Tag: Realtors

Another Real Estate Class Action Lawsuit Has Been Filed

Lawyers Who Just Won The $1.8 Billion Lawsuit Against The NAR Have Filed Another Real Estate Class Action Lawsuit  The lawyers who just won the $1.8 billion lawsuit against the NAR over realtor commissions aren’t wasting anytime. They have filed a new real estate class action lawsuit. This time they are seeking class-action status covering…

By Steve
2 min read

RE/MAX Executives Have No Regrets Over $55Million Settlements

RE/MAX Executives Have No Regrets Over $55M Lawsuit Settlement. Company Executives Say Ruling Will Have Little Impact On Their Business The earth shattering ruling against real estate industry last week is still sending shockwaves through the industry. A Missouri jury ordered the NAR and several large residential brokerages to reimburse homeowners $1.8 billion to $5 billion…

By Steve
2 min read

NTRAPS: The New Real Estate Scam Targeting Grandma

Title Advocates Say NTRAPS Or Non-Title Recorded Agreements For Personal Services Target Seniors  A charming real estate agent is helping an elderly couple sell their home except they are not selling right now. When they are, they have an exclusive agreement to use only him thanks to an NTRAPS agreement.  In return for signing the…

By Steve
3 min read

Home Sellers In Hot Markets Are Slashing Prices As Demand Plummets

Realtors See Commissions Plummet As Home Sellers Are Slashing Prices In Hot Markets As Housing Demand Drops Price drops are becoming increasingly common as home sellers are slashing their prices in some of the most popular housing markets. Redfin reports more than 20% of sellers dropped their price in seven of the 10 hottest markets….

By Steve
2 min read