NAR commission settlement rules will go into effect in August
The massive trade organization promised in March to make various policy changes as part of a landmark settlement. The rules will now roll out slightly later than expected
by Jim Dalrymple II May 3
EXp sees revenue rise, but agent count dips again in Q1
The company earned $943M in revenue between January and March of this year. However, by the end of the quarter, agent count was down to 85,780
by Jim Dalrymple II May 1
NAR clarifies when a buyer contract will be required under settlement
In an email, the 1.5M member trade group specified when agents would have to have signed written agreements with buyers, but stressed NAR would not dictate the agreements' terms
12 factors that convince a buyer to pay a full-service commission
Expressing your value to clients begins with knowing yourself, writes mega-team leader Carl Medford. You cannot articulate what you have never taken the time to determine on your own
by Carl Medford Apr 30
The good, bad and ugly: Rating the media's commission coverage
After the National Association of Realtors announced its proposed commission settlement in March, mainstream media covered the historic news with mixed results, an Inman analysis shows
by Taylor Anderson Apr 30
Douglas Elliman settles commission suits for up to $17.75M
The proposed deal would resolve antitrust claims brought by homesellers but not homebuyers
by Andrea V. Brambila Apr 29
Is NAR a net-positive? It depends if you ask an agent or a broker: Intel
An increasing uncertainty among real estate agents in March runs in opposition to brokers, who were more likely to tell Intel they still view the National Association of Realtors positively
by Taylor Anderson Apr 29
California Association of Realtors CEO resigns after 2 years
The California Association of Realtors CEO John Sebree has resigned, effectively immediately. Sebree left the Association 'to pursue other opportunities'
by Marian McPherson Apr 24
Decades of NAR membership data has vanished amid enrollment dip
Each month, the trade group publicly reports the size of its ranks and other data on its official website. But as recently as this month, state-by-state and national data is nowhere to be found
by Andrea V. Brambila Apr 24
Sitzer judge grants preliminary approval for NAR settlement
Judge Stephen R. Bough ruled that the sweeping changes NAR agreed to were 'fair, reasonable and adequate' and set a final approval hearing for November
by Taylor Anderson Apr 23
60-day clock begins for brokerages seeking to opt into $418M NAR deal
Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered
by Andrea V. Brambila Apr 22
Defendants fight to get homebuyer commission suits tossed
The National Association of Realtors, Keller Williams, Anywhere, RE/MAX, Compass, eXp and others offered a slew of arguments for why the Batton 1 and Batton 2 cases should be thrown out
by Andrea V. Brambila Apr 19
Existing-home sales drop in March as high rates stun homebuyers
Existing-home sales retreated 4.3% between February and March to a seasonally adjusted annual rate of 4.19M, according to data released Thursday by the National Association of Realtors
by Ben Verde Apr 18
Industry gets some clarity on mortgage commission rules
Fannie, Freddie and FHA say sellers can continue to pay commissions to buyer's agents. But what if buyers want to pay their agent themselves and finance it into their mortgage?
by Matt Carter Apr 17
What agents do post-settlement will define Real Estate 3.0
Two major real estate market transformations defined the past 50 years, writes CEO Patrick Kilner. Are we ready for whatever comes next?
by Patrick Kilner Apr 16