Agents with five or fewer sales a year took in an estimated 25-30 percent of all commission income in three disparate markets, according to an…
Posts published in “Stephen Brobeck”
Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined. Source: Inman News
Agents and brokers who spoke to Inman following the ruling in favor of NAR disagreed on who is “overreaching” in the case and on whether…
In a report on Wednesday, the Consumer Federation of America found the median commissions listing agents offered to buyer agents ranged from 1 percent in…
The study argues that decoupling commissions would harm first-time, low-income, and minority buyers, but critics like the Consumer Federation of America say it’s based on…
The Consumer Federation of America says lack of discounts for more expensive homes shows “the structure of agent compensation is both inequitable and inefficient.” Source:…
In a new report alleging the majority of commissions are nearly identical in 35 U.S. cities, the Consumer Federation of America said offers to buyer…
Most Florida agents are transaction brokers who aren’t required to disclose they have no obligation to look out for customers’ best interests, according to a…
The Consumer Federation of America pushes for an end to the sharing of commissions between listing and buyer brokers to spur price competition. Source: Inman…
A report from the Consumer Federation of America found that the vast majority of seats on state real estate commissions are held by industry members,…