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Damian Eales on recent commission lawsuits and the role of buyer agents

Housing downturn has hit bottom

Total housing sales in 2010 will be down about 8% from last year, and will mark the bottom the downturn, says a monthly report from Fannie Mae economists. The economic outlook from Fannie Mae’s Economics and Mortgage Market Analysis Group is fairly upbeat looking ahead.

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HomeServices, Hanna Holdings have highest number of core services transactions in RealTrends Verified
HomeServices settles commission lawsuits for $250M 

HomeServices of America, the last remaining defendant in the landmark Sitzer/Burnett commission case, has agreed to pay $250 million in damages to settle lawsuits that will change agent compensation.

3d rendering of a row of luxury townhouses along a street

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