State Regulators Examining Brokerage's Homeowner Benefit Agreements
November 15, 2022
State regulators are looking into right-to-list contracts Florida-based MV Realty is recording on properties in various counties. Called the Homeowner Benefit Program, the brokerage offers to pay up front money to homeowners whether or not they have plans to sell their home. ALTA supports efforts to protect consumers by prohibiting the filing of unfair real estate fee agreements in property records, a practice that creates impediments and increases the cost and complexity of selling, refinancing or transferring real estate.
Contact ALTA at 202-296-3671 or [email protected].