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
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
Realtor.com on Wednesday introduced a new feature to help homebuyers more deeply understand how far their dollar can actually go, also known as buying power, when shopping for homes. Price Perfect is a consumer-facing tool that allows shoppers to add or subtract the cost of specific home features and configure their ideal home in both their […]
A decision on independent contractor status made by the California Supreme Court last year is hitting the real estate industry — and flat-fee brokerage Purplebricks might be the first to grapple with it. Source: click here
HomeServices of America has ended NRT’s two-decade reign atop the Real Trends 500 list, beating the Realogy company in number of transactions. Source: click here
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