Agent “glut” means part-timers are now the majority, leading to “widespread incompetence and pressure to maintain high commission rates,” according to the Consumer Federation of America.
Source: Inman News
49% of agents sold either 1 home or none at all in the past year: CFA
Published in Agent, Brokerage, cfa, coldwell banker, commissions, consumer federation of america, home sales, keller williams, NAR, national association of realtors, Select and Stephen Brobeck
More from AgentMore posts in Agent »
- Earning gratitude: 5 ways to move the needle in your business
- Zillow Flex class-action complaint now includes RICO allegations
- Through the bathroom door: What 3D tours reveal about buyers today
- The end of ‘just listed’ marketing (and what to do instead)
- October brought the strongest buyer’s market in 12 years: Redfin
More from BrokerageMore posts in Brokerage »
- Earning gratitude: 5 ways to move the needle in your business
- Zillow Flex class-action complaint now includes RICO allegations
- Kris Lindahl on why unapologetic authenticity is your only sustainable marketing plan
- Here’s why SMART goals are dumb and STUPID goals work better
- NAR by the numbers: Dues flat, members ‘sticky,’ cost cuts ahead
More from cfaMore posts in cfa »
- New forms aim to sidestep NAR settlement, law professor warns
- Can you survive the squeeze from 2% commissions? The Download
- Consumer watchdog advises buyers to pay agents ‘2% or less’
- Consumer watchdog holds up new eXp seller contract as model
- Consumer watchdog develops new standard to assess buyer contracts
More from coldwell bankerMore posts in coldwell banker »
- Despite unease, Compass poised to retain most Anywhere agents
- Price cuts and concessions: Here’s how to prepare homeowners for the reality of selling a home today
- Anywhere expects preservation of brand ‘independence’ after Compass merger
- Former Coldwell Banker CEO on affordability and ‘purple’ policies
- Robert Reffkin: My commitments to Anywhere’s brands
More from commissionsMore posts in commissions »
- New client leads, murky waters: October’s mixed bag for real estate
- The anti-lawsuit way of presenting your fee: Now Streaming
- Why the NAR settlement has become a blessing, not a curse
- Commissions held up in Year 1. Would a seller’s shift upend them?
- The 4 types of listing appointments you must have: Now Streaming
More from consumer federation of americaMore posts in consumer federation of america »
- New Fannie, Freddie housing goals may hurt working families
- Mortgage trigger leads will be less crazy, but they ain’t going away
- Court denies CFPB’s request to vacate fair lending settlement
- Groups slam CFPB’s bid to undo fair lending settlement as ‘dangerous’
- State Farm seeks double-digit rate hike in California in wake of LA fires
More from home salesMore posts in home sales »
- NAR economist predicts post-shutdown real estate ‘boom’
- The inventory surge is sputtering. See how your market stacks up
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Lower mortgage rates spur homebuyers, but mostly refis
- Pending home sales remain stuck in the mud in September
More from keller williamsMore posts in keller williams »
More from NARMore posts in NAR »
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- NAR by the numbers: Dues flat, members ‘sticky,’ cost cuts ahead
- Kevin Brown shares his plans as NAR’s new president (EXCLUSIVE)
- Realtors reject proposal to require disclosure of more referral fees
- NAR repeals policy requiring membership for MLS access
More from national association of realtorsMore posts in national association of realtors »
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- NAR by the numbers: Dues flat, members ‘sticky,’ cost cuts ahead
- Don’t merge Fannie and Freddie, says their biggest investor
- Kevin Brown shares his plans as NAR’s new president (EXCLUSIVE)
- Realtors reject proposal to require disclosure of more referral fees
More from SelectMore posts in Select »
- Earning gratitude: 5 ways to move the needle in your business
- Zillow Flex class-action complaint now includes RICO allegations
- Through the bathroom door: What 3D tours reveal about buyers today
- Rebounding mortgage rates dampen homebuyers’ appetites
- The end of ‘just listed’ marketing (and what to do instead)
More from Stephen BrobeckMore posts in Stephen Brobeck »
- It’s ‘difficult’ for buyers ‘to negotiate lower commission rates,’ watchdog says
- Low-fee brokers can offer quality, full service for less: Watchdog
- Private listings negatively impact both buyers and sellers: Watchdog
- Zillow and Redfin listing ban FAQ: What you need to know now
- Give us your hot take on the new Zillow, Redfin listing rules: Pulse
Be First to Comment