Remove 2015 Remove Sellers Remove Training
article thumbnail

“Collusion,” agent training are the focus on day three of the Sitzer/Burnett trial

Housing Wire

The third day of the highly consequential Sitzer/Burnett class action buyer broker commission lawsuit included a deep dive into the training materials used by various brokerages and the testimony of three of the named plaintiffs. Gorman was also questioned about the training materials used at Anywhere Brands. Co-opetition.’”

Training 412
article thumbnail

Payload partners with PDS to integrate SoftPro

Housing Wire

The integration also aims to tackle the payment procedure during a real estate closing, in which several parties receive payments through sources like broker/agent commissions, underwriter fees, title search fees, taxes, payoffs and seller proceeds. According to the Federal Trade Commission (FTC), check fraud has increased by 65% since 2015.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Judge denies HomeServices’ motion for ‘judgment as a matter of law’ in Sitzer suit

Housing Wire

During plaintiff lead attorney Michael Ketchmark’s cross examination of Warner, he presented her with some statistics showing that HomeServices affiliated agents in four Missouri markets paid buyer broker commissions of roughly 3% in at least 88% of the transactions completed between 2015 and 2022. They were not set commissions,” Wilson said.

Law 382
article thumbnail

How scammers are using AI to commit new fraud in real estate

Housing Wire

Editor in Chief Sarah Wheeler sat down with Tom Cronkright, co-founder and executive chairman of CertifID and CEO of Sun Title , to talk about battling the latest frauds and scams as bad actors leverage a new arsenal of tech tools to wreak havoc on buyers and sellers of real estate. And the seller net proceeds continue to be a target.

article thumbnail

The hybrid appraisal is here. Who benefits?

Housing Wire

The company, which employs about 17 people, was founded in 2015, and is one of those approved to provide the Freddie Mac data report for its new remote inspection program. The seller accepts it; they go into contract. Freddie Mac requires data collectors to be trained, but that training need not be in person.

Appraisal 434
article thumbnail

Have you clearly defined your brokerage’s value proposition?

Housing Wire

In 2015, according to RealTrends data, gross margins were at 16.4% But we think that leading brokerage companies, or market-share leaders, will need to incorporate and embed these services in their everyday offerings to buyers and sellers,” Murray said. With that, comes a whole new level of skill, implementation and training.

Brokerage 380
article thumbnail

Shane Bronson Promoted to Regional Vice President – Florida

Lamacchia Realty

He has also assisted with some of the intricacies and remaining finite details that were involved in converting the company from a team model to a brokerage model, a process that began in 2015. Lamacchia Realty has been serving buyers and sellers since 2006.

Realty 74