Housing Wire
JANUARY 2, 2024
The complaint argues that the NAR and the brokerage defendants collude “to impose, implement and enforce anticompetitive restraints that cause home sellers to pay inflated commissions on the sale of their homes, in violation of federal antitrust law.” The National Association of Realtors will respond to this complaint in court.”
Housing Wire
OCTOBER 31, 2023
One option is that NAR and the MLSs can no longer require cooperative compensation, but listing agents and their sellers can still offer the buyer broker compensation if they so choose. It is a situation where buyers need to pay their own agents and sellers have to pay their agent separately?”
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Housing Wire
SEPTEMBER 27, 2023
Many of these laws target specific types of real estate deemed crucial to national security, such as farmland or property near military installations, while other laws apply more broadly to all types of land. Laws should also be clear on the role title insurance professionals play in facilitating transactions with foreign owners.
Housing Wire
MARCH 22, 2024
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.
Housing Wire
NOVEMBER 8, 2023
Current legislative proposals would require states to “mandate a real estate-related disclosure form with specific flood-related questions,” which would require 49 states to “make significant amendments to its laws and regulations” leading to an administrative and enforcement burden, NAR said.
Housing Wire
JANUARY 26, 2024
Lamacchia also stressed that it is impossible to claim that the system is rigged because sellers can choose how much compensation they offer the buyers’ broker, or whether they even want to offer cooperative compensation. Home sellers can do as they please, and if they don’t want to hire a Realtor, they don’t have to.
Housing Wire
SEPTEMBER 28, 2023
On Wednesday, just nine days after the long-awaited trial’s September 18 start date, the real estate behemoth file a motion for judgment as a matter of law in the U.S. Accordingly, REX’s claims should not be put to a jury, and the Court should enter judgment in Zillow’s favor as a matter of law under Federal Rule of Civil Procedure 50(a).”
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