This site is about the overreaching political power of the NC Association of Realtors flush with money from cashing in your equity 6% at a time, leaving you to pay for growth with property taxes, year after year, with or without cash flow. In the last few years NCAR has pumped millions of dollars into NC political campaigns at the state and local level. They have spent millions more to defeat Local Options for Local Governments with misleading ads.

Friday, October 17, 2008

10% Commission Danger Zone

Strange things happen to realtors when 10% commissions are involved. Here are two recent cases that ended up in the NC Court of Appeals:

Brunswick County
No. 07-CVS-255


AUSTIN HATCHER REALTY, INC.,
Plaintiff,
v .
HAZEL GAITHER ARNOLD, MICHAEL JAMES ARNOLD, ROGER WADE ARNOLD, CHARLES TONY ARNOLD, JAMES ARNOLD and JAMES KEITH ARNOLD,
Defendants.
Mecklenburg County
No. 06 CVS 5087

REALTY WORLD PROFESSIONALS,INC.,
Plaintiff,
v.
THE TILLERY TRADITION, INC.,
Defendant/Third-Party Plaintiff,
v.
VERONICA D. McBROOM,
Third-Party Defendant.

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