Tag Archives: agent compensation

Commissions in dollars, not percentages, help consumers

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The Consumer Policy Center argues that percentage-based commissions give buyers’ agents a “backward incentive” and that consumers now have a chance to save money. Continue reading →

DOJ raises concerns with Nosalek settlement in latest court filing

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A Supplemental Statement of Interest filed on Monday by the U.S. Department of Justice argued that the settlement only offers “cosmetic changes” to MLS PIN’s agent compensation rules. Continue reading →

Buyer-broker commissions remain mostly steady since Aug. 17: Survey

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Business has largely continued as usual with 63 percent of agents reporting that sellers are “frequently” covering buyer-broker commissions, according to a new Real Brokerage survey of 300 agents. Continue reading →

Redfin Next expanding nationwide by the end of October

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Seattle-based brokerage Redfin is taking its commission-based payment model, Redfin Next, nationwide on Oct. 27. Redfin Next enables agents to keep their W-2 status and benefits while earning competitive commission splits. Continue reading →

Why buyer representation should matter so much to sellers

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Managing broker and new Inman contributor Cassie Walker Johnson writes that in the evolving real estate market, investing in buyer agent compensation is a wise decision that benefits everyone involved. Continue reading →

Another former Compass agent alleges fraud over compensation

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California-based agent Mindy Ni alleges Compass failed to pay her commissions and misled her as to the terms of her independent contractor agreement in order to recruit her. Continue reading →

What happens if the DOJ kills cooperation and compensation on the MLS?

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Given how slowly change takes place in the real estate industry, any change in compensation may be years off, says author and coach Bernice Ross. On the other hand, if the DOJ were to force the end of the shared compensation, the industry will have to … Continue reading →

NAR to consider listing attribution, DOJ-inspired policies at next event

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Lockbox access for non-Realtors and public displays of buyer broker commissions may be added to the list of proposals to be voted on at Realtors Conference and Expo in November. Continue reading →

RE/MAX team leader: Big signing bonuses aren’t sustainable

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The era of real estate where brokerages are luring away agents with huge signing bonuses is unsustainable, according to Treasure Davis, a Realtor and team leader with the Treasure Davis Team at RE/MAX.  Continue reading →