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☆ What a buyer’s agent will do for you when you’re looking for a new home
▼ + stars: | 2024-04-22 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +8 min

The obligations of a buyer’s agent to youLegally and ethically, buyer’s agents have six key obligations to you. Obedience: While they can make recommendations, a buyer’s agent must follow your instructions, assuming you’re not asking them to do anything illegal. Such a body may be known as the real estate commission, the board of real estate or department of real estate. Find out, too, if the agent has availability that will work with your schedule, said David Kent, founder of The Real Buyer’s Agent in Charleston, South Carolina. It also may include what commission you will pay the agent if the seller of a home you buy hasn’t agreed to pay both the listing agent and the buyer’s agent, which is traditionally how it’s been done.

Persons: –, ”, Amy Lessinger, That’s, ” Lessing, Lessinger, else’s, you’re, RESPA, they’re, Jason Abrams, David Kent, Kent, ” Abrams, Abrams Organizations: New, New York CNN, National Association of Realtors, NAR, National Association of Real, Keller Williams Realty Inc Locations: New York, Charleston , South Carolina

☆ Real-Estate Agents Use 'Steering' to Hide Cheap Houses From Homebuyers
▼ + stars: | 2024-03-13 | by ( James Rodriguez | ) www.businessinsider.com time to read: +14 min

Technically, the seller can promise as little as $0 to the buyer's agent; after all, why pay for someone you didn't hire? But multiple agents told me there are all kinds of ways shady practitioners try to skirt the rules. Critics say the stickiness of the going commission rate is evidence of steering's ubiquity. He said buyers' agents might call and say, "'Why is there no buyer's commission?" There are lots of willing brokers out there; if you suspect steering, agents told me, you've got plenty of options for a second opinion.

Persons: should've, Redfin, Julie —, Julie, Wendy Gilch, Gilch, they're, Doug Miller, Real, Rex, Keller Williams, I'm, Brendon Bowers, we're, Stephen Brobeck, Brobeck, they'll, you've, Rich, they've Organizations: Department of Justice, National Association of Realtors, Business, Facebook, Realtors, NAR, Consumer Federation of America, DOJ Locations: America, Minnesota, Austin, Houston, Kansas City , Missouri, Phoenix

☆ This century-old 1 bathroom house took $11,000 worth of staging, attracted 25 bids, and sold for $253,000 above its asking price
▼ + stars: | 2024-02-20 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +3 min

This story is available exclusively to Business Insider subscribers. "I grew up in Nutley," Lorraine Hurlbut , the listing agent for the home who works with Keller Williams NJ Metro Group, told Business Insider. Advertisement“We have New Yorkers, people from Hudson County that live in Jersey City and Hoboken come,” to buy homes in Nutley, Hurlbut said. With 15 bids received, the home's sale price soared by over 40% of the asking price — setting a record in Nutley, Hurlbut told NJ.com. “I don't do minimal staging,” Hurlbut told Business Insider.

Persons: —, William Lambert, Lorraine Hurlbut, Keller, It's, Hurlbut, “, Geoffrey, NJ.com, ” Hurlbut, Hurlburt, ” Organizations: Service, Business, Keller Williams NJ Metro Group Locations: Nutley , New Jersey, Nutley, Essex County, New York City, Hudson County, Jersey City, Hoboken, New York, New Jersey

LOS ANGELES (AP) — One of the nation's largest real estate brokerages has agreed to pay $70 million as part of a proposed settlement to resolve more than a dozen lawsuits across the country over agent commissions. In October, a federal jury in Missouri found that the National Association of Realtors and several large real estate brokerages, including Keller Williams, conspired to require that home sellers pay homebuyers' agent commission in violation of federal antitrust law. More than a dozen similar lawsuits are pending against the real estate brokerage industry. Two other large real estate brokerages agreed to similar settlement terms last year. In their respective pacts, Anywhere Real Estate Inc. agreed to pay $83.5 million, while Re/Max agreed to pay $55 million.

Persons: brokerages, ”, Michael Ketchmark, Keller Williams, homebuyers, “, ” Gary Keller, Max Organizations: ANGELES, Keller Williams Realty Inc, National Association of Realtors, Inc Locations: Illinois, Missouri, Austin , Texas

☆ The 25 top companies to work for, according to Glassdoor
▼ + stars: | 2024-01-10 | by ( Madison Hoff | ) www.businessinsider.com time to read: +2 min

Glassdoor released its 2024 list of top workplaces based on how US-based employees feel about them. Glassdoor recently published its new Best Places to Work ranking based on how US-based employees felt about their workplaces. AdvertisementWhile Microsoft ranked high on the 2024 list, ranking No. Google fell just short of the top 25 in the 2024 list, ranking No. AdvertisementBelow are the top 25 large companies to work for according to the 2024 US list along with their Best Places to Work rating, which was on a five-point scale.

Persons: Glassdoor, Raymond James Financial, —, Keller Williams, Burger, Bain Organizations: Bain & Company, eXp Realty, Service, Best Places, U.S, Microsoft, Management, Best, Google

☆ At their annual mega-party, real estate agents on edge over the potential erosion of their commissions
▼ + stars: | 2023-11-16 | by ( Anna Bahney | Samantha Delouya | ) edition.cnn.com time to read: +10 min

Courtesy National Association of RealtorsKasper echoed those sentiments in a keynote address to agents at the convention on Tuesday, telling agents: “We will continue to listen closely to your feedback. Real estate agents generate about $100 billion in commissions a year, according to the Department of Justice. And about half of that, plaintiffs in the recent case argue, goes to buyers’ agents. Visitors at the National Association of Realtors convention on November 14 in Anaheim, California. She said that buyers’ agreements may have to have wording that says that if a seller doesn’t agree to pay the buyer’s agent commission, the buyer is on the hook for that money.

Persons: Keller Williams, Tracy Kasper, Berkshire Hathaway, Silverhawk, ”, ” Tracy Kasper, National Association of Realtors Kasper, Renée Roqué, Alexis McGee, “, Liu Guanguan, John Natale, Natale isn’t, Lynn Madison, Madison, Chuck Simons, “ It’s, Matt Troiani, Troiani, it’s, ” Troiani, ” ‘, Jim Flanagan, Flanagan, isn’t, Nate Johnson, haven’t, Johnson Organizations: California CNN, National Association of Realtors, NAR, of Justice, NXT, Department of Justice, China News Service, Social Media, Realtors, Coldwell, RedKey Realty Locations: Anaheim, California, Missouri, America, Texas, Berkshire, Boise , Idaho, Stevenson Ranch , California, San Mateo County , California, New Jersey, Anaheim , California, Illinois, Valencia , California, Ocean County , New Jersey, Flanagan’s, St, Louis , Missouri

☆ Lawsuits are shaking the NAR’s grip on America’s real estate fees
▼ + stars: | 2023-11-06 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

It’s easy to forget how much we used to rely on real, physical paper and, like, other people to buy basic things. It wasn’t all that long ago that you’d call a travel agent to book a flight. But the sellers argued that in a competitive market, the buyers should pay their own agent’s commission, and negotiate that fee separately. Because even though the NAR says fees are negotiable, the industry has made 5%-6% commissions so standard that most people wouldn’t question it. According to Bloomberg, Realtor commissions are high by global standards.

Persons: CNN Business ’, Anna Bahney, Keller Williams, Bob Goldberg, ”, you’re, you’ll Organizations: New, New York CNN, CNN Business, National Association of Realtors, Homeservices, Keller, Keller Williams Realty, NAR, MLS, Bloomberg, Department of Justice Locations: New York, Missouri, America, Australia

☆ After a $1.8 billion verdict, the clock is ticking on the 6% real estate commission
▼ + stars: | 2023-11-05 | by ( Manav Tanneeru | Anna Bahney | ) edition.cnn.com time to read: +7 min

And yet, every day, people across America hire a real estate agent to help them sell a home. While state governments license real estate agents, NAR has an extensive code of ethics it expects members to adhere to. NAR and the brokerages have vowed to appeal the verdict, which means real estate commissions aren’t going anywhere immediately. Last month Redfin, an internet real estate company, left the association. The longer-term impact of the verdict may be that the pairing of buyer’s agent commission and seller’s agent commission will eventually be separated.

Persons: Keller Williams, –, Corcoran —, Kenny Parcell, ”, Mantill Williams, Darryl Frost, homesellers, Stephen Brobeck, ” Brobeck, Jen Davis, ” Davis, “, they’ll Organizations: DC CNN, National Association of Realtors, Homeservices, Keller, Keller Williams Realty, Coldwell Banker, Sotheby’s, Realty, NAR, US Department of Justice, “, Consumer, Consumer Federation of America, Holt Homes Group Locations: Washington, America, Missouri, Keefe, Springfield , Missouri

☆ Real-estate agents may be forced to charge home buyers less, thanks to a new $1.8 billion verdict
▼ + stars: | 2023-11-05 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

On Tuesday afternoon at a courthouse in Kansas City, Missouri, the collective nightmare of the real-estate industry became reality. For decades, the basic structure of how real-estate agents get paid when they help someone buy or sell their home has remained roughly the same. Here's how it works: When you list your home for sale on an MLS, you're required to offer a commission to the buyer's agent. The good buyer's agents who can prove their value will be fine, Brobeck predicted. Buyers might also start making offers on the condition that the seller agrees to pay both agents' commissions — otherwise, no deal.

Persons: Burnett, —, Stephen Brobeck, Brobeck, Mike Rosenthal, Rosenthal, Sellers, Saul Klein, you've, Klein, Keller Williams, Bob Goldberg, Inman, Opendoor, James Rodriguez Organizations: National Association of Realtors, NAR, MLS, Consumer Federation of America, Consumer, nab, New York Times, Justice Department Locations: Kansas City , Missouri, Missouri , Illinois, Kansas, California

☆ A $1.8 billion earthquake just hit the real estate industry
▼ + stars: | 2023-11-05 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

On Tuesday afternoon at a courthouse in Kansas City, Missouri, the collective nightmare of the real-estate industry became reality. For decades, the basic structure of how real-estate agents get paid when they help someone buy or sell their home has remained roughly the same. Here's how it works: When you list your home for sale on an MLS, you're required to offer a commission to the buyer's agent. The good buyer's agents who can prove their value will be fine, Brobeck predicted. The wild thing is, the decision could be just the beginning of tumult for the real-estate industry.

☆ A new 'wake-up call for real-estate agents' could reshape how we buy and sell homes
▼ + stars: | 2023-11-01 | by ( Hana R. Alberts | ) www.businessinsider.com time to read: +4 min

A jury found Tuesday that real-estate agents and brokerages kept their commissions artifically high. The verdict, she added, is "a wake-up call for real-estate agents." The seller might no longer pay out both agents' commissions after the sale closes. Currently, home sellers often list their properties for higher sums because they expect to pay broker fees. AdvertisementAdvertisement"NAR and corporate real-estate companies have had a stranglehold on real-estate commissions for too long," the plaintiffs' lawyer, Michael Ketchmark, said outside the courtroom Tuesday, according to the Journal.

Persons: brokerages, —, Sissy Lappin, James Rodriguez, Rodriguez, Bernstein, Keller Williams, Michael Ketchmark Organizations: Service, National Association of Realtors, NAR, Wall Street, Keller, Keller Williams Realty Locations: Houston , Texas, Midwest

The verdict by a federal jury in Kansas City, Missouri, could upend decades-old practices that have allowed real estate agents to boost commissions as home prices and mortgage rates rise, hurting consumers by making housing transactions more expensive. Plaintiffs in the class action included sellers of more than 260,000 homes in Missouri, Kansas and Illinois between 2015 and 2022, who objected to the commissions they were obligated to pay buyers' brokers. The verdict followed a two-week trial, and the damages award can be tripled under U.S. antitrust law to more than $5.3 billion. Shares of real estate brokerages not involved in the verdict closed lower. Re/Max fell 4.4% and Anywhere fell 2.7%, while online brokers Zillow Group (ZG.O) and Redfin (RDFN.O) declined 6.9% and 5.7%, respectively.

Persons: Larry Downing, Warren Buffett's Berkshire Hathaway, Michael Ketchmark, realty Keller Williams, Mantill Williams, HomeServices, Keller Williams, Darryl Frost, Frost, Sellers, Corcoran, Max, brokerages, Mike Scarcella, Jonathan Stempel, Lance Tupper, David Bario, Chizu Nomiyama, Jonathan Oatis, David Gregorio Our Organizations: National Association of Realtors, REUTERS, realty, NAR, Coldwell Banker, Zillow, U.S . Department of Justice, Thomson Locations: Fairfax, Virginia, U.S, Warren, Kansas City , Missouri, Missouri , Kansas, Illinois, Berkshire, America, Washington, Maryland, New York

☆ Jury hits National Association of Realtors, real estate companies with $1.8 bln in damages
▼ + stars: | 2023-10-31 | by ( Mike Scarcella | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

Townhomes line a street in Fairfax, on the morning the National Association of Realtors issues its Pending Home Sales for February report, in Virginia March 27, 2014. The verdict followed a two-week trial in the Kansas City, Missouri, federal court, where the case had drawn widespread attention for challenging widely used real estate industry practices. A spokesperson for the National Association of Realtors, Mantill Williams, also said it would appeal and ask the court to reduce the damages amount. The plaintiffs claimed the association and corporate defendants drove up the commission, upwards of 6%, that home sellers pay to brokers representing buyers. Two other defendants, Re/Max (RMAX.N) and Anywhere Real Estate (HOUS.N), agreed to respective $55 million and $83.5 million settlements before trial, without admitting liability.

Persons: Larry Downing, Warren Buffett's Berkshire Hathaway, Michael Ketchmark, Ketchmark, Keller Williams, HomeServices, Darryl Frost, Frost, Mantill Williams, Sellers, Mike Scarcella, David Bario, Chizu Nomiyama, Jonathan Oatis Organizations: National Association of Realtors, REUTERS, U.S . Justice Department, Thomson Locations: Fairfax, Virginia, U.S, Warren, Kansas City , Missouri, Berkshire, America, Missouri , Kansas, Illinois, Washington, Maryland

☆ The San Jose housing market is so competitive that a house with an 'inactive meth lab' is on the market for $1.55 million
▼ + stars: | 2023-10-25 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +3 min

A San Jose home is the site of an "inactive meth lab and meth contamination," the listing reads. "If it's a meth lab, it shouldn't be listed at that price, not in that neighborhood," an agent said. AdvertisementAdvertisementThe housing market in San Jose, California, is so hot that even a former meth lab is asking well over $1 million. A six-bedroom home is currently listed at $1.55 million, but the kicker is it's being sold as is — "inactive meth lab" and all, reads the listing description. According to Redfin, San Jose has the most competitive housing market in the country, beating out neighboring cities like Sacramento and San Diego.

Persons: —, Redfin, Diane LoVerde, Santa Clara County, LoVerde, Zaid Hanna, KRON4, Keller, Cindy Selleos Organizations: Service, Court Locations: Jose, San Jose , California, San Jose, Sacramento, San Diego, California, Zillow, Santa Clara

☆ Wall Street and money moved into South Florida, driving up prices. Now some residents want to move out.
▼ + stars: | 2023-10-22 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +10 min

They're looking to nearby smaller cities in South Carolina, North Carolina, Georgia, and Tennessee. They're picking places like Knoxville, Tennessee; Greenville, South Carolina; Huntsville, Alabama; and Asheville, North Carolina; which she collectively refers to as "the Villes." AdvertisementAdvertisementWhy CEOs moved their lives — and their businesses — to FloridaWall Street moved to South Florida in droves in 2020 and 2021. Billionaire hedge-fund CEOs — like Citadel's Ken Griffin — paid record-shattering amounts for South Florida homes , added offices, and moved their businesses there entirely from New York, Chicago, and Silicon Valley. They bought a 2,400-square-foot, four-bedroom home on an acre of land for the same price in Greenville, South Carolina.

Persons: —, There's, Nicole Panesso, Holly Meyer Lucas, Meyer Lucas, Ken Griffin —, Brian Guzman, Guzman, Jonathan Miller, Ken Griffin, PATRICK T, FALLON, It's, Larry Ellison, Miller, Michael Bordenaro, Greg May, Marcia Straub, Keller Williams, Jill Cody, she's, Ryan Wilson, Jami, Alexander Spatari, Jami Wilson Organizations: Service, Sunshine State, Census Bureau, Orlando, Coral, Fort Myers, Florida Wall, Billionaire, Guzman Advisory Partners, Getty, West Palm Beach, Florida Atlantic University, Silicon, Oracle, South, South Florida metros, Fortune, Miami, Homes, Army Locations: Florida, Greenville, Knoxville, South Florida, Chattanooga , Tennessee, South Carolina, North Carolina , Georgia, Tennessee, Knoxville , Tennessee, Greenville , South Carolina, Huntsville , Alabama, Asheville , North Carolina, Realtor.com, Asheville, Miami, Gulf Coast, New York, Chicago, Silicon, West Palm, Fort Lauderdale, Palm Beach, Texas, North Carolina, Greensboro, Fort

☆ Ski towns in the American West are getting swankier — and pricing out frustrated locals
▼ + stars: | 2023-10-01 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

Driggs, Idaho, is the latest western mountain town to grapple with an surge of outsider money. AdvertisementAdvertisementChristina Assante bought a half-acre lot in Driggs, a ski town on the border of Wyoming, for $500,000 in 2021. Assante, and her son, Asher, are a part of a growing population setting course for the burgeoning ski town that was once overshadowed by its trendy neighbor Jackson, Wyoming. AdvertisementAdvertisementAn uncharted ski town in Idaho is ready to explodeIn Driggs, the town's expansion trajectory hangs in the balance as a, more literal, expansion is being organized. Locals are being pushed further outside of this Colorado ski townVail, Colorado, an expensive ski town a little less than 100 miles outside of Denver, could be viewed as a cautionary tale for Driggs and other budding ski towns.

Persons: —, Rich, Dutton, Luke Smith, Engel, Völkers Jackson, Cindy Riegel, Christina Assante, Assante, Michael, Asher, Driggs, Riegel, Allison Weibel, Steve Estvanik, Weibel, Vail, Michelle Badger, Redfin, it's, Mack, Keller Williams, Everdawn Charles, Tamara Williams, Kevin Costner's, Todd O'Hair, Montana's, Jackson, Paul Diegel Organizations: Service, Wall Street Journal, Journal, Census Bureau, New York Times, Times, Vail Resorts, Denver, Getty Images, Montana Chamber of Commerce Locations: Driggs , Idaho, Teton County , Idaho, Wyoming, Alta , Wyoming, Driggs, Jackson , Wyoming, Colorado and Montana, Idaho, Alta, Colorado, Vail , Colorado, Denver, Vail, Gypsum , Colorado, Vail —, Breckenridge, Dillon, Frisco, Bozeman , Montana, DianeBentleyRaymond, Getty Images Bozeman, Yellowstone, . Bozeman, Bozeman, Montana, Park City, Aspen

☆ Dallas real estate is a buyer's market, says Keller's Daniel Hunt
▼ + stars: | 2023-09-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDallas real estate is a buyer's market, says Keller's Daniel HuntDaniel Hunt, realtor with Keller Williams, joins 'Power Lunch' to discuss high demand in the Dallas housing market, the impact of high mortgage rates, and more.

Persons: Keller's Daniel Hunt Daniel Hunt, Keller Williams Organizations: Dallas Locations: Dallas

☆ Dayton, Ohio real estate market may be balancing out: Keller Williams Community Partners' Chip James
▼ + stars: | 2023-09-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDayton, Ohio real estate market may be balancing out: Keller Williams Community Partners' Chip JamesChip James, Keller Williams Community Partners realtor and luxury specialist, joins ‘Power Lunch’ to discuss increasing prices in the Dayton real estate market, how buyers are paying for it, and more.

Persons: Keller, James Chip James Organizations: Keller Williams Community Partners Locations: Dayton , Ohio, Dayton

☆ What Happens When Wall Street Buys Most of the Homes on Your Block?
▼ + stars: | 2023-09-16 | by ( Ronda Kaysen | Ella Koeze | ) www.nytimes.com time to read: +21 min

Alvin and Patricia Maisonet bought their house in Bradfield Farms almost a decade ago. Bradfield Farms fit the bill: It is in an area that, in 2020, was 35 percent Black and 11 percent Latino, according to census data. Tarchia Barber chose to rent in Bradfield Farms because of the neighborhood’s rural feel. The RentersTarchia Barber liked the rural feel of Bradfield Farms, with cul-de-sacs and shady streets surrounded by farmland and woods. A school bus drops off students in Bradfield Farms, a quiet neighborhood where parents say their children often roam freely.

Persons: Ronda Kaysen, Ella Koeze, Logan Cyrus Sept, “, Alvin Maisonet, Maisonet, Patricia Maisonet, Joggers, ”, Alvin, Kelli Enos, Cash, can’t, Laurie Goodman, “ Covid, David Howard, Keith R, Madeline Bankson, They’re, Jessica Moreno, Tarchia Barber, Barber, He’d, Nikki Sloup, Sloup, Becky Johnson, didn’t, Johnson, Jesus ”, Greg McBride, Hall, Brandon Little, Keller Williams, Bradfield, “ We’ve, Jade Rahmani, Keefe, “ It’s, ” Mr, Rahmani, Enos, ” Dana Hartness, James M, Hasty, Ms, Lisa Damas, Kasey, Jim Sylvester, Sylvester, Hartness, —, — she’s, Dana Hartness, She’s Organizations: →, HomeRiver, Investor, Vegas, Kansas City, Antonio, Houston, Investors, New York Times, Homeowners, “, Bradfield Farms, Charlotte Airport, NORTH, NORTH CAROLINA, SOUTH, CAROLINA SOUTH, Bradfield, Housing Finance, Center, Urban Institute, National Rental Home, Rentals, Florida State University, Equity, Bankrate.com, Sheree, Nationwide, Facebook, Mecklenburg Police Locations: Ronda, Charlotte, N.C, Bradfield Farms, Bradfield, Paterson , N.J, United States, ATTOM, Atlanta, Phoenix, Memphis, Birmingham, Ala, Orlando, Fla, Jacksonville, Tampa, Kansas, Mo, NORTH CAROLINA, CAROLINA SOUTH CAROLINA, “, American, North Carolina, New Jersey, Peru

☆ A New York Firefighter Left the City for the Long Island Suburbs. Which House Did He Choose?
▼ + stars: | 2023-09-14 | by ( Joyce Cohen | ) www.nytimes.com time to read: +2 min

“It was a run-of-the-mill impoverished neighborhood, and I hated living in tight quarters,” said Mr. Shepherd, 36. “I always knew I wanted to own a home. Mr. Shepherd is currently stationed in Crown Heights. But Mr. Shepherd had a plan. I had a vision, and I knew that paying cheap rent would get me there.”His vision included a suburban house and yard, surrounded by nature.

Persons: Gregory Shepherd, ”, Shepherd, “, Danielle Jernigan, Keller Williams, ” Ms, Jernigan Organizations: Bowling Green State University, New York, Keller Williams NYC Locations: Flatbush, Crown, Brooklyn, Ohio, New York, New, New York City, Crown Heights, Jamaica, Queens, Westchester, Nassau County, Long, Nassau, Suffolk, ”, Hudson

☆ 39-year-old 'frugal' self-made millionaire says these 4 books helped him get rich
▼ + stars: | 2023-08-22 | by ( Jonathan Sanchez | ) www.cnbc.com time to read: +3 min

I invested in real estate, started a small business, and ultimately became a millionaire at age 37. "Rich Dad, Poor Dad," by Robert KiyosakiBiggest lesson: Wealth is more about time than money. This new mindset inspired me to pursue more passive income streams, like my website and real estate business. "The Millionaire Real Estate Investor," by Gary KellerBiggest lesson: Money amplifies who you already are. In "The Millionaire Real Estate Investor," he argues that money doesn't make people evil.

Persons: I've, Rich Dad, Dad, Robert Kiyosaki, Michael E, Gerber, Gary Keller, Keller, Keller Williams, doesn't, Randy Pausch

☆ Mulling Manhattan One-Bedrooms: Prewar Charm or Modern Amenities?
▼ + stars: | 2023-07-06 | by ( Joyce Cohen | ) www.nytimes.com time to read: +2 min

But “we always got super discouraged at how expensive everything was and how little you get for your money,” Ms. Pfeiffer, 50, said. Their budget hovered around $800,000, but “we know ourselves,” Ms. Pfeiffer said. “Our future selves wanted to plan for this possibility,” Ms. Pfeiffer said. An early visit to a high-floor co-op apartment in a charming prewar walk-up reminded them that “going up and down was asking a lot of our bodies, even without carrying groceries, cats, bags, whatever,” Mr. Vogel said. The housing stock was more suitable below 60th Street, so they decided that avoiding congestion pricing wasn’t that important after all.

Persons: Maria Pfeiffer, Jason Vogel, Ms, Pfeiffer, “, Vogel, Christopher Baker, Pfeiffer’s, ” Ms, ”, Mr, Baker Organizations: Keller Williams NYC Locations: Columbia County, Albany, Hudson

☆ An epic fight over how real-estate agents get paid could transform the housing market forever
▼ + stars: | 2023-06-26 | by ( James Rodriguez | ) www.businessinsider.com time to read: +15 min

Trying to find a buyer and sifting through offers sounds like a nightmare, so you hire a real-estate agent. The seller might no longer pay out both agents' commissions after the sale closes. Despite the potentially earthshaking consequences, most local real-estate agents — who, to be fair, have more pressing short-term concerns — have largely ignored the cases. "They not only have to pay a buyer's agent commission, but they can't negotiate that commission," Brobeck said of sellers. "It just doesn't make any sense for the seller to have to pay the buyer's agent," Brobeck told me.

Persons: —, Sitzer, that's, Max, Keller Williams, Sellers, Brokerages, Stephen Brobeck, Brobeck, Moehrl, Wager, Katie Johnson, you'll, Johnson, Buyers, Nicholas Economides, homebuyers, Trump, Everyone's, Rob Hahn, Steve Marcus, David Eisenstadt, Eisenstadt, Hahn, James Rodriguez Organizations: National Association of Realtors, NAR, Realtors, MLS, Consumer Federation of America, New York University, CFA, Realtor.com, REUTERS, Berkeley Research Group, Justice Department's Antitrust Locations: America, Missouri, Illinois, MLSs, Houston , Texas, Australia, Netherlands, United Kingdom

☆ Seeking an Upper West Side Home That the Children Want to Visit
▼ + stars: | 2023-06-08 | by ( Joyce Cohen | ) www.nytimes.com time to read: +3 min

Her two oldest children were living in New York, while her two youngest were still in college. As the pandemic raged, Ms. Snyder and her daughter shared a two-bedroom in a high-rise on Riverside Boulevard. But “the process of looking teaches you what you want,” Ms. Snyder said. “Or instead of a 10-by-12 living room, it was a 14-by-12 living-and-dining room,” with little room for a table. “It is a draw for my kids,” Ms. Snyder said.

Persons: Barbara Snyder, Snyder, Joe Pigott, “ Joe, ” Ms, “, . Pigott, Ms, Mr, Pigott, ”, Jenny Bryant, Keller, Bryant Organizations: Upper, Riverside, Youth Sports Foundation, Keller Williams NYC Locations: Princeton, N.J, New York, Stamford, Conn, New York City

CNN —The recovery of wreckage from a private plane that crashed Sunday in Virginia, killing all four people onboard, after its pilot became unresponsive is expected to begin Tuesday. The unresponsive aircraft prompted the deployment of six fighter jets as it flew near Washington, DC, officials said. Six F-16s were launched from three bases and raced to intercept the private plane, White House National Security Council Coordinator for Strategic Communications John Kirby said Monday. Investigators are now examining the private plane’s autopilot function in the Virginia crash, a source familiar with the investigation said. Correction: An earlier version of this story gave the wrong source for information about the course taken by the private plane.

Persons: there’s, ” Adam Gerhardt, Gerhardt, John Rumpel, Barbara, Adina Azarian, Aria Azarian, Adina Azarian's, Facebook Rumpel, Rumpel, Jeff Hefner, Strategic Communications John Kirby, Randall K, Payne Stewart, Stewart, ”, Keller Williams, Lakhinder, Azarian, ” “ Adina, ” Keller Williams, Dan Newlin Hefner, Hefner, “, Dan Newlin, ” Hefner, Newlin Organizations: CNN, National Transportation Safety, Cessna, NTSB, Encore Motors, Washington Post, FAA, MacArthur, NORAD, National Security, Strategic Communications, Authorities, Washington, Southwest Airlines, Network, Continental, American Aerospace Defense Command, US Capitol Police Locations: Virginia, Washington, DC, Waynesboro , Virginia, Delaware, East Hampton , New York, Tennessee, Elizabethton , Tennessee, Aberdeen , South Dakota, Florida, Texas, NYC, ” Keller Williams ’, York, Continental US

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