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Ryan Serhant talks life after Netflix and brokerages in a post-settlement world

Housing Wire

Ryan Serhant and his brokerage SERHANT. HousingWire real estate reporter Jeff Andrews sat down with Serhant to talk about the show, how it changed his life and the brokerage, and what he sees coming in the industry following the commision settlement by the National Association of Realtors (NAR). At this point, we’ve gained, I think, 1.3

Brokerage 431
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Looking for clarity in the Clear Cooperation debate

Housing Wire

As part of NAR’s mandatory MLS policies, Clear Cooperation requires brokers to list properties on an MLS within one day of publicly marketing the listing. Saul Klein , the CEO of San Diego MLS , began his career in the real estate industry in the 1970s. “I more than their off-MLS counterparts.

MLS 448
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RESO announces 2025 board of directors election results

Housing Wire

In addition to Jensen, John Breault, the vice president of MLS at Rhode Islands State-Wide MLS, was elected vice-chair, Melissa King, the COO of OneKey MLS , was named secretary, and Richard Renton, the CEO of Triad MLS , was named Treasurer.

MLS 365
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Compass cuts losses in Q3, addresses commission lawsuit threat

Housing Wire

The brokerage’s national quarterly market share grew by 26 basis points year over year, reaching 4.4% The company also increased its agents count by 4%, reaching 14,055 principal agents in Q3. million after the brokerage paid its commissions and related expenses. Revenue decreased by 10% year over year to $1.34

Principal 435
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Chaos, consolidation and opportunity: Experts weigh in on what NAR’s settlement means for the industry

Housing Wire

While many in the real estate industry were surprised by the news Friday morning that the National Association of Realtors had agreed to a nationwide settlement of the commission lawsuits for $418 million, Marty Green, a principal at law firm Polunsky Beitel Green , was not one of them.

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NAR CEO back on stand for second day of defense testimony in commission lawsuit trial

Housing Wire

In his testimony, Gansho stated that NAR does not conspire with brokerages on commissions, and he echoed Goldberg’s sentiment that brokerages do not follow and enforce the rule. ” However, if an MLS didn’t want to adopt a mandatory NAR rule, the MLS would lose its NAR-provided errors and omissions insurance, Gansho said.

MLS 448
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Commission sharing websites have emerged. But it’s buyer beware

Housing Wire

Since the settlement agreement bans offers of compensation from the MLS, but allows for them be shared in other places, many have felt this could be the ideal solution and, understandably, several sites specifically designed to share compensation and concession information have popped up. And that’s the rub.

MLS 459