Average Bradford home sold for $1.1 million last month: Realtors

Simcoe County’s housing market is moving on up — just ask many local real-estate professionals.

The Barrie and District Association of Realtors (BDAR) has released its latest set of monthly statistics, which show 557 residential units were sold across the county in February, up 37.5 per cent compared to the same month last year. Sale prices also hit $839,675, up 3.4 per cent over that time.

There were 1,283 new listings across Simcoe, down 17.1 per cent from February 2023. The number of active listings also decreased by 6.3 per cent to 1,424.

In Innisfil specifically, there were 54 units

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Lawsuit against giant realtor agency may impact local homebuyers

The settlement clearly states NAR’s denial of any wrongdoing regarding the multiple listing service, or MLS module rule introduced in the 1990’s.

ALLENDALE, Mich — The National Association of Realtors (NAR) has reached an agreement to pay half a billion dollars to sellers over four years after a lawsuit alleged policies helped to set agent commissions by enforcing inflating costs from homeowners.

Geoff Brown, owner and broker of Gateway Group Real Estate, has owned his real estate agency for nearly a decade. He said with his expertise, he wanted to share with the public his side of what will impact

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House hunters in tough spot after Realtors’ commission settlement – ​​Orange County Register

The National Association of Realtors’ legal settlement upends the traditional model of sellers paying for the buyer’s agent in a home purchase.

The agreement has the potential to save home sellers billions of dollars every year, but could also complicate purchases for buyers.

The NAR, the largest trade group representing residential real estate agents, agreed to pay $418 million over four years to settle claims that the group and its members engaged in uncompetitive practices that forced sellers to compensate agents who brought buyers to the closing table.

“There are valid positions on both sides, and this is the way

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Florida Realtors’ Tech Helpline Adds Over 20,000 New Members in the Last 90 Days

Delivers tech support to five new organizations, now serving over 750,000 Realtors

ORLANDO, Fla., March 20, 2024 /PRNewswire/ — Tech Helpline, real estate’s No. 1 tech support service, reports a growth surge. In the last 90 days, Tech Helpline has added five more Realtor organizations with over 20,000 members, including the Kentucky REALTORS® and the Greater Philadelphia Association of REALTORS®.

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The National Association of Realtors settlement won’t change the Colorado mountain housing markets as much as you’d think

Tripp Fay/Summit Daily News
Homes sit above the Dillon Reservoir in Summit County on Sunday, Sept. 3, 2023. In mountain resort communities, average home prices hover in the multimillions, driven largely by an imbalance of supply and demand, a deficit of affordable housing and a high net worth buying pool.
Tripp Fay/Summit Daily News

A landmark settlement announced last week that could change how the National Association of Realtors handles real estate transactions has sparked headlines about potential price drops in the US housing market.

But in virtually all cases, the impacts on housing costs will be driven by market forces of supply and

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Local experts weigh in on proposed National Association of Realtors settlement impacts

COLLEGE STATION, Texas (KBTX) – The National Association of Realtors accepted a $418 million settlement covering claims of antitrust violations.

However, the settlement isn’t finalized just yet. Before any changes affect the market, the US Department of Justice and the courts also have to accept the terms of the settlement, according to realtor Raylene Lewis.

Lewis said her office is already fielding calls from homebuyers about the possible impacts of the proposed settlement.

According to her, buyers have expressed concerns about the settlement possibly leading them to pay more than expected.

“They’re wondering if they’re going to have a whole

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Sydney real estate agent accidentally burned down home ahead of open house

A real estate agent accidentally burned a multi-million dollar property to the ground while preparing for an open house, with her employer ordered to pay more than $850,000 in damages.

Sydney real estate agent Julie Bundock was preparing for an open house at a four-bed home on Sydney’s northern beaches when she noticed the current renters of the house had left some bedding on the deck to dry.

She removed the sheets and threw them in a downstairs room onto a shelf below a light, which she then switched on.

About 20 minutes later a major fire broke out in

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Lowcountry realtors react to proposed national real estate settlement

CHARLESTON, SC (WCSC) – A proposed multi-million-dollar settlement with the National Association of Realtors is getting Lowcountry real estate agents talking about how this will impact their businesses and the home-buying process.

Some agents say it is not going to change so much for the average real estate agent and how they do business. But what will change is how the average home buyer might go about getting representation for when they want to buy a home.

This is because it might cost a buyer more in commission fees than before.

Lee Allen, managing broker at Corcoran HM Properties, says

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