From fringe to forefront? What agent ‘steering’ will look like now

A survey of hundreds of real estate agents suggests that “steering” based on commissions used to be rare. After the Aug. 17 deadline, it may become ubiquitous — but with buyers in the driver’s seat. Continue reading

Consumer watchdog advises buyers to pay agents ‘2% or less’

The Consumer Federation of America also tells consumers not to agree to pay an agent just to see a home, but to sign a touring agreement with no financial obligation instead. Continue reading

8 key ways our team is preparing for Aug. 17

Here’s how team leader Carl Medford is being proactive and prepared as his team gears up for the changes that will follow the implementation of the National Association of Realtors’ settlement agreement. Continue reading

Average buyer’s agent commission has fallen since NAR settlement

Redfin’s latest report revealed the average buyer’s agent’s commission percentage has declined in 47 of the 50 largest markets since the National Association of Realtors’ March settlement. However, robust home prices have yielded small gains in commiss… Continue reading

Is luxury real estate settlement-proof? These leaders think so

Luxury homebuyers are used to paying big bucks for quality service. That’s partly why several Luxury Connect panelists in Las Vegas think the NAR settlement won’t make a huge splash in the higher price points. Continue reading

13 more questions agents should ask about commission settlements

There’s plenty that’s still not clear as the Aug. 17 implementation deadline approaches, broker Cara Ameer writes. Here’s how to make sure your seatbelts are fastened low and tight as you brace for potential impact.  Continue reading

11 things great buyer’s agents know before they show a home

Working with buyers is changing. Are you ready? Jimmy Burgess offers the insight you need so you can prove your value as you serve buyer clients. Continue reading

Expect more guidance from NAR — but fewer rules: CMLS CEO Evans

CMLS CEO Denee Evans revealed why she believes NAR will choose not to create new MLS rules over the next six to 12 months ahead of her appearance next week at Inman Connect Las Vegas. Continue reading

What unanswered NAR settlement question are you stressing? Pulse

Buyer agreements for open houses? Workarounds? Concessions? As agents race to comply with terms of the NAR settlement on Aug. 17, Inman wants to help answer your toughest questions. Continue reading

Homebuyers dig the NAR deal until they learn the details: Intel survey

Even if the settlement brings down commissions overall, buyers grow warier the more they learn about what the policy means for them, according to the latest Inman-Dig Insights consumer poll. Continue reading