Housing Wire

AUGUST 1, 2024

Personally, I haven’t done so much training on forms myself in over a decade,” said Anthony Lamacchia , the broker-owner of Massachusetts-based Lamacchia Realty. For Lamacchia, it is essential that his agents and brokers are able to clearly explain and communicate about the forms they are asking clients to sign.

Real Estate Agent 371

Real Estate Agent Real Estate Agents Business 371

Housing Wire

JANUARY 9, 2024

District Court in Arizona, Joseph Masiello, an Arizona resident and home seller, accuses several real estate companies of colluding to artificially inflate real estate agent commissions. In a copycat suit filed last Friday in U.S. Masiello sold a home on an Arizona MLS through HomeSmart “in or about October 2021.”

Realty 470

Realty Realtors Real Estate Real Estate Agent 470

Housing Wire

DECEMBER 8, 2023

Originally filed in late November, the Phillips lawsuit accuses real estate industry players of colluding to artificially inflate real estate agent commissions. AF Realty Group is the smallest of the new defendants with just 15 agents, according to the complaint.

Brokerage 420

Brokerage Realty Real Estate Agent Real Estate 420

Housing Wire

OCTOBER 7, 2024

The top brokerage in the country by transaction side count, eXp Realty , has settled the commission lawsuits. The parent company of eXp Realty, eXp World Holdings , announced the settlement on Monday in a filing with the Securities and Exchange Commission (SEC).

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Realty Brokerage Real Estate Agent Real Estate 351

Housing Wire

OCTOBER 8, 2024

But as many as 200 real estate agents , brokerage firms and landlords are alleged to have violated this law by discriminating against applicants with federally subsidized Section 8 Housing Choice Vouchers, according to an undercover investigation conducted by the Housing Rights Initiative (HRI).

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Brokerage Landlords Law Realty 422

Appraisal Buzz

SEPTEMBER 23, 2024

Tuesday morning will bring the Legal League Default Servicer Certification: Level I course. Connect with industry peers, share best practices, and elevate your REO management skills at this exclusive gathering for real estate agents. On Wednesday, the Five Star Academy Class Pass-Powered by the FORCE will be held. “You

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Legal Realty Project Management Real Estate 398

Housing Wire

MARCH 11, 2022

Two Myrtle Beach Century 21 franchises have filed a lawsuit against eXp Realty , alleging that eXp Realty agent Joel Barber stole profits and private real estate data during secretive, “unauthorized” late night office visits. Century 21 Barefoot Realty shares an office with the Harrelson Group. and 5:30 a.m.

Real Estate 293

Real Estate Realty Real Estate Agent Contracts 293

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. A copycat commission lawsuit has been filed in Los Angeles. It was filed on Wednesday in U.S.

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Realtors Brokerage Real Estate Realty 477

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.

Real Estate 474

Real Estate Realtors Realty Real Estate Agent 474

Housing Wire

OCTOBER 17, 2024

On Wednesday, Higher Tech Realty , dba Mark Spain Real Estate , filed a notice informing the U.S. Originally filed in November 2023, nearly a month after the jury verdict in the Sitzer/Burnett suit, the Phillips case accuses real estate industry players of colluding to artificially inflate real estate agent commissions.

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Real Estate Realty Real Estate Agent Brokerage 353

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.

Real Estate Agent 404

Real Estate Agent Loan Officers Real Estate Agents 404

Housing Wire

FEBRUARY 16, 2024

A second home seller in Nevada has filed a lawsuit alleging that real estate industry players in the state have colluded to artificially inflate real estate agent commissions. The copycat commission lawsuit was filed on Friday in U.S. District Court in Las Vegas by Nevada home seller Angela Boykin.

Real Estate 384

Real Estate Realtors Realty Brokerage 384

Housing Wire

MAY 3, 2021

Compass defrauded its real estate agents out of millions of dollars in sales commissions and broke pledges to give agents shares of stock, according to a new lawsuit that seeks class-action status.

Agents 403

Agents Brokerage Real Estate Agent Real Estate 403

Housing Wire

SEPTEMBER 6, 2024

Real estate agents largely felt prepared to tackle the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , according to the recently published Stephens Summer 2024 Real Estate Agent Survey.

Agents 340

Agents Real Estate Agent Brokerage Realty 340

Housing Wire

DECEMBER 6, 2023

Plaintiffs in Florida and Pennsylvania filed lawsuits on Monday, accusing real estate industry players of allegedly colluding to artificially inflate real estate agent commissions. More home sellers on the East Coast are getting in on the commission lawsuit action. Both lawsuits are seeking class-action status.

Realty 421

Realty Realtors Brokerage Real Estate 421

Housing Wire

AUGUST 12, 2024

Hardy is the owner of Snyder Kinney Bennet and Keating LLC , which does business in Southeastern Michigan as Signature Sotheby’s International Realty.

Real Estate 492

Real Estate Realtors Agents Real Estate Agent 492

Housing Wire

AUGUST 22, 2024

District Court for the Central District of Utah, include the usual cast of antitrust lawsuit characters: the National Association of Realtors (NAR), Anywhere Real Estate , Keller Williams Realty , HomeServices of America , and RE/MAX.

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Realtors Buyers Brokerage Real Estate 468

Housing Wire

OCTOBER 4, 2024

Shareholders at eXp World Holdings , the parent company of eXp Realty , are unhappy about the recent spate of lawsuits and media coverage the firm has received regarding allegations of sexual assault and harassment. Board ignored these reports and agents’ pleas for recourse.

Real Estate Agent 357

Real Estate Agent Real Estate Agents Law 357

Housing Wire

JANUARY 16, 2024

The latest copycat commission lawsuit alleges that real estate industry players in Nevada have colluded to artificially inflate real estate agent commissions. The suit was filed on Monday in U.S.

Realtors 405

Realtors Real Estate Real Estate Agent Sellers 405

Housing Wire

JANUARY 29, 2024

In an amended complaint filed on Friday, home sellers Danielle and Jessie Kay (who sold a house in Baden, Pennsylvania, in December 2021 with the help of an agent from Realty One Group Gold Standard ) were added as a plaintiff. The Pennsylvania copycat commission lawsuit has some new defendants and a new plaintiff.

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Brokerage Realty Real Estate Real Estate Agent 305

Housing Wire

DECEMBER 23, 2024

This flimsy lawsuit is just the latest in a tidal wave of legal actions by a desperate Chopra hungry for headlines. Rocket Homes will not rest until these baseless allegations are fully dismissed, and the CFPB redirects its focus to real issues that genuinely impact consumers.

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Real Estate Brokerage Clients Agents 392

Housing Wire

DECEMBER 1, 2023

In the face of a copycat commission lawsuit , the Real Estate Board of New York has vowed to fight. In an email blast sent to REBNY members, the New York City real estate agent trade group said it would “vigorously defend the litigation.”

Real Estate Agent 343

Real Estate Agent Real Estate Agents Brokerage 343

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.

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Sellers Brokerage Real Estate Realtors 375

Housing Wire

JANUARY 8, 2024

We are currently evaluating the substance of the motion and the best manner for HomeServices to continue to protect those we represent and defend our position in the appropriate legal forums,” the statement continued.

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Real Estate Realty Real Estate Agent Legal 318

Housing Wire

MARCH 8, 2024

Thanks to Lisa Chinatti, the broker-owner at Chinatti Realty Group , he was not completely caught off guard. She talks with a lot of people, and she announced to our company that this was coming and went through what exactly we should expect,” said Posnick, the sales manager at Chinatti Realty Group. Lisa is super on the pulse.

Agents 379

Agents Legal Realtors Clients 379

Housing Wire

NOVEMBER 14, 2023

While the lawsuit does name large corporate brokerage firms as defendants, including Keller Williams , Side , HomeServices of America , and Fathom Realty , the robust defendant list also includes real estate teams, such as The Loken Group and Hexagon Group , as well as an individual broker, Mark Anthony Dimas.

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Real Estate Realtors Realty Real Estate Agent 412

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 It is really going to go backwards.

Brokerage 390

Brokerage Real Estate Agents Sellers 390

Housing Wire

OCTOBER 7, 2024

9, to sign the agreement, agents are scrambling to find out what the agreement means for them. And some major brokerages have had loose conversations about taking legal action or joining a competing MLS. “It But with a deadline of Wednesday, Oct. The brokerage added that it has concerns over provisions tied to ownership of the data.

Brokerage 416

Brokerage Real Estate Realtors Agents 416

Housing Wire

OCTOBER 21, 2024

On Friday, the National Association of Realtors (NAR), Anywhere Real Estate , Keller Williams Realty , HomeServices of America and RE/MAX filed motions to dismiss the suit, which was originally filed in mid-August in U.S. District Court in Utah. It noted U.S.

Brokerage 384

Brokerage Real Estate Agent Real Estate Sellers 384

Housing Wire

SEPTEMBER 17, 2024

Customers who believe they were wronged ultimately blamed their real estate agent for introducing them to Curbio. Curbio also has partnerships with HomeSmart , eXp Realty and RE/MAX Gold. Despite the lawsuit and accusations, Curbio said its partnership with NAR not been impacted and remains in place.

Renovations 315

Renovations Realtors Real Estate Agent Contracts 315

Housing Wire

APRIL 28, 2022

The Madison, New Jersey-based conglomerate whose name brands include Corcoran , Sotheby’s International Realty , and Coldwell Banker , among others, posted $23 million in net income for the first three months of 2022. We take it seriously, and we’ve got an experienced legal team.”. Realogy generated $1.6

Mortgage 317

Mortgage Brokerage Agents Real Estate 317

Appraisal Buzz

JULY 9, 2024

FSA features educational offerings covering regulatory compliance, legal practice, diversity and inclusion, and distressed asset disposition in an easy-to-use online format. The Five Star Academy (FSA) is an independent certification program with courses written by housing and mortgage industry experts.

Realty 195

Realty Law Legal Real Estate Agent 195

Housing Wire

NOVEMBER 22, 2024

The three plaintiffs are real estate professionals. Hardy is the owner of Snyder Kinney Bennett and Keating LLC , which does business in southeast Michigan as Signature Sotheby’s International Realty.

Realtors 305

Realtors Real Estate Real Estate Agent Agents 305

Housing Wire

NOVEMBER 7, 2023

Hart cited two strategic acquisitions, Realty Austin in Texas and DPP in California, as part of its growth strategy. Moving forward, we will continue to be opportunistic in our approach to adding to our agent base via selective M&As,” Hart said during the earnings call.

Agents 328

Agents Real Estate Agent Realtors Brokerage 328

Housing Wire

APRIL 12, 2024

All nine of the lawsuits alleged that real estate industry players (namely NAR, RE/MAX , Anywhere , Keller Williams , HomeServices of America , Compass , eXp Realty , Redfin , Douglas Elliman , Howard Hanna , United Real Estate, and Weichert ) have colluded via NAR’s Participation Rule to artificially inflate real estate agent commissions.

Real Estate 325

Real Estate Real Estate Agent Realtors Realty 325

Housing Wire

SEPTEMBER 20, 2024

In a new episode of the HousingWire Daily podcast , Editor in Chief and host Sarah Wheeler sits down with eXp Realty CEO Leo Pareja to discuss the National Association of Realtors ‘ (NAR) commission lawsuit, the new rules that agents are facing, and how eXp is helping agents navigate these challenges to thrive in the marketplace.

Agents 360

Agents Brokerage Real Estate Tenants 360

Housing Wire

DECEMBER 4, 2024

In their complaint, the Batton 2 plaintiffs claim that “for decades, homebuyers across America have been unwittingly paying too much for, and receiving too little from, services offered to them by real estate agent members of National Association of Realtors.”

Real Estate Agent 279

Real Estate Agent Realtors Real Estate Realty 279