In the two new markets, Redfin agents – who are employees, not independent contractors – will sell homes for a 1.5 percent listing fee versus the industry standard 3 percent. However, 1.5 percent is still higher than the 1 percent listing fee Redfin of… Continue reading
The Moehrl class action lawsuit focuses on a complaint that states the 6 percent commission is too high and that clients should have a say in the commission split — and agents aren’t too happy about it. Flat-fee discount brokerage Clever Real Estate is… Continue reading
As the regional executive vice president of the eastern seaboard and midwest regions at Coldwell Banker NRT, Sue Yannaccone oversees 239 Coldwell Banker offices. Continue reading
Open Listings will cease using its own branding in Dallas this month and carry on under the banner of Opendoor, which became its parent company last fall. Continue reading
Formally launched this month after a three-month soft release, the company charges owners $250 for use of the platform, which includes a website and productivity dashboard for the home. Continue reading
Inman visited Redfin’s Washington, D.C., office recently to take a closer look at how Redfin is changing the local market and analyze the brokerage’s influence in the capital city. Continue reading
Purplebricks is bringing its flat-fee model to the Sunshine State. The U.K.-founded real estate brokerage — which charges sellers a $3,600 fee per listing — officially launched Tuesday in Orlando and Tampa, as the company celebrates one year of operati… Continue reading
The term “concierge agent” might be new to some, but it’s what those of us who care, who are available and who are present have always been. We are all-hands-on-deck Realtors who are always available to our clients. Here’s how you can become one too. Continue reading
News that Opendoor, the Arizona-based iBuyer, acquired discount brokerage Open Listings was met with concern and cautious optimism as some agents called the move a “wake up call.” Continue reading