CRMLS removes seller concession fields due to CAR forms change

California Regional MLS will continue to allow agents to indicate whether sellers will consider concessions but will no longer have the option to specify a dollar amount or percentage. Continue reading

Ed Zorn to the real estate industry: Get rid of commission-sharing now

The attorney and broker dives into the nuances of seller concessions, steering, buyer agents’ jobs, and avoiding future antitrust trouble ahead of his appearances at Inman Connect Las Vegas. Continue reading

Lamacchia: ‘Nothing’s changed’ about mortgage commission rules

Anthony Lamacchia thinks some agents are reading too much into guidance issued by mortgage giants Fannie Mae and Freddie Mac confirming sellers can continue to pay buyer’s agents’ commissions. Continue reading

Attorney lays out how real estate can survive the commission suits

At Inman Connect, Ed Zorn proposed mandating buyer representation agreements, killing the MLS compensation field, adding a concession field, and creating a fund to pay out settlements. Continue reading