Tag Archives: NAR

Housing groups urge Federal Reserve to stop hiking rates

By | | Uncategorized
Comments Off on Housing groups urge Federal Reserve to stop hiking rates

MBA, NAR and NAHB say uncertainty over the Federal Reserve’s next moves is disrupting the housing sector and threatening to send the U.S. economy into a tailspin Continue reading →

RE/MAX becomes 3rd major firm to distance itself from NAR

By | | Uncategorized
Comments Off on RE/MAX becomes 3rd major firm to distance itself from NAR

In announcing the details of its settlement in the bombshell commission suits, the franchisor said that agents and brokerages would “have the freedom to set and/or negotiate commissions as they see fit.” Continue reading →

Redfin bids ‘arrivederci’ to NAR. Who’s next? The Download

By | | Uncategorized
Comments Off on Redfin bids ‘arrivederci’ to NAR. Who’s next? The Download

Redfin CEO Glenn Kelman encouraged agents and brokers to leave NAR along with the company. Will they, and who else will join them? Continue reading →

Anywhere unveils the details of its bombshell commission settlement

By | | Uncategorized
Comments Off on Anywhere unveils the details of its bombshell commission settlement

Among the proposed changes, Anywhere said its company-owned brokerages, franchisees and affiliated agents will no longer be required to belong to the National Association of Realtors. Continue reading →

In ‘sudden’ reversal, NAR says listing brokers can offer 0%

By | | Uncategorized
Comments Off on In ‘sudden’ reversal, NAR says listing brokers can offer 0%

An attorney for the Sitzer/Burnett homeseller plaintiffs calls the change a “stunning admission of guilt” on the eve of a class-action trial set to start Oct. 16. Continue reading →

Redfin leaving NAR says everything about why we need more choices

By | | Uncategorized
Comments Off on Redfin leaving NAR says everything about why we need more choices

“It’s been far too long since the established practices were set in place, and with the changing times, it’s not just real estate agents who need to pivot to remain successful,” writes broker Mayleene DeFreece. Redfin’s departure from NAR reminds us of… Continue reading →

Intel unpacks the startling price of entry into the US housing market

By | | Uncategorized
Comments Off on Intel unpacks the startling price of entry into the US housing market

Economists, homeowners and agents broke down the alarming but true cost of buying property in 2023, telling Intel that rising rates and home prices are only the start for wallet-stretched buyers. Continue reading →

DOJ’s ‘concerns’ may jeopardize an MLS commission settlement

By | | Uncategorized
Comments Off on DOJ’s ‘concerns’ may jeopardize an MLS commission settlement

The antitrust enforcer suggests the rule changes in the proposed deal don’t go far enough. Plaintiffs’ attorneys say the agency has failed to articulate its specific concerns. Continue reading →

Redfin leaves NAR — and calls on its brokers and agents to follow suit

By | | Uncategorized
Comments Off on Redfin leaves NAR — and calls on its brokers and agents to follow suit

In a message to employees on Monday, Redfin CEO Glenn Kelman cited NAR’s harassment scandal and other grievances as reasons for calling on 1,800 Realtors to cancel memberships. Continue reading →