Housing Wire

MARCH 3, 2025

Introduction As part of our ongoing discussion on the concept of movement in the mortgage industry, it is readily apparent that the failure of mortgage companies to pivot or tweak their business models to satisfy changing market and other conditions has resulted in consolidation based on liquidity, buyback, financial and other concerns.

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Housing Wire

SEPTEMBER 4, 2024

Figure Technology Solutions , the parent company of Figure Lending LLC , announced on Wednesday the hiring of Ronald Chillemi as its first chief legal officer and corporate secretary. In June, the firm announced the launch of Figure Connect , a blockchain-based marketplace that connects buyers and sellers of private credit loans.

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Housing Wire

MARCH 11, 2025

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. How to protect yourself & your clients Verify the sellers identity Always request official identification before moving forward.

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Real Estate Agent Real Estate Agents Sellers 361

Appraisal Buzz

JANUARY 9, 2025

In some cases, AI and other digital tools have also been used to create convincing forgeries of documents or to automate the process of generating fake deeds and other legal documents. In 2024, the American Land Title Association (ALTA) highlighted the persistent challenge of seller impersonation fraud (SIF) within the real estate industry.

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Housing Wire

JULY 17, 2024

A newly released episode of the Real Estate Insiders Unfiltered Podcast explores the future state of buyer and seller relationships in the housing market after the National Association of Realtors ‘ (NAR) business practice changes take effect Aug. Zorn explained how he would approach a seller in the new market.

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Sellers Real Estate Buyers Legal Fees 459

Housing Wire

NOVEMBER 1, 2024

Real estate agents and real estate brokers are both licensed real estate professionals who can assist buyers and sellers, but you should be aware of some key differences and state-specific distinctions. A real estate agent is a licensed professional who represents buyers or sellers in real estate transactions. Let’s dive in!

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Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

MARCH 26, 2025

Under what NAR is calling its MLS Listing Options for Sellers policy , sellers will have the option to delay marketing their listing publicly as long as they sign the required disclosure. Despite the headlines , Phillip Cantrell, the founder of Benchmark Realty, characterized the move as a nothing burger.

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Housing Wire

MARCH 31, 2025

Now, a new website , called Washington Homeowner Rights, is soliciting NWMLS home sellers in Washington state for a potential class action lawsuit. Specifically, they are reaching out to home sellers who experienced a price drop or significant days on market.

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Clients Brokerage Real Estate Sellers 312

Housing Wire

FEBRUARY 3, 2025

Is the seller subject to a probationary review? Key issues include financial penalties for early termination, restrictions on the assignment of the contract upon a change in ownership of the seller, and incompatibility for the transfer of data to another system. Also, have any employees been promised future equity in the seller?

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Mortgage Contracts Insurance Sellers 418

Housing Wire

JANUARY 14, 2025

The on-again-off-again legal battle between Top Agent Network (TAN) and the National Association of Realtors (NAR) is now off. The suit argued that consumers should have a choice in whether or not they market their home on their local MLS. On Monday, the parties notified Judge Vince Chhabria of the U.S.

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Agents Legal Real Estate Agent Realtors 370

Housing Wire

MARCH 19, 2025

Implemented in May 2020, under CCP, listing agents have 24 hours from when they begin marketing a property to list it on their local MLS. At the time of issuing its second CID, the DOJ stated that it believed that the policy restricts home-seller choices and precludes competition from new listing services.

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Realtors Legal Sellers Law 243

Housing Wire

OCTOBER 3, 2024

Conrad discusses best practices for transparent conversations between listing agents and sellers, the value of educating sellers on the new buyer agent compensation agreements , and ways to show your value as a professional agent. Velt chimes in and shares how important it is to be transparent with sellers.

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Sellers Agents Training Clients 448

Housing Wire

AUGUST 21, 2024

For Linda O’Koniewski , the broker-owner of Leading Edge Real Estate , one of the largest hiccups so far was when one of her agents brought a buyer offer that included concessions to a seller. The seller basically told them to drop dead,” O’Koniewski said. “So, This allows them to keep their net but lower the price.

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Sellers Agents Real Estate Buyers 482

Housing Wire

DECEMBER 4, 2024

When looking ahead to 2025, the challenges Kelly is anticipating having to prepare for include slow housing market conditions and potential regulatory or legal challenges. We are not going not going to head into 2025 in a full market recovery. There are still those cyclical market challenges ahead of us.

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Housing Wire

AUGUST 5, 2024

eXp Realty recently released forms that make it clear it is firmly up to the seller to decide whether or not they will offer buyer broker compensation. At Side, we’ve invested millions into our brokerage platform, including in the quality of managers that run each market we are in. Dwiggins said.

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Sellers Buyers Agents Advertising 468

Housing Wire

OCTOBER 15, 2024

“Frustration happens when one agent who is doing things the legacy way calls up the listing broker and asks what they are doing for cooperative compensation, and the listing broker tells them they aren’t, but their seller is willing to consider all offers, so ask for the compensation in the offer,” Srivatsaa said. Approaching the Aug.

Real Estate 448

Real Estate Brokerage Sellers Agents 448

Housing Wire

MARCH 8, 2025

When the National Association of Realtors (NAR) first started its Profile of Home Buyers and Sellers in 1981, it found that single women were the second largest demographic in the U.S. housing market , trailing only married couples. That was only seven years after women were legally allowed to obtain a mortgage without a cosigner.

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Buyers Legal Realtors Realty 359

Housing Wire

DECEMBER 6, 2024

Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. We’ll also share best practices for developing and sending real estate newsletters and recommend some essential tools to make your email marketing stand out.

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Real Estate Clients Tools Sellers 397

Housing Wire

OCTOBER 15, 2024

In the suit, Homie claims it was harmed by the anticompetitive practices of NAR and the brokerage defendants, noting that it filed the suit to “recover the damages … suffered as an excluded competitor foreclosed by the Defendants’ conduct from effective competition in the relevant market.”

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Brokerage Sellers Realty Realtors 434

Housing Wire

DECEMBER 16, 2024

The family-run brokerage firm recorded some legal w ins and losses , developed new tools for agents and clients , and navigated one of the slowest years for home sales in nearly three decades. The company has been in business since 1957 as we always say, we are a multigenerational company and that is not just a marketing phrase, Hanna said.

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Real Estate Brokerage Agents Buyers 370

Housing Wire

AUGUST 8, 2024

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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Housing Market Marketing Mortgage Sellers 488

Housing Wire

APRIL 3, 2025

In the complaint, Homie claimed it filed the suit to recover the damages suffered as an excluded competitor foreclosed by the Defendants conduct from effective competition in the relevant market. As a flat-fee brokerage, Homie charged sellers a flat fee to list their property on the MLS.

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Sellers Brokerage Real Estate Agents 260

Housing Wire

MARCH 26, 2025

The MLS defendant argues that the DOJs objections to its proposed settlement agreement are policy-based and not legally sound. DOJ is simply wrong when it suggests that some irresistible force will result in only a small number of sellers offering no compensation even when they wish to do so, MLS PIN adds.

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Sellers Real Estate Realtors Real Estate Agent 221

Housing Wire

DECEMBER 27, 2024

It can vary widely depending on the size of the team, its overall goals and the type of market it serves. The Multi-Level Marketing (MLM) Team Team members focus on recruiting agents to build the team while receiving residual income for agents in their downline. Sellers agents: Listing agents specialize in representing sellers.

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Real Estate Tools Agents Real Estate Agent 418

Housing Wire

JANUARY 9, 2025

According to the motion, if approved, the settlements would bring meaningful relief to home sellers as well as certainty and closure to highly contentious and costly litigation with the Settling Defendants. This motion comes despite backlash against the settlements from plaintiffs in other home seller commission lawsuits.

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Brokerage Real Estate Sellers Development 418

Housing Wire

AUGUST 9, 2024

Co-hosts James Dwiggins and Keith Robinson urge agents to stop sharing commissions and discuss ways that listing agents can put their seller’s needs first while avoiding legal trouble and creating an excellent experience for their clients in an uncertain market.

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Real Estate Advertising Legal Agents 448

Housing Wire

JANUARY 27, 2025

If so, here’s how to return back to our roots and navigate an ever changing market. The key is to offer valuewhether through listing alerts, personalized market reports, or consistent follow-ups. To do so, develop strategies and programs that cater to buyers and sellers at every stage. Isn’t that promising?

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Real Estate Clients Technology Agents 397

Housing Wire

OCTOBER 31, 2024

Listing agents are only advertising their seller’s offer of buyer broker compensation if the seller instructs them to do so. Otherwise, NextHome agents are telling buyer’s agents to ask for compensation in their offer and the seller can consider it.

Real Estate 448

Real Estate Brokerage Agents Training 448

Appraisal Buzz

JULY 30, 2024

Some key findings from the survey include: Agents are optimistic about the future: Almost half of agents surveyed (46%) were optimistic about their market for the next 12 months, with only 18% feeling pessimistic. Canada markets. Less than one-third (30%) saw the market as balanced, a small decrease since last month (3%).

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Agents Marketing Clients Real Estate Agent 418

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like? Factors like location and condition of the property and the market demand for REO and other existing home sales, impact the current landscape for REO assets.

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Business Marketing Real Estate Legal 435

Housing Wire

NOVEMBER 8, 2024

I know that this year, to say the least, has been quite a memorable year,” said Charlie Lee, NAR’s senior counsel and director of legal affairs. We as an industry have spent 30 to 40 years building the greatest marketplace ever in the world of real estate for home buyers and sellers,” Dwiggins said. “We

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Real Estate Agents Business Realtors 418

Housing Wire

JUNE 11, 2024

In a legal brief filed on Monday, MLS Property Information Network (MLS PIN) made it clear that it does not agree with the Department of Justice ‘s position on the banning of cooperative compensation, as outlined in the DOJ’s statement of interest in the Nosalek commission lawsuit.

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Legal Law Real Estate Real Estate Agent 459

Housing Wire

SEPTEMBER 5, 2024

The Consumer Federation of America (CFA) is calling for policy changes that would help alleviate the difficulties for homebuyers using Federal Housing Administration (FHA) loans when competing in tight markets. mortgage market in 2023, up from 14.3% of the U.S. in 2022, according to HUD.

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Buyers Real Estate Agent Inspection Real Estate 476

Housing Wire

AUGUST 22, 2024

In a lawsuit filed Thursday, real estate startup Homie Technologies claims that home seller consumers were not the only ones harmed by the real estate industry’s allegedly anticompetitive practices. Buyers using Homie would receive some or all of any BAC offered by the seller,” the complaint states.

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Realtors Buyers Real Estate Brokerage 482

Housing Wire

MARCH 14, 2024

housing market. Legal experts told HousingWire that it is rare to see the Fed offer an opinion about an ongoing legal debate, as it typically does not want viewed as an influence on court decisions. Because of this, the authors believe buyer agents are then able to “command commission above cost.”

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Agents Legal Real Estate Agent Buyers 459

Housing Wire

JULY 2, 2024

The district court applied an incomplete legal framework in evaluating whether REX had presented a genuine dispute of material fact on concerted action in this case,” the filing states. On Tuesday, the CFA announced it had also sent an analysis of CAR’s seller agreement to the DOJ. forms will try to get around the NAR settlement.

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Housing Wire

SEPTEMBER 18, 2024

Dawn Pfaff is a free-market evangelist, and that informs how she runs MyState MLS. You have to follow the law, but if it’s legal, you can do it,” Pfaff said. “We After months of legal maneuverings, the suit has since been stayed until after the final approval of NAR’s settlement of the ​​Sitzer/Burnett case in November.

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