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

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

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

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

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

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

Ed Zorn: Why mandatory buyer contracts are a ‘big consumer win’

California Regional MLS’s general counsel talks offers of compensation, seller concessions, steering and buyer agency agreements ahead of his appearance at Inman Connect Las Vegas. Continue reading

Consumer watchdog develops new standard to assess buyer contracts

After brokerages and MLSs reached out, the Consumer Federation of America created criteria focused on whether agreements are readable, understandable, and fair to buyers. Continue reading

Commission Crunch: 5 tips to avoid scrutiny and remain in compliance

Clients are watching you now more than ever, compliance expert Summer Goralik writes. Find out how to implement best practices now, so you can avoid complaints during upcoming industry shifts. Continue reading

Keller Williams picks up 31-agent Texas indie

TJ Lewis Real Estate is based in Austin, Keller Williams’ home turf, and has done $27.9 million in volume this year so far. Continue reading

An ABR instructor’s guide to buyer agreements and commissions

Not sure what to say to buyers and sellers about the way compensation works today? Bernice Ross offers insights from Accredited Buyer Representative instructor Rhonda Hamilton. Continue reading