Housing Wire

JUNE 10, 2024

Oren Alexander, a top real estate broker and co-founder of the Side-brokered firm Official Partners , along with his twin brother, Alon Alexander, have been accused of raping at least two women in New York. The two lawsuits were filed in March 2024 and were first reported by The Real Deal. The defendants have until Aug.

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Real Estate Law Legal 296

Housing Wire

FEBRUARY 16, 2024

A second home seller in Nevada has filed a lawsuit alleging that real estate industry players in the state have colluded to artificially inflate real estate agent commissions. The first commission lawsuit in Nevada was filed by Nathaniel Whaley in early January 2024. 16, 2020, and the present.

Real Estate 386

Real Estate Realtors Realty Brokerage 386

Housing Wire

NOVEMBER 30, 2023

District Court in Chicago indicated this past spring that the trial in the Moehrl commission lawsuit would take place during the first half of 2024. During the hearing, Wood stated that she would be able to “try the case likely in the fourth quarter of 2024.” Ray’s point that this case should stand on its own.”

Legal 391

Legal Sellers Realtors Law 391

Housing Wire

NOVEMBER 14, 2023

And based on Judge Stephen Bough’s latest filing, it doesn’t appear the real estate industry will have definitive answers any time soon. 26, 2024, to file oppositions to the defendants’ motions and then the defendants have until March 18, 2024, to file their responses. From there, the plaintiffs have until Feb.

Real Estate 336

Real Estate Realtors Agents Buyers 336

Housing Wire

JANUARY 11, 2024

Getting your real estate license in California can take as little as 7.5 We’ll show you how to get a real estate agent in California, taking you through the process step-by-step. You’ll begin by fulfilling the required 135 California real estate course hours. You can save 30% using promo code HW30.

Real Estate 339

Real Estate Real Estate Agent Agents Law 339

Housing Wire

NOVEMBER 30, 2023

Wondering how to get a real estate license in Ohio in 2024? Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. How long does it take to get a real estate license in Ohio?

Real Estate 364

Real Estate Real Estate Agent Brokerage Agents 364

Housing Wire

JANUARY 29, 2024

Two days after The PLS.com and three of the nation’s largest multiple listing services notified the court they had reached a settlement in their ongoing legal battle, the listing site filed a motion to dismiss the only remaining defendant, the National Association of Realtors , without prejudice. The original lawsuit was dismissed in Feb.

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Legal Real Estate Agents Realtors 364

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Brokerage 370

Housing Wire

MARCH 26, 2024

Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. The new policy is supposed to be implemented on or before July 1, 2024. “On This change will not affect agents that retire or leave the real estate brokerage business.

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Brokerage Legal Agents Realty 487

Housing Wire

APRIL 15, 2024

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey.

Inventory 369

Inventory Agents Real Estate Sellers 369

Housing Wire

FEBRUARY 13, 2024

Nationwide, one in every 4,236 housing units had a foreclosure filing in January 2024. “We We observed a slight uptick in foreclosure filings, which may be partially attributed to the typical post-holiday progression of filings through the legal system,” Rob Barber, CEO at Attom, said in a statement. In total, 33,270 U.S.

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Legal Real Estate Marketing Mortgage 465

Housing Wire

APRIL 23, 2024

CoStar Group reported a strong first quarter of 2024, with its revenue of $656 million marking a 12% increase from the $584 million figure it posted in first-quarter 2023. During CoStar’s earnings call on Tuesday, Florance insisted that consumers and advertisers prefer a real estate portal with digital twins. “We

Real Estate 290

Real Estate Advertising Legal Brokerage 290

Housing Wire

MAY 2, 2024

The new policy is supposed to be implemented on or before July 1, 2024. In February 2020, KW introduced a more restrictive policy to its profit-sharing program. Also, former KW agents who have retired or left the industry altogether will retain their full profit-share distribution.

Agents 384

Agents Brokerage Legal Real Estate 384

Housing Wire

MARCH 8, 2024

If you sold a home and paid a commission to a real estate agent, you may be part of class action settlements,” the postcards read. JND Legal Administration is in charge of distributing the mailers, emails and press releases. If recipients wish to opt out or object they must do so by April 13, 2024.

Agents 381

Agents Legal Realtors Clients 381

Housing Wire

NOVEMBER 8, 2023

Current legislative proposals would require states to “mandate a real estate-related disclosure form with specific flood-related questions,” which would require 49 states to “make significant amendments to its laws and regulations” leading to an administrative and enforcement burden, NAR said.

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Legal Law Insurance Real Estate 320

Housing Wire

APRIL 22, 2024

In the past few weeks, 12 agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, Penny Alper, Jana and Dennis Caudill, Eric Mendoza, Jack Levine and John Exnicios — took legal action against the real estate brokerage by filing a host of class-action lawsuits.

Agents 352

Agents Brokerage Legal Real Estate 352

Housing Wire

MAY 3, 2024

17, 2024, according to a letter sent to members on Friday by NAR chief legal officer Katie Johnson. 16, 2024, to implement policy changes and be considered as released parties, although Johnson and NAR recommend that all of the MLSs that choose to opt in should implement them by Aug.

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Sellers Legal Buyers Realtors 434

Lamacchia Realty

MAY 6, 2024

WHY YOU NEED A REAL ESTATE ATTORNEY WHEN BUYING A HOME When buying a home, you might wonder, “Do I need a real estate attorney, or is my real estate agent enough?” Before we dive into the details, let’s talk about what services a real estate attorney can provide.

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Real Estate Legal Law Contracts 67

Housing Wire

APRIL 15, 2024

In the past few weeks, 11 agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, Penny Alper, Jana and Dennis Caudill, Eric Mendoza and Jack Levine — took legal action against the real estate brokerage by filing seven separate class-action lawsuits.

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Brokerage Legal Agents Real Estate 347

Housing Wire

FEBRUARY 16, 2024

NAR’s insurance policy is tapped out, and there are no funds available for REALTOR Associations and MLSs for legal defense costs,” Hahn wrote. As copycat suits continue to pile up, it is clear that this issue will not be disappearing anytime soon, and that legal costs for Realtor associations and MLSs will only increase.

Insurance 544

Insurance Realtors Legal Design 544

Housing Wire

APRIL 9, 2024

In the past few weeks, seven agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, and Penny Alper — took legal action against the real estate brokerage by filing seven separate class-action lawsuits.

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Brokerage Agents Legal Real Estate 400

Housing Wire

FEBRUARY 12, 2024

The CE Shop offers convenient online real estate courses in 45 states, and these can be completed at your own pace. In business for close to two decades, The CE Shop offers real estate exam prep, continuing education, and broker licensing courses, plus programs for prospective mortgage and appraisal professionals.

Real Estate 359

Real Estate Agents Design Real Estate Agent 359

Housing Wire

NOVEMBER 20, 2023

RE/MAX and Anywhere Real Estate can breathe a sigh of relief. “Our efforts to resolve these claims remove future uncertainty and legal expense for Anywhere, our franchisees, and affiliated agents as, together, we focus on serving home buyers and sellers as they move to what’s next,” Schneider said in a statement.

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Legal Real Estate Agents Realtors 369

Housing Wire

APRIL 16, 2024

The second Batton suit was filed in November 2023, just days after the jury verdict in the Sitzer/Burnett suit was announced, and the defendants include Compass , eXp World Holdings , Redfin , Weichert Realtors, United Real Estate , Howard Hanna and Douglas Elliman.

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Real Estate Realtors Law Legal 333

Housing Wire

MARCH 7, 2024

District Court of Nevada in early January 2024, the Whaley suit (like other commission lawsuits) accuses real estate industry players of colluding to artificially inflate agent commissions. In late January, however, Whaley filed an amended complaint that added Opendoor and 14 other real estate firms to the suit.

Realty 345

Realty Real Estate Realtors Brokerage 345

Housing Wire

MARCH 31, 2023

Boston-based Notarize will soon finally be able to execute a digital real estate closing in its home state of Massachusetts. Governor Maura Healey on Wednesday signed legislation legalizing remote online notarizations ( RON ) to all notaries in the commonwealth. The law goes into effect on January 1, 2024.

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Law Legal Real Estate Technology 318

Real Estate News

DECEMBER 23, 2023

The massive trade organization showed cracks in the foundation as it confronted harassment allegations from the inside and legal threats from the outside.

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Legal 235

Housing Wire

JANUARY 8, 2024

31, 2023, when a Missouri jury found the National Association of Realtors , HomeServices of America , and Keller Williams liable for colluding to artificially inflate real estate agent commissions, to prepare and file these motions. The parties had since Oct. HomeServices of America filed three post-trial motions Monday evening.

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Law Real Estate Real Estate Agent Legal 323

Housing Wire

APRIL 4, 2024

Davis — took legal action against the real estate brokerage by filing six separate class-action lawsuits. The new policy is supposed to be implemented on or before July 1, 2024. In the past few weeks, six agents formerly affiliated with Keller Williams — Jerri L. Moulder, David L. Bueker, Robert E. On Wednesday, Penny B.

Brokerage 317

Brokerage Legal Agents Contracts 317

Housing Wire

MAY 3, 2024

RE/MAX executives were not shy about acknowledging the uncertainty that is currently plaguing the real estate industry during the firm’s first-quarter 2024 earnings call with analysts and investors Friday morning. Year over year, RE/MAX’s total agent count in Q1 2024 was down 0.2% to 143,287 agents. million in Q1 2023.

Agents 329

Agents Real Estate Training Buyers 329

Housing Wire

MAY 8, 2024

Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate environment. “In Year over year , Compass gained 26 basis points of market share, bringing its total share of home sales in Q1 2024 to 4.76%. We are a company of top agents.”

Agents 364

Agents Brokerage Real Estate Clients 364

Housing Wire

JUNE 10, 2024

A day prior to the hearing, the Batton plaintiffs filed a motion for a temporary restraining order and preliminary injunction, seeking to prevent the three real estate firms from filing a proposed order granting final approval of their settlement agreements. Judge Andrea R.

Sellers 358

Sellers Real Estate Agents Realtors 358

Housing Wire

JANUARY 10, 2024

In the trade organization’s motion for a new trial, it claimed that “the previous trial resulted in a miscarriage of justice through a verdict against the weight of the evidence, an excessive damage award, and legal errors at trial.” As detailed in our briefing, we believe we have solid grounds for our continuing objections to the verdict.”

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Legal Law Realtors Brokerage 324

Housing Wire

APRIL 17, 2024

Nearly half (48%) of a $65 billion portfolio of loans processed during the first quarter of 2024 contained vulnerabilities to wire and title fraud , according to a report released Wednesday by FundingShield. The portfolio of loans examined included residential, commercial investor and business purpose loans. of transactions.

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Insurance Agents Tools Legal 426

Housing Wire

NOVEMBER 1, 2023

In his remarks about the suit, Barton said Zillow is a strong supporter of free, fair and transparent access to real estate information, independent representation, and transparent and negotiable agent commissions. The real estate behemoth recorded $496 million in revenue, an increase of 3% year over year.

Real Estate 425

Real Estate Advertising Agents Realtors 425

Housing Wire

NOVEMBER 10, 2023

It appears that no real estate brokerage firm in the U.S. District Court in the Southern District of New York, alleging that Real Estate Board of New York rules governing the multiple listing service in Manhattan kept commissions high and violated state and federal antitrust laws. is safe from a commission lawsuit.

Real Estate 439

Real Estate Brokerage Sellers Law 439

Appraisal Today

JUNE 7, 2024

CFPB Crackdown: Unfair Practices Hurting Consumers This includes Appraisal payments to appraisers by AMCs by Josh Tucker, June 5, 2024 Comments must be received on or before August 2, 2024 Excerpts: As we all know many AMCs are not paying Customary & Reasonable fee as required by TILA. NOTE: THE SEARCH WAS NOT WORKING ON JUNE 6.

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Appraisal Insurance Contracts Business 64