The DOJ has withdrawn from the proposed settlement with NAR, but all that brings to focus is that NAR has been fighting for commission while letting the industry slide in the public’s opinion thanks to the low barrier of entry, disruptors and focusing … Continue reading
Total commission revenue in 2021 could ultimately top $100 billion for the first time ever, according to a new report from Knock. Continue reading
So many new agents choose a brokerage by going with the one that offers the highest split. This can not only be a huge mistake, but it can also set a newbie up for failure. Continue reading
From commissions and entrepreneurism to Poland’s legendary tale of the “one-hour MLS,” there are few places like the U.S. when it comes to real estate. Continue reading
With inventory starvation, agents need to explore all possibilities to gain more listings — and FSBOs are ripe for the picking. Here is a novel way to get in front of potential (and actual) FSBOs and rake in the referrals. Continue reading
Commissions are still king, but more and more agents are looking for alternative revenue streams in the form of stocks and profit sharing. Dive into Part 3 of Inman’s New Normal series. Continue reading
Each month Anthony Askowitz explores a hypothetical real estate situation from both sides of the broker/agent dynamic. This time: A buyer’s agent is upset about listing agents demanding a larger piece of the sales commission. How should her broker react? Continue reading
For salaried employees, child or spousal support depends on the parties’ combined income. However, for agents with fluctuating income based on commissions, how is that support figure calculated? Continue reading
Former Compass agents Todd and Lisa Sheppard have filed a class-action suit against the brokerage for price-fixing and making unfair commission deductions. Continue reading
Buying a home is one of the biggest financial decisions of a person’s life. Being a good agent means offering your expertise and honest opinions to your clients. It also means understanding how to deal with tough buyers while maintaining a healthy work… Continue reading