Attention listing agents: ‘Buyer beware’ won’t prevent a lawsuit

Unlike a car salesman or a furniture retailer, Darryl Davis writes, agents operate under a license issued by the state. That license comes with fiduciary duties. Continue reading

NAR Code of Ethics Articles and SOPs new agents overlook most

You passed the licensing exam. But the Code of Ethics that governs this profession doesn’t end with a test score — it’s where your career begins, coach Darryl Davis writes. Continue reading

California Association of Realtors leans into referral fee transparency

CAR issued a statement broadly in support of referral fee disclosure just days after NAR voted against expanding disclosure requirements. Continue reading

6 tips for avoiding lawsuits, legal fees and court in real estate

Here are six common reasons lawsuits happen in real estate. If you want to avoid complicated litigation, follow these best practices from trainer Bernice Ross. Continue reading

Home of serial killer ‘The Grim Sleeper’ at center of buyer lawsuit

Homebuyer Suyeon Park alleges the agents and brokerages on both sides of the deal failed to disclose the serial killer owned and lived in the home and contact from the murderer’s “deranged fans.” Continue reading

The CCP illusion: NAR’s Jedi mind trick on a failing policy

Compliance expert Summer Goralik examines the new watered-down version of Clear Cooperation announced this week along with what it means for agents and consumers. Continue reading

Go Mortgage and PacRes seek economies of scale in merger

Executives and employees of the combined company will continue to serve a nationwide footprint as Go Mortgage, which is hiring retail branch managers and loan originators. Continue reading

Edina Realty settles for $3.5M over ‘secret’ home warranty payments

The deal will refund buyers and sellers after the brokerage allegedly failed to disclose to its clients that it had received payments from Home Security of America to advertise HSA’s home warranties. Continue reading

Clarence Thomas took gift from 2nd billionaire with real estate ties

Decades before accepting travel from real estate developer Harlan Crow, the Supreme Court justice received a Super Bowl ring from Dallas Cowboys owner Jerry Jones, according to reports. Continue reading

‘Do I need to disclose?’ Even more queries ChatGPT can’t answer

ChatGPT can be a useful tool, but it spits out a lot of bad advice, writes Bernice Ross. In Part Two of the series, find out what seller information the AI gets wrong. Continue reading