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Asian real estate group, other advocates claim Florida law violates Fair Housing Act

Housing Wire

and the Fair Housing Center of the Greater Palm Beaches , have filed a lawsuit that contends Florida Housing Law Senate Bill 264 violates the federal Fair Housing Act. We alleged that the law denies access to housing to people from China and these other countries. The suit was filed on Monday in U.S. District Court in Miami.

Law 289
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Maryland home seller files commission lawsuit in Missouri

Housing Wire

The complaint argues that the NAR and the brokerage defendants collude β€œto impose, implement and enforce anticompetitive restraints that cause home sellers to pay inflated commissions on the sale of their homes, in violation of federal antitrust law.” The National Association of Realtors will respond to this complaint in court.”

Sellers 373
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Commission lawsuit: HomeServices files motion for judgment as a matter of law

Housing Wire

Just prior to the plaintiffs resting their case late Monday afternoon, HomeServices of America , one of the three remaining defendants in the commission lawsuit , filed a motion for judgment as a matter of law. In his video deposition, King said that Keller Williams does not have an anti-trust policy. million real estate licensees in the U.S.,

Law 400
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10 ways for real estate agents to stay compliant with fair housing laws

Housing Wire

The last thing homebuyers and sellers expect to encounter on their real estate journey is discrimination. Understanding the act’s provisions can help you become a more ethical real estate agent and help you follow a law that encourages open access to high-quality housing for all. This is no longer allowed.

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Seller impersonation fraud threatens American homeownership

Housing Wire

In such an environment, buyers may feel pressure to bypass steps in the transaction to make their bid more attractive to the seller, but they should be wary that taking shortcuts can expose them to fraud. Secret Service reported a steep rise in seller impersonation in an advisory it issued this year. We can reverse this trend.

Sellers 367
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The title industry’s latest cat-and-mouse game: seller impersonation fraud

Housing Wire

Secret Service , notified the title industry of a rise in what is known as vacant lot fraud, or seller impersonation fraud. β€œWe We started to hear a lot about seller impersonation fraud early on in the year,” Tyler Adams, the CEO of CertifID, said. β€œWe Oftentimes this leads to the discovery of vacant lots. million, according to NAR.

Sellers 357
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Judge denies HomeServices’ motion for β€˜judgment as a matter of law’ in Sitzer suit

Housing Wire

Frazier also testified that the average commission at ReeceNichols is 2.75% for both buyer and seller agents. According to Frazier, homebuyers working with ReeceNichols agents sign a buyer agreement that if the seller doesn’t pay the buyer agent’s fees, then the buyer will pay the fee themselves. They were guidelines.

Law 334