PAR Service
Answering consumers' pricing misconceptions

Pricing a house is one of the issues that most often causes stress between REALTORS® and clients. Melanie McLane, a 30-year REALTOR® veteran and national real estate instructor, gives answers to common consumer pricing misconceptions.

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PAR Service
Home warranty referral fees restricted under new RESPA rule

Fees paid to brokers/REALTORS® for “marketing” home warranties to sellers or buyers are illegal kickbacks or referrals and are prohibited under the Real Estate Settlement Procedures Act (RESPA), according to an announcement last week from the U.S. Department of Housing and Urban Development (HUD). The ruling took effect immediately.

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