Buyer client pools are thinner this spring than agents had hoped: Intel

Many brokerage professionals say they’re concerned about the economy. They’re just not expecting it to hit their client pools quite yet, the latest Inman Intel Index survey results suggest. Continue reading

Holly Parker sues Douglas Elliman over $1.5M clawback dispute

Parker alleges the brokerage, which she departed in February after 25 years, is demanding $1.5 million in clawbacks while refusing to pay commissions on deals that closed after her move to Compass. Continue reading

Stephen Bough, commission lawsuit judge, refuses to step aside

Bough suggested demands that he step aside in the Gibson commission case were not raised over ethical issues. The demands focused on political donations to Bough’s wife. Continue reading

Judge won’t approve MLS PIN commission deal without changes

U.S. District Judge Patti Saris asked the DOJ Antitrust Division for evidence that offers of compensation in the MLS are anticompetitive and harm consumers. Continue reading

Agents grow more discontented with their profession, and with NAR

A new survey shows that fewer agents want to recommend their job to others and that, in the wake of NAR’s commission lawsuit settlement, more are dissatisfied with the trade group. Continue reading

Agents report falling commissions. But that’s not their top concern

More agents say their clients are successfully negotiating lower commissions than they’ve traditionally earned, according to preliminary results from the latest Inman Intel Index survey. Continue reading

The CCP illusion: NAR’s Jedi mind trick on a failing policy

Compliance expert Summer Goralik examines the new watered-down version of Clear Cooperation announced this week along with what it means for agents and consumers. Continue reading

Commissions in dollars, not percentages, help consumers

The Consumer Policy Center argues that percentage-based commissions give buyers’ agents a “backward incentive” and that consumers now have a chance to save money. Continue reading

Top 10% of agents control nearly half of all listings as pay gap widens

Top agents are winning a greater share of listings in the wake of NAR’s commission settlement last year, with high-performers holding 42.64 percent of all listings, new data from tech firm Relitix shows. Continue reading

Judge allows Hanna Holdings buy-side commission case to continue

Homebuyer plaintiffs allege Hanna Holdings conspired to inflate commissions and that buyers are ultimately the ones who pay through higher home prices. A mixed ruling on Tuesday will allow case to move forward. Continue reading