The recipe for fixing Clear Cooperation — and avoiding chaos
In the second of a 2-part series, NextHome CEO James Dwiggins warns of a greed-driven future if the CCP is eliminated, and shares a proposal for revising it.
October 9, 2024
Real Estate News: The latest news for agents and other pros.
- Zillow stands firm on opposition to private listing networksPresident Susan Daimler reiterated the company's support for the Clear Cooperation Policy, and called private networks "terrible" for consumers and agents.October 9, 2024
- MLS Milestones: Data shares in Texas, plus a new buyer agreement toolThree major Texas MLSs — Unlock, HAR and SABOR — agree to share data; REcore unveils new compliance product for buyer agents; Stellar subsidiary goes global.October 8, 2024
- Howard Hanna dismissed from Pennsylvania commissions caseWest Penn MLS was also dismissed, with the judge ruling there was no evidence of a conspiracy between the parties to fix rates.October 8, 2024
- Why we have Clear Cooperation — and why we should keep itIn the first of a 2-part series, NextHome CEO James Dwiggins explains the history of NAR’s policy and warns of the legal consequences of eliminating it.October 8, 2024
- Homebuyer sentiment is up, but for how long?Consumers were considerably more upbeat about the housing market in September, but rising mortgage rates may put a damper on their enthusiasm.October 7, 2024
- eXp paying $34 million to settle commissions caseThe deal, which is not yet final, came in a Georgia case but covers similar lawsuits over agent compensation.October 7, 2024
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- Sponsored ContentZillow: Insights, trends and best practicesSee the latest product and company news, plus tips for agents and brokers.
- Tech Bytes: Agent safety platform wins; DropOffer, Rayse rolloutsTether RE takes top spot in T3 Tech Summit Pitch Battle, DropOffer launches platform for off-market deals, Rayse platform goes live in 200 brokerages.October 7, 2024
- Sponsored ContentRealtor.com PRO: Exclusive news, insights, and adviceDiscover the newest updates on our products and company, along with expert tips tailored for agents, team leads, and brokers.
Commissions in jeopardy
Following the Sitzer/Burnett verdict, lawsuits challenging long-standing commissions practices have cropped up across the country — some local, some national in scope.
Learn more
More News
- ‘Unfiltered’: Yes, it’s hard, ‘but it’s time to move forward’Watch the conversation with industry icon Sherry Chris as she discusses leading with humility, brand-building and navigating change.October 6, 2024
- Brokerage Beat: News from Christie's, The Agency, Redfin, moreChristie's Real Estate gains KY team; The Agency adds office, launches mortgage business; BHGRE nabs Louisiana affiliate; SFAR president joins Redfin; more.October 5, 2024
- Pocket listings lawsuit now focused solely on NARIn a fourth amended complaint, Top Agent Network has doubled down on its allegations that Clear Cooperation is anticompetitive and anti-consumer choice.October 4, 2024
- Mortgage rates jump following strong jobs reportWhile higher levels of employment is good news for real estate in the long term, rising rates may put a damper on home sales this fall.October 4, 2024
- EasyKnock takes victory lap after $153K arbitration rulingThe sale-leaseback proptech mired in legal action celebrated a win that absolved the firm of wrongdoing and awarded it over $153,000 for past due rent and fees.October 4, 2024
- Now is the moment to innovate, but tech alone won’t do it“We need people who are more ambitious,” real estate leaders were told at this week’s T3 Tech Summit. And they need to be ready to go deeper with AI.October 4, 2024
- More objections pour in over settlements involving Compass, RedfinA total of nine brokerages have settled in the Gibson/Umpa case, but objectors balk at damage amounts and cite concerns over the impact on homebuyer claims.October 3, 2024
- NAR tells sellers they don’t have to list on the MLSIn its latest consumer guide, the association offers general education about MLSs while alluding to the ongoing debate over its Clear Cooperation Policy.Updated October 9, 2024
- Buyers are getting ‘a leg up’ for the first time in yearsMortgage rates remain relatively low, and buyer activity, including home tours and mortgage purchase applications, are up.October 3, 2024
- A new CEO for REcolorado; C-level execs join MoxiWorks, OpendoorDana Bennett brings brokerage as well as MLS experience to REcolorado; MoxiWorks hires its first CMO as it eyes expansion to mid-market and agent customers.October 3, 2024
