South Carolina homesellers latest in line to sue NAR, Keller Williams

A new commission lawsuit filed Monday seeking class-action status alleges sellers encountered “illogical, harmful, irrational and anticompetitive effects” of NAR’s cooperative compensation rule. Continue reading

New commission lawsuit targets REBNY and 26 companies in NYC

Homeseller Monty March filed suit in the Southern District of New York Wednesday, alleging REBNY rules in Manhattan kept commissions high and violated state and federal antitrust laws. Continue reading

This is your call to action: The new future of real estate starts now

Now is the time when connections serve as the bridge to the future. Inman Connect is more than a name; it’s a call to action. It’s an opportunity to collaborate beyond individual brands, connect ideas, forge partnerships, and navigate the transformativ… Continue reading

Compass snags high-performing Rhode Island Sotheby’s team

The Blackstone Team is based in Providence and closed more than $95 million in sales volume last year. The team’s move to Compass comes amid intense competition for top talent. Continue reading

The Agency scoops up 4 NorCal Compass agents

Over the past few months, 34 agents have joined The Agency from Compass’ Northern California offices. In total, The Agency has brought on 72 agents in the region over the course of 2023. Continue reading

Fathom Realty continues to grow agent count with rebound in sight

While transactions fell 15 percent from 2022, Fathom executives said during a Q3 earnings call Wednesday that its flat fee commission split model helped its agent network grow by 13 percent. Continue reading

Weathering the storm: A Q3 2023 earnings roundup

From brokerage companies to portals to lenders and investors, Airbnb to Zillow, we’ve got the news you can use about the dollars and cents that are driving the real estate economy right now. Continue reading

Exclusive Survey: 95% would pay a buyer agent under right conditions

A majority of potential buyers say they’re open to paying their agents in the wake of legal threats to commissions, according to results from a joint survey conducted by Inman with Dig Insights. Continue reading

Mother of all commission suits filed in Illinois, this time by homebuyers

“Batton 2,” exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at many of the defendants in another new suit called Gibson. Continue reading