Business has largely continued as usual with 63 percent of agents reporting that sellers are “frequently” covering buyer-broker commissions, according to a new Real Brokerage survey of 300 agents. Continue reading
Seattle-based brokerage Redfin is taking its commission-based payment model, Redfin Next, nationwide on Oct. 27. Redfin Next enables agents to keep their W-2 status and benefits while earning competitive commission splits. Continue reading
Managing broker and new Inman contributor Cassie Walker Johnson writes that in the evolving real estate market, investing in buyer agent compensation is a wise decision that benefits everyone involved. Continue reading
With fewer transactions in play, agent recruitment and retention comes down, in many cases, to the way agents are compensated, writes Mike DelPrete. Continue reading
California-based agent Mindy Ni alleges Compass failed to pay her commissions and misled her as to the terms of her independent contractor agreement in order to recruit her. Continue reading
Given how slowly change takes place in the real estate industry, any change in compensation may be years off, says author and coach Bernice Ross. On the other hand, if the DOJ were to force the end of the shared compensation, the industry will have to … Continue reading
Lockbox access for non-Realtors and public displays of buyer broker commissions may be added to the list of proposals to be voted on at Realtors Conference and Expo in November. Continue reading
The era of real estate where brokerages are luring away agents with huge signing bonuses is unsustainable, according to Treasure Davis, a Realtor and team leader with the Treasure Davis Team at RE/MAX. Continue reading
A national consumer watchdog is calling for states to ban dual agency and make agency disclosures less confusing, according to a report released Monday. Continue reading