Housing Wire

OCTOBER 31, 2023

One option is that NAR and the MLSs can no longer require cooperative compensation, but listing agents and their sellers can still offer the buyer broker compensation if they so choose. It is a situation where buyers need to pay their own agents and sellers have to pay their agent separately?”

Real Estate 443

Real Estate Landlords Law Design 443

Housing Wire

MARCH 8, 2024

JND Legal Administration is in charge of distributing the mailers, emails and press releases. The firm was appointed as the designated settlement administrator for the suit in 2022, over a year prior to any settlement agreements being reached. It is also really important to explain that the settlements aren’t an admission of guilt.”

Agents 377

Agents Legal Realtors Clients 377

Inman

SEPTEMBER 11, 2023

The third round of layoffs in the last 12 months affects employees in 21 states, including Divvy's chief legal officer, vice president of compliance and head of design.

Legal 136

Legal Design Tools Buyers 136

Housing Wire

JANUARY 26, 2024

Lamacchia also stressed that it is impossible to claim that the system is rigged because sellers can choose how much compensation they offer the buyers’ broker, or whether they even want to offer cooperative compensation. First-time buyers barely have enough money to put down to buy a home. Department of Veteran Affairs (VA) loans.

Realtors 405

Realtors Law Agents Real Estate 405

Housing Wire

DECEMBER 26, 2023

Visit Aceable Agent Overview To design engaging, informative online Michigan real estate license courses, AceableAgent enlisted Harvard education specialists. Choose from designated dates / times and locations. Choose from designated dates / times. Choose from designated dates / times and locations.

Real Estate 366

Real Estate Real Estate Agent Design Legal 366

Housing Wire

SEPTEMBER 29, 2023

Less than three weeks out from the trial start date, plaintiffs in the Sitzer/Burnett buyer broker commission class action lawsuit filed a notice to withdraw three named plaintiffs. The two-page filing offered no explanation for the decision. “The

Brokerage 350

Brokerage Realtors Agents Design 350

Housing Wire

NOVEMBER 13, 2023

The writer in the Economist says, “…either the fat fee [real estate commission] inflates the house price, or the buyer ends up paying a similar fee when he or she sells.” This is from the Editorial Board of The Wall Street Journal, “Ninety percent of transactions offer buyer agent commissions of exactly 3%.”

Real Estate 339

Real Estate Realtors Agents Buyers 339

Housing Wire

APRIL 3, 2024

Zillow is mostly known for its practice of selling buyer agent leads through its Premier Agent program, while Homes.com has touted its “your listing, your lead” model, which focuses on seller agents. In prior notes, KBW had also referred to CoStar as the “top beneficiary” of a change to the buyer agent landscape.

Real Estate 356

Real Estate Agents Buyers Business 356

Housing Wire

APRIL 26, 2021

In order to be eligible for the full credit, potential buyers must not have owned or purchased a home within the past three years. The proposal differs from a different piece of legislation designed to give first-time, first-generation home buyers down payment assistance in the form of a grant at closing. Lawmakers, led by Rep.

Buyers 419

Buyers Legal Law Design 419

Housing Wire

OCTOBER 20, 2023

So far, week one of the Sitzer/Burnett bombshell class action antitrust buyer broker commission lawsuit has seen four of the five named plaintiffs testify in front of the jury. The buyer who chose them and who they’re working for should pay them,” Ellis said. She did a good job for him [the buyer], but I had to pay her commission.”

Contracts 370

Contracts Agents Buyers Real Estate 370

Will Springer Realtor

APRIL 10, 2024

Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M. This move, while aiming to “decouple” buyer and seller compensation, may inadvertently reduce transparency for consumers when reviewing home-sale listings.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Housing Wire

DECEMBER 7, 2021

In a legal memo, HUD stated that SPCPs are allowed under the Fair Housing Act. We must implement race sensitive policies and programs that directly address the racial wealth gap and are explicitly designed to bring opportunities to those the government and private players explicitly excluded,” Rice wrote.

Lending 410

Lending Law Design Government 410

Housing Wire

APRIL 23, 2024

When it comes to course format and content delivery, choose from Colibri’s self-paced online and instructor-led livestream courses, which are designed to allow you to study on any device with internet access and a browser. Their courses are created by active industry experts in collaboration with Harvard-educated instructional designers.

Real Estate 377

Real Estate Agents Best Value Design 377

Housing Wire

APRIL 16, 2024

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

Real Estate Agent 401

Real Estate Agent Loan Officers Real Estate Agents 401

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. We hope the court sees this suit for what it is: REX seized upon Zillow’s website design change to hide its own business failings.” On Friday, Judge Thomas Zilly, the U.S.

Advertising 281

Advertising Law Brokerage Sellers 281

Housing Wire

MAY 24, 2021

We are adding resources to engineering, security and trust, product, industry relations, legal, compliance and more. We’re proud of the technology we’ve developed to help homeowners and buyers in this challenging time, and grateful for this opportunity to amplify our services and impact,” said Stavvy Cofounder Josh Feinblum.

Technology 351

Technology Lending Investors Modernization 351

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 396

Real Estate Insurance Law Real Estate Agent 396

Housing Wire

MAY 23, 2023

This new development is being propelled by an alleged Fannie Mae “request” that, according to industry sources, was made recently of several lenders active as buyers in M&A deals. The seller continues to have an obligation to manage their company that they still own after an asset deal,” one industry source explained.

Buyers 338

Buyers Sellers Finance Contracts 338

Housing Wire

NOVEMBER 5, 2023

Real estate prospecting is a necessary activity for agents aiming to build a robust pipeline of buyer and seller leads. However, it often yields quicker results as it entails direct engagement with potential buyers and existing property owners. Advertising costs money, and is specifically designed to reach your ideal clients.

Real Estate 387

Real Estate Tools Real Estate Agent Open Houses 387

Housing Wire

JANUARY 27, 2022

For your average Joe or Jane buyer, this level of privacy protection may seem a bit excessive, but Nourmand says that these types of precautions are pretty standard when dealing with high-profile clients. The home was originally designed in 2015 by Florida-based architect Cesar Molina. million, according to property records.

Agents 297

Agents Real Estate Real Estate Agent Realty 297

Housing Wire

JULY 7, 2021

MAM emerged as the buyer of servicer Reverse Mortgage Solutions (RMS) in 2019, buying the company and its portfolio from its former parent Ditech Holding Corporation after a protracted, court-supervised process. The buyer , recent history in reverse.

Mortgage 381

Mortgage Property Taxes Insurance Business 381

Housing Wire

JANUARY 31, 2022

For your average Joe or Jane buyer, this level of privacy protection may seem a bit excessive, but Nourmand says that these types of precautions are pretty standard when dealing with high-profile clients. The home was originally designed in 2015 by Florida-based architect Cesar Molina. million, according to property records.

Agents 290

Agents Real Estate Real Estate Agent Realty 290

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. In the case of an impasse, contingencies allow buyers to renegotiate or back out of the sale without penalty.

Contracts 36

Contracts Real Estate Property Taxes Legal 36

Appraisal Buzz

SEPTEMBER 26, 2022

They found liar buyers. It says buyer and seller are: Prudent and knowledgeable. I forced myself to look beyond habit, beyond assumptions, and beyond my support of groupthink — beyond even my certifications, licenses, credentials, and designations. buyer and seller are avariciously motivated; biased. Typically motivated.

Market Value 321

Market Value Sellers Buyers Finance 321

Raleigh Realty

FEBRUARY 4, 2022

What is Dual Agency in Real Estate and Should you Avoid it Most buyers and sellers are familiar with how listing agents and buyer’s agents work which leads us to the question of what is dual agency in real estate? My first transaction as a Real Estate Agent was as a dual agent representing both the buyer and the seller.

Real Estate 148

Real Estate Real Estate Agent Sellers Agents 148

Boston Appraisal

SEPTEMBER 22, 2020

The use of a property must be… Legally Permissible. The goal of the real estate appraiser is to identify the use of the property that will be the absolutely most profitable use within legal, physical and financial boundaries. Legally Permissible. In some cases, an existing zoning designation may allow for a change in use.

Legal 148

Legal Real Estate Retail Development 148

Will Springer Realtor

AUGUST 11, 2023

As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S. An index score of 100 means that a buyer with a median U.S. All this, while we prepare to experience in a few years the largest wave of potential home-purchase demand in our nation’s history.

Buyers 36

Buyers Development Construction New Listings 36

Housing Wire

AUGUST 16, 2023

In certain parts of the Phoenix AMA that do not have a designated water provider, builders and developers need a certificate of AWS to obtain a building permit. The homes out there do tend to be more affordable though, so that is probably going to hurt some first time home buyers.” million residents.

Construction 307

Construction Agents Development Real Estate Agent 307

Housing Wire

OCTOBER 18, 2022

which is wider than it was in 1960, before the Fair Housing Act was passed and while race-based housing discrimination was still legal. The report found a 30-percentage point gap in homeownership between Black and white households in the U.S., Chart provided by Racial Equity Accelerator for Homeownership.

Lending 381

Lending Mortgage Legal Design 381

The Robert Weiler Company

SEPTEMBER 19, 2022

A simple conservation easement definition is a legal contract to protect private land, permanently. A contract between the landowner and the buyer is legally binding. The land can also be taxed because the buyer privately owns the property. A land trust is a legal entity that assumes ownership of purchased property.

Easement 148

Easement Legal Government Contracts 148

Housing Wire

JANUARY 27, 2022

NFIP provides over five million policies, according to CRS, in jurisdictions that meet federal criteria on building, design standards, and risk index. But Fannie Mae , the government-sponsored entity that backstops a significant portion of the country’s mortgages, does not seek an exception to the 1974 Federal Privacy Act.

Insurance 340

Insurance Government Law Real Estate Agent 340

D Fritz Appraisals

NOVEMBER 16, 2023

A home appraisal is a legal document that determines fair market value for a property. Appraisals are not only important for the house-buying process, but they are also used for financial loans, property tax appeals and some legal processes. Does the land have subdivision potential or is the home designated a heritage property?

Appraisal 103

Appraisal Appraisal Process Legal Inspection 103

Housing Wire

OCTOBER 25, 2023

It has been an eventful and drama-filled 24 hours in Kansas City, Missouri, for the Sitzer/Burnett class-action antitrust buyer broker commission lawsuit. On Tuesday afternoon, after the National Association of Realtors finished its defense, HomeServices of America took the floor.

Sellers 334

Sellers Realtors Real Estate Design 334

Empire Appraisal Group

DECEMBER 28, 2022

If you can legally add an accessory dwelling unit (ADU), should you? In California, homeowners have a legal right to build ADUs, and local governments aren’t supposed to create barriers to getting permits. And converting an existing attic, basement or garage might deter buyers who would rather have those spaces untouched.

Law 78

Law Legal Construction Property Taxes 78

Housing Wire

OCTOBER 19, 2023

The third day of the highly consequential Sitzer/Burnett class action buyer broker commission lawsuit included a deep dive into the training materials used by various brokerages and the testimony of three of the named plaintiffs. Ketchmark countered this with the fact that nothing on the slides designated things as a model.

Training 369

Training Agents Real Estate Brokerage 369

McKissock

MAY 15, 2023

Don’t assume that because you know real estate from an appraiser’s perspective, that you can represent buyers or sellers successfully.) An online legal team such as Rocket Lawyer can provide templates for various legal documents, as well as personalized legal advice, for a monthly fee—usually less than $100.

Business 71

Business Appraisal Advertising Real Estate 71

Boston Appraisal

SEPTEMBER 22, 2020

The use of a property must be… Legally Permissible Physically Possible Financially Feasible Most Productive The goal of the real estate appraiser is to identify the use of the property that will be the absolutely most profitable use within legal, physical and financial boundaries. The land was selling for $1,000 per front foot.

Legal 78

Legal Real Estate Retail Development 78