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NYT article alleges ‘yearslong pattern of predatory behavior’ by two eXp agents

Housing Wire

The publication continued these efforts on Friday, publishing an article examining sexual assault allegations at national brokerage firm eXp Realty. According to eXp, changes to eXp’s Revenue Share program has made it so eXp can stop payments to agents whose contracts were terminated.

Agents 412
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Liberty Reverse parent receives shareholder approval for rebranding

Housing Wire

On Monday, Ocwen filed articles of amendment to its articles of incorporation in Florida, which is the first step to formally change the name, effective June 10. Starting that day, the company will begin trading on the New York Stock Exchange (NYSE) under its new ticker symbol, “ONIT.”

Contracts 344
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NAR board votes to leave dues unchanged in 2025

Housing Wire

Code of ethics changes In addition to voting on membership dues, NAR’s board of directors also voted to amend Article 4 of the trade group’s code of ethics, in an attempt to clarify Realtors’ obligations when they have ownership interest in a property. represent themselves 2. represent a member of their immediate family 3.

Realtors 305
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Do Appraisal Gap Clauses Impact Appraisals?

Cleveland Appraisal Blog

An appraisal gap clause can be written into a contract. It states that the buyer will still purchase the home at the contract price, even if the appraised value is lower than the contract price by a certain amount. In this hot market, it’s not surprising that this type of clause is being written into some contracts.

Appraisal 397
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Opinion: Navigating buyer agent compensation

Housing Wire

This article suggests a way this could be done while increasing the chances buyer agent compensation would be negotiated. The final sales contract would be a document that supported the distribution of the funds at the closing. The negotiation would continue until the parties agreed to the terms of the sale.

Buyers 330
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The state of the homebuilding market

Housing Wire

This article is part of our 2022 – 2023 Housing Market Update series. Our upcoming State of the Residential Construction Industry (SORCI) Report will reflect how builders have braced for impact: Despite the rate of new contracts slowing, margins didn’t decrease. Homebuilding Contract Values.

Marketing 436
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End of forbearance programs won’t result in housing crash

Housing Wire

Many other articles were written in tribute to this wonderfully talented group of internet crash callers. The two-month COVID-19-caused recession represented both the sharpest and the shortest economic contraction in U.S. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. ended in April 2020.

Contracts 544