Will lawsuits end 6% commissions? Probably not, 1 law professor says

A provision in NAR’s settlement barring listing agents from offering buyer agents compensation is “largely symbolic,” USC professor Jordan Barry said Friday at a University of Minnesota conference. Continue reading

Agents steer buyers to homes with better commissions, study claims

The study by a trio of researchers analyzed hundreds of thousands of listings and found that those offering lower commissions to buyers’ agents received less attention and took longer to sell. Continue reading

Despite rumors, new USC football coach seeks buyers for 2 mansions

Lincoln Riley, the newly announced University of Southern California head football coach, is seeking buyers for his two Oklahoma residences, contrary to rumors that said the school bought his homes as part of a hiring deal. Continue reading

Real estate execs charged in massive college fraud scheme

Several real estate developers and executives are among the dozens charged in federal court today, in connection with an alleged massive scheme to facilitate cheating on college exams, bribe admissions officials and college varsity coaches to get their… Continue reading