Miami Realtors » Legal Update
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Our blog page provides education and information on relevant legal topics facing the industry. The Miami Association of Realtors involves professionals in all aspects of real estate sales, marketing, and brokerage at the local, state, national and international levels.
Miami Realtors » Legal Update
1M ago
NAR ANNOUNCES PROPOSED SETTLEMENT IN SITZER/BURNETT AND MOEHRL ANTITRUST CASES Posted March 15, 2024 Updated March 21, 2024 MESSAGE FROM MIAMI REALTORS®: As you know, on October 31, 2023, in the Sitzer/Burnett v. NAR, et al. class action case, the jury awarded the plaintiffs $1.785 billion in damages. Another similar antitrust class action case, Moehrl ..read more
Miami Realtors » Legal Update
5M ago
Option to List Zero Compensation Added On November 9, 2023, MIAMI MLS made changes to the MLS Rules to reinforce Participants/Subscribers’ ability to engage in transparent negotiations with customers and prospective buyers by allowing Participants/Subscribers to enter ANY amount in a listing’s cooperative compensation fields, from $0 and up. MIAMI ..read more
Miami Realtors » Legal Update
6M ago
REMEMBER WHY ANTITRUST ISSUES MATTER! In recent years, the real estate industry has seen a wide range of antitrust cases – brought by the Department of Justice, sellers, and buyers alike. Who are they suing? The NATIONAL ASSOCIATION OF REALTORS®, brokerages, and multiple listing services. There are serious consequences for violating antitrust laws ..read more
Miami Realtors » Legal Update
1y ago
LEGAL ALERT: VACANT LOT SCAMS We recently learned from The Fund® that the volume of scams involving vacant lots is on the rise again. For tips on how to avoid falling victim to vacant lot scams, visit The Fund®’s website. Remember, you should always exercise caution in closing transactions where ..read more
Miami Realtors » Legal Update
1y ago
LEGAL ALERT: VACANT LOT SCAMS We recently learned from The Fund® that the volume of scams involving vacant lots is on the rise again. For tips on how to avoid falling victim to vacant lot scams, visit The Fund®’s website. Remember, you should always exercise caution in closing transactions where ..read more
Miami Realtors » Legal Update
1y ago
DO NOT IGNORE CALLS AND EMAILS FROM FREC OR DBPR WHAT IS HAPPENING? Florida Real Estate Commission (FREC) and Department of Business and Professional Regulation (DBPR) are contacting new licensees who are missing the pre-licensing course completion certificate. They are making calls and sending emails – they are legitimate. Do ..read more
Miami Realtors » Legal Update
1y ago
On June 14, 2022, the Broward County Board of Commissioners passed the “Tenant’s Bill of Rights and Notice of Late Fees Ordinance.” You can a full copy of Ordinance 2022-31 HERE. It becomes effective on September 1, 2022. Below is what you need to know to comply with the the ..read more
Miami Realtors » Legal Update
1y ago
Regulators with the Federal Trade Commission on Monday accused the iBuyer of ‘cheating’ and ‘tricking’ consumers. Opendoor disagrees with the allegations but has agreed to settle the case ..read more
Miami Realtors » Legal Update
1y ago
Many thanks to Brian D. Schneider, Esq., a partner with ArentFox Schiff, for hosting a webinar on what you need to know to avoid antitrust issues in real estate ..read more
Miami Realtors » Legal Update
1y ago
Most boxers say it’s the punch you don’t see coming that knocks you out ..read more