Property Invests
Some brokerages — including giants like eXp and Anywhere — are advising their agents to use proprietary forms and avoid those from state associations, largely due to concerns with length, legal jargon and provisions that could be deemed unfriendly to consumers.
While the execs noted that it's too early to say how the practice changes will play out, Schneider said he was "happy with the weekend from an Anywhere Real Estate perspective" but added that there's "a lot of confusion and misinformation out there in the industry."
Who the lawsuit affects: The plaintiffs allege that the "unlawful conduct" is "so widespread that it has caused harm to the goodwill of each prospective class member and the residential real estate agency (and brokerage) business as a whole."
But Dwiggins doesn't just answer questions, he asks them of guests on Real Estate Insiders Unfiltered, his podcast with Keith Robinson, NextHome's chief strategic officer.
Addressing housing supply:Harris recently unveiled a plan that includes building 3 million new for-sale and rental homes by removing some of the red tape, which would enable quicker and less expensive construction.
Since the August 2 jobs report, the stock market has regained its footing and mortgage rates have stabilized, as investors balance that data point with other, less dire indicators, like low initial jobless claims.
Stellar had to rewrite policies and procedures, change bylaws, remove content that mentioned shared compensation.
The report pointed out that every ZIP code in the top 10 offered a lower median list price — overall, or per square foot — compared to its surrounding metropolitan area or the rest of the nation's housing market (or both) in June.
"Even with moderately lower mortgage rates, affordability remains close to historic lows due to the high level of home prices relative to incomes," said Mark Palim, Fannie Mae's deputy chief economist.
The case was also national in scope (while Sitzer/Burnett applied specifically to Missouri homeowners), and was later combined with Umpa, another lawsuit filed in the same court.
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Additionally, the founding member level includes a shout-out on the association website and invitations to exclusive events.