Dishin' Dirt on Is This the End of MV Realty and the 40-year Listing Agreement

Dishin' Dirt with Gary Pickren · Sep 28, 2023 · 27m

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Many, if not all of you, are familiar with MV Realty's "Homeowner Benefit Program" that pays the homeowners a small sum of cash in exchange for what amounts to a 40-year lien on the property. This lien requires the homeowner and all future owners to use MV Realty as the listing agent for the entire 40-year term and contains stiff penalties for failing to do so. Luckily, these may be coming to the end as MV Realty made a huge move that may spell the end of this arrangement.

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Gary

* Gary serves on the South Carolina Real Estate Commission as…