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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 a luxury real estate agent fell for a listing scam

Housing Wire

We discussed the current market conditions and revisited the propertys previous listing history including that the last agent had failed to sell it, eventually pulling it off the market 60 days later. Taking these extra steps can help prevent major financial and legal consequences later. Consider signing up for one.

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Commission facilitator RLTYco secures $20 million in Series A funding

Housing Wire

A startup that wants to help independent real estate agents and brokers manage the logistics of their business is getting a big boost. RLTY Capital acquires pending residential and commercial commissions, allowing agents to access that money on an expedited timeline. RLTY Tax provides a network of CPAs. Ventures, SERHANT.s

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California AG charges first real estate agent with price gouging after LA fires

Housing Wire

California Attorney General Rob Bonta announced last week that criminal charges have been filed against a real estate agent who allegedly tried to price gouge a couple who lost their home in the Eaton fire. That blaze has consumed about 14,000 acres in the Altadena area north of LA.

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

Housing Wire

The market is not great, so we aren’t often dealing with multiple-offer situations. 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.” Many first-time homebuyers don’t have enough to pay the agent and all the closing costs,“ Nichols said.

Marketing 448
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Feds seek to enlist real estate agents in anti-corruption push

Housing Wire

The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents.

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Math and empathy: Changing negative perceptions about real estate agents

Housing Wire

In my circle, I hear this often about real estate agents as well (“They hardly do anything and get 6%!”). In a later article, I will devote pages and vent my spleen at those who thus insult teachers and farmers, but here I will do so in favor of the much maligned real estate agent. Is this fair?