More homebuyers sue to upend how real estate agents get paid
Howard Hanna is the latest brokerage to be hit with a buyer commission suit seeking class-action status
REcolorado buyer unveiled as questions and legal fights persist
The owners of the 16th largest MLS in the country plan to sell to a title company executive. Now, an agent and local leader has received a cease and desist letter over her criticisms of the deal
by Jim Dalrymple II Jul 8
Zoom in closer: 4 regional housing insights from the Inman Intel Index
Times are tough for nearly every real estate business. But different parts of the country report unique challenges and approaches, as illustrated by Intel’s monthly gauge of industry sentiment
by Daniel Houston Jul 8
Sellers appeal Keller Williams, Anywhere, RE/MAX settlements
The homesellers object that the deals' payout is 'far too low' for the 'massive' number of injured parties and that franchisees should be required to implement practice changes
BofA analysts cast doubts on prospects for 2025 sales rebound
'The US housing market is stuck, and we are not convinced it will become unstuck anytime soon,' economists at Bank of America Global Research said of ongoing housing affordability issues
by Matt Carter Jun 27
MLS PIN forges ahead with rule changes over DOJ objections
Effective immediately, listing brokers and agents can submit for-sale listings to the MLS without offering any cooperating compensation to the buyer broker
by Andrea V. Brambila Jun 27
Agents, brokers reveal a tale of 2 commission-split scenarios in 2025
Most real estate professionals expect commission splits at their brokerage to remain unchanged for a while longer. As for the rest, many have conflicting opinions on what kind of change is coming
by Daniel Houston Jun 27
Judge pauses New York antitrust suits over plaintiff objections
Plaintiffs allege REBNY and dozens of real estate brokerages perpetrated a 'wholly separate conspiracy' from the claims resolved by the NAR settlement, but defendants disagree
by Andrea V. Brambila Jun 26
Watchdog group takes aim at California buyer rep agreements
New report shines light on buyer representation agreements as brokerages and Realtor organizations move to update forms and comply with legal settlements this summer
by Taylor Anderson Jun 25
Meet the companies offering commission-sharing workarounds
NAR's landmark settlement bars sellers' agents from offering commissions to buyers' agents in the MLS. A batch of new companies are stepping in to fill the void
by Jim Dalrymple II Jun 25
Judge denies stay order after plaintiffs argue against NAR deal
Attorneys for the plaintiffs in a case now known as Moratis stress that NAR's proposed settlement won't stop 'a key element of the antitrust conspiracy' and might take years to go into effect
by Andrea V. Brambila Jun 24
Broker-owned MLSs have forked over millions under NAR opt-in deal
The vast majority of more than 600 multiple listing services nationwide have chosen to opt in to the National Association of Realtors' commission settlement, according to a new Inman analysis
by Andrea V. Brambila Jun 24
DOJ inquiry delays settlement-related document rollout at CAR
The California Association of Realtors postponed the release of 21 forms this week after receiving feedback from members — and an inquiry from the US Department of Justice
by Jim Dalrymple II Jun 21
Median home sale price in US rises to record high as transactions dip
The median sale price for an existing home in the US has grown to a whopping $419,300 — the highest since NAR began tracking the metric — following 11-consecutive months of price gains
by Ben Verde Jun 21
Anxiety over commission lawsuits looms over agent recruitment fight
Industry leaders see the lawsuits as 1 of the top recruiting challenges of 2024, according to Intel survey results. But the brokers who target and elevate middle-tier agents have an opportunity
by Jim Dalrymple II Jun 21