Top agents are winning a greater share of listings in the wake of NAR’s commission settlement last year, with high-performers holding 42.64 percent of all listings, new data from tech firm Relitix shows.
Category: commission lawsuits
News Knockout Final: Your favorite 2 stories of the year duke it out
Commission lawsuits and industry practice changes will face off in our final bracket challenge. Inman readers, vote now and let us know what you think is the most important story of 2024.
After NAR NXT, it’s clear: NAR is leading us into more lawsuits
This is a moment of transformation in our industry, and you have a choice: adapt or fall behind, coach Darryl Davis writes. Don’t wait for the market to dictate your future. Take control.
Weichert follows eXp Realty’s lead in settling commission lawsuits
Weichert has reached a settlement in a case known as Hooper, according to new court documents. EXp’s settlement in that case sparked pushback from plaintiffs in a different lawsuit.
EXp punches back over criticism of ‘sweetheart’ commission deal
The virtual brokerage argued Tuesday that it’s settlement wasn’t too small, and asked a court to reject attempts to force it back to the negotiating table.
Fathom Realty agrees to pay $2.95M to settle commission suit
The company denied wrongdoing and said it had agreed to settle with plaintiffs in an attempt to move on and continue growing the business.
Clear Cooperation takes center stage, faces pressure to change
Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry’s most polarizing rules.
More than 10 million homesellers targeted in class-action media blitz
JND Legal Administration, the company tapped by lawyers to oversee administrative tasks around the Gibson settlement, sent mail out to millions of potential class members earlier this year.
EXp not ‘doing broker-to-broker compensation’ — with caveats
A much-discussed listing agreement update reflects upcoming NAR rules, but doesn’t bar sellers from offering compensation to buyers’ agents.
5 coaches on how to show your value to get the commission
There are several ways in which agents can prove just how much they’re worth — and why anyone would want to sign a buyer-broker agreement and pay their commission.