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Is there a ‘Clever’ solution to the confrontation over commissions?

The Moehrl class action lawsuit focuses on a complaint that states the 6 percent commission is too high and that clients should have a say in the commission split — and agents aren’t too happy about it. Flat-fee discount brokerage Clever Real Estate is trying to meet everyone in the middle. Source: click here

3 simple branding tips that work

Sick of spending thousands on leads that rarely convert? If you could, wouldn’t you rather focus your conversion efforts on prospects who already want to work with you? Learn how from Mike Cuevas, aka The Real Estate Marketing Dude. Source: click here

Life getting you down? Get a little perspective

Sometimes we get dealt lousy hands, and as real estate agents, we shoulder a lot of responsibility and burden. But the key is to maintain perspective. Source: click here

Fannie Mae appoints Hugh Frater as permanent CEO

Fannie Mae has appointed Hugh Frater as its permanent chief executive officer following a six-month search to replace former CEO Timothy Mayoupolos, who stepped down in October. Frater, who served as interim CEO during the six-month search, has served on Fannie Mae’s board of directors since 2016. Over the course of his career, he has […]

Chicago-based Abode has acquired discounter USRealty

Abode, a company that is trying to streamline the homebuying process while providing deep discounts to consumers, has acquired discount brokerage USRealty. Source: click here

How much house can you afford? Realtor.com’s new tool will tell you

Realtor.com on Wednesday introduced a new feature to help homebuyers more deeply understand how far their dollar can actually go, also known as buying power, when shopping for homes. Price Perfect is a consumer-facing tool that allows shoppers to add or subtract the cost of specific home features and configure their ideal home in both their […]

Purplebricks agent sues over independent contractor status

A decision on independent contractor status made by the California Supreme Court last year is hitting the real estate industry — and flat-fee brokerage Purplebricks might be the first to grapple with it. Source: click here

HomeServices dethrones NRT as top brokerage in US: Real Trends

HomeServices of America has ended NRT’s two-decade reign atop the Real Trends 500 list, beating the Realogy company in number of transactions. Source: click here

HomeServices chairman teases ‘several’ acquisitions in 2019

Ron Peltier is enjoying HomeServices of America’s view from the top, but he’s not spending too long taking it in. On Wednesday, the company spoiled NRT’s two-decade reign as the top real estate brokerage in the country in transaction sides — for the first time in Peltier’s tenure. Source: click here

Charlie Sheen keeps cutting the price of his mansion

Charlie Sheen has slashed the price of his California estate to $7.99 million — the fifth price drop since listing it last year — proving that even celebrities sometimes struggle to sell their homes. The Sherman Oaks estate, which Sheen bought for $7.2 million in 2006, has five bedrooms and 8,628 square feet. He first listed […]

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