Housing Wire

JANUARY 26, 2024

It devolved into a battle about historic facts, old-school MLS listing books, pronunciation corrections and even references to the kid-friendly restaurant chain Chuck E. It dehumanizes Realtors and turns us into money-making machines.” In response, Ketchmark said that he does not want to dehumanize Realtors. “I

Realtors 468

Realtors Law Agents Real Estate 468

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

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

SEPTEMBER 18, 2024

According to NAR , five percent of sellers and four percent of buyers found their agent through another agent’s referral. A referral estate referral occurs when a licensed agent or broker passes along a prospective buyer or seller to another licensed agent to handle a transaction. It’s a win-win! How much are real estate referral fees?

Real Estate 468

Real Estate Real Estate Agent Agents Brokerage 468

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 221

Client Relationships Agents Technology Real Estate 221

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 448

Real Estate Sellers Realtors Real Estate Agent 448

Housing Wire

FEBRUARY 12, 2025

Seller right after a listing appointment Dear (Seller Name), It was so nice meeting you today! Anyone who sends you a referral Dear (Referrer Name), Thank you SO much for referring me to (Lead Name)! Youre the best! Talk soon, (Your Name) 3. I look forward to working together! Thanks again, (Your Name) 4.

Real Estate 359

Real Estate Clients Real Estate Agent Open Houses 359

Housing Wire

SEPTEMBER 23, 2024

Suppose someone with a real estate license identifies a potential homebuyer or seller. 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.

Real Estate 491

Real Estate Agents Clients Advertising 491

Housing Wire

AUGUST 13, 2024

As more brokerages and agents contemplate moving away from a cooperative compensation model , many are grappling with some tough questions, the most vexing probably being: What do I do if a seller is only willing to contribute part of the buyer broker’s fees, or none at all? Conflicts between the buyer and buyer agent are inevitable. “As

Clients 482

Clients Agents Buyers Sellers 482

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. Presented by: Propertybase.

Real Estate Agent 435

Real Estate Agent Real Estate Brokerage Realtors 435

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

JUNE 4, 2024

I pondered how they could offer the assistance that buyers and sellers required at such competitive rates. When Homie arrived in town, I recognized the need to differentiate myself by offering a level of service and representation that buyers and sellers would be unable to find at a limited service brokerage.

Real Estate 459

Real Estate Brokerage Clients Realtors 459

Housing Wire

OCTOBER 25, 2023

On Tuesday afternoon, after the National Association of Realtors finished its defense, HomeServices of America took the floor. This “technique” is a script Dalton claimed to use in response to a seller asking him to cut his commission. According to the filing, the video was not produced during discovery or placed on the Exhibit List.

Sellers 435

Sellers Realtors Real Estate Design 435

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 Real Estate 448

Housing Wire

AUGUST 14, 2024

But these listing-only agents are still having to adjust their practices to conform with the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement that goes into effect on Saturday. “We He sees his role in the transaction as simply ensuring the seller stays in compliance with laws and regulations.

Agents 448

Agents Sellers Buyers Contracts 448

Housing Wire

AUGUST 14, 2024

These offers can include providing sellers an immediate cash offer, upfront loans for home improvements, and giving special incentives to essential workers such as police officers, nurses and teachers. He noted that Homeward is a platform that can provide a cash offer for a seller so they can buy before they sell. Medina said. “If

Real Estate Agent 435

Real Estate Agent Home Improvement Brokerage Valuation 435

Housing Wire

FEBRUARY 27, 2024

District Court for the Western District of Missouri , the lawsuit is named after its lead plaintiff, Maryland home seller Daniel Umpa. According to the motion, at least some of the putative class members in the suit would be bound by their seller agreements to arbitrate claims, similar to HomeServices’ claims.

Realty 448

Realty Real Estate Law Brokerage 448

Housing Wire

AUGUST 3, 2023

The 8th Circuit Court of Appeals’ three-judge panel concurred with a lower district court’s decision that HomeServices is not permitted to enforce arbitration agreements signed by seller clients of franchisees under its authority. billion in commissions they paid to buyers’ agents in the past eight years.

Realtors 370

Realtors Real Estate Sellers Buyers 370

Housing Wire

MARCH 29, 2024

The association notes in the draft of its proposed brief that its interest in the “proposed settlement stems from the fact, as DOJ highlights, that “several pending cases” are adjudicating MLSs’ adoption of the mandatory-compensation rule of the National Association of Realtors or similar policies.”

Sellers 459

Sellers Real Estate Buyers Contracts 459

Housing Wire

OCTOBER 17, 2023

The National Association of Realtors , whose Participation Rule lies at the center of the this and other lawsuits, used its opening remarks to note that the rule has been around for 25 years and has been clearly published on NAR’s website.

Sellers 435

Sellers Agents Buyers Realtors 435

Housing Wire

JANUARY 23, 2025

Open house postcards Open house postcard from Wise Pelican Open house postcard from Agents Assemble on Etsy Open house postcard from Agents Assemble on Etsy Open house postcards are a valuable tool in the real estate agent’s arsenal, designed to draw prospective buyers and sellers to your property listings.

Real Estate 305

Real Estate Open Houses Real Estate Agent Design 305

Housing Wire

OCTOBER 26, 2023

She said that HomeServices does not meddle in operations, give advice, or advise on commissions or how the brokerage approaches Realtor association membership. Frazier also told the jury that ReeceNichols does not require agents to be members of the National Association of Realtors , but the local MLS does. They were guidelines.

Law 435

Law Agents Brokerage Buyers 435

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

Housing Wire

MARCH 22, 2023

In a notable shift this month, led by the sudden failures of Silicon Valley Bank (SVB) and Signature Bank , the central bank’s policy statement removed the reference to “ongoing” hikes and noted instead that “some additional policy firming may be appropriate.” What does it mean for buyers, sellers?

Mortgage 418

Mortgage Sellers Buyers Housing Market 418

Housing Wire

APRIL 3, 2024

Many in the industry believe the National Association of Realtors ‘ proposed $418 million settlement of the commission lawsuits will help CoStar to reach its goal. In prior notes, KBW had also referred to CoStar as the “top beneficiary” of a change to the buyer agent landscape.

Real Estate 481

Real Estate Agents Buyers Business 481

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

JULY 26, 2024

Selling your home to a family member is called a controlled transaction, while selling your home on the open market is referred to as an arm’s length transaction. The majority of real estate sales fall under this category and usually employ a buyer’s and seller’s agent who negotiate on behalf of their respective parties.

Market Value 459

Market Value Real Estate Agent Real Estate Finance 459

Housing Wire

APRIL 16, 2024

Due to major policy changes from federal agencies and the proposed settlement agreement by the National Association of Realtors (NAR) in the commission lawsuits, more companies and professionals are venturing into dual licensing — also called dual capacity. It’s something I didn’t anticipate, but I understand it.”

Real Estate Agent 488

Real Estate Agent Loan Officers Real Estate Agents 488

Housing Wire

JULY 10, 2024

Seller / Buyer/ Balanced). Prepare a pricing strategy Many sellers think they understand pricing as well as you do. You may find it easier to discuss pricing with sellers if you can explain current market conditions. There is no advantage to either buyers or sellers in this type of market.

Sellers 435

Sellers Real Estate Agents Clients 435

Lamacchia Realty

JANUARY 8, 2025

Lamacchia Realty's Top Producing REALTORS for December 2024! has released its Top Producing REALTORS, for December 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.

Realty 69

Realty Realtors Real Estate Clients 69

Lamacchia Realty

DECEMBER 11, 2024

Lamacchia Realty's Top Producing REALTORS for November 2024! has released its Top Producing REALTORS, for November 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.

Realty 69

Realty Realtors Real Estate Clients 69

Lamacchia Realty

JANUARY 16, 2025

Lamacchia Realty Announces Top Producing REALTORS by Transactions for 2024 Lamacchia Realty, Inc. has released their Top Producing REALTORS, for all of 2024! This program recognizes the Top 10 REALTORS out of the over 700 agents in Lamacchia Realty with the highest transaction numbers for the year!

Realtors 69

Realtors Realty Real Estate Clients 69

Housing Wire

FEBRUARY 8, 2024

It is often the first point of contact between you and potential clients, or it’s how clients confirm if you’re the right fit after you’ve been referred to them. Both buyers and sellers value the combined benefits of his individual talents along with membership in one of the most respected real estate firms in New York City.

Real Estate Agent 435

Real Estate Agent Real Estate Agents Clients 435

Housing Wire

NOVEMBER 3, 2023

Right now, the first suit to go to trial should be the Sitzer lawsuit (named after its lead plaintiff), which was scheduled to begin on February 21, 2023, but at the request of Anywhere (referred to as Realogy in all court filings), it has been postponed indefinitely, as reported by Real Estate Reporter Brooklee Han. Judge Stephen R.

Real Estate 345

Real Estate Brokerage Property Management Buyers 345

Housing Wire

MARCH 7, 2022

Absolutely, I will offer an NFT option to sellers within the next year,” said Richard Hopen, a Compass agent in Short Hills, New Jersey. The Gulfport seller, Heckler explained, created a limited liability company that held ownership of the home. Propy then guided the seller into minting the LLC as an NFT.

Real Estate 501

Real Estate Law Inspection Agents 501

Housing Wire

OCTOBER 1, 2021

It can be even tougher to have someone else who isn’t in the business ready and able to refer business to you effectively when the need arises. They ask their Realtor or trusted friend or family member for a referral. HW: What challenges do originators face with regard to building referral relationships?

Business 446

Business Loan Officers Real Estate Agent Real Estate 446

Housing Wire

JULY 20, 2023

According to the National Association of Realtors , 67% of sellers were referred to their agent by a friend, neighbor or relative; or used their agent previously to buy or sell a home. 74% of sellers say they would use that same agent again, or recommend them to others. Develop a methodology to keep and nurture clients.

Clients 284

Clients Real Estate Open Houses Agents 284