Redfin Next expanding nationwide by the end of October

Seattle-based brokerage Redfin is taking its commission-based payment model, Redfin Next, nationwide on Oct. 27. Redfin Next enables agents to keep their W-2 status and benefits while earning competitive commission splits. Continue reading

Agents say business as usual since Aug. 17 — but signs of strain ahead

While most reported normal activity in the weeks after the commission rules took effect, some saw an uptick in listing clients refusing to pay buyers’ fees, new Inman Intel Index results show. Continue reading

Top Florida indie The Keyes Company settles commission suits

The settlement was revealed in a new court filing, though the company has not said how much it might pay. The Keyes Company has more than 4,000 agents working across Florida. Continue reading

Real estate agents lament dud of a summer: Client Pipeline Tracker

Buyers failed to bite this summer despite falling mortgage rates. It has agents about as down on their business prospects as they’ve been all year heading into the NAR settlement era, according to Intel’s Client Pipeline Tracker. Continue reading

Josh Sitzer, plaintiff in commission case, launches à la carte platform

Landian, a flat-fee and à la carte brokerage, offers $49 tours and $199 for written offers to sellers, but the real bombshell may be Sitzer’s involvement so soon after the $5B Sitzer | Burnett verdict. Continue reading

You’ve got mail: NAR settlement class notices head to consumers

Consumers will learn of the commission settlement via a website, emails and postcards. Claims from homesellers hoping to claim some of the settlement money are due by next May. Continue reading

‘Business as usual’: Hiccups but few calamities as NAR rules roll out

New National Association of Realtors rules kicked in Saturday. By Monday, agents said they were fielding questions from clients, among other hurdles, but not seeing widespread chaos. Continue reading

NAR settlement rules: Live updates as the real estate changes roll out

New rules stemming from the National Association of Realtors’ landmark commission settlement went into effect Saturday. Inman is tracking the impacts of those rules in real time. Continue reading

Today marks the dawn of a new day for real estate. Make the most of it

The best real estate agents will thrive, the profession will be elevated, rot will be removed and the brands that are built on trust and integrity will rise to the top, Inman founder Brad Inman writes. Continue reading

Landmark real estate commission rules officially go into effect today

The new rules are the result of the National Association of Realtors’ major antitrust settlement. They’re poised to change how agents are paid and how real estate consumers search for homes. Continue reading