In the wake of the National Association of Realtors’ 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3…
Posts published in “glenn kelman”
Seattle-based brokerage and portal Redfin’s third-quarter revenue grew 3 percent year over year to $278 million. However, the company’s net losses ballooned 77.8 percent, according…
The American Real Estate Association is looking for those “fined or otherwise harmed” by the National Association of Realtors’ pocket listing rule and are interested…
According to Redfin CEO Glenn Kelman, big brokerages have a vested interest in getting rid of Clear Cooperation, even at the expense of agents and…
Some real estate leaders say the focus on Clear Cooperation stems from the recent commission lawsuits. But other see a deeper question about brokerage profits…
The Agency CEO and founder said he plans to revive a lawsuit against NAR over a pocket listing network. The threat came days after NAR…
Seattle-based brokerage Redfin is taking its commission-based payment model, Redfin Next, nationwide on Oct. 27. Redfin Next enables agents to keep their W-2 status and…
Two days before the implementation of new cooperative compensation rules, Redfin CEO Glenn Kelman explained what the changes will mean for consumers and the industry…
Glenn Kelman: It’s ‘game on’ for the 2025 housing market
In his latest CNBC appearance, Redfin CEO Glenn Kelman talked about mortgage rates, the lock-in effect, and how buyer-broker compensation changes are already impacting market…