Compass readies for first earnings report after a turbulent month
As Compass gears up for its first-ever earnings call on May 12, here's a review of the brokerage's first month as a publicly traded company — including acquisitions, lawsuits and stock market highs and lows
by Marian McPherson May 11
NAR: Don't work without a written listing agreement
Trade group says agents and brokers want to avoid MLS policies and rules, but are taking on major risks
by Andrea V. Brambila May 10
Divorcing? What you should know about spousal, child support
For salaried employees, child or spousal support depends on the parties' combined income. For agents with fluctuating income based on commissions, how is that support figure calculated?
by David Glass May 6
Gavel over one hundred dollar bills represents Newrez' settling a complaint
Former Compass agents Todd and Lisa Sheppard have filed a class-action suit against the brokerage for allegedly price-fixing and making unfair commission deductions
by Marian McPherson May 4
Zillow hits back in REX antitrust lawsuit
Discount brokerage REX filed its antitrust lawsuit in March. But in a new filing, Zillow calls REX's claims "self serving" and without merit
by Jim Dalrymple II Apr 30
NAR-DOJ rule changes won't come for months
Rules regarding public display of buyer broker commissions and lockbox access for non-Realtors were originally slated to take effect by the end of March
by Andrea V. Brambila Mar 23
Listen: REX releases recordings of agent steering
One agent told the discount brokerage: 'I won't bother to show [the listing]. Who's your local agent though because I'll make sure to tell people not to work with them'
by Andrea V. Brambila Mar 18
A pair of boxing gloves, red and blue
Trade group's president accuses commission detractors of duplicity 'for a payout' under the guise of protecting consumers
by Andrea V. Brambila Mar 18
Consumer groups support REX suit against anti-rebate law
The Consumer Federation of America and the Oregon State Public Interest Research Group argue that prohibiting rebates to buyers and sellers stifles commission competition and harms consumers
by Andrea V. Brambila Mar 16
Study commissioned by REX claims commissions are deeply inflated
Real estate commissions are inflated by as much as $50B per year due to the lack of price competition created by having listing brokers set co-op fees for buyer brokers, according to the report in the Berkeley Business Law Journal
by Andrea V. Brambila Mar 12
California Regional MLS allows display of buyer agent commissions
Listing brokers and agents will not be able to opt out of having the compensation they're offering made public, according to the California Regional MLS
by Andrea V. Brambila Feb 12
A commission suit with a twist: It's the buyers who are getting screwed
A new lawsuit filed earlier this week sits in stark contrast to 3 previous homeseller suits that allege commission sharing between cooperating brokers inflates seller costs
by Andrea V. Brambila Jan 29
8 ways real estate agents can combat commission compression
Keller Williams trainer Dana Cadena and Compass Texas sales manager Bryan Pacholski share how agents can garner the commissions they deserve
by Marian McPherson Jan 27
Everything to know about how agents are making money in 2022
Most agents' income still comes from commissions, but the compensation landscape has never been in greater flux than it is now
by Jim Dalrymple II Jan 18