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

LoanStream Mortgage exec arrested after fatal car accident

President of Irvine, California-based wholesale mortgage lender with history of drunk driving convictions arrested on suspicion of murder after 88-year-old man is killed in head-on accident. Continue reading

After a strong year, luxury is poised for strategic shifts in 2025

In 2024, Manhattan was the top destination for buyers of properties priced at $10 million and up, according to a report from Compass. Reports from Sotheby’s and Christie’s Real Estate show big shifts across borders, generations and more in the year ahead. Continue reading

New commission suit against Side, others filed — and all but settled

Side and other brokerages, along with a pair of MLSs, will collectively pay $10,570,000 to settle the new antitrust case if proposed terms — offered on the same day as the suit was filed — are greenlit. Continue reading

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

Agents storm TikTok with flood of complaints after NAR settlement

Since Friday, real estate agents have been arguing on the video sharing platform that the recent commission suit settlement is likely to hurt both homebuyers and the agents who represent them. Continue reading

First Team Real Estate’s new CEO has a ‘billion dollar’ goal for 2024

Ahead of Inman Connect New York this week, newly installed First Team Real Estate CEO Michele Harrington dishes on ambitious plans for 2024 and what she’ll be talking about at ICNY on Tuesday. Continue reading

Redfin expands commission-based model in Southern California

Redfin’s new commission-based model, Redfin Next, is now available to agents in San Diego and Orange County. Agents will keep their W-2 status and benefits while getting commission splits of up to 75 percent. Continue reading

Dripping in drama, ‘Selling the OC’ returns for Season 2

New cast member, new Cabo office and plenty of new luxury listings — the cast tells Inman this season will be bigger, better and beefier. Continue reading

Henry Horn Group decamps for Compass in bid to build luxury biz

Rebranded as HHG | Compass, the 12-agent team hails from Corona Del Mar, California-based luxury brokerage Residential Agent, Inc. with operations spanning San Francisco to Los Angeles. Continue reading