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.”

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Housing Wire

MARCH 26, 2024

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

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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. In a copycat suit filed last Friday in U.S. Masiello sold a home on an Arizona MLS through HomeSmart “in or about October 2021.”

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Housing Wire

JANUARY 29, 2024

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.

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Housing Wire

DECEMBER 1, 2023

In the face of a copycat commission lawsuit , the Real Estate Board of New York has vowed to fight. In an email blast sent to REBNY members, the New York City real estate agent trade group said it would “vigorously defend the litigation.”

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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. A copycat commission lawsuit has been filed in Los Angeles. It was filed on Wednesday in U.S. 17, 2020, and the present.

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Housing Wire

JANUARY 8, 2024

We are currently evaluating the substance of the motion and the best manner for HomeServices to continue to protect those we represent and defend our position in the appropriate legal forums,” the statement continued.

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Real Estate Realty Real Estate Agent Legal 428

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.”

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Real Estate Real Estate Agent Sellers Realty 450

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. Compass and Douglas Elliman did not wish to comment, and the other brokerages did not return a request for comment.

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Housing Wire

APRIL 12, 2024

All nine of the lawsuits alleged that real estate industry players (namely NAR, RE/MAX , Anywhere , Keller Williams , HomeServices of America , Compass , eXp Realty , Redfin , Douglas Elliman , Howard Hanna , United Real Estate, and Weichert ) have colluded via NAR’s Participation Rule to artificially inflate real estate agent commissions.

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Real Estate Real Estate Agent Realtors Realty 429

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. The suit was filed on Monday in U.S. Unlike other commission lawsuit, the Whaley suit only names Realtor associations as defendants.

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Realtors Real Estate Agent Real Estate Sellers 450

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. More home sellers on the East Coast are getting in on the commission lawsuit action. Both lawsuits are seeking class-action status.

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Realty Realtors Brokerage Real Estate 432

Housing Wire

MARCH 18, 2024

In the 24 hours after news broke of the National Association of Realtors’ (NAR) settlement agreement in the commission lawsuits , Doug Danzey, the leader of the eXp Realty -brokered teamerage The Cobalt Group , said the most pervasive emotion among his agents has been panic. “I More off-MLS listings?

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Brokerage Real Estate Agents Sellers 421

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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Housing Wire

MARCH 8, 2024

Thanks to Lisa Chinatti, the broker-owner at Chinatti Realty Group , he was not completely caught off guard. She talks with a lot of people, and she announced to our company that this was coming and went through what exactly we should expect,” said Posnick, the sales manager at Chinatti Realty Group. Lisa is super on the pulse.

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Agents Legal Realtors Clients 432

Raleigh Realty

FEBRUARY 4, 2022

What is Dual Agency in Real Estate and Should you Avoid it Most buyers and sellers are familiar with how listing agents and buyer’s agents work which leads us to the question of what is dual agency in real estate? What is Dual Agency in Real Estate?

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Real Estate Real Estate Agent Sellers Agents 148

CA Realty Training

JULY 19, 2021

You have to build strong relationships with your clients to have a long, lucrative career in real estate. . The top producing agents earned their fame and fortune because of the people they know. That’s how successful real estate agents create successful careers. By Bettina Siochi. What does fiduciary mean?

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Real Estate Agent Real Estate Agents Clients 53

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. Filed on Thursday in U.S.

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Realtors Real Estate Real Estate Agent Buyers 430

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

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Housing Wire

DECEMBER 20, 2023

After almost five years of litigation, it is clear that Keller Williams Realty, Inc. Like the other commission lawsuits, the plaintiffs in the Moehrl suit allege that the real estate industry has colluded to artificially inflate real estate agent commissions.

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Real Estate Sellers Realtors Brokerage 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.

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Agents Advertising Real Estate Buyers 441

Housing Wire

NOVEMBER 7, 2023

Hart cited two strategic acquisitions, Realty Austin in Texas and DPP in California, as part of its growth strategy. Moving forward, we will continue to be opportunistic in our approach to adding to our agent base via selective M&As,” Hart said during the earnings call.

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Agents Real Estate Agent Realtors Brokerage 410

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. Redfin was likely named because its salaried agents offer standard commission rates to buyer brokers.

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Real Estate Sellers Realtors Real Estate Agent 432

Housing Wire

NOVEMBER 16, 2021

million in membership dues from 1.542 million members, who are mostly real estate agents and brokers. However, DOJ withdrew from the consent decree in July, stating it wished to pursue a broader investigation into real estate commissions. One board member asked how much of the dues go to legal defense.

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Real Estate Agent Agents Real Estate Realtors 397

Housing Wire

NOVEMBER 16, 2023

Due to this, Marx Sterbcow, the managing partner at Sterbcow Law Group , fears the real estate industry may be in for a “death by a thousand cuts.” “I I think it is just a matter of time until the copycat lawsuits are in every state going after every brokerage,” Lisa Chinatti, the broker-owner of Chinatti Realty , said. “I

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Law Brokerage Advertising Real Estate 458

Housing Wire

APRIL 28, 2022

Residential real estate brokerages will not do as well in 2022 as they did in 2021, but let’s not get carried away. The Madison, New Jersey-based conglomerate whose name brands include Corcoran , Sotheby’s International Realty , and Coldwell Banker , among others, posted $23 million in net income for the first three months of 2022.

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Mortgage Brokerage Agents Real Estate Agent 370

Raleigh Realty

AUGUST 17, 2021

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in.

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Real Estate Real Estate Agent Contracts Inspection 148

Raleigh Realty

FEBRUARY 24, 2022

What Does 'Under Contract' Mean in Real Estate? You've decided to buy a home and whether it's your first home or your tenth you're likely to stumble across homes that are listed as 'under contract' on the real estate listing. Let's Break it Down: What Does Under Contract Mean in Real Estate?

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Contracts Real Estate Sellers Real Estate Agent 147

Lamacchia Realty

NOVEMBER 21, 2023

THE BENEFITS OF WORKING WITH A LOCAL FLORIDA REAL ESTATE EXPERT Navigating the complex world of buying or selling property can be challenging, particularly for those unfamiliar with the intricacies of the Florida real estate marke t.

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Real Estate Real Estate Agent Local Properties Valuation 63

CA Realty Training

JUNE 28, 2021

The real challenge is selling the actual property. Here are the 5 home listing tips that every real estate needs to know to sell a home. Other Real Estate Agents. This way, you’re already selling the property to other agents as well as their sphere. . But, that’s only half of the work.

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Real Estate Agent Real Estate Agents Advertising 36

Housing Wire

JANUARY 31, 2022

ONE Sotheby’s International Realty agent Jessica Adams is under fire after TechCrunch co-founder and crypto investor, Michael Arrington took to Twitter on Tuesday alleging that Adams had leaked information about his purchase of a Miami waterfront mansion to the press, creating security concerns that forced him and his family to relocate.

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Agents Real Estate Real Estate Agent Realty 370

Housing Wire

JANUARY 27, 2022

ONE Sotheby’s International Realty agent Jessica Adams is under fire after TechCrunch co-founder and crypto investor, Michael Arrington took to Twitter on Tuesday alleging that Adams had leaked information about his purchase of a Miami waterfront mansion to the press, creating security concerns that forced him and his family to relocate.

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Agents Real Estate Real Estate Agent Realty 370

Housing Wire

FEBRUARY 14, 2022

But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. These employee agents are exceedingly more productive than the average independent contractor agent. But it also drew a bountiful new crop of people into real estate. “I

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Business Brokerage Real Estate Agent Agents 370

Housing Wire

JANUARY 26, 2024

Sparks and personal insults flew between Anthony Lamacchia , the broker-owner of Lamacchia Realty , and Michael Ketchmark, the lead attorney for the plaintiffs in the Sitzer-Burnett commission lawsuit , during their virtual debate hosted by HousingWire on Friday afternoon. Department of Veteran Affairs (VA) loans.

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Realtors Law Agents Real Estate 441

Lamacchia Realty

DECEMBER 18, 2023

REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. What many consumers don’t realize is there are some key distinctions of a REALTOR® that will benefit them in their real estate endeavors. What is NAR?

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Realtors Agents Real Estate Agent Real Estate 68

CA Realty Training

APRIL 15, 2021

You’re excited and ready to start your new career – you don’t have time to wait to become a real estate agent. Go getters like you want to get their real estate license as fast as physically possible. Oftentimes, it’s better to take your time through your real estate schooling.

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Real Estate Real Estate Agent Training Legal 55

CA Realty Training

JUNE 9, 2021

A real estate license packs a lot of perks. With a license, you can represent buyers and sellers in real estate transactions. But, that’s not the only way to see a real estate license. The benefits of a real estate license pay major dividends if you know how to use it in your favor.

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Real Estate Real Estate Agent Agents Training 48