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How the buyer commission lawsuits could upend the relationship between agents and LOs

Housing Wire

But three multibillion-dollar class action antitrust lawsuits looming over the real estate industry may soon reshape how buyers interact with agents. You’ve got current economic conditions that are not opportunistic for a homebuyer right now, inflation is still out there and it’s all constraining buyers’ ability to spend. “You’ve

Buyers 374
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9 tips for homebuyers in non-disclosure states

Housing Wire

Buying a home in a non-disclosure state, where sale prices are not available to the general public, presents a unique set of challenges and requires home buyers to be more proactive in gathering information. Get input from a qualified attorney Seek legal advice, especially when dealing with contractual matters.

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Going to Extremes

Appraisal Buzz

Add to this rising replacement costs and legal fees, increased government regulation, inflation, and fraud, and companies are bleeding about a billion dollars every three weeks. Areas more exposed to such risk are likely to see increased volatility in valuations.” The post Going to Extremes appeared first on Appraisal Buzz.

HOA 370
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Real Estate Appraiser: The Key to Accurate Property Valuation

Appraisal Hub

Whether you’re a homeowner, a prospective buyer, or a real estate professional, understanding the true value of a property is crucial. As a subject expert in property valuation and appraisal services in Toronto, I want to guide you through the importance of professional real estate appraisal and how it can benefit you.

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Opinion: Defendants have solid case for appeal in Sitzer

Housing Wire

So, while I make no claim as to the specific deep legal issues, I have some familiarity of antitrust actions and more in the conduct of legal actions in a courtroom. They also testified to the importance and value of the MLS as a core service that agents provide to sellers and buyers. This court ignored all those precedents.

Agents 333
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Opteon expands its direct-to-consumer appraisal offerings

Housing Wire

Opteon , a Scottsdale-based appraisal, valuation, advisory, and property services provider, has expanded its direct-to-consumer business model nationwide, the company announced on Wednesday. In 2021, Opteon acquired the appraisal firm The William Fall Group , along with Valuation Partners and Summit Valuation Solutions.

Appraisal 319
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The current REO market requires an expansion of services for business growth

Housing Wire

Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers. Legal and regulatory risk demands compliance with evolving laws and regulations, with VRM Mortgage Service’s legal and compliance departments ensuring current knowledge and implementing controls.

Business 339