It’s ‘difficult’ for buyers ‘to negotiate lower commission rates,’ watchdog says

The Consumer Policy Center says that buyer’s agents have learned to hedge against the newfound ability of buyers and sellers to negotiate rates. Continue reading

MLS PIN deal wins court approval after DOJ backs off — for now

The $3.95 million settlement in the Nosalek case removes the option to display compensation to buyer brokers via the MLS and goes up for final approval in September. Continue reading

DOJ removes Nosalek settlement objection — with a strong warning

The federal law enforcement agency withdrew objections to a fourth proposed settlement between plaintiffs and MLS PIN Tuesday, but cautioned that the MLS was not immune to future legal action. Continue reading

Crye-Leike joins efforts to remove judge overseeing Gibson lawsuit

Meanwhile, EXIT Realty reaches a proposed settlement with the homeseller plaintiffs in the case. Continue reading

Realtor.com CEO Damian Eales sees a silver lining in portal wars

Ahead of his second Inman Connect New York appearance this January, Eales dished on Clear Cooperation, housing affordability and the bright side of Realtor.com’s ongoing feud with CoStar. Continue reading

Glenn Kelman: It’s ‘game on’ for the 2025 housing market

In his latest CNBC appearance, Redfin CEO Glenn Kelman talked about mortgage rates, the lock-in effect, and how buyer-broker compensation changes are already impacting market dynamics. Continue reading

3 reasons you should be using a buyer agreement now

According to broker Joseph Santini, buyer agreements are good for buyers and good for buyer agents. Find out more about these valuable tools and how to get them signed. Continue reading

Northwest MLS to directly spell out homesellers’ commission obligation

Effective Oct. 3, NWMLS’s forms will specify that buyer broker compensation will come directly from sellers and offer new options for how listing agents and buyer agents will be paid. Continue reading

Northwest MLS breaks the mold to allow public display of agent commissions

The move represents a sharp break from 600 or so other MLSs nationwide, some of whom have threatened to cut off brokerages who have tried to publicly display commissions. Continue reading