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Real estate industry is in flux after shocking guilty verdict in commission lawsuit trial

Housing Wire

billion in damages, many questions still remain about what this means for the real estate industry, as the defendants still await Judge Stephen Bough’s final judgment. It found the National Association of Realtors , HomeServices of America and Keller Williams guilty of collusion to maintain high commission rates.

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6 things landlords need to know before breaking a lease

Inman

A signed lease is a binding legal agreement that can’t be broken — except in the few exceptions when it can. Here are some common scenarios to watch for as a landlord or a real estate investor.

Landlords 111
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Zillow to list housing discrimination protections

Housing Wire

The update expands Zillow’s Local Legal Protections tool, which was created in 2018 to help LGBT home searchers identify if their rights were protected by local laws in certain jurisdictions. Still, federal law does not prevent landlords from rejecting all housing vouchers.

Landlords 466
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EasyKnock under fire for “deceptive” sale-leaseback practices in Massachusetts

Housing Wire

In addition, her office alleges that EasyKnock violated some of Massachusetts’ landlord-tenant laws. “I Some of these changes include lowering rents for some existing tenants and complying with state landlord-tenant laws. Under the terms of the settlement EasyKnock must comply with all landlord-tenant laws.

Tenants 404
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Yardi’s rent-setting software illegally drove rent prices up for millions of renters: lawsuit

Housing Wire

RENTmaximizer effectively outsources the management of rental pricing from a landlord to Yardi itself, which then implements higher prices collectively across a group of landlords,” the lawsuit alleged. By 2013, the software was used to price 8 million residential units, attorneys for the plaintiffs argued.

Landlords 412
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Knox Financial announces $10 million in Series A funding

Housing Wire

Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. “Its full-service, tech-enabled platform has clearly resonated with first-time investment property owners and career landlords alike,” Hower said. Knox has shown people across the U.S.

Landlords 384
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Make Your First Investment Property an Attractive and Profitable Option

Cleveland Appraisal Blog

Are You Cut Out to Be a Landlord? Money Under 30 explains that there are many responsibilities and time obligations that go along with being a landlord. This is especially the case if your goal is to break into real estate. Owning rental properties is a huge responsibility. Form a Business Structure.

Investing 332