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Nov 26, 2024 | 
realtrends.com | Troy Palmquist |Sarah Marx |Audrey Lee |Tracey Velt
Becoming the mayor of your geo-farming neighborhood has, for a long time, been conducted in very much the same way - with door-knocking, direct mail and luck. Technology has started making inroads to opening conversations, but there was still a gap filled mostly with just-listed and just-sold postcards. Truly being able to reach the consumer wherever they are is the goal, and being able to proactively go out and help a buyer find a home that's not yet for sale is a game-changing differentiator.
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Nov 25, 2024 | 
realtrends.com | Sarah Marx |Audrey Lee |Tracey Velt
By natesmoyer,Sarah Marx,Audrey Lee,Tracey Velt,deborahkearns In this week's video from Altos Research: 0:00 Homes are growing even less affordable 1:26 Inventory trends 3:08 New listings 4:47 Home sales this week 6:45 Home prices 8:53 Price reductions
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Nov 19, 2024 | 
realtrends.com | Sarah Marx |Audrey Lee |Tracey Velt
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Oct 23, 2023 | 
realtrends.com | Tracey Velt |Audrey Lee
In today's RealTrending, we speak with Bonneau Ansley, team leader of Ansley Real Estate and a partner with Christie's International Real Estate in Atlanta. Ansley recognized early that school was not for him and figured out that his strengths lie in entrepreneurship. From his first business selling tee shirts his freshman year in college to his current position as a RealTrends + Tom Ferry The Thousand team leader, Ansley capitalized on these strengths to build a bustling real estate business.
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Oct 16, 2023 | 
realtrends.com | Audrey Lee |Tracey Velt
In August, Zillow's 2023 Consumer Housing Trends Report proclaimed that half of all homebuyers are purchasing their first home, the highest share that Zillow has ever recorded. Up from 45% last year and a notable increase from 37% in 2021, the report also mentioned that this share of first-time homebuyers likely hasn't been this high since 2010, when there was a first-time homebuyer tax credit.
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Oct 16, 2023 | 
realtrends.com | Tracey Velt |Audrey Lee
The long-anticipated Sitzer/Burnett class action commission lawsuit enters its first day in court on Monday, leaving real estate professionals to ponder the fate of today's cooperation and commission practices. At the crux of the case is the allegation that commission rates are too high, it's unfair that the seller pays the buyer's agent's commission, and that the National Association of Realtors' (NAR) Code of Conduct and MLS Handbook lead to set pricing.
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Oct 16, 2023 | 
realtrends.com | Tracey Velt |Audrey Lee
On today's RealTrending, Douglas Elliman's Dina Goldentayer shares the strategies and lessons she's learned moving from rentals to becoming the No. 21 individual agent by sales volume in the RealTrends + Tom Ferry The Thousand. Goldentayer is not afraid of hard work and saying no to opportunities that don't fit. More than that, she's built a huge Instagram audience by focusing on being authentic and informative.
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Oct 9, 2023 | 
realtrends.com | Tracey Velt |Audrey Lee
Ray Rivera and Sonny Downey share their perspective on the commission lawsuits. Sonny is a past president of his local MLS and Ray is the incoming 2024 president, so they have a unique view of how things may shake out. Ray and Sonny also discuss how low-fee brokerage models are able to scale so quickly and offer services to agents, and how traditional brokers have a misguided perspective of the model. Here is a small preview of today's interview.
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Oct 6, 2023 | 
realtrends.com | Brooklee Han |Tracey Velt |Audrey Lee
Initially filed in April 2019, the lawsuit takes aim at NAR's Participation Rule. According to the plaintiffs, commission sharing inflates the costs for consumers, in violation of the Sherman Antitrust Act. NAR contends that the current commission structure, which has been in place for over 100 years, actually helps consumers. A second larger class action suit in Illinois, known as the Moehrl suit, makes the same allegations.
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Oct 6, 2023 | 
realtrends.com | James Kleimann |Tracey Velt |Audrey Lee
The terms of Anywhere Real Estate's $83.5 million settlement with plaintiffs in two bombshell buyer commission lawsuits have been made public, and they stipulate that the brokerage conglomerate make significant changes to its practices. A hearing for preliminary approval of the settlement is expected to occur next month, with final court approval expected in mid-2024.
