Advertising Buyers Legal Sellers 
Housing Wire
MARCH 25, 2024
Cooperative compensation is still legal,” Papasan stressed. From there, the executives went on to address questions of where and how agents could advertise offers of cooperative compensation. Seller concessions is money that is being given by the seller directly to the buyer,” Papasan said.
Housing Wire
MARCH 29, 2024
Wang claims that he found the properties on his own via searches on Zillow and StreetEasy , but when he expressed interest in submitting offers, listing agents refused to engage because he was an unrepresented buyer. Wang is demanding damages and a jury trial.
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Housing Wire
MARCH 15, 2024
In addition to the $418 million settlement amount, which will be paid into a court-controlled trust over a four-year period, NAR has also agreed to abolish all rules allowing seller’s agents to set compensation for buyer’s agents. It also agreed to prohibit broker compensation appearing in the MLS fields.
Housing Wire
AUGUST 7, 2023
Things are continuing to heat up in Zillow Group’s legal battle with discount brokerage REX Homes , as the September 18, 2023, trial date looms ever closer. However, Zilly felt that Zillow had not demonstrated that REX is unable to satisfy the test for commercial advertising or promotion. On Friday, Judge Thomas Zilly, the U.S.
Housing Wire
OCTOBER 25, 2023
It’s a negotiation with the seller.” However, he said this might not be in the best interest of the seller. It’s in the best interest of the seller to have as many buyers as possible.” The seller’s agent then finds a buyer at their local church and receives a $9,000 commission.
Housing Wire
APRIL 3, 2024
CoStar has not been quiet about its goal to surpass Zillow, even running a series of advertisements during this year‘s Super Bowl to boost brand awareness. In prior notes, KBW had also referred to CoStar as the “top beneficiary” of a change to the buyer agent landscape.
Housing Wire
JULY 26, 2021
That kind of drawn-out timetable is typical for the majority of western nations that use the auctioneer system where a seller works with one, perhaps two, auctioneers. fee to the seller. Solicitors are legally required when purchasing a home in Ireland.). Home buyers like my mother and father outside the U.S. experience.
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