NAR: Commission lawsuits could be ‘disastrous’ for both buyers and sellers

How should the industry make agent commission structures more transparent before angry consumers and the Justice Department forces it to do so in ways that might be harmful? BYANDREA V. BRAMBILA If the homeseller plaintiffs of two major real estate commission lawsuits get their way, the impact could be “disastrous” for both homebuyers and sellers, Jack Bierig, […]

Amazon gets into real estate with major Realogy partnership

The nation’s largest real estate company and an e-commerce juggernaut want to change the way people buy homes.  BYPATRICK KEARNSStaff Writer Amazon is diving headfirst into the real estate industry with a new partnership alongside industry giant Realogy, the companies announced Tuesday. TurnKey, a new platform that rolls out Tuesday with the heft of a major marketing blitz […]
Thinking about becoming a Real Estate agent?  Find information about ECAR’s pre-licensing school or call our office at 860-892-2595.  Jump in a Saturday class, or plan for a fall evening class!  In the meantime, this article will help you decide if this career is right for you. BY JOSEPH SANTINI – If you’re thinking about becoming an agent, have a […]

Bombshell lawsuit takes a new turn (BY ANDREA V. BRAMBILA)

The major class-action lawsuit against NAR, Realogy, KW, RE/MAX, HomeServices of America and more has been amended to include new plaintiffs and new, more detailed accusations BYANDREA V. BRAMBILA The class action lawsuit that could upend the U.S. real estate industry by effectively forcing changes in how buyer’s agents are traditionally compensated has been amended, adding more […]

Feds warn of 1,100% rise in real estate phishing scams

In 2017, scammers intercepted $1B in transactions BY JIM DALRYMPLE The downpayment on a house is the largest single sum of money many people spend in their lifetimes, and now the feds have a stark warning for would-be homebuyers: Watch yourself, or lose it all to scammers. The warning from the Consumer Protection Bureau (CPB), issued in a […]

The future of real estate: A consumer model

Here are the predictions influential real estate professionals made at Disconnect 2019 BYBRAD INMAN A select group of influential real estate professionals gathered in April in the desert of Palm Springs for the 2019 edition of Inman Disconnect. They wrestled with the pressing real estate issues of the day. They worked earnestly to figure out where […]

Realtors’ median income grows 5%

More women have also joined the industry, according to NAR data Email Veronika Bondarenko If you’re a Realtor, there is cause to celebrate: The median income for the profession grew by 5 percent between 2017 and 2018, according to the National Association of Realtors (NAR)’s latest research. The 2019 National Association of Realtors (NAR) Member Profile, which emailed a […]