Opinion
Mega team leader Carl Medford points to several massive shifts that have caused the current commission crisis and the path he sees forward
Proposed settlement represents 'nothing short of a sea change' for Realtors as NAR agrees to pay $418M and make sweeping changes
The Consumer Federation of America, a watchdog group, examined 43 contracts from 37 states, most from state or local Realtor associations, and found practices it believes worthy of scrutiny
Only 31% of homebuyers or sellers try to negotiate a lower commission, but 64% of those who do succeed, LendingTree survey finds. However, most don't think sellers should pay buyer's agent
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
A 'glut' of agents, low inventory and a down market mean part-timers now make up the majority of real estate pros. What does that mean for clients — and for the industry?
Agent 'glut' means part-timers are now the majority, leading to 'widespread incompetence and pressure to maintain high commission rates,' according to the Consumer Federation of America
Long critical of the lack of real estate commission transparency, watchdog group Consumer Federation of America released steps for creating a competitive commission landscape
Agents with 5 or fewer sales a year took in an estimated 25-30% of all commission income in 3 disparate markets, according to an analysis of MLS data by the Consumer Federation of America
Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined
Agents and brokers who spoke to Inman following the ruling in favor of NAR disagreed on who is 'overreaching' in the case and on whether changes to the controversial rules are necessary
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
The study argues that decoupling commissions would harm first-time, low-income, and minority buyers, but critics like the Consumer Federation of America say it's based on a faulty premise
The Consumer Federation of America says lack of discounts for more expensive homes shows 'the structure of agent compensation is both inequitable and inefficient'
In a new report alleging the majority of commissions are nearly identical in 35 US cities, the Consumer Federation of America said offers to buyer agents should be legally prohibited