by Mike Murphy | Feb 11, 2025 | Legal Issues, News
The recent Sitzer/Burnett v. National Association of Realtors (NAR) case in the U.S. has forced significant changes in how buyer agents receive commissions. NAR settled the case to avoid an “existential” financial threat (more than $5-billion), agreeing to remove...
by Emma Caplan-Fisher | Jan 9, 2025 | News
As the real estate industry gets more competitive and the market more restrictive, some brokerages are offering clients reduced, flat-fee commissions or cash-back up front as financial assistance. While not a new business model, amid the National Association of...
by James R.G. Cook | Nov 10, 2022 | News
Often, an agreement to purchase real estate will have a conditional period to allow for various steps to be completed by either the buyer or seller. An appeal decision in Ontario’s Divisional Court affirmed that a party cannot generally sue for compensation...
by Mario Toneguzzi | Jan 25, 2022 | Featured, Profiles
Save Max, based in Mississauga, Ont., says it is the first Canadian real estate company to pay commissions to Realtors on the same day a deal is signed on a property transaction. It allows agents to focus on growing their business rather than doing part-time jobs to...
by Toni Sing and Jenny Wun | Dec 30, 2021 | Columnists
A well-planned sales commission structure will attract top sales associates to your team and retain them. There’s a science to pinning down a figure that is a fair commission rate. While researching what your competitors are offering and setting up a business plan...