Ending Clear Cooperation is a win for big brokers — and no one else
Opinion
According to Redfin CEO Glenn Kelman, big brokerages have a vested interest in getting rid of Clear Cooperation, even at the expense of agents and consumers
by Glenn Kelman Oct 8
In wake of commission suits, agents need a new title
The real estate industry has experienced a wave of upheaval thanks to lawsuits, new rules and other pressures. Darryl Davis believes agent job descriptions need to evolve with the times
by Darryl Davis Oct 8
Reffkin: Restrictive NAR and MLS rules eliminate seller choice
Compass founder and CEO Robert Reffkin writes that Clear Cooperation undermines seller choice, putting them at risk of the consequences of a mass exposure of property details
by Robert Reffkin Oct 8
Clear Cooperation: Challenges and solutions for agents
Opinion
While it has its critics, according to former Realtor Oscar Mazaba, thoughtful modifications could ensure that the policy works as it's intended to while preserving client choice
by Oscar Mazaba Oct 7
Is NAR really ready to rethink its legal strategy? The Download
As the trade group's chief legal officer exits, the National Association of Realtors prepares to evaluate its legal exposure and develop a litigation strategy. Is it too little too late?
by Christy Murdock Oct 5
Commission chaos headed for Canada as watchdog probes rules
The inquiry is reminiscent of investigations and lawsuits that have engulfed the industry’s biggest players in the US in recent years
by Taylor Anderson Oct 4
Top Agent Network amends suit to focus on NAR as 'real wrongdoer'
TAN CEO: 'NAR is the architect and promoter of the disastrous Clear Cooperation Policy and is the only party with the power to rescind it'
2 more brokerages in the $2B club reach settlement agreements
John L. Scott and Real Estate One reach settlement agreements in antitrust commission lawsuit filed in Missouri. The cases were filed immediately after the verdict in the Sitzer case
by Taylor Anderson Oct 3
REcolorado appoints new CEO less than a week after it was sold
Dana Bennett, who worked for Colorado's largest multiple listing service for over a decade before leaving last year, will begin serving immediately
by Taylor Anderson Oct 2
NAR vows to assess legal risk of current policies
New CEO Nykia Wright told NAR's board of directors the trade group's next step will be to develop a 'comprehensive' litigation strategy and size up any additional legal exposure related to its rules
Brokerages and non-Realtor MLSs settle antitrust suits for $30M
15 MLSs and 13 brokerages that chose to opt-in to NAR's commission settlement will cough up an additional $30,587,754 in compensation to sellers, raising the settlement fund to nearly $450M
NAR Chief Legal Officer Katie Johnson is 'stepping down'
After a decade leading the trade group's legal team — including through sexual harassment scandals and numerous anti-trust commission lawsuits — Johnson is leaving
Illinois homebuyers file new class-action commission suit
The suit names Equity Realtors, HomeSmart International and Fathom Realty as defendants. It also describes NAR as a co-conspirator, but doesn't name the organization as a defendant
by Jim Dalrymple II Oct 1
NAR faces a standoff over Clear Cooperation, Inman survey reveals
Nearly a hundred real estate professionals shared their thoughts on NAR's Clear Cooperation Policy with Inman, revealing a schism between supporters and opponents of the controversial rule
by Taylor Anderson Oct 1
Where real estate's major players stand on Clear Cooperation Policy
Some real estate leaders say the focus on Clear Cooperation stems from the recent commission lawsuits. But other see a deeper question about brokerage profits at the heart of the issue
by Jim Dalrymple II Oct 1
Here's how top real estate pros are thriving post-compensation shift
Marketing strategist Molly McKinley shares how brokers, team leaders and agents all over are adapting and adjusting to the post-commission settlement changes
by Molly McKinley Oct 1