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
The Pending Home Sales Index dipped 7.1 percent to a measure of 71.8 between July and August, according to NAR. Continue reading
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
The feature is in beta mode and, upon formal rollout, will allow agents instant access to room dimensions and total square footage by room and floor, according to an announcement Tuesday. Continue reading
Sales of existing homes slid 0.7 percent between July and August to a seasonally adjusted annual rate of 4.04 million but held steady in the Northeast and rose in the Midwest. Continue reading
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
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
The deal resolves claims in both the Sitzer and Moehrl antitrust cases. The franchisor agreed to change its business practices, including “no longer forcing homesellers to pay buyer’s agents.” Continue reading
Judge Patti Saris, of the U.S. District Court in Massachusetts, preliminarily approved the deal after the settlement fund was restructured. Continue reading
So-called organized real estate appears to be anything but in NAR’s convoluted structure, writes Inman founder Brad Inman. No wonder so few successful Realtors are willing to get involved. Continue reading