Housing Wire

OCTOBER 23, 2023

A judgment as a matter of law is permissible if there is no legally sufficient basis for a reasonable jury to find for the nonmoving party (in this instance, the plaintiffs) on the issue. In addition, the contract stipulated that agents must join their local Realtor association.

Law 459

Law Agents Realtors Contracts 459

Housing Wire

MAY 3, 2021

Filed last week in California state courts, the lawsuit is the latest legal drama involving Compass, the New York City-headquartered residential brokerage. The couple contend that they never saw these terms of engagement upon joining Compass, and instead were presented with a 1 ½ page contract that they electronically signed.

Agents 418

Agents Brokerage Real Estate Agent Real Estate 418

Housing Wire

JULY 26, 2022

District Court of Southern District of New York against Sprout Mortgage and Sprout Mortgage Asset Trust for fraud, breach of contract, promissory estoppel and unjust enrichment. Presented by: Polly. New Wave filed the lawsuit Monday in the U.S. New Wave said it requested bids from multiple investors from Jan. 20, 2022, to Feb.

Mortgage 397

Mortgage Legal Lending Investors 397

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. And some major brokerages have had loose conversations about taking legal action or joining a competing MLS. “It

Brokerage 476

Brokerage Real Estate Realtors Agents 476

Housing Wire

APRIL 15, 2024

“With buyers who are asking I explain the situation and let them know that there could be a strong possibility they would need to pay a percentage if not all of the commission agreed upon to me as their buyers’ agent and that we need to enter into a contract.”

Inventory 448

Inventory Agents Real Estate Sellers 448

Appraisal Buzz

AUGUST 1, 2022

When trying to understand the meaning of words in this manner, there is a legal premise that applies specific to understanding the language called the plain meaning rule. When reading contracts, words will always have their ordinary meaning unless defined otherwise. With that defined, let’s look at the definition of summary: Summary.

Valuation 360

Valuation Appraisal Contracts Legal 360

Housing Wire

JULY 26, 2022

District Court of Southern District of New York against Sprout Mortgage and Sprout Mortgage Asset Trust for fraud, breach of contract, promissory estoppel and unjust enrichment. Presented by: Polly. New Wave filed the lawsuit Monday in the U.S. New Wave said it requested bids from multiple investors from Jan. 20, 2022, to Feb.

Mortgage 370

Mortgage Legal Lending Investors 370

Housing Wire

MARCH 12, 2024

loanDepot greatly reduced its costs in 2023 while revenues were in free fall amid a contracting market. million in legal expenses regarding the expected settlement of outstanding litigation, compared to $2 million in Q3 2023. It wasn’t enough to bring the California-based lender company profitability, but it narrowed its losses.

Legal 448

Legal Contracts Marketing Mortgage 448

Housing Wire

JUNE 26, 2024

In my career as an attorney, I’ve seen how legal disputes can sink relationships fast and forever. Even if a relationship is strained beyond the parties working together again, ADR can reduce the animosity and resentment that can linger after a legal fight. It’s not good enough to just understand basic contract law.

Real Estate 302

Real Estate Legal Law Agents 302

Housing Wire

SEPTEMBER 23, 2022

Eghbal “Eddie” Saffarinia, 62, of Alexandria, Virginia, perpetrated a scheme to conceal key facts, including the extent and nature of his relationship with a “personal friend” who was the owner and CEO of an information technology company, according to court documents and evidence presented a trial.

Government 418

Government Contracts Development Technology 418

Housing Wire

AUGUST 22, 2024

Adding an additional debt burden to lower-income consumers would leave them in a worse position under the present system, increasing their debt-to-income ratio, making it harder to qualify for a mortgage , and making borrowing more expensive. These challenges will impede our efforts to close the racial homeownership gap.

Real Estate 353

Real Estate Sellers Legal Buyers 353

Housing Wire

FEBRUARY 18, 2025

In New Zealand, the products are bound by the Credit Contracts and Consumer Finance Act 2003 (CCCFA), which the pair says protects the interests of consumers in connection with credit contracts, consumer leases, and buy-back transactions of land despite not having a specific reverse mortgage provision. counterpart.

Contracts 293

Contracts Advertising Real Estate Agent Mortgage 293

Appraisal Buzz

FEBRUARY 24, 2025

Real estate appraising is a complex practice that requires a diverse range of skills and knowledge, from understanding current market conditions to understanding and interpreting complex legal and financial documents. If you want to be your own boss, it also requires business acumen. quickly ) , as well as do so using a variety of sources.

Real Estate 335

Real Estate Development Appraisal Legal 335

Housing Wire

MAY 11, 2022

A CrossCountry spokesperson told HousingWire they don’t comment on legal matters. Presented by: Black Knight. . “CrossCountry wanted to convert those offices, production, revenue, and profits to its own.” ” A spokesperson for Caliber said the company has no comments at this time.

Technology 397

Technology Investing Legal Mortgage 397

Housing Wire

MAY 21, 2024

Buying a home in a non-disclosure state, where sale prices are not available to the general public, presents a unique set of challenges and requires home buyers to be more proactive in gathering information. Get input from a qualified attorney Seek legal advice, especially when dealing with contractual matters.

Real Estate Agent 488

Real Estate Agent Real Estate Inspection Valuation 488

Housing Wire

NOVEMBER 27, 2023

Davis’ original complaint stated that after the franchisees signed a contract, the defendants then required franchisees to adopt KWRI’s present market cap, which is the fee agents pay their market centers.

Technology 505

Technology Agents Training Real Estate 505

Raleigh Realty

FEBRUARY 24, 2022

What Does 'Under Contract' Mean in Real Estate? You've decided to buy a home and whether it's your first home or your tenth you're likely to stumble across homes that are listed as 'under contract' on the real estate listing. Then, you look at the status and that other shoe finally has a chance to drop: it's "under contract."

Contracts 147

Contracts Real Estate Sellers Real Estate Agent 147

Housing Wire

DECEMBER 21, 2020

This year, he has also been driving ALTA’s internal legal efforts regarding the SECURE Notarization Act while overseeing the Title Insurance Political Action Committee and its regulatory efforts. Presented by: WFG. Steve Gottheim, who has been with ALTA since 2009, was promoted to general counsel.

Insurance 352

Insurance Government Advertising Legal 352

Housing Wire

JUNE 11, 2021

If the appraised value ends up matching or is higher than the contract price, the transaction can continue as planned. Should the appraisal come in lower than the contract price, the closing process may be impacted. Sponsored content presented by Citibank, N.A. NMLS #412915. Member FDIC and Equal Housing Lender.

Inspection 459

Inspection Appraisal Appraisal Process Buyers 459

Housing Wire

AUGUST 26, 2024

They also claim that the defendants required the plaintiffs to sign up for various lead generation products but then changed contract terms and conditions without notifying the plaintiffs. 23, 2020, and the present. The suit is seeking class-action status for a group that includes all real estate agents in the U.S.

Real Estate Agent 514

Real Estate Agent Real Estate Law Agents 514

Housing Wire

APRIL 19, 2023

The couples initially sued the lender in October 2022 on seven counts, including breach of contract, negligence and fraud. In his ruling, Judge Leeson said that termination of the mortgage process is not a breach of contract and lenders do not owe a duty of care to borrowers. in March and April of 2022,” the suit said. of the U.S.

Contracts 397

Contracts Lending Mortgage Legal 397

Housing Wire

AUGUST 31, 2023

According to the filing, after the franchisees signed a contract, the defendants then required franchisees to adopt KWRI’s present market cap, which is the fee agents pay their market centers. In the filings, which name Keller Williams , Keller, former KW president Josh Team, Business MAPS Ltd.

Contracts 435

Contracts Business Brokerage Training 435

Housing Wire

NOVEMBER 1, 2024

An agent may also be present at closings to review closing documents and help guide their client through the final steps. citizen or legal resident and be 18 years of age or older. This course covers real estate law, contracts, finance and ethics. Brokers are often legally liable for the actions of agents working under them.

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

NOVEMBER 17, 2023

In the video cited, Blefari discusses commission negotiation with trainees, stating: “[W]hen homesellers saw that I had written a 6% commission into the contract, and would ask, ‘Gino, but aren’t commissions negotiable?’ I would always answer, ‘Yes, commissions are negotiable, but I can only go up from six.’”

Training 448

Training Realtors Agents Real Estate 448

Housing Wire

JANUARY 30, 2025

31, 2019, and the present. Most of the filings claimed that the plaintiffs lacked the right to sue, that the class members are required to arbitrate their claims based on the individual contracts they signed, and that the plaintiffs did not sustain any damage caused by the defendants.

Real Estate 322

Real Estate Real Estate Agent Brokerage Law 322

Housing Wire

MARCH 6, 2025

UHM claims that most of the originators did not follow the clauses of the contracts and that the collective group owes it over $100,000. Beyond this statement, we will have no further comment at the present time,” the company shared in an email with HousingWire.

Mortgage 312

Mortgage Loan Officers Contracts Lending 312

Housing Wire

AUGUST 19, 2024

Presenting these agreements is becoming the line of delineation between great agents and not-great agents. Pettinelli is using contracts with her sellers that outline the total commission she will charge and how much she is going to pay another agent for bringing a qualified buyer to the transaction. How is that protecting buyers?”

Agents 476

Agents Sellers Realty Buyers 476

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. Students appreciate that course content is presented in a highly engaging way and find the layout of the courses interactive and stimulating. Includes The Adventure Guide book.

Real Estate 448

Real Estate Real Estate Agent Design Law 448

Housing Wire

JANUARY 9, 2025

In this article, well cover the definition of a pocket listing, the pros and cons for both agents and sellers, and how to transact off-market legally and ethically. This could translate to a higher commission, depending on how your contract with the seller is written. Are pocket listings legal and ethical?

Sellers 397

Sellers Real Estate Agents Real Estate Agent 397

Appraisal Buzz

APRIL 15, 2024

Appraisers will be presented with the data elements needed to report the characteristics of the subject property, and analyze the market, comparables, and other necessary parts of the appraisal process. Only those data and report elements that are important for the scope of work will be presented to the appraiser.

Appraisal 397

Appraisal Design Lending Technology 397

Housing Wire

FEBRUARY 13, 2025

The declaratory and injunctive relief class consists of all persons who previously listed, are presently listing, or in the future intend to list, a property for sale or rent on Zillows StreetEasy platform, in exchange for payment of a daily rate.

Realtors 244

Realtors Contracts Agents Business 244

Housing Wire

DECEMBER 29, 2021

Caballero does not have to guide these corporate clients through the legal and administrative work — and emotional heft — of selling a home. We have a specialized service to ensure that the builder’s homes are presented to the realtors through MLS in the most efficient and accurate way. His job is to ensure homes are being seen.

Realtors 417

Realtors Real Estate Agent Agents Real Estate 417

Housing Wire

AUGUST 1, 2024

They also brought in a forms specialist, who really dug into the new forms to really explain them to us, so we know when and how to use each one and so we can explain the contracts to our clients in plain English.”

Real Estate Agent 448

Real Estate Agent Real Estate Agents Business 448

Housing Wire

FEBRUARY 27, 2024

Due to how HomeServices and its affiliates handle their client contracts, if a dispute arises, each client is entitled to individual arbitration of their claims. 27, 2019, and the present — 118 different client agreements that are subject to arbitration fall under the laws of 35 different states.

Realty 448

Realty Real Estate Law Brokerage 448

Miller Samuel

FEBRUARY 24, 2021

It is where the BOD gets to vote on Jim Amorin's new contract that the entire board has not seen. You can't vote on a contract in good conscience, if you haven't seen it or been exposed the the key terms. Here is my favorite chart of the presentation. I've presented these numbers in past Housing Notes. over that period.

Appraisal 259

Appraisal Design Contracts Real Estate 259

Housing Wire

AUGUST 16, 2024

Although Wright does not have a background as a real estate professional, she believes she is uniquely qualified to lead NAR in the present moment. “I She did not confirm if she would stay on at the trade group after her contract ran out at the end of the year. “I But right now, it makes sense based upon my background.”

Real Estate 448

Real Estate Realtors Business Finance 448

Housing Wire

MARCH 15, 2024

Getting referrals and cozying up to the sell side Mike Kortas, CEO at NEXA Mortgage , sent a clear message to the over 2,300 mortgage LOs at his mortgage brokerage: “Keep your eyes open, keep your ears open, listen for opportunities that are going to present themselves, and be ready to assist more buyers.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514