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A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide claiming that longstanding practices by real estate brokerages ...
The verdict in the NAR lawsuit has made it likely the real estate industry won’t be able to charge 5%-6% commission rates across the board, writes Stephen Brobeck.
Real-estate industry rocked by $1.8 billion verdict finding ‘conspiracy’ to force sellers to pay illegal commission fees Alena Botros, Sydney Lake October 31, 2023 at 8:16 PM
RE/MAX was founded in January 1973 by Dave Liniger and Gail Main (who later married Liniger and became Gail Liniger) in Denver, Colorado. [5] [6] [7]The company was established with a maximum commission concept, meaning that agents would keep nearly all of their commissions and pay their broker a share of the office expenses, rather than paying their broker a share of the commission of each ...
An exclusive buyer agent (EBA) (also known as an exclusive buyer broker (EBB)) is a U.S. real estate firm (or an agent or broker who works in such a company) that represents only buyers of real estate. EBA firms never take listings and, therefore, never represent the seller in a real estate transaction.
He immediately went to work for his father's law firm where he did real estate and title work. [3] From 1955 to 1958, he served as prosecuting attorney for Cape Girardeau County. Subsequently, he was the part-time City attorney of Cape Girardeau, Missouri from 1964 to 1968, while also working in his family law firm, in the same town.
On Aug. 17, rules surrounding real estate commissions are set to change thanks to a legal settlement between the National Assn. of Realtors and home sellers. Proponents hope the new rules will ...
The Columbia City Council is the lawmaking body of the city of Columbia, Missouri. It has seven elected members, including the Mayor of Columbia. Each member represents one of the city's six wards, except the mayor who is elected by city-wide vote. Council members are elected for three-year terms. Elections are held annually, as the terms are ...
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