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
'Highly uniform' commissions designed to thwart competition: study
The Consumer Federation of America pushes for an end to the sharing of commissions between listing and buyer brokers to spur price competition
Consumer watchdog: The real estate industry regulates itself
A report from the Consumer Federation of America found that the vast majority of seats on state real estate commissions are held by industry members and not one is held by a consumer or housing advocate
by Andrea V. Brambila Oct 21
REX CEO calls on NAR to repeal 'anti-consumer' rules at conference
In an open letter, Ryan alleges the National Association of Realtors' rules prevent hundreds of thousands of Americans from attaining homeownership. He called on NAR to repeal the rules at its Realtors Conference and Expo in San Diego in November
by Andrea V. Brambila Sep 30
Homes listed in the MLS sell faster and for nearly 17% more: Study
Bright MLS looked at 442,829 home sales across its 6-state Mid-Atlantic footprint that sold over a 24-month period
by Andrea V. Brambila Jul 30
Zillow, NAR formed 'group boycott' to enforce commission rule: REX
REX alleges that the National Association of Realtors and Zillow use NAR's segregation rule to hinder competitors who don't comply with NAR's commission rule
by Andrea V. Brambila Jul 21
Zillow, NAR slam REX's alleged use of antitrust as a business strategy
Real estate giants ask court to toss the discount brokerage's lawsuit over optional MLS rule
by Andrea V. Brambila Jul 14
Redfin
The National Association of Realtors countered that the Consumer Federation of America's assertions are 'wrong and misleading' and 'commissions are very much negotiable'