The people who are going to make
the rules for real estate sales are not even close to understanding the real estate business.
Not exact matches
The full - commission sheriff and the discounting gunslinger square off on Main Street
for the right to
rule real estate sales.
The Headline reads: «Competition tribunal's
ruling a blow
for home
sales by owners» and one paragraph reads: «The
ruling is a setback
for Ottawa's competition watchdog, which has been pushing hard to break the
real estate industry's control over the housing market.»
During the tax debate, the National Association of REALTORS ® was able to secure substantial wins
for residential and commercial
real estate, including retention of the
rules for the exclusion of capital gain on the
sale of a principal residence and preservation of 1031 like - kind exchanges
for commercial property owners.
A Louisiana appeals court has
ruled that a
real estate brokerage may be liable
for a «For Sale» sign placed on the wrong property by one of its salespeople if that salesperson is an employee of the company and not an independent contract
for a «
For Sale» sign placed on the wrong property by one of its salespeople if that salesperson is an employee of the company and not an independent contract
For Sale» sign placed on the wrong property by one of its salespeople if that salesperson is an employee of the company and not an independent contractor.
Louisiana court
rules that
real estate professional's failure to notify lender about reduced
sales price did not affect the buyer's ability to qualify
for a loan by the required date and so entered judgment in favor of the
real estate professional.
HFS Inc. continued on its mission to
rule the world of residential
real estate sales with the announcement Thursday that it has agreed to buy Coldwell Banker Corp.
for $ 740 million in cash and debt.
Leading
Real Estate Companies of the World, a referral network that claims 600 companies representing 150,000
sales associates as members, has added its voice to those calling
for the National Association of Realtors to repeal a
rule change that allows franchisors to index and display Internet Data Exchange (IDX) listings advertised on their affiliated brokers» websites.
As a general
rule in Florida, a creditor of a homeowner can not partition or force the
sale of property if the property has «homestead» protection (exceptions include mortgage holders, construction liens and liens
for ad valorem
real estate taxes).
The inching up of interest rates and more stringent mortgage
rules are among the factors that could play a role in tempering
sales in the hot Toronto region market, says Jason Mercer, director of market analysis
for the Toronto
Real Estate Board (TREB).
Topics Covered Include: TREC
Rules, the Texas
Real Estate License Act, Legal Principles of
Real Estate, Deed of Trust, Contracts
for the
Sale of
Real Estate, and more!
The law was necessary because a state
real estate commission
rule required licensees to call clients to set appointments, creating unnecessary work
for sales professionals, says P.C. Pancake, chair of the Government Affairs Committee
for the West Virginia Association of REALTORS ®, which sought the law change.
A licensee is prohibited, by section 5 - 5 of the
Rules, from inducing any party to a contract
for the
sale or rental of
real estate to break a previous contract
for the purpose of entering into a new contract with another principal.
A warm tribute to
real estate giant Ebby Halliday, tools
for helping clients as new closing
rules near, home
sales ease in August, and NAR in Capitol Hill testimony says drone
rules will have a positive impact on competition.
NAR and its industry partners have long disputed a 2010 HUD
ruling that the
sale of home warranty contracts by
real estate agents
for compensation was a per se violation of RESPA.
I think we need to involve the public and let the public tell this competition burea what has happened in private
sale and private
for sale companies, where nobody verify information, or gets things to lawyers on time, or the property is very often mis represented, It is in the consumers, best interest, to be represented by educated, i
real estate professional to look after the biggest investment of there life, I am sure that the competition burea has
rules as does the insurance industry,
THE BROKERAGES: are the companies
real estate sales representatives work
for; they must adhere to CREA's, RECO's and THE BOARD's demands,
rules and regulations and make sure their reps do the same.
Things to consider: If buying and selling
real estate, being the multifaceted situation that it is, finds itself sometimes even too complex
for trained professionals in some situations, requiring the addition of other trained professionals such as lawyers, inspectors, insurance pro's, appraisers, land surveyors, tax specialists, financial planning and
estate management people or companies, divorce specialists, grief counsellors, expert witnesses, construction people, builder issues, mortgage fraud professionals, banking backup people, ex pat and non-resident specialists, immigration
rules and regs, investment counsellors, to help unravel oddities and eventualities, just imagine the Rubik's cube the journey represents to the average, unrepresented buyer or seller, perhaps even ones in the midst of it while trying to digest a purchase or
sale, going through a divorce or dealing with a grieving relative, due to a death in the family, even more especially where English is not that individual's first language.
The data relating to
real estate for sale on this web site comes in part from Information and Real Estate Services, LLC under IRES Rules © Copyright IRES, and is provided for limited non-commercial
real estate for sale on this web site comes in part from Information and Real Estate Services, LLC under IRES Rules © Copyright IRES, and is provided for limited non-commercia
estate for sale on this web site comes in part from Information and
Real Estate Services, LLC under IRES Rules © Copyright IRES, and is provided for limited non-commercial
Real Estate Services, LLC under IRES Rules © Copyright IRES, and is provided for limited non-commercia
Estate Services, LLC under IRES
Rules © Copyright IRES, and is provided
for limited non-commercial use.
Source: «FTC Will Not Enforce Provisions of MARS
Rule Against
Real Estate Professionals Helping Consumers Obtain Short
Sales,» Federal Trade Commission (July 15, 2011); «FTC Decides Not to Enforce Part of MARS,» HousingWire (July 15, 2011); «U.S. Relaxes «Short
Sale»
Rule for Real Estate Agents,» Dow Jones Newswires (July 15, 2011) Read more: REALTOR ® Magazine's Coverage of the 2011 Midyear Legislative Meetings
Excluded Property: The
rules for like - kind exchanges do not apply to property held
for personal use (such as homes, boats or cars); cash; stock in trade or other property held primarily
for sale (such as inventories, raw materials and
real estate held by dealers); stocks, bonds, notes or other securities or evidences of indebtedness (such as accounts receivable); partnership interests; certificates of trust or beneficial interest; choses in action.
At this time, the Commission has announced that it will not enforce most of the provisions of the MARS
Rule against
real estate professionals who are engaged in obtaining short
sales for consumers.