What the new AI reasoning models mean for real estate

ChatGPT is great for simple tasks like writing property descriptions or marketing materials. The latest AI reasoning models are capable of taking on complex assignments that once would have required a human assistant. Continue reading

NAR wants Michigan 3-way lawsuit thrown out

The case began in August and challenges requirements that agents belong to local, state and national Realtor associations. NAR previously asked to have the case dismissed in November. Continue reading

Former Realtor president sues NAR over 3-way agreement

Agent Preston Moore decried his suspension following an ethics investigation he alleges was discriminatory and said he was “forced” to belong to NAR for MLS access. Continue reading

Supreme Court to decide whether to hear NAR case against DOJ

The justices will review NAR’s petition on Friday and post their decision on Monday. The Realtor trade group urged the highest court in the land to hear its case “to clarify that the government must keep its contractual promises just like other parties.” Continue reading

Robert Reffkin predicts the end of Clear Cooperation in 2025

The Compass CEO, long a critic of the polarizing NAR rule, believes that the real estate industry as a whole will finally come around to his view in the near future. Continue reading

Phoenix Realtors to NAR: ‘We will not withdraw MLS Choice’

Phoenix Realtors rejected the National Association of Realtors’ demand that the association withdraw its MLS Choice membership for non-Realtors. PAR said the MLS Choice is a “legally sound” choice for agents to access the MLS without becoming NAR membe… Continue reading

CMLS urges NAR to keep Clear Cooperation in new letter

CMLS CEO Denee Evans argued against the “removal or significant weakening of a policy so critical to the integrity of our housing market” in an open letter to NAR and its members Friday afternoon. Continue reading

What’s the buzz? North Carolina Regional MLS rebrands as Hive MLS

Along with a new name and logo, Hive MLS has set its sights on releasing new tools available to 18 MLS and Realtor Association members across North Carolina and Georgia, executives told Inman. Continue reading

Where real estate’s major players stand on Clear Cooperation Policy

Some real estate leaders say the focus on Clear Cooperation stems from the recent commission lawsuits. But other see a deeper question about brokerage profits at the heart of the issue. Continue reading

Clear Cooperation takes center stage, faces pressure to change

Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry’s most polarizing rules. Continue reading