Jun. 24—The Ohio Department of Commerce’s Division of Real Estate and Professional Licensing (REPL) recently sent out an alert to make potential buyers and real estate agents aware of a concerning trend reported nationally: fraudulent real estate listings. This scam involves people who are contacting agents to sell properties they don’t own. A person posing […]
Tag: Realtors
Sex offender who targets NE Ohio realtors reportedly attending open houses
SUMMIT COUNTY, Ohio (WJW) – A warning Thursday night that a convicted sex offender, who has a long-standing obsession with female real estate agents in Northeast Ohio, is once again on the prowl. Longtime realtor Jana Chervenic says the one appointment she will never forget was with Robert Willett, a Summit County man who claimed that […]
Housing supply increases across Central Texas in March, Austin Board of Realtors says
A 10.2% increase in new home listings in March has led to four months of supply in multiple areas of the Central Texas region as the housing market continues to stabilize, the Austin Board of Realtors says. Good afternoon, and thank you for subscribing to Building Austin, our weekly newsletter focused on real estate, growth and development […]
What will the National Association of Realtors settlement mean in California?
Realtor Kevin Stern states in his Valley Voice, “Misconceptions abound in National Association of Realtors settlement” that commission rates have always been negotiable, allowing sellers to customize agreements with their Realtors to suit their needs. Technically that is true, however, for at least the last 10 years or more, a 5 or 6% commission rate […]
Property rights need more consideration in approving housing: Realtors group CEO
Mar. 28—BEDFORD — Towns should give more consideration to individual property rights, permitting people to build more housing on private property rather than invoking local control, according to the head of a Realtors group. Local boards and lawmakers often cite their local control authority in opposing future housing on private property. “Maybe, it’s time to […]
Realtors, Cameron County push homestead exemption
Mar. 26—Only have a minute? Listen instead Getting your Trinity Audio player ready… With last November’s passage of a constitutional amendment that more than doubles the state’s homestead tax exemption, there’s more reason than ever for eligible homeowners to take advantage of it. Many Cameron County homeowners are not doing it, however, though the Boards […]
New Rule Change Could Be ‘Worst Thing Ever’ for Realtors And Great News For Homebuyers, With This Real Estate Stock Seen As A ‘Beneficiary’
In a recent settlement, the National Association of Realtors agreed to change its rule so that anyone who lists a home for sale on any of its databases can no longer offer commission to the buyer’s agent. If the court approves the settlement, the rule change would take place in mid-July. This could bring about […]
Pennsylvania Realtors expect ‘a lot more direct client negotiation with brokers’ after $418m settlement
HARRISBURG, Pa. (WHTM) — No one knows what exactly the business of buying and selling homes will look like following Friday’s settlement between the National Association of Realtors and groups of home sellers, who accused agents of colluding to keep commissions high. But nearly everyone agrees: It will change. In Pennsylvania, “there’s likely to be […]
The 6% commission on buying or selling a home is gone after Realtors association agrees to seismic settlement
The 6% commission, a standard in home purchase transactions, is no more. In a sweeping move expected to dramatically reduce the cost of buying and selling a home, the National Association of Realtors announced Friday a settlement with groups of homesellers, agreeing to end landmark antitrust lawsuits by paying $418 million in damages and eliminating […]
12 Abysmal Realtors Who Are Part Of The Reason Why People Are Fed Up With The Housing Market
1.This realtor who wouldn’t take no for an answer: u/carlosnobigdeal / Via reddit.com 2.This realtor who Photoshopped out the power lines on this house for sale: u/azlfcfan / Via reddit.com 3.Any realtor who takes distorted photos: u/Infernos_Peak / Via reddit.com 4.This realtor who left the key in their client’s door after showing their place: u/DilleyOnMyWilly […]
Is a ‘Mansion Tax’ right for Newport? Realtors raise concerns as home prices rise
NEWPORT – City officials are trying to raise capital to fund over $500 million in needed infrastructure and capital improvements over the next five years, but a county-wide real estate professionals group warned against a recent proposal from the City Council to levy a tax on property sales of more than $2 million, as it […]
Judge rules Realtors’ lawsuit against high-end home sales excise tax may continue
Feb. 26—A state district judge Monday denied a motion from the city of Santa Fe to toss a lawsuit challenging the city’s authority to impose a voter-approved excise tax on high-end home sales. The Santa Fe Association of Realtors, which campaigned heavily against the tax ahead of the November municipal election and filed the suit […]