What should other brokerages glean from Howard Hanna’s commission lawsuit dismissal?

What should other brokerages glean from Howard Hanna’s commission lawsuit dismissal?

“The first maxim of real estate is that all real estate is local,” Gringer said. “I’m in New York and I know the real estate market here is very, very different than... Read more »
If commission rates drop, these real estate brokerages could be in trouble

If commission rates drop, these real estate brokerages could be in trouble

If commission rates drop significantly as a result of the National Association of Realtors antitrust lawsuit settlement, it’s potentially an existential threat to many brokerages. But which ones and how many? Data... Read more »
Ryan Serhant talks life after Netflix and brokerages in a post-settlement world

Ryan Serhant talks life after Netflix and brokerages in a post-settlement world

JA: What’s been the impact of the show on the business? RS: Our listing traffic increased by hundreds of percent to every listing that we have for all SERHANT. agents. Our website... Read more »
Deal or no deal? What opting in to NAR’s settlement could mean for some of the nation’s largest brokerages

Deal or no deal? What opting in to NAR’s settlement could mean for some of the nation’s largest brokerages

“NAR threw 81 of their largest firms under the bus,” Steve Murray, the co-founder of RealTrends Consulting, said. “Those firms represent roughly 500,000 of their members, or a third of their membership,... Read more »
Opinion: Why aren’t more commercial brokerages seeking affiliated arrangements?

Opinion: Why aren’t more commercial brokerages seeking affiliated arrangements?

Let’s face it: joint ventures (JVs) and affiliated business arrangements (ABAs) are all the rage in the residential real estate space right now. And why not? In times of depressed revenue, it... Read more »
Deal or no deal? What opting in to NAR’s settlement could mean for some of the nation’s largest brokerages

More real estate agents are switching brokerages: Relitix

With market uncertainty, real estate agents had been sticking with their current brokerage., but that’s all starting to change. While inventory is still low, professionals are seeing light at the end of... Read more »
How Do Real Estate Brokerages Make Money?

How Do Real Estate Brokerages Make Money?

If you are thinking of becoming a real estate agent or broker, you might be wondering how they make money. Real estate professionals work on commission, which means they get paid a... Read more »
Five local brokerages replace Anywhere affiliates in Pennsylvania commission lawsuit

Five local brokerages replace Anywhere affiliates in Pennsylvania commission lawsuit

The Pennsylvania copycat commission lawsuit has some new defendants and a new plaintiff. In an amended complaint filed on Friday, home sellers Danielle and Jessie Kay (who sold a house in Baden,... Read more »
Deal or no deal? What opting in to NAR’s settlement could mean for some of the nation’s largest brokerages

Nevada plaintiff adds 15 brokerages to commission suit

Nevada’s unusual commission lawsuit is no longer so unusual. When the copycat commission suit was initially filed in early January by Nevada home seller Nathaniel Whaley, the complaint named just Realtor associations... Read more »
LA Antitrust Lawsuit Targets NAR, Local Brokerages

LA Antitrust Lawsuit Targets NAR, Local Brokerages

The wave of antitrust lawsuits targeting residential players big and small in markets across the country has landed in Los Angeles.  The latest case, filed yesterday in California’s Central District Court, names... Read more »