Effective Oct. 3, NWMLS’s forms will specify that buyer broker compensation will come directly from sellers and offer new options for how listing agents and buyer agents will be paid. Continue reading
Washington was the first U.S. state that saw a confirmed case of the coronavirus. A month and a half later the real estate industry soldiers on amid the chaos. Continue reading
From lockdown orders to the prospect of anyone involved in a transaction getting sick, deals are suddenly in a uniquely precarious position. In response, agents around the country are racing to add coronavirus clauses to their contracts. Continue reading
Canceling open houses, making showings voluntary and offering online training are some of the steps MLSs are taking. More drastic steps may be on the horizon. Continue reading
The multiple listing service has disabled the open house feature in its tech platform, meaning agents won’t be able to input, search or view open houses. Continue reading
Requiring buyers to pay for their agent’s commission would force consumers onto the horns of dilemma. There’s a better way. Continue reading
In a radical move, the high-tech brokerage plans to begin publicly displaying data for all Seattle listings in early October. Continue reading
The move represents a sharp break from 600 or so other MLSs nationwide, some of whom have threatened to cut off brokerages who have tried to publicly display commissions. Continue reading
The battle over listing syndication isn’t new, and the Greater Las Vegas Association of Realtors isn’t the first to flirt with ending automatic syndication. Continue reading