New commission suit against Side, others filed — and all but settled
Side and other brokerages, along with a pair of MLSs, will collectively pay $10,570,000 to settle the new antitrust case if proposed terms — offered on the same day as the suit was filed — are greenlit
by Jim Dalrymple II Jan 28
Broker alleges NAR rules 'forced' her to pay for inactive agents
In an updated antitrust complaint, a broker takes aim at NAR's 3-way agreement and other membership rules
by Andrea V. Brambila Jan 28
Wells Fargo is about to emerge from the regulatory woods
Once the nation's largest home lender, Wells Fargo could be poised for a comeback in mortgage this year as it continues to make progress addressing regulators' concerns about past practices
by Matt Carter Jan 28
First-time buyer savings platform Foyer raises $6.2M
Contributing investors included Alpaca VC, Hometeam, Animo Ventures and ResilienceVC. Funds will help Foyer invest in consumer confidence, savings and education, said founder Landy Liu
by Lillian Dickerson Jan 28
New app CMAsnap partners with Doorify MLS
The last few years have seen a number of software companies emerge to automate the CMA process and apply sophisticated, real-time market data and analytics
by Craig C. Rowe Jan 28
FCC pushes Telephone Consumer Protection Act update to 2026
The Federal Communications Commission is pushing the Telephone Consumer Protection Act's 1-to-1 consent requirement to next year, due to an appeals court ruling
by Marian McPherson Jan 28
People in a rooftop bar meeting place, building new relationships.
Third places, where people gather for face-to-face social interaction, offer opportunities for real estate agents in an increasingly fragmented and isolated society, team leader Carl Medford writes
by Carl Medford Jan 28
Home prices hit record high in November despite cooling demand
In November, the Federal Housing Finance Agency and the CoreLogic Case-Shiller Indexes recorded annual gains of 4.2% and 3.8%, respectively, according to new data released Tuesday
by Richelle Hammiel Jan 28
Startup advisory firm Equity Angels delivers upbeat 2024 impact report
Founded by Kenya Burrell-VanWormer and Katherine Winston, the advisory group completed the formation of a mentorship team and raised $3M in its 1st year in operation, according to the report
by Craig C. Rowe Jan 28
MLS PIN pushes back against DOJ in advance of settlement hearing
The court will consider approving the latest deal in the case, which allows commission sharing in the multiple listing system
by Andrea V. Brambila Jan 28
Catch up on all the big commission conversations from Inman Connect
The chaos surrounding commissions that characterized much of 2024 was still on the minds of the professionals packed into the New York Hilton Midtown last week. See the sessions you missed
Leaders foresee opportunity in wake of antitrust commission suits
Leaders at last week's Inman Connect New York were more upbeat than a year ago, and suggested that for all of last year's tumult, the best agents might just thrive in real estate's new normal
by Jim Dalrymple II Jan 28
We all need to care about the LGBTQ+ community
Like all Americans, LGBTQ+ people deserve the right to thrive — not just exist, broker and community advocate Jamie Zapata writes
by Jamie Zapata Jan 28
8 actionable ways to guide real estate clients with integrity
When clients know they can trust you, coach Darryl Davis writes, referrals flow, relationships deepen and reputations grow
by Darryl Davis Jan 28
What separates good real estate agents from great ones
Are you truly committed to your business, or are you just interested? The difference determines whether you're merely good or truly exceptional, broker Nick Schlekeway writes
by Nick Schlekeway Jan 28