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Tag: Commission

‘It’s An Arms Race’: How Portals Are Adapting To The Commission Crunch

May 28, 2024 No Comments Real estate ,

May is Commission and Compensation Month at Inman. Sort through the noise with the most up-to-date news on the commission changes. And look for straight-to-your inbox updates with Inman’s new weekly digest, Commission Chronicles. In March, the National Association of Realtors settled the Sitzer | Burnett antitrust suit for $418 million. As part of the settlement, [...]read more‘It’s An Arms Race’: How Portals Are Adapting To The Commission Crunch

Recruiting War ’24: Commission Suits Loom Over The Fight For Talent

May 27, 2024 No Comments Real estate , ,

Industry members see commission suits as one of the top recruiting challenges of 2024. But brokers who can target and elevate middle-tier agents might have an opportunity. This is the third and final story in Recruiting War ’24, a multi-part series exclusive to Intel subscribers on how brokerages are poaching and retaining top agents in a down [...]read moreRecruiting War ’24: Commission Suits Loom Over The Fight For Talent

DOJ Sends Signal To Industry In First Commission Comment Since March

May 24, 2024 No Comments Real estate , , , ,

At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. The U.S. Department of Justice broke its silence in court on Tuesday on the impending changes coming for the real estate industry in [...]read moreDOJ Sends Signal To Industry In First Commission Comment Since March

Commission lawsuits: The actions to take right now from brokers who are doing it

May 23, 2024 No Comments Real estate , ,

Open the door to the most powerful room in housing. Join us at The Gathering 2025 in Denver, CO, June 8-11. Go here to lock in special pricing with your registration. In this engaging panel session, hear directly from top industry leaders as they discuss their strategic responses to the commission lawsuits. This segment moves beyond mere predictions, offering [...]read moreCommission lawsuits: The actions to take right now from brokers who are doing it

VA to roll out temporary fix to buyer agent commission problem

May 22, 2024 No Comments Real estate , , , , , ,

The United States Department of Veterans Affairs will soon release a circular that “bridges the gap” on an agency law that prohibits a VA buyer from paying their real estate agent compensation, a VA official announced on Tuesday. Michelle Corridon, deputy policy director at the VA, announced at the Mortgage Bankers Association‘s Secondary & Capital [...]read moreVA to roll out temporary fix to buyer agent commission problem

NextHome CEO On The ‘Stupidest’ Part Of The Commission Settlement

May 22, 2024 No Comments Real estate , , ,

James Dwiggins spoke at the inaugural Inman Connect Miami on Tuesday, arguing that clinging to the current status quo when it comes to commissions is a recipe for disaster. At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities [...]read moreNextHome CEO On The ‘Stupidest’ Part Of The Commission Settlement

How Commission Changes Could Lead To Transactional Transparency

May 21, 2024 No Comments Real estate ,

May is Commission and Compensation Month here at Inman. We’ll sort through the noise and misinformation and provide you with the most up-to-date facts and strategies about how to prosper in the wake of the commission settlements. And look for straight-to-your inbox updates with Inman’s new weekly digest, Commission Chronicles. Consumers have spoken and courts [...]read moreHow Commission Changes Could Lead To Transactional Transparency

EU Commission Launches New Investigation into Meta Over DSA Compliance

May 17, 2024 No Comments Social media marketing , , , ,

E.U. officials have launched yet another investigation into a social media company under their new Digital Services Act (D.S.A.) powers, with Meta coming under more scrutiny, this time over its efforts to protect younger users. As explained by the E.U. Commission: “Today, the Commission has opened formal proceedings to assess whether Meta, the provider of [...]read moreEU Commission Launches New Investigation into Meta Over DSA Compliance

Agents Say Their Brokerage Has Their Back Amid Commission Mess

May 15, 2024 No Comments Real estate

The NAR settlement shook the industry, but agents overwhelmingly told the Inman Intel Index they believe their brokerage has been an effective ally. It’s a big win for brokerage training efforts. This report is based on research from Inman’s data arm, Inman Intel. Subscribe to Inman Intel for a deeper analysis of the business of real [...]read moreAgents Say Their Brokerage Has Their Back Amid Commission Mess

Judge approves brokerage commission lawsuit settlement agreements

May 10, 2024 No Comments Real estate , , , , ,

After months of uncertainty, the real estate industry has a reason to celebrate, at least a little bit. Judge Stephen Bough has granted final approval to the commission lawsuit settlement agreements reached by Anywhere, RE/MAX and Keller Williams on Thursday. The settlement agreement will become effective following any appeals process, if applicable. As part of [...]read moreJudge approves brokerage commission lawsuit settlement agreements