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In the United States, most homes [1] are bought and sold using real estate agents affiliated with the National Association of Realtors (NAR), an industry lobbying group with over 1.5 million individual members. [2] NAR permits only its members to call themselves Realtors.
On May 20, 2010, the SEC filed a federal case against Edward A. Allen and David L. Olson, two former brokers of World Financial Group / World Group Securities, accusing them of having raised approximately $14.8 million through the offer and sale of promissory notes as part of an illegal Ponzi scheme in the States of Ohio and Florida between ...
When the lawsuit was initially filed, it included Anywhere Real Estate (formerly known as Realogy) as a co-conspirator to NAR’s practices, but that company reportedly settled out for $83.5 ...
The settlement reached by the National Association of Realtors (NAR) over real estate agent commissions could end up hurting an already beleaguered group: homebuyers.. The $418 million deal ...
A powerful real estate trade group has agreed to do away with policies that for decades helped set agent commissions, moving to resolve lawsuits that claim the rules have forced people to pay ...
Sterling Equities, a group of companies owned by Fred Wilpon, was sued in December 2010, for $1 billion by trustee Picard. Wilpon at the time owned the New York Mets baseball team, a sports cable network and extensive real estate holdings. Picard charged that "red flags" were ignored, and there was no due diligence
A dream home became a nightmare when Raegan Bartlo and her husband lost $255K to real estate wire fraud. Learn how this elaborate scam works — and how to spot the signs you're about to be their ...
The growth of Benamor's Richmond Group has attracted media attention. In 2007 it was reported by the Sunday Times Fast Track 100 as 29th fastest growing company in terms of sales, [ 1 ] in 2008 it was ranked 34th in the UK by the Profit Track 100 for profit growth, [ 5 ] and in 2008, [ 6 ] 2009 [ 7 ] and 2010 [ 8 ] it was rated as one of the ...