A report from the Consumer Policy Center claims that referral programs through companies like Zillow and Redfin contribute to high commission rates.
AI boosts agent efficiency, but pricing may not change until NAR settlement rules push transparent fee negotiation.
Rightly Realty launches a nonprofit full-service real estate model using AI to boost agent productivity and eliminate consumer-facing commissions. LA JOLLA, CA ...
The Consumer Policy Center says referral fees, including portal programs that take up to 40% of commissions, can keep commissions near 3% and limit consumer choice. CPC cites a 1,016 person survey ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...