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
The managing broker of Texas at Side said that luxury buyers in particular seem to understand the value of compensating their real estate agents. Continue reading
NextHome has more than 600 offices across the U.S. but is perhaps best-known for CEO James Dwiggins, who has been a prominent commentator on antitrust litigation. Continue reading
Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry’s most polarizing rules. 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
While most reported normal activity in the weeks after the commission rules took effect, some saw an uptick in listing clients refusing to pay buyers’ fees, new Inman Intel Index results show. Continue reading
The settlement was revealed in a new court filing, though the company has not said how much it might pay. The Keyes Company has more than 4,000 agents working across Florida. Continue reading
Buyers failed to bite this summer despite falling mortgage rates. It has agents about as down on their business prospects as they’ve been all year heading into the NAR settlement era, according to Intel’s Client Pipeline Tracker. Continue reading
Landian, a flat-fee and à la carte brokerage, offers $49 tours and $199 for written offers to sellers, but the real bombshell may be Sitzer’s involvement so soon after the $5B Sitzer | Burnett verdict. Continue reading
Consumers will learn of the commission settlement via a website, emails and postcards. Claims from homesellers hoping to claim some of the settlement money are due by next May. Continue reading