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
Aleem, Redfin’s chief of real estate services, also said the agents who have joined since the company adopted a commission model are making more money. 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
With the expansion, Redfin Next is now available to agents in 36 markets nationwide, according to an announcement Friday. Redfin execs said the plan has “proven to be even better” than expected. Continue reading
The new “Sign and Save” program promises homebuyers a refund of 0.25 percent to 0.5 percent for signing a buyer agency agreement. Continue reading
Kelman said during virtual Inman Connect on Wednesday that pressure from the bombshell lawsuits and the Department of Justice may ultimately lead to “a different world” than the one that exists today. Continue reading
Redfin will still classify agents as employees but, beginning next year, will transition those in some California markets to an all-commission-based pay program. Continue reading
“This is not a time to stabilize. If you stabilize in a market like now you’re going to fall behind. You have to grow,” Redfin’s Jason Aleem said at Inman Connect Las Vegas Wednesday. Continue reading
Panelists at Inman Connect New York on Tuesday said that brokers err by not having written plans, not being flexible and other shortcomings. Continue reading
Analysts said Redfin isn’t facing an existential moment but nonetheless experienced a uniquely rough period over the past year. These are the 5 biggest challenges Redfin will face in 2023. Continue reading