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What Is Probate in Real Estate?
Probate in real estate refers to the legal process of transferring property after a homeowner’s death. This process involves validating the deceased’s will, settling debts and distributing assets to heirs. Understanding probate is crucial for buyers, sellers and inheritors of real estate. Understanding estate planning for the family should never be overlooked. My guide will…
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HomeLight lands $20M, adds 40 new ‘Buy Before You Sell’ states
HomeLight is partnered with more than 10,000 loan officers and 28,000 real estate agents to offer Buy Before You Sell in 46 states and Washington, D.C. -- everywhere but Alaska, Massachusetts, New York and Rhode Island.
Team Tactics: What to Make Sure Your Team Knows About the NAR Rule Changes
As of August 17, 2024, the National Association of REALTORS® (NAR) has officially implemented major rule changes. These changes, crafted as part of a settlement package by NAR, which continues to face numerous class-action lawsuits from homesellers, are centered around removing cooperative compensation offers from MLS listings and mandating explicit representation agreements between real estate…
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Realtors file suit against Move, NAR over ‘fake leads’ scheme
Eight Realtors are seeking class action status in their lawsuit against Realtor.com for allegedly selling unvetted and fraudulent buyer and seller leads. This is the third lawsuit against Realtor.com and parent company Move over its lead gen business.
NorCal Team Leader Scooped Up Early Success
Above, Trish McCall. Shown below, additional McCall team members. Photo credit: Ashley Gomez of Digital Twinners As a traveling sales rep some 25 years ago, Trish McCall was logging 1,000 miles a week when she listed her Northern California home for sale. “I had a fabulous agent,” McCall said. “She did a great job for…
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Compass launches new division for older real estate consumers
The launch comes as the Baby Boomers race into their elder years, creating what some observers have referred to as a "silver tsunami."
New, Novel Lawsuits Arise as Others Develop
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Homie Technologies sues NAR Homie Technologies—a Utah-based flat-fee firm—filed an antitrust lawsuit against the National Association of REALTORS® (NAR) in the U.S. District Court for the Central District of Utah on Aug. 22.…
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Pending starter home sales soar as first-time buyers return to market
Pending sales of starter homes surged 10.2 percent in July, reaching their highest point since October 2022 as mortgage rates began to decline, according to data released Monday by Redfin.
Weichert Ranks Among Forbes List of America’s Top Employers
Weichert, Realtors has announced the company was recently named one of the nation’s best places to work, according to the Forbes list of “America’s Best Employers by State” for 2024. The real estate brokerage ranked No. 15 out of 90 New Jersey employers, a release noted. “We are honored that Weichert, Realtors is once again…
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David Copperfield’s final New York act? The disappearing owner
A lawsuit filed in New York this month alleges that Copperfield abandoned his penthouse in a state of disrepair, leaving the Galleria's other residents to deal with flooding apartments and common areas below the unit.
Nominate a Real Estate Newsmaker Before It’s Too Late
RISMedia is still accepting nominations for its next class of Real Estate Newsmakers—those individuals from across the U.S. who are making headlines for their commitment and contributions to the real estate industry in 2023, as well as going the extra mile to positively impact their peers, colleagues, clients and the communities they serve. The 2024…
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New-Home Sales Pop, but Experts See Deeper Shifts
New-home sales, which have been up and down this year after experiencing historic surges post-pandemic, saw another major jump in July, according to the U.S. Census Bureau, rising a blistering 10.6% from the previous month and 5.6% from a year ago as buyers flocked to new builds against the backdrop of economic and interest rate…
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DOJ Sues Property Management Software Giant for Price-Fixing
The Department of Justice (DOJ) and eight state attorneys general on Aug. 23 charged real estate software company RealPage with helping conduct an illegal endeavor to drive up the price of rents in cities across the United States, using “algorithmic pricing software” to allow landlords to coordinate rather than compete to the detriment of renters.…
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LPT Realty rolls out ‘Buyer Power Tools’ resource for agents, clients
The Florida-based brokerage's buyer-focused marketing and educational resources are made for agents in need of assistance as they pitch buyer representation services, executives told Inman.
