We asked ChatGPT about agent value. Its answers may surprise you

ChatGPT answered questions about the value a real estate agent has and about how real estate commissions work. Do you agree with its answers? Continue reading

3 steps to earn your share of commissions in any market

Much of your income potential is totally controlled by the activities you choose to do every day, broker Joseph Santini writes, along with your willingness to adjust to the market. Continue reading

Redfin expands commission-based model in Southern California

Redfin’s new commission-based model, Redfin Next, is now available to agents in San Diego and Orange County. Agents will keep their W-2 status and benefits while getting commission splits of up to 75 percent. Continue reading

On the ground in LA: How a divisive ‘mansion tax’ altered real estate

The president of Nourmand & Associates briefed Intel on how a new L.A. tax on high-priced properties has jolted the local real estate industry. Continue reading

Nearly two-thirds of brokerage sites aren’t displaying commissions

Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined. Continue reading

RLTY Capital launches suite of agent Success Services

Agents who sign on can access legal structuring and advisory services, a network of industry thought leaders, accountants, wealth managers and a variety of courses — including some by “Sell It Like Serhant.” Continue reading

Corcoran Global Living CEO awash in lawsuits amid agent pay delay

Agents at some of the California-based franchisee’s 70-plus branches allege delayed commission payments and power outages as CEO Michael Mahon battles lawsuits on multiple fronts. Continue reading

‘I am not a tour guide’: How to nail tough commission conversations

Panelists Smita Singh, Cindi Hagley, and Kraig Klaus discussed client requests to negotiate or cut their pay at Inman Connect Las Vegas on Wednesday Continue reading

Commission study paid for by HomeServices comes under fire

The study argues that decoupling commissions would harm first-time, low-income, and minority buyers, but critics like the Consumer Federation of America say it’s based on a faulty premise. Continue reading

4 commission charts that explain both sides of the Moehrl conflict

The homeseller plaintiffs hope to show the need for change in how agents are paid, while NAR and major real estate franchisors aim to show the status quo is working just fine. Continue reading