Real estate professionals would be wise to think like regulators and prioritize compliance when evaluating the potential use of AI in their business, compliance expert Summer Goralik writes. Continue reading
Real estate agents should be familiar with these duties and make sure to adhere to them to avoid legal liability and to maintain the trust and confidence of their clients. Continue reading
John Davis filed suit, he says, in an effort to restore his reputation after sexual misconduct allegations against him surfaced this year. “There is a price to ruin someone’s life,” his spokesman told Inman. Continue reading
The lawsuit alleges Compass agent Cory Cooper pressured an elderly homeowner to sell her property off the multiple listing service to a real estate investor he knew. Continue reading
The complaint alleges negligence and breach of fiduciary duty after an unknown third party impersonated the brokerage’s title company and sent the buyers fraudulent wiring instructions. Continue reading
The real estate franchisor has subpoenaed the discount brokerage for recordings of all in-bound calls, not just those purporting to show agent steering, in multibillion-dollar class-action case. Continue reading
Broker and ethics hearing officer Barbara Betts details the ways agents misrepresent themselves and the transaction, sometimes inadvertently. Continue reading
The trade group’s president accuses commission detractors of duplicity “for a payout” under the guise of protecting consumers. Continue reading
Real estate commissions are inflated by as much as $50 billion per year due to the lack of price competition created by having listing brokers set co-op fees for buyer brokers, according to the report in the Berkeley Business Law Journal. Continue reading
Both Redfin and the Massachusetts Board indicated that they are working together to resolve the disclosure issue. Continue reading