Author Archives: Taylor Anderson

Judges decline to ‘centralize’ commission lawsuits for now

By Taylor Anderson | April 12, 2024 - 5:34 pm |April 12, 2024 Uncategorized

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A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request. Continue reading →

BoomTown is dealing with a service outage. Now agents want answers

By Taylor Anderson | April 12, 2024 - 4:08 pm |April 12, 2024 Uncategorized

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Real estate professionals have been seeking answers since Wednesday, when many lost access to their personal websites, lead services and other tools provided by Boomtown, agents told Inman. Continue reading →

NAR President Kevin Sears sells brokerage to Anthony Lamacchia

By Taylor Anderson | April 11, 2024 - 9:14 pm |April 11, 2024 Uncategorized

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Lamacchia had been in talks with the Sears family for years as he continued his expansion path across New England. The deal was announced this week. Continue reading →

Real estate tycoon sentenced to death in Vietnam fraud case

By Taylor Anderson | April 11, 2024 - 6:51 pm |April 11, 2024 Uncategorized

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Truong My Lan was at the center of the sprawling fraud case and was accused of embezzling as much as $12.5 billion. A court sentenced her to death on Thursday during an anti-corruption crackdown in Vietnam. Continue reading →

President Kevin Sears pulls back curtain on changes ahead for NAR

By Taylor Anderson | April 10, 2024 - 9:01 pm |April 10, 2024 Uncategorized

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On the “Real Estate Insiders Unfiltered” podcast Tuesday, Sears said interim CEO Nykia Wright has agreed to extend her contract through the end of 2024 as NAR executives focus on the road ahead. Continue reading →

Hey, that’s who we are! NAR in new trademark dispute over ‘R’ logo

By Taylor Anderson | April 10, 2024 - 9:00 am |April 10, 2024 Uncategorized

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NAR told the US Patent and Trademark Office on Monday that an NYC-based investment firm that operates fintech marketplace Republic has stepped over the line with its logo. What do you think? Continue reading →

Real Brokerage agrees to pay $9.25M to settle commission suits

By Taylor Anderson | April 8, 2024 - 6:07 pm |April 8, 2024 Uncategorized

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The Real Brokerage agreed to change business operations as part of its proposed settlement agreement in Umpa v. NAR. Continue reading →

The NAR settlement would bring ‘significant benefits’ to buyers: CFA

By Taylor Anderson | April 5, 2024 - 9:20 pm |April 5, 2024 Uncategorized

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That includes benefits for first-time homebuyers, who might be better served by inexperienced agents. However, some benefits require changes from mortgage lenders, consumer watchdog says. Continue reading →

DOJ can reopen its investigation into NAR, appeals court rules

By Taylor Anderson | April 5, 2024 - 4:03 pm |April 5, 2024 Uncategorized

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In another loss for the National Association of Realtors, the court ruled the U.S. Department of Justice can reopen its investigation into rules around commission sharing. Continue reading →

Kentucky, W. Virginia move to ban exclusive, right-to-list agreements

By Taylor Anderson | April 3, 2024 - 8:30 pm |April 3, 2024 Uncategorized

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New laws enacted to prevent the use of Non-Title Recorded Agreements for Personal Services — or NTRAPs — are sweeping the nation as critics decry alleged deceptive and predatory practices. Continue reading →