Monthly Archive:: May 2012

Supreme Court Provides Clarity on Brokerages’ Administrative Fees

The U.S. Supreme Court last week provided real estate brokers a lot of clarity about administrative fees charged by brokerages when it ruled in favor of Quicken Loans in a lawsuit over unearned fees in the Real Estate Settlement...
May 30, 2012

Gallup Poll: View of Practitioners Improving

The most recent Gallup poll on perceptions of professional integrity shows 77 percent of consumers have either an average, high, or very high view of the honesty and integrity of real estate brokers and sales associates. Of that figure,...
May 29, 2012

Supreme Court Rules Fee Split Required for RESPA Violation

From NAR Legal Affairs: Resolving a circuit split in the manner urged by NAR, the Court rules that RESPA requires a fee split of a settlement-service fee for a §2607(b) violation. In a case involving mortgage lending but which...
May 24, 2012

A Dream Come True for N.D. Home Builder

By Wendy Cole,  Managing Editor, REALTOR® Magazine A year  ago, Daryl Braham, CRB, GRI, was featured in REALTOR® Magazine as a standout broker for seamlessly juggling his duties as broker-owner of Prudential Premier Real Estate in Fargo, N.D., with his...
May 23, 2012

Home Ownership’s Day on the National Mall

May 17 was a good day for real estate. Some 13,000 REALTORS® from every part of the country—and even many real estate professionals from outside the country—joined together at the Washington Monument for one of the most spirited rallies...
May 21, 2012

REALTOR.com Expands With the Web

The Internet is ever-changing. We saw a reminder of that this week, when Google Chrome took the title of world’s most popular Web browser from Microsoft’s Internet Explorer. REALTOR.com, the public listings site for REALTORS®, is regularly introducing improvements to...

A REALTOR® Rally Odyssey

More than 10,000 REALTORS® are expected to descend on the National Mall in our nation’s capital tomorrow morning for the Rally to Protect the American Dream, and not all of them are attending the NAR Midyear Legislative Meetings &...

Can’t Make Rally on Thursday? Attend Virtually

About 13,000 REALTORS® are expected to be at the Washington Monument on Thursday, May 17, for the Rally to Protect the American Dream. If you can’t be one of them, you can participate virtually—and we hope you do. Participating...
May 14, 2012

Flood Insurance: Don’t Give Lenders One More Reason to Say ‘No’

NAR President Moe Veissi told a panel of U.S. senators yesterday that the last thing the housing market needs right now is another reason for lenders to decline your client’s mortgage loan application. “Tight lending standards remain a problem,”...
May 10, 2012

Court Side: Withdrawal of Fair Housing Case Leaves Disparate Impact Issue in the Air

In April, the magazine hosted a webinar with two NAR attorneys—Ralph Holmen and Finley Maxson—in which we examined six cases and their potential impact on your business. Last week, I wrote a post on the RESPA case, Freeman v....