Agent News

Agents are talking about compensation “in more depth than ever before” and clearing up a lot of confusion as agent fees stay “mostly the same,” Redfin found.

With new industry rules now in effect, the association has released additional resources for buyers and sellers that focus on ethics and steering.

With new rules in place, listing agents need to consider several factors when helping sellers determine their approach to buy-side compensation.

Major brokerage leaders are telling agents to be patient with other real estate professionals (and consumers) as the industry adjusts to new practices.

Two new surveys provide a snapshot of what agents are seeing in the market, and while they’re slightly less optimistic, they remain “net positive.”

In a webinar for agents, Real’s president discussed rule changes and best practices, noting that more than a third of agents don’t even know about the lawsuits.

Saturday is the first day consumers can get details about their settlement options — and is a critical day for agents who want to be covered by NAR’s deal.

For some agents, going above and beyond is just part of the territory — and can be the key to closing the deal.

Redfin reports that the typical commission for buyer agents slipped to 2.55% ahead of the August 17 deadline for rule changes related to the NAR settlement.

The association has shared a series of fact sheets and presentations to help real estate professionals and their clients understand what to expect come Aug. 17.

The industry has weathered many storms, and through it all, has grown and thrived. So can agents. Jay Thompson shares 4 ways to leverage the changes ahead.

A recent analysis found that agents in several Midwestern cities earn higher salaries and face less competition compared to their peers in other regions.

The typical agent had fewer transactions and less income last year, NAR found, but that’s not stopping newcomers from joining — and old pros are doing well.

Hard truths emerged during a talk about real estate’s future: Consumers expect more, and agents will have to “work harder for less money” to prove their value.

A recent survey found that most successful buyers aren’t put off by rate levels, but for those who’ve paused their search, high rates are a top concern.

New York is one of only two cities where landlords can hire brokers and require renters to pay them. This may be changing — but not if the industry has its way.

A recent survey from Clever found that 70% of agents are unhappy with the deal, but two-thirds of consumers think commissions practices should change.

A practice that became common when the market heated up may have run its course, observes veteran broker Phil Faranda.

Agents will be navigating new territory in August, and they'll need to avoid any hint of steering. CRMLS general counsel Ed Zorn offers some tips.

Cassie Walker Johnson not only supports buyer contracts, she offers training on them: “This is the tool that will define your entire professional relationship.”