Tag Archives: commission

Is US government investigating MLSs and vendors for antitrust?

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The Department of Justice is reportedly demanding CoreLogic and other MLS vendors hand over information related to buyer broker commissions. Continue reading →

Why it’s actually the seller who pays our commission

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For years, our industry has fervently debated who really pays the commission — the buyer or the seller. This debate turned up at the final session of Inman Disconnect, where one attendee argued that it’s the buyers who actually pay the commission becau… Continue reading →

5 things our clients don’t realize we do to EARN commission

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A vast majority of today’s consumers believe that selling real estate is an easy business — and that they can get all the information they need from Zillow. Sadly, these people are seriously mistaken. Next time someone doubts your worth as an agent, sh… Continue reading →

Zillow employee slams ‘illegal commission structure’ in lawsuit

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A Zillow Group employee has filed a class-action lawsuit, alleging ongoing labor code violations, including failure to pay overtime wages. Continue reading →

Douglas Elliman profits collapse amid slower real estate market

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Profits at Douglas Elliman fell by nearly 75 percent in 2018, thanks in part to a slower residential market, according to the latest earnings report. Continue reading →

‘That’s a hard pass’: 6 times agents should say no

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Do you have an overpriced listing where the seller refuses to face reality? Do you have too many commitments and not enough time? Strengthening your “no” muscle can help you avoid trouble as well as enhance your image as a trustworthy individual. Continue reading →

Up against a reduced-fee commission model? Here’s how to win

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How do you compete against what seems to consumers like a better deal? Become the premium agent who provides better tools, top-notch negotiation skills and concierge-level service. Here’s how to do that. Continue reading →

The Agency CEO dismisses Purplebricks agents as ‘plumbers’

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Mauricio Umansky, the outspoken chief executive of The Agency in Beverly Hills, taunted the US CEO of Purplebricks during an Inman Connect panel Tuesday. Continue reading →

3 ways to make giving back part of your business

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From large corporations to individual agents, giving back is becoming more mainstream. If you’ve made the decision to make charitable work part of your business, it’s time to think through execution. Here are a few ideas we’ve seen work well in the ind… Continue reading →