Tag Archives: NAR

Listen: REX releases recordings of agent steering

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One agent told the discount brokerage: “I won’t bother to show [the listing]. Who’s your local agent though because I’ll make sure to tell people not to work with them.” Continue reading →

NAR claps back on commission attacks

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The trade group’s president accuses commission detractors of duplicity “for a payout” under the guise of protecting consumers. Continue reading →

How the agent commission structure benefits everyday Americans

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For those who are attacking agents and the associated commission structure, let’s be clear about who and what they’re attacking. They’re attacking everyday Americans who are helping their fellow Americans achieve the ultimate dream — owning a home…. Continue reading →

The problem with antitrust litigation as a real estate business strategy

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In the real estate industry, antitrust lawsuits have become more prevalent in the past few years, but perhaps it’s time for litigious parties to take a step back and refocus their energies on sellers and buyers, instead of competitors. Continue reading →

Agent/broker perspective: Should brokerages police industry violations?

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Each month Anthony Askowitz explores a hypothetical real estate situation from both sides of the broker/agent dynamic. This time: A rule-abiding agent is frustrated by her local association’s failure to penalize serious wrongdoers appropriately, especi… Continue reading →

Study commissioned by REX claims commissions are deeply inflated

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Real estate commissions are inflated by as much as $50 billion per year due to the lack of price competition created by having listing brokers set co-op fees for buyer brokers, according to the report in the Berkeley Business Law Journal. Continue reading →

Marcia Fudge sworn in as HUD secretary with a fair housing focus

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NAR looks forward to working with Fudge “to address racial disparities in real estate and our nation’s persistent housing affordability crisis.” Continue reading →

NAR: ‘We haven’t seen a deluge’ of hate speech cases

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The trade group’s professional standards committee will vote on case interpretations in May to help evaluate complaints. Continue reading →