It’s time for an industry update. Embrace transparency for real
Opinion
The commission lawsuits are a wakeup call for real estate, new Inman contributor Mathew Speer writes. Now is the time to raise your standards and truly embrace transparency
by Mathew Speer Sep 12
4 soft skills to focus on post-NAR settlement rule changes
These soft skills have never been more critical in light of the National Association of Realtors’ commission suit settlement and subsequent rule changes, OJO Labs CEO Chris Heller writes
by Chris Heller Sep 11
When is a buyer contract required? At showings — but not open houses
The National Association of Realtors' proposed settlement agreement requires brokers and agents to sign contracts with buyers they're 'working with.' But what exactly does that mean?
by Andrea V. Brambila Aug 20
No HomeServices deal yet, months after settlement announcement
The franchisor and plaintiffs offered different reasons for why HomeServices has yet to finalize its commission settlement agreement after announcing it had reached one for $250M in April
Sellers appeal Keller Williams, Anywhere, RE/MAX settlements
The homesellers object that the deals' payout is 'far too low' for the 'massive' number of injured parties and that franchisees should be required to implement practice changes
NAR says settlement 'eliminates' steering. Plaintiffs issue warning
Plaintiffs' lawyer Michael Ketchmark vowed legal action to enforce deal: 'Anyone who thinks they can send a few emails or bury their head in the sand and avoid the application of the law is wrong'
Bright MLS will allow sellers to offer concessions upon listing
In response to NAR's proposed settlement, the nation's 2nd largest MLS will add data fields on June 11 allowing sellers to signal they're willing to offer buyer concessions when they list a home
by Andrea V. Brambila May 30
At NAR midyear, 'the media' was cast as the villain — repeatedly
NAR's legal team, president and chief economist defended the group's cooperative compensation rule and used journalists as a scapegoat repeatedly during midyear panels earlier this month
by Andrea V. Brambila May 20
Buyers seek surprise injunction to halt commission suit settlements
The plaintiffs in a suit known as Batton 1 have filed for a temporary restraining order preventing the final approval of the Keller Williams, Anywhere and RE/MAX settlements
'Godspeed': Enforcement of NAR settlement changes shifts to MLSs
At the Realtors Legislative Meetings earlier this week, MLS executives were told they would be responsible for making sure real estate agents and brokers follow the new commission rules
Realtor.com CEO delivers full-throated speech in support of NAR
Realtor.com CEO Damian Eales took to the podium on Monday at the MLS Forum of the Realtors Legislative Meetings to refute rival CoStar's earlier claims about Homes.com's growing traffic
EXp sees revenue rise, but agent count dips again in Q1
The company earned $943M in revenue between January and March of this year. However, by the end of the quarter, agent count was down to 85,780
by Jim Dalrymple II May 1
NAR clarifies when a buyer contract will be required under settlement
In an email, the 1.5M member trade group specified when agents would have to have signed written agreements with buyers, but stressed NAR would not dictate the agreements' terms
HomeServices tells court it's too early for $4.7B Sitzer ruling
The Berkshire Hathaway affiliate says final judgment in the case shouldn't come before settlements are finalized, a process the franchisor does not expect to be 'uncontroversial'
What today's high-performance teams know (and now you do, too)
Author and trainer Bernice Ross and Verl Workman, co-founder of Workman Success Systems, discuss the strategies top-producing teams are leaning into now
by Bernice Ross Apr 1