Realtors have the ability to modify contract terms through optional clauses, riders and/or addenda. To effectively represent a vast array of clients, agents should know their list of options and how each works as part of the full contract.
Dear Shannon: A broker listed a property to include a rental apartment upstairs, figuring the new buyer could get the zoning changed. But it wasn’t zoned for a residential apartment when listed. Should a complaint be filed against the commercial listing broker?
HB 919 contains new rules that impact homeowners associations to boost transparency. SB 170 gives businesses new rights if a local ordinance impacts them.
Another large brokerage settled a lawsuit over buyer agents’ commissions, but NAR will continue the fight for “pro-competitive local MLS broker marketplaces.”
Two Fla. agencies will receive $425K each – one in C. Fla., one in the Palm Beaches – for fair housing testing and enforcement to eliminate discriminatory practices.
New laws impacting insurance lawsuits may be helping. State-run Citizens says it received 200 fewer monthly lawsuits Jan. to June than it did last year.
