NAR opts to keep Clear Cooperation but adds a new option

After months of debate, NAR announced Tuesday it will keep its policy requiring properties to be listed on an MLS within one day of marketing while adding new “delayed marketing exempt listings.” Continue reading

Zane Burnett leaves Rechat for exec leadership gig at The Agency

As executive vice president of Digital Strategy at the Beverly Hills-based luxury firm, Burnett will drive the firm’s digital strategy, growth and innovation, and spearhead initiatives in emerging technologies. Continue reading

Pacaso, The Agency partner on co-ownership sales

The two companies will also expand listing availability in number of luxury markets, such as La Jolla, Miami, Vail, London and Napa, among other domestic and international destinations. Continue reading

‘Jeopardy!’ and ‘Wheel of Fortune’ creator’s former estate lowers ask

The 40-acre estate with multiple structures hit the market last April for $36 million, and the price has been knocked down to $29.95 million as of Feb. 7. Will buyers bite? Continue reading

Robert Reffkin predicts the end of Clear Cooperation in 2025

The Compass CEO, long a critic of the polarizing NAR rule, believes that the real estate industry as a whole will finally come around to his view in the near future. Continue reading

Mauricio Umansky: To be great, ‘you have to dare to be bad’

The Agency CEO this week predicted more change ahead for the real estate industry, said agents are angry, and argued in favor of raising the bar for obtaining a real estate license. Continue reading

American Real Estate Association debuts membership program

The association aims to offer an alternative to NAR and is launching its membership program when there is a “lot of dissatisfaction with the status quo,” according to one co-founder. Continue reading

Maximizing ROI: Key home updates sellers should prioritize

Sellers are always seeking ways to maximize their return on investment when selling a home. Mauricio Umansky shares the key updates to focus on so they can get the most out of the transaction. Continue reading

Stay, go or boomerang? 5 tips for agents planning a switch

Stay, go or go back? When you’re not content with your real estate brokerage, it can be tough to make the choice. Here, The Agency’s Farah Levi gives guidance on things to consider before making a major move. Continue reading