Tag Archives: NAR

Real Brokerage agrees to pay $9.25M to settle commission suits

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The Real Brokerage agreed to change business operations as part of its proposed settlement agreement in Umpa v. NAR. Continue reading →

The NAR settlement would bring ‘significant benefits’ to buyers: CFA

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That includes benefits for first-time homebuyers, who might be better served by inexperienced agents. However, some benefits require changes from mortgage lenders, consumer watchdog says. Continue reading →

Leo Pareja tapped as eXp Realty’s new CEO, relieving Glenn Sanford

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Pareja, who joined eXp Realty in 2022, previously served as its chief strategy officer. Founder Glenn Sanford will remain with the firm as CEO of parent company eXp World Holdings. Continue reading →

It’s up to you to make lemonade out of a sour NAR settlement situation

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Consumers have been given a front-row seat to the chaos unfolding in our industry, Rachael Hite writes. As the situation unravels, who will make lemonade, and who will continue to feast on sour grapes? Continue reading →

How great agents win in the face of NAR settlement misinformation

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Consumer misconceptions following the NAR settlement are wild. Jimmy Burgess talks to Keeping Current Matters CEO David Childers on how to communicate with today’s buyers and sellers. Continue reading →

New commission lawsuit in New York may draw FTC attention

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The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied. Continue reading →

NAR’s settlement paints a murky commission picture for consumers

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CEO Sean Frank writes that an unintended consequence of MLS changes following on the heels of the NAR settlement is that the dynamics of real estate transactions become less transparent to the very individuals they are meant to serve: buyers and sellers. Continue reading →

Agents brace for impact: A future with more unrepresented buyers

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Some think the National Association of Realtors’ $418 million settlement will prompt more homebuyers to transact without agents. Inman asked industry professionals how they’ll handle that situation. Continue reading →

T3 Sixty nixes this year’s Mega 1000 list in wake of NAR settlement

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The move comes two weeks after the National Association of Realtors signaled a $418M settlement of commission lawsuits. T3 Sixty said it will bring the ranking back when litigation is resolved. Continue reading →