Billion-dollar brokerage’s agent allegedly played lawyer to land a listing
A venture-backed brokerage once valued in the billions and one of its agents could be in hot water after they were alleged to have offered illegal attorney representation to a distressed property owner in exchange for a listing agreement. Marjorie Scholtz has had multiple titles — CEO of rent-to-own company Verbhouse and a residential agent working under San Francisco-based brokerage startup Side — but attorney is not one of them. This is a problem according to debt collector Green Matrix Securities LLC, which filed a lawsuit alleging Scholtz, under the supervision of Side, acted as a lawyer earlier this month […]
A venture-backed brokerage once valued in the billions and one of its agents could be in hot water after they were alleged to have offered illegal attorney representation to a distressed property owner in exchange for a listing agreement. Marjorie Scholtz has had multiple titles — CEO of rent-to-own company Verbhouse and a residential agent working under San Francisco-based brokerage startup Side — but attorney is not one of them. This is a problem according to debt collector Green Matrix Securities LLC, which filed a lawsuit alleging Scholtz, under the supervision of Side, acted as a lawyer earlier this month […]
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