Housing Wire

OCTOBER 7, 2024

MV Realty is facing more legal action, this time in Minnesota. Additionally, the suit claims that Zachman, who signed many of the agreements for MV Realty in Minnesota, “lacked proper Minnesota licensure to do so, and that every contract and every sale failed to comply with Minnesota’s Home Solicitation Sales Act.”

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Housing Wire

FEBRUARY 29, 2024

In the filing, the parties wrote that they “dispute the factual and legal arguments made in the DOJ’s Statement of Interest.” While Saris has yet to rule on the matter, the parties asked for a March 28, 2024, filing deadline if the motion is granted.

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Contracts Legal Sellers Buyers 351

Housing Wire

SEPTEMBER 16, 2024

Keller Williams ‘ legal worries just got a little lighter. In an email, Keller Williams confirmed that this agreement settles all of the breach-of-contract lawsuits filed against it by attorneys at the law firm of Humphrey, Farrington & McClain PC. The changes had been slated to go into effect in July 2024.

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Brokerage Legal Design Agents 364

Housing Wire

APRIL 23, 2024

2024 is that year! CE bundles price range: $299 to $799 Visit Kaplan 4 best real estate continuing education schools for 2024 Top Pick Colibri Real Estate Education ENROLL NOW & SAVE 30% Use HousingWire 30 at checkout Colibri offers real estate CE courses in all 50 states and Washington DC, with customized online bundles available.

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Real Estate Agents Best Value Design 380

Housing Wire

OCTOBER 3, 2024

What began as a legal battle between two companies that previously worked together on a Keller Williams technology platform has recently expanded to include industry veteran Josh Team. In January 2024, he was named president of SERHANT. Team did not immediately respond to a request for comment from HousingWire.

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Contracts Legal Technology Real Estate 317

Housing Wire

DECEMBER 26, 2023

And the school’s practice tests, contract workshops, and other tools are designed to ensure confidence as you begin your career. Topics include basic real estate practices & principles, real estate law, financing, brokerage, contracts, closings + more Required 30 hrs of post-licensing coursework. Includes The Adventure Guide book.

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Real Estate Real Estate Agent Design Law 357

Housing Wire

JUNE 24, 2024

Chris Clow/RMD: In terms of the health of the industry, where we are at the midpoint of 2024, and considering some of the doom and gloom that might have been predicted at the end of last year, how do you think the industry at large is doing? At the end of last year and the beginning of this year, we were anticipating three rate cuts in 2024.

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Mortgage Legal Business Investing 253

Housing Wire

APRIL 9, 2024

In the past few weeks, seven agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, and Penny Alper — took legal action against the real estate brokerage by filing seven separate class-action lawsuits.

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Brokerage Agents Legal Real Estate 399

Housing Wire

APRIL 15, 2024

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey.

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Inventory Agents Real Estate Sellers 364

Housing Wire

MARCH 22, 2024

1, 2024 , Washington state’s agency law requires agents to have a written agreement with buyers (as well as sellers) to spell out the exact scope of the services provided by the agent, as well as the compensation the client has agreed to pay them in return. As of Jan.

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Buyers Contracts Real Estate Agents 467

Housing Wire

NOVEMBER 1, 2024

citizen or legal resident and be 18 years of age or older. This course covers real estate law, contracts, finance and ethics. Related articles Free real estate practice exam + 7 study hacks to ace the real estate exam The best real estate companies to work for in 2024 (+ beyond) What is a real estate broker?

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Real Estate Real Estate Agent Agents Brokerage 422

Housing Wire

JANUARY 11, 2024

TCB’s contract with RMF and the bankruptcy court order also expressly stated that TCB’s right to a lien was subject to GNMA’s extinguishment rights.” District Court for the District of Delaware. Ultimately, the victims of Ginnie Mae’s unlawful action will be the seniors who rely on the reverse mortgage program to pay basic expenses.”

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Lending Government Legal Law 367

Housing Wire

NOVEMBER 7, 2023

million since the second quarter due to lower salaries and benefits resulting from reduced headcount and legal expenses. In the quarter, the company also accrued $2 million of legal expenses related to the expected settlement of outstanding litigation. The company expects to achieve most of the savings by the end of Q1 2024.

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Housing Wire

DECEMBER 13, 2024

Given the Department of Justice s ongoing legal battle with the National Association of Realtors (NAR), Sue Yannaccone the president and CEO of Anywhere Brands and Anywhere Advisors knows that the legal landscape for real estate in 2025 will continue to be a challenge. I love being as close as I can to the boots on the ground.

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Legal Brokerage Real Estate Agents 283

Housing Wire

APRIL 4, 2024

Davis — took legal action against the real estate brokerage by filing six separate class-action lawsuits. Alper’s complaint challenges adjustments made to Keller Williams’ profit-sharing program and includes charges of breach of contract, declaratory judgment and unjust enrichment. Moulder, David L. Bueker, Robert E.

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Brokerage Legal Agents Contracts 319

Housing Wire

OCTOBER 28, 2024

The filing also takes aim at the touring and showing agreements some brokers and agents are initially using with buyers before they enter into a more formal contract. She expanded on this in her legal objection. “If 26, 2024. Meanwhile, attorneys will pocket a third of a billion dollars.” Judge Stephen R.

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Business Sellers Realtors Buyers 411

Housing Wire

AUGUST 2, 2024

A new sponsored episode of the HousingWire Daily podcast — hosted live from the 2024 HousingWire AI Summit — features Editor in Chief Sarah Wheeler in conversation with CoreLogic data experts Amy Gromowski and Anand Singh. CoreLogic ensures that its data is used under the proper legal contracts and obligations. Risk factors.

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Real Estate Clients Tools Development 379

Housing Wire

MAY 13, 2024

Mortgage Insurers — sent a letter on Monday to the Federal Housing Finance Agency (FHFA) to express concerns about the FHFA’s intent to publish the VantageScore 4.0 historical dataset. The VantageScore dataset that is scheduled to be made available includes information going back to 2013, which is not far enough, the groups assert.

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Housing Wire

JULY 26, 2024

However, an agent can help suggest a fair market value, draw up contracts, review documents, and ensure state-required protocols are followed. You might also consult a real estate attorney for contracts and tax implications that accompany a home sale. Closing costs are typically 3% to 6% of the purchase price.

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Market Value Real Estate Agent Real Estate Finance 364

Housing Wire

MARCH 12, 2024

loanDepot greatly reduced its costs in 2023 while revenues were in free fall amid a contracting market. Operationally, loanDepot entered 2024 by dealing with a cyberattack that brought its systems down and a forecast for market conditions to improve. Company executives project first-quarter 2024 volume of $3.5 Through Feb.

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Housing Wire

APRIL 24, 2024

million in the first quarter of 2024, the California -based multichannel lender and servicer announced Wednesday. Legal troubles with Black Knight contributed to the loss in Q4 2023. million in damages tied to a breach of contract claim in a four-year dispute involving the companies. That was less than the $38.1

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Lending Legal Contracts Mortgage 370

Housing Wire

FEBRUARY 22, 2024

This way it is all part of the sales contract, and the buyer doesn’t have to come out of pocket to actually pay the broker, just like it is today,” Tozer said. “In Additionally, the judge overseeing the Sitzer/Burnett trial could use the statement to guide his final ruling, which is expected in May 2024.

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Sellers Buyers Real Estate Agents 424

Housing Wire

FEBRUARY 2, 2024

A legal battle impacted fourth-quarter earnings. million in damages related to a breach of contract claim in a four-year dispute involving the companies. Spector said the expectation is for volumes in the market overall to recover in 2024, based on forecasts of interest rate reductions later this year.

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Technology Legal Mortgage Contracts 337

Housing Wire

MAY 1, 2024

On Wednesday evening, during the firm’s Q1 2024 earnings call with investor and analysts, CEO Rich Barton took a contrary view: Zillow is just beginning to unlock its revenue generating potential. “In In a hostile housing market and a noisy industry environment, why is Zillow outperforming?”

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Real Estate Agents Contracts Real Estate Agent 340

Housing Wire

MARCH 28, 2024

In November 2023, Wood indicated that the trial would take place in the fourth quarter of 2024 , but the status report findings appear to change the timeline. The appeals court said that this was because the contracts signed by the sellers were not directly signed by HomeServices.

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Real Estate Agent Realtors Real Estate Sellers 336

Housing Wire

MARCH 28, 2024

In fact, if you were to describe the home-buying experience solely upon the things we see in advertisements, the home-buying process would end with the sales contract, and all parties would merrily proceed directly to the handing over of the keys. Real estate will look different in 2030, perhaps even in 2024.

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HOA Property Management Real Estate Agent Technology 410

Housing Wire

NOVEMBER 3, 2023

In fact, I’m not even sure that Redfin does not renew its Realtor membership for 2024, because they kind of have to.” “In about half the U.S., It’s impossible to be an agent if you can’t see which homes are for sale, or unlock the door to those homes, or even write an offer.” 2 edition of his NotoriousROB email newsletter. “In

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Realtors Agents Contracts Brokerage 402

Housing Wire

FEBRUARY 16, 2024

The settlement agreements reached by Anywhere and RE/MAX with the Nosalek, Sitzer/Burnett and Moehrl plaintiffs have been preliminarily approved by Judge Stephen Bough, who oversaw the Sitzer/Burnett trial, and are awaiting their final approval hearing , which is set for May 2024.

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Sellers Buyers Real Estate Contracts 435

Housing Wire

MAY 10, 2024

In February 2024, which is the most recent time frame available, NAR’s membership numbers dipped below 1.5 represent an entity in which the REALTOR(R) or member of their immediate family has a legal interest.” represent an entity in which the REALTOR(R) or member of their immediate family has a legal interest.”

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Realtors Finance Agents Legal 296

Housing Wire

JULY 30, 2024

The OCMBC counterclaim brings eight counts, including defamation, breach of contract, fraud and unfair business practices. But in May 2024, he resigned from HMAC “without prior notice,” the complaint stated. (HMAC), wholesale lender OCMBC Inc. dba Jet Advantage Mortgage, and Jet Alliance’s wrongful conduct with blatant misdirection.”

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Sellers Business Contracts Mortgage 310

Housing Wire

MARCH 27, 2024

HomeServices of America first filed its motion to decertify the class in early January 2024. The appeals court said that this was because the contracts signed by the sellers were not directly signed by HomeServices. In a filing, Judge Stephen Bough, who oversaw the Sitzer/Burnett trial in Oct.

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Law Sellers Realtors Contracts 347

Housing Wire

JULY 18, 2024

His contract was terminated on Jan. CoStar welcomes the chance to litigate this case on the merits, where Realtor.com and Mr. [Damian] Eales [Realtor.com’s CEO] will no longer be able to hide behind press-statements dressed up as legal arguments.” According to Move, Kaminsky’s final day of employment at the company was Jan.

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Legal Contracts Construction Development 295

Housing Wire

JUNE 17, 2024

According to Inside Mortgage Finance (IMF) estimates, Chicago-based Guarantee Rate was the ninth-largest mortgage lender in the country in the first quarter of 2024. Some sources said they were afraid of legal pushback. The company did not immediately respond to HousingWire’s request for comment.

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Human Resources Law Loan Officers Legal 326

Housing Wire

AUGUST 19, 2024

In the suit, Move alleges that in January 2024, Kaminsky — who was laid off from Realtor.com, where he led the company’s “News & Insights” team for nearly a decade — stole trade secrets from his former employer to help fuel the rapid growth of CoStar’s Homes.com, where he was hired in March 2024.

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Real Estate Business Law Contracts 342

Housing Wire

NOVEMBER 22, 2023

In fact, if you were to describe the home buying experience solely upon the things we see in advertisements, the process would end with the sales contract and all parties would merrily proceed directly to the handing over of the keys. Real estate will look different in 2030, perhaps even in 2024. in question.

HOA 398

HOA Real Estate Agent Technology Real Estate 398

Housing Wire

APRIL 22, 2024

Photo Credit: AJ Canaria) Between inflation , an uncertain interest rate environment and legal challenges , the real estate industry is facing unprecedented challenges. We want to go as deep as we can to understand the individual accounting that is occurring and the independent contractor contracts.” My advice is to start simple. “You

Brokerage 346

Brokerage Real Estate Agents Sellers 346

Housing Wire

APRIL 5, 2024

The date for the final approval hearing for the settlement agreements in this suit is set for May 9, 2024. The appeals court said that this was because the contracts signed by the sellers were not directly signed by HomeServices.

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Brokerage Sellers Law Contracts 355