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Are the legal risks of private listing networks real?

Housing Wire

And while most of the talking points espoused on both sides of the debate remain fairly consistent, those who are in favor of the policy have recently started to claim that an agent who doesnt list their sellers properties on the MLS may be exposing themselves to legal liability. Restraint on trade?

Legal 367
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Masiello plaintiff, Realty ONE Group seek to dismiss the brokerage from commission lawsuit

Housing Wire

The Masiello copycat commission lawsuit plaintiff and Realty ONE Group Arizona have filed a joint motion to dismiss the brokerage defendant from the suit with prejudice. According to the motion, the desire to dismiss the suit comes from Realty ONE Groups settlement in the Gibson suit , which was granted final approval in late October.

Realty 397
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Is Alabama’s buyer representation bill a legal protection or liability?

Housing Wire

We havent noticed too much of a change in operating procedure, at least with the agents at our firm, said Ellison, the qualifying broker at ARC Realty. The broker-owner of Lamacchia Realty said his agents have had no issues with consumers in this area. Buyers dont really seem to care, Lamacchia said.

Legal 383
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NAR faces new suit alleging antitrust violations, discrimination

Housing Wire

The legal woes continue for the National Association of Realtors (NAR). On Wednesday, Maurice Muhammad — the broker of Progressive Realty — filed a complaint in U.S.

Realtors 448
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Miami homeowner sues eXp for fraud over renovation

Housing Wire

The legal department at eXp Realty and parent company eXp World Holdings is not getting any rest over the holidays. According to many legal resources, it is common for brokerages to prevent agents from acting as contractors on home sale transactions they are involved in. eXp did not return a request for comment.

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Anywhere faces racketeering charges in Minnesota lawsuit

Housing Wire

Despite having long ago settled the commission lawsuits , legal challenges continue to mount for real estate industry giant Anywhere. According to the suit, the Campolis worked with Mark Grieger, their neighbor and an agent brokered at Anywhere-backed Coldwell Banker Realty , to list their home in Deephaven, Minnesota, for $3.3

Realty 397
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MV Realty files for bankruptcy

Housing Wire

Right-to-list agreement firm MV Realty has filed for Chapter 11 bankruptcy in 33 states. MV Realty currently faces lawsuits in multiple states for allegedly misleading consumers and homeowners. MV Realty operated in 33 states and has more than 500 real estate agents. MV Realty did not return a request for comment.

Realty 476