Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

Buyers 474

Buyers Contracts Agents Realtors 474

Housing Wire

AUGUST 27, 2020

The seasonally-adjusted index measuring signed contracts was up 15.5% year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors. “We pending home sales rose 5.9% million, a 1.1% gain compared with 2019.

Contracts 501

Contracts Realtors New Listings Real Estate 501

Housing Wire

DECEMBER 18, 2024

After pushing back against an antitrust lawsuit filed against it in Michigan , the National Association of Realtors (NAR) has shifted its focus to a similar suit filed against the trade group in Pennsylvania.

Realtors 397

Realtors Contracts Law Realty 397

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

AUGUST 29, 2024

Many state Realtor associations’ new forms —such as buyer representation agreements—are largely incomprehensible to the average homebuyer or seller and have language that seeks to avoid the terms of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement , according to a report released earlier this month.

Buyers 448

Buyers Realtors Agents Sellers 448

Housing Wire

JANUARY 30, 2025

Pending home sales ended the year on a down note, according to data published on Thursday by the National Association of Realtors (NAR). Compared to a month prior, contract signings fell 5.5% An index reading of 100 is equal to the level of contract signings in 2001. Annually, pending home sales were down 5.0% in the West.

Contracts 429

Contracts Housing Market Buyers Realtors 429

Housing Wire

SEPTEMBER 17, 2024

DC Attorney General Brian Schwalb accused Curbio of defrauding homeowners by luring them into contracts that allowed the company to pilfer their home equity over minor violations. The AG also accused the company of acting as an unlicensed lender and performing subpar renovations.

Renovations 432

Renovations Realtors Real Estate Agent Contracts 432

Housing Wire

SEPTEMBER 26, 2024

After hitting the second-lowest level on record in July , pending home sales rose slightly in August, according to data released Thursday by the National Association of Realtors (NAR). A reading of 100 is equal to the level of contract activity in 2001. On a regional basis, contract signings rose in the Midwest (up 3.2%

Contracts 453

Contracts Realtors Housing Market Mortgage 453

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

FEBRUARY 14, 2025

When the Department of Justice (DOJ) came out in opposition of buyer representation agreements as they are defined in the National Association of Realtors (NAR) commission lawsuit settlement agreement, Alabama Association of Realtors took notice.

Realtors 201

Realtors Law Buyers Contracts 201

Housing Wire

MARCH 31, 2021

drop in the number of homes in contract from the prior month, according to new data from the National Association of Realtors. Gradually increasing mortgage rates, heightened home prices and inventory levels at historic lows finally coalesced in February to depress in-contract deals. and West (96.9) respectively.

Inventory 511

Inventory Contracts Housing Market Buyers 511

Housing Wire

APRIL 17, 2024

In a writ of certiorari filed in early February, HomeServices told the Supreme Court that each of its client contracts state that the “signatories can arbitrate any claim or dispute arising out of the contract.” There is no dispute that the plaintiffs agreed to contracts that include mandatory arbitration provisions.

Contracts 448

Contracts Brokerage Law Real Estate Agent 448

Housing Wire

AUGUST 10, 2020

According to the National Association of Realtors , contract signings kicked off strong in August , with the most contract signings last week in the Midwest, at 21%. The South followed, at 20%; the Northeast at 13%; but the West actually declined, by 4%. Now, agents are showing and selling nonstop.

Agents 544

Agents Business Inventory Real Estate Agent 544

Housing Wire

JULY 22, 2024

According to an announcement, the software can automatically detect and remediate listing descriptions and photos that do not comply with the terms the National Association of Realtors ‘ nationwide commission lawsuit settlement agreement. The concept of collaborating with other MLSs is a key strategy for us today and in the future.”

Technology 448

Technology Real Estate Agent Realtors Contracts 448

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.

Buyers 497

Buyers Contracts Real Estate Agents 497

Housing Wire

JULY 26, 2024

In a release, Payload said it created the solution in response to the terms of the National Association of Realtors’ nationwide commission lawsu it settlement agreement , and the potential changes to buyer agent compensation. Payload has designed a tool to help agents bill their buyer clients.

Tools 459

Tools Buyers Agents Contracts 459

Inman

AUGUST 20, 2024

The National Association of Realtors' proposed settlement agreement requires brokers and agents to sign contracts with buyers they're "working with." But what exactly does that mean?

Contracts 193

Contracts Open Houses Buyers Realtors 193

Housing Wire

JANUARY 3, 2023

according to data released last Wednesday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. Pending home sales fell for the sixth consecutive month in November, recording a 4.0% month-over-month drop that resulted in an index reading of 73.9,

Contracts 511

Contracts Housing Market Realtors Construction 511

Housing Wire

DECEMBER 30, 2020

year-over-year, according to a report from the National Association of Realtors. Year-over-year, contract signings increased by 16.4%. Although month-over-month contract activity fell in all four major regions, there were still gains in pending home sales transactions. Presented by: WFG.

Contracts 535

Contracts Inventory Realtors Government 535

Housing Wire

NOVEMBER 30, 2020

in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. However, borrowers are still maintaining a strong pace, as contract signings are up 20.2% pending home sales fell 1.1% compared to a year ago.

Inventory 535

Inventory Realtors Contracts Development 535

Housing Wire

APRIL 4, 2024

Despite settlement agreements from Anywhere , RE/MAX , Keller Williams , Compass and the National Association of Realtors (NAR), the copycat commission lawsuits keep coming. seller commission when it was after signature of the Seller Agent contract moot because 6% of commission sharpen still occurred.”

Realtors 461

Realtors Agents Sellers Real Estate 461

Housing Wire

OCTOBER 28, 2022

according to data released Friday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. regions recorded year-over-year decreases in contract signings. Pending home sales continued their downward spiral in September, recording a 10.2% in September. in September.

Contracts 528

Contracts New Listings Realtors Housing Market 528

Housing Wire

OCTOBER 28, 2024

After previously taking issue with some of the forms generated as a result of the terms of the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement , University of Buffalo law professor Tanya Monestier is now objecting to NAR’s settlement. In a document filed on Monday in U.S. And I am confused.

Business 468

Business Sellers Realtors Buyers 468

Housing Wire

OCTOBER 9, 2024

17 , when the business practice changes outlined in the National Association of Realtors’ commission lawsuit settlement agreement had to be implemented, most brokers and agents were concerned about how they would disclose a seller’s offer of buyer broker compensation. Heading into Aug. Hampe Associates.

Buyers 468

Buyers Sellers Agents Contracts 468

Housing Wire

NOVEMBER 3, 2023

Thanks to provisions in both Anywhere’s and RE/MAX’s settlement agreements , as well as Redfin’s announcement that it would be requiring agents to cancel their National Association of Realtors membership, much of the speculation has focused on what will become of NAR’s 1.5 million members. Certainly there are a lot of places in the U.S.

Realtors 459

Realtors Agents Contracts Brokerage 459

Housing Wire

JUNE 27, 2024

After rising in March , pending home sales continued to slide in May, with the Pending Home Sales Index (PHSI) posting its second consecutive month of declines to reach a record low, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001.

Inventory 501

Inventory Contracts Realtors Buyers 501

Appraisal Buzz

OCTOBER 30, 2024

The National Association of REALTORS (NAR) reports that pending home sales increased in September. increase in the Pending Home Sales Index (PHSI), a measure of future home sales based on contract signings, to 75.8, increase in the Pending Home Sales Index (PHSI), a measure of future home sales based on contract signings, to 75.8,

Contracts 418

Contracts Buyers Inventory Mortgage 418

Housing Wire

AUGUST 2, 2024

According to the news release, The BIG Agent provides real estate professionals with a way to deal with the implementation of the National Association of Realtors’ (NAR) commission lawsuit settlement agreement and new state regulations. Users can send documents to clients’ phones for e-signature tasks.

Technology 446

Technology Agents Mortgage Open Houses 446

Housing Wire

MARCH 28, 2024

Originally filed in March 2019, the Moehrl lawsuit alleges that real estate industry participants including HomeServices, the National Association of Realtors (NAR), Anywhere , RE/MAX and Keller Williams conspired to artificially inflate real estate agent commissions. The suit obtained class certification in March 2023.

Real Estate Agent 456

Real Estate Agent Realtors Real Estate Sellers 456

Housing Wire

MAY 30, 2024

in April compared to March as rising mortgage rates weighed on the market, according to data released Thursday by the National Association of Realtors (NAR). New-home sales , which are also based on contract signings, fell 4.7% Pending home sales sales dropped 7.7% Year over year, pending transactions fell 7.4%. All four U.S.

Real Estate Agent 531

Real Estate Agent Inventory Realtors Buyers 531

Housing Wire

FEBRUARY 5, 2024

In late October 2023, a Missouri jury found HomeServices of America, as well as Keller Williams and the National Association of Realtors , liable for colluding to artificially inflate real estate agent commissions. There is no dispute that the plaintiffs agreed to contracts that include mandatory arbitration provisions.

Contracts 435

Contracts Brokerage Law Real Estate Agent 435

Housing Wire

DECEMBER 11, 2024

Weekly pending contracts Now that we see how sales can grow with mortgage demand and purchase applications, let’s look at how it tracks into our weekly pending contract data. We have observed that pending contracts improved when mortgage rates dropped to around 6%.

Contracts 455

Contracts Housing Market Inventory Mortgage 455

Housing Wire

JULY 31, 2024

After plummeting to an all-time low in May , pending home sales bounced back a bit in June, with the Pending Home Sales Index rising 4.8%, according to data released Wednesday by the National Association of Realtors (NAR). A reading of 100 is equal to the level of contract activity in 2001. The index rose from a reading of 70.8

Housing Market 468

Housing Market Inventory Contracts Realtors 468

Housing Wire

APRIL 30, 2024

Through the terms of the National Association of Realtors’ (NAR) commission lawsuit settlement agreement Zillow is now getting into buyer representation agreements. Over the years, Zillow has made it clear that it wants to help consumers with all aspects of their homebuying journey.

Buyers 521

Buyers Agents Clients Realtors 521

Inman

SEPTEMBER 30, 2024

University of Buffalo contracts law professor Tanya Monestier's sample form makes clear the buyer is on the hook for buyer broker compensation so long as they successfully close a deal.

Contracts 190

Contracts Law Buyers Realtors 190

Housing Wire

JANUARY 26, 2024

month over month in December, according to the newest data from the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. New home sales , another measure of contract signings, rose 8% in December on the back of declining mortgage rates. in November.

Contracts 482

Contracts Housing Market Construction Inventory 482

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. 20, the National Association of Realtors said that contract signings were up 23% year over year. Now, believe it or not, fall home-buying season is in full swing.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546