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

Gibson commission case sees 4 more settlements

NextHome, the Keyes Company, John L. Scott Real Estate and the K Company Realty have agreed to pay a combined total of nearly $5 million. Continue reading

Social issues, not industry chaos, will guide agents at the ballot box

Commission chaos has disrupted real estate’s status quo in unique ways in 2024, but social issues have been the reason for more political donations from agents, according to an analysis by Inman. Continue reading

NAR asks court to toss antitrust lawsuit from Michigan brokers

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

First-time homebuyers fell further behind this year, NAR says

The share of recently bought homes that went to first-time homebuyers fell to less than 1 in 4 between July 2023 and June 2024, according to a new report. Continue reading

Compass leans into private listings with new marketing push

The brokerage’s efforts to build a powerful exclusive catalog of listings unifies many of its recent efforts — including now the debut of a multiphase marketing strategy. Continue reading

Zillow: No-commingling rule should be repealed, not Clear Cooperation

Zillow Chief Industry Development Officer Errol Samuelson discussed NAR’s no-commingling rule and Clear Cooperation — and how the fight to save the latter is key to preserving consumer choice. Continue reading