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.

Real Estate 370

Real Estate Real Estate Agent Design Law 370

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 373

Real Estate Real Estate Agent Brokerage Agents 373

Housing Wire

OCTOBER 23, 2023

The first week of the much-anticipated Sitzer/Burn e tt class action buyer broker commission antitrust lawsuit concluded with the testimony of economic and legal experts. He also alleged that it was created to protect the trade group from non-MLS affiliated brokers, according to a tweet from Real Estate News reporter Austin Alonzo.

Legal 349

Legal Training Real Estate Realtors 349

Housing Wire

JANUARY 19, 2022

The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents.

Real Estate Agent 431

Real Estate Agent Real Estate Agents Insurance 431

Housing Wire

JANUARY 18, 2024

The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate industry of colluding to artificially inflate real estate agent commissions. 17, 2020, and the present. It was filed on Wednesday in U.S. District Court in Los Angeles.

Realtors 499

Realtors Brokerage Realty Real Estate 499

Housing Wire

JANUARY 9, 2024

District Court in Arizona, Joseph Masiello, an Arizona resident and home seller, accuses several real estate companies of colluding to artificially inflate real estate agent commissions. 5, 2020, and the present. In a copycat suit filed last Friday in U.S. commission ($10,250) to the buyer broker.”

Realty 461

Realty Realtors Real Estate Real Estate Agent 461

Housing Wire

MAY 10, 2024

The National Association of Realtors’ (NAR) board of directors voted to leave member dues unchanged in 2025. The vote occurred Thursday during the final day of NAR’s midyear conference, the Realtors Legislative Meetings, according to Inman , which first reported the story. represent themselves 2. represent themselves 2.

Realtors 317

Realtors Finance Agents Legal 317

Housing Wire

NOVEMBER 8, 2023

Another day and another class-action antitrust commission lawsuit accusing the real estate industry of colluding to inflate real estate agent commissions has been filed. 1, 1996 through the present, purchased in the United States residential real estate that was listed on an NAR MLS.”

Real Estate 424

Real Estate Realtors Sellers Agents 424

Housing Wire

JANUARY 16, 2024

The latest copycat commission lawsuit alleges that real estate industry players in Nevada have colluded to artificially inflate real estate agent commissions. Unlike other commission lawsuit, the Whaley suit only names Realtor associations as defendants. 15, 2020, and the present.

Realtors 415

Realtors Real Estate Agent Real Estate Sellers 415

Housing Wire

JANUARY 19, 2024

Real estate professionals in California are facing yet another commission lawsuit. 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. 18, 2020, and the present.

Realtors 341

Realtors Real Estate Real Estate Agent Buyers 341

Housing Wire

NOVEMBER 27, 2023

On Wednesday, home seller plaintiffs in northern Georgia filed a class-action antitrust lawsuit accusing real estate industry players of colluding to artificially inflate real estate agent commissions. This system, with its veiled surcharges, illegally warps the real estate market.”

Real Estate 438

Real Estate Real Estate Agent Sellers Realty 438

Housing Wire

JANUARY 2, 2024

For many real estate professionals, 2023 was the year of the commission lawsuit , and the year could not end without one last copycat suit. 27, 2019, and the present. The National Association of Realtors will respond to this complaint in court.” The lawsuit is seeking class action status for everyone in the U.S.

Sellers 386

Sellers Brokerage Real Estate Realtors 386

Housing Wire

MARCH 29, 2024

The real estate industry is facing yet another commission lawsuit , but this time the plaintiff is not seeking class-action status. Although REBNY is not affiliated with a Realtor association, it did previously have a rule in place with the same compensation requirement. In a lawsuit filed Thursday in the U.S.

Advertising 405

Advertising Real Estate Realtors Buyers 405

Housing Wire

APRIL 15, 2024

Additionally, 18 of the respondents identified as team leaders, 112 identified as real estate sales associates or broker associates, and 15 identified their position as other, with the most common response being broker-owner of their firm. Most buyers here cannot pay realtor commissions because they are VA (Veterans Affairs borrowers).”

Inventory 377

Inventory Agents Real Estate Sellers 377

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. HomeServices of America filed three post-trial motions Monday evening.

Law 331

Law Real Estate Real Estate Agent Legal 331

Housing Wire

DECEMBER 8, 2023

Originally filed in late November, the Phillips lawsuit accuses real estate industry players of colluding to artificially inflate real estate agent commissions. This system, with its veiled surcharges, illegally warps the real estate market.”

Brokerage 420

Brokerage Realty Real Estate Agent Real Estate 420

Housing Wire

MARCH 25, 2024

During a virtual open house hosted by Keller Williams to answer agent and broker questions about the settlements in the commission lawsuits , the overwhelming message was for real estate professionals to focus on what they can control. Cooperative compensation is still legal,” Papasan stressed. Don’t panic.

Agents 392

Agents Advertising Real Estate Buyers 392

Housing Wire

JANUARY 16, 2024

In an amended complaint filed on Friday, the plaintiffs’ counsel named Vanguard Properties , Twin Oaks Real Estate , Windermere Real Estate Services Company , Rapisdara & Fox and Realty One Group , as additional defendants in the antitrust suit. 8, 2019, and the present.

Brokerage 366

Brokerage Realtors Realty Real Estate 366

Housing Wire

FEBRUARY 12, 2024

District Court in Utah, accusing real estate industry players of colluding to artificially inflate real estate agent commissions. 9, 2020, and the present, and paid a buyer broker commission.

Real Estate 416

Real Estate Real Estate Agent Realtors Buyers 416

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. As she has stated previously, NAR plans to appeal the verdict and that Sitzer/Burnett saga is far from over.

Agents 406

Agents Legal Sellers Clients 406

Housing Wire

NOVEMBER 8, 2023

The Missouri judge who oversaw the landmark Sitzer/Burnett real estate commission lawsuit will also preside over the Gibson lawsuit brought by Michael Ketchmark, who represented the plaintiffs in Sitzer/Burnett. Like RE/MAX in Sitzer/Burnett, United Real Estate, a flat fee brokerage, was also named to the Gibson lawsuit.

Real Estate 404

Real Estate Sellers Realtors Real Estate Agent 404

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. 1, 1996, and the present. On Monday, homebuyer James Lutz filed a class-action antitrust lawsuit in a U.S.

Sellers 392

Sellers Realtors Real Estate Agent Real Estate 392

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. So, while I make no claim as to the specific deep legal issues, I have some familiarity of antitrust actions and more in the conduct of legal actions in a courtroom.

Agents 345

Agents Law Sellers Legal 345

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans.

Business 350

Business Marketing Real Estate Legal 350

Housing Wire

AUGUST 17, 2023

Though the National Association of Realtors is not out of the legal woods yet, the trade group does have reason to celebrate. A federal court judge on Wednesday dismissed all antitrust allegations made by REX Real Estate against NAR and Zillow. In his order dismissing the claims, Judge Thomas Zilly of the U.S.

Advertising 363

Advertising Legal Brokerage Realtors 363

Housing Wire

DECEMBER 12, 2023

District Court for Northern California, accusing the real estate industry of colluding to artificially inflate real estate agent commissions. 8, 2019, and the present. The National Association of REALTORS will respond to this complaint in court.”

Realtors 434

Realtors Sellers Buyers Real Estate 434

Housing Wire

FEBRUARY 6, 2024

REX Real Estate is back again trying to get a new trial in its false advertising lawsuit against Zillow. In its request for a new trial, REX argued that it was unfairly prevented from presenting testimony about agent commissions to the jury. On Monday, the now defunct discount brokerage filed an appeal with the U.S.

Advertising 370

Advertising Real Estate Brokerage Agents 370

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. 4, 2019 and the present. Both lawsuits are seeking class-action status. These allegations are absurd.

Realty 420

Realty Realtors Brokerage Real Estate 420

Housing Wire

JANUARY 10, 2024

Like the corporate brokerage defendants in the Sitzer/Burnett commission lawsuit , the National Association of Realtors also filed post-trial motions. In addition, NAR said that the plaintiffs failed to “present the jury with evidence that NAR conspired with another Defendant to enforce the [Participation Rule].”

Legal 333

Legal Law Realtors Brokerage 333

Housing Wire

MARCH 31, 2023

Boston-based Notarize will soon finally be able to execute a digital real estate closing in its home state of Massachusetts. Governor Maura Healey on Wednesday signed legislation legalizing remote online notarizations ( RON ) to all notaries in the commonwealth.

Law 322

Law Legal Real Estate Technology 322

Housing Wire

MARCH 22, 2024

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement.

Buyers 468

Buyers Contracts Real Estate Agents 468

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. United Real Estate also filed a motion to dismiss the suit for failure to state a claim.

Realty 367

Realty Real Estate Law Brokerage 367

Housing Wire

JANUARY 11, 2024

The Real Estate Board of New York is now fighting a second copycat commission lawsuit. In addition to REBNY and Douglas Elliman, the complaint names Christie’s International Real Estate , Brown Harris Stevens , SERHANT. 29, 2019, to the present. Garfield & Co. ,

Real Estate 386

Real Estate Sellers Real Estate Agent Agents 386

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.

Law 412

Law Agents Realtors Contracts 412

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.

Real Estate 338

Real Estate Sellers Realtors Brokerage 338

Housing Wire

OCTOBER 6, 2023

After roughly a month of speculation, Anywhere Real Estate and RE/MAX made the terms of their proposed settlement agreements in the Moehrl and Sitzer/Burnett buyer broker compensation class action suits public on Friday. In addition to the already publicized $83.5 In addition to the already publicized $83.5 In the Sept.

Agents 365

Agents Brokerage Realtors Real Estate 365

Housing Wire

NOVEMBER 10, 2023

It appears that no real estate brokerage firm in the U.S. District Court in the Southern District of New York, alleging that Real Estate Board of New York rules governing the multiple listing service in Manhattan kept commissions high and violated state and federal antitrust laws. 8, 2019, and the present.

Real Estate 448

Real Estate Brokerage Sellers Law 448