Housing Wire

JANUARY 27, 2025

The National Association of Realtors (NAR) and News Corp., along with several of its subsidiaries such as Move , Realtors Information Network and OpCity , are looking to have the Bandy fraud suit dismissed. and Realtors Information Network, Inc., Filed in U.S. the filing states.

Realtors 376

Realtors Legal Law Real Estate 376

Housing Wire

MAY 3, 2024

Earlier this week, Zillow launched a new “touring agreement,” a nonexclusive contract for buyers and agents to use for home tours. While many in the industry have been intrigued by Zillow’s new pilot program, Virginia Realtors is taking a tougher stand. According to Laura M.

Legal 379

Legal Realtors Law Real Estate 379

Housing Wire

OCTOBER 23, 2023

Just prior to the plaintiffs resting their case late Monday afternoon, HomeServices of America , one of the three remaining defendants in the commission lawsuit , filed a motion for judgment as a matter of law. In addition, the contract stipulated that agents must join their local Realtor association.

Law 459

Law Agents Realtors Contracts 459

Housing Wire

JANUARY 30, 2025

In its filing, BHE a subsidiary of Warren Buffetts Berkshire Hathaway denied any liability and the plaintiffs’ allegations that it violated federal antitrust laws. Hanna Holdings and Crye-Leike also claimed that the National Association of Realtors (NAR) commission lawsuit settlement agreement bars the plaintiffs’ claims.

Real Estate 322

Real Estate Real Estate Agent Brokerage Law 322

Housing Wire

NOVEMBER 1, 2024

PRO TIP You may see the terms “real estate agent” and “Realtor” used interchangeably. While a Realtor is indeed an agent, the term doesn’t work both ways. To be a Realtor, an agent must be a member of the National Association of Realtors® (NAR). This course covers real estate law, contracts, finance and ethics.

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

FEBRUARY 14, 2025

When the Department of Justice (DOJ) came out in opposition of buyer representation agreements as they are defined in the National Association of Realtors (NAR) commission lawsuit settlement agreement, Alabama Association of Realtors took notice. Despite the DOJs filing, Judge Stephen R.

Realtors 221

Realtors Law Buyers Contracts 221

Inman

SEPTEMBER 30, 2024

University of Buffalo contracts law professor Tanya Monestier's sample form makes clear the buyer is on the hook for buyer broker compensation so long as they successfully close a deal.

Contracts 190

Contracts Law Buyers Realtors 190

Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

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Buyers Contracts Agents Realtors 480

Housing Wire

APRIL 17, 2024

In a writ of certiorari filed in early February, HomeServices told the Supreme Court that each of its client contracts state that the “signatories can arbitrate any claim or dispute arising out of the contract.” There is no dispute that the plaintiffs agreed to contracts that include mandatory arbitration provisions.

Contracts 448

Contracts Brokerage Law Real Estate Agent 448

Housing Wire

MARCH 22, 2024

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement. As of Jan.

Buyers 497

Buyers Contracts Real Estate Agents 497

Housing Wire

AUGUST 29, 2024

Many state Realtor associations’ new forms —such as buyer representation agreements—are largely incomprehensible to the average homebuyer or seller and have language that seeks to avoid the terms of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement , according to a report released earlier this month.

Buyers 448

Buyers Realtors Agents Sellers 448

Inman

MARCH 24, 2025

Alabama Association of Realtors CEO Jeremy Walker said the association was in favor of buyer-broker agreements in general, but felt that requiring one for a home tour put buyers under unnecessary duress, and that the new law would be in the consumer's best interest.

Law 148

Law Buyers Contracts Realtors 148

Housing Wire

FEBRUARY 5, 2024

In late October 2023, a Missouri jury found HomeServices of America, as well as Keller Williams and the National Association of Realtors , liable for colluding to artificially inflate real estate agent commissions. There is no dispute that the plaintiffs agreed to contracts that include mandatory arbitration provisions.

Contracts 435

Contracts Brokerage Law Real Estate Agent 435

Housing Wire

NOVEMBER 16, 2023

For decades, disruptors and innovators in the residential real estate industry have been trying to chip away at the near monopoly that Realtors have had over home sales. The monumental verdict in the Sitzer/Burnett commission lawsuit trial may finally be the giant-killing blow against the National Association of Realtors (NAR).

Realtors 448

Realtors Contracts Real Estate Agents 448

Housing Wire

AUGUST 1, 2024

With just over two weeks to go until the National Association of Realtors’ (NAR) commission lawsuit settlement agreement will require agents to have a signed buyer representation agreement prior to taking a client on a home tour, Zillow has released 24 state-specific versions of the touring agreement it released roughly three months ago.

Agents 459

Agents Realtors Buyers Law 459

Housing Wire

MARCH 28, 2024

Originally filed in March 2019, the Moehrl lawsuit alleges that real estate industry participants including HomeServices, the National Association of Realtors (NAR), Anywhere , RE/MAX and Keller Williams conspired to artificially inflate real estate agent commissions. The suit obtained class certification in March 2023.

Real Estate Agent 458

Real Estate Agent Realtors Real Estate Sellers 458

Housing Wire

AUGUST 26, 2024

The National Association of Realtors (NAR) is facing yet another lawsuit. The complaint takes no issue with how the data was obtained, claiming that the defendants obtained the data in lawful manner in compliance with privacy laws. The suit claims that NAR, along with Move Inc., Move Sales , OpCity Acquisitions , OpCity Inc.

Real Estate Agent 514

Real Estate Agent Real Estate Law Agents 514

Housing Wire

APRIL 30, 2024

As the July deadline for the implementation of the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement approaches, the trade organization is looking to iron out some details about buyer broker agreements.

Buyers 488

Buyers Open Houses Sellers Agents 488

Housing Wire

MARCH 27, 2024

Rule 23(b)(3) requires that the court “find that ‘questions of law or fact common to class members predominate over any questions affecting only individual members,’ and that a class action is the ‘superior’ method of adjudication of the controversy. The Eighth Circuit refused this request. Supreme Court , which it filed in early February.

Law 459

Law Sellers Realtors Contracts 459

Inman

AUGUST 27, 2024

In a new report, University of Buffalo contracts law professor Tanya Monestier details ways in which contracts allow buyer agents to collect more compensation than agreed-to with the buyer.

Law 193

Law Contracts Buyers Agents 193

Housing Wire

AUGUST 19, 2024

.” CFA has long maintained that coupled commissions (where sellers split commissions between the seller’s and the buyer’s broker) have allowed Realtors to set prices, overcharging all home buyers and sellers tens of billions of dollars each year. Regrettably, the HousingWire piece completely ignores this fact.

Real Estate 459

Real Estate Sellers Buyers Agents 459

Housing Wire

FEBRUARY 27, 2024

Like the other commission lawsuits, the Umpa suit alleges that the National Association of Realtors (NAR) and more than a dozen other real estate industry firms have colluded to artificially inflate agent commissions. In the Umpa suit — which is seeking class-action status for everyone in the U.S. No class can be certified in this scenario.”

Realty 448

Realty Real Estate Law Brokerage 448

Housing Wire

OCTOBER 7, 2024

The agreement allows a broker to own the listing contract, but REcolorado will own the listing’s record, potentially giving REcolorado the right to deny an agent’s ability to download and sell their listings. But the drama around the situation could be just beginning. But the drama around the situation could be just beginning.

Brokerage 476

Brokerage Real Estate Realtors Agents 476

Housing Wire

MARCH 19, 2024

million in funds that resulted from the settlement agreements reached by Anywhere , RE/MAX , Keller Williams and the National Association of Realtors (NAR). The appeals court said that this was because the contracts signed by the sellers were not directly signed by HomeServices. The plaintiffs then subtracted the $626.5

Sellers 447

Sellers Realtors Law Contracts 447

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Real Estate 435

Real Estate Insurance Law Real Estate Agent 435

Housing Wire

MARCH 26, 2025

The National Association of Realtors reports that online real estate conversion rates are between 0.4% Tip 3 – Create collateral to leave behind Example door hangers from Coffee and Contracts Collateral refers to tangible marketing materials, and you want to have a bunch to leave behind when youre knocking on doors.

Real Estate 368

Real Estate Real Estate Agent Agents Clients 368

Housing Wire

AUGUST 1, 2024

Like the athletes in Paris, Realtors and brokers across the U.S. 17, the date on which the terms of the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement are set to go into effect. have been busy training and preparing to be ready for Aug.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Business 448

Housing Wire

OCTOBER 20, 2023

During their testimony, attorneys for the defendants, which now include National Association of Realtors , Keller Williams and HomeServices of America , had the opportunity, if they wished, to cross-examine the witnesses in addition to the questions posed by Michael Ketchmark, the lead attorney for the plaintiffs.

Contracts 435

Contracts Agents Buyers Real Estate 435

Housing Wire

JANUARY 31, 2025

Just a few years later, I was breaking sales records, and at age 27, I was on the cover of Realtor Magazines 30 Under 30. Colorado requires new Realtors to pass both a national and state real estate exam. It inspired me to get my real estate license and pursue a career in real estate.

Real Estate 338

Real Estate Brokerage Insurance Legal 338

Housing Wire

AUGUST 25, 2024

Agently Brokerage pricing: $459 per month for up to 20 users Contract required: None Integrations: Follow Up Boss, Sierra Interactive, kvCORE, Chime Agently is a gamified agent productivity app that simplifies agent onboarding, accountability and training to help agents stay motivated to hit sales goals. Here are our three top picks for 2024.

Real Estate 435

Real Estate Brokerage Contracts Training 435

Housing Wire

MARCH 7, 2022

said Hoepen, the Compass agent who writes the “Crypto News for Realtors” newsletter. In a forthcoming paper for Florida Law Review, law professors Juliet Moringiello at Widener University Commonwealth and Christopher Odinet at the University of Iowa studied NFTs potential in real estate. That could be a solution.

Real Estate 501

Real Estate Law Inspection Agents 501

Housing Wire

OCTOBER 3, 2023

Compound that with the many sexual harassment and incompetency claims recently leveled against the National Association of Realtors (NAR) , and the confusion is understandable. Even though the form, the law and the standard has been around for many years, few engage with it simply out of fear. But you do so at your own risk.

Agents 435

Agents Training Buyers Law 435

Housing Wire

MARCH 29, 2024

The association notes in the draft of its proposed brief that its interest in the “proposed settlement stems from the fact, as DOJ highlights, that “several pending cases” are adjudicating MLSs’ adoption of the mandatory-compensation rule of the National Association of Realtors or similar policies.”

Sellers 459

Sellers Real Estate Buyers Contracts 459

Housing Wire

AUGUST 14, 2024

But these listing-only agents are still having to adjust their practices to conform with the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement that goes into effect on Saturday. “We He sees his role in the transaction as simply ensuring the seller stays in compliance with laws and regulations.

Agents 448

Agents Sellers Buyers Contracts 448

Housing Wire

NOVEMBER 30, 2023

Illinois REALTORS Best Illinois real estate school for accommodating different learning styles Overall Rating: 4.2 Unlike other real estate schools, Illinois REALTORS is also the only advocate for private property rights at the state capitol in Springfield, Illinois, and in communities across the state. out of 5 stars Rating: 4.5

Real Estate 448

Real Estate Realtors Real Estate Agent Law 448

Housing Wire

AUGUST 1, 2024

As brokerage firms fine tune how to handle the business practice changes outlined in the terms of the National Association of Realtors’ nationwide commission lawsuit settlement agreement , which are set to go into effect on August 17 , many are focusing on how their agents will handle compensation on both the buy-side and the sell-side.

Sellers 448

Sellers Buyers Agents Law 448

Housing Wire

OCTOBER 22, 2023

Currently, there are about 154,113 Realtors ® in Texas, according to the National Association of Realtors. You are required by law to get your fingerprints taken, have them on file with the Texas Department of Public Safety (DPS), and pass the subsequent background check. Did you know?

Real Estate 435

Real Estate Real Estate Agent Agents Brokerage 435