Flat-fee brokerage Homie makes remarkable pivot amid upheaval

The Utah-based disruptor “moved our real estate agents from W2 to 1099” while other “non-Homie” agents were laid off last week due to “role redundancy,” a Homie spokesperson confirmed to Inman. Continue reading

Fathom out to raise more than $7M by hiking agent fees, selling shares

Fee increases the flat-fee brokerage implemented for 2023 haven’t stopped Fathom from growing, with Sept. 30 agent count up 13 percent from a year ago, to 11,333. Continue reading

Clever teams with Total Expert to land more lenders and homebuyers

Clever’s integration of Total Expert’s CRM and customer engagement platform could help the company drum up homebuyers who aren’t already working with real estate agents. Continue reading

Is flat fee the future of real estate? Here’s what to know

As home prices have risen, driven by supply shortages and increased demand, many real estate industry experts have started considering whether the existing commission compensation model is still working. Continue reading

‘HGTV generation’ still wants agents

Consumers are more empowered then ever today, but real estate industry leaders still believe agents will be able to thrive over the next decade. Continue reading

Agents skeptical that taking hourly rates could work

In an effort to figure out if hourly rates would actually work for agents and their clients, Inman reached out to a number of real estate professionals. Most were open to the idea of alternative compensation models. Continue reading

Redefy teams up on referrals with Home Captain

The flat-fee brokerage will now connect unrepresented buyers to agents in Home Captain’s network of 32,000 real estate pros. Continue reading

How the US broke Purplebricks: Former employees sound off

Purplebricks announced on Wednesday, it was shuttering it’s U.S. operations. The flat-fee brokerage was only live in the U.S. for less than two years, but still, it’s departure doesn’t come as a surprise to many former employees. Continue reading

RE/MAX co-founder buys more than $3M of company stock

RE/MAX revealed Wednesday that co-founder and former CEO Dave Liniger has just purchased 122,911 shares in the company. Continue reading