Remove 2015 Remove Brokerage Remove Legal Remove Sellers
article thumbnail

Judge denies HomeServices’ motion for ‘judgment as a matter of law’ in Sitzer suit

Housing Wire

She said that HomeServices does not meddle in operations, give advice, or advise on commissions or how the brokerage approaches Realtor association membership. Despite not requiring NAR membership, Frazier said the brokerage does require agents to follow the NAR Code of Ethics. It is human nature,” Frazier said. They were guidelines.

Law 404
article thumbnail

DataDigest: The remarkably resilient agent commission rate

Housing Wire

Relatedly, discount brokerages have promised big savings to sellers for decades. The legal threat that looms largest is what’s known as the “Moehrl case.” The plaintiffs essentially argue that sellers are subsidizing buy-side agents and it’s an anti-competitive practice that lacks transparency. They were wrong.

Agents 404
Insiders

Sign Up for our Newsletter

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

article thumbnail

Zillow to list housing discrimination protections

Housing Wire

The update expands Zillow’s Local Legal Protections tool, which was created in 2018 to help LGBT home searchers identify if their rights were protected by local laws in certain jurisdictions. How this real estate brokerage’s unique model generates more profit for agents. Presented by: 1 Percent Lists.

Landlords 457
article thumbnail

“Collusion,” agent training are the focus on day three of the Sitzer/Burnett trial

Housing Wire

The third day of the highly consequential Sitzer/Burnett class action buyer broker commission lawsuit included a deep dive into the training materials used by various brokerages and the testimony of three of the named plaintiffs. In her deposition, Figgs said that since sending the email to Gonzalez, she had “largely dismissed” the study.

Training 404
article thumbnail

The doxing saga of Michael Arrington’s Miami mansion?

Housing Wire

If you’re a big celebrity, the press is going to find out,” Michael Nourmand, president of Beverly Hills-based brokerage Nourmand & Associates Realtors , told RealTrends. The home was originally designed in 2015 by Florida-based architect Cesar Molina. There is usually more bark than bite,” Nourmand said.

Agents 370
article thumbnail

The doxing saga of Michael Arrington’s Miami mansion?

Housing Wire

If you’re a big celebrity, the press is going to find out,” Michael Nourmand, president of Beverly Hills-based brokerage Nourmand & Associates Realtors , told RealTrends. The home was originally designed in 2015 by Florida-based architect Cesar Molina. There is usually more bark than bite,” Nourmand said.

Agents 370
article thumbnail

FSBO Ethics: What to Consider When Working with FSBOs

McKissock

According to RISMedia , in 2015, the vast majority of FSBOs who couldn’t sell their homes on their own eventually listed with real estate brokerages. The house was not listed with his brokerage. However, in-person visits are legal. Why work with FSBOs? Also, see Case #12-1 for similar facts and results.