Housing Wire

OCTOBER 27, 2023

the National Association of Realtors (NAR), et al kicked off this week in a Kansas City, Missouri, federal courtroom, there is a lot at stake for consumers and business competition. Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules.

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Real Estate Agent Real Estate Realtors Buyers 457

Housing Wire

NOVEMBER 9, 2023

So, the fact that we are now seeing things further in the process come down to agents and brokers — I was not entirely surprised by that.” Unlike Murray, Marx Sterbcow, the managing attorney at Sterbcow Law Group, believes that the settlement agreements will be approved, but he supports Murray’s assertion that the DOJ will step in.

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Legal Real Estate Real Estate Agent Law 406

Housing Wire

MARCH 28, 2024

The National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA) are asking federal housing officials to confirm their treatment of interested party contributions (IPCs) to home purchase transactions.

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Real Estate Agent Sellers Buyers Agents 440

Housing Wire

MARCH 28, 2024

Originally filed in March 2019, the Moehrl lawsuit alleges that real estate industry participants including HomeServices, the National Association of Realtors (NAR), Anywhere , RE/MAX and Keller Williams conspired to artificially inflate real estate agent commissions.

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Real Estate Agent Realtors Real Estate Sellers 403

Housing Wire

JANUARY 8, 2024

31, 2023, when a Missouri jury found the National Association of Realtors , HomeServices of America , and Keller Williams liable for colluding to artificially inflate real estate agent commissions, to prepare and file these motions. The parties had since Oct.

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Law Real Estate Real Estate Agent Legal 390

Housing Wire

JANUARY 2, 2024

Filed last Wednesday in the Western District of Missouri, the Umpa suit, named after its lead and only plaintiff Daniel Umpa, accuses the real estate industry of allegedly colluding to artificially inflate real estate agent commissions. The National Association of Realtors will respond to this complaint in court.”

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Sellers Brokerage Real Estate Realtors 413

Housing Wire

DECEMBER 15, 2023

A copycat commission lawsuit filed on Thursday by home sellers in the United States District Court for the Eastern District of Texas, accuses 47 real estate industry defendants of allegedly conspiring to artificially inflate real estate agent commissions.

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Real Estate Realtors Realty Real Estate Agent 464

Housing Wire

MAY 1, 2024

district court in Florida, accusing HomeServices and its subsidiaries, BHH Affiliates and HSF Affiliates , of conspiring to artificially inflate real estate agent commissions. On Monday, homebuyer James Lutz filed a class-action antitrust lawsuit in a U.S. that was listed on a NAR-affiliated MLS between Dec. “

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Sellers Realtors Real Estate Agent Real Estate 429

Housing Wire

APRIL 23, 2024

The plaintiffs kept moving the finish line and I was sad as president of the National Association of Realtors not to be able to protect everybody, but at the end of the day we realized we need to be able to protect the most people that we can, and in this proposed settlement, that was what we were able to do,” Sears said.

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Realtors Brokerage Agents Real Estate 399

Housing Wire

JANUARY 16, 2024

A few days ago, the three main defendants— National Association of Realtors , Keller Williams and HomeServices —in the Sitzer/Burnett case filed two motions with the court. The first was a motion for judgement as a matter of law and the second was a motion for a new trial. This evidence was not allowed to be presented to the jury.

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Agents Law Sellers Legal 399

Housing Wire

JANUARY 19, 2024

the copycat suit alleges that real estate industry players have colluded to artificially inflate real estate agent commissions. Lyon & Associates , Guide Real Estate , Paul M. Zagaris Real Estate , and Anywhere franchise Century 21 Select Real Estate , are also defendants in the lawsuit.

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Realtors Real Estate Real Estate Agent Buyers 400

Housing Wire

DECEMBER 12, 2023

District Court for Northern California, accusing the real estate industry of colluding to artificially inflate real estate agent commissions. The National Association of REALTORS will respond to this complaint in court.” A home seller plaintiff in California filed an antitrust lawsuit on Friday in U.S.

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Realtors Sellers Buyers Real Estate 441

Housing Wire

APRIL 17, 2024

Under Missouri state law, HomeServices of America would have needed to have been named as a third-party beneficiary on the client contracts. This represented just one of many paths we believed were important to pursue, and we continue to aggressively pursue a resolution of our involvement in the underlying litigation.“

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Contracts Brokerage Law Real Estate Agent 410

Housing Wire

AUGUST 21, 2023

Just days after awarding Zillow and National Association of Realtors (NAR) a major victory in their legal battle against REX Real Estate , the court made it clear that Zillow’s fight is far from over. It is literally false not to characterize REX’s listings as ‘Agent Listings.’

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Advertising Real Estate Agent Real Estate Agents 369

Housing Wire

NOVEMBER 1, 2023

The new lawsuit, known as Gibson after its lead plaintiff, accuses the National Association of Realtors , Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman , of conspiring to inflate real estate agent commissions.

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Real Estate Brokerage Sellers Law 414

Housing Wire

NOVEMBER 16, 2023

.” While the plaintiffs in the Moehrl , Sitzer/Burnett and Nosalek lawsuits are all represented by large law firms with class-action experience, the plaintiff in the relatively small Burton suit in South Carolina is represented by attorneys at Knie & Shealy Law Offices in Spartanburg. Ten thousand fists in the air indeed.”

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Law Brokerage Advertising Real Estate 443

Housing Wire

FEBRUARY 28, 2024

The watchdog group reached this conclusion in a report released Tuesday, in which the group examined 43 different contracts from 37 states, with most of the sample contracts coming from state or local Realtors associations. were normal and would incent buyer agents to sell their properties,” the report says.

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Buyers Contracts Agents Realtors 417

Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Ready to find a real estate brokerage?

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Real Estate Real Estate Agent Brokerage Agents 417

Housing Wire

NOVEMBER 9, 2023

In her first video appearance since the jury verdict in the Sitzer/Burnett commission lawsuit , National Association of Realtors president Tracy Kasper told NAR members that she shares their disappointment in the decision.

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Agents Legal Sellers Clients 423

Housing Wire

FEBRUARY 5, 2024

In late October 2023, a Missouri jury found HomeServices of America, as well as Keller Williams and the National Association of Realtors , liable for colluding to artificially inflate real estate agent commissions.

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Contracts Brokerage Law Real Estate Agent 403

Housing Wire

NOVEMBER 8, 2023

31, 2023, the Gibson lawsuit pits three Missouri home sellers, Don Gibson, Lauren Criss and John Meiners, against National Association of Realtors , Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman. Accepted by the court on Oct.

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Real Estate Sellers Realtors Real Estate Agent 423

Housing Wire

DECEMBER 6, 2023

Plaintiffs in Florida and Pennsylvania filed lawsuits on Monday, accusing real estate industry players of allegedly colluding to artificially inflate real estate agent commissions. In an email, Marla Martin, a spokesperson for Florida Realtors, said the trade group was working on a statement about the allegations.

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Realty Realtors Brokerage Real Estate 424

Housing Wire

SEPTEMBER 22, 2023

The National Association of Realtors continues to face demands for change from staffers and members in the wake of the sexual harassment allegations brought forth in the New York Times exposé. The letter also addresses a separate letter from Denise Drake, an attorney at Polsinelli Law Firm , to Goldberg dated July 14, 2023.

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Law Legal Human Resources Realtors 398

Housing Wire

DECEMBER 20, 2023

The National Association of Realtors , Keller Williams and HomeServices of America , have asked judge Andrea Wood to rule on the suit based on the evidence that has been presented during the discovery period of the proceedings. After almost five years of litigation, it is clear that Keller Williams Realty, Inc.

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Real Estate Sellers Realtors Brokerage 395

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Attorneys, Realtors and clients are a big part of our repeat business.”

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Buyers Agents Loan Officers Real Estate 393

Housing Wire

DECEMBER 26, 2023

You’ll need to complete 75 hours of prelicensing classes to get licensed as a real estate agent in North Carolina. We’ve done the research for you, evaluating the many courses available to pinpoint the best real estate schools in North Carolina to help you pass the state exam and set you up for early career success.

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Real Estate Real Estate Agent Design Law 410

Lamacchia Realty

MAY 6, 2024

WHY YOU NEED A REAL ESTATE ATTORNEY WHEN BUYING A HOME When buying a home, you might wonder, “Do I need a real estate attorney, or is my real estate agent enough?” Before we dive into the details, let’s talk about what services a real estate attorney can provide.

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Real Estate Legal Law Contracts 70

Housing Wire

JANUARY 27, 2022

Both NAR and Fannie Mae seek a policy that requires more disclosure – especially amid a real estate or mortgage transaction – about a home’s flood history and future risk assessment. Two of the most powerful U.S. housing entities are at odds over the future of the federal government’s cash-strapped flood insurance program.

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Insurance Government Law Real Estate Agent 380

Housing Wire

NOVEMBER 13, 2023

The same dynamics that are questioning the value [and costs] of a Realtor, regardless of which side of the transaction they are on, are going to lead to questions for all other things associated with buying a home.” It’s easy to see why Frasier is concerned.

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Insurance Real Estate Agents Real Estate Agent 413

CA Realty Training

JULY 19, 2021

That’s how successful real estate agents create successful careers. The National Association of REALTORS® created a method to build trust that has helped millions of agents generate great customer service. This method is a set of ethical rules that agents follow to build a trustworthy relationship with clients.

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Real Estate Agent Real Estate Agents Clients 53

Raleigh Realty

FEBRUARY 4, 2022

My first transaction as a Real Estate Agent was as a dual agent representing both the buyer and the seller. What is Dual Agency in Real Estate? Dual agency is when a real estate agent works with the buyer and the seller on the same transaction simultaneously.

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Real Estate Real Estate Agent Sellers Agents 148

Housing Wire

AUGUST 9, 2022

Prior to the co-op program, did you know anything about title or had you considered a career in the world of real estate ? I was originally interested in doing journalism or law. I like that title has a legal aspect to it, but I also like that we are able to talk to people and get to know them a bit through their transaction.

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Real Estate Agent Real Estate Insurance Business 382

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. We would imagine it's the same in most real estate markets around the country as we have found the same to be true of homes for sale in Charlotte as well.

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Real Estate Agent Real Estate Realtors Contracts 133

Housing Wire

NOVEMBER 1, 2023

.” Unnamed agent in recorded call with REX Not showing clients properties because they have below-market commission rates is an example of “steering,” a practice that is often alleged about buyer agents and just as often denied by broker firms and associations.

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Clients Agents Buyers Sellers 424

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. Did you know?

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Real Estate Real Estate Agent Agents Brokerage 401

McKissock

SEPTEMBER 20, 2021

Real estate risk management is an important concern for agents. Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. The remaining articles deal with Board of Realtors® proceedings and duties to other Realtors®.

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Real Estate Clients Real Estate Agent Realtors 58

Housing Wire

APRIL 12, 2023

Among those targets were a Memphis-based real estate company and a title company in Washington state that combined were swindled out of more than $200,000 through the scam. The victims targeted can be lenders, real estate agents, title companies and other escrow agents, attorneys as well as homebuyers and sellers.

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Real Estate Government Technology Real Estate Agent 381