Independent brokerages lead early support for Open Real Estate

A new pricing model for seller leads The differentiator is how agents pay. Rather than surrendering a commission slice on closed deals, Zillow’s model charges agents up to 40% of their commission on referred leads, while KBB Homes operates on a subscription. Agents pay a monthly fee to capture 25%, 50%, or 100% of incoming seller…

The number of rooms for lodgers in properties with live-in landlords dipped by 1.4% in the third quarter compared to the same period last year, but this type of room rental still accounts for 29% of the flatshare market. Research by SpareRoom found that rooms in homes with live-in landlords are normally cheaper than rooms…

The regulator’s announcement did not describe the conduct in question. It also did not say which licence level Angelidis holds, which brokerage authorized her, or when a hearing might take place. Suitability under scrutiny The case fits a broader push by FSRA to police who is fit to hold a licence. When it released its…

National Bank of Canada recorded its strongest quarter for mortgage originations as growth through its branch and broker channels pushed residential balances sharply higher. The bank’s residential mortgage portfolio reached $89 billion at the end of the fiscal third quarter, up 14% from $78.1 billion a year earlier. Its HELOC portfolio grew 12% to $34.5…

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