Housing Wire

MARCH 8, 2024

It was mid-February when clients, family and friends began asking Jason Posnick about strange postcards appearing in their mailboxes. JND Legal Administration is in charge of distributing the mailers, emails and press releases. Thanks to Lisa Chinatti, the broker-owner at Chinatti Realty Group , he was not completely caught off guard.

Agents 417

Agents Legal Realtors Clients 417

Housing Wire

MARCH 14, 2024

Hello Divorce , a platform that provides legal assistance to couples in the process of divorce, has introduced a new service, HomeSplit, to help individuals navigate the process of dividing their home’s financial assets. They can also benefit from expert guidance from real estate professionals who specialize in divorce cases.

Real Estate 442

Real Estate Legal Modernization Clients 442

Housing Wire

DECEMBER 6, 2023

Consider the residential client disappointed at the lack of inventory , or the commercial investor with many vacancies in a once-thriving property. Communicate effectively with clients Proactive communication — answering the question before it’s asked, or offering solutions to impending problems — is key. Legal disputes.

Real Estate 406

Real Estate Legal Tenants Clients 406

Housing Wire

FEBRUARY 16, 2024

Keeping in compliance and satisfying the legal requirements of referrals can be a consuming process, but MLS Match really cuts down on the time and creates a win-win scenario. The platform ensures legally binding referrals and secure sharing of client’s information.

Agents 372

Agents Legal Tools Technology 372

Housing Wire

APRIL 15, 2024

Some agents also reported that they show their seller clients what other sellers in the area were offering in terms of buy-side commissions. “I I would highlight that the real estate industry operates within legal frameworks and regulations to ensure fairness and transparency in transactions. “I

Inventory 404

Inventory Agents Real Estate Sellers 404

Housing Wire

JULY 19, 2023

Over the past year or so, we have seen an uptick in questions relating to commission disputes between brokers and their clients. A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract. A seller-client cancels a listing.

Real Estate 326

Real Estate Legal Brokerage Clients 326

Housing Wire

MARCH 18, 2024

million to Black Knight Servicing Technologies , concluding a five-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry. When announcing earnings in early February, company executives commented on the legal battle. PennyMac Financial Services has paid $158.4

Legal 375

Legal Contracts Technology Development 375

Housing Wire

MARCH 14, 2024

Legal experts told HousingWire that it is rare to see the Fed offer an opinion about an ongoing legal debate, as it typically does not want viewed as an influence on court decisions. Grochulski and Wang reached this conclusion after creating and analyzing a mathematical model of home searches and purchases in the U.S. housing market.

Agents 400

Agents Legal Real Estate Agent Buyers 400

Housing Wire

FEBRUARY 15, 2024

United Wholesale Mortgage (UWM) has accused California-based brokerage and correspondent lender Mortgage Solutions FCS, dba Client Direct Mortgage, of breaching its early payoff (EPO) provision and its owner, Ramon Walker, of trademark infringement. UWM filed a lawsuit in a U.S. district court in Michigan on Wednesday. UWM is the largest U.S.

Mortgage 318

Mortgage Legal Advertising Loan Officers 318

Housing Wire

NOVEMBER 9, 2023

The verdict runs contrary to what we all know about the value we bring not only to our clients but to the functioning of a buyer-seller real estate market more generally,” Kasper said. As she has stated previously, NAR plans to appeal the verdict and that Sitzer/Burnett saga is far from over.

Agents 425

Agents Legal Sellers Clients 425

Inman

MAY 17, 2023

At the Realtors Legislative Meetings, NAR attorney Charlie Lee stressed agents can't count on a "standard" commission and will have to negotiate compensation with clients and listing brokers.

Legal 153

Legal Realtors Clients Agents 153

Housing Wire

APRIL 29, 2024

The settlement agreement reflects Douglas Elliman’s commitment to mitigating future uncertainties and limiting legal costs, which will benefit our Company, agents and stockholders,” Howard M. In addition to the monetary settlement, the firm has also agreed to change certain business practices as part of the settlement agreement.

Brokerage 397

Brokerage Agents Legal Realty 397

GoForrmz

JANUARY 27, 2023

These digital forms can instantly gather information from clients, patients, and customers using any mobile device. With GoFormz, you can download our free Client Intake Form to start gathering information in minutes! Client information can be automatically checked for errors and inconsistencies.

Clients 78

Clients Modernization Legal Technology 78

Housing Wire

NOVEMBER 9, 2023

The heightened consumer protection focus from government agencies, combined with the Department of Justice’s ongoing legal feud with the National Association of Realtors and its recent involvement in the Nosalek commission lawsuit , has many in the industry expecting that the DOJ will get involved in the Sitzer/Burnett suit, and potentially others.

Legal 384

Legal Real Estate Real Estate Agent Law 384

AmeriMac

AUGUST 6, 2023

When it comes to maximizing your legal strategy, leveraging litigation support services can be a game-changer. In this blog, we will dive deep into the world of litigation support and explore its key aspects and impact on legal cases. Corporate services provide expert testimony and research, saving time and resources for legal teams.

Legal 36

Legal Technology Law Clients 36

Housing Wire

JULY 21, 2023

. “We have an unwavering commitment to our clients to provide the utmost client service experience,” said Wu. “Compass is where we feel we need to be to fulfill that promise.”

Brokerage 316

Brokerage Legal Clients Real Estate 316

Housing Wire

SEPTEMBER 25, 2023

“Partnering with The Work Number from Equifax demonstrates our dedication to streamlining verification processes and improving the overall experience for our clients,” Jim Dunham, president and general manager at IRIS Americas, said in a statement.

Legal 434

Legal Business Government Tools 434

Housing Wire

FEBRUARY 28, 2024

According to the CFA, provisions in these contract that allow buyers agents to continue to contact listing agents and ask for additional compensation from the seller beyond what the agent negotiated with their buyer client would result in commission rates staying at their current level.

Buyers 391

Buyers Contracts Agents Realtors 391

McKissock

JULY 6, 2022

The reality, however, is many agents struggle to properly set and manage the client’s expectations of how the chaos is going to work and how the process is going to play out. Managing client expectations is critical, and sadly, often overlooked as part of the agent/client relationship. As agents, we know better.

Clients 87

Clients Real Estate Contracts Sellers 87

Housing Wire

MARCH 25, 2024

Cooperative compensation The vast majority of questions addressed on the call dealt with whether or not buyer’s representation was going away, and how agents will get paid for the services they provide to clients. Cooperative compensation is still legal,” Papasan stressed.

Agents 422

Agents Advertising Real Estate Buyers 422

Housing Wire

APRIL 17, 2024

The lenders that have prepared for the market improvements, including some of our new clients, have tech tools for their risk & compliance, operations, funding & accounting teams to fight back against threats. According to the report, there was a higher rate of risk for CPL Validations with 13.2%

Insurance 448

Insurance Agents Tools Legal 448

Housing Wire

OCTOBER 6, 2023

“We believe this is the right course of action to remove future uncertainty and ongoing legal expense, serving the best interests of the company, our affiliated agents and franchisees, and shareholders, and enabling Anywhere to focus on moving real estate to what’s next.”

Buyers 432

Buyers Brokerage Agents Sellers 432

Housing Wire

OCTOBER 2, 2023

CoStar says it has been “severely and irreparably harmed” by the alleged actions of the defendants, adding that prior engagement between counsel for both companies did not lead to a solution, ultimately requiring this legal action which was filed in the U.S. District Court for the District of Columbia.

Legal Fees 402

Legal Fees Legal Technology Development 402

Housing Wire

NOVEMBER 20, 2023

“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. said in a statement.

Legal 408

Legal Real Estate Agents Realtors 408

McKissock

JULY 6, 2021

The AMC insists that as long as I disclose in the addendum that the zoning is currently ‘illegal,’ then I can mark on the first page as ‘Legal.’”. I’m pretty sure every appraiser could go on for hours with their own tales of “darndest things “ clients and AMCs have said. Then forward that answer on to the client/AMC.

Clients 85

Clients Training Appraisal Legal 85

Housing Wire

FEBRUARY 22, 2024

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. TF: Effective risk management in REO asset sales involves awareness of the intrinsic risks.

Business 381

Business Marketing Real Estate Legal 381

Housing Wire

NOVEMBER 28, 2023

They’re caught in the headlights of change, poring over legal jargon, worrying about commission structures and losing sight of the prize – sales. Your clients need a guide, and you are poised to be that guiding light. Scripting the narrative As you engage with clients, your message should be one of assurance and insight.

Real Estate 318

Real Estate Real Estate Agent Loan Officers Clients 318

Housing Wire

MARCH 11, 2022

accessing “password-protected” company computers to steal client data. According to the legal filings , Barber’s alleged goal was to take real estate “prospects and leads assigned to other brokers” for “his own personal benefit” and that of the other defendants, Darcy Varney and eXp Realty. and 5:30 a.m.

Real Estate 346

Real Estate Realty Real Estate Agent Legal 346

Housing Wire

FEBRUARY 29, 2024

This includes compensation for meal and rest periods that were allegedly unfulfilled, as well as expenses incurred by the class for their job duties and any legal fees that may arise from the case.

Law 372

Law Legal Fees Mortgage Legal 372

Housing Wire

FEBRUARY 1, 2024

Stavvy’s compliance focus is critical in today’s heavily regulated real estate environment, ensuring that all transactions are legally sound and adhere to the latest legal requirements. This enhanced security ensures the protection of sensitive client and transaction data, a crucial aspect in the digital age.

Real Estate 282

Real Estate Legal Technology Clients 282

Housing Wire

APRIL 23, 2024

The integration of Matterport to Homes.com will allow homebuyers to view properties online, helping agents to provide even more value to their clients. With recent legal settlements in the real estate industry, we believe that the portals that rely on the lead diversion model could become stressed,’ Florance said.“We

Real Estate 325

Real Estate Advertising Legal Brokerage 325

Housing Wire

OCTOBER 24, 2023

Goldberg said the rule needs to be mandatory, because cooperating participants have a right to know how they will be compensated prior to working with clients. Goldberg said he wasn’t sure, deferring the decision to the trade group’s legal team. Glass returned to the floor after Ketchmark to ask Goldberg to clarify a few points.

Realtors 419

Realtors Agents Clients Buyers 419

Housing Wire

NOVEMBER 8, 2023

According to the complaint, this requirement of a blanket offer of compensation makes it easy for buyer agents to steer clients to properties they would make a higher commission on. The nationwide class is seeking injunctive relief and the damages class is seeking monetary damages.

Real Estate 431

Real Estate Realtors Sellers Agents 431

Appraisal Buzz

APRIL 29, 2024

Our fees were cut in half overnight, and the AMC model suddenly walled us off from clients with whom we had worked so hard to build rapport. The value of a good client was one of the foundational metrics driving our strategy. The appraisal profession was rocked to its core.

Clients 195

Clients Business Appraisal Lending 195

McKissock

SEPTEMBER 20, 2021

Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. To protect your clients’ interests, and reduce your own risk exposure, check out our highly-rated course, Know the Code: Your Guide to the Code of Ethics. Real estate risk management is an important concern for agents.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Housing Wire

MAY 8, 2024

Reffkin added that he also believes agents will have to sell their brokerage firm’s value proposition to prospective clients if they want to gain their business. Reffkin also sees Compass’ soon-to-launch client portal as another value add being provided to both consumers and agents.

Agents 381

Agents Brokerage Real Estate Clients 381

Housing Wire

DECEMBER 9, 2021

A 2021 Tech100 Mortgage honoree, Stavvy is helping organizations navigate complex financial and legal transactions easily and safely, allowing servicers to put customer experience at the forefront during tough times like a global pandemic. “In Our technology is helping servicers do what they do best — serve their clients anywhere, anytime.

Technology 365

Technology Legal Tools Clients 365