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
A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request. Continue reading
The future of real estate depends on the actions we take today in the wake of Sitzer | Burnett. Coach Darryl Davis offers advice for taking a proactive approach to whatever comes next for brokers. Continue reading
The long-awaited Sitzer | Burnett commission trial is underway in Kansas City, Missouri, and Inman is covering it all live as it unfolds. Check back early and often for news, views, schedules and more. Continue reading
At the Realtors Legislative Meetings, NAR attorney Charlie Lee stressed agents can’t count on a “standard” commission and will have to negotiate compensation with clients and listing brokers. Continue reading
Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined. Continue reading
The real estate tech firm says it will use the increase on new marketing channels and product changes while a critic says high referral fees lead agents to inflate commissions and skimp on service. Continue reading
In a report on Wednesday, the Consumer Federation of America found the median commissions listing agents offered to buyer agents ranged from 1 percent in parts of Brooklyn to 3 percent in Manhattan. Continue reading
Calling it a “kickback scheme,” HomeOpenly CEO Dmitry Shkipin told the FHFA to ban referral fees charged by online brokerages — including Zillow — that don’t actually buy and sell property. Continue reading
Chris Osborn, Mitch Skinner and Claude Szyfer offered an update on multiple industry antitrust lawsuits at the Council of Multiple Listing Services’ annual conference. Continue reading