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New objection to NAR settlement targets business practice changes, plaintiffs’ attorneys fees

Housing Wire

She claims that some agents, especially on the listing side, are refusing to show an unrepresented buyer one of their listings or allow them into their open house without first signing an agreement with that agent. She expanded on this in her legal objection. “If

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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

This includes — but is not limited to — posting to the MLS, hosting open houses and getting creative with social media. citizen or legal resident and be 18 years of age or older. Brokers are often legally liable for the actions of agents working under them. Generally, you need to be a U.S. The inverse is true for agents.

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Wells Fargo pays $96M to settle LO comp lawsuit

Housing Wire

million to more than 5,300 home mortgage consultants to resolve a pair of class-action legal claims that allege wage-and-hour violations in California, according to the settlement agreement in federal court. Wells Fargo agreed to pay $95.7 The deal will provide $62.8

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History matters as Howard Hanna looks to tackle 2025

Housing Wire

The family-run brokerage firm recorded some legal w ins and losses , developed new tools for agents and clients , and navigated one of the slowest years for home sales in nearly three decades. The past year had its fair share of ups and downs for Howard Hanna Real Estate Services.

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Brokers prepare for changes after Sitzer/Burnett commission lawsuit verdict

Housing Wire

Pearson also has concerns about what this will now mean for how she and her agents handle client meetings or how to word things on open house fliers. “I I am working with an attorney to figure out how we are going to talk to people that come into open houses and what language we use on open house fliers,” Pearson said.

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CFPB: lenders engaged in redlining, reported bad data

Housing Wire

In the lender’s direct marketing and open house materials, the models were white. Some mortgage servicers didn’t tell legal counsel to pull the plug on foreclosure proceedings until five days after they received a loss mitigation application from borrowers.

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A complete guide to understanding pocket listings

Housing Wire

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. Since there arent typically weekends of open houses and dozens of private showings on pocket listings, there will be fewer buyer germs walking into the house.

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