Watchdog group takes aim at California buyer rep agreements

New report shines light on buyer representation agreements as brokerages and Realtor organizations move to update forms and comply with legal settlements this summer. Continue reading

Meet the companies offering commission-sharing workarounds

NAR’s landmark settlement bars sellers’ agents from offering commissions to buyers’ agents in the MLS. A batch of new companies are stepping in to fill the void. Continue reading

Judge denies stay order after plaintiffs argue against NAR deal

Attorneys for the plaintiffs in a case now known as Moratis stress that NAR’s proposed settlement won’t stop “a key element of the antitrust conspiracy” and might take years to go into effect. Continue reading

Broker-owned MLSs have forked over millions under NAR opt-in deal

The vast majority of more than 600 multiple listing services nationwide have chosen to opt in to the National Association of Realtors’ commission settlement, according to a new Inman analysis. Continue reading

DOJ inquiry delays settlement-related document rollout at CAR

The California Association of Realtors postponed the release of 21 forms this week after receiving feedback from members — and an inquiry from the U.S. Department of Justice. Continue reading

Median home sale price in US rises to record high as transactions dip

The median sale price for an existing home in the U.S. has grown to a whopping $419,300 — the highest since NAR began tracking the metric — following 11-consecutive months of price gains. Continue reading

Anxiety over commission lawsuits looms over agent recruitment fight

Industry leaders see the lawsuits as one of the top recruiting challenges of 2024, according to Intel survey results. But the brokers who target and elevate middle-tier agents have an opportunity. Continue reading

Former NAR employee seeks $1M in new lawsuit alleging retaliation

Roshani Sheth, a former product manager for the Realtors Information Network, filed suit after an Equal Employment Opportunity Commission probe into her racial and sexual harassment claims. Continue reading

Your insights matter: Take the Inman Intel Index survey for June

The Inman Intel Index goes beyond sentiment and trends by tapping into the industry’s most engaged community. Add your voice to real estate’s most ambitious monthly survey today. Continue reading