Housing Wire

AUGUST 21, 2024

Our family established Baird & Warner more than a century ago with a mission to serve buyers and sellers with transparency and integrity, and we’ve endured many changes in our industry during this time. Doing the right thing is easy in theory, but often the hardest in practice.

Real Estate 435

Real Estate Training Advertising Brokerage 435

Housing Wire

OCTOBER 31, 2024

Thursday marks the one-year anniversary of the jury verdict in the Sitzer/Burnett commission lawsuit , which found the National Association of Realtors (NAR) HomeServices of America and Keller Williams liable for artificially inflating agent commissions.

Real Estate 448

Real Estate Brokerage Agents Training 448

Housing Wire

JANUARY 31, 2024

After months of plaintiffs’ lawyers in commission lawsuits claiming that the National Association of Realtors sets real estate agent commissions, the trade group finally decided to, in its words, “set the record straight.” The internet can be a tool, but it is not a replacement for the essential services agents who are Realtors provide.

Real Estate Agent 488

Real Estate Agent Real Estate Realtors Agents 488

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!

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

OCTOBER 25, 2023

As Ketchmark began his questioning, he tried to show that the structure of HomeServices as the parent company of so many affiliates and franchises had the effect of enforcing the National Association of Realtors’ commission and Clear Cooperation policies. It’s a negotiation with the seller.” I was a successful agent.

Sellers 448

Sellers Realtors Agents Buyers 448

Housing Wire

APRIL 12, 2023

None of the surveyed mortgage professionals said staff cuts caused decreased ability to close loans and lack of training were the challenges they faced. expected sales to go down more than 5% In the latest report from the National Association of Realtors (NAR), existing home sales rose 14.5% said sales will go up more than 5%; and 25.2%

Marketing 417

Marketing Mortgage Loan Officers Real Estate Agent 417

Housing Wire

SEPTEMBER 17, 2024

The real estate software company is launching a “Buyer’s Agent Club” that is designed to assist agents in navigating an uncertain time in the industry through resources, tools and training. ” The new product comes in response to changes related to the $418 million settlement agreed to by the National Association of Realtors (NAR).

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Design Tools Agents Buyers 426

Housing Wire

SEPTEMBER 5, 2024

An accessible checklist on the FHA website would give home sellers, buyers, housing counselors, real estate agents and others a reliable source of information, according to the report. The CFA also called on real estate associations to better educate agents on sources of financing discrimination and how to successfully work with FHA buyers.

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Buyers Real Estate Agent Inspection Real Estate 475

Housing Wire

NOVEMBER 30, 2024

They also explore the National Association of Realtors ‘ (NAR) commission lawsuit settlement , agent training deficiencies and more. The lack of training and guidance by brokerages is horrible. As a result, if a seller is not offering compensation, the buyer and agent just move on.

Real Estate 370

Real Estate Training Agents Brokerage 370

Housing Wire

OCTOBER 23, 2023

In the motion, HomeServices claimed that no evidence has been presented to show they conspired with the National Association of Realtors (NAR) and other brokerages on rules for commissions. In her testimony, she noted that training modules receive very few views.

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Law Agents Realtors Contracts 459

Housing Wire

OCTOBER 16, 2023

At the crux of the case is the allegation that commission rates are too high, it’s unfair that the seller pays the buyer’s agent’s commission, and that the National Association of Realtors’ (NAR) Code of Conduct and MLS Handbook lead to set pricing. million, respectively.

Buyers 482

Buyers Brokerage Agents Realtors 482

Housing Wire

OCTOBER 23, 2023

On Friday, Craig Schulman, an associate professor of economics at Texas A&M, took the stand again to be cross-examined by Ethan Glass, the defense attorney for the National Association of Realtors , according to reports from Inman News. Roger Alford, a law professor from Notre Dame, was also called to testify on Friday.

Legal 435

Legal Training Real Estate Law 435

Housing Wire

NOVEMBER 16, 2023

For decades, disruptors and innovators in the residential real estate industry have been trying to chip away at the near monopoly that Realtors have had over home sales. The monumental verdict in the Sitzer/Burnett commission lawsuit trial may finally be the giant-killing blow against the National Association of Realtors (NAR).

Realtors 448

Realtors Contracts Real Estate Agents 448

Housing Wire

OCTOBER 3, 2023

As the commission lawsuits heat up, real estate brokers are gearing up to add buyer representation agreements and training, cut costs and hone value propositions, according to RealTrends Q4 2023 BrokerPulse survey. Only 1% of respondents say they are restructuring their compensation model.

Real Estate 458

Real Estate Brokerage Agents Training 458

Housing Wire

AUGUST 6, 2024

In March 2024, the National Association of Realtors (NAR) settled the nationwide commission lawsuits and agreed to several business practice changes, including a mandate that buyers sign a broker representation agreement prior to going on a home tour with their agent. In response, eXp has created six forms.

Brokerage 448

Brokerage Realtors Agents Real Estate 448

Housing Wire

NOVEMBER 28, 2023

Equipping our members with easy-to-use floor plan creation tools will enhance the services they offer to both homebuyers and sellers. The calculations reached by CubiCasa technology are aligned with American National Standards Institute standards and the technology can be used without prior training by anyone with a smartphone.

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Tools Technology Real Estate Training 435

Housing Wire

OCTOBER 18, 2023

Ketchmark said the plaintiffs want the defendants, which include the National Association of Realtors , HomeServices of America and Keller Williams , to “return the money” they believe was unlawfully taken via commissions as a result of an alleged conspiracy between the defendants. I do believe training is essential.”

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Training Agents Real Estate Real Estate Agent 459

Housing Wire

AUGUST 19, 2024

17, 2024 , has come and gone, and the real estate industry is still plugging along, despite the business practice changes mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement now being implemented nationwide. The landmark date of Aug. Why would we not disclose that info in MLS?

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Agents Sellers Realty Buyers 476

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

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 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. Ketchmark asked Warner if those statistics suggest that agents are practicing the messages they are receiving in their training. They were not set commissions,” Wilson said.

Law 435

Law Brokerage Agents Buyers 435

Housing Wire

MAY 14, 2024

More than 80% of recent buyers asked for at least one seller concession. Importantly, however, 65% of these recent buyers also reported making at least one concession to the seller, indicative of the seller’s market that exists in many parts of the country. The survey also delved into the use of real estate agents.

Real Estate Agent 488

Real Estate Agent Agents Real Estate Buyers 488

Housing Wire

MARCH 18, 2024

In the 24 hours after news broke of the National Association of Realtors’ (NAR) settlement agreement in the commission lawsuits , Doug Danzey, the leader of the eXp Realty -brokered teamerage The Cobalt Group , said the most pervasive emotion among his agents has been panic. “I More off-MLS listings? It is really going to go backwards.

Brokerage 448

Brokerage Real Estate Agents Sellers 448

Housing Wire

OCTOBER 3, 2023

Compound that with the many sexual harassment and incompetency claims recently leveled against the National Association of Realtors (NAR) , and the confusion is understandable. Those details are clearly established in the listing agreement between your brokerage and the seller. But you do so at your own risk.

Agents 435

Agents Buyers Training Law 435

Housing Wire

APRIL 8, 2024

Filed in late 2023 in Missouri by Daniel Umpa, a Maryland home seller, the Umpa suit , like the other commission lawsuits, accuses real estate industry players, including Real, of conspiring to artificially inflate real estate agent commissions.

Brokerage 397

Brokerage Real Estate Agent Real Estate Clients 397

Housing Wire

AUGUST 20, 2020

In San Antonio Knock is partnering with Keller Williams Heritage and Berkshire Hathaway HomeServices Don Johnson Realtors, and in Austin Knock is partnering with Berkshire Hathaway Texas Realty to give homeowners the option to “swap” their current house for their dream home.

Real Estate 448

Real Estate Training Realty Brokerage 448

Housing Wire

OCTOBER 17, 2023

In agent training videos, Blefari said he pre-writes a 6% commission into all his listing agreements and that he only negotiates commissions if they go up. “I I was showing them [agents] what I did so they can learn from that,” Blefari said in his video deposition, according to Inman.

Sellers 435

Sellers Agents Buyers Realtors 435

Housing Wire

MAY 2, 2024

Today it’s dominated by baby boomers who make up 39% of all homebuyers and 52% of all home sellers. The expensive and limited housing inventory today has created a scarcity mentality, that has Realtors struggling to provide appropriate housing for an aging population. The housing market has shifted.

Realtors 448

Realtors Training Real Estate Design 448

Housing Wire

SEPTEMBER 13, 2022

Even recently, with technologies like virtual tours or dollhouse-style immersive walkthroughs that provide floor plans, those services can be expensive and require special training and equipment and take a long time to collect data, Allen explains. And it provides major benefits to your sellers and prospective buyers.”.

Training 418

Training Technology Buyers Sellers 418

Housing Wire

NOVEMBER 14, 2024

Joining and engaging with groups of fellow Realtors on Facebook should be a key tool in every agent’s toolbox. Many Realtors are using Canva to cut their marketing budgets in half. Join Realtor Networking & Social Media Tips 4. 188,000+ Realtors can’t be wrong! Join Canva Made Easy 3. Join Real Estate Mastermind 5.

Real Estate Agent 418

Real Estate Agent Real Estate Agents Realtors 418

Housing Wire

NOVEMBER 23, 2022

What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. In a high-rate environment, lenders call the temporary rate buydown a win-win strategy for both sellers and buyers when used appropriately. in the second year.

Buyers 493

Buyers Marketing Sellers Loan Officers 493

Housing Wire

JANUARY 11, 2024

In the lead up to the Sitzer/Burnett real estate commission trial , the National Association of Realtors expected to prevail. “I And he is not alone in this train of thought. I think it is better for the industry, it is better for the American consumer to have advocated fighting for them in Washington and around the country.”

Real Estate Agent 468

Real Estate Agent Real Estate Buyers Agents 468

Housing Wire

OCTOBER 13, 2023

What it means is there is a higher percentage of potential fraud per file,” Elizabeth Berg, the vice president for education and training at FNF Family of Companies , told attendees of the American Land Title Association’s ALTA One conference on Thursday. Our realtor partners are hurting,” Berg said.

Real Estate Agent 468

Real Estate Agent Real Estate Agents Sellers 468

Housing Wire

SEPTEMBER 18, 2024

Agent-to-agent referrals aren’t as commonly mentioned in most real estate lead generation training courses as cold calling or door knocking. According to NAR , five percent of sellers and four percent of buyers found their agent through another agent’s referral. Repeat business — Has this agent referred business to you before?

Real Estate 468

Real Estate Real Estate Agent Agents Brokerage 468

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

NOVEMBER 29, 2021

From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% I can tell you that these people don’t have the training to read housing or economic data correctly. The title I do believe is fitting: Bear Crusher. in October.

Inventory 532

Inventory Contracts Training Investors 532

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. Being a good Realtor is hard. I think there’s some potential there.”

Real Estate Agent 488

Real Estate Agent Loan Officers Real Estate Agents 488