Housing Wire
OCTOBER 19, 2023
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. Gorman was also questioned about the training materials used at Anywhere Brands. Co-opetition.’”
Housing Wire
OCTOBER 26, 2023
During plaintiff lead attorney Michael Ketchmark’s cross examination of Warner, he presented her with some statistics showing that HomeServices affiliated agents in four Missouri markets paid buyer broker commissions of roughly 3% in at least 88% of the transactions completed between 2015 and 2022. They were not set commissions,” Wilson said.
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Housing Wire
OCTOBER 12, 2022
The integration also aims to tackle the payment procedure during a real estate closing, in which several parties receive payments through sources like broker/agent commissions, underwriter fees, title search fees, taxes, payoffs and seller proceeds. According to the Federal Trade Commission (FTC), check fraud has increased by 65% since 2015.
Housing Wire
DECEMBER 7, 2023
Editor in Chief Sarah Wheeler sat down with Tom Cronkright, co-founder and executive chairman of CertifID and CEO of Sun Title , to talk about battling the latest frauds and scams as bad actors leverage a new arsenal of tech tools to wreak havoc on buyers and sellers of real estate. And the seller net proceeds continue to be a target.
Housing Wire
JULY 12, 2022
The company, which employs about 17 people, was founded in 2015, and is one of those approved to provide the Freddie Mac data report for its new remote inspection program. The seller accepts it; they go into contract. Freddie Mac requires data collectors to be trained, but that training need not be in person.
Housing Wire
DECEMBER 27, 2021
In 2015, according to RealTrends data, gross margins were at 16.4% But we think that leading brokerage companies, or market-share leaders, will need to incorporate and embed these services in their everyday offerings to buyers and sellers,” Murray said. With that, comes a whole new level of skill, implementation and training.
Lamacchia Realty
MAY 12, 2023
He has also assisted with some of the intricacies and remaining finite details that were involved in converting the company from a team model to a brokerage model, a process that began in 2015. Lamacchia Realty has been serving buyers and sellers since 2006.
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