Tag Archives: real estate commissions

‘I am not a tour guide’: How to nail tough commission conversations

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Panelists Smita Singh, Cindi Hagley, and Kraig Klaus discussed client requests to negotiate or cut their pay at Inman Connect Las Vegas on Wednesday Continue reading →

Gary Keller singled out as ‘head of conspiracy’ as federal commission lawsuit accelerates

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As oral arguments began Monday in the federal commission case, plaintiffs questioned the role of buyer agents, what a world without NAR’s commission policy would look like and why they believe Keller is leading an antitrust conspiracy. Continue reading →

‘Highly uniform’ commissions designed to thwart competition: study

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The Consumer Federation of America pushes for an end to the sharing of commissions between listing and buyer brokers to spur price competition. Continue reading →

Consumer watchdog: The real estate industry regulates itself

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A report from the Consumer Federation of America found that the vast majority of seats on state real estate commissions are held by industry members, and not one is held by a consumer or housing advocate. Continue reading →

REX CEO calls on NAR to repeal ‘anti-consumer’ rules at conference

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In an open letter, Ryan alleges the National Association of Realtors’ rules prevent hundreds of thousands of Americans from attaining homeownership. He called on NAR to repeal the rules at its Realtors Conference and Expo in San Diego in November. Continue reading →

Homes listed in the MLS sell faster and for nearly 17% more: Study

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Bright MLS looked at 442,829 home sales across its six-state Mid-Atlantic footprint that sold over a 24-month period Continue reading →

Zillow, NAR formed ‘group boycott’ to enforce commission rule: REX

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On Monday, REX alleged that the National Association of Realtors and Zillow use NAR’s segregation rule to hinder competitors who don’t comply with NAR’s commission rule. Continue reading →

Zillow, NAR slam REX’s alleged use of antitrust as a business strategy

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Real estate giants Zillow and the National Association of Realtors are attempting to get an antitrust lawsuit filed by REX Real Estate tossed, hitting back against the discount brokerage’s allegations that it is the target of an illegal boycott. … Continue reading →

NAR ‘cut a deal’ with Trump DOJ to undermine commission suits: CFA

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The National Association of Realtors countered that the Consumer Federation of America’s assertions are “wrong and misleading” and “commissions are very much negotiable.” Continue reading →

‘Double-dipping agents’ overcharge consumers billions in commissions

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Consumer watchdog says dual agency should be banned, but double-ending should not be so long as agents discount their commission and act as facilitators. Continue reading →