The way homes are bought and sold is currently undergoing a seismic disruption. Recent lawsuits and legal verdicts are transforming conventional commission structures and practices which have sent extreme shockwaves through the real estate industry. The implications of these shifts, are triggering significant changes and challenges for home buyers, real estate agents, and lenders.
Seismic Real Estate Disruption: Big Change for Buyers, Agents & Lenders
Nov 7, 2023 3:34:02 PM / by Brett O'Daniell posted in Mortgage, Lending, Home Loan, Home tour, real estate, real estate agents, agents, real estate agent, buyer's agent, commission, realtor, closing costs, real estate tech, agency, MLS, before you buy, buying a home, rates, Legal, Mortgage Lenders, technology
Shaping the Future of Real Estate: Lawsuits & Settlements Bring Change
Oct 10, 2023 12:55:01 PM / by Mark Gorman posted in Mortgage, real estate, real estate agents, real estate agent, realtor, real estate tech, agency, MLS, rates
The real estate industry has been hit with a wave of lawsuits and settlements that are shaking up the traditional norms of buying and selling homes. These legal actions are causing a significant transformation in the industry, impacting buyers, sellers, real estate agents, lenders, and industry organizations. Let's explore the major effects that these legal developments are having on the real estate sector.