article thumbnail

Keller Williams faces three lawsuits tied to its profit-sharing program 

Housing Wire

Allegations include breach of contract and unjust enrichment, with damages sought at $250 million. Hill, a former KW agent from 2002 to 2013, filed a similar complaint in the U.S. these funds continue to enrich only affiliated real estate agents, investors, brokers, and staff.” On March 25, Robert E.

Brokerage 493
article thumbnail

Luxury housing market inspires ‘total frenzy’ in vacation boom towns

Housing Wire

In the third quarter, luxury home sales jumped 41.5% , the biggest year-over-year shift since 2013, according to Redfin. And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. Presented by: NAMB.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

My comments: Real estate agents and brokers are salespersons. Over the years, I observed that successful real estate agents seldom switched to the much less profitable appraisal side. Over the years, I observed that successful real estate agents seldom switched to the much less profitable appraisal side.

article thumbnail

5 Things to Do Before and After Closing

Zillow

By the time you’ve signed a contract, you have lots of ideas about how you'll live in the home, how you'll customize it and what work needs to be done. Real estate agents work with all kinds of tradespeople, so they're often a great resource for referrals. . Originally published February 2013.

article thumbnail

Avoid Appraisal Disciplinary Action with These Do’s and Don’ts

McKissock

Changing the appraised value simply for the purpose of meeting the contract sales price is not a good reason. Such an act might appear to make everybody happy, e.g., the lender/client gets to make a loan, the real estate agent gets a commission, the buyers get the house, etc.

article thumbnail

Value of a Pool for Homes?

Appraisal Today

Shortly after, Oatman Architects was brought on for the construction, which wrapped three years later in 2013. How to get referrals from real estate agents. Speaking at real estate sales meetings is an easy way to market your appraisal business. The average contract interest rate for 5/1 ARMs increased to 6.27

article thumbnail

How Are Appraisal Complaints Enforced?

McKissock

Each state has its own set of administrative procedures used to handle disciplinary complaints against licensees of various professions, such as appraisers, real estate agents and broker s, doctors, nurses, accountants, etc. Administrative procedures. Looking to upgrade your appraisal license?