The study argues that decoupling commissions would harm first-time, low-income, and minority buyers, but critics like the Consumer Federation of America say it’s based on a faulty premise. Continue reading
Effective Oct. 3, NWMLS’s forms will specify that buyer broker compensation will come directly from sellers and offer new options for how listing agents and buyer agents will be paid. Continue reading
The Consumer Federation of America says lack of discounts for more expensive homes shows “the structure of agent compensation is both inequitable and inefficient.” Continue reading
A slew of lawsuits may radically change how agents get paid and real estate generally. Here’s Inman’s deep dive into what’s going on and what it all means. Continue reading
The homeseller plaintiffs hope to show the need for change in how agents are paid, while NAR and major real estate franchisors aim to show the status quo is working just fine. Continue reading
On Wednesday, eight homebuyers filed an amended complaint, once thought to be dead, against NAR, Realogy, Keller Williams and others alleging NAR rules have inflated agent commissions. Continue reading
The ruling means that Sitzer/Burnett moves forward as a multibillion-dollar class action, currently headed for trial in February 2023. Continue reading
A quick reference guide for common real estate agent expenses to help you determine whether or not they are tax-deductible. Continue reading
For some agents and brokers, the very idea of negotiating commission is taboo. For others, negotiation, even on commission is always on the table, especially in hyper-competitive markets. Continue reading
Rules can and should be changed starting with the way buyer’s agents are paid. Trying to preserve the system at all costs doesn’t make sense. Continue reading