Home prices grow in 90% of metros as Silicon Valley breaks $2M ceiling

San Jose, California, a major tech hub, tallied single-family existing-home prices exceeding $2 million in 2Q for the first time since the National Association of Realtors began tracking home prices in 1979. Continue reading

Is it possible to market a seller wanting to offer a concession?

With all the commission confusion as we near the Aug. 17 implementation deadline, compliance expert Summer Goralik is here to answer your burning questions, starting with concessions. Continue reading

The simple, powerful commission mindset reset you need today

Bernice Ross talks with James Dwiggins about the new rules of the road when it comes to agent compensation and client negotiations. Continue reading

Worried about doing fewer deals? Sell more expensive homes instead

NAR’s commission suit settlement policy changes are coming. If you’re worried about fewer deals in your future, maybe it’s time to focus on a higher price point, broker Anthony Marguleas writes. Continue reading

Michigan agents and brokers sue NAR due to antitrust settlement

The plaintiffs protest “compulsory” Realtor membership to access the MLS after the removal of “the guaranteed broker commission” from the MLS. Continue reading

Fathom says revenue sharing will help it recruit new agents

After growing its agent count by 12 percent to 12,224, the flat-fee brokerage says it’s poised for continued growth with new commission plans that pay agents a percentage of revenue generated by the agents they recruit. Continue reading

RE/MAX’s Motto Mortgage office count is shrinking for first time

Franchise sales have slowed, and some existing franchisees have canceled their agreements, but Motto Franchising President Ward Morrison expects growth to resume when lending picks up. Continue reading

World’s most expensive, futuristic motorhome priced at $2.5M

According to Van Conover, the Prevost motorhomes typically belong to “A-list artists, top of the top in the music industry, F1 racers and high-level entrepreneurs” who can customize the motorhome however they see fit from the floors, the color of the l… Continue reading

Cooling rental market means more concessions for renters: Zillow

A 50-year high in multifamily building starts and completions has led to cooling rent growth and better leases for renters. In July, 33.2 percent of rentals on Zillow included concessions — a 23 percent increase from 2023. Continue reading