Last week I asked all of you “Will the Compass Lawsuit with Zillow radically alter the way real estate is bought and sold in the United States?” The real estate pros have spoken and as you can see from the chart, the vote was pretty close 55% saying there would be a...
In a surprise move, Rocket mortgage is acquiring the real estate brokerage company Redfin for 1.8 billion. Why is a mortgage company interested in a real estate broker? What does this mean for realtors, consumers, and competitors? Will this purchase...
With the realtor settlement now implemented nationwide, the question now is will a reduction in realtor fees lower house prices? The big premise of the commission lawsuit against the national association of realtors is that high commission fees were one of the...
Big changes to how real estate has been bought and sold are scheduled for July. Why is this settlement the most groundbreaking change in real estate since the internet. What is in the most recent settlement? How will home buyers and sellers be impacted by the...
There has been a ton of talk regarding the lawsuits against the National Association of realtors, but from a practical perspective what does this mean for the market? Will buyer’s agent commissions be eliminated? One realtor association is not waiting for more...
A federal jury on Tuesday found the National Association of Realtors and large residential brokerages liable for about $1.8 billion in damages after determining they conspired to keep commissions for home sales artificially high. Two major real estate companies have...
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