Housing Wire

FEBRUARY 16, 2024

A second home seller in Nevada has filed a lawsuit alleging that real estate industry players in the state have colluded to artificially inflate real estate agent commissions. The copycat commission lawsuit was filed on Friday in U.S. District Court in Las Vegas by Nevada home seller Angela Boykin.

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Real Estate Realtors Realty Brokerage 394

Housing Wire

JANUARY 29, 2024

In an amended complaint filed on Friday, home sellers Danielle and Jessie Kay (who sold a house in Baden, Pennsylvania, in December 2021 with the help of an agent from Realty One Group Gold Standard ) were added as a plaintiff. The Pennsylvania copycat commission lawsuit has some new defendants and a new plaintiff.

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Brokerage Realty Real Estate Real Estate Agent 316

Housing Wire

DECEMBER 1, 2023

In the face of a copycat commission lawsuit , the Real Estate Board of New York has vowed to fight. In an email blast sent to REBNY members, the New York City real estate agent trade group said it would “vigorously defend the litigation.”

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Real Estate Agent Real Estate Agents Brokerage 358

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.

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Real Estate Realtors Realty Real Estate Agent 463

Housing Wire

JANUARY 18, 2024

The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate industry of colluding to artificially inflate real estate agent commissions. A copycat commission lawsuit has been filed in Los Angeles. It was filed on Wednesday in U.S.

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Realtors Brokerage Realty Real Estate 500

Housing Wire

JANUARY 2, 2024

Filed last Wednesday in the Western District of Missouri, the Umpa suit, named after its lead and only plaintiff Daniel Umpa, accuses the real estate industry of allegedly colluding to artificially inflate real estate agent commissions.

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Sellers Brokerage Real Estate Realtors 385

Housing Wire

JANUARY 8, 2024

We are currently evaluating the substance of the motion and the best manner for HomeServices to continue to protect those we represent and defend our position in the appropriate legal forums,” the statement continued.

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Real Estate Realty Real Estate Agent Legal 322

Housing Wire

DECEMBER 6, 2023

Plaintiffs in Florida and Pennsylvania filed lawsuits on Monday, accusing real estate industry players of allegedly colluding to artificially inflate real estate agent commissions. More home sellers on the East Coast are getting in on the commission lawsuit action. Both lawsuits are seeking class-action status.

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Realty Realtors Brokerage Real Estate 418

Housing Wire

NOVEMBER 27, 2023

On Wednesday, home seller plaintiffs in northern Georgia filed a class-action antitrust lawsuit accusing real estate industry players of colluding to artificially inflate real estate agent commissions.

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Real Estate Real Estate Agent Sellers Realty 434

Housing Wire

MARCH 8, 2024

Thanks to Lisa Chinatti, the broker-owner at Chinatti Realty Group , he was not completely caught off guard. She talks with a lot of people, and she announced to our company that this was coming and went through what exactly we should expect,” said Posnick, the sales manager at Chinatti Realty Group. Lisa is super on the pulse.

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Agents Legal Realtors Clients 389

Housing Wire

JANUARY 16, 2024

The latest copycat commission lawsuit alleges that real estate industry players in Nevada have colluded to artificially inflate real estate agent commissions. The suit was filed on Monday in U.S.

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Realtors Real Estate Agent Real Estate Sellers 413

Housing Wire

MARCH 18, 2024

In the 24 hours after news broke of the National Association of Realtors’ (NAR) settlement agreement in the commission lawsuits , Doug Danzey, the leader of the eXp Realty -brokered teamerage The Cobalt Group , said the most pervasive emotion among his agents has been panic. “I It is really going to go backwards.

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Brokerage Real Estate Agents Sellers 396

Housing Wire

APRIL 12, 2024

All nine of the lawsuits alleged that real estate industry players (namely NAR, RE/MAX , Anywhere , Keller Williams , HomeServices of America , Compass , eXp Realty , Redfin , Douglas Elliman , Howard Hanna , United Real Estate, and Weichert ) have colluded via NAR’s Participation Rule to artificially inflate real estate agent commissions.

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Real Estate Real Estate Agent Realtors Realty 331

Housing Wire

NOVEMBER 14, 2023

While the lawsuit does name large corporate brokerage firms as defendants, including Keller Williams , Side , HomeServices of America , and Fathom Realty , the robust defendant list also includes real estate teams, such as The Loken Group and Hexagon Group , as well as an individual broker, Mark Anthony Dimas.

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Real Estate Realtors Realty Buyers 403

Housing Wire

NOVEMBER 7, 2023

Hart cited two strategic acquisitions, Realty Austin in Texas and DPP in California, as part of its growth strategy. Moving forward, we will continue to be opportunistic in our approach to adding to our agent base via selective M&As,” Hart said during the earnings call.

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Agents Real Estate Agent Realtors Brokerage 342

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?

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Real Estate Agent Real Estate Agents Clients 53

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?

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Real Estate Agent Real Estate Agents Sellers 69

Housing Wire

APRIL 28, 2022

The Madison, New Jersey-based conglomerate whose name brands include Corcoran , Sotheby’s International Realty , and Coldwell Banker , among others, posted $23 million in net income for the first three months of 2022. We take it seriously, and we’ve got an experienced legal team.”. Realogy generated $1.6

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Mortgage Brokerage Agents Real Estate Agent 343

Housing Wire

NOVEMBER 16, 2021

million in membership dues from 1.542 million members, who are mostly real estate agents and brokers. One board member asked how much of the dues go to legal defense. Lane, who is a real estate agent in Brandon, Mississippi, added that what NAR is paying to specifically fight DOJ “Is not a line item in the budget.”.

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Real Estate Agent Agents Real Estate Realtors 353

Lamacchia Realty

MAY 6, 2024

WHY YOU NEED A REAL ESTATE ATTORNEY WHEN BUYING A HOME When buying a home, you might wonder, “Do I need a real estate attorney, or is my real estate agent enough?” Before we dive into the details, let’s talk about what services a real estate attorney can provide.

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Real Estate Legal Law Contracts 70

Housing Wire

DECEMBER 20, 2023

After almost five years of litigation, it is clear that Keller Williams Realty, Inc. Like the other commission lawsuits, the plaintiffs in the Moehrl suit allege that the real estate industry has colluded to artificially inflate real estate agent commissions.

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Real Estate Sellers Realtors Brokerage 337

Housing Wire

MARCH 25, 2024

During a virtual open house hosted by Keller Williams to answer agent and broker questions about the settlements in the commission lawsuits , the overwhelming message was for real estate professionals to focus on what they can control. Cooperative compensation is still legal,” Papasan stressed. Don’t panic.

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Agents Advertising Real Estate Buyers 391

Raleigh Realty

FEBRUARY 4, 2022

My first transaction as a Real Estate Agent was as a dual agent representing both the buyer and the seller. What is Dual Agency in Real Estate? Dual agency is when a real estate agent works with the buyer and the seller on the same transaction simultaneously.

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Real Estate Real Estate Agent Sellers Agents 148

CA Realty Training

JUNE 28, 2021

Other Real Estate Agents. This way, you’re already selling the property to other agents as well as their sphere. . Regardless of the amount, you are legally obligated to present all offers you receive to your sellers. Let the entire neighborhood know and place a “for sale” sign in the front yard. Tip #5: Negotiate.

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Real Estate Agent Real Estate Agents Advertising 36

Lamacchia Realty

DECEMBER 11, 2023

Real estate agents are far more in tune with the current market. At Lamacchia Realty, we focus on marketing more than anyone because we understand its power. If any issues pop up such as a failed inspection or property dispute, a real estate agent will understand right away what needs to be done.

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Realtors Real Estate Agent Sellers Realty 71

Lamacchia Realty

DECEMBER 18, 2023

AGENT VS. REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. What many consumers don’t realize is there are some key distinctions of a REALTOR® that will benefit them in their real estate endeavors.

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Realtors Agents Real Estate Agent Real Estate 68

Housing Wire

JANUARY 27, 2022

ONE Sotheby’s International Realty agent Jessica Adams is under fire after TechCrunch co-founder and crypto investor, Michael Arrington took to Twitter on Tuesday alleging that Adams had leaked information about his purchase of a Miami waterfront mansion to the press, creating security concerns that forced him and his family to relocate.

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Agents Real Estate Real Estate Agent Realty 310

Housing Wire

JANUARY 31, 2022

ONE Sotheby’s International Realty agent Jessica Adams is under fire after TechCrunch co-founder and crypto investor, Michael Arrington took to Twitter on Tuesday alleging that Adams had leaked information about his purchase of a Miami waterfront mansion to the press, creating security concerns that forced him and his family to relocate.

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Agents Real Estate Real Estate Agent Realty 303

Housing Wire

NOVEMBER 16, 2023

I think it is just a matter of time until the copycat lawsuits are in every state going after every brokerage,” Lisa Chinatti, the broker-owner of Chinatti Realty , said. “I I think the question mark is whether it retains itself to just the brokerage level or whether it trickles down to the team or even agent level.”

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Law Brokerage Advertising Real Estate 398

Housing Wire

NOVEMBER 8, 2023

31, 2023, the Gibson lawsuit pits three Missouri home sellers, Don Gibson, Lauren Criss and John Meiners, against National Association of Realtors , Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman. Accepted by the court on Oct.

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Real Estate Sellers Realtors Real Estate Agent 402

Housing Wire

JANUARY 19, 2024

the copycat suit alleges that real estate industry players have colluded to artificially inflate real estate agent commissions. Filed on Thursday in U.S. District Court in Sacramento by Willsim Latham, LLC.,

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Realtors Real Estate Real Estate Agent Buyers 340

Lamacchia Realty

JUNE 8, 2021

If you believe your home has foundation damage and you’re looking to sell, there are a few steps you need to take to cover yourself legally and get the most money possible for your home. Hire a real estate agent to handle negotiations on your behalf. Contact Lamacchia Realty. Get a Quote from a Contractor.

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Real Estate Agent Inspection Realty Legal 68

Housing Wire

JANUARY 26, 2024

Sparks and personal insults flew between Anthony Lamacchia , the broker-owner of Lamacchia Realty , and Michael Ketchmark, the lead attorney for the plaintiffs in the Sitzer-Burnett commission lawsuit , during their virtual debate hosted by HousingWire on Friday afternoon. Department of Veteran Affairs (VA) loans.

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Realtors Law Agents Real Estate 414

Raleigh Realty

MARCH 23, 2021

The founder of forsalebyowner.com used a Real Estate Agent to sell his home after trying to sell it himself and failing to do so - imagine that. There are pros and cons to going the for sale by owner route, but it is strongly advised to work with a trusted real estate agent throughout the process.

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Real Estate Agent Real Estate Realtors Contracts 133

Housing Wire

FEBRUARY 14, 2022

But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. These employee agents are exceedingly more productive than the average independent contractor agent. million real estate agents. A profitable division.

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Business Brokerage Real Estate Agent Agents 365

Lamacchia Realty

AUGUST 15, 2023

Let’s face it, we’ve all seen the online ads and billboards (and we’ve definitely seen that certain famous caveman) for real estate businesses offering to buy your home quickly and with cash. However, having a real estate agent advocate for you during the sale comes with advantages that are often overlooked.

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Buyers Real Estate Agent Real Estate Realty 56

Raleigh Realty

APRIL 19, 2022

If the Department rules in your favor, the person or party responsible could be subject to a fine or other legal action. Real estate agents are well-versed in the area and they have great resources to answer any questions you may have. What's the LGBTQ+ culture like in the area? Constitution.

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Legal Real Estate Agent Real Estate Law 144