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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

You should be finding buyers before real estate agents anyway.” NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents. Kortas believes that good buy-side agents will remain highly relevant and garner more business as competitors wash out. “You

Buyers 498
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Appeals court to allow DOJ to reopen its investigation into NAR

Housing Wire

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.

Realtors 536
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What Does Under Contract Mean in Real Estate?

Raleigh Realty

What Does 'Under Contract' Mean in Real Estate? You've decided to buy a home and whether it's your first home or your tenth you're likely to stumble across homes that are listed as 'under contract' on the real estate listing. There are many things that take place once you go under contract on a home.

Contracts 147
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HomeServices asks Supreme Court to apply arbitration to Sitzer suit

Housing Wire

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.

Contracts 369
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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. So, what is a land contract agreement, and how does it work?

Contracts 143
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Real Estate Sales Agreements: Understanding Your Contract

Movoto

After submitting an offer on a home you plan to purchase, a few things might happen – once an offer is accepted (typically, after negotiations but not always), real estate sales agreements come into effect between buyers and sellers. Should the buyer breach the contract (e.g., Financing Details. auctions, cash sales, etc.):

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

Housing Wire

In particular, Barton highlighted Zillow’s Premier Agent program, which sells buy-side leads to agents who are part of the Premier Agent network. million real estate license holders, many handle only one or two transactions a year. Of the approximately 1.5

Agents 335