Agents are worth more than the current commission model

Agent, attorney, coach and yoga instructor Renee Fishman joins Bernice Ross to discuss the problems and opportunities provided by the ongoing commission debate. Continue reading

A Maryland homeowner just filed yet another commission lawsuit

The case is the latest of numerous antitrust lawsuits that have emerged in the wake of the October verdict in Sitzer | Burnett. It names NAR, Compass, Redfin and others as defendants. Continue reading

NAR, franchisors ask for summary judgment in Moehrl suit

The National Association of Realtors, Keller Williams and HomeServices of America have all asked a federal judge in Illinois to rule in their favor before the Moehrl case goes to trial. Continue reading

Texas homesellers file new commission suit as cases pile up

The new suit is the second in Texas since the Sitzer | Burnett verdict, and is one of a growing number of antitrust cases challenging the way agents get paid. Continue reading

Georgia homesellers file yet another antitrust commission suit

The Georgia suit accuses NAR and major real estate companies of conspiring to keep commissions high. It’s also the latest in a string of new cases following the Sitzer | Burnett verdict. Continue reading

8 things to remember amid market and consumer upheaval

Right now, agents are feeling overwhelmed by all of the talk and potential changes post-Sitzer. Coach Darryl Davis offers wisdom and action steps to shore up your business against the tumultuous market ahead. Continue reading

Compass trims losses, improves cash flow despite Q3 revenue dip

The brokerage saw revenue fall 10 percent year over year, but also managed to cut net losses from $154 million in the third quarter of last year to $39 million this time around, according to a Q3 earnings call Monday. Continue reading

Sitzer attorney files new suit against Compass, Redfin, others

Michael Ketchmark filed the new lawsuit just moments after a jury sided with his clients in the Sitzer | Burnett case. The new suit claims another batch of companies committed a conspiracy Continue reading

Redfin eliminates salaries, pivots to commission model in LA and SF

Redfin will still classify agents as employees but, beginning next year, will transition those in some California markets to an all-commission-based pay program. Continue reading

As objection handlers come under fire, these 7 ChatGPT ideas hold up

Although you need to be careful with ChatGPT and other AI platforms, they can offer a great resource for idea generation. We asked for ideas on handling objections and got some surprisingly solid suggestions.
Continue reading