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Howard Hanna acquires two independent brokerages

Housing Wire

While Ohio is already a stronghold for the Pennsylvania -based firm, Howard Hanna strengthened its position in the buckeye state through its recent acquisition of Dayton-based Big Hill Realty. On the Atlantic Coast, Howard Hanna also completed its acquisition of The Alliance Group Realty , which is based in Hilton Head, South Carolina.

Brokerage 433
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Real estate leaders emerge from chaos with confidence

Housing Wire

This has felt a lot more like Y2K versus some other stuff that we were warned about but were not prepared for, which is what I wanted,” said Leo Pareja , the CEO of eXp Realty. “My 17 deadline, much of the industry concern was over how home buyers and sellers would react. Would sellers suddenly stop offering buyer’s agent compensation?

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Coldwell Banker’s Kamini Lane blasts potential repeal of CCP

Housing Wire

With the National Association of Realtors ( NAR ) reportedly set to vote on the future of its Clear Cooperation Policy (CCP) in the not-too-distant future, the leader of Coldwell Banker Realty is not holding back her feelings about the controversial rule.

Sellers 355
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Agents are prepping sellers for a greater variety of offers

Housing Wire

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.

Sellers 482
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Nothing burger? Smart move? Industry reacts to NAR’s CCP changes

Housing Wire

Despite the headlines , Phillip Cantrell, the founder of Benchmark Realty, characterized the move as a nothing burger. 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.

Sellers 365
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How will listing agents share seller offers of buyer broker compensation off the MLS?

Housing Wire

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. 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.

Sellers 468
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What went wrong at Redfin?

Housing Wire

At the same time, agent counts at other publicly traded companies have exploded, with The Real Brokerage (+1,173%), Fathom Realty (+136.6%), Compass (+78.8%) and eXp Realty (+64.9%) leading the way. Since the first quarter of 2021, Redfins agent count has fallen by 22.5%. Redfin leaned into that, and it didn’t work.”

Brokerage 383