RE/MAX becomes 3rd major firm to distance itself from NAR

In announcing the details of its settlement in the bombshell commission suits, the franchisor said that agents and brokerages would “have the freedom to set and/or negotiate commissions as they see fit.” Continue reading

Anywhere unveils the details of its bombshell commission settlement

Among the proposed changes, Anywhere said its company-owned brokerages, franchisees and affiliated agents will no longer be required to belong to the National Association of Realtors. Continue reading

Trump pricing ploys extreme but familiar, real estate investors say

Penalties tied to Trump’s unscrupulous real estate valuations could skyrocket to $250 million. His legal team dismissed it all as “business as usual.” Investors told Inman it’s more complicated than that. Continue reading

The office market might recover. It just has to crash first, investors say

Seventy-three percent of the more than 900 real estate investors who responded to a recent Bloomberg survey said commercial real estate prices would fall through at least late 2024. Continue reading

Homes are no longer affordable for the average American, report says

Home prices could be reaching a breaking point, new report says, as housing affordability drops to lowest level since 2007. The median price of homes and condos is a record $351,250. Continue reading

‘Cash Flow King’ took millions in Ponzi scheme, according to SEC

“Nearly everything about his scheme was a lie,’” the SEC says in new charges against the investor, who raised money to buy homes in northern Ohio. Continue reading

Record share of homebuyers flee into the path of climate change

Research shows that people are concerned about the changing climate’s impact on their hometowns, but they’re more concerned about a lack of housing affordability, according to a new report from Redfin. Continue reading

Investors coalesce around #Retwit as Re-convene returns to California

As Re-convene returns to Santa Monica this week, investors nationwide will be following along on Twitter, where an enthusiastic community of investors has leaned into social media in a big way. Continue reading

NAR loses ‘Great Place to Work’ distinction on heels of Chicago rally

A rally at NAR headquarters in Chicago drew few Realtors on Monday, but organizers at the NAR Accountability Project declared a win nonetheless after NAR lost its “Great Place to Work” merit. Continue reading