Pending home sales dropped in January as mortgage rates rose
Pending home sales dropped off 4.9% between December and January and were down 8.8% year over year
by Ben Verde Feb 29
The agent's essential guide to the commission lawsuits
Author and trainer Bernice Ross provides the rundown on what to know, what’s most likely to change, how it may impact your pocketbook and steps to take to be prepared for what’s ahead
by Bernice Ross Feb 29
Defendant, plaintiffs in Nosalek commission case unite against DOJ
Defendant MLS PIN and plaintiffs Jennifer Nosalek, Randy Hirschorn and Tracey Hirschorn asked a district court judge for permission to respond to a statement of interest the DOJ filed in the case
by Andrea V. Brambila Feb 28
Redfin in crosshairs as new lawsuit targets buyer-broker commissions
California resident Andrea Freedlund is suing on behalf of homesellers who paid a buyer agent in the 4 years before Redfin announced it was leaving NAR, according to a suit filed in federal court
by Andrea V. Brambila Feb 27
NAR breaks silence on DOJ call to decouple commissions
Consumer watchdog CFA hails federal agency's proposal to ban sellers from making compensation offers as a 'major watershed' in promoting more competition in real estate
by Andrea V. Brambila Feb 23
January existing sales offer mixed signals about market's future
Existing-home sales decreased 1.7% annually in January, according to the National Association of Realtors. However, sales did improve 3.1% from December
by Marian McPherson Feb 22
NAR: Commission suit insurance coverage ran out 'some time ago'
There are no funds under NAR's policy available to pay for the cost of defending the Realtor associations nor their multiple listing services which have been sued, according to the trade group
by Andrea V. Brambila Feb 21
HomeServices dropped from long-running buyer commission lawsuit
The court dismissed a federal antitrust claim in the case known as Batton 1, but allowed state-law claims to proceed, partially due to the argument that commissions are baked into home prices
by Andrea V. Brambila Feb 21
Here's how to avoid the most-dreaded new agent question
How long have you been an agent? Author and trainer Bernice Ross offers simple strategies to tackle this question and turn seller leads into signed listings
by Bernice Ross Feb 21
Nevada homeseller files yet another commission lawsuit
Angela Boykin is suing over a home sale from 2022. Her case is the 2nd such recent lawsuit out of Nevada and adds to the growing number of cases that have followed the Sitzer | Burnett verdict
by Jim Dalrymple II Feb 20
DOJ to Nosalek judge: Broker commissions should be decoupled
The Department of Justice said a proposed settlement in the major antitrust lawsuit might itself violate federal law and said buyers should negotiate their broker's commission directly
Commission, commission, commission: Inman's Top 5
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Dani Vanderboegh Feb 16
NAR halts 'presidential initiatives' for next 2 years amid turmoil
The trade group will not take on pet projects for the duration of NAR President Kevin Sears' tenure, which is slated to last until November 2025, he told NAR's Board of Directors Wednesday morning
by Andrea V. Brambila Feb 15
Utah homeseller files commission lawsuit against NAR, 13 others
The complaint — one of nearly two dozen targeting real estate's commission-sharing structure — alleges 'most' buyer agents will steer clients away from listings that offer lower commission
by Taylor Anderson Feb 12
For proptech adopters, waiting is one of the hardest parts: Triple-I
Brokerage leaders are still waiting to see the returns on their 2023 technology investments, according to the latest results from the Inman Intel Index. Read on for the biggest takeaways
by Chris LeBarton Feb 12