Judge halts commission-sharing case alleging inflated buyer costs

Unlike two federal cases that claim seller costs are inflated by commission sharing, New Jersey homebuyer’s lawsuit argued that buyers are the ones unfairly impacted. Continue reading

Payload Keybox secures seed funding in pursuit of $1B in transactions

Payload’s functionality focuses on quickly and safely sending earnest money, broker invoices and any other form of transaction within the context of conducting real estate business. Continue reading

‘Brain exploding!’: Agents, brokers torn over commission suit ruling

Agents and brokers told Inman they’re reeling over a federal court’s decision to grant class action status in a commission suit that could rock the real estate industry by changing how they’re paid. Continue reading

Federal commission suit now a class action; NAR, Realogy vow to appeal

A U.S. District Court judge granted class certification in one of two federal commission lawsuits that could rock the real estate industry and impact how agents are compensated nationwide. Continue reading

Gary Gold: NAR’s pocket listing policy is ‘nonsensical, stupid’

Real estate’s premier luxury agent argues that the Clear Cooperation Policy is “authoritarian” and accomplishes the opposite of its stated intent in an exclusive interview with Inman. Continue reading

A world without paper checks is coming. Are you ready?

DepositLink Pay eliminates inefficiencies and liabilities for real estate brokerages, title companies, and escrow holders by offering a simple way to make a secure digital payment from anywhere, in minutes. Continue reading

Ryan Serhant’s finance firm expands business to South Florida

The company’s services are now available to agents and brokerages in South Florida that want to receive their commissions up front. Continue reading

Are 0% commissions looming on the horizon?

Industry veteran Bernice Ross argues that a business model in which a brokerage makes the majority of its profits from ancillary services like mortgage and title is not sustainable in the long run. Continue reading

How not to lose the commission battle with sellers (and the listing)

When it comes to the commission battle, a lot of agents cave into reducing their fees instead of working to persuade sellers otherwise. Here’s why sellers make this request and how to overcome it. Continue reading

NAR president to DOJ: Step up and honor the agreement

In response to the Department of Justice hitting back against a petition from the National Association of Realtors, NAR president Charlie Oppler urged the DOJ to honor their agreement, calling for fair markets, fair housing and a fair chance for small … Continue reading