Consumers will learn of the commission settlement via a website, emails and postcards. Claims from homesellers hoping to claim some of the settlement money are due by next May. Continue reading
On the first day of Keller Williams’ annual Mega Agent Camp in Austin, franchise Head of Industry and Learning Jason Abrams talks commissions and how leaders must help agents thrive — and not just survive — through upcoming changes. Continue reading
CoStar Group founder and CEO Andy Florance shares the next chapter of Homes.com’s $1 billion marketing push and the fallacy of “pure buyer agency” as portals recalibrate their strategies amid a coming commission crunch. Continue reading
Some believe more buyers will come to the table without agents. That could lead to fertile breeding grounds for the polarizing practice sometimes known as “double ending.” Continue reading
Luxury leaders Jay Parker, Liane Jamason, Thad Wong and Daniel de la Vega tackled commissions at Inman Connect Miami, saying agents must know and protect their value as regulatory changes draw near. Continue reading
The real estate brokerage also managed to trim losses and achieved positive free cash flow for the first time ever in a first quarter, according to an earnings call Wednesday. Continue reading
The new touring agreements will last seven days and are a response to terms contained in recent commission lawsuit settlements. Continue reading
Fannie, Freddie and FHA say sellers can continue to pay the buyer’s agent’s commission. But it remains to be seen if buyers will be allowed to finance their agent’s commission into their mortgage. Continue reading
Mega team leader Carl Medford points to several massive shifts that have caused the current commission crisis and the path he sees forward. Continue reading
Two consumers filed the class-action suit in the Circuit Court of Cook County. Unlike similar cases, the latest seeks to represent buyers and sellers — and only names Baird & Warner as a defendant. Continue reading