Amid a tumultuous year for the real estate industry, Realtors have donated millions to political causes — and Democrats have managed to collect more than Republicans from the industry’s rank and file. Continue reading
Lawyers for NAR, HomeServices of America, RE/MAX, Anywhere and HSF Affiliates denied claims of a conspiracy to inflate commissions, arguing that Homie would have benefitted from the plot. Continue reading
The legal scrutiny over antitrust practices has heightened, with a particular focus on policies that may stifle competition and hinder consumer choice, coach Darryl Davis writes. Continue reading
Reinforcing the fiduciary-level nature of our work as real estate agents has never been more important, Darryl Davis writes. We can start by ditching the outdated title of “Salesperson,” which does not adequately express our professional purpose. Continue reading
John L. Scott and Real Estate One reach settlement agreements in antitrust commission lawsuit filed in Missouri. Continue reading
The suit names Equity Realtors, HomeSmart International and Fathom Realty as defendants. It also describes NAR as a co-conspirator, but doesn’t name the organization as a defendant. Continue reading
Business has largely continued as usual with 63 percent of agents reporting that sellers are “frequently” covering buyer-broker commissions, according to a new Real Brokerage survey of 300 agents. Continue reading
Rayse, which the company has positioned as a way of “pushing back against the settlements,” is backed by Realtor associations, MLSs, brokerages and leaders, including co-CEO James Dwiggins. Continue reading
The managing broker of Texas at Side said that luxury buyers in particular seem to understand the value of compensating their real estate agents. Continue reading
The company denied wrongdoing and said it had agreed to settle with plaintiffs in an attempt to move on and continue growing the business. Continue reading