Regardless of the outcome of the mega lawsuit, the sunshine from this legal assault will force the industry to clean up its act. Savvy and progressive industry leaders are using this moment to break from the past and lift the veil of secrecy for consum… Continue reading
A newly amended lawsuit alleges Douglas Elliman’s Florida operation failed to supervise its agents, one of whom is accused of committing forgery and fraud. Continue reading
New York’s highest state court is allowing a lawsuit against real estate brokerage Houlihan Lawrence to move forward, saying that establishing informed consent to dual agency requires more than a consumer’s signature on a disclosure form. Continue reading
Nearly half of homesellers don’t realize they pay the buyer’s agent commission fee, according to a survey from flat-fee real estate referral service Clever Real Estate. Continue reading
A new study found that the chance of a dual agency transaction increased if the listing broker made the listing less appealing to buyers or buyer’s agents. Continue reading
A national consumer watchdog is calling for states to ban dual agency and make agency disclosures less confusing, according to a report released Monday. Continue reading
Clients are accusing top New York brokerage Houlihan Lawrence of forging disclosure forms in the firm’s effort to have their dual agency lawsuit dismissed. In a lawsuit first filed in July and amended in October, four buyer and seller plaintiffs … Continue reading
Jay Thompson has beef with single-agent dual agency — where one person represents both a buyer and a seller for the same piece of real estate. Here’s why. Continue reading
Anonymous letters sent to the plaintiffs’ law firm also allege the brokerage pays or paid its agents bonuses for keeping transactions in-house — a tactic that is not unheard of in the real estate industry. Continue reading
The term “concierge agent” might be new to some, but it’s what those of us who care, who are available and who are present have always been. We are all-hands-on-deck Realtors who are always available to our clients. Here’s how you can become one too. Continue reading