Redfin and NAR the Targets of Yet Another Commission Suit
Another commission lawsuit is facing the National Association of REALTORS® (NAR), this time including Redfin and the California Association of...
Premier
Mortgage Mix: Major Lender Hit with Class Action; Rocket Sunsets Origination Channel
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon....
Plaintiffs Seek Partial Summary Judgment in Moehrl Commission Case
In an attempt to counter the defendants’ Dec. 19 request for summary judgment in their favor in the ongoing commission...
4 Property Types Most Frugal Homebuyers Won’t Even Consider
As a real estate agent, it is important to converse with clients to figure out what they are looking for,...
eXp Must Face Cover-Up Allegations in Sexual Assault Lawsuit, Judge Rules
A federal judge is allowing four women to move forward with civil claims that they were drugged and sexually assaulted...
Redfin Pushes New Agent Compensation Model, Reports Quarterly Declines
While Redfin reported losses during quarterly earnings reports in 2023, the company maintained a mood of cautious optimism. CEO Glen...
Mortgage Rates Continue to Edge Near 7%
The 30-year fixed-rate mortgage (FRM) increased slightly this week, from last week’s average of 6.9% to an average of 6.94%...
Compass Satisfied With Q4 Performance Compared to National Averages
Compass reported increases of principal agent count by 7.7%, up 1,046, and quarterly market share up 4.41%—a jump year-over-year by...
Pending Home Sales Decline in January; All 4 Regions Down Year-Over-Year
Pending home sales in January dropped 4.9%, according to a report issued Feb. 29 by the National Association of REALTORS®...
Inflation Data Raises Hope for Rate Cuts Despite ‘Wonky’ Blip
No news appears to be good news as far as inflation data goes, with investors celebrating as the Federal Reserve’s...
Commission Timing Impacts Reporting
How and when commissions are recorded can materially affect year-end financial reporting. Clear payout timing and accurate income recognition ensure your numbers reflect reality. Gain financial precision.
Business Tip of the Day provided by
