New commission suit against Side, others filed — and all but settled

Side and other brokerages, along with a pair of MLSs, will collectively pay $10,570,000 to settle the new antitrust case if proposed terms — offered on the same day as the suit was filed — are greenlit.

71% of real estate agents didn’t close any deals last year

At Inman Connect New York, Redfin’s Joe Rath broke down the views of active agents in the industry, who make up less than a third of all Realtors.

NAR hires insider as ‘first-ever’ senior VP of industry relations

Jarrod Grasso will lead the trade group’s efforts to “deepen engagement with state and local associations, MLS executives and other critical industry partners.”