Housing Wire

DECEMBER 8, 2023

Originally filed in late November, the Phillips lawsuit accuses real estate industry players of colluding to artificially inflate real estate agent commissions. This week alone two new lawsuits were filed in Florida and Pennsylvania.

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Housing Wire

MARCH 28, 2024

Originally filed in March 2019, the Moehrl lawsuit alleges that real estate industry participants including HomeServices, the National Association of Realtors (NAR), Anywhere , RE/MAX and Keller Williams conspired to artificially inflate real estate agent commissions.

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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. 27, 2019, and the present.

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Housing Wire

SEPTEMBER 16, 2024

Like all of the other settlements so far, plaintiffs’ attorneys in the ongoing real estate agent commission lawsuits have asked a court for one-third of the settlement amounts agreed to by the National Association of Realtors (NAR) and HomeServices of America. 31, 2024, the attorneys claimed.

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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. 22, 2019, and the present.

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Housing Wire

NOVEMBER 7, 2023

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. Reffkin cited the Seattle market as reason for optimism.

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Housing Wire

JANUARY 11, 2024

The proposed class for the suit includes all persons that sold residential real estate in REBNY Brooklyn using the services of one of the defendants and paid a buyer broker commission from Dec. 29, 2019, to the present. The suit was filed in late December in U.S.

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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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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.

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Housing Wire

NOVEMBER 14, 2023

The lawsuit accuses its 29 defendants of colluding to artificially inflate real estate agent commissions. 13, 2019, to the present. The lawsuit was filed on Monday by plaintiffs QJ Team, LLC. , a Texas-based homebuilder, and Five Points Holdings, LLC. , a holding company headed by DS News founder Mark Hulme, in the U.S.

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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.

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Housing Wire

APRIL 28, 2022

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. million last year, but higher than any year between 2010 and 2019. We take it seriously, and we’ve got an experienced legal team.”.

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Housing Wire

NOVEMBER 17, 2021

By then teams were becoming commonplace, and brokerages like Keller Williams were building significant training and organizational resources around teams, while Compass was building a consumer-facing brand partly based on a team typically led by a prominent local agent. in 2020 over 2019. in 2020 over 2019. The result?

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Real Estate Brokerage Agents Advertising 388

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?

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Real Estate Brokerage Sellers Law 430

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. A home seller plaintiff in California filed an antitrust lawsuit on Friday in U.S.

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Cleveland Appraisal Blog

SEPTEMBER 21, 2023

I was diving into the PropTech industry and learning about the verticals and then in January 2019, the app was launched. The technology enables quick and accurate floor plan calculations, which are crucial for various aspects of the real estate industry, including property valuations, marketing materials, and legal documentation.

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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 441

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.

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Real Estate Brokerage Property Management Buyers 331

McKissock

DECEMBER 8, 2020

The deadline for the 2020 State of the Real Estate Profession survey is December 14th. Just like we did for last year’s 2019-2020 Real Estate Agent Income Guide , once again we’re surveying agents from across the United States to better understand how they go about their business and what it means to their bottom line.

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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.

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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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Housing Wire

APRIL 12, 2023

Olufolajimi Abegunde, a Nigerian citizen living in Atlanta, and Javier Luis Ramos-Alonso, a Mexican citizen living in Seaside, California, were each convicted in 2019 in federal court in Tennessee of participating in a sophisticated international email-hacking scheme that bilked its targets out of hundreds of thousands of dollars.

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Real Estate Government Technology Real Estate Agent 388

Housing Wire

OCTOBER 4, 2024

LACERS has been an eXp shareholder since 2019, while the Pennsylvania pension fund joined on 2021. Defendants chose to cover up this sexual misconduct, allowing it to continue and endangering the safety of the real estate agents who make up the lifeblood of the Company.

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Real Estate Agent Real Estate Agents Law 417

Lamacchia Realty

JULY 10, 2023

Disclosing Infected Drywall While sellers are legally obligated to disclose any obvious defects to the house, there’s no guarantee that they will always be completely truthful, especially when it comes to issues like toxic drywall. These are all things that should be discussed during negotiations.

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Appraisal Today

JULY 29, 2022

57 Weird Real Estate Agent Photos. Excerpt: Yes, many great real estate photos really capture the house. More Terrible Real Estate Agent Photos for Appraisers. The post Weird Real Estate Agent Photos for Appraisers appeared first on Appraisal Today. Humor for Appraisers.

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Real Estate Agent Real Estate Appraisal Agents 52

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 post Lawsuit claims Compass defrauds agents appeared first on HousingWire.

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Houston Properties

JANUARY 13, 2021

From March to November of 2020, Americans made $1 trillion more than they did from March to November of 2019. National Association of Houston Realtors Research Group: 2019 Home Buyers and Sellers Generational Trends Report. The 3 R’s Of Real Estate And The Economy (2021 Market Forecast) by Ted C. Jones, PhD.

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Housing Wire

AUGUST 16, 2023

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. Despite rising home costs and dwindling inventory, some local real estate agents who spoke with HousingWire said they weren’t overly concerned about the building ordinance. “No

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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 Law Agents 54

Raleigh Realty

SEPTEMBER 2, 2022

That said, every real estate purchase is different., That’s why it's always best to consult with your real estate agent or closing attorney to get an estimate of what you can expect to pay in closing costs. And in 2019, North Carolina put a hard cap on how much lenders could charge.

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Appraisal Today

JUNE 14, 2024

Here, celebrities “slum it” in mobile homes to be close to some of the most expensive real estate in the world. In 2019, fashion maven Betsey Johnson sold her small pink house here for $1.9 You do a blog to get more non-lender business, especially from real estate agents.

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Quicken Loans

JUNE 10, 2021

Because April 2020 was in the teeth of the pandemic shutdowns, it’s more fair to look at April 2019. If you compare that to April 2019, the pace was only 673,000 sales. This is slightly faster than the pace we found ourselves on in April 2019 when there were 1.312 million completions to go with 1.235 million starts.

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Real Estate Marketing Construction Clients 38

Clear Capital

NOVEMBER 30, 2021

But one thing that jumped out at us because of course, we talk about real estate, fintech, which includes the wonderful world of proptech. billion has been invested in terms of funding in 2021, which exceeds the previous record in 2019 of $9 billion when extra $0.5 So there’s this real estate agent, right?

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Housing Wire

DECEMBER 7, 2020

In 2019, White families had 8 times the wealth of Black families ($188,000 vs. $24,100), and five times more wealth than Hispanics ($36,100). With home equity accounting for a quarter of total U.S. The typical agency financed nearly 3,000 loans that averaged about $7,200 in DPA, amounting to about 4.5% of the average home price.

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