[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Tongo] Tongo provides brokers and agents with a way to access pending commissions with an Agent-Line-of-Credit where they only borrow what they need and only pay back when…

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Summer] Summer is a vacation property market company whose “try before you buy” model helps owners purchase vacation properties and rent them out when not in use. Through…

Rob Hahn is conducting a webinar to summarize the important commission lawsuits (Sitzer/Burnett, Moehrl v National Association of Realtors, Nosalek v. MLS PIN), point out the issues that you have not heard (unless you’ve kept up with his recent writing), and discuss the likely impacts…

The Sitzer v. NAR antitrust lawsuit has the potential to turn an industry-accepted compensation construct on its head. At stake in this case is whether four commission-sharing rules within the National Association of REALTORS® Handbook and Code of Ethics subscribed to by all REALTORS® amount…

This post on commissions and the perception that agents are overpaid is one of the most read articles ever on Geek Estate Blog. I wrote it in 2014. In the fight to reduce commissions, there was an recent addition to the discount model graveyard that…

GoldenKey recently raised $1.75 million (TechCrunch). What’s the model? Instead of a commission, you pay an agent a flat fee for the services you need and get a 3 percent rebate when you buy or sell a home with the help of one of the…

Mass Code of Ethics confusion is the best way to describe what happened when I inquired in a Facebook Group about an ethics violation another Broker said I committed during our negotiation when I requested he reduce his commission. Many said it was an ethics…

About a week ago while on LinkedIn, a job posting popped up in my feed for a real estate broker by a company that was new to me called Homebay. It was a complete coincidence that Drew had them in his radar at the same time….