Real Brokerage posts sharp uptick in revenue and agent count in Q1
The Real Brokerage reported revenue of $200.7M in the first quarter of 2024 as gross profit soared to $20.8M, according to Q1 earnings data released Tuesday morning
by Ben Verde May 7
Redfin to pay $9.25M to settle commission lawsuits
Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman have reached agreements in the case, and the court has preliminarily approved those settlements
by Taylor Anderson May 6
Intel Broker’s Guide: When a seller won't foot the buyer's agent bill
Powered by the latest polling results from the Inman Intel Index, this wide-ranging guide explores how brokerages are steeling themselves for a new type of client: the buyer's-fee-evading seller
by Daniel Houston May 6
Plan if you must, but prepare for the unexpected
Real estate professionals have survived upheaval and change in the past, and we'll do so again, broker-owner Teresa Boardman writes, even if we don't yet know quite how
by Teresa Boardman May 4
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
How agents can rise to the top of their market in the next 90 days
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
Viral 'save-the-day' TikTok trend turns every day into a good one
If your bad days are stacking up and you're spiraling as a result, this simple life hack might just save your sanity along with the day
by Rachael Hite May 3
RE/MAX revenue drops for 7th consecutive quarter
Total revenue declined by 8.3% YOY to $78.3M during Q1 2024, besting analysts' expectations for it to fall by 9.5%. News comes one quarter into Amy Lessinger's tenure as president
HomeServices hit by buyer commission lawsuit in Florida
The class action suit filed by plaintiff James Lutz alleges that HomeServices, other NAR members, fixed commissions, which misled buyers and resulted in them paying inflated home prices
How buyer agents can level up amid commission uncertainty
Buyer's agents have a critical responsibility to be the best they can be, new Inman contributor Filippo Incorvaia writes, as they navigate industry changes and advocate for themselves
Growth in residential, rental and mortgage segments lift Zillow in Q1
Zillow tallied growing revenue while stabilizing losses in the first quarter of the year as the reigning search portal narrowed in on its post-commission settlement strategy on Wednesday
by Marian McPherson May 1
Agents say their brokerage has their back amid commission mess
The NAR settlement shook the industry, but agents overwhelmingly told the Inman Intel Index they believe their brokerage has been an effective ally. It's a big win for brokerage training efforts
by Daniel Houston May 1
6 steps that transform neglected clients into lifelong partners
Staying in touch with past clients and 'orphans' long after closing could be the key to a lifetime of repeat and referral opportunities. Coach Darryl Davis offers a strategy to help you reconnect
by Darryl Davis May 1
Court grants preliminary approval of settlements with firms in Gibson
The court has granted plaintiffs' motion for preliminary approval of settlements proffered by Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman
by Lillian Dickerson Apr 30
Underperforming agents are getting a real estate reality check
Opinion
As the commission landscape changes, Side's Hilary Saunders writes, it's time for agents, teams and brokerages to look at the ways this will improve the industry's reputation
by Hilary Saunders Apr 29