Real estate professionals would be wise to think like regulators and prioritize compliance when evaluating the potential use of AI in their business, compliance expert Summer Goralik writes
Real estate agents should be familiar with these duties and make sure to adhere to them in order to avoid legal liability and to maintain the trust and confidence of their clients
Davis filed suit, he says, in an effort to restore his reputation after sexual misconduct allegations against him surfaced this year. 'There is a price to ruin someone's life,' his spokesman told Inman
The lawsuit alleges Compass agent Cory Cooper pressured an elderly homeowner to sell her property off the multiple listing service to a real estate investor he knew
The complaint alleges negligence and breach of fiduciary duty after an unknown third party impersonated the brokerage's title company and sent the buyers fraudulent wiring instructions
The real estate franchisor has subpoenaed the discount brokerage for recordings of all in-bound calls, not just those purporting to show agent steering, in multibillion-dollar class-action case
The New York- and Connecticut-based brokerage says it will appeal the ruling, which will allow plaintiffs to sue on behalf of some 20,000 homebuyers and sellers going back more than a decade
Most Florida agents are transaction brokers who don't have to disclose they have no obligation to look out for customers' best interests, according to the Consumer Federation of America
Agents misrepresent themselves and aspects of their transaction, sometimes without even knowing it, according to broker and ethics hearing officer Barbara Betts
Trade group's president accuses commission detractors of duplicity 'for a payout' under the guise of protecting consumers
Real estate commissions are inflated by as much as $50B per year due to the lack of price competition created by having listing brokers set co-op fees for buyer brokers, according to the report in the Berkeley Business Law Journal
Broker and ethics hearing officer Barbara Betts detailed the ways agents misrepresent themselves and the transaction, sometimes inadvertently
A signed buyer representation agreement solidifies the partnership between you and your client, while protecting them during the buying process
The brokerage and a Massachusetts government agency say they are working together to ensure Redfin Direct buyers get a mandatory form that had been previously excluded
Redfin Direct, the tech brokerage’s new service available in Boston, doesn’t provide buyers a required state form. But Redfin says it provides an even ‘more comprehensive’ one