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MV Realty files for bankruptcy

Housing Wire

Right-to-list agreement firm MV Realty has filed for Chapter 11 bankruptcy in 33 states. MV Realty currently faces lawsuits in multiple states for allegedly misleading consumers and homeowners. MV Realty operated in 33 states and has more than 500 real estate agents.

Realty 450
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Yes, real estate agents need to protect trademark rights in your brand

Housing Wire

I am a big believer in developing a brand for your real estate business from Day One. I’m talking about more than naming yourself John Doe Realty and ripping a logo off of Canva. Without a federal trademark registration, you’ll have little to no legal recourse. you will have grounds to demand that they stop.

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CFPB fines Freedom Mortgage and Realty Connect nearly $2 million for illegal kickbacks

Housing Wire

The Consumer Finance Protection Bureau (CFPB) issued orders against Freedom Mortgage Corporation and Realty Connect USA Long Island for illegal kickbacks on Thursday, the first enforcement action associated with the 1974 Real Estate Settlement Procedures Act in six years. Freedom must pay $1.75 million fine.

Realty 370
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Keller Williams faces three lawsuits tied to its profit-sharing program 

Housing Wire

Three agents formerly affiliated with Keller Williams Realty — Jerri L. Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. On August 16, 2023, the IALC — the voice of Keller Williams Realty, Inc.’s

Brokerage 500
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More local brokerages added to Georgia commission lawsuit defendant list

Housing Wire

Originally filed in late November, the Phillips lawsuit accuses real estate industry players of colluding to artificially inflate real estate agent commissions. AF Realty Group is the smallest of the new defendants with just 15 agents, according to the complaint.

Brokerage 432
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Drama in the Myrtle Beach real estate scene

Housing Wire

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. Century 21 Barefoot Realty shares an office with the Harrelson Group. and 5:30 a.m.

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Five local brokerages replace Anywhere affiliates in Pennsylvania commission lawsuit

Housing Wire

In an amended complaint filed on Friday, home sellers Danielle and Jessie Kay (who sold a house in Baden, Pennsylvania, in December 2021 with the help of an agent from Realty One Group Gold Standard ) were added as a plaintiff. The Pennsylvania copycat commission lawsuit has some new defendants and a new plaintiff.

Brokerage 408