Housing Wire

APRIL 23, 2024

Every 12 years, a cosmic thing happens, and agents in all 50 states come due for their real estate continuing education (CE) and licensing renewal. Maintaining your real estate license means taking continuing education courses to fulfill your state licensing board’s requirements, and doing so before your license expires.

Real Estate 374

Real Estate Agents Best Value Design 374

Housing Wire

DECEMBER 6, 2023

Real estate transactions are rarely stress-free. This holds true for many of the most challenging situations in real estate. Legal disputes. Address other important items, including relevant contact information for support professionals, such as legal counsel, insurance providers and emergency services.

Real Estate 380

Real Estate Legal Tenants Clients 380

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State.

Real Estate 347

Real Estate Real Estate Agent Agents Brokerage 347

Housing Wire

DECEMBER 26, 2023

You’ll need to complete 75 hours of prelicensing classes to get licensed as a real estate agent in North Carolina. We’ve done the research for you, evaluating the many courses available to pinpoint the best real estate schools in North Carolina to help you pass the state exam and set you up for early career success.

Real Estate 353

Real Estate Real Estate Agent Design Law 353

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

MARCH 11, 2022

Two Myrtle Beach Century 21 franchises have filed a lawsuit against eXp Realty , alleging that eXp Realty agent Joel Barber stole profits and private real estate data during secretive, “unauthorized” late night office visits. Barber had been working for the Harrelson Group on a contract basis since March of 2017.

Real Estate 305

Real Estate Realty Real Estate Agent Legal 305

Housing Wire

MARCH 26, 2024

Three agents formerly affiliated with Keller Williams Realty — Jerri L. Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. Allegations include breach of contract and unjust enrichment, with damages sought at $250 million.

Brokerage 487

Brokerage Legal Agents Realty 487

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. Carlson cited RealTrends Verified data to illustrate how productive RE/MAX agents are. to 143,287 agents.

Agents 320

Agents Real Estate Training Buyers 320

Housing Wire

MARCH 22, 2024

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement. As of Jan. As of Jan.

Buyers 458

Buyers Contracts Real Estate Agents 458

Housing Wire

NOVEMBER 30, 2023

If you’re exploring a real estate career in Akron, Cincinnati, Cleveland, Columbus, Toledo, or any other city in the Buckeye State, then your first step is to choose from the many real estate classes in Ohio to complete the 120 hours of approved pre-licensing education that the state requires.

Real Estate 363

Real Estate Real Estate Agent Law Inspection 363

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 355

Real Estate Real Estate Agent Brokerage Agents 355

Housing Wire

NOVEMBER 16, 2023

For decades, disruptors and innovators in the residential real estate industry have been trying to chip away at the near monopoly that Realtors have had over home sales. We learned the hard way about the control that the NAR maintains over the entire residential real estate industry.

Realtors 380

Realtors Contracts Real Estate Agents 380

Raleigh Realty

FEBRUARY 24, 2022

What Does 'Under Contract' Mean in Real Estate? You've decided to buy a home and whether it's your first home or your tenth you're likely to stumble across homes that are listed as 'under contract' on the real estate listing. There are many things that take place once you go under contract on a home.

Contracts 147

Contracts Real Estate Sellers Real Estate Agent 147

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. One program has agents buying stock at the “preferred” price of $154 a share. The second-largest brokerage in the U.S.

Agents 393

Agents Brokerage Real Estate Agent Real Estate 393

The Appraiser Coach

FEBRUARY 22, 2022

What makes a contract a contract? Is it the legal prose, the professional typesetting, or the date across the top? I’m no lawyer, but my mentor once told me that. Read More.

Contracts 195

Contracts Legal Inspection Advertising 195

Housing Wire

MAY 21, 2024

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Work with a real estate professional with MLS access In non-disclosure states, the role of real estate agents becomes even more crucial.

Real Estate Agent 391

Real Estate Agent Real Estate Inspection Tools 391

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. In a similar vein, “getting listings” was the third-largest hurdle cited by agents.

Inventory 361

Inventory Agents Real Estate Sellers 361

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Real Estate 395

Real Estate Insurance Law Real Estate Agent 395

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Anywhere Real Estate just settled two of the cases for a total of $83.5

Buyers 370

Buyers Agents Loan Officers Real Estate 370

Housing Wire

APRIL 30, 2024

Under the terms of NAR’s settlement agreement, agents will have to have a written agreement with a client in order to work with them as a buyer broker. The trade group recently clarified that these agreements must be signed prior to the agent taking a buyer on a home tour.

Buyers 510

Buyers Agents Clients Realtors 510

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.

Brokerage 393

Brokerage Agents Legal Real Estate 393

Movoto

APRIL 8, 2024

After submitting an offer on a home you plan to purchase, a few things might happen – once an offer is accepted (typically, after negotiations but not always), real estate sales agreements come into effect between buyers and sellers. What Are Real Estate Sales Agreements? Should the buyer breach the contract (e.g.,

Contracts 36

Contracts Real Estate Property Taxes Legal 36

Housing Wire

SEPTEMBER 25, 2023

MV Realty operated in 33 states and has more than 500 real estate agents. The firm’s legal troubles began in late 2022 when it was sued by attorneys general in Florida , Massachusetts and Pennsylvania over its 40-year contracts.

Realty 441

Realty Real Estate Agent Legal Agents 441

Housing Wire

APRIL 5, 2024

the court “will not interpret a contract to cede a sovereign right of the United States unless the government waives that right unmistakably. By context, I mean the rest of the contract’s text. Walker concludes by writing that the DOJ “bargained for a binding contract.” Winstar Corp., NAR filed a reply brief in late July.

Realtors 536

Realtors Contracts Government Real Estate 536

Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

Buyers 341

Buyers Contracts Agents Realtors 341

Housing Wire

MAY 1, 2024

“We have the most and highest intent customers in real estate, we work with the most productive agents and we provide them with exceptional technology to make their lives more efficient,” Barton said. million real estate license holders, many handle only one or two transactions a year. Of the approximately 1.5

Agents 332

Agents Real Estate Contracts Real Estate Agent 332

Housing Wire

APRIL 4, 2024

In the past few weeks, six agents formerly affiliated with Keller Williams — Jerri L. Davis — took legal action against the real estate brokerage by filing six separate class-action lawsuits. But that policy did not impact agents who joined before April 1, 2020. Moulder, David L. Bueker, Robert E.

Brokerage 310

Brokerage Legal Agents Contracts 310

Housing Wire

MARCH 13, 2024

In their motion, the parties wrote that they “dispute the factual and legal arguments made in the DOJ’s Statement of Interest.” Preventing sellers and listing agents from setting buyer-broker commissions would promote greater price competition and innovation in the market for brokers’ services,” the DOJ argued.

Legal 384

Legal Contracts Sellers Buyers 384

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.

Real Estate 70

Real Estate Legal Law Contracts 70

Housing Wire

APRIL 17, 2024

In a writ of certiorari filed in early February, HomeServices told the Supreme Court that each of its client contracts state that the “signatories can arbitrate any claim or dispute arising out of the contract.” There is no dispute that the plaintiffs agreed to contracts that include mandatory arbitration provisions.

Contracts 354

Contracts Brokerage Law Real Estate Agent 354

Housing Wire

FEBRUARY 29, 2024

In the filing, the parties wrote that they “dispute the factual and legal arguments made in the DOJ’s Statement of Interest.” Preventing sellers and listing agents from setting buyer-broker commissions would promote greater price competition and innovation in the market for brokers’ services,” the DOJ argued.

Legal 347

Legal Contracts Sellers Buyers 347

Housing Wire

APRIL 4, 2024

Jutla notes that while Redfin no longer requires its agents to be members of NAR or local Realtor associations, all of the agents she worked with during her transactions were NAR members. She used Redfin agents for both listing and buying purposes.

Realtors 323

Realtors Agents Sellers Real Estate 323

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

Sellers 411

Sellers Buyers Real Estate Agents 411

Housing Wire

OCTOBER 23, 2023

A judgment as a matter of law is permissible if there is no legally sufficient basis for a reasonable jury to find for the nonmoving party (in this instance, the plaintiffs) on the issue. The day started with video depositions of four real estate brokerage executives.

Law 399

Law Agents Realtors Contracts 399

Housing Wire

FEBRUARY 5, 2024

In late October 2023, a Missouri jury found HomeServices of America, as well as Keller Williams and the National Association of Realtors , liable for colluding to artificially inflate real estate agent commissions. There is no dispute that the plaintiffs agreed to contracts that include mandatory arbitration provisions.

Contracts 366

Contracts Brokerage Law Real Estate Agent 366

Hank Miller Team

JANUARY 16, 2023

One of the craziest segments of the last two years was real estate. Prices and inventory of course, but the massive influx of "hobby agents" over this period was a lesser covered negative result. The number of real estate agents soared to record highs, as did buyer remorse and complaints.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Sellers 98

Housing Wire

OCTOBER 20, 2023

Ellis is a Missouri homeowner and the daughter of a 30-year real estate industry veteran. According to Ketchmark, the buyer’s agent portion of the commission on Ellis home sale accounted for 20.55% of her net equity, meaning the commissions for both agents ate up roughly 40% of the equity she had accumulated on the property.

Contracts 367

Contracts Agents Buyers Real Estate 367