Housing Wire

OCTOBER 27, 2023

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

Insurance Real Estate Buyers Real Estate Agent 489

Housing Wire

NOVEMBER 5, 2023

Real estate prospecting is a necessary activity for agents aiming to build a robust pipeline of buyer and seller leads. There are numerous methods an agent can use to prospect, some traditional and others that leverage technology. Here are some different methods that real estate agents use to prospect for leads.

Real Estate 387

Real Estate Tools Real Estate Agent Open Houses 387

The Robert Weiler Company

DECEMBER 9, 2022

When you think of the terms commercial real estate agent, broker, or realtor, do you use them interchangeably? We often give a name to someone who helps clients buy or sell commercial real estate without considering each unique position, their responsibilities, education, certification or licensing, and expertise.

Real Estate Agent 78

Real Estate Agent Realtors Real Estate Agents 78

Housing Wire

DECEMBER 18, 2023

In her first national interview since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, National Association of Realtors (NAR) president Tracy Kaspe r said the trade group would continue to advocate for what it feels is best for consumers. “We

Real Estate 410

Real Estate Realtors Buyers Real Estate Agent 410

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. I wanted to close before May 1, so I selected a buyer who was already in underwriting. The legal threat that looms largest is what’s known as the “Moehrl case.”

Agents 388

Agents Real Estate Agent Brokerage Real Estate 388

Housing Wire

JULY 26, 2021

Solicitors are legally required when purchasing a home in Ireland.). They also had to pay for the brokerage sign outside their home, newspaper advertising, online ads and the brochures for potential buyers. Home buyers like my mother and father outside the U.S. And they paid a 1% fee to their solicitor for their purchase.

Real Estate Agent 382

Real Estate Agent Real Estate Sellers Legal 382

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.

Sellers 412

Sellers Buyers Real Estate Agents 412

Housing Wire

JULY 19, 2023

A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract. Similarly, commission disputes can arise when a buyer-client ultimately purchases a property shortly after the relationship with their real estate agent ends.

Real Estate 286

Real Estate Legal Brokerage Clients 286

Housing Wire

JANUARY 16, 2024

So, while I make no claim as to the specific deep legal issues, I have some familiarity of antitrust actions and more in the conduct of legal actions in a courtroom. They also testified to the importance and value of the MLS as a core service that agents provide to sellers and buyers. That is how they got to $1.8

Agents 331

Agents Law Sellers Legal 331

Housing Wire

MARCH 8, 2024

If you sold a home and paid a commission to a real estate agent, you may be part of class action settlements,” the postcards read. JND Legal Administration is in charge of distributing the mailers, emails and press releases. Millions are expected to be sent out across America. “If

Agents 377

Agents Legal Realtors Clients 377

Housing Wire

NOVEMBER 16, 2023

billion in damages to residential home sellers who successfully proved that the organization – which represents real estate agents at most of the top brokerages in the United States – colluded with other defendants to inflate agent commissions. Unless the decision is appealed, NAR will have to pay at least $1.8

Realtors 383

Realtors Contracts Real Estate Agents 383

Cleveland Appraisal Blog

APRIL 26, 2023

If you decide to use a realtor it can make the experience much smoother, much easier and ultimately far better for you as a buyer. Not only can a realtor help you find the right piece of land and negotiate the price, but they can even help you navigate the legal paperwork. However, you don’t have to. Should you get a Realtor?

Realtors 272

Realtors Buyers Real Estate Agent Appraisal 272

Housing Wire

MARCH 4, 2022

The state of Oregon grabbed national attention last year for passing a law to ban “love letters” sent from potential homebuyer to homeseller, and often intermediated through real estate agents. This ban, the judge added, specially restricts the speech of agents, who, in practice, write or at least edit the letters in question.

Real Estate Agent 339

Real Estate Agent Law Real Estate Legal 339

Housing Wire

APRIL 5, 2024

The settlement proposed at the time included requirements for NAR to boost transparency about broker commissions and to stop misrepresenting that buyer broker services are free. The investigation into NAR by the DOJ and ensuing appeal is not the only legal battle the DOJ and the real estate industry are currently involved in.

Realtors 536

Realtors Contracts Government Real Estate 536

Housing Wire

NOVEMBER 9, 2023

The verdict runs contrary to what we all know about the value we bring not only to our clients but to the functioning of a buyer-seller real estate market more generally,” Kasper said. Moving forward, Kasper promised to continue to communicate with members and answer their questions, when information becomes available.

Agents 394

Agents Legal Sellers Clients 394

Housing Wire

APRIL 23, 2024

Additionally, all fields displaying broker compensation on MLSs must be eliminated, and there is a blanket ban on the requirement that agents subscribe to MLSs in order to offer or accept compensation for their work. Sears announced that the plaintiffs have asked for a final approval hearing for the settlement on Nov.

Realtors 330

Realtors Brokerage Agents Real Estate 330

Housing Wire

DECEMBER 15, 2023

A copycat commission lawsuit filed on Thursday by home sellers in the United States District Court for the Eastern District of Texas, accuses 47 real estate industry defendants of allegedly conspiring to artificially inflate real estate agent commissions.

Real Estate 461

Real Estate Realtors Realty Real Estate Agent 461

Housing Wire

MARCH 18, 2024

Jessica Edgerton , chief legal officer at LeadingRE , was also caught off guard by the timing of everything. “I It is probably going to be similar to commercial real estate where they are going to have to include compensation as part of the transaction negotiations,” he said. “If More off-MLS listings?

Brokerage 387

Brokerage Real Estate Agents Sellers 387

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?

Real Estate 359

Real Estate Real Estate Agent Brokerage Agents 359

Housing Wire

DECEMBER 12, 2023

District Court for Northern California, accusing the real estate industry of colluding to artificially inflate real estate agent commissions. Sellers can sell their home for more and have their home seen by more buyers while buyers have more choices of homes and can afford representation.

Realtors 423

Realtors Sellers Buyers Real Estate 423

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.

Real Estate 351

Real Estate Real Estate Agent Agents Brokerage 351

Housing Wire

FEBRUARY 16, 2024

The Department of Justice (DOJ) is asking the real estate industry to consider a world without the practice of cooperative compensation. The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states.

Sellers 422

Sellers Buyers Real Estate Contracts 422

Raleigh Realty

FEBRUARY 4, 2022

What is Dual Agency in Real Estate and Should you Avoid it Most buyers and sellers are familiar with how listing agents and buyer’s agents work which leads us to the question of what is dual agency in real estate? What is Dual Agency in Real Estate?

Real Estate 148

Real Estate Real Estate Agent Sellers Agents 148

Housing Wire

MAY 1, 2024

Just six months ago, when a Missouri jury found HomeServices of America, Keller Williams and the National Association of Realtors (NAR) liable for colluding to artificially inflate real estate agent commissions , the industry’s path forward was very murky.

Realtors 323

Realtors Real Estate Agent Real Estate Brokerage 323

Housing Wire

APRIL 8, 2024

The loophole the stands out to the KBW analysts is the off-MLS compensation workaround, which has been widely discussed in the real estate industry. The DOJ filed a motion to extend the deadline for the final approval of the settlement agreement reached between the Nosalek plaintiffs and defendant MLS Property Information Network.

Real Estate 457

Real Estate Realtors Agents Brokerage 457

CA Realty Training

JULY 19, 2021

That’s how successful real estate agents create successful careers. This method is a set of ethical rules that agents follow to build a trustworthy relationship with clients. So, let’s explore the fiduciary duties of a real estate agent are so you can start building trust. What does fiduciary mean?

Real Estate Agent 53

Real Estate Agent Real Estate Agents Clients 53

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.

Realtors 367

Realtors Agents Real Estate Real Estate Agent 367

Housing Wire

FEBRUARY 15, 2024

That’s because the deadline for the Department of Justice (DOJ) to file its statement of interest in the MLS Property Information Network (MLS PIN) settlement agreement is at the end of the day Thursday. In mid-December, the DOJ informed Saris that it still had concerns over the second amended settlement that MLS PIN filed.

Brokerage 340

Brokerage Real Estate Agent Buyers Real Estate 340

Housing Wire

MARCH 28, 2024

Hopeful their initial offer might be accepted or that they might beat out other potential buyers. Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” Then, they think about the mortgage : a good rate, good monthly payments, and approval.

HOA 408

HOA Property Management Real Estate Agent Technology 408

Housing Wire

OCTOBER 31, 2023

Courthouse that the future of real estate agent commissions could potentially be decided. “I Although the verdict has yet to be announced, Stella said he has been seeing changes to how MLS and agents operate over the past few years. Stella also noted that he has seen more buyers’ agents use buyer broker agreements.

Agents 408

Agents Buyers Sellers Realtors 408

Housing Wire

DECEMBER 26, 2023

From Ann Arbor to Grand Rapids and Birmingham, MI, we’ve done extensive research to find the leading real estate classes in Michigan to help make your new career a reality. Becoming a Michigan real estate agent is an excellent career choice for anyone who wants flexible working hours and high earning potential.

Real Estate 366

Real Estate Real Estate Agent Design Legal 366

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Housing Wire

MARCH 21, 2024

Fewer agents means fewer members Although associations and MLSs are feeling confident about their ability to navigate the terms of NAR’s settlement agreement and the many unknowns that remain, some agents in the field don’t feel the same way. They are better off together and sharing certain elements of information.”

Realtors 353

Realtors Agents Real Estate Logistics 353

Housing Wire

DECEMBER 27, 2023

ShowingTime said it was informed of this decision on Oct. According to the complaint, this leaves Aligned Showings as the only choice available to agents on those MLS portals. “By This is just the latest lawsuit alleging anticompetitive behavior in the real estate industry. Since the Oct.

Real Estate 487

Real Estate Agents Real Estate Agent Sellers 487

Housing Wire

DECEMBER 19, 2023

The home seller plaintiffs and MLS Property Information Network’s (MLS PIN) efforts to address the Department of Justice’s “significant concerns” about their proposed settlement agreement in the Nosalek commission lawsuit were not enough. Saris ultimately granted the DOJ’s motion in early October.

Real Estate Agent 337

Real Estate Agent Real Estate Buyers Realtors 337

Housing Wire

JANUARY 26, 2024

In regard to the fines related to the MLS listing books, Lamacchia said that he never used a hard-copy listing book during his career, but it makes sense that the information is guarded as it includes sensitive consumer information. First-time buyers barely have enough money to put down to buy a home. “It

Realtors 405

Realtors Law Agents Real Estate 405

Raleigh Realty

JANUARY 22, 2022

First Time Home Buyer Guide Raleigh, NC Buying a house for the first time is a big decision, so you want to make sure you are ready as a first time home buyer. That is what prompted us to create this first time home buyer guide filled with tips, tricks, programs, grants, and all the steps involved in the home buying process.

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Buyers Real Estate Finance Mortgage 148