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. Its agents also offer buyer broker compensation.

Real Estate 409

Real Estate Sellers Realtors Real Estate Agent 409

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.

Real Estate 404

Real Estate Realtors Realty Buyers 404

Housing Wire

NOVEMBER 7, 2023

million after the brokerage paid its commissions and related expenses. Compass agents are more likely to work in upper-echelon markets where buyers and sellers would work with agents, he said. Compass also requires their agents to ensure buy-side clients sign buyer-broker agreements. Revenue was revised down to $241.20

Agents 353

Agents Real Estate Agent Realtors Brokerage 353

Housing Wire

NOVEMBER 1, 2023

The new lawsuit, known as Gibson after its lead plaintiff, accuses the National Association of Realtors , Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman , of conspiring to inflate real estate agent commissions. How big could this case be?

Real Estate 405

Real Estate Brokerage Sellers Law 405

Housing Wire

JANUARY 11, 2024

District Court in New York by Robert Friedman, a resident of Brooklyn who sold a property in Park Slope in May 2021 with the help of a Douglas Elliman agent. 29, 2019, to the present. The suit was filed in late December in U.S. A spokesperson for REBNY wrote in an email that the group was still reviewing the complaint.

Real Estate 395

Real Estate Sellers Real Estate Agent Agents 395

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.

Real Estate 464

Real Estate Realtors Realty Real Estate Agent 464

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. 4, 2019 and the present. More home sellers on the East Coast are getting in on the commission lawsuit action.

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Realty Realtors Brokerage Real Estate 420

Housing Wire

APRIL 28, 2022

Residential real estate brokerages will not do as well in 2022 as they did in 2021, but let’s not get carried away. billion in quarterly revenue, but the vast majority of that is from home sale commissions, which largely are returned to the company’s independent contractor real estate agents.

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Mortgage Brokerage Agents Real Estate Agent 351

Housing Wire

DECEMBER 20, 2023

had no involvement in the issuance and or enforcement of NAR rules and that it did not impose those rules, including the Cooperative Compensation Rule, upon its franchisee brokerages or their affiliated independent contractor agents,” attorneys for Keller Williams wrote in the motion that both NAR and HomeServices joined.

Real Estate 349

Real Estate Sellers Realtors Brokerage 349

Housing Wire

DECEMBER 12, 2023

District Court for Northern California, accusing the real estate industry of colluding to artificially inflate real estate agent commissions. 8, 2019, and the present. Of the brokerage defendants, eXp and Keller Williams were the only firms to comment on the new suit.

Realtors 435

Realtors Sellers Buyers Real Estate 435

Housing Wire

NOVEMBER 3, 2023

The lawsuit, which was originally filed in 2019 and won class-action status in April, alleges that some NAR rules, including one that requires listing brokers to offer buyer brokers a commission to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.

Real Estate 305

Real Estate Brokerage Buyers Property Management 305

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.

Real Estate Agent 424

Real Estate Agent Loan Officers Real Estate Agents 424

Housing Wire

AUGUST 3, 2023

Originally filed in 2019, the lawsuit won class-action status shortly after, and alleges that some NAR rules, including one that requires listing brokers to offer buyers’ brokers a commission in order to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.

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Realtors Real Estate Buyers Sellers 334

Housing Wire

MAY 3, 2021

Compass defrauded its real estate agents out of millions of dollars in sales commissions and broke pledges to give agents shares of stock, according to a new lawsuit that seeks class-action status. The second-largest brokerage in the U.S.

Agents 393

Agents Brokerage Real Estate Agent Real Estate 393

Housing Wire

AUGUST 16, 2023

Greg Vogel, the founder and CEO of Land Advisors , a Scottsdale-based land brokerage, had some stronger words about the analysis and the building ordinance. On August 4, 2023, 5,259 single family homes were for sale in Maricopa County, down from 11,890 homes on August 9, 2019, according to data from Altos Research.

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Construction Agents Development Real Estate Agent 331

Hood Homes Blog

SEPTEMBER 23, 2019

Updated 9/23/2019; Originally published 4/9/2018. Unlike the listing agreement and other documents, the real estate agent is strictly prohibited from filling out a disclosure on the seller’s behalf. Failure to disclose a property condition can easily turn into a legal issue, even long after the closing.

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Inspection Sellers Agents Law 54