Buyer Agent Commissions Rising One Year After NAR Settlement
A year after the National Association of Realtors settlement, the effects on buyer agent commissions appear minimal.
Worried About Your Commission? Learn to Show Your Value
Buyer’s agent compensation offers seem set to disappear from your local multiple listings service by this summer. And the effects will be wide-ranging.
Buyers’ Agents’ Fate Is Sealed – If They Don’t Prove Their Value
This past week’s ruling in one of the two “bombshell” commission lawsuits and Anywhere Real Estate’s and RE/MAX’s earlier settlements in both cases together form a watershed moment that will ultimately force buyer agents to negotiate their commissions directly with the seller and/or their buyer.
Don’t Put Your Earnest Money at Risk
Attaching a check to the offer on a house you hope to purchase is the right way to signal your intentions to the seller. But that means you need to keep your side of the bargain, too.
NAR Plans to Appeal $1.8B Commission Lawsuit Verdict
A Missouri jury handed down a verdict Tuesday afternoon that could upend the residential real estate industry and slap its biggest trade group and several major brokerages with at least $1.8 billion in fines.
Home Warranties Called ‘Lousy Deals’
In a recent – and unusually puffy – puff piece in a pay-to-play real estate publication, two agents sang the praises of home warranties. But in truth, home warranties are not warranties at all. They’re service contracts.
Listings Fall Out of Contract as Rates Spike
A new report from Redfin suggests another way higher mortgage interest rates are taking their toll on the housing market: more homebuyers bailing on purchases.
What’s on the Other Side of the Fence?
You can’t pick your neighbors. You can pick your neighborhood, though, and it is a good idea to give that as much thought as the house itself.
Agent Commissions Slid Down Last Year
The hot housing market is claiming another casualty: buyer’s agent commission.
Ownership Is Power, But at What Cost?
Some homebuyers, even those who absolutely adore their places, have “buyer’s remorse” – second thoughts about their purchase.
How to Win a Bidding War
A recent column about would-be homebuyers giving up because they keep losing bidding wars brought a flurry of responses: Readers want to know how they can become winners in this arena.
Redfin Starts Listing All Buyer’s Agent Commissions
In a move it’s billing as a boon to consumers, Redfin announced Monday that it’s publishing buyer’s agent commissions on over 700,000 home listings across the country, including in Connecticut.
Three Lawsuits Could Shake Up Agents’ Fees
Depending on the outcome of three major lawsuits challenging commission structures in the real estate field, the way agents get paid could change – for the better, according to one seasoned observer.
Limit the Cost of the ‘Nibble’ in Negotiations
One of the costliest strategies during a negotiation is what is known as the “nibble.” Everyone knows that “nibbling” on a regular basis can result in a significant weight gain. Many buyers and sellers engage in the “nibble” as a negotiation strategy that can be extremely costly to the other party’s bottom line.
Who Really Pays the Commission?
The so-called “bombshell Moehrl lawsuit,” currently in litigation, is a frontal assault on how commissions are shared on MLSs that forces the industry to face this question head on.
New Lawsuits Raise Question of Who Should Pay Homebuyer’s Agent
The long knives are out again for one of American real estate’s oldest and most controversial traditions: requiring home sellers to pay the agents who represent the buyers of their properties.
