Robert Reffkin relinquishes stock unit awards for $7M cash bonus

An SEC filing showed the Compass CEO is letting go of $25 million in performance-based restricted stock unit awards in exchange for something a bit more tangible. His salary is also going up to $900,000.

From Sitzer to Moehrl, 2023 was the year of commission confusion

Sitzer | Burnett and its verdict cast a long shadow that will extend into 2024 and potentially shake up the real estate industry. But it wasn’t the only lawsuit with commissions in the crosshairs.

Sitzer | Burnett closing arguments wrap as judgment day approaches

In a final push on Monday, attorneys for real estate franchisors and the National Association of Realtors argued that homesellers in the case failed to prove a conspiracy to inflate commissions.

Agents steer buyers to homes with better commissions, study claims

The study by a trio of researchers analyzed hundreds of thousands of listings and found that those offering lower commissions to buyers’ agents received less attention and took longer to sell.