Tag Archives: brokerage

Michigan agents and brokers sue NAR due to antitrust settlement

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The plaintiffs protest “compulsory” Realtor membership to access the MLS after the removal of “the guaranteed broker commission” from the MLS. Continue reading →

Fathom says revenue sharing will help it recruit new agents

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After growing its agent count by 12 percent to 12,224, the flat-fee brokerage says it’s poised for continued growth with new commission plans that pay agents a percentage of revenue generated by the agents they recruit. Continue reading →

RE/MAX’s Motto Mortgage office count is shrinking for first time

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Franchise sales have slowed, and some existing franchisees have canceled their agreements, but Motto Franchising President Ward Morrison expects growth to resume when lending picks up. Continue reading →

NAR membership rebounds ahead of Aug. 17 settlement deadline

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More agents are joining the National Association of Realtors ahead of the approaching Aug. 17 deadline for Realtors and MLSs to implement policy changes. Continue reading →

The market is harder for millennials than it was for boomers: Report

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A new report in “The Wall Street Journal” found that baby boomers had an easier time navigating real estate market challenges in the 1980s than millennials do today. Continue reading →

Realty One Group scoops up Florida indie MVP Realty

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MVP Realty CEO Derek Carlson said moving to Realty One Group will bring agents a variety of upgrades while leaving his company’s core values intact. Continue reading →

From fringe to forefront? What agent ‘steering’ will look like now

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A survey of hundreds of real estate agents suggests that “steering” based on commissions used to be rare. After the Aug. 17 deadline, it may become ubiquitous — but with buyers in the driver’s seat. Continue reading →

Why you probably shouldn’t open a real estate brokerage

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The wisest thing you can do is learn from the mistakes of others, especially when it comes to long-term career decisions that are hard to reverse, Mainframe founder and CEO Sean Frank writes. Continue reading →

Can you survive the squeeze from 2% commissions? The Download

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The Consumer Federation of America raised eyebrows and hackles with its advice to pay only the equivalent of a 2 percent commission for both real estate purchases and sales. Continue reading →

HomeServices commission settlement gets prelim approval

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HomeServices previously agreed to pay $250 million to settle various commission suits. A final approval hearing is set for November. Continue reading →