Following lawsuits in Pennsylvania, Massachusetts, Florida and Ohio, the brokerage is redrafting 40-year contracts that offer homeowners cash in exchange for exclusive rights to list their home.
Source: Inman News
MV Realty halts ‘homeowner benefit agreements’ amid 4 investigations
More from BrokerageMore posts in Brokerage »
- Earning gratitude: 5 ways to move the needle in your business
- Zillow Flex class-action complaint now includes RICO allegations
- Kris Lindahl on why unapologetic authenticity is your only sustainable marketing plan
- Here’s why SMART goals are dumb and STUPID goals work better
- NAR by the numbers: Dues flat, members ‘sticky,’ cost cuts ahead
More from homeowner benefit agreementsMore posts in homeowner benefit agreements »
More from MV RealtyMore posts in MV Realty »
- MV Realty begins letting Florida clients out of 40-year contracts
- Minnesota latest to sue MV Realty over ‘immoral and illegal’ contracts
- MV Realty loses Colorado license in latest setback over contracts
- MV Realty barred from enforcing 40-year contract in California
- Kentucky, W. Virginia move to ban exclusive, right-to-list agreements
More from SelectMore posts in Select »
- Earning gratitude: 5 ways to move the needle in your business
- Zillow Flex class-action complaint now includes RICO allegations
- Through the bathroom door: What 3D tours reveal about buyers today
- Rebounding mortgage rates dampen homebuyers’ appetites
- The end of ‘just listed’ marketing (and what to do instead)
Be First to Comment