DOJ intervention puts MLS commission settlement on ice

The homeseller plaintiffs agreed to a two-month extension of deadlines related to a proposed deal with MLS PIN after the federal agency asked for time to assess the deal’s “competitive impact.” Continue reading

DOJ’s ‘concerns’ may jeopardize an MLS commission settlement

The antitrust enforcer suggests the rule changes in the proposed deal don’t go far enough. Plaintiffs’ attorneys say the agency has failed to articulate its specific concerns. Continue reading

Redfin leaves NAR — and calls on its brokers and agents to follow suit

In a message to employees on Monday, Redfin CEO Glenn Kelman cited NAR’s harassment scandal and other grievances as reasons for calling on 1,800 Realtors to cancel memberships. Continue reading

Volunteer leaders, Parcell included, focus of leaked 2022 NAR memo

Coupled with findings of an internal investigation made public this month, the memo addressed to Donna Gland reveals NAR was aware of a “hostile, toxic work environment” as early as March 2022. Continue reading

Stop the bombshell lawsuit panic. Ask your broker about commission

You don’t have to figure out everything on your own when it comes to buyer commissions and the bombshell lawsuits, writes broker Teresa Boardman. It’s the job of the broker to help individual agents understand and negotiate the terms of their compensat… Continue reading

Local broker marketplaces: Insights from a Romanian Realtor

U.S. local broker marketplaces are the gold standard and will continue to push Romania in the right direction so we can create an equitable real estate market that protects consumers and small businesses across the country, writes Romanian Realtor Dan … Continue reading

No more ‘business as usual’. Here’s what NAR needs to change next

Pam O’Connor retired as CEO of Leading Real Estate Companies of the World and was named one of the top 25 thought leaders by the National Association of Realtors. In this op-ed, she shares her thoughts on the organization, its business model, and makes… Continue reading

Mutiny inside NAR as staffers call for resignations of top executives

Employees of the trade group demanded the departures of NAR CEO Bob Goldberg, President Tracy Kasper, Chief Legal Officer Katie Johnson and head of HR Donna Gland on Monday. Continue reading