Apr 25 2024 26 mins
As if almost on cue, another real estate agent commission lawsuit dropped last week. This time it was filed against 50 to 60 mainly local South Carolina agencies. Notably missing this time were the large brokerage that settled their lawsuits with the Sitzer/Burnette plaintiffs. What does this mean for the market?
Also, there is bi-partisan opposition to a bizarre title insurance proposal where Fannie Mae would assume the title risk in place of title insurance companies. It is truly preposterous. Learn if it would affect your closings.
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Gary
* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your area.