Real estate lawyers take big stand against agent commission sharing

CRMLS General Counsel Ed Zorn and Leading Real Estate Companies of the World Chief Legal Officer Jessica Edgerton warned agents not to fall back on old practices, like sharing commissions. Continue reading

Real estate’s antitrust woes may continue during Trump’s 2nd term

The real estate industry has been drowning under antitrust lawsuits and complaints regarding its commission and pocket listing rules. Some hope Trump will bring a lighter hand to antitrust, but his nominees for Attorney General and Assistant AG suggest… Continue reading

Umansky, Dwiggins clash in heated debate over Clear Cooperation

While on stage at Inman Connect New York, Mauricio Umansky argued that Clear Cooperation stifles competition. Meanwhile, James Dwiggins said the rule puts the customer first. Continue reading

Zillow CEO Jeremy Wacksman: ‘Everyone wins’ with CCP in place

In his first Inman Connect appearance since becoming Zillow’s CEO, Jeremy Wacksman talked about the Super App, artificial intelligence and why maintaining Clear Cooperation is what’s best for agents and consumers. Continue reading

Luxury Presence debuts Brokerage Listing Networks amid CCP debate

Los Angeles-based Luxury Presence, which launched as a website developer for luxury brands before evolving into a wide-ranging software provider, will unveil the solution at ICNY on Tuesday. Continue reading

Clear Cooperation, embraced by agents, divides real estate clients

In a world without Clear Cooperation, real estate agents who believe in the value of multiple listing services would have more convincing to do, an Intel survey of 3,000 US consumers finds. Continue reading

Supreme Court to decide whether to hear NAR case against DOJ

The justices will review NAR’s petition on Friday and post their decision on Monday. The Realtor trade group urged the highest court in the land to hear its case “to clarify that the government must keep its contractual promises just like other parties.” Continue reading

Robert Reffkin predicts the end of Clear Cooperation in 2025

The Compass CEO, long a critic of the polarizing NAR rule, believes that the real estate industry as a whole will finally come around to his view in the near future. Continue reading

QUIZ: How well do you remember the big real estate stories of 2024?

Scandals, lawsuits, Fed rate cuts and iconic listings made headlines this year and kept the real estate industry buzzing. Now, let’s see how well you recall these standout moments of 2024. Continue reading

Stay tuned: The tumult of 2024 leaves real estate on a cliffhanger

What will happen with the commission litigation? Which companies may merge? How will consumers behave? The only thing that’s certain is that real estate’s next episode will be big. Continue reading