Industry experts have speculated that to save money, buyers may choose to buy homes without using an agent at all. Instead, they may use online real estate platforms, such as Zillow or Redfin, to find properties and then negotiate directly with the seller’s agent.
However, veteran buyer's agents say home buyers can’t afford to forgo an agent. Trying to navigate a competitive market and a complicated buying process leaves buyers vulnerable to missteps, exploitation, and remorse.
Read more at The Star
FTC ban on noncompetes raises confidentiality issues—and can it be enforced?
To keep data safe without the help of noncompete agreements, law firms may turn to other tools to protect their business interests, such as nonsolicitation agreements and trademarks. For information to be entitled to legal protection as a trade secret, the owner of the information must make efforts to protect it that are reasonable under the circumstances.
Read more at ABAJournal
The Michigan man who went viral for driving with a supposed suspended driver's license while attending a virtual court hearing never had a license to begin with, a judge said Wednesday, adding a new twist to a story that has been met with laughter and surprise at every turn.
Read more at Fox News
Going forward, sellers will pay only their listing agent, while buyers will pay their agent out of pocket. In the face of high home prices and mortgage rates, experts expect some buyers to forgo an agent entirely — or use a discount broker. It’s unclear how this will affect home prices or the number of home sales. What is clear is that some will benefit from this new commission landscape, while others could be at a disadvantage.
Read more at Idaho Business Review
