That's a lot of zeroes. So where do we go from here? The Download
This week, we're breaking down the aftermath of that $5B verdict in favor of the plaintiffs in the bombshell Sitzer | Burnett commission lawsuits
by Christy Murdock Nov 3
Commissions are key as REX seeks retrial in listings suit against Zillow
In a motion filed Tuesday in a Seattle federal court, the defunct discount brokerage claims it was unfairly prohibited from presenting testimony about commissions to jurors in the original trial
by Ben Verde Nov 2
'A new age': Brad Inman, panelists unpack the Sitzer | Burnett verdict
During a live session Wednesday at virtual Connect, Brad Inman moderated a panel with Russ Cofano and Kendall Bonner on what lies ahead for agents as the commission model is upended
by Ben Verde Nov 1
Jury awards $5B to homesellers in landmark Sitzer | Burnett verdict
Jurors in the 2-week commission trial shocked the real estate industry Tuesday, awarding an astonishing $5.36B in damages to homesellers after deliberating for 2 hours and 28 minutes
by Andrea V. Brambila Oct 31
Gary Keller takes stand in person as Sitzer | Burnett verdict nears
Keller Williams co-founder Gary Keller provided lengthy testimony Friday as the defense wrapped up a case to be decided by a Kansas City jury later this week
Everything to know now about Sitzer | Burnett: Inman's Top 5
With Inman Top 5, you'll find the week's most essential stories, as chosen by our readers. Here are the most-read articles for Oct. 13-20, 2023
by Christy Murdock Oct 20
Agents steer buyers to homes with better commissions, study claims
The study by a trio of researchers analyzed hundreds of thousands of listings and found that those offering lower commissions to buyers' agents received less attention and took longer to sell
by Jim Dalrymple II Oct 18
NAR to shed 1M members if shared commission banned, analysts say
A report released Oct. 4 by the investment banking firm Keefe, Bruyette & Woods forecasts commissions to decline by at least 30% as a result of ongoing threats to the real estate industry
by Taylor Anderson Oct 16
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
'Modest' commission proposals are insufficient, says watchdog
Long critical of the lack of real estate commission transparency, watchdog group Consumer Federation of America released steps for creating a competitive commission landscape
2023 fall outlook: A cooler season roiled by homebuyer-seller friction
Commissions will take a hit from the seasonal real estate transaction fall-off. But unlike last year, home price growth may gain steam, according to an Intel analysis of housing market projections
by Daniel Houston Sep 13
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