Remove Housing Market Remove Legal Remove Real Estate Agent
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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

To answer that, we’ll take a deep dive into the differences between the many types of real estate professionals, including a real estate agent and a real estate broker. Summary What is a real estate agent? What does a real estate agent do? Let’s dive in!

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How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

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Real estate teams get most deals from their ‘sphere of influence’

Housing Wire

Despite a frozen housing market and significant uncertainty related to the National Association of Realtors ‘ antitrust settlements, teams are generally optimistic about the future. About 45% of respondents say it’ll be easier to recruit agents, as many will be more interested in joining due to the settlement.

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First-time homebuyers are being insulated by slower market conditions. Will it last?

Housing Wire

And it is a little bit early, but some of the preliminary data I have looked at show that sellers are continuing to pay buyer agent compensation.” According to Mandy Nichols, a Dallas-based Brixstone Real Estate agent, this requirement is causing some first-time buyers to forego representation if it is not property explained.

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Housing market hinges on mortgage rates and supply, not commission structures

Housing Wire

Although there is no doubt that business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement are going to impact how real estate industry professionals operate, economists aren’t too sure they’ll have much bearing on the housing market. “I

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Yes, real estate agents need to protect trademark rights in your brand

Housing Wire

Generally, a brand name will be easier to remember, which can only work to your advantage in a competitive housing market. Without a federal trademark registration, you’ll have little to no legal recourse. It’s how customers recognize you in the marketplace and distinguish you from your competitors.

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Real estate agents prepare for their own Olympics — the navigation of business practice changes

Housing Wire

In Minnetonka, Minnesota, Bryan VantHof — who is a member of the RE/MAX Advantage Plus -brokered The Minnesota Real Estate Team — said he feels ready to handle whatever the industry and the housing market throw at him. “I