Judges decline to 'centralize' commission lawsuits for now
A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request
by Taylor Anderson Apr 12
A proactive approach to the market effects of the latest legal wrangles
The future of real estate depends on the actions we take today in the wake of Sitzer | Burnett. Coach Darryl Davis offers advice for brokers on taking a proactive approach to what comes next
by Darryl Davis Nov 24
Sitzer | Burnett: Live updates from the buyer-agent commission trial
The long-awaited Sitzer|Burnett commission trial is underway in Kansas City, Missouri, and Inman is covering it all live as it unfolds. Check back early and often for news, views, schedules and more
by Inman Oct 16
With lawsuits in play, NAR Midyear treads lightly with commission talk
At the Realtors Legislative Meetings, NAR attorney Charlie Lee stressed agents can't count on a 'standard' commission and will have to negotiate compensation with clients and listing brokers
by Andrea V. Brambila May 17
Nearly two-thirds of brokerage sites aren't displaying commissions
Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined
by Andrea V. Brambila Feb 16
A piece of chocolate cake being removed from the whole
Real estate tech firm says it will use increase on new marketing channels and product changes while critic says high referral fees lead agents to inflate commissions, skimp on service
by Andrea V. Brambila Oct 25
NYC real estate commissions are all over the map: Consumer watchdog
In a report on Wednesday, the Consumer Federation of America found the median commissions listing agents offered to buyer agents ranged from 1% in parts of Brooklyn to 3% in Manhattan
by Andrea V. Brambila Oct 20
Two men exchanging business cards
Calling it a 'kickback scheme,' HomeOpenly owner Dmitry Shkipin told the FHFA to ban referral fees charged by online brokerages — including Zillow — that don't actually buy and sell property
'Don't wait until the plane crashes': Lawyers offer grim antitrust update
Chris Osborn, Mitch Skinner and Claude Szyfer offered an update on multiple industry antitrust lawsuits at the Council of Multiple Listing Services' annual conference
by Andrea V. Brambila Sep 30
What haunts MLS leaders? Politics, commissions and their own demise
At the Council of Multiple Listing Services' annual conference, CEOs discussed being ready for the possible death of the commission structure and why MLSs should be run as businesses
by Andrea V. Brambila Sep 30
'I am not a tour guide': How to nail tough commission conversations
Panelists Smita Singh, Cindi Hagley and Kraig Klaus discussed client requests to negotiate or cut their pay at Inman Connect Las Vegas on Wednesday
Gary Keller singled out as 'head of conspiracy' as federal commission lawsuit accelerates
As oral arguments began Monday in the Sitzer federal commission case, plaintiffs questioned the role of buyer agents, what a world without NAR's commission policy would look like, and why they believe Keller is leading an antitrust conspiracy
by Andrea V. Brambila Apr 19
It's only business: Watchdog says Florida agents aren't loyal to clients
Most Florida agents are transaction brokers who don't have to disclose they have no obligation to look out for customers' best interests, according to the Consumer Federation of America
NAR countersues REX Real Estate, alleges harm from 'campaign of lies'
Real estate trade organization hits back at discount brokerage's claims regarding its own business model and inflated real estate commissions
REX: Realogy's stance is prelude to a reckoning on commissions
Realogy says it believes in buyer agents and cooperative compensation, but not in forcing brokers to enter a commission amount to list in a multiple listing service
by Andrea V. Brambila Jan 11