Tag Archives: commissions

HomeServices commission settlement gets prelim approval

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HomeServices previously agreed to pay $250 million to settle various commission suits. A final approval hearing is set for November. Continue reading →

California Association of Realtors taps Phil Hawkins as new CEO

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Hawkins had been working as the CEO of the Pacific West Association of Realtors in Southern California and will now lead C.A.R. during a challenging time for the industry, Continue reading →

What’s changed since NAR struck its deal: Client Pipeline Tracker

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Declining mortgage rates may finally be bringing some buyers back to the table. But agents will need to see more before they change their skeptical outlook, Inman Intel Index results suggest. Continue reading →

Compass posts gains in revenue and agent count in Q2 earnings

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Compass brought in $1.7 billion in revenue between April and June, and managed to add thousands of real estate agents to its ranks, according to Q2 earnings released Wednesday. Continue reading →

Will flashy gifts and open houses end once commissions decouple?

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Based on conversations with luxury agents across both coasts, there’s still a lot of uncertainty about how far-reaching the changes that come with commissions decoupling may be. Continue reading →

Is luxury real estate settlement-proof? These leaders think so

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Luxury homebuyers are used to paying big bucks for quality service. That’s partly why several Luxury Connect panelists in Las Vegas think the NAR settlement won’t make a huge splash in the higher price points. Continue reading →

It’s a ‘watershed moment’ for commissions: The Download

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Industry analyst Ryan Tomasello, who predicted a 30 percent fall in commissions due to legal, economic and governmental challenges, prepares to take the stage at Inman Connect Las Vegas to discuss consolidation, disruption and innovation. Continue reading →

EXp not ‘doing broker-to-broker compensation’ — with caveats

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A much-discussed listing agreement update reflects upcoming NAR rules, but doesn’t bar sellers from offering compensation to buyers’ agents. Continue reading →

Homebuyers dig the NAR deal until they learn the details: Intel survey

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Even if the settlement brings down commissions overall, buyers grow warier the more they learn about what the policy means for them, according to the latest Inman-Dig Insights consumer poll. Continue reading →

‘Irrebuttable’ sales claims trap brokerages in settlement limbo

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Several brokerages reported transacting over $2 billion in sales in 2022. After the NAR settlement made that an undesirable number, some are stuck and trying to figure out how to move forward. Continue reading →