A new survey shows that fewer agents want to recommend their job to others and that, in the wake of NAR's commission lawsuit settlement, more are dissatisfied with the trade group
Rocket executives say unifying home search, buying, selling, mortgage, title and servicing could net $20K in savings — which might allay antitrust concerns and keep RESPA regulators at bay
Kevelyn Guzman took the reins as regional vice president of Coldwell Banker Warburg in January 2024 and spent the past 12 months organizing events to show off her company's strengths
What will happen with the commission litigation? Which companies may merge? How will consumers behave? The only thing that's certain is that real estate's next episode will be big
Aleem, Redfin's chief of real estate services, also said the agents who have joined since the company adopted a commission model are making more money
Seattle-based brokerage and portal Redfin's Q3 revenue grew 3% year over year to $278M. However, the company's net losses ballooned 77.8%, according to Thursday's earnings
Seattle-based Redfin is taking its commission-based payment model nationwide on Oct. 27. Redfin Next enables agents to keep W-2 status and benefits while earning commission splits
With the expansion, Redfin Next is now available to agents in 36 markets nationwide, according to an announcement Friday. Redfin execs said the plan has 'proven to be even better' than expected
Seattle-based Redfin's revenue increased 5% year over year to $225.5M — beating projections of $218.1M. Still, the company is struggling to control net losses, which grew nearly 10% from 2023
Redfin Next is available to agents in 7 major markets across the South, Midwest and East Coast. Redfin execs say it will help them navigate market 'ups and downs,' including NAR's settlement
The new 'Sign and Save' program promises homebuyers a refund of 0.25% to 0.5% for signing a buyer agency agreement
New commission-based model, Redfin Next, is now available to agents in San Diego and Orange County. Agents keep their W-2 status and benefits while getting commission splits of up to 75%
Redfin CEO Glenn Kelman said at Inman Connect on Wednesday that pressure from lawsuits and the Department of Justice may ultimately lead to 'a different world' than the one that exists today
Redfin will still classify agents as employees but, beginning next year, will transition those in some California markets to an all-commission-based pay program
In a message to employees on Monday, Redfin CEO Glenn Kelman cited NAR's harassment scandal and other grievances as reasons for calling on 1,800 Realtors to cancel memberships