Redfin expands new compensation plan to 7 more markets

Seattle-based brokerage Redfin has expanded its commission-based payment model, Redfin Next, to agents in Chicago, Connecticut, Dallas, Miami, New York, Palm Beach and Washington, D.C. Redfin execs said Redfin Next will help them navigate market "ups and downs," including the NAR settlement.

$3M deal goes up in flames after agent open house mishap

A Sydney listing agent accidentally burned down her client's $3 million home. Five years after the accident, her broker has been ordered to pay $850K in damages.

Existing-home sales rose 9.5% amid winter inventory boost

Existing-home sales were on the upswing in February, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and co-ops declined 3.3 percent year-over-year from 4.53 million in February 2023 to a seasonally adjus

We asked ChatGPT about agent value. Its answers may surprise you

ChatGPT answered questions about the value a real estate agent has and about how real estate commissions work. Do you agree with its answers?