Brokers Over $2B in Volume Should Prepare for Mediation

Get your attorneys on it. Pay close attention to the settlements that have already been announced, and do some 5th grade math.

New FCC Regulation Deals Blow to Real Estate Lead Generators

New consumer protection regulations from the Federal Communications Commission aims to protect consumers from the scams and spam caused by the “lead generator” robo-calls & texts loophole and encourages an opt-in approach for delivering email to text messages.

By |2024-02-13T11:58:11-08:00February 13th, 2024|Legal in Real Estate|1 Comment

The Devastating Effects of Dropping Unilateral Offer of Compensation

A dark cloud is coming to real estate in America, and it’s hitting our shores at the worst possible time.

Litigation May Unravel the Association and the MLS

Through the natural discourse of meetings to hone the best practices of the trade, the association created rules. To be a member of NAR or any association, members must agree to adhere to the rules. These association rules are creating legal problems.

By |2023-11-14T15:32:25-08:00November 14th, 2023|Legal in Real Estate, MLS Insights|0 Comments

The Jury Has Ruled on Commission, So What are the Next Steps

For now, agents need to pay attention to the information from their MLS and their Association of REALTORS, and talk to their Broker.

Real AI: Legal minefield, 5 Facts and AI Meme of the week

By Kevin Hawkins with Korey Hawkins | Vol. 1 Post 6 Real AI is a 100% human-created weekly roundup of all things AI in real estate and emerging AI innovations in other sectors likely to impact real estate, posting a new edition every Friday. AI is creating a legal minefield While the Federal government and dozens of states scurry to create AI legislation, AI cases are already filling our courts. Among the most notable lawsuits: Microsoft, GitHub, and OpenAI are being sued for allegedly violating copyright law by reproducing open-source code using AI. Visual artists in a proposed class-action lawsuit [...]

Should MLSs Lobby for Oversight from the SEC to Block These Stupid Lawsuits?

Today’s legal claims seek to indicate that the cooperation and compensation marketplace is a corrupt conspiracy of anti-competitive collusion and price fixing that undermines the free market for home buyers.

By |2023-09-06T10:16:09-07:00September 11th, 2023|Legal in Real Estate, MLS Insights|0 Comments

Anywhere settles Moehrl and Sitzer/Burnett lawsuits

Anywhere Real Estate, owner of Coldwell Banker, Century 21, Sotheby’s and several other iconic real estate brands, has reached a settlement on two pivotal lawsuits for the real estate industry.

By |2023-09-06T05:36:45-07:00September 6th, 2023|Broker Information, Legal in Real Estate, News|0 Comments

Showing Instructions Should Require Buyer Broker Agency Agreement Today

Every broker may require it of their buyer’s agents today. The real question revolves around when it's required.