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Sitzer plaintiffs expected to rest their case today

Housing Wire

During his testimony, Alford said that NAR’s Participation Rule “is not designed to benefit home sellers.” Under cross examination on Friday, he clarified that the legal question of whether there was a conspiracy between the defendants was not under his purview, stating: “That’s the job of the jury.”

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Tom Ferry launches AI coaching chatbot TomAI

Housing Wire

Real estate coach Tom Ferry is launching a new artificial intelligence (AI)-powered chatbot that is specifically designed for real estate professionals. It can help you discover what sets you apart from the competition and then work that into your scripts, presentations, and marketing material.

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NAR, Move named in new lawsuit alleging sale of fake leads

Housing Wire

The complaint also alleges that the defendants have “consistently failed and refused to properly train, screen, conduct background checks, supervise, reprimand, direct and instruct” their senior management in “a manner at or above the standard of care in accordance” with their policies and the laws of their respective home states.

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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. An agent may also be present at closings to review closing documents and help guide their client through the final steps. The required number of hours varies by state.

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AI could improve racial equity in homeownership, but there’s work to be done

Housing Wire

Policymakers and the mortgage industry must reckon with historical and present-day barriers that lock would-be homebuyers of color out of the market altogether,” according to the report published on Monday. “It must first, however, overcome the biases and inequities already embedded into the data it analyzes.

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How LOs can capitalize on social media channels while remaining compliant

Housing Wire

Arming your origination team with the right technology and training to manage consistency, compliance and brand recognition on social media is worth the investment – not to mention the peace of mind. Training Loan Officers on Compliance Issues. Discussing Privacy Concerns.

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CRMLS releases REcenterhub dashboard

Housing Wire

Developed internally by CRMLS, the REcenterhub dashboard introduces a range of new features designed to streamline productivity for real estate professionals. The dashboard presents a modernized user interface and offers customization options for both users and associations.