article thumbnail

Kentucky passes bill to end ‘harmful’ listing contracts 

Housing Wire

Kentucky is on the brink of ending exclusive real estate listing contracts. The state’s General Assembly passed a bill to protect homebuyers from predatory contracts known as non-title recorded agreements for personal services (NTRAPS) or right-to-list agreements.

Contracts 410
article thumbnail

Motto sues UMortgage for ‘tortious interference’ in franchise contract

Housing Wire

Denver-based brokerage franchise Motto Mortgage , owned by RE/MAX , has accused broker shop UMortgage of “tortious interference” in its contract with a former franchisee called TRB Solutions, whose controlling member was Breon Price, the top-producing loan officer. According to a lawsuit filed in March in a U.S

Contracts 381
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Buyer agency contracts riddled with ‘unfair’ terms, CFA declares

Inman

The Consumer Federation of America, a watchdog group, examined 43 contracts from 37 states, most from state or local Realtor associations, and found practices it believes worthy of scrutiny.

Contracts 195
article thumbnail

WATCH: The importance of reading your contracts

Inman

Frances Katzen and Courtney Poulos talk with moderator Dana Cadena about the importance of buyer representation, understanding your contracts, professionalism in the industry and more at ICNY.

Contracts 170
article thumbnail

$188M Palm Beach estate — the city’s priciest — goes into contract

Inman

acre man-made island, and went into contract on Monday. The estate sits alone on its own 2.3-acre The negotiated price and the buyer's identity are still unknown.

Contracts 193
article thumbnail

FirstFunding sues Sprout for breaching of contract

Housing Wire

Consequently, the warehouse lender filed the lawsuit against Sprout on Wednesday for breaching the contract and injunction in the U.S. The post FirstFunding sues Sprout for breaching of contract appeared first on HousingWire. District Court for the Central District of California Southern Division.

Contracts 382
article thumbnail

BHGRE’s 2nd largest franchise signs 10-year contract renewal

Inman

Amid an industrywide recruitment war, Better Homes and Gardens Real Estate has secured its largest contract renewal of 2024 with Atlanta-based BHGRE Metro Brokers. The 45-year-old brokerage is the second-largest franchise in the BHGRE network, with more than 2,400 agents across 27 offices.

Contracts 137