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
Broker Teresa Boardman writes that the lack of transparency from NAR and its leadership has led to a disconnect between agents and consumers. Many perceptions and misconceptions are rampant, and it could spell disaster for the future of NAR. Continue reading
A July letter from Polsinelli, the outside counsel tapped to investigate misconduct at NAR’s behest, found evidence of “creepy” and “disrespectful” behavior that, until now, had not been made public. Continue reading
Amid massive leadership challenges, trainer and DEI expert Dr. Lee Davenport takes a deeper look at the “we” in NAR’s “That’s who we R” slogan and what it means to be a Realtor right now. Continue reading
National Association of Realtors President Tracy Kasper released the 5-minute video on Thursday outlining the organization’s plan to address sexual misconduct charges and rebuild broken trust. Continue reading
From unrealistic portrayals on reality TV to NAR’s unfolding scandal, the industry’s reputation will suffer until consumers are offered a better deal, writes NextHome broker-owner Edward Svec. Continue reading
Pocket listings are positively overflowing nearly four years after the National Association of Realtors enacted its controversial Clear Cooperation policy to end them, a new Intel analysis shows. Continue reading
Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to “change its practices.” Continue reading