Tag Archives: National Association of Realtors

5 big challenges for REX Real Estate in 2021

By | | Uncategorized
Comments Off on 5 big challenges for REX Real Estate in 2021

The well-connected discount brokerage is trying to raise more funding and grow its business as it takes on industry behemoths NAR and Zillow. Continue reading →

NAR-DOJ rule changes won’t come for months

By | | Uncategorized
Comments Off on NAR-DOJ rule changes won’t come for months

Rules regarding public display of buyer broker commissions and lockbox access for non-Realtors were originally slated to take effect by the end of March. Continue reading →

Compass, Sotheby’s roped into latest suit alleging ‘inflated’ commissions

By | | Uncategorized
Comments Off on Compass, Sotheby’s roped into latest suit alleging ‘inflated’ commissions

The new antitrust lawsuit, filed Friday in California, also names the National Association of Realtors, Realogy, Keller Williams, RE/MAX and several other companies as defendants. Continue reading →

Listen: REX releases recordings of agent steering

By | | Uncategorized
Comments Off on Listen: REX releases recordings of agent steering

One agent told the discount brokerage: “I won’t bother to show [the listing]. Who’s your local agent though because I’ll make sure to tell people not to work with them.” Continue reading →

NAR claps back on commission attacks

By | | Uncategorized
Comments Off on NAR claps back on commission attacks

The trade group’s president accuses commission detractors of duplicity “for a payout” under the guise of protecting consumers. Continue reading →

Agent/broker perspective: Should brokerages police industry violations?

By | | Uncategorized
Comments Off on Agent/broker perspective: Should brokerages police industry violations?

Each month Anthony Askowitz explores a hypothetical real estate situation from both sides of the broker/agent dynamic. This time: A rule-abiding agent is frustrated by her local association’s failure to penalize serious wrongdoers appropriately, especi… Continue reading →

Study commissioned by REX claims commissions are deeply inflated

By | | Uncategorized
Comments Off on Study commissioned by REX claims commissions are deeply inflated

Real estate commissions are inflated by as much as $50 billion per year due to the lack of price competition created by having listing brokers set co-op fees for buyer brokers, according to the report in the Berkeley Business Law Journal. Continue reading →

Marcia Fudge sworn in as HUD secretary with a fair housing focus

By | | Uncategorized
Comments Off on Marcia Fudge sworn in as HUD secretary with a fair housing focus

NAR looks forward to working with Fudge “to address racial disparities in real estate and our nation’s persistent housing affordability crisis.” Continue reading →