Remove Brokerage Remove Design Remove Purchase and sale agreement
article thumbnail

NAR, Move named in new lawsuit alleging sale of fake leads

Housing Wire

Move Sales , OpCity Acquisitions , OpCity Inc. These processes (the ‘Unlawful Bundling’) are designed to amass a tremendous (and tremendously growing) database which the defendants then characterize as ‘leads,’” the complaint states. who purchased leads, including the so-called fake leads, from the defendants between Aug.

article thumbnail

More first-time buyers rely on mortgage rate buydowns to afford homes

Housing Wire

HomeLight is an Arizona -based real estate platform designed to connect agents with clients. HomeLight notes that this is becoming more common for existing-home sales. HomeLight found that the NAR commission lawsuit and the resulting settlement made buyers and sellers uncertain about how to handle changes to buyer-broker agreements.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Opinion: Broker-to-broker referral exemption does not apply to agent-matching platforms

Housing Wire

“No person shall give, and no person shall accept any fee, kickback, or thing of value pursuant to any agreement or understanding, oral or otherwise, that business incident to or a part of a real estate settlement service involving a federally related mortgage loan shall be referred to any person.” ” 12 U.S.C.

article thumbnail

Coldwell Banker taps Payload for automated earnest money deposits

Housing Wire

Technology provider Payload is integrating with the brokerage firm, according to a recent announcement. Coldwell Banker Realty just made earnest money deposit payments much easier for real estate agents and homebuyers. With its new integration, Coldwell Banker Realty — a subsidiary of Anywhere Real Estate Inc.

article thumbnail

The doxing saga of Michael Arrington’s Miami mansion?

Housing Wire

ONE Sotheby’s International Realty agent Jessica Adams is under fire after TechCrunch co-founder and crypto investor, Michael Arrington took to Twitter on Tuesday alleging that Adams had leaked information about his purchase of a Miami waterfront mansion to the press, creating security concerns that forced him and his family to relocate.

article thumbnail

The doxing saga of Michael Arrington’s Miami mansion?

Housing Wire

ONE Sotheby’s International Realty agent Jessica Adams is under fire after TechCrunch co-founder and crypto investor, Michael Arrington took to Twitter on Tuesday alleging that Adams had leaked information about his purchase of a Miami waterfront mansion to the press, creating security concerns that forced him and his family to relocate.

article thumbnail

What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

Last but not least, real estate agents prepare documents such as closing documents, purchase agreements, and leases while ensuring that the transaction is in compliance with local laws and their client’s terms are met. Now, it’s time to join a brokerage. After agents have partnered with a brokerage, it’s time to get to work.

Agents 448