Housing Wire

JULY 16, 2021

Stearns exited that company after it filed for Chapter 11 bankruptcy and bought by Blackstone Group , and he starred on the Discovery Channel’s reality TV show “ Undercover Billionaire ” before founding Kind. Kind has since started a retail channel and claims to have originated nearly $4 billion overall in its first 12 months as a company.

Mortgages 435

Mortgages Lending Bankruptcy Brokerage 435

Real Estate News

DECEMBER 15, 2023

The brokerage, which has been the target of multiple lawsuits and investigations alleging predatory practices, filed for bankruptcy in September.

Bankruptcy 260

Bankruptcy Brokerage 260

Housing Wire

SEPTEMBER 1, 2021

Prior to working at mortgage brokerage Bliss Home Funding Corp. Kaufman, a former lawyer, pleaded guilty to filing false claims in bankruptcy hearings and was disbarred. Today’s guilty plea reminds us of the threat posed by those who prioritize their own financial interests above all else.”.

Mortgages 397

Mortgages Bankruptcy Banks Brokerage 397

Inman

APRIL 4, 2025

Relationships is an easy onboard, swiftly presenting the user with daily opportunities to build business that pulls focus from the need to simply build a giant list of third-degree contacts who have one foot in the market and the other in pending bankruptcy

Bankruptcy 110

Bankruptcy Marketing Staging Technology 110

Housing Wire

NOVEMBER 21, 2022

FGMC) , controlled by global investment management firm PIMCO, filed for Chapter 11 bankruptcy protection in June. Amid surging rates, declining volumes and a reduced appetite from investors in the secondary market, there are a growing number of casualties in the mortgage space, especially in the riskier non-QM segment.

Commercial 369

Commercial Residential Bankruptcy Investor 369

Inman

SEPTEMBER 25, 2023

The company is currently facing lawsuits from more than a half-dozen states over its allegedly deceptive business practices.

Bankruptcy 197

Bankruptcy Brokerage Agents 197

Housing Wire

SEPTEMBER 20, 2024

California is the latest state to take a stand against the right-to-list agreement business plan of now bankrupt brokerage MV Realty. On Tuesday, the office of California Attorney General Rob Bonta announced that it was granted a preliminary injunction against Florida-based MV Realty after filing a lawsuit in December 2023.

Title 440

Title Brokerage Agents As-is 440

Notorious ROB

OCTOBER 24, 2022

What my friend and I ended up discussing is that while we think many agents in 2022 are in the same position as those agents we knew in 2007, we are pretty confident that almost all brokerages are in that same position out of necessity. And over the past few years, brokerages have done very well with this ancillary-revenue based model.

Brokerage 88

Brokerage Bankruptcy Property Management Title 88

Inman

JANUARY 26, 2023

The 2008 downturn nearly drove Marc King into bankruptcy. At Inman Connect New York on Thursday, he shared the steps he learned about avoiding financial ruin and instead growing

Bankruptcy 158

Bankruptcy Brokerage Agents Marketing 158

Inman

APRIL 4, 2023

As both Realtors and homeowners await the outcome, the defendants' next moves — settlement, trial or bankruptcy, may very well reshape the industry’s landscape for many years to come. With the stakes higher than ever in Moerhl, the real estate industry is facing significant upheaval in terms of how listing and selling agents are compensated.

Bankruptcy 143

Bankruptcy Industrial Agents As-is 143

Realty Biz

FEBRUARY 23, 2021

Online real estate brokerage Redfin has said it will acquire the apartment search giant RentPath Holdings Inc. Redfin said it will pay $608 million in cash to acquire RentPath, which filed for bankruptcy in February 2020. If the deal goes ahead, it will enable RentPath to exit the Chapter 11 bankruptcy proceedings.

Bankruptcy 72

Bankruptcy Property Management Brokerage As-is 72

HomeLight

AUGUST 16, 2021

They will also consider your current and previous debts that resulted in foreclosures or bankruptcies. Brokerage account statements. Lenders will often want to see the past two months of statements from any brokerage accounts you have that are being used to support your asset requirements as part of your mortgage loan.

Loans 105

Loans Mortgages Bankruptcy Purchase and sale agreement 105

Realty Biz

AUGUST 26, 2021

The brokerage currently serves Northern Ellis County and the Dallas-Fort Worth Metroplex. Texada started her career as a bankruptcy and foreclosure analyst before transitioning to real estate; financial counseling plays a central role in the firm’s value to clients. Broker/owner Erica Texada established the company in 2016.

Branding 107

Branding Bankruptcy Development Residential 107

The Close

MARCH 9, 2023

During the Great Recession of 2008, I was given the opportunity to lead a large brokerage firm. Within two short years, the Keller Williams brokerage I was leading went from near bankruptcy to number 10 out of more than 700 brokerages! My Brokerage Process and Procedures Plan template is a helpful tool in this process.

Agents 98

Agents Marketing Brokerage Bankruptcy 98

The Close

AUGUST 19, 2024

Marketing and Advertising Include brokerage name and contact information on all marketing materials Same as agent, but can use the trademarked Realtor designation Additional Differentiators May be Realtors or brokers Membership is required in some circumstances. For instance, you must join if your brokerage is a NAR member.

Agents 98

Agents Title Brokerage Bankruptcy 98

GeekEstate

JULY 6, 2023

NAR (the first lawsuit up) and why Monetary damages “Co-Conspirator” status and why that matters Weak vs. Strong injunction Copycat lawsuits Bankruptcy issues Settlement?

Industrial 64

Industrial Bankruptcy MLS Brokerage 64

Fancy Pants Homes

MAY 13, 2022

brokerage Hilton & Hyland to hold an online auction. It does, however, land it a spot on the list of most expensive residential properties ever to be auctioned, a ranking led by Nile Niami’s spec megamansion , The One, sold at a bankruptcy auction for a record $141 million.

Bankruptcy 128

Bankruptcy Title Residential Banks 128

HomeLight

DECEMBER 30, 2021

Rather, information about the listing is kept within a brokerage, and shared on an individual basis with clients who may be interested. That includes any promotion or advertisement such as flyers, yard signs, or brokerage website displays. How MLS listings compare to pocket listings. The listing is then considered an “office exclusive.”

MLS 116

MLS Agents Brokerage Bankruptcy 116

Notorious ROB

AUGUST 26, 2022

The remaining sellers used some other independent brokerage maybe, like EXP or Redfin or someone else. Even 10% is $37 billion — instant bankruptcy for everybody involved. It is not in the least bit surprising why MLS, Association, and brokerage leaders across the country are so very concerned about these lawsuits.

MLS 96

MLS Bankruptcy Brokerage Sales 96

GeekEstate

NOVEMBER 17, 2023

On the CRE side, flex office powerhouse WeWork declared bankruptcy. Seasonally-adjusted annual sales of existing homes were below 4 million (according to Zillow), which is as low as they’ve been since the back side of the 2008 financial crisis. in revenue, a 17% YoY increase.

Bankruptcy 69

Bankruptcy Residential Brokerage As-is 69

HomeLight

OCTOBER 27, 2020

Retirement or brokerage account statements. The lender could also request additional documents if you have special circumstances, such as a past foreclosure or bankruptcy. Proof of other forms of income (real estate, child support, alimony, and so on). Source of the down payment funds. Bank statements.

Pre-approval 105

Pre-approval Loans Due diligence Bankruptcy 105

BAM Media

JULY 2, 2024

After selling real estate for 12 years and being on Million Dollar Listing New York for 10 years, he started his own brokerage, SERHANT. from the #6 brokerage in New York City to #1. “I Plan B is…bankruptcy. Even with all this success, the show kicks off with an audacious goal: to take SERHANT. I want to be first.”

Bankruptcy 52

Bankruptcy Brokerage Agents As-is 52

HomeLight

APRIL 29, 2022

While Zillow is known as a real estate marketplace, Redfin is considered a discount brokerage, offering sellers a 1% listing fee (with some fine print, of course). This site also lists whether a property is in bankruptcy, preforeclosure , or foreclosure. This site does require a subscription and a monthly payment of $39.80 RealtyTrac.

Agents 111

Agents Bankruptcy Loans Sales 111

HomeLight

OCTOBER 1, 2020

Last two months of brokerage account statements. Bankruptcy documents. Last quarterly statement for retirement or 401(k) accounts. 60 days of IRA statements. Debts, financial history, and other obligations. Credit reports from Experian, Equifax, and TransUnion. Recurring debts and expenses. Special circumstances. Divorce decree.

Closing 97

Closing Purchase and sale agreement Inspection Loans 97

The Close

APRIL 5, 2024

Forewarn can obtain a criminal history, verify current vehicle and property ownership statuses, identify financial risks (like bankruptcy), and provide a complete residential address history for almost 90% of people. However, data may still vary depending on availability and coverage. I can’t say they’re 100% reliable!

Agents 98

Agents Property Management Bankruptcy Design 98

Propmodo

JUNE 19, 2023

There was a great deal of drama attached to the change in ownership of the property, and it all began in October 2021 when owner HNA filed for Chapter 11 bankruptcy protection, a move linked directly to the company’s $2.2 When SL Green took possession of 245 Park, the industry was abuzz for more reasons than one.

Bankruptcy 44

Bankruptcy Commercial Finance Industrial 44

Toronto Realty Blog

DECEMBER 19, 2023

In this post, I provided the following reasons: 1) Zoning and approval 2) Economic viablity 3) Financing 4) Bankruptcy 5) The ability to cancel and re-sell without reprisal While a couple of the points are repeated from the previous blog post, the explanations and reasoning are completely different. I absolutely hate it.

Pre-approval 98

Pre-approval Construction Development Agents 98

Housing Wire

DECEMBER 23, 2021

StreetEasy has been biting the hand that feeds it for too long,” said Frederick Peters, CEO of New York City brokerage Warburg Realty. CoStar’s actions included collaborating with law enforcement in the Philippines to raid an Xceligent office, and Xceligent eventually fell into bankruptcy.

Brokerage 422

Brokerage Residential Commercial MLS 422

Housing Wire

DECEMBER 28, 2021

After the fire, the price of PG&E’s shares tumbled and in early 2019 the company, which provides gas and electricity to the vast majority of Northern California homes, filed for Chapter 11 restructuring bankruptcy. In 2020, as part of its plan to exit bankruptcy , PG&E agreed to fund a $13.5

Bankruptcy 388

Bankruptcy New Construction Construction Agents 388

The Close

JULY 20, 2020

I have had the honor of being featured on the cover of REALTOR magazine, and also the embarrassment of filing a very public bankruptcy. When I experienced my very public bankruptcy, literally published in the business section of the newspaper, I was so humiliated that it made me physically ill.

Agents 105

Agents Bankruptcy As-is Development 105

BAM Media

JUNE 24, 2024

But if they hadn’t badmouthed me so bad, I think I possibly could have filed bankruptcy and just given up after two or three years. He summed up the plaintiffs’ position regarding the alleged conspiracy between NAR and several of the top real estate brokerages and explained why the mediators pressed RE/MAX to settle.

Agents 95

Agents House Flipping Investor Industrial 95

Notorious ROB

DECEMBER 13, 2022

Opendoor is a participant brokerage, so all of its listings go into the MLS and get syndicated out everywhere, and it does marketing on top of that. And Opendoor has a wholly-owned closing services division as well as a mortgage brokerage. Scott Brady doesn’t think big brokerages can make the pivot.

Branding 74

Branding Property Management MLS Investor 74

Miller Samuel INC

JUNE 28, 2020

NYRAC made a strategic error that further damaged the long-term credibility of the real estate brokerage industry with the consumer. The market doesn't care what the brokerage community thinks (or what I think). Only sellers matter? Who makes the call to do this? A trade group, a regulatory body, a for-profit platform? -Do

Marketing 59

Marketing MLS Bankruptcy Days on market 59

HomeLight

JUNE 30, 2021

When the exam is passed, the real estate agent can find a sponsoring broker or a brokerage firm where they can begin working. Liens are generally tied to debts, unpaid taxes, bankruptcy, or more. A Realtor® is a real estate agent or broker who is a member of the National Association of Realtors® (NAR). Zoning contingency.

Purchase and sale agreement 98

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 98

App Folio

DECEMBER 18, 2020

The concern is that there’s going to be a large wave of bankruptcies once the stays on foreclosures or evictions expire. Morris was a Senior Vice President with Colliers International, a leading brokerage firm. Morris has successfully completed more than 50 syndications since 1997, raising over $113 million equity.

Industrial 105

Industrial Property Management Investor Technology 105

Inman

DECEMBER 5, 2024

NAR's president also said in a new podcast interview that homeseller-plaintiffs insisted during negotiations that the largest brokerages be left out of NAR's landmark settlement.

Bankruptcy 178

Bankruptcy Brokerage MLS 178

Notorious ROB

DECEMBER 19, 2022

Opendoor can try arguing that Opendoor Connect is a licensed real estate brokerage, and its listings are agent listings belonging to the main tab. Sure, the brokerage part is hurting badly because of the housing market, but the website remains as vital and as viable as ever. Zillow right now.

MLS 79

MLS Agents Pre-approval Brokerage 79