Housing Wire

NOVEMBER 1, 2024

PRO TIP You may see the terms “real estate agent” and “Realtor” used interchangeably. While a Realtor is indeed an agent, the term doesn’t work both ways. To be a Realtor, an agent must be a member of the National Association of Realtors® (NAR). You’ll more commonly see the title “broker-in-charge” in broker-only states.

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

MARCH 11, 2025

After the National Association of Realtors settlement changed how commission is paid, there was some fear among agents that buyers and sellers might forgo their services in favor of handling the transaction themselves. Address them by name, and refer to their real estate goals in your communication.

Clients 334

Clients Real Estate Agent Real Estate Agents 334

Housing Wire

JULY 30, 2024

Initially, CRMLS said it added these fields in preparation to deal with the business practice changes outlined in the National Association of Realtors’ nationwide commission lawsuit settlement agreement. Art Carter, the CEO of CRMLS, said these changes were brought about by the modified forms released by California Association of Realtors.

Sellers 459

Sellers Advertising Realtors Agents 459

Housing Wire

SEPTEMBER 18, 2024

The receiving agent becomes the buyer or seller’s primary point of contact and representative, and the referring agent receives a referral fee if a transaction closes. Instead of giving up the business, the referring agent introduces the potential client to another real estate agent who is better positioned to help them.

Real Estate 468

Real Estate Real Estate Agent Agents Brokerage 468

Housing Wire

OCTOBER 3, 2024

On the RealTrending podcast produced by HousingWire , host Tracey Velt chats with San Antonio-based Realtor Jessica Conrad in the final installment of JPAR Real Estate ’s four-part Settlement Strategy Playbook series. 17 business practice changes mandated by the National Association of Realtors ‘ (NAR) commission lawsuit settlement.

Sellers 448

Sellers Agents Training Clients 448

Housing Wire

MAY 24, 2021

The National Association of Realtors Confidence Index Survey for April reveals how hot the housing market is. The April 2021 survey was sent to 50,000 Realtors selected from NAR’s over 1.4 2019 is being used as a reference point since 2020 data is skewed by the pandemic.). 25% of all sales were cash sales, per the report.

Realtors 497

Realtors Buyers Housing Market New Listings 497

Housing Wire

AUGUST 23, 2021

The National Association of Realtors reported 5.99 The sales data trend, which I have always believed is the best way to look at demand using the purchase application data as a reference, has been in line with what I talked about back in March of this year. You still have time, life is worth living free from this disease.

Realtors 537

Realtors Marketing Mortgage Housing Market 537

Housing Wire

MAY 10, 2024

The National Association of Realtors’ (NAR) board of directors voted to leave member dues unchanged in 2025. The vote occurred Thursday during the final day of NAR’s midyear conference, the Realtors Legislative Meetings, according to Inman , which first reported the story. represent themselves 2. represent themselves 2.

Realtors 396

Realtors Finance Agents Legal 396

Housing Wire

SEPTEMBER 23, 2024

In that case, they can refer that individual to an agent in exchange for a portion of the commission. Consider this scenario: A homebuyer clicks to connect with a Realtor through Zillow. Agents are incentivized to refer clients to the highest bidder rather than acting purely in the consumer’s best interest.

Real Estate 487

Real Estate Agents Clients Advertising 487

Housing Wire

SEPTEMBER 18, 2020

And, since a National Association of Realtors survey showed that 53% of buyers in 2019 used an agent that was either referred to them or was someone they used in the past, that means that about half of all buyers (47%) are available to any agent willing to compete for them.

Real Estate Agent 482

Real Estate Agent Real Estate Agents Technology 482

Housing Wire

APRIL 3, 2024

The combined share of millennials, both younger (ages 25 to 33) and older (ages 34 to 43), made up a combined 38% of the home purchase market last year, up from 28% in 2022, according to the 2024 Home Buyers and Sellers Generational Trends report from the National Association of Realtors (NAR).

Marketing 526

Marketing Sellers Buyers Realtors 526

Housing Wire

AUGUST 14, 2024

He refers to the scaling efforts as “invading” through a campaign of billboards, postcards, TV ads and other methods to recruit new agents and gather leads. He leveraged that commentary to scale his company and establish relationships with brokerages across the country.

Real Estate 442

Real Estate Marketing Brokerage Realtors 442

Housing Wire

APRIL 13, 2021

SentriLock , the home lockbox company wholly owned by the National Association of Realtors (NAR), announced Tuesday that they created a computer and smart phone platform to help real estate agents juggle their home showing appointments. The development is intriguing for a few reasons.

Real Estate Agent 435

Real Estate Agent Real Estate Brokerage Realtors 435

Housing Wire

SEPTEMBER 23, 2024

Like Sitzer/Burnett, at the center of the QJ Team suit is the National Association of Realtors’ (NAR) Participation Rule, which requires listing brokers to make a blanket offer of compensation to buyer brokers in order to list a property on the MLS.

Brokerage 459

Brokerage Agents Realtors Realty 459

Housing Wire

MARCH 26, 2025

The Civil Rights Movement changed that reality and sparked a phenomenon known as white flight, referring to the mass exodus of white residents from a particular area. According to the National Association of Realtors (NAR), Black homeowners pay more for insurance than any other racial group.

Insurance 337

Insurance Construction Transportation Home Value 337

Housing Wire

OCTOBER 25, 2023

On Tuesday afternoon, after the National Association of Realtors finished its defense, HomeServices of America took the floor. It has been an eventful and drama-filled 24 hours in Kansas City, Missouri, for the Sitzer/Burnett class-action antitrust buyer broker commission lawsuit.

Sellers 435

Sellers Realtors Real Estate Design 435

Housing Wire

NOVEMBER 17, 2023

In their filing, the plaintiffs highlight HomeServices’ franchise agreements, training videos, as well as the now infamous Allan Dalton video, as evidence of HomeServices enforcing the National Association of Realtors’ Clear Cooperation policy.

Training 448

Training Realtors Agents Real Estate 448

Housing Wire

APRIL 26, 2021

Suspicious real estate agents and rival brokerage heads in California will worry that the deal could funnel general information about California home sales to Compass thanks to a recent partnership Glide announced with the California Association of Realtors. Unclear is whether the California MLS may renege its relationship with Glide.

Agents 397

Agents Brokerage Real Estate Agent Realtors 397

Housing Wire

JUNE 4, 2024

Later, as I built my team, I structured them to ensure that every client received personalized attention from multiple highly skilled Realtors, each with a comprehensive understanding of their unique circumstances. Alexandra McEwen is a Realtor with McEwen Realtors.

Real Estate 459

Real Estate Brokerage Clients Realtors 459

Housing Wire

JUNE 14, 2024

Consumer and industry advocacy organizations — including the American Land Title Association (ALTA), National Consumer Law Center (NCLC), National Association of Realtors (NAR) and AARP — are sounding the alarm over a rising trend of elder real estate fraud and financial exploitation in a new jointly created issue brief released on Friday.

Real Estate 459

Real Estate Law Government Legal 459

Housing Wire

SEPTEMBER 7, 2023

Not immune to downturns Now don’t get me wrong, these growth-minded firms I’m referring to are not immune to downturns. With the Realtor count close to 1.6 million, according to the National Association of REALTORS , that’s a mean average of 13 agents per firm. million Realtors, pushing the average down to eight agents per firm.

Real Estate 417

Real Estate Brokerage Realtors Agents 417

Housing Wire

DECEMBER 20, 2023

The National Association of Realtors , Keller Williams and HomeServices of America , have asked judge Andrea Wood to rule on the suit based on the evidence that has been presented during the discovery period of the proceedings. After almost five years of litigation, it is clear that Keller Williams Realty, Inc.

Real Estate 447

Real Estate Sellers Realtors Real Estate Agent 447

Housing Wire

FEBRUARY 6, 2025

The duo launched the company as a way of “pushing back on the settlement,” referring to the $418 million settlement agreed to by the National Association of Realtors (NAR) that involved allegations of colluding to artificially inflate agent commissions. Its a completely new way of thinking about real estate technology.

Client Relationships 202

Client Relationships Agents Technology Real Estate 202

Housing Wire

AUGUST 20, 2020

After the announcement, various companies including the Mortgage Bankers Association , National Association of Realtors, Community Home Lenders Association, National Association of Home Builders and many others called for the withdrawal of the fee, citing it as “untimely” in an age of economic distress.

Mortgage 521

Mortgage Realtors Finance Marketing 521

Lamacchia Realty

NOVEMBER 11, 2024

Lamacchia Realty's Top Producing REALTORS® for October 2024! has released its “Top Producing REALTORS®,” for October 2024! This program recognizes the Top 10 REALTORS® company-wide and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc.

Realtors 69

Realtors Realty Real Estate Clients 69

Housing Wire

FEBRUARY 12, 2025

Anyone who sends you a referral Dear (Referrer Name), Thank you SO much for referring me to (Lead Name)! Thanks again, (Your Name) When to send realtor thank you cards Youve heard of speed to lead the first to contact the lead usually gets it. I look forward to working together! Thanks again, (Your Name) 4.

Real Estate 344

Real Estate Clients Real Estate Agent Open Houses 344

Housing Wire

OCTOBER 6, 2023

million ( Anywhere ) and $55 million ( RE/MAX ) payouts, both settlements contained nearly identical terms, including provisions to no longer require agents to be members of the National Association of Realtors or follow NAR’s Code of Ethics or the MLS Handbook. In addition to the already publicized $83.5 In the Sept.

Agents 435

Agents Brokerage Realtors Real Estate 435

Housing Wire

AUGUST 3, 2023

Originally filed in 2019, the lawsuit won class-action status shortly after, and alleges that some NAR rules, including one that requires listing brokers to offer buyers’ brokers a commission in order to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.

Realtors 370

Realtors Real Estate Sellers Buyers 370

Housing Wire

FEBRUARY 27, 2024

Like the other commission lawsuits, the Umpa suit alleges that the National Association of Realtors (NAR) and more than a dozen other real estate industry firms have colluded to artificially inflate agent commissions.

Realty 448

Realty Real Estate Law Brokerage 448

Housing Wire

NOVEMBER 16, 2023

12 edition of his NotoriousROB email newsletter in reference to personal injury lawyers. Several local Realtor Associations were also named, which is different than the earlier suits. “Those guys aren’t going after big dogs with big war chests and defense firms on retainer. Ten thousand fists in the air indeed.”

Law 482

Law Brokerage Advertising Real Estate 482

Housing Wire

AUGUST 23, 2024

In the newest episode of the RealTrending podcast , host Tracey Velt chats with Ryan Michaelis, chief growth strategist at Worth Clark Realty , about business growth through recruitment, flat-fee models for agents and the effects of the National Association of Realtors ’ (NAR) settlement on buyers and sellers across the industry.

Brokerage 435

Brokerage Property Management Agents Real Estate 435

Appraisal Buzz

FEBRUARY 4, 2025

That is down marginally from 2.45% a year ago, prior to the announcement of the new National Association of Realtors (NAR) commission standards , but it is practically unchanged from 2.36% in Q3, when the new rules went into effect. According to a recent Redfin analysis, the average buyers agent commission for properties sold in Q4 was 2.37%.

Agents 248

Agents Sellers Real Estate Agent Buyers 248

Housing Wire

DECEMBER 13, 2022

The National Association of Realtors predicts there will be 4.78 New home sales are holding up better than existing home sales because new home sales really took a dive during the foreclosure crisis and never fully recovered from that, and hence they had a low base reference to compare,” Yun said. from the 5.13 to $384,500. “I

Realtors 435

Realtors Mortgage Real Estate Housing Market 435

Housing Wire

DECEMBER 29, 2021

Ben Caballero : Our service supports builders, sales, their marketing and then management as it relates to marketing their homes to realtors. What builders don’t need is a realtor to list their homes in a traditional way. So, with our listings, the realtors know they have a level of confidence that the information is accurate.

Realtors 416

Realtors Real Estate Agent Agents Real Estate 416

Housing Wire

SEPTEMBER 16, 2021

On the flip side, interest generated from traditional open houses declined from 2018, according to the National Association of Realtors ’ 2021 Profile of Real Estate Firms. For reference, in 2018, zero one-office firms recorded a sales volume above $250 million. million in 2020 as compared to a median of $5.3 million in 2018.

Real Estate 447

Real Estate Business Brokerage Open Houses 447

Housing Wire

SEPTEMBER 1, 2022

They think of contacting a Realtor first. The Realtor then refers to lenders they trust. This is key to overcoming borrower retention issues, a common struggle. Many people don’t immediately think of a lender when they want to sell or buy a home. If you were the lender that provided the customer’s last loan, you’re usually out.

Loan Officers 389

Loan Officers Realtors Mortgage Finance 389

Housing Wire

OCTOBER 26, 2023

After filing a motion for a mistrial Wednesday morning, citing several grievances including “vulgar” footage from a Tom Ferry podcast featuring Allan Dalton and references to the Department of Justice’s investigation of the National Association of Realtors (NAR), defendant HomeServices of America learned it didn’t get its way.

Buyers 448

Buyers Sellers Agents Law 448