Investment | Real Estate
Being Duped: Buyers and sellers. NAR asking real estate agents not to make the story (class action lawsuit) grow.
Being Duped: Buyers & Sellers The National Association of Realtors does NOT want the story to grow by asking us to: “be very cautious on social media and your interactions with other local media outlets. It is important that your actions do not contribute to making this story grow.“ The......
Being Duped: Sellers. A putative antitrust class action on behalf of home sellers was filed on 05/06/23.
Real Estate Class Action Lawsuit – The case is set for trial in October 2023 Table of ContentsRE/MAX $55 Million SettlementAnywhere Real Estate $83.5 Million SettlementCase BackgroundMLSs covered in this action:Case Documents – Source: RE/MAX $55 Million Settlement RE/MAX (NASDAQ:RMAX) has agreed to a $55 million settlement to resolve claims brought in......
Being Duped: The members of the association like realtors.
Following we will go a little bit more into the details of how they work. Key points points are: Transparency Board Meetings Board Meeting Minutes Agendas MLS Filters (commission paid, listing office) MLS Images The Board of Directors refused to forward an agent email(s) to all the board members. Why?......
Being Duped: Buyers and sellers who believe the National Association of Realtors (NAR) has their best interest in mind.
They want to make you believe that the current system works perfectly for buyers and sellers. Also, they want you to believe that the listing brokers pay the compensation of buyer brokers. The commission is included/as part of the sale/purchase price. Please read the comments (in red). BTW I am......
Being Duped: Florida buyers & sellers. No disclosure required in the state of Florida
Florida Transaction Broker vs Single Agent Did you know that the presumption of representation is Transaction Broker in the state of Florida? In other words, they are not representing you (buyer or seller) in a fiduciary capacity. But this kind of representation gives the agent, the office the opportunity to......
Being Duped: Buyers and sellers. MLS listings filtered by commission paid.
Did you know that the MLS provided a tool that gave real estate agents the option to exclude listings that didn’t meet their expectations regarding commission paid? Another option was to filter MLS listings by names. The filter was erased after the Department of Justice got involved in 2022. Why......
Being Duped: At the end it is all about buyers and sellers.
The National Association of Realtors (NAR) and the Department Of Justice: After the lawsuit was filed, the NAR made a couple of statements with which the Department of Justice didn’t agree. Table of ContentsThe National Association of Realtors (NAR) and the Department Of Justice:NAR Claps Back at DOJ Settlement WithdrawalDepartment......
News September 30, 2023 Fox News: House adopts 'clean' stopgap funding bill despite conservative outrage Fox News: Trump-obsessed DA hit with racial discrimination lawsuit after murder charges dropped Washington Post:…
News September 30, 2023 Fox News: House adopts ‘clean’ stopgap funding bill despite conservative outrage Fox News: Trump-obsessed DA hit with racial discrimination lawsuit after murder charges dropped Washington Post: Congress begins to admit it’s running out of time to avoid a government shutdown CNN: Hours away from the US......
Being Duped: Buyers and sellers. The NAR asked agents not to make the story (class action lawsuit) grow.
The National Association of Realtors does NOT want the story to grow by asking us to:…….be very cautious on social media and your interactions with other local media outlets. It is important that your actions do not contribute to making this story grow. ……… National Association of Realtors (NAR) | Do......
