A row is brewing in New York City between renters and real estate brokers, over who pays the thousands of dollars in fees when an apartment is rented. On 12 June, lawmakers in New York met to discuss the Fairness in Apartment Rental Expenses act (Fare act), which would require the person who hires the […]
George Norcross III, right, and lawyer Michael Critchley speak to reporters in Trenton on June 17, 2024, after hearing Norcross has been indicted by the state Attorney General’s Office. (Photo by Hal Brown for New Jersey Monitor) The indictment unveiled Monday that accuses insurance executive and Democratic power broker George Norcross III of overseeing a […]
New Jersey’s attorney general on Monday charged one of the state’s most powerful Democrats and his allies in a sweeping indictment alleging a long-running corruption scheme. The charges against George Norcross are groundbreaking. He has long been the subject of scrutiny by law enforcement and a political task force, but has never been charged. The […]
Given the current solid market performance, it is very difficult for retail investors to choose stocks independently and generate robust returns. For this, one has to understand the fundamentals of a company and try to place them against the present economic background to figure out how it may fare as an investment. One way to […]
NEW YORK (AP) — It’s a familiar and agonizing experience for legions of New York City renters: before moving into a new apartment, a tenant must first shell out thousands of dollars in fees to a real estate broker, even if that person was hired by the landlord. The hefty one-time payments, known as broker […]
WASHINGTON — Over the course of a few hours, the news from the Middle East came into the White House Situation Room fast and furious. Israel orders 100,000 civilians out of Rafah in prelude to invasion. Sign up for The Morning newsletter from the New York Times Hamas “accepts” cease-fire deal, potentially precluding invasion. Israel […]
Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were saddled with artificially inflated broker commissions when they sold their home as a result of longstanding real estate industry practices. The online brokerage and real estate services company disclosed the proposed settlement Monday in a regulatory filing with the […]
BEIRUT (AP) — French Foreign Minister Stéphane Séjourné arrived in Lebanon Sunday as part of diplomatic attempts to broker a deescalation in the conflict on the Lebanon-Israel border. Séjourné was set to meet with United Nations peacekeeping forces in south Lebanon and with Lebanon’s parliament speaker, army chief, foreign minister and caretaker prime minister. The […]
How would you like $1,000 (or more) just for opening a brokerage account or putting money into one? That’s just one of the best broker incentives up for grabs from online brokerages trying to lure you as a customer. X Competition is so fierce among online brokers, many are willing to pay you just to […]
“I have been managing my own investments for almost 20 years and I have done a pretty good job, especially considering I am self-taught.” – Getty Images Dear Quentin, When my father passed away nine years ago, he left a sizable inheritance in trust for my two children, with me as the trustee. My children […]
NORTHWEST, Ark. (KNWA/KFTA) — The National Association of Realtors reached a nationwide settlement that could change the commission structure for real estate brokers. “It’s benefited a lot of buyers and sellers over the years and made it to where buyers could have representation and the largest purchase of their life,” Jamie Crouch, principal broker at Home […]
The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers’ long-standing automatic commissions, commonly of up to 6% of the purchase price. Instead, home buyers and sellers would be able to negotiate fees with their agents upfront. If the $418 million legal agreement is approved by a federal […]