BAM Media

OCTOBER 22, 2024

Real RISE 2024 kicks off today, October 22nd, with some exciting new developments in AI and fintech for real estate agents who’ve joined (or will join) the brokerage. It also integrates with the Real Design Center , using MLS data to generate branded content (including “Just Sold” posts and listing announcements) delivered at the right time.

Brokerage 98

Brokerage Development Branding Technology 98

Housing Wire

AUGUST 19, 2024

Another wrinkle is that not all agents, brokerages or sellers are handling offers of buyer broker compensation the same way. The fact that we are not allowed to disclose buyers’ agent compensation in the MLS doesn’t seem beneficial to the buyer,” said Pettinelli, an agent at Providence, Rhode Island-based firm Churchill & Banks.

Purchase and sale agreement 476

Purchase and sale agreement Agents MLS Seller concession 476

Housing Wire

AUGUST 26, 2024

Ryan Tomasello, an analyst at Keefe, Bruyette & Woods , attributes the downward pressure on buyer agent commission to the various changes mandated by the settlement agreement, including mandatory buyer representation agreements and the removal of offers of cooperative compensation from the MLS. “We’ve

Brokerage 511

Brokerage Agents Industrial Banks 511

Housing Wire

SEPTEMBER 6, 2024

This is the seventh edition of the private investment bank’s quarterly survey. And 90% of agents at what Stephens refers to as “traditional” brokerages — which includes firms like RE/MAX , Anywhere , Keller Williams , Compass and Douglas Elliman — reported being fully or somewhat prepared.

Agents 440

Agents Brokerage MLS Industrial 440

Housing Wire

JANUARY 6, 2023

According to the latest BLS statistics, mortgage banking companies cut 7,200 jobs in November. Nearly 42,000 jobs have been shed by mortgage banking firms over the last year, according to the BLS. Mortgage brokerages, meanwhile, shed about 2,300 jobs in November.

Marketing 482

Marketing Residential Construction MLS 482

Housing Wire

FEBRUARY 14, 2025

In response, many brokerage firms have adapted their business models to navigate these challenges. brokerage firms continues to decline, sitting near 10% by the end of 2024. Additionally, segmentation among brokerage firms is likely to increase, driven by differences in cost structures and technology adoption.

Brokerage 206

Brokerage Residential Industrial Technology 206

Housing Wire

APRIL 11, 2024

This influence is why analysts at investment bank Keefe, Bruyette & Woods (KBW) believe the drama surrounding NAR’s commission lawsuit settlement agreement is far from over. The DOJ always had that card up its sleeve.”

MLS 486

MLS Industrial Brokerage Banks 486

Housing Wire

JUNE 8, 2022

The monitoring program, covering all 50 states, includes MLS listing data as well as public records from data aggregators. Xactus has more than 6,500 clients, including banks and non-bank mortgage originators, and 12 service centers across the country.

Short sale 366

Short sale MLS Banks Loans 366

Housing Wire

APRIL 3, 2024

Like all of the publicly traded brokerages, Zillow Group saw its stock prices slide, dropping 13.4% In a note issued March 15, after the news of NAR’s settlement broke, analysts at investment bank KBW wrote that the companies they expect to be “most negatively impacted include those with buyer agent commission-driven models.”

MLS 464

MLS Residential Agents Industrial 464

Housing Wire

AUGUST 19, 2024

Mandatory commission offers from listing agents (and sellers) to buyer agents that are now required to be included in NAR -operated Multiple Listing Services (MLS) listings have allowed the industry to maintain near-uniform commission rates of 5-6% and deterred negotiation over these services.

Purchase and sale agreement 457

Purchase and sale agreement Finance Industrial Agents 457

Housing Wire

SEPTEMBER 7, 2023

Some of the nation’s largest real estate brokerages, including Keller Williams, RE/MAX , HomeServices of America as well as the National Association of Realtors , are facing three class action lawsuits (NAR is only named as a defendant in two lawsuits) that could result in the industry paying out tens of billions in damages.

Agents 418

Agents Loan Officer Lending Loans 418

Housing Wire

FEBRUARY 3, 2023

According to the latest BLS statistics, mortgage banking companies cut 2,500 jobs in December. Mortgage brokerages, meanwhile, shed about 800 jobs in December. Buyers have been enticed back into the market as rates have dropped over the past few weeks,” Lisa Sturtevant, the chief economist at Bright MLS , said in a statement.

Marketing 369

Marketing Residential Construction MLS 369

Housing Wire

NOVEMBER 13, 2023

Self-paced online Gold Coast School $263 Classroom, livestream, or online MLS Campus Real Estate School $83.88 Self-paced online Gold Coast School $263 Classroom, livestream, or online MLS Campus Real Estate School $83.88 The school also has a tuition reimbursement program for students who join their partner brokerages.

Purchase and sale agreement 466

Purchase and sale agreement MLS Pre-approval Agents 466

Inman

AUGUST 6, 2024

Brokerage and MLS software platform Perchwell has closed on a Series B round of funding led by Lux Capital.

MLS 147

MLS Brokerage Marketing Closing 147

The Close

OCTOBER 26, 2023

Opening your own brokerage is a huge milestone in your real estate career. However, if you don’t accurately estimate your real estate brokerage expenses, your startup dream can quickly become a nightmare. In my 28-year career in real estate, I have launched or coached more than 20 startup real estate brokerages.

Brokerage 98

Brokerage Branding Agents As-is 98

HomeLight

DECEMBER 15, 2021

But if you don’t know how to buy a house before it’s listed on the MLS (multiple listing service), then you’ll miss out on this chance. How do you buy a house before it’s listed on the MLS? We researched the ins and outs of what you, as a buyer, should know when it comes to purchasing a home before it’s listed on MLS.

MLS 98

MLS Pre-qualification Purchase and sale agreement Agents 98

The Close

NOVEMBER 6, 2023

Today’s sophisticated agents want more from their real estate brokerage than just the basic file review, supervision, and commission disbursement. So if you don’t want your brokerage to get left in the dust, you will need to step up the real estate services you provide. You’ll quickly overload yourself and your staff.

Brokerage 98

Brokerage Agents Branding Staging 98

First Team Real Estate

DECEMBER 14, 2020

Here are the 6 ways we, as a local family-owned brokerage , help our clients save thousands of dollars on their home sale while providing our signature quality service that has secured us a 98% satisfaction rating among Southern California homeowners. MORE than family-owned brokerages like ours! Market Trends? Their Strategy.

Brokerage 105

Brokerage Backup offer Staging MLS 105

RIS Media

MARCH 11, 2022

Bringing the MLS/Brokerage Relationship Into the Future. Brian Donnellan , President and CEO, Bright MLS. The best brokerage, MLS, mortgage finance, association, technology and service-provider leaders will once again make the CEO & Leadership Exchange the must-attend real estate event of the year,” says Featherston.

MLS 105

MLS Brokerage Technology Industrial 105

BAM Media

APRIL 10, 2025

Whether you’re scrolling through the MLS, hoping a new listing pops up that’s a perfect fit for your buyers, or relying on the occasional referral to keep your pipeline trickling, it can be frustrating to feel at the mercy of factors outside your control. Your brokerage likely provides this.)

Land 59

Land MLS As-is Marketing 59

The Close

SEPTEMBER 14, 2023

My Picks for the Best Real Estate Transaction Management Software for 2023: The picks below are broken into two sections: The first few are better suited to solo agents and small teams, while the last ones are more targeted at brokerages and large teams. Not sure where you fit? Scroll down and take my needs assessment quiz!

Brokerage 105

Brokerage MLS Branding Agents 105

Notorious ROB

APRIL 5, 2023

DPX is an MLS The first and most important differentiator is that DPX is a Multiple Listing Service. It turns out that you cannot build an open auction platform on top of the traditional MLS. Many an MLS, for example, simply do not even allow auctions to be listed. We are a parallel platform, not a competitor to the MLS.

Purchase and sale agreement 97

Purchase and sale agreement MLS Brokerage Agents 97

Inman

OCTOBER 16, 2023

4 by the investment banking firm Keefe, Bruyette & Woods forecasts commissions to decline by at least 30 percent as a result of ongoing threats to the real estate industry. A report released Oct.

Banks 197

Banks Industrial MLS Brokerage 197

HomeLight

SEPTEMBER 20, 2022

Real Estate Agent at Coldwell Banker Residential Brokerage. Plus, buying a short sale could seriously test your patience: The whole process could stretch a long time, because you’re waiting for a response not from an individual, but from the bank or lender. “A Jessica Wallace. Real Estate Agent. Jessica Wallace. Years of Experience.

Short sale 98

Short sale Sales Pre-approval Equity 98

Notorious ROB

APRIL 2, 2023

As promised, I thought I would recap and summarize my thoughts on what the impact of the various lawsuits against NAR, brokerages, Zillow, and MLSs likely would be. Which means that every local REALTOR Association and every local/regional MLS has to up their legal budgets for 2024. NAR, which has now been certified as a class action.

MLS 98

MLS Brokerage Agents Industrial 98

RIS Media

MAY 6, 2022

More than 100 C-level executives representing top brokerage firms, ‘disruptor’ models, leading agent teams, tech innovators, and powerful MLSs and associations are scheduled to speak at the CEO & Leadership Exchange. The Brokerage M&A track will provide strategies and case studies for successfully growing your firm. .

MLS 98

MLS Technology Brokerage Title 98

RIS Media

APRIL 29, 2022

More than 100 C-level executives representing top brokerage firms, ‘disruptor’ models, leading agent teams, tech innovators, and powerful MLSs and associations are scheduled to speak at the CEO & Leadership Exchange. The Brokerage M&A track will provide strategies and case studies for successfully growing your firm. .

MLS 98

MLS Technology Brokerage Title 98

First Team Real Estate

AUGUST 9, 2021

Never leaving money on the table, especially in today’s seller’s market, the agents in our Huntington Beach South office have put an extra $6,637,077 in the bank for Southern California homeowners by helping them sell for as much money as possible. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

MLS 98

MLS Agents Brokerage Banks 98

Toronto Realty Blog

MARCH 23, 2022

11:15am – An agent calls to ask if I can send him a PDF copy of the MLS listing, which is very odd, unless he’s from a different board. 4:47pm – Offer is submitted, but not registered with the brokerage: $1,150,000 purchase price. 60,000 deposit – with bank draft. 65,000 deposit – with bank draft.

Banks 122

Banks Inspection Agents Closing 122

Toronto Realty Blog

FEBRUARY 22, 2021

And that’s surely a topic for another day: how the business models in real estate are helping to breed agents who have no clue what they’re doing, but I’ll stop short of making this into an advertisement for a traditional brokerage model. Banks don’t even do pre-approvals anymore.

Pre-approval 116

Pre-approval Banks Agents MLS 116

Realty Biz

JULY 31, 2023

In addition to earning REALTORS ® of the Year honors from their local MLS, both Charles and Ann have served as president of the Lubbock Association of REALTORS ®. The company also supports non-profit organizations such as the South Plains Food Bank and the Lubbock Area United Way. © 2023 Century 21 Real Estate LLC. All Rights Reserved.

Branding 52

Branding Brokerage Commercial Property Management 52

HomeLight

APRIL 30, 2022

and the questions about how to even find a house (do you have to wait until it’s been listed on the MLS, or is there a better way?) — you’re already overwhelmed. Many buyers feel comfortable searching the multiple listing service (MLS) online by way of well-known sites and apps, such as realtor.com, Zillow, and Trulia. Realtor.com.

Closing 105

Closing MLS Pre-qualification Technology 105

Toronto Realty Blog

AUGUST 25, 2023

Would a buyer choose this property with a 4% interest rate instead of a different property which would necessitate a 5.99% rate from a bank? But “comparable interest rate to major banks,” so what’s in this for the buyer, exactly? But it got me thinking: how prevalent is this in the market today?

Mortgages 98

Mortgages Commercial MLS Banks 98

The Close

NOVEMBER 12, 2024

It automatically reminds tenants about payments and sends the money to your bank account in two to five days. Also, tenants can pay their rent using any device, whether through an ACH bank transfer or a debit or credit card. They can easily set up autopay. Check out Deal Machine 4. Check out Stessa 7. Check out DocuSign 8.

Investor 98

Investor Banks MLS Marketing 98

Toronto Realty Blog

NOVEMBER 14, 2022

The decision arose from a dispute between a real estate agent and two brokerages. In January 2019, the agent executed an Independent Salesperson’s Agreement with a brokerage, Right at Home, and was provided with a salesperson’s manual. was listed for sale on MLS for $799,800.00. In June 2020, a property in Mississauga, Ont.

Purchase and sale agreement 98

Purchase and sale agreement Brokerage Agents Finance 98

Toronto Realty Blog

MAY 25, 2023

I had them go to the bank and get a certified cheque for $100,000 as a deposit, we satisfied ourselves of the contents of the home inspection, and at 5:15pm, I submitted an offer for $1,600,000, unconditionally, with a deposit in hand, to the listing agent. ” Except that’s not verbatim. Is it laziness? Is it self-interest?

MLS 102

MLS Agents Brokerage As-is 102

The Close

DECEMBER 9, 2020

LionDesk also offers slightly modified versions of its customer relationship management (CRM) software for teams and brokerages, which cost around $20 per agent, per month. You can create custom audiences, upload images and video for ads, and will even pull MLS data to create instant listing ads. The Power Dialer.

MLS 98

MLS Brokerage Agents Technology 98