A new data study has determined the commission rates that real estate agents charge to buyers and sellers has held steady since the National Association of Realtors (NAR) settlement went into effect in August. According to data from AccountTECH, the average commission...
The Aug. 17 rule change by National Association of Realtors (NAR) on commissions appears to have minimal impact on how buyer’s agents are paid. According to new data from Redfin (NASDAQ: RDFN), the average buyer’s agent commission for homes sold in October was...
VirtuTour Labs, a new business unit of VRComfort Labs Inc. is looking to establish strategic and/or equity partnerships with a limited number of US and international luxury home real estate agents. The company said it would offer its new partners exclusive...
The American Real Estate Association (AREA) has launched a petition calling on the National Association of Realtors (NAR) to repeal its Clear Cooperation Policy. The petition on the Change.org site claims that NAR forces real estate professionals to “submit listings...
Seattle-headquartered Redfin (NASDAQ: RDFN) is expanding the Redfin Next agent compensation plan nationwide on Oct. 27. According to the company, all Redfin agents will earn competitive splits as high as 75% and will have virtually all their business expenses covered....
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
