Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.

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Real Estate Agent Loan Officers Real Estate Agents 432

Housing Wire

APRIL 10, 2024

I think it’s exactly what real estate agents need and what the industry has not been able to offer until now,” Berkin said in a statement. . “I’m hoping it can be the dominant organization nationwide.

Real Estate Agent 451

Real Estate Agent Real Estate Agents Legal 451

Housing Wire

JULY 26, 2024

Whether you’re a year away from selling or hoping to close in a few months, a timeline is important for all parties, especially if your family member needs to sell an existing home, secure financing, and arrange moving details. Discuss financing. Does your buyer need to secure a mortgage ? Are they buying with cash?

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Market Value Real Estate Agent Real Estate Finance 398

Housing Wire

OCTOBER 27, 2023

You’re asking them to try to take the place of real estate agents who guide consumers through all the legal, financial and community complexities of buying a home even as 89% of homebuyers would use their agent again or recommend their agent to others. They decipher public property information.

Real Estate Agent 485

Real Estate Agent Real Estate Realtors Buyers 485

Housing Wire

MARCH 28, 2024

At the moment, IPCs “include concessions from the seller to the buyer for items that are traditionally paid by the buyer such as loan closing costs or rate buy-downs,” but as buyer agents are customarily paid by the listing agent, their fees are excluded from caps on the IPCs.

Real Estate Agent 438

Real Estate Agent Sellers Buyers Real Estate 438

Housing Wire

NOVEMBER 9, 2023

So, the fact that we are now seeing things further in the process come down to agents and brokers — I was not entirely surprised by that.” In addition to the DOJ, real estate agent commissions may have caught the eye of yet another government agency. Solicitor General Paul Clement to its legal team. “I

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Legal Real Estate Real Estate Agent Law 372

Housing Wire

SEPTEMBER 6, 2024

The four firms in question all had joint ventures (JVs) or affiliated business arrangements (ABAs) in which real estate agents, who were also business referral sources, were investors. or divest real estate agents from their ownership interests. Thus, a JV could comply with the D.C. illegal.”

Insurance 405

Insurance Real Estate Agent Law Real Estate 405

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State.

Real Estate 382

Real Estate Real Estate Agent Agents Brokerage 382

Housing Wire

AUGUST 22, 2024

In the complaint, Homie claims that it is bringing this legal action to “recover the damages…suffered as an excluded competitor foreclosed by the Defendants’ conduct from effective competition in the relevant market.” Homie is asking for damages and a permanent injunction against the defendants and is demanding a jury trial.

Realtors 482

Realtors Buyers Brokerage Real Estate 482

Housing Wire

JANUARY 11, 2024

There was industry-wide shock when the Missouri jury found NAR, Keller Williams and HomeServices of America liable for colluding to artificially inflate real estate agent commissions.

Real Estate Agent 455

Real Estate Agent Real Estate Buyers Agents 455

Housing Wire

DECEMBER 8, 2023

Originally filed in late November, the Phillips lawsuit accuses real estate industry players of colluding to artificially inflate real estate agent commissions. This week alone two new lawsuits were filed in Florida and Pennsylvania.

Brokerage 448

Brokerage Realty Real Estate Agent Real Estate 448

Housing Wire

MARCH 8, 2024

If you sold a home and paid a commission to a real estate agent, you may be part of class action settlements,” the postcards read. JND Legal Administration is in charge of distributing the mailers, emails and press releases. Millions are expected to be sent out across America. “If

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Agents Legal Realtors Clients 412

Housing Wire

DECEMBER 1, 2023

In the face of a copycat commission lawsuit , the Real Estate Board of New York has vowed to fight. In an email blast sent to REBNY members, the New York City real estate agent trade group said it would “vigorously defend the litigation.”

Real Estate Agent 376

Real Estate Agent Real Estate Agents Brokerage 376

Housing Wire

NOVEMBER 5, 2023

Active vs. passive real estate prospecting Real estate prospecting ideas Tips for effective real estate prospecting What is real estate prospecting? The objective is to generate leads and build a pipeline of prospective business opportunities to sustain and grow their real estate business.

Real Estate 421

Real Estate Tools Real Estate Agent Open Houses 421

Housing Wire

MARCH 14, 2022

Never in her decades-long career did Giguiere think she might be responsible for monitoring and reporting potential criminal activity in the real estate market. “It It is just ridiculous to put that on real estate agents and companies,” Giguiere said. That is not the role of a real estate agent.

Real Estate 427

Real Estate Insurance Law Real Estate Agent 427

Housing Wire

NOVEMBER 8, 2023

Another day and another class-action antitrust commission lawsuit accusing the real estate industry of colluding to inflate real estate agent commissions has been filed. But this latest one comes with a twist — it was filed by homebuyers, unlike the others filed by home sellers.

Real Estate 454

Real Estate Realtors Sellers Agents 454

Appraisal Buzz

JUNE 28, 2024

Legal counsel for NAR approved the agreement in early March. But a new study recently released by AccountTECH, an accounting software provider for the real estate industry, shows that virtually all brokerages across the U.S. will become unprofitable once the market changes from the NAR settlement go into effect.

Brokerage 354

Brokerage Real Estate Agents Real Estate Agent 354

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. The lender and LO can make or break the transaction.”

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Buyers Agents Loan Officers Real Estate 398

Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Ready to find a real estate brokerage?

Real Estate 394

Real Estate Real Estate Agent Brokerage Agents 394

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

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Sellers Buyers Real Estate Agents 446

Housing Wire

AUGUST 12, 2024

The complaint states that after lawsuits in Florida, Georgia, Alabama and California found that compulsory membership of NAR for access to the MLS to be an unfair restraint of trade, NAR transferred the mandatory membership requirement to state and local associations, which the plaintiffs claim “essentially perpetuates their same compulsory membership (..)

Real Estate 501

Real Estate Realtors Agents Real Estate Agent 501

Housing Wire

NOVEMBER 2, 2023

Goldberg’s departure comes just two days after a federal jury in Kansas City, Missouri, ruled that NAR, HomeServices of America and Keller Williams had colluded to artificially inflate real estate agent commission rates.

Real Estate Agent 479

Real Estate Agent Realtors Real Estate Development 479

Housing Wire

APRIL 11, 2024

Many real estate executives and analysts believe that the Department of Justice , now with the green light to reopen its investigation into the National Association of Realtors , will shake up the civil commission lawsuit settlement agreement. But legal experts are not as certain.

Real Estate 415

Real Estate Law Realtors Legal 415

Housing Wire

FEBRUARY 16, 2024

A second home seller in Nevada has filed a lawsuit alleging that real estate industry players in the state have colluded to artificially inflate real estate agent commissions. The copycat commission lawsuit was filed on Friday in U.S. District Court in Las Vegas by Nevada home seller Angela Boykin.

Real Estate 417

Real Estate Realtors Realty Brokerage 417

Housing Wire

DECEMBER 27, 2024

Our goal is to help educate you on what a real estate team is, how they work and the types of agents who thrive on teams. How do real estate teams work? Step 7: Come to an agreement The last step in joining a real estate team is to sign the team agreement.

Real Estate 361

Real Estate Tools Agents Real Estate Agent 361

Housing Wire

AUGUST 29, 2024

million to settle civil claims that they’ve engaged in kickbacks with real estate agents through joint ventures in the Washington, D.C. The four title companies involved in the settlements were affiliated businesses that were created by real estate professionals and brokerages investing in the start up costs of the firms.

Real Estate Agent 294

Real Estate Agent Insurance Real Estate Law 294

Housing Wire

AUGUST 17, 2023

The Consumer Finance Protection Bureau (CFPB) issued orders against Freedom Mortgage Corporation and Realty Connect USA Long Island for illegal kickbacks on Thursday, the first enforcement action associated with the 1974 Real Estate Settlement Procedures Act in six years.

Realty 369

Realty Mortgage Brokerage Real Estate 369

Housing Wire

FEBRUARY 12, 2024

District Court in Utah, accusing real estate industry players of colluding to artificially inflate real estate agent commissions. On Friday, home seller plaintiff Dalton Jensen filed an antitrust lawsuit in U.S. 9, 2020, and the present, and paid a buyer broker commission.

Real Estate 440

Real Estate Real Estate Agent Realtors Buyers 440

Housing Wire

MARCH 5, 2024

While the suit pertains to homebuyers and not sellers, the issue of real estate agent compensation is central to the suit. In the complaint, the plaintiffs argue that they as homebuyers paid too much to purchase their homes; they allege they were unable to negotiate the compensation paid to their agent.

Real Estate 389

Real Estate Real Estate Agent Sellers Realtors 389

Housing Wire

JANUARY 16, 2024

The latest copycat commission lawsuit alleges that real estate industry players in Nevada have colluded to artificially inflate real estate agent commissions. The suit was filed on Monday in U.S.

Realtors 436

Realtors Real Estate Real Estate Agent Sellers 436

Housing Wire

JANUARY 8, 2024

We are currently evaluating the substance of the motion and the best manner for HomeServices to continue to protect those we represent and defend our position in the appropriate legal forums,” the statement continued.

Real Estate 347

Real Estate Realty Real Estate Agent Legal 347

Housing Wire

DECEMBER 26, 2023

You’ll need to complete 75 hours of prelicensing classes to get licensed as a real estate agent in North Carolina. We’ve done the research for you, evaluating the many courses available to pinpoint the best real estate schools in North Carolina to help you pass the state exam and set you up for early career success.

Real Estate 391

Real Estate Real Estate Agent Design Law 391

Housing Wire

JULY 12, 2022

A certification lightens the legal liability of bias. Bureau of Labor Statistics , hemorrhaged 5,000 jobs in May, Inside Mortgage Finance reported. But an attestation, however comprehensively phrased, can’t dissolve deep racial prejudices or make the appraiser workforce more diverse.

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Appraisal Inspection Real Estate Agent Training 432

Housing Wire

SEPTEMBER 13, 2024

. “As a delegate, Terrie was recognized by legislative peers and constituents as an expert on housing policy to include real estate licensure, common interest communities, landlord tenant issues, real estate finance, foreclosure , and building and fair housing issues,” her bio reads.

Realtors 348

Realtors Real Estate Landlords Tenants 348

Housing Wire

JANUARY 8, 2024

31, 2023, when a Missouri jury found the National Association of Realtors , HomeServices of America , and Keller Williams liable for colluding to artificially inflate real estate agent commissions, to prepare and file these motions. The parties had since Oct. HomeServices of America filed three post-trial motions Monday evening.

Law 353

Law Real Estate Real Estate Agent Legal 353

Housing Wire

NOVEMBER 4, 2024

“Kiavi launched a new construction financing product. This product leverages Kiavi’s technology and data platform to offer competitively priced, transparent, and reliable capital to real estate developers looking to rebuild outdated houses or build new homes on vacant lots.

Real Estate 237

Real Estate Technology Tools Real Estate Agent 237

Housing Wire

FEBRUARY 1, 2024

In late October 2023, an eight-person jury in Missouri found Keller Williams, along with defendants, NAR and HomeServices of America, liable for colluding to artificially inflate real estate agent commissions. The jury awarded full damaged of $1.7 billion, which under federal antitrust rules is trebled to over $5 billion.

Agents 492

Agents Realtors Real Estate Real Estate Agent 492