By the NumbersNew home sales cool, but still up nearly 6% annuallyThe inventory of new homes remains elevated, helping offset the low levels of available existing homes.Dave GallagherUpdated March 26, 2024
BrokeragesKW leaders send message of calm at Open House Nothing is changing yet, and when change does come, it won’t eliminate buyer agents or cooperative compensation. ‘‘No one can force you to work for free.”Cheryl Reid-SimonsMarch 25, 2024
AgentsTop tips to take some of the bite out of taxesTax time can be confusing for agents, but tracking mileage, making quarterly payments and hiring an accountant can pay off. A veteran CPA explains.Cheryl Reid-SimonsMarch 25, 2024
Industry3 emerging AI scams that need to be on your radarCriminals are using more sophisticated tactics and tools to defraud real estate professionals including brokerages and lenders.Robert SicilianoMarch 24, 2024
MLS/AssnThese MLSs could be on the hook for $34 millionThe 30 broker-owned or hybrid MLSs not covered by NAR’s settlement agreement must decide whether to pay into a settlement fund, request mediation, or fight on.Dave GallagherMarch 23, 2024
AgentsAgents Decoded: Burned out? It’s time to slow downConstantly reacting to real estate market whiplash — or industry-shaking news — takes a toll, and veteran agent Jill Leberknight suggests a different approach.Jill LeberknightMarch 23, 2024
BrokeragesBrokerage Beat: News from Corcoran, C21, The AgencyNYC team returns to Corcoran from Elliman; Century 21 adds affiliate in Salt Lake City area; The Agency opens third Nevada office.Real Estate News StaffMarch 23, 2024
IndustryNAR settlement could ‘force innovation,’ and other reactionsNAR's president and other industry leaders continue to share thoughts, concerns and encouragement in the wake of the association's landmark settlement.AJ LaTraceMarch 22, 2024
IndustryPeople on the Move: Realty ONE elevates 5 women execsThe internal promotions will help “drive our brand into a new era of growth and success,” said the company’s founder and CEO.Real Estate News StaffMarch 22, 2024
BrokeragesCompass agrees to $57.5 million settlement in commissions suitsThe first of 90-plus brokerages not included in the NAR settlement reaches a deal that includes changes to its business practices as well as a monetary payout.AJ LaTraceMarch 22, 2024
MLS/AssnEmerging agent association sees opportunity following NAR dealNAR’s settlement — and the emotions surrounding it — could lead more agents to consider trading in their membership for something new.AJ LaTraceMarch 22, 2024
BrokeragesRedfin brings new agent pay model to 7 more marketsRedfin Next, which offers “competitive splits” while continuing to provide agents with employee benefits, has expanded to major markets across the U.S.AJ LaTraceMarch 21, 2024
By the NumbersExisting sales make the biggest leap in a yearWhile home sales still aren’t as strong as they were in 2023, the near-10% jump in February “is a good sign” — but the momentum may not last.Cheryl Reid-SimonsMarch 21, 2024
By the NumbersSpring kicks off with rising mortgage ratesHomebuyers may have more choices, but financing continues to be challenging.Dave GallagherMarch 21, 2024
By the NumbersAgents, get your sellers readyA new Realtor.com report concludes that the best time to list in 2024 is right around the corner. Robert DavisMarch 21, 2024
MLS/AssnCould NAR’s settlement derail MLS PIN agreement?Plaintiffs ask for more time to respond to the DOJ following NAR’s announcement, which could affect the existing deal in the Nosalek case.Dave GallagherMarch 20, 2024
IndustryHomeServices stays the course in commissions lawsuitsNow the lone defendant in at least two cases, the brokerage vows to "aggressively pursue options" to resolve litigation even as it faces billions in damages.Dave GallagherMarch 20, 2024
MLS/AssnNAR seeks to clarify commissions settlement detailsIn a call with media, NAR reps sought to dispel confusion and misinformation coming out of the March 15 settlement announcement. AJ LaTraceUpdated April 12, 2024
IndustryPeople on the Move at Windermere, T3 Sixty, NAHREP, Cape Fear RealtorsWindermere appoints sales director for California; T3 Sixty promotes tech leaders; NAHREP names 2024 president; Janet Kane now CEO at Cape Fear Realtors.Real Estate News StaffMarch 19, 2024
AgentsAgents Decoded: The future is uncertain — but don’t panic!NAR’s proposed settlement in the commissions cases has quickly led to a flurry of headlines — many of them wrong. Here’s what agents need to do.Jay ThompsonMarch 19, 2024