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MLSs turn to AI to catch commission lawsuit settlement violations

Housing Wire

NAR’s settlement agreement — which closed a number of antitrust class-action lawsuits against NAR and major brokerages for allegedly inflating Realtor commissions, and is pending final approval this month — outlines 13 practice changes required of NAR-affiliated MLSs.

MLS
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A homebuyer’s personal story from the post-Sitzer, post-settlement world

Housing Wire

As a real estate reporter, it was not lost on me that the formal start of my house hunt would coincide almost perfectly with the real estate industry working through the nationwide implementation of the business practice changes outlined in the National Association of Realtors ‘ (NAR) commission lawsuit settlement agreement.

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Can Your Condo Developer Stop You From Leasing Your Unit?

Toronto Realty Blog

Case in point: some of these guys had never heard of the “occupancy period” that exists in the world of new condominium development. In order to build a condominium in Ontario, the developer will pre-sell units, that don’t yet exist, and when a certain threshold is met (ie. And to be fair, why should they have?

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An agent’s guide to hiring a real estate photographer

Housing Wire

The more buyers through the door, the more offers youll receive quickly and the higher the sale price will be. Do your research by logging into your local MLS and searching through the listings in your area. Do you offer packages or discounts for purchasing multiple services? Win more listings. Which photos stand out?

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New TRREB Rules: How Will They Affect YOU?

Toronto Realty Blog

If the seller wants to include the garden shed out back, or the sectional couch in the basement that won’t fit up the stairs, then they might do so, and this would be noted in the “INCLUSIONS” section of the MLS listing. Do you see where this is going? Do you see the implications? But what if there’s more ?

MLS
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How to Invest in Real Estate: A 7-Step Beginner’s Guide

The Close

Have a clear investment strategy and long-term goals before purchasing. Crowdfunding: Real estate crowdfunding is when investors pool resources and invest in projects such as new developments or acquisitions. Next, draft an operating agreement that outlines your company’s purpose, structure, and governance.

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Unconventional Methods for Selling a House: Thinking Outside the Box

Rochester Real Estate

Joseph statue, having an auction, establishing a rent-to-own agreement, hosting an open house party, and hiring a discount broker. In my experience as a Rochester Realtor, having the home sale basics down first is essential. Joseph, the family and home patron saint, will help make a quick and successful sale. Joseph Statue 1.