Housing Wire

MARCH 27, 2024

Rule 23(b)(3) requires that the court “find that ‘questions of law or fact common to class members predominate over any questions affecting only individual members,’ and that a class action is the ‘superior’ method of adjudication of the controversy. The Eighth Circuit refused this request. Supreme Court , which it filed in early February.

Law 411

Law Sellers Realtors Contracts 411

Housing Wire

FEBRUARY 27, 2024

Like the other commission lawsuits, the Umpa suit alleges that the National Association of Realtors (NAR) and more than a dozen other real estate industry firms have colluded to artificially inflate agent commissions. In the Umpa suit — which is seeking class-action status for everyone in the U.S. No class can be certified in this scenario.”

Realty 409

Realty Real Estate Law Brokerage 409

Housing Wire

MARCH 29, 2024

The association notes in the draft of its proposed brief that its interest in the “proposed settlement stems from the fact, as DOJ highlights, that “several pending cases” are adjudicating MLSs’ adoption of the mandatory-compensation rule of the National Association of Realtors or similar policies.”

Sellers 424

Sellers Real Estate Buyers Contracts 424

Housing Wire

MARCH 19, 2024

million in funds that resulted from the settlement agreements reached by Anywhere , RE/MAX , Keller Williams and the National Association of Realtors (NAR). The appeals court said that this was because the contracts signed by the sellers were not directly signed by HomeServices. The plaintiffs then subtracted the $626.5

Sellers 389

Sellers Realtors Law Contracts 389

Lamacchia Realty

MAY 6, 2024

When you hire a real estate attorney, you’re getting someone who is licensed to practice law with industry specific experience. Their job is to make sure the sale from the seller to the buyer happens within the confines of the law, while also looking out for your best interests. What does a Real Estate Attorney do?

Real Estate 70

Real Estate Legal Law Contracts 70

Housing Wire

DECEMBER 20, 2023

It’s the ultimate in legalized fraud. In and of itself, it’s legal, provided the lead really did come from the source and it’s diligently tracked by the lender. Steve vonBerg, an attorney at law firm Orrick in Washington, D.C., And the loan officers know that they’re violating the law. It’s greed.”

Loan Officers 450

Loan Officers Clients Law Legal 450

Housing Wire

OCTOBER 20, 2023

During their testimony, attorneys for the defendants, which now include National Association of Realtors , Keller Williams and HomeServices of America , had the opportunity, if they wished, to cross-examine the witnesses in addition to the questions posed by Michael Ketchmark, the lead attorney for the plaintiffs.

Contracts 403

Contracts Agents Buyers Real Estate 403

Housing Wire

DECEMBER 26, 2023

And the school’s practice tests, contract workshops, and other tools are designed to ensure confidence as you begin your career. Topics include basic real estate practices & principles, real estate law, financing, brokerage, contracts, closings + more Required 30 hrs of post-licensing coursework.

Real Estate 410

Real Estate Real Estate Agent Design Law 410

Housing Wire

SEPTEMBER 7, 2023

Attorneys, Realtors and clients are a big part of our repeat business.” The buyers want the listing brokers to pay their buyer representative so they can have the most money invested in their down payment and get the best loan terms and rates possible,” Katie Johnson , NAR’s chief legal officer, said.

Buyers 393

Buyers Agents Loan Officers Real Estate 393

Housing Wire

APRIL 5, 2024

The HomeServices filing also notes that the law requires the plaintiffs to “demonstrate a danger of hardship if its request is not granted,” which HomeServices says they failed to do. The appeals court said that this was because the contracts signed by the sellers were not directly signed by HomeServices.

Brokerage 409

Brokerage Sellers Law Contracts 409

Housing Wire

NOVEMBER 30, 2023

Considerations for attorneys in Ohio If you are an active, licensed attorney in the state of Ohio, you may be able to apply some of your law degree credits toward the Ohio prelicensing course requirements. Be honest and truthful Not be convicted of a disqualifying offense. It is not a compilation of courses that total 20 hours.

Real Estate 417

Real Estate Real Estate Agent Brokerage Agents 417

Raleigh Realty

MARCH 23, 2021

The question should I sell my home for sale by owner or without a Realtor® is likely one asked by every home seller with the thought of trying to save money. Buyers want to work with the best local Realtors® to help them when buying a home because it is such a large financial purchase with so many different components involved.

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133

Housing Wire

OCTOBER 9, 2023

1] As a real estate broker in Illinois, it is not legal for you to work independently. To qualify for an Illinois broker license as an attorney, you must be at least 18 years old and be admitted to practice law by the Illinois Supreme Court. After two years, you are free to pursue your managing broker license if you so choose.

Real Estate Agent 411

Real Estate Agent Real Estate Agents Brokerage 411

Raleigh Realty

AUGUST 17, 2021

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Housing Wire

NOVEMBER 16, 2023

For decades, disruptors and innovators in the residential real estate industry have been trying to chip away at the near monopoly that Realtors have had over home sales. The monumental verdict in the Sitzer/Burnett commission lawsuit trial may finally be the giant-killing blow against the National Association of Realtors (NAR).

Realtors 413

Realtors Contracts Real Estate Agents 413

McKissock

SEPTEMBER 20, 2021

Additionally, it’s a good idea to gain a solid understanding of the Code of Ethics and Standards of Practice of the National Association of REALTORs® (NAR). Keep reading to learn how to improve real estate risk management, and avoid getting into trouble with the law, by putting your clients’ interests first.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Housing Wire

OCTOBER 22, 2023

Currently, there are about 154,113 Realtors ® in Texas, according to the National Association of Realtors. You are required by law to get your fingerprints taken, have them on file with the Texas Department of Public Safety (DPS), and pass the subsequent background check. Did you know?

Real Estate 401

Real Estate Real Estate Agent Agents Brokerage 401

Raleigh Realty

MARCH 31, 2021

Different states have different laws as it surrounds contingencies so you'll want to speak with your Realtor about the current local rules for contingent homes. Once a contract is accepted both buyer and seller have contractual obligations to live up to and only the buyer may back out at that point.

Real Estate 148

Real Estate Sellers Contracts Buyers 148

Housing Wire

MARCH 7, 2022

said Hoepen, the Compass agent who writes the “Crypto News for Realtors” newsletter. The NFT representing ownership of an LLC representing ownership of a house is 100% legally meaningless. between signing a contract to buy a home and purchase closing is 50 days, according to a September 2021 report from ICE Mortgage Technology.

Real Estate 477

Real Estate Law Inspection Agents 477

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 404

Real Estate Insurance Law Real Estate Agent 404

Will Springer Realtor

JANUARY 3, 2023

The laws forbade the very people whose ancestors had occupied the land for thousands of years from enjoying the benefits of living freely within a growing community. Supreme Court decision ruled the covenants as enforceable contracts. The thinking then was that, by including the language white owners could protect property values.

Real Estate 36

Real Estate Technology Investing Legal 36

Appraisal Today

JUNE 23, 2023

Attorney Peter Christensen, general counsel at the Christensen Law Firm in Bozeman, Montana, notes that lawsuits against individual residential appraisers, or small residential AMCs, are fairly rare, and successful suits rarer still. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.74

Appraisal 87

Appraisal Real Estate Valuation Contracts 87

CA Realty Training

JULY 19, 2021

The National Association of REALTORS® created a method to build trust that has helped millions of agents generate great customer service. Once a client signs a contract with you, a fiduciary relationship is formed. . One fiduciary duty of a real estate agent is to adhere to the lawful requests of their clients.

Real Estate Agent 53

Real Estate Agent Real Estate Agents Clients 53

Housing Wire

NOVEMBER 30, 2023

Post-license CE $209 20-Hour Post-Licensing Course: Covers Current Laws, Steps to Business Success & Fiduciary Duties. Program follows a blueprint developed by the OH Association of Realtors®. Features Lessons by Topics Outlined in Candidate Handbook, Real-time Dashboards, Dynamic Practice Exams & Review of Results.

Real Estate 412

Real Estate Real Estate Agent Law Inspection 412

Empire Appraisal Group

MAY 20, 2021

Florida Realtors. The State Legislature has also passed laws this session to provide a lot of immunity protection to businesses from COVID lawsuits. Rob Samouce is a principal attorney in the Naples law firm of Samouce & Gal, P.A. Can Condos or HOAs Require Vaccination Proof to Use Amenities? By Rob Samouce. NAPLES, Fla. –

HOA 78

HOA Tenants Easement Law 78

Lamacchia Realty

JULY 24, 2023

This is a welcomed law for many current and incoming residents, as home prices continue to rise in some regions. What Are Some Legal Considerations When Retiring To Florida? Before retiring here, it’s important to understand the legal considerations that may impact your retirement plans.

Transportation 66

Transportation Legal Law Insurance 66

PennyMac

APRIL 2, 2020

By law, you’re entitled to one free credit check per year , per reporting agency, so obtaining your current score should be the first step in the home buying process. The help and guidance provided by a real estate agent or REALTOR ® can be priceless, particularly for first-time homebuyers or those searching in an unfamiliar area.

Real Estate Agent 36

Real Estate Agent Inspection Sellers Real Estate 36

The Robert Weiler Company

OCTOBER 21, 2022

The commercial real estate appraiser must consider everything that could affect a property’s value; some factors include property conditions, neighborhood, economy, market conditions, legal factors, and even the political climate. Search National Association of Realtors (NAR) for licensed commercial real estate appraisers.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Hood Homes Blog

SEPTEMBER 23, 2019

The Seller’s Disclosure is required by law, but ultimately not very useful Do your own due diligence on a property, including a third party inspection ! Texas Seller’s Disclosure Law. The Seller’s Disclosure is required under Texas State law. In the Contract. The Fort Hood Inspection.

Inspection 54

Inspection Sellers Agents Law 54

Housing Wire

DECEMBER 23, 2021

In a 2018 article, The Real Deal chronicled CoStar’s legal war waged against Xceligent , once CoStar’s biggest rival for commercial property listings. CoStar’s actions included collaborating with law enforcement in the Philippines to raid an Xceligent office, and Xceligent eventually fell into bankruptcy.

Brokerage 388

Brokerage Agents Real Estate Real Estate Agent 388

Housing Wire

NOVEMBER 15, 2023

Ask the average real estate agent or broker in America if they believe the National Association of Realtors (NAR) and brokerages are likely to win the bombshell Sitzer/Burnett commission lawsuit case on appeal. Such an outcome, many predict, could eventually force a disassociation between the Realtor-owned MLSs and the NAR mothership.

Realtors 426

Realtors Agents Real Estate Real Estate Agent 426

Will Springer Realtor

JULY 27, 2021

This personal form of communication – pen to paper, buyer to seller – has often been seen as a successful strategy to win over homeowners in a competitive market where multiple offers seem to blend into one pile of forms and contracts that are initialed or signed many times over. The Oregon law goes into effect next January.).

Real Estate 41

Real Estate Sellers Law Buyers 41

Listing Spark

AUGUST 2, 2021

They will then prepare a written offer using contracts that are normal to their respective market, along with several Offerpad addendums. Due to the fact Offerpad is a legal brokerage, they must comply with state laws and will likely send everything directly through your agent. Offer Acceptance. Reduced profits.

Contracts 36

Contracts Real Estate Inspection Sellers 36

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. However, this poses its own risks, as listing agents are legally obligated to prioritize their contractual relationship with the seller.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Housing Wire

JULY 26, 2023

Kelly’s late January ruling in favor of the National Association of Realtors (NAR). In the recent court documents, NAR claims that the government’s arguments for resuming the probe into the trade group’s Participation Rule and Clear Cooperation Rule were “alarming” and would “destabilize the law” if accepted.

Government 361

Government Law Contracts Realtors 361

Housing Wire

OCTOBER 31, 2023

Davis also discussed the MLS and how the National Association of Realtors’ Clear Cooperation Rule impacts both buyers and sellers during her time on the stand. The law is straightforward. The law matters. These are the three things you take back with you: law, evidence, common sense. What is the direct evidence?

Agents 413

Agents Sellers Buyers Law 413

Will Springer Realtor

JANUARY 7, 2022

About half of Washington’s white residents can afford to buy a typical home, while just 32% of Black residents and 33% of Hispanics can do the same, according to research from the National Association of Realtors® (NAR). State lawmakers led by Gov. Mercer Island started this month with only one home on the market.

Construction 36

Construction Real Estate Inventory Buyers 36