In the wake of legal settlements in two of the largest commission lawsuits, RE/MAX and Anywhere revealed their paths forward to investors in Q4 earnings calls last month. Intel reads the tea leaves. Continue reading
Amended complaint alleges Warren Buffett’s company abused the trust inspired by his name to encourage homesellers to use HomeServices and further alleged price-fixing conspiracy. Continue reading
The Consumer Federation of America, an industry watchdog, says that the buyer agreements you’re depending on are woefully inadequate to properly protect homebuyers. Continue reading
Change always brings chaos and disruption, broker Cara Ameer writes. While many of these issues have been lurking in the background before we knew what Sitzer | Burnett was, they illustrate the work that remains to be done. Continue reading
Confused about commission cases? Bernice Ross provides the rundown on what you need to know, what’s most likely to change, how it may impact your pocketbook and steps to take to be prepared for what’s ahead. Continue reading
The fast-growing brokerage also suffered a net loss of $83.7 million in the quarter, which was an improvement compared to the loss one year earlier. Continue reading
Only 31 percent of homebuyers or sellers try to negotiate a lower commission, but 64 percent of those who do succeed, LendingTree survey finds. Continue reading
DeLeon Realty in Silicon Valley began advertising commissions of 3.5 percent or less for homesellers who choose to work with the firm. The marketing push appeared in the mail and social media this week. Continue reading
The trade group will not take on pet projects for the duration of NAR President Kevin Sears’ tenure, which is slated to last until November 2025, he told NAR’s Board of Directors Wednesday morning. Continue reading
Ahead of Q4 earnings this week and next, analysts are narrowing in on the future — and pleased by lower rates and a healthier economy as it rebounds from the final months of 2023. Continue reading