A Dallas-area agent and her brokerage were sued after an appraisal district’s square footage information used to populate the MLS listing proved to be incorrect.
The buyer was awarded more than $32,000 by a jury—claimed damages, plus attorney’s fees, and other costs—in a decision that could’ve had major impacts on industry practices. But the brokerage appealed the ruling, with Texas REALTORS® filing a brief in support of the firm’s position, and the Texas Fifth District Court of Appeals in Dallas reversed the jury’s findings.
The reversal is a legal victory for Texas REALTORS® and MLSs and provides legal precedent for future square-footage disputes, according to Texas REALTORS® General Counsel Lori Levy.
Read more about the details of the case and the potential ramifications in the June issue of Texas REALTOR® magazine.