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Homebuyers have many options; let’s make sure they’re aware of them

Housing Wire

One of the most important roles we play at ALTA is strongly encouraging buyers to shop around for their title insurance company. The Real Estate Settlement Procedures Act (RESPA) ensures that homebuyers always have the legal right to consider alternative title insurance providers and can never be forced into using a particular provider.

Insurance 489
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Judge denies HomeServices’ motion for ‘judgment as a matter of law’ in Sitzer suit

Housing Wire

During plaintiff lead attorney Michael Ketchmark’s cross examination of Warner, he presented her with some statistics showing that HomeServices affiliated agents in four Missouri markets paid buyer broker commissions of roughly 3% in at least 88% of the transactions completed between 2015 and 2022. It is human nature,” Frazier said.

Law 336
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Zillow believes the evolution of the industry will only help it grow

Housing Wire

According to Barton, the “substance of the settlement” is a “very reasonable middle path forward for the industry, where commissions are communicated between sellers and buyers and both parties are better educated.” Barton also touched upon the terms of NAR’s settlement agreement.

Agents 335
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DataDigest: The remarkably resilient agent commission rate

Housing Wire

I wanted to close before May 1, so I selected a buyer who was already in underwriting. My agent exchanged a few emails with the buyer’s agent over a few minor repair requests, but this was all buttoned up very quickly. She made clear in our first conversation that the commission would only drop to 5% if she also found the buyer.

Agents 388
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Zillow to list housing discrimination protections

Housing Wire

The update expands Zillow’s Local Legal Protections tool, which was created in 2018 to help LGBT home searchers identify if their rights were protected by local laws in certain jurisdictions. Today, both sellers and buyers expect to handle a majority of the process online. Presented by: 1 Percent Lists.

Landlords 457
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The doxing saga of Michael Arrington’s Miami mansion?

Housing Wire

For your average Joe or Jane buyer, this level of privacy protection may seem a bit excessive, but Nourmand says that these types of precautions are pretty standard when dealing with high-profile clients. The home was originally designed in 2015 by Florida-based architect Cesar Molina. million, according to property records.

Agents 297
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The doxing saga of Michael Arrington’s Miami mansion?

Housing Wire

For your average Joe or Jane buyer, this level of privacy protection may seem a bit excessive, but Nourmand says that these types of precautions are pretty standard when dealing with high-profile clients. The home was originally designed in 2015 by Florida-based architect Cesar Molina. million, according to property records.

Agents 290