DOJ tells Supreme Court it has a right to investigate NAR policies

In its response to an NAR appeal, the DOJ acknowledged that, although it had closed an investigation into two NAR policies in 2020, it didn’t agree not to reopen it. Continue reading

Under-the-radar NAR nonprofit may have hidden GOP agenda

A new report from “The New York Times” examines the NAR-created American Property Owners Alliance, a nonprofit organization ostensibly dedicated to property rights, which has given heavily to Republican causes. Continue reading

Jason Oppenheim identified as mystery broker in kickback plot

In lawsuits filed this fall, Douglas Elliman accused escrow employees of concocting a commission-sharing scheme with the “star of a reality television show” but stopped short of naming Oppenheim. Continue reading

Compass to acquire @properties Christie’s International Real Estate

The deal is valued at around $444 million, with $150 million in cash and $294 million in equity. If finalized, it would merge the nation’s No. 1 brokerage by sales volume with the No. 8 largest brokerage. Continue reading

As NAR settlement wins approval, Batton II commission lawsuit grows

Twenty-two homebuyers across 19 states were added to the list of plaintiffs in the Batton case Tuesday while eXp continued to push for a delay in a separate commission case known as Gibson. Continue reading

Texas broker latest to file suit over NAR’s divisive 3-way agreement

Luz de Amor Eytalis took aim at rules that require “forced memberships” in local, state and national Realtor associations in order to access her local multiple listing service. Continue reading

Buyer-broker agreement may limit how brokers compete, DOJ warns

Ahead of a final Nov. 26 approval hearing on NAR’s proposed class-action settlement, DOJ lawyers narrowed in on a provision requiring written agreements between buyers and agents before tours. Continue reading

What’s the rent? A whole month’s pay, 1 in 5 renters tell Redfin

Redfin report finds 22 percent of U.S. renters say they pay their all of their monthly income to afford rent. They’re borrowing money, getting a second job and pulling from retirement to cover the cost. Continue reading

Award per homeseller in Sitzer is about $913 and getting smaller

Over 491,000 homesellers have filed claims for a portion of the $700 million raised by real estate settlements in Sitzer, with more to come before May 2025 deadline. Continue reading

Phoenix Realtors offer MLS Choice amid 3-way agreement pushback

The new membership option will give agents who aren’t members of local, state or national Realtor associations access to state-compliant forms as alternative to NAR’s “three-way agreement.” Continue reading