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Anywhere faces racketeering charges in Minnesota lawsuit

Housing Wire

They allegedly withheld the earnest money deposit and misused equitable title by delaying the cancelation of the deal and using their partial claim on the property to extort money from the Campolis. This included pursuing a sham lawsuit and withholding evidence to avoid exposing their alleged scheme.

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CoreLogic announces strategic partnership with Earnnest

Housing Wire

Earnnest is joining CoreLogic’s Real Estate Alliance Network, making it CoreLogic’s exclusive provider of escrow management services through its suite of MLS products, which includes Matrix, OneHome , MLS-Touch and Trestle. Joining CoreLogic’s Real Estate Alliance Network is a significant milestone for Earnnest. International.

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Agent commissions are being negotiated more often, but it’s a ‘tale of two markets’

Housing Wire

Like with the amount of earnest money deposit or including an inspection contingency, the amount the buyer is asking the seller to pay her agent is a term that impacts the strength of the offer,” Redfin chief economist Daryl Fairweather said in a statement. “We’ve 17, is down only slightly from 2.62% in January.

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From consultation to closing: The definitive homebuying checklist

Housing Wire

Showings: Explain how you, as the agent, will find and send properties through MLS searches and set expectations for how you will conduct property tours. Offers: Outline how making a competitive offer will work, including how price, contingencies, due diligence funds, and earnest money will impact how the seller views an offer.

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Navigating Bidding Wars During a Hot Real Estate Market

RIS Media

– Coming Soon: Homes that are listed as coming soon in your MLS are technically not allowed to be shown but can accept offers prior to showing. Your client should also come prepared with a few other things: a pre-approval letter, earnest money deposit and, if they are paying cash, a proof of funds document.

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What Does ‘Under Contract’ Mean on a Home Listing?

HomeLight

Oriana Shea , a top-rated agent in California who has been helping homebuyers for 26 years, says that, depending on local multiple list service (MLS) rules and where the property is located, a listing might actually be tagged as “contingent” rather than under contract. What contingencies might be attached to ‘under contract’ listings?

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Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” Two important statuses in the MLS are “Contingent” and “Pending.” Doing so could mean the forfeiture of their earnest money deposit.