Housing Wire

MARCH 11, 2022

Two Myrtle Beach Century 21 franchises have filed a lawsuit against eXp Realty , alleging that eXp Realty agent Joel Barber stole profits and private real estate data during secretive, “unauthorized” late night office visits. Barber had been working for the Harrelson Group on a contract basis since March of 2017. and 5:30 a.m.

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Real Estate Realty Real Estate Agent Legal 368

Housing Wire

MARCH 26, 2024

Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. Allegations include breach of contract and unjust enrichment, with damages sought at $250 million. Three agents formerly affiliated with Keller Williams Realty — Jerri L.

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Brokerage Legal Agents Realty 497

Raleigh Realty

FEBRUARY 24, 2022

What Does 'Under Contract' Mean in Real Estate? You've decided to buy a home and whether it's your first home or your tenth you're likely to stumble across homes that are listed as 'under contract' on the real estate listing. There are many things that take place once you go under contract on a home.

Contracts 147

Contracts Real Estate Sellers Real Estate Agent 147

The Appraiser Coach

FEBRUARY 22, 2022

What makes a contract a contract? Is it the legal prose, the professional typesetting, or the date across the top? I’m no lawyer, but my mentor once told me that. Read More.

Contracts 195

Contracts Legal Inspection Advertising 195

Housing Wire

NOVEMBER 30, 2023

Wondering how to get a real estate license in Ohio in 2024? Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. How long does it take to get a real estate license in Ohio?

Real Estate 425

Real Estate Real Estate Agent Brokerage Agents 425

Movoto

APRIL 8, 2024

After submitting an offer on a home you plan to purchase, a few things might happen – once an offer is accepted (typically, after negotiations but not always), real estate sales agreements come into effect between buyers and sellers. What Are Real Estate Sales Agreements? Should the buyer breach the contract (e.g.,

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Contracts Real Estate Property Taxes Legal 36

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

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Real Estate Agent Real Estate Agents Brokerage 417

Housing Wire

APRIL 15, 2024

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey.

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Inventory Agents Real Estate Sellers 417

Housing Wire

NOVEMBER 18, 2022

This article addresses two legal issues relevant to the review: FHFA’s statutory authority to reduce the number of Federal Home Loan Banks, and The application of the FHLBank statutory “super lien”. This provision may be challenged by the affected FHLBank under legal process. imposes market discipline).

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Legal Law Insurance Finance 363

Housing Wire

APRIL 9, 2024

In the past few weeks, seven agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, and Penny Alper — took legal action against the real estate brokerage by filing seven separate class-action lawsuits.

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Brokerage Agents Legal Real Estate 445

Housing Wire

APRIL 4, 2024

Davis — took legal action against the real estate brokerage by filing six separate class-action lawsuits. Alper’s complaint challenges adjustments made to Keller Williams’ profit-sharing program and includes charges of breach of contract, declaratory judgment and unjust enrichment. Moulder, David L. Bueker, Robert E.

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Brokerage Legal Agents Contracts 403

Housing Wire

MARCH 13, 2024

In their motion, the parties wrote that they “dispute the factual and legal arguments made in the DOJ’s Statement of Interest.” Preventing sellers and listing agents from setting buyer-broker commissions would promote greater price competition and innovation in the market for brokers’ services,” the DOJ argued.

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Legal Contracts Sellers Buyers 436

Housing Wire

FEBRUARY 29, 2024

In the filing, the parties wrote that they “dispute the factual and legal arguments made in the DOJ’s Statement of Interest.” Preventing sellers and listing agents from setting buyer-broker commissions would promote greater price competition and innovation in the market for brokers’ services,” the DOJ argued.

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Legal Contracts Sellers Buyers 415

Housing Wire

MAY 1, 2024

In a hostile housing market and a noisy industry environment, why is Zillow outperforming?” The simple answer is that Zillow is wholly focused on solving real consumer problems with software. The product led organic marketing growth story is rare, but it is common for the great ones. he posited. Of the approximately 1.5

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Agents Real Estate Contracts Real Estate Agent 422

Housing Wire

MARCH 29, 2024

residential real estate market that lacks empirical support, conflicts with principles of the Sherman Act, and has negative practical implications for consumers which DOJ has not taken into account.” DOJ offers no evidence that such a change is necessary to achieve procompetitive purposes,” the brief states.

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Sellers Real Estate Buyers Contracts 427

The Robert Weiler Company

JANUARY 2, 2021

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? While a land contract might be ideal for you, there are important details you need to know, first.

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Contracts Tenants Legal Sellers 143

Housing Wire

APRIL 22, 2024

Photo Credit: AJ Canaria) Between inflation , an uncertain interest rate environment and legal challenges , the real estate industry is facing unprecedented challenges. Wright and Murray also said that the headwinds facing the industry are creating a buyer’s market for acquisitive firms. My advice is to start simple.

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Brokerage Real Estate Agents Sellers 427

Housing Wire

SEPTEMBER 15, 2023

Guaranteed Rate Affinity has initiated legal action against former loan originators, accusing them of breaching contracts by failing to pay back advanced signing bonuses and commissions after they left the company. market share, IMF data showed. If positive, Bati was required to return all or part of her commissions.

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Loan Officers Legal Real Estate Lending 406

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.

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Real Estate Real Estate Agent Contracts Inspection 148

Housing Wire

JULY 26, 2021

As an Irish immigrant to the United States in 1996 who became a real estate broker in 2000, I can tell you this: The U.S. Solicitors are legally required when purchasing a home in Ireland.). That market, which is fiercely competitive, allows consumers the best chance to see all inventory and make informed decisions.

Real Estate Agent 383

Real Estate Agent Real Estate Sellers Legal 383

Housing Wire

MARCH 15, 2024

Meanwhile, trade groups representing lenders believe that more details on the settlement are needed to understand its coming impact on the housing market. You should be finding buyers before real estate agents anyway.” Having to be somebody’s confidant and advisor on the real estate part would be “tough.”

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Buyers Agents Mortgage Real Estate Agent 501

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

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Sellers Buyers Real Estate Agents 417

Housing Wire

OCTOBER 23, 2023

A judgment as a matter of law is permissible if there is no legally sufficient basis for a reasonable jury to find for the nonmoving party (in this instance, the plaintiffs) on the issue. The day started with video depositions of four real estate brokerage executives. million real estate licensees in the U.S.,

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Law Agents Realtors Contracts 427

Housing Wire

MAY 3, 2024

RE/MAX executives were not shy about acknowledging the uncertainty that is currently plaguing the real estate industry during the firm’s first-quarter 2024 earnings call with analysts and investors Friday morning. annualized decline in U.S. increase in agent count outside of the U.S. and Canada to 64,322 agents.

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Agents Real Estate Training Buyers 408

Housing Wire

NOVEMBER 7, 2023

In a recent interview with HousingWire, CEO Frank Martell said the most likely period for a trajectory to profitability “is the spring selling season, as we get into next year and the market provides some lift. million since the second quarter due to lower salaries and benefits resulting from reduced headcount and legal expenses.

Legal 417

Legal Contracts Real Estate Mortgage 417

Housing Wire

NOVEMBER 27, 2023

Nearly three months after filing an initial complaint accusing Gary Keller and Keller Williams of inflating key profitability metrics including company sales and profits to convince individuals to purchase Keller Williams Regions and Market Centers, John Davis has made tweaks to his lawsuit. and Business MAPS Management LLC as defendants.

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Technology Agents Training Realty 487

Raleigh Realty

MARCH 31, 2021

What Does Contingent Mean in Real Estate? When searching for a home for sale, you may have encountered a variety of different sales statuses online including contingent real estate listings. Here is what contingent means in real estate: Without further ado let's jump in: What Does Contingent Mean in Real Estate?

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Real Estate Sellers Contracts Buyers 148

Housing Wire

AUGUST 31, 2023

The pile of lawsuits facing Gary Keller and the real estate firm he co-founded, Keller Williams , just got larger. According to the filing, after the franchisees signed a contract, the defendants then required franchisees to adopt KWRI’s present market cap, which is the fee agents pay their market centers.

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Contracts Brokerage Business Training 407

Housing Wire

FEBRUARY 16, 2024

The Department of Justice (DOJ) is asking the real estate industry to consider a world without the practice of cooperative compensation. Preventing sellers and listing agents from setting buyer-broker commissions would promote greater price competition and innovation in the market for brokers’ services,” the DOJ wrote in the filing.

Sellers 427

Sellers Buyers Real Estate Contracts 427

Housing Wire

OCTOBER 2, 2023

including major markets like Charlotte, Dallas, Houston, Las Vegas, Long Island, Minneapolis, Nashville, Phoenix and Salt Lake City, Redfin agents will not be able to leave NAR, as NAR membership is required for agents to access listing databases, lockboxes, and industry-standard contracts. We love our industry.

Brokerage 378

Brokerage Agents Realtors Legal 378

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? That’s the real reason why—because USPAP says so. When should we analyze the contract? Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion.

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Contracts Appraisal Market Value Real Estate 64

Housing Wire

MARCH 12, 2024

loanDepot greatly reduced its costs in 2023 while revenues were in free fall amid a contracting market. Operationally, loanDepot entered 2024 by dealing with a cyberattack that brought its systems down and a forecast for market conditions to improve. loanDepot recorded a non-GAAP adjusted net loss of $142.4 Through Feb.

Legal 410

Legal Contracts Marketing Mortgage 410

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State.

Real Estate 406

Real Estate Real Estate Agent Agents Brokerage 406

Housing Wire

FEBRUARY 7, 2023

Like its peers, loanDepot is struggling amid a contracting mortgage market. Covington & Burling LLP is serving as the legal advisor in the decision. Since 2017, Ozonian has been the CEO of the title underwriter and real estate tech services provide, Williston Financial Group.

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Real Estate Legal Contracts Mortgage 375

McKissock

APRIL 3, 2022

With the rising normalization of cryptocurrencies in our marketplaces, it’s no surprise crypto has found its way into real estate. In recent news, the first commercial property in New York has been put on the market exclusively for Bitcoin — $29 million dollars worth, to be exact. Real Estate Smart Contracts.

Real Estate 73

Real Estate Real Estate Agent Technology Contracts 73

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. After looking at listings online, a prospective homebuyer typically reaches out to a real estate agent who then gives them a list of recommended lenders and LOs.

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Buyers Agents Loan Officers Real Estate 395

Cleveland Appraisal Blog

MAY 26, 2023

In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. They had hired the former real estate professional to value their property for the purpose of a divorce. That’s right! Let’s talk about the differences.

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Appraisal Real Estate Agent Real Estate Agents 302