In an order released on Tuesday, April 23, Judge Stephen R. Bough granted preliminary approval of the NAR settlement, describing the sweeping changes in the agreement as “fair, reasonable, and adequate.” A final approval hearing is set for November.
On April 15, 2024, Fannie Mae and Freddie Mac issued notices stating that buyer agent commissions will not be included in the cap on interested party contributions (IPCs), per current policies.
On Friday, April 12, 2024, the U.S. Judicial Panel on Multidistrict Litigation decided against consolidating copycat commission lawsuits into one large case—at least for the time being.
A new report from the Consumer Federation of America (CFA) highlights the benefits of recent changes in real estate agent compensation resulting from the uncoupling of real estate agent commissions.
The Real Brokerage announced today (April 8, 2024) it has agreed to a settlement to resolve the pending class action litigation, Umpa vs. NAR on a nationwide basis.
eXp Realty named Leo Pareja as the new company CEO, taking over for founder Glenn Sanford, who will stay on as founder, chairman and CEO of eXp World Holdings.
The National Association of Realtors® has released its 2024 Home Buyers and Sellers Generational Trends Report, showing 85% of all sellers report a high level of service from their real estate agent.
Tom Toole shares his top preparation strategies for listing and buyer appointments, complete with example scripts to get the answers you need while “stacking the cool” and building trust with potential clients.
In an interview with Yahoo Finance, Barbara Corcoran spoke on the NAR settlement and the confusion surrounding it, as well as what she expects from home prices and from buyer and seller behavior. She also answers the question, “When is it a good time to buy?”
Katie Clancy shares how to survive (and thrive) in a new era of real estate.
In last week’s Knowledge Brokers panel on the NAR settlement, Byron Lazine, Lisa Chinatti, and Tom Toole discussed the opportunities for real estate agents in a post-settlement world.
Tom Toole shares his four biggest takeaways from the NAR settlement to help you prepare your business now for the changes coming in July if the settlement is approved.
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