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United Real Estate settles the commission lawsuits

Housing Wire

Dallas-based United Real Estate has joined the cohort of brokerage defendants who have settled the commission lawsuits. On Tuesday, United Real Estate announced that it had reached a nationwide settlement in the Gibson commission lawsuit. As part of the settlement, United will pay $3.7 million into a settlement fund.

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‘Real Estate Insiders’ role play buyer and seller objections

Housing Wire

A newly released episode of the Real Estate Insiders Unfiltered Podcast explores the future state of buyer and seller relationships in the housing market after the National Association of Realtors ‘ (NAR) business practice changes take effect Aug. But there is a risk that offers of compensation could disappear.

Sellers 459
Insiders

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Fathom is the latest brokerage to settle the commission lawsuits

Housing Wire

Additionally, Fathom noted that as part of the settlement it has agreed to adhere to the rule and business practice changes outline in the National Association of Realtors’ nationwide commission lawsuit settlement agreement. In settling the commission lawsuits, Fathom joins NextHome , The Keyes Co.

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Title insurers reckon with attorney opinion letters

Housing Wire

When they talk about reducing closing costs for underserved communities, these people need title insurance more than anybody else because while $10,000 in legal fees may be doable for someone who owns a $4 million house, it is a struggle for someone who owns a $140,000 house.”.

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CLOSING COST CREDITS also known as SELLERS CONCESSIONS will become even more common!

Lamacchia Realty

Buyers , sellers , and sometimes even real estate agents get confused with how Closing Cost Credits or Sellers Concessions really work. For starters most REALTORS and buyers, at least in the Northeast, refer to them as a Closing Cost Credit. CLOSING COST CREDITS also known as SELLERS CONCESSIONS will become even more common!

Sellers 71
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Do I Need a Property Manager to Rent My Single Family Home?

Eppraisal

Depending on home value in the real estate market, this task can be pleasant and quick or, on the other hand, arduous and extended. 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.

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How to Avoid Capital Gains Tax on a Home Sale

Will Springer Realtor

If you or someone you know are in that situation or anticipating it, there are many strategies to help lower capital gains tax on real estate. How Cost Basis Factors into Capital Gains Tax You can think of cost basis in real estate as the total cost of buying the property.