‘Get a lawyer to look at it’: Mike DelPrete on incentive split pitfalls
Some real estate agents are earning tons in extra splits from their brokerages, the real estate advisor told Intel. Everything seems great — until they're told to pay it back in full
by Daniel Houston Apr 26
So-called 'incentive splits' are golden handcuffs for agents
These contract terms incentivize agent retention by creating an ever-growing bill that must be paid before leaving for a new brokerage
by Mike DelPrete Apr 19
Court deals blow to NAR, KW, Anywhere in commission suit
Judge denied requests filed by NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America, allowing Sitzer/Burnett case to continue toward new October trial date
by Andrea V. Brambila Dec 19
Florida first state to sue MV Realty over 40-year homeowner contracts
Following the launch of an investigation by regulators in North Carolina last month, Florida's attorney general's office says MV Realty's business practices 'shock the conscience'
Don't burn bridges! 7 tips for navigating a smooth exit
Opinion
No matter the reason for parting ways with a brokerage, there’s a right way and a wrong way to make a change. Here’s how to leave on good terms, even when it's complicated
by Christy Murdock Nov 16
A misty forest
North Carolina regulators are investigating alleged predatory and deceptive practices by Florida-based MV Realty, which operates in 33 states and has more than 500 licensed agents
MLS-listed homes sell for more, a new study claims. But there's 1 twist
Critics raise issues over conclusion that listing homes on the MLS is what caused higher sales prices and faster transactions, especially if NAR rules mean MLSs have a thumb on the scale
by Andrea V. Brambila Aug 31
WATCH: Mike DelPrete on the end of the 'sustained unprofitability' era
'Cash is king,' the real estate analyst argued during his opening address at Inman Connect Las Vegas. His point was that losing money has turned from an advantage to a liability
by Jim Dalrymple II Aug 11
'Longstanding conspiracy': Why the bombshell commission suit matters
Millions of homesellers across the country may be able to seek billions in damages for commissions they paid to buyer agents between 2015 and 2020. Here's why it matters
30+ financial how-tos for every kind of earner
Whether you're new or just looking for some tips, we've got you covered. Here are our top articles on financial fitness
by Dani Vanderboegh May 18
REX abandons antitrust case against Oregon rebate ban
Discount brokerage says it will focus on 'other issues that cause consumers to be overcharged every time they buy and sell a home'
by Andrea V. Brambila May 12
Brokerages push back on NAR ad campaign targeting 'competitors'
The trade group highlighted its own members — including Zillow, Compass, Redfin, Homie, Opendoor and Offerpad — among those whom it's competing with for consumer mindshare
by Andrea V. Brambila May 12
Real estate isn't a piece of cake. So why are we selling that lie?
Opinion
If we want to be seen as ethical, honorable, valuable professionals — we need to earn it. Think more accurate messaging, stop the false 'quick and easy' sales pitches, and leave cake to bakeries
NAR heads into midyear gathering while under siege on multiple fronts
The National Association of Realtors, which boasts 1.5M members, will tackle real estate's hottest topics a week after suffering a series of legal setbacks in court. Here's a breakdown of the agenda
by Jim Dalrymple II May 2
money, wallet, cash, dough, commission, costs, expenses, expensive
Opinion
Net is a more complicated datapoint to calculate. Split is surely a factor in the calculation, but net is the bottom line
by Jeff Glover Apr 7