Hanna fights back against homebuyer commission suit
Parent company of Howard Hanna Real Estate Services argues plaintiff agreed to a mediation clause and, as a buyer, doesn't have standing to sue under federal and state antitrust laws
Veterans Affairs will suspend rule blocking vets from paying agents
Deputy Director of Policy Michelle Corridon said Tuesday the agency would lift rules preventing vets from using low-cost VA loans to pay agents until it engages in a formal rule-making process
by Taylor Anderson May 22
Lamacchia: 'Nothing's changed' about mortgage commission rules
Anthony Lamacchia thinks some agents are reading too much into guidance issued by Fannie and Freddie confirming that sellers can continue to pay buyer's agents' commissions
by Matt Carter Apr 22
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
10 reasons to embrace the shift to a seller-focused business
Opinion
If agents want to beat out their local competition, writes trainer and leadership expert Jeff Glover, they need to start focusing on owning the listing inventory in their markets
by Jeff Glover Apr 4
Traffic data is the weapon of choice as portal wars heat up ahead of Q3
Ahead of Q3 earnings, Inman took a dive into the top 5 real estate portals' traffic data. Zillow still leads the pack, but stiff competition has emerged from old — and new — industry entrants
by Marian McPherson Oct 24
REBNY rule change will require sellers to pay buyer agents directly
As Sitzer | Burnett unfolds, the New York City trade association announced the upcoming rule change amid a nationwide reevaluation of buyer commission structures
by Taylor Anderson Oct 19
Andy Florance: Bombshell lawsuits will upend Zillow's business model
CoStar CEO Andy Florance dished with Intel about the commission lawsuits, Zillow and NAR as Homes.com nabbed 100M unique visitors for the first time ever in September
Brokers fear losing commissions, agents if lawsuits succeed: Survey
Real estate professionals are preparing for painful changes and the upending of the status quo if courts rule in favor of plaintiffs in 2 key suits, a survey on commissions conducted by Intel shows
by Jim Dalrymple II Aug 30
NYC real estate commissions are all over the map: Consumer watchdog
In a report on Wednesday, the Consumer Federation of America found the median commissions listing agents offered to buyer agents ranged from 1% in parts of Brooklyn to 3% in Manhattan
by Andrea V. Brambila Oct 20
More than 700 agent steering calls suggest price-fixing, lawyers charge
In new court filings in the Moehrl case, lawyers singled out hundreds of phone calls — far more than previously reported — in which agents steered business away from discount brokerage REX
hundred dollar bills lined up
On Thursday, Realogy Brokerage Group CEO M. Ryan Gorman shared the company's stance on the National Association of Realtors' Participation Rule, saying, 'There’s no reason why an offer of compensation needs to be a mandatory requirement for a home to be listed in the MLS .' Mostly, real estate agents disagreed
by Marian McPherson Jan 7
'Highly uniform' commissions designed to thwart competition: study
The Consumer Federation of America pushes for an end to the sharing of commissions between listing and buyer brokers to spur price competition
Why REX pays buyer agents and uses MLSs — sometimes
REX's general counsel Michael Toth says the discount brokerage pays buyer agents in at least 40% of its list-side transactions
Tread carefully: 10 legal, ethical and financial situations agents face
Here are 10 hypothetical situations to help illustrate how you can avoid some very real legal and ethical problems