Why NAR is on the right side of the agent commission debate

Anthony Lamacchia generally agrees with Homie CEO Johnny Hanna’s take that change is good for the industry. However, he doesn’t see the agent commission “reckoning” as better for consumers as many are painting it. Here’s why. Continue reading

Are real estate commissions going down? Not so much

If home prices are at an all-time high, how can we say that commissions are going down? Here’s what agents might not be noticing when it comes to their commission. Continue reading

Rethinking your life? 5 questions to ask before switching brokerages

It seems like every day a top team or agent is making headlines by jumping to a new brokerage. Before uprooting your business, it’s important to thoroughly explore what you’re looking for by asking yourself a few tough questions. Continue reading

KW advises charging 0% to clients who sell to Offerpad

Keller Williams Realty is advising its agents to charge nothing to clients who sell to the iBuyer Offerpad and instead to only accept payment from Offerpad in the form of a 1 percent commission. Continue reading

Redfin unveils plan to cut out buyers’ agents

Redfin announced Wednesday it has been quietly testing a pilot program in Boston, a revised version of its 2006 service Redfin Direct, that allows consumers to make direct offers on Redfin-listed homes through the company’s website. Continue reading

Realogy has hit pause on big acquisitions. That could change

Since scooping up Climb Real Estate in 2016, the company has moved away from brokerage acquisitions. But Realogy CEO Ryan Schneider revealed how that all might change. Continue reading

Buyer’s side commission confusion? Survey shows alarming results

Nearly half of homesellers don’t realize they pay the buyer’s agent commission fee, according to a survey from flat-fee real estate referral service Clever Real Estate. Continue reading

Discount brokerage Trelora promotes Brady Miller to CEO

Miller, the new CEO, has been at Trelora since August. He previously served as the CFO of Leeds West Group, which owns and manages automotive repair businesses.  Continue reading