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The title industry’s latest cat-and-mouse game: seller impersonation fraud

Housing Wire

Secret Service , notified the title industry of a rise in what is known as vacant lot fraud, or seller impersonation fraud. “We We started to hear a lot about seller impersonation fraud early on in the year,” Tyler Adams, the CEO of CertifID, said. “We Oftentimes this leads to the discovery of vacant lots.

Sellers 382
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NAR settles commission lawsuits for $418 million

Housing Wire

The National Association of Realtors has agreed to pay $418 million in damages to settle the commission lawsuits. According to NAR, this settlement brings an end to all of the litigation claims brought by home sellers. The story was first reported by the New York Times. It has yet to be filed in court.

Legal 539
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Agent vs. REALTOR®: Why the Difference Matters

Lamacchia Realty

AGENT VS. REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. To the everyday buyer and seller , they may not think there is much of a difference between the two. What is NAR? There are over 1,000 local NAR associations and boards, spanning all 50 U.S.

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7 best real estate schools in Illinois (IL) for 2024

Housing Wire

Exam Prep: Colibri’s Exam Prep, Exam Prep Plus, and the Ultimate Prelicensing packages include CompuCram Exam Prep, which features interactive tools and pre-assessments created to help you retain real estate exam topics, including flashcards, vocabulary matching tools, and simulated tests that mirror the actual state exam. out of 5.

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Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed

Eppraisal

Owning raw land has real potential along with its share of pitfalls. Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition.

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Guidance on Selling Inherited Estate Property After a Loss

Lamacchia Realty

When it comes to real property (including a home or land), there are different kinds of ownership that help the courts determine who the executors of an estate sale will be: Sole Ownership – This is when a property is owned by one individual. Your first step is to find a REALTOR® who has experience in estate sales.

Tenants 51
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Real Estate Risk Management: Putting Clients’ Interests First

McKissock

Additionally, it’s a good idea to gain a solid understanding of the Code of Ethics and Standards of Practice of the National Association of REALTORs® (NAR). Keep reading to learn how to improve real estate risk management, and avoid getting into trouble with the law, by putting your clients’ interests first.