Redfin commission model drawing more, better agents: Jason Aleem

Aleem, Redfin’s chief of real estate services, also said the agents who have joined since the company adopted a commission model are making more money. Continue reading

News Knockout: Commission lawsuits settlement tops 2024

Despite an array of significant stories throughout 2024, none could surpass the industry-shaking news of NAR agreeing to settlement terms in the wake of antitrust commission lawsuits that would forever reshape how agents and brokers do business. Continue reading

News Knockout: Elite 8 stories of 2024 go head-to-head for your vote

Stories about the commission lawsuits settlement, industry practice changes and alleged bad behavior by luxury brokers emerged as winners by a landslide. Cast your vote now for the Final Four top stories of the year. Continue reading

News Knockout: Readers vote for the top real estate story of 2024

Will it involve the DOJ, the three-way agreement, the National Association of Realtors, alleged bad behavior or something else? You decide Inman’s top story of the year. Continue reading

HomeSmart joins brokerages in allowing agents to shift from NAR

The shift by HomeSmart and Realty One Group reflects growing skepticism about NAR’s three-way agreement and Phoenix Realtor’s announcement of MLS Choice in November. Continue reading

Realty One Group allows Phoenix-area agents to leave NAR

Beginning in 2025, local agents will have the option to join a new Realty One subsidiary and become members of MLS Choice, a new low-cost membership type provided by Phoenix Realtors, without having to be Realtor association members. Continue reading

US home prices rose in 90% of metro areas in Q3, NAR says

Home affordability improved as mortgage rates dipped, bringing the monthly mortgage payment on a typical single-family home with a 20 percent down payment to $2,137 — a 5.5 percent decrease from Q2, though still up 2.4 percent year over year. Continue reading

Secret Service agent sold homes to subordinates — they got promoted

Alfonso M. Dyson moonlighted as a real estate agent in Annapolis, Maryland, while he was second-in-command of the Secret Service’s uniformed division. After he was promoted to chief, his subordinates who had done real estate business with him were also… Continue reading

DOJ’s data sharing statement has implications for MLSs, associations

The DOJ’s recent statement, made in relation to a lawsuit against pork producers, notes that the sharing of information among competitors could violate antitrust law “even without proof of an agreement to fix prices.” Continue reading

Mauricio Umansky launches live coaching network for real estate

Weekly sessions that will take place on Fireside will provide established and aspiring real estate pros access to Umansky’s mentorship and coaching with a focus on entrepreneurship and sales
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