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.

Legal 370

Legal Brokerage Real Estate Agents 370

Housing Wire

NOVEMBER 14, 2023

And based on Judge Stephen Bough’s latest filing, it doesn’t appear the real estate industry will have definitive answers any time soon. As the dust from the Sitzer/Burnett commission lawsuit trial and jury verdict settles, many unanswered questions remain. From there, the plaintiffs have until Feb.

Real Estate 434

Real Estate Realtors Agents Buyers 434

Housing Wire

OCTOBER 25, 2024

As the real estate industry grappled with the fallout of the Sitzer/Burnett jury verdict and eventual settlement from the National Association of Realtors (NAR), a top concern was how changes to the agent commission structure would impact veteran homebuyers. Those are not the loan transactions that we continue to see some confusion around.

Buyers 448

Buyers Real Estate Realtors Agents 448

Housing Wire

APRIL 16, 2024

Due to major policy changes from federal agencies and the proposed settlement agreement by the National Association of Realtors (NAR) in the commission lawsuits, more companies and professionals are venturing into dual licensing — also called dual capacity. Being a good Realtor is hard. I think there’s some potential there.”

Real Estate Agent 488

Real Estate Agent Loan Officers Real Estate Agents 488

Housing Wire

SEPTEMBER 6, 2023

We are not going to defend this case anymore,’ so that will definitely lead to changes.” The National Association of Realtors , a defendant in both lawsuits, says it is not giving up the fight. “As far as cooperation and compensation, that is now pretty much over,” Murray said. Murray sees three possible outcomes for the lawsuits.

Buyers 448

Buyers Agents Realtors Sellers 448

Housing Wire

AUGUST 8, 2024

Although there is no doubt that business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement are going to impact how real estate industry professionals operate, economists aren’t too sure they’ll have much bearing on the housing market. “I

Housing Market 488

Housing Market Marketing Mortgage Sellers 488

Housing Wire

OCTOBER 19, 2023

Several industry executives, including Rene Galicia, the former director of MLS engage at the National Association of Realtors , and Rodney Gansho, the head of engagement at NAR, again appeared via video deposition, according to reports from Inman News. Why do commission rates appear to be so insensitive to economic forces?

Training 435

Training Agents Real Estate Brokerage 435

Housing Wire

AUGUST 9, 2022

Luna: I definitely stumbled into it. I like that title has a legal aspect to it, but I also like that we are able to talk to people and get to know them a bit through their transaction. But I like that there is a balance between legal stuff and people. I was originally interested in doing journalism or law.

Real Estate 397

Real Estate Real Estate Agent Insurance Business 397

Housing Wire

MARCH 18, 2024

In the 24 hours after news broke of the National Association of Realtors’ (NAR) settlement agreement in the commission lawsuits , Doug Danzey, the leader of the eXp Realty -brokered teamerage The Cobalt Group , said the most pervasive emotion among his agents has been panic. “I

Brokerage 448

Brokerage Real Estate Agents Sellers 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. Are pocket listings legal and ethical? Plus, well give you marketing ideas for promoting your pocket listings. What is a pocket listing in real estate?

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Sellers Real Estate Agents Real Estate Agent 397

Listing Spark

NOVEMBER 14, 2024

However, with flat fee services, sellers might need to handle more of the paperwork and legal disclosures themselves, potentially increasing liability if mistakes are made. Manage paperwork and legal disclosures. Legal Considerations Ensure you’re compliant with all legal requirements.

Real Estate 36

Real Estate Sellers Modernization Legal 36

Housing Wire

MARCH 15, 2024

According to VanFossen, that’s a “definite potential outcome that a lot of mortgage lenders are looking at, legally and in a compliant manner,” including Absolute Home Mortgage, which is doing tests with this dual-licensing structure.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

MAY 9, 2024

As part of their settlement agreements, Anywhere, RE/MAX and Keller Williams have agreed to pay $83.5 million , $55 million and $70 million , respectively.

Brokerage 397

Brokerage Realty Sellers Real Estate 397

Housing Wire

NOVEMBER 1, 2023

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? Department of Justice and portals like Redfin began displaying the rates soon after. ” Their findings, published online as a draft on Oct.

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Clients Agents Buyers Sellers 459

Lamacchia Realty

DECEMBER 18, 2023

AGENT VS. REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. What many consumers don’t realize is there are some key distinctions of a REALTOR® that will benefit them in their real estate endeavors. What is NAR?

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Realtors Agents Real Estate Agent Real Estate 74

Housing Wire

APRIL 12, 2023

We have definitely heard of cases, and we’ve been consulted on cases, where the homeowner literally three minutes after the payment is sent, realizes, ‘Oh no! Carla Sanchez-Adams is a senior attorney at the National Consumer Law Center focused on emerging issues in the financial and fintech sectors.

Real Estate 397

Real Estate Government Technology Real Estate Agent 397

Lamacchia Realty

MAY 6, 2024

Their job is to pay close attention to every detail to make sure the agreement i ncludes all the legal requirements. Negotiating the Fine Legal Points When it comes to negotiations, your Realtor’s job is to negotiate the best terms and conditions for your purchase. When Do I Need an Attorney?

Real Estate 74

Real Estate Legal Law Contracts 74

Empire Appraisal Group

DECEMBER 28, 2022

Florida Realtors. If you can legally add an accessory dwelling unit (ADU), should you? In California, homeowners have a legal right to build ADUs, and local governments aren’t supposed to create barriers to getting permits. Does Adding an In-Law Suite Pay Off? Source: Does Adding an In-Law Suite Pay Off? By Liz Weston.

Law 78

Law Legal Construction Property Taxes 78

Lamacchia Realty

AUGUST 15, 2023

Let’s face it, we’ve all seen the online ads and billboards (and we’ve definitely seen that certain famous caveman) for real estate businesses offering to buy your home quickly and with cash. No REALTOR ® guidance to help you through negotiations – Selling your home with a “we buy homes” company means not needing to hire a REALTOR ®.

Buyers 69

Buyers Real Estate Agent Real Estate Realty 69

Eppraisal

NOVEMBER 1, 2022

In addition, management companies and realtors who specialize in this area maintain networks of contractors and tradespeople who will swiftly attend to any repairs or renovations the property needs. So, there are definite advantages to hiring a management company or individual manager.

Property Management 69

Property Management Landlords Tenants Legal Fees 69

Hank Miller Team

NOVEMBER 16, 2022

Well, the exact definition varies depending on the type of business, but in short a fiduciary is a person or organization that acts on behalf of another person or persons, putting their clients' interests ahead of their own, with a duty to preserve good faith and trust. Some may ask, “what does that mean”?

Real Estate Agent 52

Real Estate Agent Real Estate Agents Clients 52

Birmingham Appraisal

SEPTEMBER 26, 2023

Inconsistent Results Outlier sales are, by definition, inconsistent with the majority of transactions in a market. Legal Implications If a buyer or seller relies on an inflated outlier-based list price to make a significant financial decision and later faces financial hardships as a result, they may pursue legal action.

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Real Estate Agent Real Estate Clients Agents 94

Will Springer Realtor

SEPTEMBER 21, 2021

The same is true when the seller delivers the competing offer but the bid fails to meet the definition of “competing offer.” Thank goodness there is a strong real estate professional and Realtor® to keep everything in order. For example, the non-qualifying competing bid may be longer than the closing date of the buyer’s offer.

Housing Market 55

Housing Market Marketing Sellers Buyers 55

Hank Miller Team

DECEMBER 8, 2022

Smile for the Camera Under federal and Georgia law, some types of surveillance are legal, and others are not. The question and definition of privacy is front and center, specifically whether a reasonable expectation of privacy exists. Homebuyers are being recorded and there's no obligation for anyone to disclose that.

Law 40

Law Sellers Buyers Legal 40

Hank Miller Team

APRIL 12, 2023

Seth Weissman, attorney at Weissman PC and general counsel for Georgia Realtors, talks about repaired defects… Disclose, it’s the Best Policy A properly repaired and corrected defect does not need to be disclosed. Is it possible to definitively demonstrate that the seller intentionally deceived the buyer on the disclosure?

Sellers 40

Sellers Easement Inspection Real Estate Agent 40

Hood Homes Blog

APRIL 29, 2018

Your Realtor will have many of the resources you need to sell your home. Tools your Realtor will have for your use include: Local MLS. One of the advantages of using a tech-savvy Realtor is the arsenal of tools they bring with them. Realtor Reviews. I am a Realtor ! Realtor reviews are all over the place.

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Real Estate Agent Realtors Tools Agents 36

Housing Wire

MARCH 7, 2022

said Hoepen, the Compass agent who writes the “Crypto News for Realtors” newsletter. The NFT representing ownership of an LLC representing ownership of a house is 100% legally meaningless. Change is coming,” said Jim Haisler of Heartland Realtors in Crystal Lake, Illinois. That could be a solution. Or, how it may not.

Real Estate 501

Real Estate Law Inspection Agents 501

Hood Homes Blog

SEPTEMBER 19, 2018

If the tax assessment is ever significantly higher than the market value of your home, it is definitely a good idea to appeal your taxes. It also gives your home some legal protection against judgments and creditors, as well as caps the rate at which your tax assessment can rise. Be sure you are searching the right tax year.

Property Taxes 36

Property Taxes Appraisal Home Value Legal 36

Clear Capital

NOVEMBER 30, 2021

Definitely a group that we’re going to be keeping a close eye on. Like, why are they so worried about like physical violence from this one realtor? The thing about the qualifications is the only reason they exist and the only reason there’s a very tedious process is because of how fundamentally broken the legal system is.

Landlords 69

Landlords Real Estate Tenants Investing 69

The Robert Weiler Company

DECEMBER 9, 2022

When you think of the terms commercial real estate agent, broker, or realtor, do you use them interchangeably? It’s no wonder commercial real estate vs broker vs realtor remains indistinguishable! So, stay tuned to receive the actual definitions for a commercial real estate agent, broker, and realtor.

Real Estate Agent 78

Real Estate Agent Real Estate Realtors Agents 78

Appraisal Today

JUNE 23, 2023

By collaborating with appraisers, accountants can provide clients with comprehensive financial guidance, ensure compliance with legal and tax requirements, and strengthen their overall professional services. But there definitely appears to be truth in Fannie’s unpopular choice of words.

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Appraisal Real Estate Valuation Contracts 90

Housing Wire

NOVEMBER 14, 2024

“This is evidenced by eXp’s statement that ‘the proposed class settlement with the Hooper Plaintiffs will cover claims that are substantially similar to the class asserted in the present matter,’ and therefore ‘Hooper Plaintiffs subsume the class definition.’”

Realtors 369

Realtors Legal Realty Real Estate 369

Housing Wire

NOVEMBER 6, 2024

26 , when the National Association of Realtors’ (NAR) commission lawsuit settlement agreement is slated for a final approval hearing? “I 26, real estate and legal experts don’t believe it is completely out of the woods yet, even with a new administration coming into office.

Real Estate 397

Real Estate Legal Sellers Brokerage 397

Housing Wire

JANUARY 14, 2025

When the Supreme Court on Monday denied the National Association of Realtors (NAR) petition to hear its appeal of a lower courts ruling that allowed the Department of Justice (DOJ) to reopen its long-running investigation, the trade group officially ran out of court options. The ball is in the court of the DOJ, Cain said.

Legal 370

Legal Government Real Estate Buyers 370

Housing Wire

MARCH 17, 2021

Realtors be forewarned. If the PRO Act can attract 10 US Senators (and thus survive an expected filibuster), Realtors who fail to self-incorporate will automatically become employees of their brokerage firm. There is at least one path forward, and if it works, independent contractor status for Realtors will be a relic of history.

Realtors 540

Realtors Real Estate Agents Law 540

Housing Wire

NOVEMBER 29, 2024

Bough granted final approval of the National Association of Realtors ‘ (NAR) commission lawsuit settlement agreement. As Realtors, we have been deathly afraid of antitrust for years. I’m one who thinks it is not over till it’s over — and this is definitely not over,” Murray said. Klein is not alone in his beliefs.

Real Estate 370

Real Estate Buyers Realtors Law 370