Amid the current economic turmoil, including fears of a potential recession and recent significant stock market declines, real estate professionals must remain vigilant and adaptable, Victoria Kennedy writes.
Category: Brokerage
Big Brother’s little brothers are watching you
Feeling like your listings are under scrutiny? They are. Bernice Ross lets you know more about the tools and techniques MLSs are using to ensure compliance with new commission rules.
Compass recruits Douglas Elliman agent, industry vet to Palm Beach
At Compass, Thor Brown will serve as director of luxury sales, while Sam Fingold will take on the role of luxury real estate advisor, according to South Florida Agent Magazine. Both will operate out of Compass’ Palm Beach Island office at 150 Worth Avenue.
Real estate agents lament dud of a summer: Client Pipeline Tracker
Buyers failed to bite this summer despite falling mortgage rates. It has agents about as down on their business prospects as they’ve been all year heading into the NAR settlement era, according to Intel’s Client Pipeline Tracker.
More suits, new reports, demure micro-trends: Inman’s Top 5
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Broker Spotlight: Meghan Pachas, MAP Property Solutions
Find out how this third-generation broker’s passion for all things real estate-related informs her work with clients and colleagues.
Official’s co-founder split: Alleged threats and a scramble to rebrand
As Nicole Oge, Richard Jordan and Andrew Wachtfogel sought to start fresh, Oren and Tal Alexander allegedly threatened legal action if they were to be voted out of the firm, The Real Deal reported. The Alexanders deny the allegation.
New forms aim to sidestep NAR settlement, law professor warns
In a new report, University of Buffalo contracts law professor Tanya Monestier details ways in which contracts allow buyer agents to collect more compensation than agreed-to with the buyer.
Attorneys, consumer groups have got eyes on agents: The Download
Everyone — from Michael Ketchmark to the consumer advocates behind Moehrl — is letting agents know that they’re under scrutiny as they implement the new rules of buyer agreement and (not) commission-sharing.
Homie sues NAR and others, alleging boycott and conspiracy
The suit accuses NAR and major franchisors of breaking antitrust laws. The company’s complaint includes alleged text messages in which agents refused to show Homie listings.