article thumbnail

Exploring the Worst Case Scenario: On Bankruptcy

Notorious ROB

Had a conversation recently with the CEO of a large MLS who desires anonymity. The post Exploring the Worst Case Scenario: On Bankruptcy appeared first on NotoriousROB. But who he is is unimportant since the topic is the point. Specifically, the commission lawsuits of Sitzer and Moehrl are the real big OMFGs. Please login or sign up.

article thumbnail

NAR runs out of liability insurance coverage: Sources

Housing Wire

So your only leverage in negotiating the settlement is, ‘We’ll just file bankruptcy.’” The news about NAR’s insurance predicament began circulating late Wednesday , with industry analyst Rob Hahn highlighting the news in the Thursday edition of his email newsletter NotoriousROB. That this is an enormous issue is understating things.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Here’s how to find property owners ready to sell

Housing Wire

PropStream takes data from a variety of resources – including public record, MLS information, U.S. For example, it shows whether the owner has ever filed for bankruptcy or if they’re facing foreclosure. We have a lot of information and make it really simple and easy to access.”. “We

article thumbnail

Selling a House ‘As Is’ in North Carolina

HomeLight

MLS has field to mark a listing “as is”? Looking to sell a house “as is” in North Carolina? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. Let’s just say that I wore the wrong outfit,” she says of her first visit to the property.

As-is 83
article thumbnail

Potential Damages from Moehrl v. NAR

Notorious ROB

The key difference is that Sitzer/Burnett was concerned only with Missouri: The local realtor associations own and operate various MLSs, including the Heartland MLS, Columbia Board of Realtors (“CBOR”),Mid America Regional Information System (“MARIS”), and the Southern Missouri Regional (collectively, the “Subject MLSs”). NAR is asking for.

MLS 96
article thumbnail

Hit list: Inside CoStar’s all-out war against Zillow

Housing Wire

CoStar’s actions included collaborating with law enforcement in the Philippines to raid an Xceligent office, and Xceligent eventually fell into bankruptcy. Andy Florance, CEO and founder of CoStar. Zillow is no longer a relevant player,” said Andy Florance, the CEO and founder of CoStar. “We Zillow is actually not used by many homebuyers.”.

Brokerage 329
article thumbnail

9 Proven Strategies to Find Hidden Listing Inventory in 2022

The Close

Begin with an MLS search of the past 12 months’ sales in the area your client is looking. Every agent knows that they can find expired listings on their MLS or using Vulcan7. You can sometimes use your MLS, but there are prospecting platforms like Vulcan7 that make prospecting expired listings much easier.