Will The NAR Settlement Be Approved?
Will The NAR Settlement Be Approved? Not So Fast: KBW expects the Department of Justice to flex its muscles. NAR released an expected timeline to settlement approval. Too optimistic?
Will The NAR Settlement Be Approved? Not So Fast: KBW expects the Department of Justice to flex its muscles. NAR released an expected timeline to settlement approval. Too optimistic?
NAR Sitzer-Burnett settlement (proposed) changes the real estate landscape: expect lower commissions, fewer agents, and menu-based services. Minimal imact on housing prices.
Amidst industry shakeups and lawsuits, real estate is facing dramatic shifts due to AI and market forces. The once-standard 5%-6% commissions are predicted to fall to 3% or less. Companies like Compass, driven by venture capital, are likened to “Redfin on steroids,” initially thriving through aggressive strategies but potentially facing long-term challenges. As technology and transparency rise, standard transaction fees are set to plummet.
Are Commission Rates and Fees Too High? At the risk of cutting off my nose to spite my face, the answer to the question, “Are fees too high?” is a foregone conclusion.…
Native Angelino Real Estate, a Zero Hour Group company, celebrates our fifth year of operations. Serving the Los Angeles metro, and Southern California region.
A Starter Guide to the analysis and brokerage of distressed properties and homes in foreclosure.
n every market cycle – boom or bust – there exists a small percentage of assets that fall into the ‘troubled’ or ‘distressed real estate’ category.
Tom Levine is an LA Native and founded Native Angelino Real Estate in 2017. Los Angeles based serving all of Southern California.