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Washington state could provide guidance for others on buyer broker agreements

Housing Wire

1, 2024 , Washington state’s agency law requires agents to have a written agreement with buyers (as well as sellers) to spell out the exact scope of the services provided by the agent, as well as the compensation the client has agreed to pay them in return. As of Jan.

Buyers 477
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HUD Inspector General discusses NYC corruption investigation

Housing Wire

That is bread and butter to us at federal law enforcement agencies, and certainly for SDNY, so we jumped right in and we’ve been working the case ever since. We are federal law enforcement, so we have the same capabilities to make arrests, conduct interviews and issue subpoenas.

Law 386
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Cherokee Nation engages in HUD housing program for skilled workers

Housing Wire

Department of Housing and Urban Development (HUD) program designed to allow for the construction of rental housing units is getting a new participant: the Cherokee Nation. They are one of the first tribes to be approved for the program, according to the announcement.

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5 best Arizona real estate schools for 2024

Housing Wire

Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours. Course includes contracts used in real estate transactions with samples and practical contract completion exercises.

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7 best real estate schools in North Carolina (NC) for 2024

Housing Wire

And the school’s practice tests, contract workshops, and other tools are designed to ensure confidence as you begin your career. In-person or livestream via Zoom on designated dates / times. Choose from Virtual Classroom or Live Class on designated dates / times, at various locations across NC Required 75 hrs of NC coursework.

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Plaintiffs take the stand in the Sitzer/Burnett trial

Housing Wire

In their cross examination, attorneys for the defendants established that Ellis had knowingly signed a contract to pay a certain commission and that she knew the commission would be shared with whoever the buyer’s agent was. According to Ellis, a 6% commission has already been filled in on the contract prior to her signing.

Contracts 398
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Court authorizes class action against Carrington over servicing fees

Housing Wire

In an unanimous decision, the Fourth Circuit stated that Carrington’s fees qualified as an amount that could only be charged if it was expressly “authorized by the agreement creating the debt or permitted by law.” Carrington became the servicer in 2017. Carrington started to retain Bishop’s loan payments in 2018.

Law 404