Watchdog: Beef up referral fee disclosure or prepare for lawsuits

A report released on Tuesday by the Consumer Policy Center suggested lawsuits will follow if brokerages, real estate portals and regulators don’t step in and add transparency first. Continue reading

Compass rewards listing agents with new lead and referral program

Through the program, Compass listing agents will receive a 10 percent referral when they send inquiries on their listing from Compass.com to other Compass agents, Inman has learned. Continue reading

Real estate’s ghosts: A compliance carol for past, present and future

On the eve of reflection, choice and accountability, compliance expert Summer Goralik shares a compliance carol with the real estate industry. Continue reading

Watchdog: Agents earn too little. Consumers pay too much

In an Inman op-ed, Stephen Brobeck, senior fellow at the Consumer Policy Center, responds to Cara Ameer’s recent critique of the CPC’s report on post-settlement changes impacting homebuyers. Continue reading

The transparency crisis no one wants to talk about

Referral fees are just the starting point for a larger conversation real estate professionals need to have about transparency, Cara Ameer writes. Continue reading

EXp CEO Leo Pareja: We aren’t waiting for NAR on referrals

EXp rolled out updated referral disclosure forms on Monday. “Are we waiting for some third-party body that we’re members of to have our back? As we learned, I’d rather be safe than sorry,” Pareja said. Continue reading

After failed NAR vote, brokerages beef up referral disclosures

After the National Association of Realtors failed to pass a broad referral disclosure requirement, some major real estate players are embracing transparency on their own. Continue reading

California Association of Realtors leans into referral fee transparency

CAR issued a statement broadly in support of referral fee disclosure just days after NAR voted against expanding disclosure requirements. Continue reading

Play it straight or fold: Realtors reject referral fee transparency

Compliance expert Summer Goralik examines the Delegate Body’s surprising vote against referral-fee disclosure at the National Association of Realtors’ NXT conference in Houston. Continue reading

Play it straight or fold: Realtors reject referral fee transparency

Compliance expert Summer Goralik examines the Delegate Body’s surprising vote against referral-fee disclosure at the National Association of Realtors’ NXT conference in Houston. Continue reading