A New Jersey appellate court has considered
a challenge by a real estate broker to the trial court's decision that the broker breached his fiduciary duty to his clients by misrepresenting the status of property negotiations.
Not exact matches
But Leonard, whose son worked as a mortgage
broker in Atlanta, acknowledges that the
challenges posed
by today's economy have been every bit as painful for
real estate professionals as a bad day in the ring.
One - hundred percent of
real estate brokers recently surveyed
by Clareity say agent technology adoption is a
challenge, and over 80 percent say communication is lacking.
Despite recognition on both the federal and state levels as an acceptable practice
by real estate brokers, plaintiffs have
challenged whether
real estate agents can properly be classified as independent contractors under various state laws.
Challenged by demand for discount and other unconventional brokerage models, and potentially disintermediation,
real estate broker / owners today are charged with embracing innovative practices while maintaining profitability.
The owner, who may be represented
by a
real estate attorney, agent,
broker or appraiser, can
challenge the assessment before his or her county's Value Adjustment Board (VAB).
In the case, sales associates affiliated with Boston Pads LLC a
real estate brokerage company,
challenged their status as independent contractors on the grounds that they were subject to supervision
by their
broker, among other things, and therefore should be considered employees based on a three - pronged test under the state's independent contractor status.
Brokers Technology, LLC is privately funded
by individuals with first hand experience with the successes and
challenges associated with the
real estate industry.
We believe that the opportunities in the
real estate business are what might be considered the industry's Sacred Cows, or those things that the majority of agents and
brokers believe to be the way it will always be but which will be
challenged by up and coming companies.