Legal News Archive

Florida Realtors’ legal team will discuss the proposed NAR settlement of the antitrust litigation during a live online video meeting on Thursday. Realtors are encouraged to submit questions in advance. 

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NAR issued a statement following inaccurate media coverage that included the false representation or suggestion the association requires a 6% commission.

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Florida Realtors President Gia Arvin said the state association “looks forward to continued opportunities for our members to provide their expertise and valued services.”

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Check the paperwork and read for context. “Non-recourse” is more of a description of how a loan works than a direct term, so it could be described differently.

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Your exhausted seller received five offers in one day. Four are over asking price, but the last one offers $50,000 less, possibly making it a waste of time for an already overwhelmed seller. Must you still present it? Perhaps not – but only under very specific conditions.

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While U.S. tax law supports the current definition of an “independent contractor,” recent changes to U.S. labor law call it into question, and that could potentially impact Realtors.

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Before leaving a real estate brokerage firm, associates should thoroughly review their independent contractor agreement to find out what portion of commission, if any, the associate will be entitled to after leaving.

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