Commissions held steady after Aug. 17, Redfin study shows

Commissions have been slowly declining over the last decade, but since the NAR settlement terms went into effect this summer, buyer’s agent commissions have seen little impact. Continue reading

Political disputes rise among neighbors as election nears

When Redfin’s survey looked at participants planning to vote for Donald Trump or Kamala Harris, it showed that 23.1 percent of Trump voters reported political disagreements with neighbors while 19.5 percent of Harris supporters have done the same. Continue reading

Election anxiety is keeping first-time homebuyers at bay: Redfin

Nearly a fourth of first-time homebuyers are delaying their plans due to election anxiety, according to Redfin’s latest market analysis published on Tuesday. The Seattle-based portal teamed with market research company Ipsos to survey 1,802 homeowners … Continue reading

NextHome CEO James Dwiggins takes on Clear Cooperation critics

In a LinkedIn post Tuesday, Dwiggins claimed brokerage leaders fighting to repeal the pocket listing rule are concealing an agenda to hoard listings, recruit agents and generate internal leads. Continue reading

Seven homesellers object to deals reached in Gibson commission suit

Sellers in the Gibson class-action suit filed objections Thursday to the dollar value of the proposed settlements, which include deals with Compass, Redfin and The Real Brokerage, among others. Continue reading

Glenn Kelman: It’s ‘game on’ for the 2025 housing market

In his latest CNBC appearance, Redfin CEO Glenn Kelman talked about mortgage rates, the lock-in effect, and how buyer-broker compensation changes are already impacting market dynamics. Continue reading

Florida’s biggest insurer hands off 600k policies as new storm comes

The Florida Legislature-created Citizens Property Insurance Corporation has been so overwhelmed with new insurance policies in recent years that regulators have approved proposals for private insurers to take over more than 600,000 of those policies. Continue reading

NAR faces a standoff over Clear Cooperation, Inman survey reveals

Nearly a hundred real estate professionals shared their thoughts on NAR’s Clear Cooperation Policy with Inman, revealing a schism between supporters and opponents of the controversial rule. Continue reading

Where real estate’s major players stand on Clear Cooperation Policy

Some real estate leaders say the focus on Clear Cooperation stems from the recent commission lawsuits. But other see a deeper question about brokerage profits at the heart of the issue. Continue reading

US housing turnover rate hits 30-year low as lock-in effect lingers

In the first eight months of 2024, only 25 out of every 1,000 U.S. homes changed ownership, marking the lowest housing turnover rate since 1994, according to an analysis by Redfin released Monday. Continue reading