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For the first time since 2017, the national average commission rate ticked up slightly from 4.94% in 2020 (based on 2020 data) to 5.06% in 2021 (based on 2021 data). RealTrends has been tracking this information since 1991.

Luxury brokerage The Agency is exclusively representing fractional homeownership company Sonhaus in all of its sales and distribution in North America.

RealTrends recently spoke with Stuart Sim, Head of Industry Development at Chime Technologies, about technology solutions that brokers should prioritize to set themselves apart from the competition.

After peaking at 17.3% in March, year over year home price appreciation has fallen to 15% in June, as the market has started to slow down.

Sellers are moving further from their original homes this summer, according to a recent Coldwell Banker Real Estate Move Meter report.

Engel & Völkers agent Nick Ralston is a second year football player for the Dallas Cowboys. He says that discipline and a clear game plan help him juggle two demanding careers.

A Missouri federal judge this week denied a motion by the NAR and several of the country’s biggest brokerages to compel arbitration in a class action lawsuit on behalf of hundreds of thousands of people who have sold their homes.

For the first time in two years, the median time a home spends on the market has increased. During the four-week period ending on July 17, typical homes sold spent 19 days in the market, up one day from a year prior.

The union brings together the 8th largest real estate organization by transaction sides with a fast-growing, regional powerhouse brokerage serving Metro DC, Maryland, Virginia and West Virginia.

Steven Koleno, an agent with EXIT Strategy Realty, runs a flat-fee model that allowed him to close 1,404 transaction sides in 2021.