Housing Wire

MARCH 27, 2024

These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” And before getting my real estate license in 2009, I had the same opinion, too. While this seems obvious, I hear time and time again how agents are trying to “convince” people to work with them.

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Real Estate Agent Real Estate Agents Sellers 353

Housing Wire

JANUARY 30, 2025

Filed mere hours after a Missouri jury found real estate industry players liable for colluding to artificially inflate real estate agent commissions, the Gibson suit largely mirrors the claims made in the original commission lawsuits, including Sitzer/Burnett and Moehrl. 31, 2019, and the present.

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Real Estate Real Estate Agent Brokerage Law 322

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. Warner claimed that Blefari’s statements were not a rule for agents to follow, but an example of what Blefari would do.

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Law Agents Realtors Contracts 459

Housing Wire

AUGUST 1, 2024

It is fitting that the 2024 Summer Olympics in Paris are the backdrop for the final two weeks leading up to when the real estate industry will undergo its largest structural change in decades — a feat of near-Olympic proportions. Like the athletes in Paris, Realtors and brokers across the U.S.

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Real Estate Agent Real Estate Agents Business 448

Housing Wire

FEBRUARY 20, 2025

Some real estate brokers have found their path blocked as they try to navigate the membership agreements mandated by NAR and their local Realtor associations to gain access to MLS listings. NARs three-way membership agreement requires Realtors to join associations at the local, state and national levels.

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Realtors Real Estate Realty Agents 300

Housing Wire

JANUARY 26, 2024

“I was sitting on my couch and I saw Michael on CNBC calling us a cartel, saying that we take money that doesn’t belong to us, and I was infuriated at that rhetoric and I was infuriated at what that infers about Realtors,” Lamacchia said. “It It dehumanizes Realtors and turns us into money-making machines.”

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Realtors Law Agents Real Estate 468

Housing Wire

MAY 21, 2024

The United States Department of Veterans Affairs will soon release a circular that “bridges the gap” on an agency law that prohibits a VA buyer from paying their real estate agent compensation, a VA official announced on Tuesday.

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Buyers Agents Real Estate Agent Real Estate 523

Housing Wire

APRIL 15, 2024

Fannie Mae and Freddie Mac will not count buyer’s agent commissions as part of their allowable interested party contributions (IPCs), according to announcements from the government-sponsored enterprises (GSEs) on Monday. NAR has also reached out to the U.S.

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Buyers Agents Real Estate Agent Sellers 532

Housing Wire

JANUARY 18, 2024

The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate industry of colluding to artificially inflate real estate agent commissions. For his part, David Kissinger, the CEO of Glendale Realtors, stated that the suit is “meritless.”

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Realtors Brokerage Real Estate Realty 533

Housing Wire

AUGUST 12, 2024

There are just five days to go until the business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement , but the trade association is not out of the lawsuit woods just yet. In a lawsuit filed on Monday by Douglas Hardy, Glenn Champion and Dylan Tent in U.S.

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Real Estate Realtors Agents Real Estate Agent 501

Housing Wire

AUGUST 26, 2024

The National Association of Realtors (NAR) is facing yet another lawsuit. The latest complaint, which is seeking class-action status, was filed on Friday by eight real estate agents in Los Angeles County Superior Court. The suit is seeking class-action status for a group that includes all real estate agents in the U.S.

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Real Estate Agent Real Estate Law Agents 514

Housing Wire

JUNE 21, 2024

West Penn MLS filed its motion to stay the case on Wednesday , noting that it has opted into the nationwide commission lawsuit settlement agreement reached by the National Association of Realtors (NAR). West Penn MLS did not return a request for comment.

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Real Estate Agent Realtors Real Estate Agents 447

Housing Wire

NOVEMBER 15, 2024

You’re probably aware that each state has its own real estate license requirements, unique laws and regulations around real estate licensure. Types of real estate license reciprocity Depending on the state, agents may receive different levels of reciprocity with their real estate license.

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Real Estate Training Agents Real Estate Agent 370

Housing Wire

OCTOBER 27, 2023

the National Association of Realtors (NAR), et al kicked off this week in a Kansas City, Missouri, federal courtroom, there is a lot at stake for consumers and business competition. Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules.

Real Estate Agent 488

Real Estate Agent Real Estate Realtors Buyers 488

Housing Wire

DECEMBER 15, 2023

A copycat commission lawsuit filed on Thursday by home sellers in the United States District Court for the Eastern District of Texas, accuses 47 real estate industry defendants of allegedly conspiring to artificially inflate real estate agent commissions.

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Real Estate Realtors Realty Real Estate Agent 493

Housing Wire

MARCH 7, 2024

Our team is committed to staying true to his mission of educating agents and championing the dream of homeownership,” said David Childers, CEO of Keeping Current Matters. Harney began his real estate career in 1983 in Suffolk County, New York. “He believed it was truly good for Americans to own their homes.

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Real Estate Agent Real Estate Agents Brokerage 105

Inman

JANUARY 23, 2025

Following a tough year of commission lawsuits and a challenging housing market, the Inman founder reminded real estate professionals on Thursday that they are survivors poised for a rebirth.

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Real Estate Agent Real Estate Agents Housing Market 158

Housing Wire

SEPTEMBER 5, 2024

These anti-discrimination statutes make it illegal to refuse to rent, sell or lease housing because of a lawful source of income being provided. An accessible checklist on the FHA website would give home sellers, buyers, housing counselors, real estate agents and others a reliable source of information, according to the report.

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Buyers Real Estate Agent Inspection Real Estate 476

Housing Wire

DECEMBER 12, 2023

District Court for Northern California, accusing the real estate industry of colluding to artificially inflate real estate agent commissions. The National Association of REALTORS will respond to this complaint in court.” A home seller plaintiff in California filed an antitrust lawsuit on Friday in U.S.

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Realtors Sellers Real Estate Buyers 476

Housing Wire

MARCH 28, 2024

The National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA) are asking federal housing officials to confirm their treatment of interested party contributions (IPCs) to home purchase transactions.

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Real Estate Agent Sellers Buyers Real Estate 476

Housing Wire

JANUARY 19, 2024

the copycat suit alleges that real estate industry players have colluded to artificially inflate real estate agent commissions. Lyon & Associates , Guide Real Estate , Paul M. Zagaris Real Estate , and Anywhere franchise Century 21 Select Real Estate , are also defendants in the lawsuit.

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Realtors Real Estate Real Estate Agent Buyers 458

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.

Real Estate Agent 458

Real Estate Agent Realtors Real Estate Sellers 458

Housing Wire

AUGUST 22, 2024

Filed in Florida in late April, the Lutz suit accuses HomeServices and its subsidiaries, BHH Affiliates and HSF Affiliates , of conspiring to artificially inflate real estate agent commissions. The two brokerage defendants in the suit filed a motion to dismiss on Monday.

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Law Real Estate Agent Real Estate Brokerage 434

Cleveland Appraisal Blog

APRIL 26, 2023

If you decide to use a realtor it can make the experience much smoother, much easier and ultimately far better for you as a buyer. Join us in this article as we discuss the many different benefits of a Ventura Realtor when buying land in 2023 and why you should consider this as an option before you take the long road all by yourself.

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Realtors Buyers Real Estate Agent Appraisal 276

Housing Wire

SEPTEMBER 18, 2024

How much are real estate referral fees? Who pays the real estate referral fees and how are they paid? Drafting a referral agreement that works for all parties How to find a great real estate agent in another area When to accept a referral (and when not to)? What is a real estate referral fee?

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Real Estate Real Estate Agent Agents Brokerage 468

Housing Wire

NOVEMBER 16, 2023

.” While the plaintiffs in the Moehrl , Sitzer/Burnett and Nosalek lawsuits are all represented by large law firms with class-action experience, the plaintiff in the relatively small Burton suit in South Carolina is represented by attorneys at Knie & Shealy Law Offices in Spartanburg. Ten thousand fists in the air indeed.”

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Law Brokerage Advertising Real Estate 482

Housing Wire

NOVEMBER 1, 2023

The new lawsuit, known as Gibson after its lead plaintiff, accuses the National Association of Realtors , Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman , of conspiring to inflate real estate agent commissions.

Real Estate 448

Real Estate Brokerage Sellers Law 448

Housing Wire

MAY 1, 2024

district court in Florida, accusing HomeServices and its subsidiaries, BHH Affiliates and HSF Affiliates , of conspiring to artificially inflate real estate agent commissions. On Monday, homebuyer James Lutz filed a class-action antitrust lawsuit in a U.S. that was listed on a NAR-affiliated MLS between Dec. “

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Sellers Real Estate Agent Realtors Real Estate 468

Housing Wire

APRIL 11, 2024

Many real estate executives and analysts believe that the Department of Justice , now with the green light to reopen its investigation into the National Association of Realtors , will shake up the civil commission lawsuit settlement agreement. But legal experts are not as certain.

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Real Estate Law Realtors Legal 497

Housing Wire

JANUARY 8, 2024

31, 2023, when a Missouri jury found the National Association of Realtors , HomeServices of America , and Keller Williams liable for colluding to artificially inflate real estate agent commissions, to prepare and file these motions. The parties had since Oct.

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Law Real Estate Real Estate Agent Legal 447

Housing Wire

NOVEMBER 16, 2020

But the virus has had anything but a negative impact on real estate in El Paso. According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. Interest rates were so low, at 2.5%

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Housing Market Marketing Real Estate Agent Real Estate 448

Housing Wire

SEPTEMBER 18, 2024

The privately owned multiple listing service has taken a laissez faire approach since its launch in 2009, as it promises no fees and fewer rules than MLSs owned by Realtor associations. You have to follow the law, but if it’s legal, you can do it,” Pfaff said. “We We will always comply with the law.”

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Legal Realtors Agents Brokerage 482

Housing Wire

APRIL 17, 2024

Under Missouri state law, HomeServices of America would have needed to have been named as a third-party beneficiary on the client contracts. This represented just one of many paths we believed were important to pursue, and we continue to aggressively pursue a resolution of our involvement in the underlying litigation.“

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Contracts Brokerage Law Real Estate Agent 448

Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Ready to find a real estate brokerage?

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Real Estate Real Estate Agent Brokerage Agents 459

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State. Did you know?

Real Estate 435

Real Estate Real Estate Agent Agents Brokerage 435

Housing Wire

SEPTEMBER 16, 2024

Like all of the other settlements so far, plaintiffs’ attorneys in the ongoing real estate agent commission lawsuits have asked a court for one-third of the settlement amounts agreed to by the National Association of Realtors (NAR) and HomeServices of America.

Law 435

Law Real Estate Agent Realtors Real Estate 435

Housing Wire

JANUARY 2, 2024

Filed last Wednesday in the Western District of Missouri, the Umpa suit, named after its lead and only plaintiff Daniel Umpa, accuses the real estate industry of allegedly colluding to artificially inflate real estate agent commissions. The National Association of Realtors will respond to this complaint in court.”

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Sellers Brokerage Real Estate Realtors 448