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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 374
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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 388
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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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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

Much like lawyers needing to take a separate bar exam in each state they wish to practice in, real estate agents’ training and licensing requirements vary by state. Arguably, one of the most important functions of a real estate agent is to guide and be a subject matter expert to clients through the buying and selling processes.

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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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Thinking of joining a real estate team? Here’s everything you should know

Housing Wire

This is an experienced agent or broker who provides leads, training, mentorship, support and other resources for the team members. However, most teams are built with the same objectives playing to each individuals strengths to provide top-tier service to their clients. Every team member brings a particular skill set to the table.

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Understanding the Surge in Title Fraud—And How to Prevent It

Appraisal Buzz

Fortunately, there are ways to detect deed fraud attempts early, but mortgage professionals need to be well-informed to protect themselves and their clients. In some cases, AI and other digital tools have also been used to create convincing forgeries of documents or to automate the process of generating fake deeds and other legal documents.

Legal 397