ReAlpha’s ‘super app’ dangles commission-free buyer agency

Publicly traded real estate software company reAlpha Tech Corp (AIRE) has shipped what it’s calling a “super app” that will provide a free solution for end-to-end homebuying representation. Continue reading

Chicago’s Dream Town automates buyer agency with CRM integration

As the industry grapples with best practices on how to deliver and execute new settlement-required buyer agency forms, one independent has already made it part of its in-house software features. Continue reading

In lawns and on key chains, stealth commission offers raise red flags

Images that conceal commission offers, like a “3%” mowed into freshly cut grass, have become a phenomenon on message boards and online residential listings, according to an Inman analysis. Continue reading

Shay unveils ‘self-representation platform for homebuyers’

The changes to how real estate commissions are advertised and sourced as a result of the National Association of Realtors’ proposed settlement has led to the creation of Shay, an application to help homebuyers avoid the traditional sales model. Continue reading

Redfin CEO says ‘change is good’ in blog about commissions

Two days before the implementation of new cooperative compensation rules, Redfin CEO Glenn Kelman explained what the changes will mean for consumers and the industry at-large. Continue reading

Homebuyers see NAR settlement as a big win — until they learn more

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

NAR membership rebounds ahead of Aug. 17 settlement deadline

More agents are joining the National Association of Realtors ahead of the approaching Aug. 17 deadline for Realtors and MLSs to implement policy changes. Continue reading

From fringe to forefront? What agent ‘steering’ will look like now

A survey of hundreds of real estate agents suggests that “steering” based on commissions used to be rare. After the Aug. 17 deadline, it may become ubiquitous — but with buyers in the driver’s seat. Continue reading

Consumer watchdog advises buyers to pay agents ‘2% or less’

The Consumer Federation of America also tells consumers not to agree to pay an agent just to see a home, but to sign a touring agreement with no financial obligation instead. Continue reading

8 key ways our team is preparing for Aug. 17

Here’s how team leader Carl Medford is being proactive and prepared as his team gears up for the changes that will follow the implementation of the National Association of Realtors’ settlement agreement. Continue reading