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Realtors

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

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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

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

Real Estate Industry

Real Estate Industry Must Refund Homeowners $1.8 Billion

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Federal Court Rules Real Estate Industry Must Refund Homeowners $1.8 Billion. Amount Could Balloon To $5 Billion A Missouri jury has handed down a landmark ruling against the real estate industry. The court ordered the National Association of Realtors and several large residential brokerages to reimburse homeowners $1.8 billion to $5 billion for artificially inflating commissions.

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Real Estate Industry Must Refund Homeowners $1.8 Billion Read Post »

MV Reality

MV Realty Files For Bankruptcy

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MV Realty Files For Bankruptcy After 33 States Investigate Them For Hard Selling NTRAPS To Unsuspecting Seniors MV Realty has filed for Chapter 11 bankruptcy in 33 states. The story was first reported by CBS News. The company is currently faces lawsuits in multiple states. State AGs are investigating the company for allegedly misleading consumers and homeowners.

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MV Realty Files For Bankruptcy Read Post »

NTRAPS

NTRAPS: The New Real Estate Scam Targeting Grandma

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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

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NTRAPS: The New Real Estate Scam Targeting Grandma Read Post »

home sellers

Home Sellers In Hot Markets Are Slashing Prices As Demand Plummets

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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.

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Home Sellers In Hot Markets Are Slashing Prices As Demand Plummets Read Post »

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