Tag Archives: National Association of Realtors

In ‘sudden’ reversal, NAR says listing brokers can offer 0%

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An attorney for the Sitzer/Burnett homeseller plaintiffs calls the change a “stunning admission of guilt” on the eve of a class-action trial set to start Oct. 16. Continue reading →

Redfin leaving NAR says everything about why we need more choices

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“It’s been far too long since the established practices were set in place, and with the changing times, it’s not just real estate agents who need to pivot to remain successful,” writes broker Mayleene DeFreece. Redfin’s departure from NAR reminds us of… Continue reading →

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

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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

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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

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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 →

Matterport calculates square feet, labels rooms with latest AI update

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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 →

Existing-home sales fall off 0.7% led by Southern, Western markets

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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 →

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

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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

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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 →