Landmark real estate commission rules officially go into effect today

The new rules are the result of the National Association of Realtors’ major antitrust settlement. They’re poised to change how agents are paid and how real estate consumers search for homes. Continue reading

A brave new world awaits the real estate industry. Are you prepared?

Beginning Saturday, new rules around commissions take effect, paving the way for the biggest shift in real estate in at least a generation. It’s a brave new world, and it begins this weekend. Continue reading

Are we allowed to let clients know about concessions upfront?

With all the commission confusion surrounding the new rule implementation, compliance expert Summer Goralik answers your burning questions. 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

NAR interim CEO: Settlement was ‘unequivocally’ the right move

In an interview with NextHome CEO James Dwiggins, NAR interim CEO Nykia Wright urged members to lean back into engaging the 1.5 million-member trade organization 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

CRMLS warns of ‘serious fines’ as it rolls out commission changes early

The nation’s largest MLS removed compensation fields from its platforms on Aug. 13, after offering detailed guidance to agents on the terms of NAR’s proposed settlement. Continue reading

Real unveils resources to train agents on settlement changes

Materials include a guidebook on the post-settlement landscape, publicly available training sessions and more ahead of Aug. 17 deadline. Continue reading

Is it possible to market a seller wanting to offer a concession?

With all the commission confusion as we near the Aug. 17 implementation deadline, compliance expert Summer Goralik is here to answer your burning questions, starting with concessions. Continue reading

Michigan agents and brokers sue NAR due to antitrust settlement

The plaintiffs protest “compulsory” Realtor membership to access the MLS after the removal of “the guaranteed broker commission” from the MLS. Continue reading