‘Thank u, NXT:’ NAR steers clear of Clear Cooperation at its big event

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 midyear, ‘the media’ was cast as the villain — repeatedly

NAR’s legal team, president and chief economist defended the group’s cooperative compensation rule and used journalists as a scapegoat repeatedly during midyear panels earlier this month. Continue reading

What should I tell clients? Question leads to free-for-all at NAR midyear

May 6 remarks from Anthony Lamacchia spurred at least one NAR midyear attendee to leave the MLS Forum in protest, others to hurl steering accusations, and NAR’s senior counsel to intervene. Continue reading

NAR will argue for ‘complete reversal’ of Sitzer | Burnett verdict

The National Association of Realtors’ legal team on Monday blamed the ruling on the judge. The plaintiffs’ attorney, meanwhile, said NAR hadn’t “learned anything” from its “resounding defeat.” Continue reading

What if the commission is only $1? NAR’s legal team weighs in

At the Realtors Legislative Meetings, NAR attorney Charlie Lee stressed agents can’t count on a “standard” commission and will have to negotiate compensation with clients and listing brokers. Continue reading

NAR raises alarm on floor plan use, vacant lot scams, ‘unfair’ contracts

Charlie Lee, the National Association of Realtors’ senior counsel, spoke on legal issues impacting agents at the MLS Association Executives Session at the Realtors Legislative Meetings on Sunday. Continue reading

NAR launches website to enlist Realtors in ‘court of public opinion’

The National Association of Realtors’ legal team says members can help the trade group fight its antitrust war while the association fends off the DOJ, REX and various commission lawsuits. Continue reading

NAR buyer broker commission policy moves ahead after close vote

After vigorous debate at the trade group’s multiple listing service committee, the proposal heads to the National Association of Realtors’ board of directors on Monday. Continue reading

NAR: Don’t work without a written listing agreement

Some agents may be tempted to advertise a property without a written and signed listing agreement in place to avoid having to enter the listing into their local multiple listing service. The National Association of Realtors has some advice: Don’t do it. Continue reading

Controversial proposal to require addresses on MLS listings is back

NAR will also consider Redfin proposal to allow MLSs in non-disclosure states to exclude the display of sales prices from listing feeds, but not sold listings as a whole. Continue reading