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Are the legal risks of private listing networks real?

Housing Wire

And while most of the talking points espoused on both sides of the debate remain fairly consistent, those who are in favor of the policy have recently started to claim that an agent who doesnt list their sellers properties on the MLS may be exposing themselves to legal liability. There really needs to be disclosures. Restraint on trade?

Legal 367
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Is Alabama’s buyer representation bill a legal protection or liability?

Housing Wire

While Alabama-based brokerage leader Anna-Marie Ellison said she supports the state associations efforts, she also said her agents have not expressed concerns about signing a buyer representation agreement prior to touring a house with a prospective client. And that is positive. And thats where we want to get that part right, Walker added.

Legal 383
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Taking Foreclosures Beyond Judicial and Non-Judicial Actions

Appraisal Buzz

The Five Star Institutes Legal League has announced the launch of its latest White Paper, Non-Uniform Foreclosures. Legal League is a professional association of financial services law firms spread out across the U.S. The Legal League is uniquely positioned to drive progress in the mortgage servicing industry. Hladik Esq.

Legal 435
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Incenter Adds New Chief Legal Counsel

Appraisal Buzz

Incenter Lender Services Chief Legal Counsel Kathleen Dutill Kathleen Dutill , an experienced mortgage industry attorney, has joined Incenter Lender Services as Chief Legal Counsel. It’s exciting to work with people with a common vision, and to have a meaningful role in moving our clients forward.”

Legal 390
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EXCLUSIVE: Compass clients signal legal action against NWMLS

Inman

A new website soliciting plaintiffs for a possible class-action suit against the Washington MLS asks homeowners if they've sold in the state and seen "a price drop or significant days on market."

Legal 158
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Van Ness and Diaz Reelected to Legal League’s Advisory Council

Appraisal Buzz

Legal League , the premier professional association of financial services law firms in the U.S. Anthony Van Ness , Founder and Managing Partner of Van Ness Law Firm, and Roy Diaz , Managing Shareholder of Diaz Anselmo & Associates PA have been reelected to the Legal League’s Advisory Council.

Legal 397
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Real estate teams get most deals from their ‘sphere of influence’

Housing Wire

But the survey results also show that so-called sphere-of-influence (SOI) leads — those generated through relationships with friends, family and former clients — are often neglected and underinvested in. Legally speaking, most teams are either an LLC (38.9%) or an S-Corp (34.6%), while 15.7% are not a legal entity.