Real estate myths BUSTED in 2024

Cara Ameer writes that it’s more important than ever to tout the truth and legitimacy of what is involved with what real estate agents really do and what they are worth.  Continue reading

Objections fly in against NAR and HomeServices settlement deals

The proposed settlements seek to cover too many claims for too little money and let too many in the industry have a “free pass,” more than a dozen homesellers argued ahead of a Nov. 26 decision. Continue reading

Renewed buyer activity boosts pending home sales 7.6%

Easing mortgage rates and increased inventory in September undercut buyer anxiety from the previous months, leading to a 7.6 percent month over month increase in contract signings. Continue reading

Compass envisions recruitment opportunity in industry upheaval

Rory Golod, Compass’ president of growth and communications, spoke to Inman about Clear Cooperation, commission settlements, franchising and much more. Continue reading

Proposed NAR settlement ‘worst of all possible worlds’: Law professor

Tanya Monestier says the settlement “reinforces the existing system of seller-paid inflated compensation while pretending to eliminate it” as attorneys walk away with $333 million in cash. Continue reading

Compass releases ‘reverse prospecting’ marketing tool

The marketing tool provides insights and data on likely buyers who have engaged with properties listed by Compass agents. It may also help Compass’ ongoing push against Clear Cooperation. Continue reading

CMLS urges NAR to keep Clear Cooperation in new letter

CMLS CEO Denee Evans argued against the “removal or significant weakening of a policy so critical to the integrity of our housing market” in an open letter to NAR and its members Friday afternoon. Continue reading

‘Danger Report’ sequel lays out 20 ‘opportunities’ for real estate

The Opportunity Report calls for NAR to regain the trust of its members by making political advocacy its central mission, sunsetting the three-way agreement and reforming its governance. Continue reading

Maine team jumps to eXp Realty, citing commission suits as a reason

Steven Brackett and his 36-agent team have moved to the virtual brokerage. Brackett cited tools and training, as well as the commission lawsuits, as reasons that convinced him to make the move. Continue reading