The government’s estimate of the cost of owning a primary residence rose 0.8 percent in September and was up 6.7 percent compared to a year ago, which is the largest 12-month increase in the category’s history. Continue reading
“Minneapolis Area Realtors apologizes to all members of the community who have been burdened, denied service, or ignored by our actions.” The trade group also releases policy changes designed to close the racial homeownership gap. Continue reading
The Council of Multiple Listing Services has hired Alicia Batts and Dylan Carson to help the trade group exert influence over MLS-related decisions at the antitrust enforcement agencies. Continue reading
The brokerage argued that Bob Goldberg and Katie Johnson, among others, were responsible for NAR policies “limiting both how homes are listed online and the negotiation of commissions.” Continue reading
Judge M. Page Kelley noted the real estate holding company formerly known as Realogy allegedly perpetuated NAR and MLS PIN’s “substantively identical” buyer broker commission rules. Continue reading
Chris Osborn, Mitch Skinner and Claude Szyfer offered an update on multiple industry antitrust lawsuits at the Council of Multiple Listing Services’ annual conference. Continue reading
Revive takes home the $15,000 cash prize from a contest hosted by NAR’s for-profit investment subsidiary Second Century Ventures. It was one of 12 startups to compete in the contest. Continue reading
At the Council of Multiple Listing Services’ annual conference, CEOs discussed being ready for the possible death of the commission structure and why MLSs should be run as businesses. Continue reading
An appeals court allowed The PLS’s case against the Clear Cooperation Policy to proceed in April, but NAR hopes a review from the nation’s highest court will change that. Continue reading
Court sets new trial date for June 5, 2023, as the legal battle over the National Association of Realtors’ no-commingling rule continues. Continue reading