The Moehrl class action lawsuit focuses on a complaint that states the 6 percent commission is too high and that clients should have a say in the commission split — and agents aren’t too happy about it. Flat-fee discount brokerage Clever Real Estate is trying to meet everyone in the middle. Source: click here
Sick of spending thousands on leads that rarely convert? If you could, wouldn’t you rather focus your conversion efforts on prospects who already want to work with you? Learn how from Mike Cuevas, aka The Real Estate Marketing Dude. Source: click here
Sometimes we get dealt lousy hands, and as real estate agents, we shoulder a lot of responsibility and burden. But the key is to maintain perspective. Source: click here
Ron Peltier is enjoying HomeServices of America’s view from the top, but he’s not spending too long taking it in. On Wednesday, the company spoiled NRT’s two-decade reign as the top real estate brokerage in the country in transaction sides — for the first time in Peltier’s tenure. Source: click here
Charlie Sheen has slashed the price of his California estate to $7.99 million — the fifth price drop since listing it last year — proving that even celebrities sometimes struggle to sell their homes. The Sherman Oaks estate, which Sheen bought for $7.2 million in 2006, has five bedrooms and 8,628 square feet. He first listed […]
Just hours after announcing its latest real estate rankings, Real Trends 500 announced that it was the victim of a deliberate digital attack that brought down part of its website. Steve Murray Real Trends President Steve Murray announced the hack Wednesday afternoon in an email, saying that “someone who didn’t want you to have access […]
Only 16 percent of homebuyers using Redfin faced a bidding war during the first weeks of this month, the online brokerage reported Wednesday, a dramatic fall from a year ago when nearly two thirds of buyers were competing against other offers. Redfin’s report shows that the number of the brokerage’s homebuyers facing a bidding war […]
Zillow Group has made its latest move in the mortgage space, after jumping into the lending business last year. Mortech, a software provider for mortgage lenders that Zillow acquired for $12 million back in 2012, has partnered with Roostify, a platform also used by lenders and their customers to speed up closings. Source: click here
Fannie Mae has appointed Hugh Frater as its permanent chief executive officer following a six-month search to replace former CEO Timothy Mayoupolos, who stepped down in October. Frater, who served as interim CEO during the six-month search, has served on Fannie Mae’s board of directors since 2016. Over the course of his career, he has […]
Abode, a company that is trying to streamline the homebuying process while providing deep discounts to consumers, has acquired discount brokerage USRealty. Source: click here
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