WATCH: Brokerage CEO slams Purplebricks over low-commission model

The head of Pacific Sotheby’s International Realty berated the U.S. CEO of low-fee brokerage Purplebricks over the company’s flat-fee model.

Real estate commission offer disclosure bill ‘postponed indefinitely’

Homebuyers who view listings on property search sites never see the fees offered to buyer’s brokers by those listings. A proposed Colorado bill might have changed that in The Centennial State, but a committee in the Colorado House of Representatives ov…

‘If I cut my commission, will you?’: Dealing with a sticky proposal

Realtor Manny Menezes recently received a tough request from a listing agent: If she chipped in some of her commission to make a deal work, would he do the same? Menezes was hesitant. He knew he was worth at least a 2.5 percent commission fee, nothing …

5 ways to defend your income from tech disruption

NEW YORK — “I would say that we’re foolish to think that commissions are not going to be reduced in the future,” said Ben Kinney, who owns several Keller Williams Realty brokerages. But that “doesn’t mean that our annual incomes would stay the same.” …

Upstart brokerage outs commission offers — again

Fresh off a funding round, low-fee, Colorado brokerage Trelora has started outing commission data — again. The company is revealing how much compensation listing agents are offering buyer’s agents through the MLS. Registered users can access the data on Trelora’s website. …

Will technology kill your real estate commission splits?

One of next week’s “Provoke” panels at the Inman Connect New York conference asks the question, “Will technology kill your commission splits?” You bet they will — if you’re not prepared to adjust your value proposition to fit the tidal wave of new artificial intelligence (AI) real estate tools that are already dramatically transforming our industry …

Commissions fall worldwide, but remain high in U.S.

In Sweden, homeowners typically paid a commission rate of 1.5 percent to sell a home in 2015, down from 5 percent in 2002. Their Canadian counterparts spent 3 percent last year, less than the 4.5 percent they forked over in 2002. But what about America…

Lone Wolf and Reesio together may speed up commission check delivery

You’ve done it: You’ve closed the deal — and now you anxiously await the commission check from your broker. In many real estate brokerages, the path from close to commission is slow, manual and sometimes prone to error …

Podcast: How to double your real estate commissions in 10 steps

Would doubling your real estate commissions by next year help improve your life both personally and professionally? If you answered “yes,” then take a look below at the list of 10 steps real estate agents can take to double their real estate commission…

Most sellers get commission discounts: Redfin

There’s a widespread perception that real estate agents tend to charge uniform rates, with the typical commission generally thought to hover between 5 percent and 6 percent, depending on the market. But a new study commissioned by Redfin suggests agent…