How NAR's settlement threatens Black Realtors and homebuyers
This is a moment in history when NAREB and our leaders must stand up for justice and equality, writes Dr. Courtney Johnson Rose, president of the National Association of Real Estate Brokers
Brokers brace for NAR settlement to drive commissions south: Intel
A $418M settlement in March by NAR caught agents and leaders by surprise. In a mixed bag of responses to the latest Intel Index poll, they shared their early reactions and existential fears
by Daniel Houston Apr 10
Here are the commission questions your clients are asking now: Pulse
We asked you to share with us the commission questions your clients have and how you're explaining the lawsuit fallout
by Inman Apr 10
Will uncertainty drive agents out? Maybe — but don’t let it be you
Opinion
After the National Association of Realtors' proposed settlement, Coldwell Banker Realty president and CEO Kamini Lane offers 3 tips for agents amid commission compression chaos
by Kamini Lane Mar 29
Amid commission chaos, talk turns to ongoing gripe: clueless agents
Leaders at many brokerages say a lack of serious agents with a full-time commitment is a drag on the industry. Intel asks whether this might change in the wake of the latest settlements
by Daniel Houston Mar 25
Online course aims to prep buyer agents for real estate wild west
Kaplan’s new Buyer Agency Professional course aims to help buyer agents negotiate the ways they are compensated
by Ben Verde Mar 21
How commission chaos divided the real estate industry into 4 factions
The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward
by Taylor Anderson Mar 20
Over 60% of agents have been recruited so far this year: Intel
Most agents say they've heard from competitor brokerages in recent weeks. Intel examines what's on their mind as they decide whether to stay — or bolt
by Chris LeBarton Mar 18
Berkshire Hathaway Energy added to growing Gibson commission suit
Amended complaint alleges Warren Buffett's company abused the trust inspired by his name to encourage homesellers to use HomeServices and further alleged price-fixing conspiracy
C21's Mike Miedler speaks on the power of a 'to-don't' list
Ahead of his brokerage's annual One 21 Experience, Century 21 President and CEO Mike Miedler shares his spring homebuying predictions and why the key to success is found in doing less
by Marian McPherson Mar 4
How far would you go to protect your buyer clients? The Download
The Consumer Federation of America, an industry watchdog, says that the buyer agreements you're depending on are woefully inadequate to properly protect homebuyers
by Christy Murdock Mar 1
Buyer agency contracts riddled with 'unfair' terms, CFA declares
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
by Andrea V. Brambila Feb 28
Brokerages, lenders anticipate big recruitment push in 2024: Triple-I
Approximately 28% of brokerage leaders believe 'recruiting and retaining talent' will be their most challenging responsibility 1 year from now, according to results from the Inman Intel Index survey
by Chris LeBarton Feb 26
'Do less, more': Mark Willis shares KW's bare-bones growth strategy
Ahead of his first Family Reunion since returning to Keller Williams as CEO, Mark Willis shared his excitement with Inman — and his call for a return to the basics amid a housing market in flux
by Marian McPherson Feb 26
Tomorrow’s problem? Not for these Sitzer-spooked brokerages: Triple-I
More than 1 in 4 agents say their brokerage has changed its policy on buyer agency agreements, and fallout from commission suits has already taken a toll, according to Inman Intel Index results
by Daniel Houston Feb 21
Buyer agents are already cutting commissions: The Download
In the post-Sitzer world we now live in, agents and brokers are already dealing with the new reality by cutting buyer commissions to the bone
by Christy Murdock Feb 17
Luxury brokerage faces court battle to get its buyer agent paid
Beverly Hills Estates, led by Branden and Rayni Williams, in fight for agent Michelle Graci's right to agreed-upon 50% of the deal's broker commission after seller Ronen Nahum alleged misconduct
by Lillian Dickerson Feb 14
$14.75M sale marks DC region's biggest of the new year
The 17.5-acre equestrian estate was listed for $17.995M in May. The sales price also represents a new record for the town of Great Falls. Daniel Heider of TTR Sotheby's represented the sale
by Lillian Dickerson Feb 13
How to justify your commission with a Buyer Bill of Rights
As the real estate landscape changes thanks to commission-related lawsuits, Carl Medford writes, pressure is being levied on buyer agents to demonstrate their value to potential clients
by Carl Medford Feb 13
Chad Roffers dishes on a Sotheby's Concierge Auction record
The Sotheby's Concierge Auctions founder and CEO shared more about how the recent auction of 'La Dune' went down, as well as key reasons why luxury agents turn to the brand to get a deal done
Redfin offers refund in exchange for buyer agency agreement
The new 'Sign and Save' program promises homebuyers a refund of 0.25% to 0.5% for signing a buyer agency agreement
by Ben Verde Feb 2
Are US home-sale revenues finally bottoming out? Intel examines
The steepest part of the home-transaction downturn appears to be over. Is this where business turns around? Intel dives into the data
by Daniel Houston Jan 29
Attorney lays out how real estate can survive the commission suits
At Inman Connect, Ed Zorn proposed mandating buyer representation agreements, killing the MLS compensation field, adding a concession field, and creating a fund to pay out settlements
by Andrea V. Brambila Jan 26
Commercial deals offer a new post-Sitzer compensation model
Want to get paid? Start studying up on how US commercial commissions are negotiated. That's where the residential side of real estate is headed, 4 experts argued at Inman Connect New York
by Daniel Houston Jan 25
Realtor.com CEO 'loves' heated competition with Homes.com
Realtor.com CEO Damian Eales addressed the traffic rivalry with Homes.com and why competition is good for agents and consumers
by Marian McPherson Jan 25
Tracking the housing recovery? These 12 dates offer crucial clues
Intel is highlighting the most important data releases and events slated for each month of 2024 in an effort to help industry observers follow the arc of residential real estate's rebound this year
by Chris LeBarton Jan 24
Ready to share your wisdom with the industry? The Triple-I survey is open
The Inman Intel Index goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to the industry's most ambitious monthly survey today
by Chris LeBarton Jan 22
Why NAR may be primed for record membership fall in 2024: Triple-I
The National Association of Realtors may be on the verge of a bigger membership decline than it's ever seen before — including during the 2008 housing crisis. Intel explores why that is
by Chris LeBarton Jan 15
More agents than ever earn business from networking and SOI
From cold calling and radio shows to painting classes, agent efforts to grow sphere of influence aren't one-size-fits-all
by Chris LeBarton Dec 29
The 31 biggest residential deals of 2023 commanded $50M or more
New York City and Palm Beach, Florida, shouldered the greatest number of high-end luxury transactions in 2023. Marred by its loathed new mansion tax, Los Angeles failed to make the cut
by Lillian Dickerson Dec 29
From Sitzer to Moehrl, 2023 was the year of commission confusion
Sitzer | Burnett and its verdict cast a long shadow that will extend into 2024 and potentially shake up the real estate industry. But it wasn't the only lawsuit with commissions in the crosshairs
by Andrea V. Brambila Dec 28
5 continuing education courses tailor-made for 2024
Keller Williams Head of Inclusion and Belonging Julia Lashay Israel shares her top picks for certifications, designations and resources that are perfect for the new year
NAR President: Commission changes will 'marginalize' buyers
NAR President Tracy Kasper appeared on CNBC's 'The Exchange' Thursday to discuss mortgage rates, affordability and the potential harm of changes to the current commission structure
by Marian McPherson Dec 15
Signs of a buyer's market emerge as homeseller concessions return
More than a third of all home sales featured a concession in the past 3 months, according to new data and agents who told Inman that they're beginning to see signs of a buyer's market unfold
by Ben Verde Nov 27
Mortgage rates overtake inventory as biggest worry for agents: Triple-I
After exceeding 8% in October, rising mortgage rates overtook 'lack of housing inventory' as the top concern for real estate agents, according to the latest monthly Inman Intel Index results.
by Chris LeBarton Nov 21
Inman Intel Index: Anxiety among rank and file up in wake of Sitzer
For weeks, the eyes of real estate's agents and leadership were on the Sitzer | Burnett trial. They shared their thoughts and fears as part of Intel's monthly real estate sentiment survey
by Daniel Houston Nov 15
Confused about your commission? Your client will be too: LeBarton
The industry is still unpacking the Sitzer | Burnett verdict and its impact on commissions, Inman Director of Research Chris LeBarton told Intel. After that, expect even more queries from clients
by Daniel Houston Nov 15
Mother of all commission suits filed in Illinois, this time by homebuyers
'Batton 2,' exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at many of the defendants in another suit called Gibson
Implement a listing-centered strategy with this 2-pronged plan
A group of prominent real estate voices laid out several actionable steps for building through a slow market at Inman Connect
by Daniel Houston Nov 1
Young homebuyers could lead the recovery. So what do they want?
First-time buyers are less likely than homeowners to be holding out for lower mortgage rates. But they hold a host of other priorities and concerns, according to an Intel analysis of buyer behavior
by Daniel Houston Oct 25
Buyers continue downward spiral, but new listings may be steadying
Homebuyers are backing away from the market as mortgage rates continue to climb. But new listings aren't declining as quickly, Redfin reports
by Daniel Houston Oct 19
Inman Intel Index: Real estate leaders brace for dizzying change
The inaugural Triple-I survey went out to the Inman community last month, and the results are here. Dig into 126 pages of deep, exclusive findings, only for Intel subscribers
by Daniel Houston Oct 18
Full court press: What to know as the Sitzer | Burnett trial unfolds
The allegations, the high-profile witnesses slated to testify and all the evidence the jury will and won't see — it's all here as the long-awaited Sitzer | Burnett commission trial unfolds this week
by Andrea V. Brambila Oct 16
Why US consumers are souring — and what that means for housing
Maegan Sherlock, senior research analyst for John Burns, spoke with Intel about the results of the firm's latest household sentiment survey: 'I was hoping to see a new magic mortgage rate'
by Daniel Houston Oct 11
Hollywood's top 35 luxury real estate agents, revealed
It takes a highly qualified real estate agent to perform at the level that many celebrities demand. Here are the top ones serving Hollywood today, according to 'The Hollywood Reporter'
by Lillian Dickerson Sep 29
Tom Ford nabs Jackie O's former Hamptons summer home at $52M
The deal is just the latest of Ford's big-ticket transactions, following a couple multimillion-dollar home purchases in Palm Beach over the last several months
by Lillian Dickerson Aug 15
5 ways to encourage buyers in the current market
If you come from a place of doing good for your buyer clients and being highly aware of the market context, the results will unfold
by Mauricio Umansky Aug 11
When handling buyer objections, preparation is key, brokers say
Buyers with doubts need to know they're being heard. A well-oiled process for responding to their objections can help, Bianca D'Alessio and Aaron West said Thursday at Inman Connect Las Vegas
by Daniel Houston Aug 11
The commission suits are headed to trial. What happens after that?
At Inman CEO Connect, Russ Cofano, James Dwiggins and Greg Robertson debated the changes that agents and brokers may see as a result of homeseller lawsuits and government interference
Stand out: Master social media and be 'super f*ing authentic'
At Inman Connect, star brokers Josh Peters and Nile Lundgren shared the power of authenticity and dedicating yourself to a niche during a challenging real estate market
by Marian McPherson Aug 8
The ultimate guide to Inman Connect Las Vegas 2023
So you've decided to join us at Inman Connect Las Vegas. Bravo! Here's a day-by-day breakdown of the conference along with some tidbits to get the most out of your week in Sin City
by Marian McPherson Aug 8
To win this summer, homebuyers in California are turning every stone
With some of the highest home prices in the nation, California buyers and sellers are having an abnormally difficult time managing higher mortgage rates, agents in the Golden State told Inman
by Marian McPherson Aug 4
Carrie McCormick: Every home has a story. As agents, we need to tell it
Ahead of her stage appearance at Luxury Connect, @properties' McCormick — Chicago's No 1 luxury broker — shares what buyers truly care about, the key to storytelling and other advice
by Marian McPherson Jul 24
Cash is still king as Florida agents navigate 'wonkiest market' in years
As the summer housing market in Florida heats up, homebuyers and sellers are discovering a tale of 2 markets that offers opportunities for luxury buyers — and next to nothing for everyone else
by Marian McPherson Jul 14
Home search startup Dash rolls out new construction info for agents
Dash, which aims to improve how real estate agents access information about new construction projects, has released a beta test of its software in Miami, the company announced last week
by Craig C. Rowe Jul 11
Tiffany Pantozzi on the pleasures and peril of working while pregnant
Ahead of Inman Connect Las Vegas, Align Real Estate founder Tiffany Pantozzi told Inman she concealed her pregnancy last year out of fear clients would discount her ability to juggle the work
by Taylor Anderson Jul 10
Kendall Bonner: The industry isn't ready for reality of commission suit
Bonner, an eXp team leader, has been vocal about the need for agents and brokers to consider how they'll serve buyers in a post-lawsuit landscape. She expanded on her concerns with Intel
by Daniel Houston Jul 5
Summer Cooldown: New homes will offer a lifeline for some agents
Three leading economists share what's ahead for the summer, from the continued struggle with mortgage rates to a resurgence in bidding wars and the gift of new-home sales that keeps giving
by Marian McPherson Jul 5
Connection is key: Elevate client relationships with these tips
Tune in for an educational class featuring Julia Lashay Israel to learn the importance of buyer consultations and how to build trust and rapport as a foundation for smooth transactions
by Claire Buzzanca Jun 13
Meade High School, Kelly Moss and the rise of fake real estate listings
Two fake Zillow listings went viral at the end of May — one was a high school senior prank and the other resulted in buyers losing thousands. Here's how to save clients from online scammers
by Marian McPherson Jun 12
New scheduling, market reporting tools boost ShowingTime+
While Zillow remains centered on consumer search and lead generation, offspring ShowingTime+ is becoming the 'super app' the industry giant promised, according to the company
by Craig C. Rowe Jun 8
Are you more honest than a used car salesman?
You’ve heard the analogy used a million times, but is it accurate? Broker Troy Palmquist examines the very real differences between real estate agents and car salespeople
by Troy Palmquist May 15
Help first-time buyers (and their pets) find a fur-ever home
Opinion
Increases in pet ownership mean that more and more of your buyers are focusing on providing the right type of home environment for their fur-babies
by April Murphy May 12
Let's stay together: Why buyer love letters deserve a second chance
Opinion
It's time to question unfounded legal warnings and negative scenarios that don't make sense so that we can put this tool to use for buyers, the CEO of Darryl Davis Seminars writes
by Darryl Davis May 8