NAR commission settlement rules will go into effect in August

The massive trade organization promised in March to make various policy changes as part of a landmark settlement. The rules will now roll out slightly later than expected. Continue reading

EXp sees revenue rise, but agent count dips again in Q1

The company earned $943 million in revenue between January and March of this year. However, by the end of the quarter, agent count was down to 85,780. Continue reading

NAR clarifies when a buyer contract will be required under settlement

In an email, the 1.5 million member trade group specified when agents would have to have signed written agreements with buyers, but stressed NAR would not dictate the agreements’ terms. Continue reading

Zillow to offer short-term ‘non-exclusive’ touring contracts

The new touring agreements will last seven days and are a response to terms contained in recent commission lawsuit settlements. Continue reading

The good, bad and ugly: Rating the media’s commission coverage

After the National Association of Realtors announced its proposed commission settlement in March, mainstream media covered the historic news with mixed results, an Inman analysis shows. Continue reading

Is NAR a net-positive? It depends if you ask an agent or a broker: Intel

These increasingly uncertain attitudes among agents in March were a departure from brokers, who were more likely to tell Intel that they still view the National Association of Realtors positively. Continue reading

Decades of NAR membership data has vanished amid enrollment dip

Each month, the trade group publicly reports the size of its ranks and other data on its official website. But as recently as this month, state-by-state and national data is nowhere to be found. Continue reading

Sign a buyer brokerage agreement to see a property? No way!

Buyers and sellers are confused about the new rules of the road. Trainer Bernice Ross and Jeff Lobb discuss how agents can change up the conversation and add clarity and confidence. Continue reading

Sitzer judge grants preliminary approval for NAR settlement

Judge Stephen R. Bough ruled that the sweeping changes NAR agreed to were “fair, reasonable and adequate” and set a final approval hearing for November. Continue reading