EXp sees revenue rise, but agent count dips again in Q1

The company earned $943 million in revenue between January and March of this year. However, by the end of the quarter, agent count was down to 85,780. Continue reading

NAR clarifies when a buyer contract will be required under settlement

In an email, the 1.5 million member trade group specified when agents would have to have signed written agreements with buyers, but stressed NAR would not dictate the agreements’ terms. Continue reading

12 factors that convince a buyer to pay a full-service commission

Expressing your value to clients begins with knowing yourself, writes mega-team leader Carl Medford. You cannot articulate what you have never taken the time to determine on your own.  Continue reading

The good, bad and ugly: Rating the media’s commission coverage

After the National Association of Realtors announced its proposed commission settlement in March, mainstream media covered the historic news with mixed results, an Inman analysis shows. Continue reading

Is NAR a net-positive? It depends if you ask an agent or a broker: Intel

These increasingly uncertain attitudes among agents in March were a departure from brokers, who were more likely to tell Intel that they still view the National Association of Realtors positively. Continue reading

California Association of Realtors CEO resigns after 2 years

Two years after taking the helm, California Association of Realtors CEO John Sebree has stepped down from his post. His resignation went into effect immediately, with C.A.R. subsidiary Real Estate Business Services (REBS) CEO Debra Ferrier taking over … Continue reading

Decades of NAR membership data has vanished amid enrollment dip

Each month, the trade group publicly reports the size of its ranks and other data on its official website. But as recently as this month, state-by-state and national data is nowhere to be found. Continue reading

Sitzer judge grants preliminary approval for NAR settlement

Judge Stephen R. Bough ruled that the sweeping changes NAR agreed to were “fair, reasonable and adequate” and set a final approval hearing for November. Continue reading

60-day clock begins for brokerages seeking to opt into $418M NAR deal

Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered. Continue reading