Tag Archives: real estate commissions

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

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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 →

NAR asks court to dismiss lawsuit filed by discount brokerage Homie

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Lawyers for NAR, HomeServices of America, RE/MAX, Anywhere and HSF Affiliates denied claims of a conspiracy to inflate commissions, arguing that Homie would have benefitted from the plot. Continue reading →

Fathom Realty agrees to pay $2.95M to settle commission suit

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The company denied wrongdoing and said it had agreed to settle with plaintiffs in an attempt to move on and continue growing the business. Continue reading →

In lawns and on key chains, stealth commission offers raise red flags

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Images that conceal commission offers, like a “3%” mowed into freshly cut grass, have become a phenomenon on message boards and online residential listings, according to an Inman analysis. Continue reading →

Trust in real estate hits ‘all-time low,’ Coldwell Banker CEO says

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Kamini Lane spoke to the crowd at Thursday’s Inman Connect Las Vegas on industry perception and the prevalence of part-time “slashies.” Continue reading →

DOJ has close eye on settlement workarounds, NAR President says

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In a statement sent to NAR members, Kevin Sears confirmed executives of the trade organization met with Assistant Attorney General Jonathan Kanter last week to discuss settlement updates. Continue reading →

VA officially unveils rules to allow vets to pay broker commissions

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The temporary rules were first announced in May ahead of Memorial Day and came in response to calls from Realtors who feared veterans would become less competitive in the new landscape. Continue reading →

Is NAR a positive force? 7 out of 10 real estate agents want to know

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These increasingly uncertain attitudes among agents in March were a departure from brokers, who were more likely to tell Intel that they still view the National Association of Realtors positively. Continue reading →

9 strategies to move past lawsuit fatigue and get back to business

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We’re all in this together, writes coach Darryl Davis, so here’s how to avoid burnout and frustration by charting a path forward for your real estate business. Continue reading →

DOJ sends signal to industry in first commission comment since March

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Statements made by a DOJ attorney during a May 21 status hearing in the Nosalek commission case offer new insights into the Justice Department’s impression of the proposed NAR settlement. Continue reading →