Government raises fines for RESPA violations

The Consumer Financial Protection Bureau (CFPB) is raising the price of its fines to adjust for inflation, including penalties for violations of the Real Estate Settlement Procedures Act (RESPA). The new fine amounts became law when they were entered i… Continue reading

Reminder: The deadline to file your 1099-MISC forms is Jan. 31

The deadline for employers to report payments to contract workers on form 1099-MISC along with W-2 and W-3 forms is January 31. Continue reading

NYC mayor sues Manhattan brokerage over allegedly illegal short-term rentals

The New York City Mayor’s Office of Special Enforcement filed a lawsuit Monday against a Manhattan-based brokerage and property management firm, accusing it of converting units at least five properties it manages or owns into illegal short-term rentals… Continue reading

iBuyer Knock raises $400 million in latest fundraising round

Atlanta-based iBuyer Knock has raised $400 million in its latest fundraising round, significantly upping the ante in the high-stakes world of quick turnover, cash-based home buying. The company announced the funding Tuesday, saying that it came in the … Continue reading

Here are Swanepoel’s most powerful and influential people in real estate

Ron Peltier, the CEO of HomeServices of America is the most powerful and influential person in real estate according to sixth annual Swanepoel 200 (SP200), published by T3 Sixty. Peltier beat out other top executives from Keller Williams, RE/MAX, Zillo… Continue reading

Gary Keller bashes rival eXp’s virtual world as ‘old gaming technology’

Keller Williams is allegedly partnering with video animation startup MashMe for its virtual expansion brokerages, according to a source with knowledge of the situation and leaked audio of a two-hour talk on technology led by Keller Williams CEO Gary Ke… Continue reading