The ‘secret profit’ trap agents don’t realize they’re walking into
How to disclose properly and avoid unforeseen consequences
Zillow hit with new class-action suit over alleged broker kickbacks
The suit alleges that a requirment for Premier Agents to meet pre-approval quotas on Zillow Home Loans 'as a condition for maintaining access to these high-value leads' led to steering
by Lillian Dickerson Nov 10
real estate kickback rules
RESPA is real estate's biggest party foul. Compliance expert Summer Goralik explains the rules
by Summer Goralik Aug 14
Douglas Elliman dragged to court amid wrongful termination claim
A former employee of Portfolio Escrow — a firm Douglas Elliman acquired in 2020 — says she was fired after raising concerns. But the company accused the former employee of embezzlement
by Lillian Dickerson Jul 21
Escrow under fire: When the playbook ignores the rulebook
Summer Goralik examines practices drawing fresh regulatory scrutiny, putting questionable, and potentially unlawful, incentives between brokers and escrow back in the spotlight
by Summer Goralik Jun 24
Free videos for real estate agents land title company rep in hot water
California Best Title Company Inc. settles case alleging illegal inducements for $150K without admitting wrongdoing, but marketing representative loses license for 3 years
by Matt Carter Mar 28
Rocket Homes off the hook as Trump's CFPB drops lawsuits
Dec. 23 RESPA complaint that accused Rocket Homes of favoring real estate agents who steered clients to Rocket Mortgage is dismissed 'without prejudice' by the CFPB's new leadership
by Matt Carter Feb 27
Stephen Kotler steps down as Western Region CEO at Elliman
Kotler has been with Elliman for more than 30 years, and will return to work in sales alongside his brother and son on the Kotler Team in NYC following a tumultuous period for western operations
Douglas Elliman of California and former escrow head settle lawsuits
The lawsuits between the brokerage company and Portfolio Escrow's Bill Grasska alleging kickbacks by high profile brokers, which were launched in October, are now resolved
by Lillian Dickerson Dec 23
Reality star Jason Oppenheim's kickback scandal: The Download
Can the 'Selling Sunset' star bounce back from kickback accusations, or will they take a toll on his professional reputation?
by Christy Murdock Dec 14
Jason Oppenheim identified as mystery broker in kickback plot
In lawsuits filed this fall, Douglas Elliman accused escrow employees of concocting a commission-sharing scheme with the 'star of a reality television show' but stopped short of naming Oppenheim
Elliman's California business faces lawsuits alleging kickbacks
The allegations launched by 2 former employees claim that closing statements had been altered to bump up agent commissions, with a particular bias in favor of the Altman Brothers
Court doc accuses Josh Team of taking 'kickbacks' — he calls it 'false story'
A company called Aika says it paid $10M in kickbacks to Team while he was still at Keller Williams. But Team contends the story is part of Aika's effort to get out of paying its bills
by Jim Dalrymple II Oct 2
Rocket Homes is target of 'ongoing law enforcement investigation'
The Consumer Financial Protection Bureau launched an investigation into Rocket's real estate brokerage arm in 2020 on eve of the company's IPO. Three years later, the probe is ongoing
by Matt Carter Apr 4
Two men exchanging business cards
Calling it a 'kickback scheme,' HomeOpenly owner Dmitry Shkipin told the FHFA to ban referral fees charged by online brokerages — including Zillow — that don't actually buy and sell property