As the Nov. 26 hearing for final approval of the NAR commission lawsuit settlement approaches, voices from all sides are questioning its wisdom.
Category: NAR settlement
4 soft skills to focus on post-NAR settlement rule changes
These soft skills have never been more critical in light of the National Association of Realtors’ commission suit settlement and subsequent rule changes, OJO Labs CEO Chris Heller writes.
Agents say business as usual since Aug. 17 — but signs of strain ahead
While most reported normal activity in the weeks after the commission rules took effect, some saw an uptick in listing clients refusing to pay buyers’ fees, new Inman Intel Index results show.
A bicoastal agent’s life since the commission rules changed
Selling real estate under the new commission rules is like playing Red Light, Green Light on a tightrope, bicoastal agent Cara Ameer writes. Here’s how her business has been since the change.
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.
ReAlpha’s ‘super app’ dangles commission-free buyer agency
Publicly traded real estate software company reAlpha Tech Corp (AIRE) has shipped what it’s calling a “super app” that will provide a free solution for end-to-end homebuying representation.
Shay unveils ‘self-representation platform for homebuyers’
The changes to how real estate commissions are advertised and sourced as a result of the National Association of Realtors’ proposed settlement has led to the creation of Shay, an application to help homebuyers avoid the traditional sales model.
From fringe to forefront? What agent ‘steering’ will look like now
A survey of hundreds of real estate agents suggests that “steering” based on commissions used to be rare. After the Aug. 17 deadline, it may become ubiquitous — but with buyers in the driver’s seat.
Judge denies stay order after plaintiffs argue against NAR deal
Attorneys for the plaintiffs in a case now known as Moratis stress that NAR’s proposed settlement won’t stop “a key element of the antitrust conspiracy” and might take years to go into effect.
Will dual agency become common after NAR’s settlement?
Some believe more buyers will come to the table without agents. That could lead to fertile breeding grounds for the polarizing practice sometimes known as “double ending.”