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PRELIMINARY APPROVAL OF SETTLEMENT AGREEMENT GRANTED

April 23, 2024 | Comments Off on PRELIMINARY APPROVAL OF SETTLEMENT AGREEMENT GRANTED

This past weekend, the Plaintiffs’ counsel in the Sitzer v. Burnett class action lawsuit filed a Motion for Preliminary Approval of the proposed NAR settlement agreement with the federal court in the Western District of Missouri. Today, Judge Bough granted that motion which means that, as of today, the settlement agreement is preliminarily approved. Settlement…

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Buyer Financing and Commission Financing After the Settlement

March 20, 2024 | Comments Off on Buyer Financing and Commission Financing After the Settlement

The below information was shared by NAR in The Hub. We strongly encourage all members to create your Hub account to track updates and information provided by NAR. The recently announced settlement raised several questions regarding access to mortgages and the ability to finance agent commissions.  In short, under the settlement, buyers still have the same…

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Update Regarding NAR Proposed Settlement in Class-Action Lawsuit

March 20, 2024 | Comments Off on Update Regarding NAR Proposed Settlement in Class-Action Lawsuit

Following up on NAR’s March 15 announcement of a proposed settlement to end the Sitzer/Burnett class-action lawsuit, Washington REALTORS® has released a video update breaking down the three aspects of the proposed settlement and what their impacts are likely to be for real estate practitioners in Washington State. At a fundamental level, the proposed rules…

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In the Mood for a Little Spring Cleaning?

February 27, 2024 | Comments Off on In the Mood for a Little Spring Cleaning?

In the mood for a little spring cleaning? Whether you hire a house cleaning service or you prefer DIY, you know why a good “Spring Cleaning” is so important.  Spring is when we come out from the dark shroud of winter into the light and enjoy the blossoming trees and flowers. Spring is the season…

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Battling the Downpour: How Western Washington’s Rainy Season Impacts Homes and the Importance of a Home Inspection

February 14, 2024 | Comments Off on Battling the Downpour: How Western Washington’s Rainy Season Impacts Homes and the Importance of a Home Inspection

Written by Herb Daniels Battling the Downpour: How Western Washington’s Rainy Season Impacts Homes and the Importance of a Home Inspection As the lush green landscape of Western Washington transforms into a canvas painted in myriad shades of gray, residents brace themselves for the onslaught of the rainy season. While the rain brings its own…

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Unlocking the Power of Pre-Inspections

December 19, 2023 | Comments Off on Unlocking the Power of Pre-Inspections

Unlocking the Power of Pre-Inspections: A Strategic Approach for Sellers By:  Jon Teabo, President of A-Pro Home Inspection Services In the ever-evolving landscape of real estate, sellers are constantly seeking innovative ways to stand out in a competitive market. While the legal requirement to disclose property conditions is well established, savvy sellers are increasingly turning…

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What Comes Next After Verdict in Burnett v. NAR?

November 20, 2023 | Comments Off on What Comes Next After Verdict in Burnett v. NAR?

What comes next after verdict in burnett v. nar? After an 11-day trial in the case of Burnett v. NAR et al, and only 2.5 hours of deliberation, the eight-person jury found the National Association of REALTORS® and other corporate defendants liable in the case with a recommendation that the defendants must pay $1.78 billion…

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Navigating the Home Inspection

November 7, 2023 | Comments Off on Navigating the Home Inspection

Navigating the Home Inspection Process By:  Jon Teabo, President of A-Pro Home Inspection Services The journey of buying or selling a home is an intricate dance, and one crucial partner in this endeavor is the home inspector. As REALTORS, you play an essential role in helping your clients prepare for a home inspection and facilitating…

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Tacoma Measure 1 Will Hurt Providers, Renters

November 6, 2023 | Comments Off on Tacoma Measure 1 Will Hurt Providers, Renters

Tacoma Measure 1 will hurt providers, renters regina madiera-gorden, realtor Like many of Tacoma’s housing providers, my husband and I are small-scale providers of rental units in the City of Tacoma. Our margins exist in the hundreds of dollars, not millions. Our existence as housing providers in the City, as well as our renters’ home,…

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Tacoma Measure 1’s Impacts to Housing Market

October 19, 2023 | Comments Off on Tacoma Measure 1’s Impacts to Housing Market

tacoma measure 1 will hurt renters, providers Tacoma Measure 1 Will Hurt Small Housing Providers, Renters Tacoma Measure 1 presents an existential threat to rental housing providers in the City of Tacoma as it poses risks which will be too costly to bear for many, particularly small housing providers. Small “mom and pop” providers are…

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