Impact of NAR’s commission rule change illuminated in Q3 earnings

In the wake of the National Association of Realtors’ 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows. Continue reading

What The Opportunity Report says about organized real estate

Carl Medford analyzes the new Opportunity Report to see what it means for organized real estate, state regulatory agencies and key stakeholders in the second part of his series. Continue reading

NAR CEO signals support for ‘3-way agreement’ amid Realtor pushback

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

2025 leadership team takes over at California Association of Realtors

The California Association of Realtors has installed its 2025 team, including a new president, president-elect and treasurer. The leaders will work alongside CAR CEO Phil Hawkins for the next year. Continue reading

Decline in NAR membership, long expected, hasn’t materialized yet

With 1,526,631 members as of Oct. 31, the National Association of Realtors is on track to end 2024 with its fourth-highest membership numbers on record. Next year, however, is a different story. Continue reading

Compass CEO Robert Reffkin: Zillow will be the national MLS

Reffkin continued his campaign against the Clear Cooperation Policy at the National Association of Realtor’s annual NAR NXT conference during a “Future of the MLS” session Friday. Continue reading

‘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

After NAR deal, MLSs will have to reinvent themselves — or else

At NAR NXT, panelists Marilyn Wilson, James Dwiggins and Clint Skutchan advised MLSs to make themselves essential without guaranteeing compensation. Continue reading

US home prices rose in 90% of metro areas in Q3, NAR says

Home affordability improved as mortgage rates dipped, bringing the monthly mortgage payment on a typical single-family home with a 20 percent down payment to $2,137 — a 5.5 percent decrease from Q2, though still up 2.4 percent year over year. Continue reading

What’s your biggest takeaway 1 year after the Sitzer verdict? Pulse

Now that a year has passed, what’s your biggest lesson learned since the Sitzer | Burnett verdict? How has your business changed, and have those changes been positive overall? Continue reading