the survey – successful and full-time agents are more likely to respond to the survey than unsuccessful or part-time agents.

Agents 459

Agents Real Estate Real Estate Agent Training 459

Housing Wire

OCTOBER 16, 2020

NFHA said it will use the partnership to cross-promote Fair Housing initiatives, educate the public about Fair Housing rights, provide Fair Housing training to LGBTQ+ Real Estate Alliance members and collaborate to showcase instances of housing discrimination, according to a release. In addition, Guy Parker, a Realtor at Engel & V?lkers

Real Estate 514

Real Estate Training Development Tools 514

Housing Wire

JANUARY 27, 2023

After the 2008 mortgage meltdown, JVM let go of all its loan originators and trained its employees to target the jumbo loan market in the San Francisco Bay area instead. Under the revamped mode, business development officers build relationships with real estate agents to get leads and client advisors take incoming leads from borrowers.

Lending 418

Lending Real Estate Agent Loan Officers Retail 418

Housing Wire

MAY 14, 2024

It noted the upcoming changes to agent commission structures following the nationwide settlement by the National Association of Realtors (NAR) and several major brokerage firms. Some brokerages have already announced their intention to better illustrate the value of agents to clients.

Real Estate Agent 488

Real Estate Agent Agents Real Estate Buyers 488

Housing Wire

OCTOBER 1, 2022

A survey of appraiser members and non-appraiser members conducted by the National Association of Realtors found that only 3% of the 2,353 respondents reported witnessing or experiencing discrimination in an appraisal. Among appraiser respondents, more educational opportunities for new appraisers was also the top ranked response.

Appraisal 418

Appraisal Real Estate Agent Valuation Training 418

Housing Wire

OCTOBER 18, 2023

Ketchmark said the plaintiffs want the defendants, which include the National Association of Realtors , HomeServices of America and Keller Williams , to “return the money” they believe was unlawfully taken via commissions as a result of an alleged conspiracy between the defendants. I do believe training is essential.”

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Training Agents Real Estate Real Estate Agent 459