RE/MAX agrees to pay $5.5M to settle Canadian commission suit

The company agreed to unspecified business practice changes and to make the payment to move forward from the commission lawsuits in Canada, which largely mirrored those filed in the U.S. Continue reading

Commissions have fallen for homes above $500K, Redfin says

Overall buyer’s agent commissions average 2.37 percent, essentially unchanged since August. Commissions rose for homes below $500,000, according to the new report. Continue reading