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Brokers struggle to scale the brick wall of membership agreements

Housing Wire

Some real estate brokers have found their path blocked as they try to navigate the membership agreements mandated by NAR and their local Realtor associations to gain access to MLS listings. NARs three-way membership agreement requires Realtors to join associations at the local, state and national levels.

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Here’s what buyers and sellers want from their real estate agent

Housing Wire

And for all talk about getting a good deal on a purchase or sale, people still just want to find the right home and have a smooth process. 1 need, while only 14% said they wanted help in negotiating the terms of the sale. The survey also shed light on the different methods by which agents are marketing homes for sale.

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REcolorado finalizes controversial sale. But who owns the listing data?

Housing Wire

An explosive period for Denver’s multiple listing service (MLS) has come to an end, but an even more controversial one might be beginning. The Denver Metro Association of Realtors (DMAR) and South Metro Denver Realtors Association (SMDRA) were the majority shareholders prior to the sale to Burks and MAZL.

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With sale finalized, REcolorado names Dana Bennett as new CEO

Housing Wire

REcolorado has taken a big step toward moving on from its controversial sale earlier this year. The Denver -area MLS has named a new CEO in Dana Bennett, who returns to REcolorado after an 18-month stint away from the company. After Burks purchased the MLS in June, REcolorado rolled out a revised participation agreement to its members.

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Anywhere faces racketeering charges in Minnesota lawsuit

Housing Wire

The accusations also include the forging of documents (such as a fake purchase agreement and fake earnest money deposit records), the breaching of fiduciary duties to the Campolis and the prioritization of their own financial interests in earning a commission for the sale.

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A homebuyer’s personal story from the post-Sitzer, post-settlement world

Housing Wire

As a real estate reporter, it was not lost on me that the formal start of my house hunt would coincide almost perfectly with the real estate industry working through the nationwide implementation of the business practice changes outlined in the National Association of Realtors ‘ (NAR) commission lawsuit settlement agreement.

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Why the US MLS system is the envy of other countries

Housing Wire

Multiple Listing Services (MLS) by those trying to disparage the system. They also recently closed on their purchase of a new home. In the process, they had to rent a home for four months between their sale and their purchase given “simultaneous closings” are not a practice there. All in all, my parents paid 4.5%

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