A real estate investment exec and a real estate broker are allegedly at the center of the scam, in which four California mansions were leveraged for millions in ill-gotten gains
The decrease in application volume comes as both the refinance index and seasonally adjusted purchase index fell
The Real Estate business is tough. Sadly, there are no loyalties. Each agent is largely out for themselves, while the broker and/or the franchise corporation reap the rewards. This dynamic between the real estate company and the agent has largely persisted over the last 15 years.