Housing Wire

FEBRUARY 5, 2024

In late October 2023, a Missouri jury found HomeServices of America, as well as Keller Williams and the National Association of Realtors , liable for colluding to artificially inflate real estate agent commissions. There is no dispute that the plaintiffs agreed to contracts that include mandatory arbitration provisions.

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Contracts Brokerage Law Real Estate Agent 369

Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

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Buyers Contracts Agents Realtors 344

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State.

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Real Estate Real Estate Agent Agents Brokerage 351

Housing Wire

MAY 1, 2024

While Zillow’s net loss of $23 million for the quarter, which was up from its net loss of $22 million in Q1 2023, did not necessarily reflect Barton’s confidence, the firm’s 13% annual increase in revenue to $529 million did. million real estate license holders, many handle only one or two transactions a year.

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Agents Real Estate Contracts Real Estate Agent 335

Lamacchia Realty

MAY 6, 2024

WHY YOU NEED A REAL ESTATE ATTORNEY WHEN BUYING A HOME When buying a home, you might wonder, “Do I need a real estate attorney, or is my real estate agent enough?” Before we dive into the details, let’s talk about what services a real estate attorney can provide.

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Real Estate Legal Law Contracts 70

Empire Appraisal Group

FEBRUARY 29, 2024

Lusky, DigitalVision, Getty Images Source: [link] FSBO Sellers Regret Not Having an Agent By Melissa Dittmann Tracey Survey: Sellers who go-it alone are twice as likely to be unsatisfied with the experience – and more likely to say their earlier opinion, “agents are overpaid,” was wrong.

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Sellers Agents Real Estate Agent Real Estate 78

Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Ready to find a real estate brokerage?

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Real Estate Real Estate Agent Brokerage Agents 359

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

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Sellers Buyers Real Estate Agents 412

Housing Wire

FEBRUARY 16, 2024

Preventing sellers and listing agents from setting buyer-broker commissions would promote greater price competition and innovation in the market for brokers’ services,” the DOJ wrote in the filing. In June 2023, MLS PIN reached a settlement agreement with the Nosalek plaintiffs. Originally filed in 2020 in U.S.

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Sellers Buyers Real Estate Contracts 422

Housing Wire

DECEMBER 5, 2023

In late January 2023 , Judge Timothy J. The Justice Department is not free to ignore the principles of contract law and fair dealing that bind every other party before the courts,” he added. NAR filed a petition in September 2021 to set aside or modify the DOJ’s probes into the trade group. Kelly of the U.S.

Real Estate Agent 333

Real Estate Agent Law Real Estate Agents 333

Housing Wire

NOVEMBER 15, 2023

Ask the average real estate agent or broker in America if they believe the National Association of Realtors (NAR) and brokerages are likely to win the bombshell Sitzer/Burnett commission lawsuit case on appeal. But in the end, the people most affected by this legal limbo are the millions of agents and brokers themselves.

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Realtors Agents Real Estate Real Estate Agent 367

Listing Spark

OCTOBER 9, 2023

Are you considering selling your home without the assistance of a real estate agent? For Sale By Owner refers to the process of selling a home without the involvement of a real estate agent or broker. Negotiate Offers: Carefully review terms, seek legal advice if needed, and negotiate with potential buyers.

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Real Estate Agent Legal Real Estate Agents 36

Housing Wire

NOVEMBER 30, 2023

Brimming with coursework that is up to date with current trends, expect to receive insight on issues facing Ohio real estate agents today. From agency relationships to local government regulations and more, every topic is inspired by the property types and types of transactions you’ll encounter as an Ohio real estate agent.

Real Estate 367

Real Estate Real Estate Agent Law Inspection 367

McKissock

JANUARY 6, 2023

Here are a few ideas for transforming your appraisal career in 2023. Train future appraisers, collateral underwriters, AMC staff, real estate agents, and others in real estate appraisal. These may be full-time jobs or contracted services. Consider salary-paying opportunities. Written by Jo A.

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Appraisal Training Lending Land Management 74

Housing Wire

NOVEMBER 3, 2023

But, there are steps that both brokers and agents can take to minimize the damage of a worst-case scenario. District Court in Western Missouri granted Anywhere’s motion to continue on December 13 and said the court would choose a new trial date “in late 2023,” but an exact timeline was not provided, as previously reported by Han.

Real Estate 291

Real Estate Brokerage Buyers Property Management 291

Lamacchia Realty

DECEMBER 18, 2023

AGENT VS. REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. What many consumers don’t realize is there are some key distinctions of a REALTOR® that will benefit them in their real estate endeavors.

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Realtors Agents Real Estate Agent Real Estate 68

Appraisal Today

APRIL 26, 2024

What should appraisers look for in a sales contract? NOTE: Please scroll down to read the other topics in this long blog post on agent concessions, History of appraisal bias back to 1930s, “one mile” rule and bias, unusual homes, mortgage origination stats, etc. You are “graded” on how close you come to the sales price.

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Appraisal Real Estate Real Estate Agent Contracts 76

Appraisal Today

MARCH 31, 2023

And that’s the way it is – March 1, 2023. To read what Fannie says, click here ————————– Link to Fannie SEL-2023-02: Selling Guide Updates PDF To read more, click here My comments: Lenders Are Happeeee! . Ok appraisers, it’s time to speak out and stand together.

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Appraisal Contracts Inspection Clients 52

Appraisal Today

APRIL 1, 2023

To see the listing, click here == Dos and Don’ts of Sharing Comparable Sales By: McKissock Excerpts: When real estate agents provide relevant comparable sales to appraisers, it certainly benefits both parties. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.32

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Clients Appraisal Contracts Business 52

Appraisal Today

APRIL 14, 2023

It could be a real estate agent, a home inspector or even a part-time Uber driver looking for some easy money. percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 7, 2023.The Worth reading. percent from 6.40

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Appraisal Bracketing Contracts Valuation 52