Pending home sales tick up as buyers make cautious comeback

The Pending Home Sales Index (PHSI) rose by 2.0 percent to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6 percent compared to last year. Continue reading

Pending home sales tick up as buyers make cautious comeback

The Pending Home Sales Index (PHSI) rose by 2.0 percent to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6 percent compared to last year. Continue reading

Sellers, MLS PIN slam DOJ claims in Nosalek case: ‘DOJ is simply wrong’

Plaintiffs and defendant MLS Property Information Network agree that approximately 75 percent of sellers are opting out of offering compensation to buyer agents in the multiple listing service. Continue reading

Sellers, MLS PIN slam DOJ claims in Nosalek case: ‘DOJ is simply wrong’

Plaintiffs and defendant MLS Property Information Network agree that approximately 75 percent of sellers are opting out of offering compensation to buyer agents in the multiple listing service. Continue reading

Understanding Clear Cooperation’s delayed marketing exempt listings

Navigating the National Association of Realtors’ amended Clear Cooperation Policy could cause a headache. If you don’t want to lose your mind — or your listings — follow Coach Darryl Davis’ lead. Continue reading

How do you feel about NAR’s new CCP ruling? Pulse

Now that the National Association of Realtors has weighed in with a tweak to the Clear Cooperation Policy, it’s your turn to tell us what you think. Continue reading

Don’t break up the marketplace, just fix it: Glenn Kelman

Rather than intentionally fragmenting the marketplace, the Redfin CEO writes, all listings should show in one place, with the seller allowing different levels of disclosure on each listing. Continue reading

Commissions in dollars, not percentages, help consumers

The Consumer Policy Center argues that percentage-based commissions give buyers’ agents a “backward incentive” and that consumers now have a chance to save money. Continue reading

Compass, Windermere duke it out on Instagram over CCP

Compass CEO Robert Reffkin also criticized Northwest MLS, describing its rules as uniquely restrictive. But Windermere fired back at what it criticized as “hoarding inventory.” Continue reading

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