The average buyer's agent commission was 2.42% during Q3, which is still below averages from 2023, but higher than rates following the announcement of changes after the NAR settlement
An order from Judge LaShonda A. Hunt in the Batton homebuyer case struck down a proposed class of plaintiffs that included substantial overlap with the class in the now-settled Burnett case
Law firm Hagens Berman urges individuals who have sold a home since 2021 to contact the firm as it launches a new investigation into 'allegedly deceptive practices' by the real estate industry
The company handling notifications has sent out more than 100M emails notifying homesellers about the settlements — and is charging more than $32M for its services
The federal law enforcement agency withdrew objections to a 4th proposed settlement between plaintiffs and MLS PIN Tuesday, but cautioned that the MLS was not immune to future legal action
The 4th amended settlement, if approved, would prohibit offers of cooperative compensation on MLS PIN's platform and raises the total proposed settlement fund from $3M to $3.95M
Some respondents to Inman's Pulse survey seemed furious, while others were pleased, especially at the fact that CCP had been preserved. Still, multiple respondents simply expressed confusion
The cuts are all part of what NAR called a 'months-long strategy' to 'streamline' and 'reposition' around its new leadership team, as well as 'reallocate' the association's budget dollars
Agents and brokers need to step up by embracing transparency and allowing consumers to negotiate commissions, the duo said during an Inman on Tour panel in Nashville Tuesday morning
Despite modest commission compression following the NAR settlement, agents are approaching conversations around compensation with less fear, according to the latest Intel Index survey data
Side and other brokerages, along with a pair of MLSs, will collectively pay $10,570,000 to settle the new antitrust case if proposed terms — offered on the same day as the suit was filed — are greenlit
Pam Bondi affirmed the enforcement of antitrust laws would be a 'priority' for her as Attorney General, which suggests the real estate industry should be prepared for further investigations
No story could surpass the industry-shaking news of NAR agreeing to settlement terms in the wake of antitrust commission lawsuits that would forever reshape how agents do business
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
Real estate coach Jonathan Lack shares insights for what agents can do in the next 30, 60 and 90 days to perform at a higher level in the wake of commission lawsuit settlements