Housing Wire

NOVEMBER 20, 2024

The balance request includes additional damages for legal fees and a jury trial. Tal and Oren Alexander were superstars among real estate agents in New York City and Miami, having represented ultra wealthy clients at Douglas Eliman before leaving to found Official in 2022. million promissory note Side extended in April.

Legal Fees 415

Legal Fees Real Estate Agent Brokerage Real Estate 415

Housing Wire

JULY 23, 2021

How, if at all, does it practically affect agents? Mathew Blake: This is not an obscure, legal matter. Many scholars and antitrust lawyers, but not many agents, say U.S. real estate commissions are artificially inflated by an illegal horizontal conspiracy between NAR and brokerages. Become a member today.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Brokerage 448

Housing Wire

AUGUST 28, 2024

While some in the real estate industry are expecting to see a decline in the number of buyer’s agents as a result of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement , others have taken it a step further and are betting their companies on it. Meet the AI real estate agent.

Real Estate Agent 468

Real Estate Agent Real Estate Agents Modernization 468

Housing Wire

APRIL 9, 2025

A new report from Anytime Estimate , a subsidiary of Clever , reveals that while the vast majority of American homesellers still plan to work with real estate agents in 2025, concerns about trust, commission fees , and agent value are reshaping expectations of those entering the housing market.

Sellers 331

Sellers Agents Real Estate Agent Real Estate 331

Housing Wire

AUGUST 4, 2023

Achieving success as a real estate agent requires more than simply understanding the mechanics of the job. Here are 10 essential skills every real estate agent should possess. Here are 10 essential skills every real estate agent should possess. Another hat to place on your head?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

SEPTEMBER 26, 2024

In the six months since news of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement broke, agent attitudes toward the settlement’s required business practice changes have only slightly improved. This is according to a study published earlier this week by real estate technology firm Clever Real Estate.

Real Estate Agent 488

Real Estate Agent Real Estate Agents Buyers 488

Housing Wire

OCTOBER 9, 2023

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.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Brokerage 448

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. While the dismissal of the suit marks the end of this chapter in the legal battle between TAN and NAR, since the suit was dismissed without prejudice, TAN could refile the suit if they so choose.

Agents 370

Agents Legal Real Estate Agent Realtors 370

Housing Wire

JULY 28, 2023

Real estate agents and business leaders play a pivotal role in improving the cities in which they operate, making community service an essential value to their professions. Learn neighborhood issues firsthand Community service allows agents to experience the community in a deep way.

Real Estate Agent 368

Real Estate Agent Real Estate Agents Clients 368

Housing Wire

APRIL 25, 2024

On Thursday, Louis Ronayne and Deborah Ronayne filed a complaint aiming for class-action status in the U.S.

Legal 446

Legal Agents Brokerage Real Estate 446

Housing Wire

SEPTEMBER 7, 2023

While tax planning is a year-round task, real estate agents can take some specific actions before the New Year to significantly cut their taxable income. This content should not be considered accounting or legal advice. You should consult your local tax or legal professional in your state for appropriate strategies.

Real Estate Agent 418

Real Estate Agent Real Estate Agents Business 418

Housing Wire

FEBRUARY 14, 2024

A federal trademark registration provides legal protection for you in many ways, including: First, when you apply for federal trademark registration, you will usually want to conduct a search for prior conflicting marks before you apply. Without a federal trademark registration, you’ll have little to no legal recourse.

Real Estate Agent 459

Real Estate Agent Real Estate Agents Brokerage 459

Housing Wire

JANUARY 14, 2025

Obtain a real estate broker license Your new chapter begins with ensuring you meet all legal requirements to operate as a broker. Educational prerequisites Most states mandate completing 60 to 150 hours of real estate coursework to become a broker. This includes legal, tax, and state requirements.

Real Estate 365

Real Estate Brokerage Agents Real Estate Agent 365

Housing Wire

APRIL 1, 2024

Earlier in March, four agents formerly affiliated with Keller Williams — Jerri L. Hill and Kevin Ortiz — took legal action against the real estate brokerage by filing four separate class-action lawsuits. Moulder, David L. Bueker, Robert E.

Legal 468

Legal Brokerage Agents Real Estate 468

Housing Wire

SEPTEMBER 7, 2023

Leading Real Estate Companies of the World (LeadingRE) has promoted Jessica Edgerton to chief legal officer/executive vice president of industry and learning and Kate Reisinger to chief operating officer. Edgerton and Reisinger will have an impact on the global network of 550-plus independent real estate brokerages.

Legal 418

Legal Brokerage Real Estate Modernization 418

Housing Wire

OCTOBER 11, 2024

Large teams also staff for recruiting, agent support, coaching and operations much more often than smaller teams. Marketing and transaction management roles account for the most non-agent staffers among small teams. Legally speaking, most teams are either an LLC (38.9%) or an S-Corp (34.6%), while 15.7% are not a legal entity.

Real Estate 448

Real Estate Brokerage Legal Agents 448

Housing Wire

JANUARY 22, 2025

The Housing Rights Initiative (HRI) is taking aim at 165 real estate agents, brokerage firms and landlords in its latest series of lawsuits filed in Chicago. The group claims that this is the largest housing discrimination case in Illinois history.

Landlords 416

Landlords Brokerage Training Real Estate 416

Housing Wire

AUGUST 1, 2024

It is fitting that the 2024 Summer Olympics in Paris are the backdrop for the final two weeks leading up to when the real estate industry will undergo its largest structural change in decades — a feat of near-Olympic proportions. Like the athletes in Paris, Realtors and brokers across the U.S.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Business 448

Housing Wire

JANUARY 29, 2025

Through the investigation, the attorney generals office learned that after being evacuated in the Eaton fire, the family contacted their real estate agent to find a rental property and inquired about a home in Glendale. Bontas office filed charges against another agent last Wednesday.

Real Estate Agent 320

Real Estate Agent Real Estate Landlords Agents 320

Housing Wire

APRIL 30, 2021

Part one explained the history of sales commissions , and the labor market for real estate agents. Part two dove into legal challenges of the present commission system, and the industry’s defense of commissions at the present level of 5% a home sale. Few professions are told that more repeatedly than real estate agents.

Real Estate 468

Real Estate Real Estate Agent Legal Agents 468

Housing Wire

JANUARY 27, 2025

The fact is, real estate agents do more than just sign the dotted lines for their clients. Studies show agents spend 87 hours on average during a purchase deal, navigating more than 200 outcomes to drive a transaction toward success.

Real Estate 397

Real Estate Clients Technology Agents 397

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 417

Real Estate Tools Agents Real Estate Agent 417

Housing Wire

NOVEMBER 22, 2024

The plaintiffs go on to claim that these actions constitute a monopoly “in that brokers and agents would be unable to fairly compete with other Realtors who are members of these organizations as these organizations prohibit access to the information contained on the MLS without membership.”

Realtors 369

Realtors Real Estate Real Estate Agent Agents 369

Housing Wire

APRIL 14, 2025

The startup eSelf AI recently introduced whats being coined the worlds first AI real estate agent. And it has already shown its chops: having provided enough quality leads to generate $100M in sales for a real estate brokerage firm in Portugal. And now, AI isnt just behind the scenes.

Real Estate 325

Real Estate Agents Tools Brokerage 325

Housing Wire

DECEMBER 4, 2024

In their complaint, the Batton 2 plaintiffs claim that “for decades, homebuyers across America have been unwittingly paying too much for, and receiving too little from, services offered to them by real estate agent members of National Association of Realtors.”

Real Estate Agent 384

Real Estate Agent Realtors Real Estate Realty 384

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.

Real Estate Agent 487

Real Estate Agent Loan Officers Real Estate Agents 487

Housing Wire

SEPTEMBER 25, 2023

MV Realty operated in 33 states and has more than 500 real estate agents. The firm’s legal troubles began in late 2022 when it was sued by attorneys general in Florida , Massachusetts and Pennsylvania over its 40-year contracts.

Realty 476

Realty Real Estate Agent Legal Real Estate 476

Housing Wire

AUGUST 30, 2024

Sitzer’s legal action not only resulted in financial settlements, but also business practice changes that went into effect earlier this month , the most notable of which are the removal of buyer broker compensation from the MLS and mandatory buyer broker agreements.

Real Estate 459

Real Estate Legal Real Estate Agent Brokerage 459

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 482

Real Estate Agent Real Estate Agents Legal 482

Housing Wire

OCTOBER 29, 2024

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. Many first-time homebuyers don’t have enough to pay the agent and all the closing costs,“ Nichols said.

Marketing 448

Marketing Real Estate Sellers Buyers 448

Housing Wire

SEPTEMBER 5, 2024

Department of Housing and Urban Development ( HUD), state attorneys general and fair housing organizations to start applying this legal framework to homebuyers FHA loans accounted for 15.6% of the U.S. mortgage market in 2023, up from 14.3% in 2022, according to HUD. ”

Buyers 475

Buyers Real Estate Agent Inspection Real Estate 475

Housing Wire

MARCH 14, 2024

Like the Department of Justice , the Federal Reserve has decided to weigh in on the real estate agent commission debate. 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.

Agents 456

Agents Legal Real Estate Agent Buyers 456

Housing Wire

MAY 6, 2021

After talking to some of the biggest stakeholders in the industry about real estate commissions, he shares his findings and takeaways in this ask-me-anything conversation. Some people just choose to go with certain agents and pay more for that service. The following Q&A has been lightly edited for length and clarity.

Real Estate 448

Real Estate Real Estate Agent Agents Legal 448

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

Legal 451

Legal Real Estate Real Estate Agent Law 451

Housing Wire

AUGUST 6, 2021

will pay a $1 million fine for improper benefits given to California real estate agents. The company also agreed to pay $185,000 to cover the department’s legal and investigative costs. California prohibits title agents from providing perks to real estate agents as business inducements.

Agents 459

Agents Real Estate Agent Insurance Real Estate 459

Housing Wire

DECEMBER 16, 2024

The past year had its fair share of ups and downs for Howard Hanna Real Estate Services. 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.

Real Estate 364

Real Estate Brokerage Agents Buyers 364

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. District Court in Boston.

Legal 458

Legal Law Real Estate Real Estate Agent 458