Texas homesellers file new commission suit as cases pile up

The new suit is the second in Texas since the Sitzer | Burnett verdict, and is one of a growing number of antitrust cases challenging the way agents get paid. Continue reading

California homeseller who paid $50K in commissions files lawsuit

Christina Grace, a California resident who sold her home in Marin County, filed suit Friday against NAR, Compass and Keller Williams, among others, claiming she was stuck with hefty commissions. Continue reading

NAR opens application window for REACH tech accelerator

The National Association of Realtors’ for-profit venture capital arm, Second Century Ventures, runs the program. Applications are due by Jan. 31. Continue reading

NAR enrollment fell in 2023. Here’s where membership rose — and why

NAR membership declined by 1.4 percent in the 12-month period that ended in October, with state-level enrollment hewing closely to local housing metrics, according to a state-by-state analysis by Intel. Continue reading

Appeals court weighs DOJ push to reopen NAR commission rule probe

A three-judge panel for the Washington, D.C., circuit seemed inclined to let the agency resume its probe into the National Association of Realtors’ cooperative compensation and pocket listing rules. Continue reading

Abandoning NAR won’t help us reclaim our legacy and lead change

Agents industrywide are tempted to give NAR the cold shoulder, but coach Darryl Davis says that is not the solution to fix the major problems at hand. Continue reading

Seattle-based Coldwell Banker franchise ditches NAR

The company is the latest of several to step away from the National Association of Realtors, which has suffered both a scandal and legal defeats in recent months. Continue reading

Pending home sales fall to lowest level in more than 20 years

Pending sales fell 1.5 percent month over month in October to a reading of 71.4, the lowest score recorded since the Pending Home Sales Index began publishing in 2001. Continue reading

Pending home sales fall to lowest level in more than 20 years

Pending sales fell 1.5 percent month over month in October to a reading of 71.4, the lowest score recorded since the Pending Home Sales Index began publishing in 2001. Continue reading

NAR argues against setting trial date in Moehrl commission suit

The trade group’s attorney says NAR is “still analyzing” the consequences of the Sitzer | Burnett verdict. Judge Andrea R. Wood says Moehrl is a “different case” that will likely go to trial in Q4 2024. Continue reading