Victims awarded $12M in flipper scheme repped by HGTV stars
The Federal Trade Commission (FTC) is distributing $12M in payments to customers caught in a real estate house-flipping scheme operated by Zurixx, LLC and promoted by a lineup of celebrities
by Richelle Hammiel Aug 2
Average buyer's agent commission has fallen since NAR settlement
Redfin's latest report revealed the average buyer's agent's commission percentage has declined in 47 of the 50 largest markets since NAR's March settlement
by Marian McPherson Aug 2
Compass CEO: Clear cooperation is 'anti-homeowner'
Robert Reffkin said clear cooperation forces homeowners into a system that attaches 'negative insights' to listings, and predicted the polarizing anti-pocket listing rule is ultimately doomed
by Jim Dalrymple II Jul 31
Compass posts gains in revenue and agent count in Q2 earnings
Compass brought in $1.7B in revenue between April and June, and managed to add thousands of real estate agents to its ranks, according to Q2 earnings released Wednesday
by Jim Dalrymple II Jul 31
NAR President Kevin Sears sends message of resilience at ICLV
'I hope — at the end of the day, at the end of the 2-year term — to be able to look back and say there was some stability and calm,' Sears told hundreds of ICLV attendees, many of them NAR members
by Taylor Anderson Jul 30
Is luxury real estate settlement-proof? These leaders think so
Luxury homebuyers are used to paying big bucks for quality service. That's partly why panelists at Luxury Connect think the NAR settlement won't make a huge splash in the higher price points
by Daniel Houston Jul 29
CRMLS removes seller concession fields due to CAR forms change
California Regional MLS will continue to allow agents to indicate whether sellers will consider concessions but will no longer have the option to specify a dollar amount or percentage
by Andrea V. Brambila Jul 29
Expect more guidance from NAR — but fewer rules: CMLS CEO Evans
CMLS CEO Denee Evans revealed why she believes NAR will choose not to create new MLS rules over the next six to 12 months ahead of her appearance next week at Inman Connect Las Vegas
by Andrea V. Brambila Jul 25
EXp not 'doing broker-to-broker compensation' — with caveats
A much-discussed listing agreement update reflects upcoming NAR rules, but it doesn't bar sellers from offering compensation to buyers' agents
by Jim Dalrymple II Jul 24
Court revives antitrust claims against NAR in pocket listing suit
Judge says Top Agent Network 'adequately alleged' NAR's Clear Cooperation Policy is a 'group boycott.' Meanwhile, NAR signals it may be open to repealing the rule
by Andrea V. Brambila Jul 24
Housing inventory is roaring back to life. So why aren't new listings?
Inventory is rising again, according to an analysis of housing data. But agents are still scrounging. Hundreds of brokers and agents shared what's working in the latest polling from Inman Intel
by Jim Dalrymple II Jul 24
Sequel to NAR 'Danger Report' set for 10-year anniversary next year
T3 Sixty plans to release 'The Opportunity Report' as a follow up to its 'DANGER Report' in early 2025. It says the new document will be comparable in its impactful earlier analysis of the industry
by Andrea V. Brambila Jul 24
Existing-home sales decline, median sales price hits record high
In June, existing-home sales continued to decline across all 4 US regions, while the median existing-home price reached a record high for the 2nd consecutive month, according to NAR
by Richelle Hammiel Jul 23
Homebuyers dig the NAR deal until they learn the details: Intel survey
Even if the settlement brings down commissions overall, buyers grow warier the more they learn about what the policy means for them, according to the latest Inman-Dig Insights consumer poll
by Daniel Houston Jul 22
Disparity in agent splits evident in Northeast, Intel analysis reveals
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 19