Massachusetts orders halt to MV Realty’s 40-year listing contracts

Preliminary injunction in Massachusetts says “homeowner benefit agreements” are actually high-interest mortgage loans and can no longer be offered or enforced until case is resolved. Continue reading

MV Realty halts ‘homeowner benefit agreements’ amid 4 investigations

Following lawsuits in Pennsylvania, Massachusetts, Florida and Ohio, the brokerage is redrafting 40-year contracts that offer homeowners cash in exchange for exclusive rights to list their home. Continue reading

‘Homeowner benefit agreements’ in spotlight amid MV Realty probe

North Carolina regulators are investigating alleged predatory and deceptive practices by Florida-based MV Realty, which operates in 33 states and has more than 500 licensed agents. Continue reading

‘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