Tag Archives: lawsuits

Long Island man continues 20-year stint in house on just 1 mortgage payment

By | | Uncategorized
Comments Off on Long Island man continues 20-year stint in house on just 1 mortgage payment

Guramrit Hanspal, who hasn’t made a mortgage payment on his home since 1998, avoided another court confrontation — and eviction — in early July. Continue reading →

All that glitters isn’t gold: When luxury real estate fails

By | | Uncategorized
Comments Off on All that glitters isn’t gold: When luxury real estate fails

In the wake of a building collapse in Florida on Thursday, all eyes are on shoddy construction and what happens next as developers rush to complete jobs delayed during the pandemic. Continue reading →

‘Double-dipping agents’ overcharge consumers billions in commissions

By | | Uncategorized
Comments Off on ‘Double-dipping agents’ overcharge consumers billions in commissions

Consumer watchdog says dual agency should be banned, but double-ending should not be so long as agents discount their commission and act as facilitators. Continue reading →

The New Normal: What if agent pay was more than just commissions?

By | | Uncategorized
Comments Off on The New Normal: What if agent pay was more than just commissions?

Commissions are still king, but more and more agents are looking for alternative revenue streams in the form of stocks and profit sharing. Dive into Part 3 of Inman’s New Normal series. Continue reading →

Compass readies for first earnings report after a turbulent month

By | | Uncategorized
Comments Off on Compass readies for first earnings report after a turbulent month

As Compass gears up for its first-ever earnings call on May 12, here’s a review of the brokerage’s first month as a publicly traded company — including acquisitions, lawsuits and stock market highs and lows. Continue reading →

The problem with antitrust litigation as a real estate business strategy

By | | Uncategorized
Comments Off on The problem with antitrust litigation as a real estate business strategy

In the real estate industry, antitrust lawsuits have become more prevalent in the past few years, but perhaps it’s time for litigious parties to take a step back and refocus their energies on sellers and buyers, instead of competitors. Continue reading →

Consumer groups support REX suit against anti-rebate law

By | | Uncategorized
Comments Off on Consumer groups support REX suit against anti-rebate law

The Consumer Federation of America and the Oregon State Public Interest Research Group argue that prohibiting rebates to buyers and sellers stifles commission competition and harms consumers. Continue reading →

Zillow and Trulia beat back patent infringement suit for listing apps

By | | Uncategorized
Comments Off on Zillow and Trulia beat back patent infringement suit for listing apps

‘This ruling ensures we will be able to continue to provide this information,’ said a Zillow Group spokesperson. Continue reading →