FW: Inman PM: Calling out real estate 'junk fees'

 

 

Mark Daniel Adamczyk / Realtor
Office: 407-909-9331
Cell: 407-949-1916
Mark@ItsYourSale.com

 

http://www.ItsYourSale.com

 

From: Inman News Headlines [mailto:dailynews@inman.com]
Sent: Thursday, May 14, 2009 4:27 PM
To: mark@itsyoursale.com
Subject: Inman PM: Calling out real estate 'junk fees'

 

Don't just advertise, dominate your market. As the Cyberhomes Neighborhood Expert, you'll have exclusive access to current data embedded in an integrated marketing system. READ MORE » TODAY'S TOP STORIES = Premium Member News - Join Now » Thursday, May 14, 2009 Calling out real estate 'junk fees' It is all over the Internet news. A court ruled that an "admin fee" that real estate brokers sometimes charge buyers or sellers may in some cases be a "junk fee." "In a decision late last month that is sending shudders through the realty brokerage industry, U.S. District Judge Virginia Emerson Hopkins in Birmingham, Ala., ruled that when a realty firm charges clients an 'admin' fee, for which no specific settlement services are performed, the fee violates federal law," Washington Post columnist Kenneth R. Harney reported. More » Feds get behind short sales Making Home Affordable program expanded Homeowners ready to call bottom Survey: Signs of turnaround could unleash 'shadow inventory' Top mistakes troubled borrowers make Why it's best to take action sooner than later The water-billing nightmare Rent it Right OTHER TOP STORIES Hard-hit states key to housing rebound Expert: 'Collateral damage is amazing' Broker fights sellers' right to sue Real estate law: McAvoy v. Hilbert Techie: Social Web links agents, consumers Real Estate Connect Speaker Profile: Dan Woolley Survey: Closing in on REOs and short sales From Inman Blog More Headlines » NOTABLE QUOTE "Nobody is calling search engines scrapers, but the (policy) requires the IDX broker to prevent unauthorized use." --Tom Renkert SURVEY Fixing the Foreclosure Crisis Complete the survey for a chance to win a $200 gift card	Content is King! License Inman News real estate content and position yourself as THE source of online real estate information in your market for less than $50 per month. Publish Inman News content on your site » MOST E-MAILED Seeking closure on short-sale holdups The loan mod to-do list Realogy posts $259 million Q1 loss COMMUNITY Eco-Cities: What Role Should Realtors Play With Green? "The recent Earth Day gave the green revolution another ..." More Community » A Year's Worth of Networking in 3 Days. Real Estate Connect San Francisco 2009. REGISTER TODAY »
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