Agents are doubling down on networking to drive business in tough times, according to results from the Inman Intel Index, excerpts of which are available to Select subscribers for the first time. Continue reading
Big names, heated exchanges and the emergence of homeseller plaintiffs on the stand dominated the first week of the Sitzer | Burnett commission trial in Kansas City, Missouri. Continue reading
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.
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The study by a trio of researchers analyzed hundreds of thousands of listings and found that those offering lower commissions to buyers’ agents received less attention and took longer to sell. Continue reading
Inman Director of Research Chris LeBarton is tracking industry sentiment at a major inflection point. He shared what he’s learned from results of the inaugural Intel survey — and what’s to come. Continue reading
Long critical of the lack of real estate commission transparency, watchdog group Consumer Federation of America released steps for creating a competitive landscape around agent commissions. Continue reading
An attorney for the Sitzer/Burnett homeseller plaintiffs calls the change a “stunning admission of guilt” on the eve of a class-action trial set to start Oct. 16. Continue reading
A judge struck down claims that defendants conspired to “fix,” “maintain” and “increase” prices for buyer brokerage services, but allowed claims they sought to “control” prices to proceed. Continue reading
The deal resolves claims in both the Sitzer and Moehrl antitrust cases. The franchisor agreed to change its business practices, including “no longer forcing homesellers to pay buyer’s agents.” Continue reading
Judge Patti Saris, of the U.S. District Court in Massachusetts, preliminarily approved the deal after the settlement fund was restructured. Continue reading