Trending News: November 6, 2024

October jobs report adds to a U.S. economy full of uncertainty, while agent commissions are holding steady (except above the $1M mark). We’ll also get into the Court’s approval to nine brokerage settlements in the Gibson suit.

Subscribe and listen on a major platform

Show Notes

October jobs report adds to a U.S. economy full of uncertainty: The U.S. Bureau of Labor Statistics (BLS) shows that 12,000 nonfarm payroll jobs were added in October, essentially unchanged month over month. The average monthly job gain for the past 12 months is 194,000. Read more

Court grants final approval to nine brokerage settlements in Gibson suit: Judge Stephen R. Bough’s ruling comes a year after the Gibson suit was filed by Michael Ketchmark — and on the first anniversary of the Sitzer/Burnett verdict. Read more

Real estate agent commissions are holding steady, except at this price point: That’s the conclusion of new data from Redfin, which shows that the average commission between August and October dropped by 1 basis point to 2.34%. The data is derived from sales of Redfin listings that have closed in October or are scheduled to by the end of the month. Read more

Music by: Gloria Tells from Epidemic Sound

SHARE POST

Leave a Reply

Discover more from Keller Williams Northwest Region

Subscribe now to keep reading and get access to the full archive.

Continue reading