IndustryPlaintiffs seek whopping $4.7 billion from HomeServices The last defendant in the Sitzer/Burnett commissions case said it anticipated the motion and will respond with its own court filings in April.Dave GallagherMarch 18, 2024
BrokerageseXp ‘expecting a whole lot of creativity’ in wake of NAR dealDuring a livestream with nearly 50,000 viewers, eXp leaders discussed NAR’s proposed settlement while agents flooded the chat with reactions.AJ LaTraceMarch 18, 2024
Brokerages‘We remain vigilant’ KW says as it unpacks NAR settlementFrom buyer agreements to non-MLS places where cooperative compensation can appear, here’s what Keller Williams is telling leaders and agents about the deal.Stephanie Reid-SimonsMarch 18, 2024
By the NumbersHomebuilder sentiment at highest level since last summerLow existing home inventory and the expectation of falling interest rates continue to drive builder optimism.Dave GallagherMarch 18, 2024
IndustryWinners, losers and a look at the post-commissions deal futureBuckle up: The proposed NAR settlement will unleash a fast-moving wave of change – and opportunity, especially for buyer agents who can articulate their value.Russ CofanoMarch 16, 2024
BrokeragesBrokerage Beat: News from C21, Christie's in Florida and IdahoCentury 21 gains North Carolina indie; PureWest Christie's moves into Idaho; John R. Wood Christie's adds nearly two dozen agents.Real Estate News StaffMarch 16, 2024
Paid ContentWhy one team is pushing hard on Listing Showcase — and seeing resultsAgent Dusty LaBossiere of Century 21 in Georgia says sellers have been “super excited about the product,” and it’s giving his team a competitive advantage.ShowingTime+
IndustryYour guide to the latestKeep track of all the cases and their status with our handy lawsuit cheat sheet.
Brokerages94 brokerages left out of NAR commissions deal. What’s next?Top companies and MLSs outside the settlement can take part in a streamlined process to pay into a fund — but it could cost millions.Dave GallagherMarch 15, 2024
IndustryStrong reactions to NAR commissions dealOpinions on the settlement range from concern that it will “spell disaster” for buyers to optimism that the quality of agent services will improve.AJ LaTraceMarch 15, 2024
IndustryNAR commissions settlement details revealedCourt documents outline a payment schedule and a series of rule changes, including the elimination of offers of compensation through the MLS.Dave GallagherMarch 15, 2024
IndustryWhat agents need to know about commission rule changesAs a part of its proposed settlement, NAR agreed to significant policy changes that will impact how all agents do business — and how buyer agents get paid.AJ LaTraceMarch 15, 2024
MLS/AssnNAR reaches $418 million deal to settle commissions lawsuitsThe settlement, which still requires court approval, adds a new rule prohibiting offers of broker compensation on the MLS.AJ LaTraceMarch 15, 2024
By the NumbersAgent optimism up as new listings surgeA national survey of 1,900 real estate agents found that most are anticipating a good market in the coming six months. AJ LaTraceMarch 14, 2024
IndustryCommissions cases: The next 90 days could change everythingThree key decisions, including the Sitzer/Burnett judgment, are expected this spring — and they could determine what happens next for the industry.Dave GallagherMarch 14, 2024
By the NumbersMortgage rates see biggest weekly drop since DecemberRates eased this week, but they will likely remain elevated throughout the spring months as the Fed waits to take action on interest rates.Dave GallagherMarch 14, 2024
By the NumbersTwice as many sellers are looking to relocate in 2024A Coldwell Banker survey found a big increase in the number of sellers willing to move to another city or state as price considerations now outweigh location.Dave GallagherMarch 13, 2024
BrokerageseXp paid out more than $230M in rev share and stock last yearIn a new compensation report, eXp said it paid agents and brokers nearly $198 million in revenue share and $34.7 million in EXPI shares.AJ LaTraceMarch 13, 2024