The real estate industry is more politically split than you think

Amid a tumultuous year for the real estate industry, Realtors have donated millions to political causes — and Democrats have managed to collect more than Republicans from the industry’s rank and file. Continue reading

Broker files multimillion-dollar suit over ‘forced’ NAR membership

Maurice Muhammad alleges a “monopoly” by NAR, the state Realtor association and the local MLS limits competition, inflates prices, and disproportionately affects minority brokers and agents. Continue reading

NAR asks court to dismiss lawsuit filed by discount brokerage Homie

Lawyers for NAR, HomeServices of America, RE/MAX, Anywhere and HSF Affiliates denied claims of a conspiracy to inflate commissions, arguing that Homie would have benefitted from the plot. Continue reading

Clear Cooperation: When fiduciary duties clash with personal ethics

Former Phoenix Realtors President Butch Leiber writes that industry policy must be grounded in promoting and protecting the best interests of clients. Continue reading

Brokers envision existential threat to MLS in Clear Cooperation debate

In a webinar Tuesday, Keller Williams’ Jeff Hickey, NextHome’s James Dwiggins, Miami MLS’s Liz Sturrock and Seven Gables’ Mike Hickman clashed over the future of NAR’s pocket listing rule. Continue reading

Homie drops UtahRealEstate.com from conspiracy lawsuit

The flat-fee brokerage dismissed its antitrust case against the MLS but kept as defendants Keller Williams, the National Association of Realtors, Anywhere, HomeServices of America and RE/MAX. Continue reading

Repealing Clear Cooperation invites catastrophic legal battles

The repeal of Clear Cooperation, eXp Realty CEO Leo Pareja writes, could cause incalculable financial damage to the industry and erode the public’s trust in real estate professionals. Continue reading

Zillow’s Daimler: Clear Cooperation a win for agents and consumers

Zillow President Susan Daimler spoke to Inman about supporting Clear Cooperation and what an industry without the rule could look like for real estate agents, consumers and portals. Continue reading

Local Realtor association won’t enforce NAR Clear Cooperation

The Park City Board of Realtors informed the National Association of Realtors it would no longer require agents to comply with the pocket listing rule due to fear of litigation. Continue reading

NAR rival seeks agents for possible class action over Clear Cooperation

The American Real Estate Association is looking for those ‘fined or otherwise harmed’ by the National Association of Realtors’ pocket listing rule and are interested in “collective action.’ Continue reading