At the National Association of Realtors’ annual conference, CEO Nykia Wright emphasized the need to rebuild its relationships with large brokerages and doubled down on NAR’s governance. Continue reading
A National Association of Realtors spokesperson told Inman that the trade organization is continuing to gather feedback on the pocket listing rule through “many channels.” Continue reading
At NAR NXT, panelists Marilyn Wilson, James Dwiggins and Clint Skutchan advised MLSs to make themselves essential without guaranteeing compensation. Continue reading
Judge Stephen R. Bough, who ruled on Sitzer | Burnett, said Gibson deals “provide a significant financial recovery to the Settlement Class in light of the strengths and weaknesses of the case.” Continue reading
Trade group says plaintiffs’ complaint over “compulsory” Realtor membership to access the MLS is “nothing more than a desire to have membership benefits without membership.” Continue reading
The proposed settlements seek to cover too many claims for too little money and let too many in the industry have a “free pass,” more than a dozen homesellers argued ahead of a Nov. 26 decision. Continue reading
Tanya Monestier says the settlement “reinforces the existing system of seller-paid inflated compensation while pretending to eliminate it” as attorneys walk away with $333 million in cash. Continue reading
In a recent webinar, Spencer Rascoff, James Dwiggins and Jack Miller discussed the future of commissions and why agents and brokers should pay attention to their legal risk. Continue reading
The Opportunity Report calls for NAR to regain the trust of its members by making political advocacy its central mission, sunsetting the three-way agreement and reforming its governance. Continue reading
Maurice Muhammad alleges a “monopoly” by NAR, the state Realtor association and the local MLS limits competition, inflates prices, and disproportionately affects minority brokers and agents. Continue reading