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Commission lawsuit: HomeServices files motion for judgment as a matter of law

Housing Wire

KANSAS CITY, Missouri — The second week of the Sitzer/Burnett class-action buyer broker commission antitrust lawsuit kicked off with a bang. She also said that HomeService’s guidelines state that listing brokers need to compensate buyer brokers only when the property is in the MLS.

Law 397
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Are you prepping for worst-case commission lawsuit outcomes?

Housing Wire

With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. billion in commissions they paid to buyers’ agents in the past eight years.

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Closing arguments wrap up as Sitzer jury heads for deliberations

Housing Wire

Davis also discussed the MLS and how the National Association of Realtors’ Clear Cooperation Rule impacts both buyers and sellers during her time on the stand. Like the defendants who testified before her, Davis noted that buyers’ agents help both buyers and sellers, as they help bring qualified buyers to the bargaining table.

Agents 368
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Appraisers and Property Data Collectors

Appraisal Today

While there is some overlap, being qualified to perform an appraisal requires much more training, education, and expertise, and the job goes far beyond gathering physical data. Myth #3: PDCs are not properly trained or qualified While there isn’t a license, PDCs are still required to be trained and competent to do their job.

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How I Bought a Home in Killeen, TX for $55/mo

Hood Homes Blog

I had overheard our training sergeant at the time talking about fourplexes and multifamilies, and how lucrative it had been to him to buy one, live in it, and rent the other units out. Sure enough, I contracted on a $177,000 fourplex in SW Killeen and closed a week after redeploying. It was also cash flow negative.

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ClearCast Podcast E19 — Nooklyn CEO Moiz Malik

Clear Capital

A buyer calls up and goes, “I want to buy it.” ” And the buyers like, “well, that’s easy for me to explain. .” ” And the buyers like, “well think about it. And then the roadblock is the ability to hire and train those people is, you know, a significant amount of work.