Buyers Contracts Government Legal 
Housing Wire
MAY 21, 2024
“The divided panel’s decision in this significant government-contract interpretation case goes ‘where no court has gone before,’ directly conflicts with precedents of this Court and the Supreme Court, and will reshape the landscape for all ‘who find themselves on the other side of the bargaining table’ with the government,” the petition states.
Housing Wire
APRIL 5, 2024
the court “will not interpret a contract to cede a sovereign right of the United States unless the government waives that right unmistakably. By context, I mean the rest of the contract’s text. Walker concludes by writing that the DOJ “bargained for a binding contract.” Winstar Corp., NAR filed a reply brief in late July.
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Housing Wire
SEPTEMBER 7, 2023
But three multibillion-dollar class action antitrust lawsuits looming over the real estate industry may soon reshape how buyers interact with agents. You’ve got current economic conditions that are not opportunistic for a homebuyer right now, inflation is still out there and it’s all constraining buyers’ ability to spend. “You’ve
Housing Wire
FEBRUARY 22, 2024
Worst-case scenario, the broker representing the buyer will have to negotiate their own fee with their client and the seller can no longer be compelled to make a blanket offer of compensation in order to list on the MLS,” Murray said. They have gone through all of this and it will end up being punitive to buyers.
Housing Wire
FEBRUARY 16, 2024
The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients.
Housing Wire
JULY 26, 2023
In the recent court documents, NAR claims that the government’s arguments for resuming the probe into the trade group’s Participation Rule and Clear Cooperation Rule were “alarming” and would “destabilize the law” if accepted. Those defendants rely on the government to keep its word. NAR, however, sees things differently.
Realtor
OCTOBER 29, 2020
When you’re a first-time home buyer approaching the finish line in the journey to your new home, you want nothing to go wrong, right? These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected.
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