Texas-based mega MLS will no longer require Realtor membership

The Austin Board of Realtors’ Unlock MLS will offer non-Realtor subscriptions starting June 1. Continue reading

Commissions have fallen for homes above $500K, Redfin says

Overall buyer’s agent commissions average 2.37 percent, essentially unchanged since August. Commissions rose for homes below $500,000, according to the new report. Continue reading

A broker left out of NAR settlement gets candid: ‘I’m still pissed’

First Team CEO Michele Harrington’s company just settled a commission suit. But while speaking to Inman, she was critical of the way the suits, and NAR’s involvement, have played out. Continue reading

Appeals court will let DOJ speak in REX case against NAR, Zillow

Attorney Alice A. Wang of the DOJ’s Antitrust Division will appear at oral arguments in the U.S. Court of Appeals for the Ninth Circuit on Feb. 13. Continue reading

Compass launches ‘Compass One’ client portal and dashboard

The new portal went live on Monday as debates over Clear Cooperation have come to a peak. It will allow clients access to Compass exclusives, and to track transactions. Continue reading

Taking a stand, transparency, Trump: Inman’s Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

Pending home sales decline 5.5% following months of growth

The Pending Home Sales Index (PHSI), which tracks contract signings as a measure of future home sales, fell 5.5 percent to 74.2 in December, according to data released Thursday by the National Association of Realtors. Continue reading

High-profile real estate companies take aim at Gibson commission suit

Berkshire Hathaway Energy, Windermere, Hanna Holdings, EXIT Realty, William Raveis and Crye-Leike all denied antitrust allegations against them in new court filings submitted Monday. Continue reading

Broker alleges NAR rules ‘forced’ her to pay for inactive agents

In an updated antitrust complaint, a broker takes aim at NAR’s three-way agreement and other membership rules. Continue reading

MLS PIN pushes back against DOJ in advance of settlement hearing

The court will consider approving the latest deal in the case, which allows commission sharing in the multiple listing system. Continue reading