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Opinion: Brokers should consider a new model for post-Burnett world

Housing Wire

Amongst the most substantial terms of that agreement is a blanket ban on the requirement that agents subscribe to MLSs to offer or accept compensation for their work. But what about the case of the transaction in which a bank-owned or real estate-owned property (REO) is being sold?

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$100M San Francisco team OWN Real Estate joins KW

Inman

After four years with Side Real Estate, OWN Real Estate founder Wilson Leung has brought his team back to Keller Williams. OWN's 19 agents closed 80 transactions worth $107.1 million in 2022.

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How Do I Find an REO Buyer’s Agent Who Knows Bank-Owned Home Sales?

HomeLight

But then, it went into foreclosure and didn’t sell at auction, so now it’s listed as an REO, or real estate-owned property. Not so fast: You need an REO buyer’s agent. A “real estate owned,” or REO, home is one that’s owned by a bank. You need an agent who’s on top of the bank’s timeline.

Banks 98
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Government Websites, Real Estate Agents, A Drive around the Block, And More Ways to Find REO Homes in Your Area

HomeLight

Here’s a riddle for you: What do government websites, real estate agents, and a drive around the block have in common? Real estate owned, or REO, homes are a result of the foreclosure process , which varies from state to state. The bank will then work with a listing agent to list the home on the MLS.

Agents 104
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Warning: Housing Bubbles Tend to Burst. Here’s How Agents Can Prepare

The Close

Builders were selling homes by lottery, and real estate agents were living large—and so was I. Like many others, I owned multiple properties and I was building custom homes on the side for big profits. As agents, we knew that 100%, no-document lending was wrong, but we didn’t know the consequences. I was fortunate.

Agents 98
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The 13 Best Real Estate Investing Classes Online 2025

The Close

Fix-and-flip Investing The Complete Real Estate Investing: Learn to Fix & Flip, Step-by-Step Bundle Course Details: Offered by: The Entrepreneur Store Instructor(s): Khari Parker, Adrian Gray, Symon He, and Starweaver Who it's best for: New and experienced investors who want to fix and flip properties Online course rating: 4.6

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Buying Foreclosed Homes for Dummies in 11 Steps Even You (Yes, You!) Can Do

HomeLight

Real Estate Agent. Real Estate Agent at Compass RE Texas. Mary Stewart in Sugar Land , Texas, is in the top 1% of agents in her area for successfully selling homes. Stewart says that foreclosures may not take long to turn over if the mortgage company has already listed the property with an agent.