What if the commission is only $1? NAR’s legal team weighs in

At the Realtors Legislative Meetings, NAR attorney Charlie Lee stressed agents can’t count on a “standard” commission and will have to negotiate compensation with clients and listing brokers. Continue reading

Danger ahead: MLSs consider agent alerts for perilous properties

At the National Association of Realtors’ midyear conference, a committee on Realtor safety suggested adding MLS data fields to point out hazards such as inconsistent cell service and limited visibility from the road. Continue reading

Why the new fair housing training requirement is good for business

According to Julia Lashay Israel, Keller Williams’ head of inclusion and belonging, by fostering an inclusive and equitable housing market, real estate businesses can attract a diverse clientele, enhance their reputation and contribute to a more prospe… Continue reading

NAR votes to require fair housing training for all 1.5M Realtors

Members will be required to complete two hours of fair housing training every three years beginning in 2025 following a vote Thursday by the National Association of Realtors’ board of directors. Continue reading

Real estate stocks are suddenly and finally on fire

Redfin, Opendoor and Compass have all seen their share prices rally in recent days — suggesting that after years of the cold shoulder investors are warming to the sector. Continue reading

NAR votes to raise membership dues in alignment with inflation

The National Association of Realtors voted Thursday to tie annual membership dues to the Consumer Price Index. Its board separately voted to increase annual dues by 4 percent to $156 next year. Continue reading

The seller’s market is roaring back as buyers vie for limited inventory

A “drought” of new listings is driving up prices, reversing the sluggishness of late 2022 and forcing buyers to compete fiercely for homes, according to a new analysis from Zillow. Continue reading

‘AI terrifies me’: Tips for Realtors on how to avoid the new tech’s pitfalls

At NAR’s midyear conference, Senior Counsel Chloe Hecht offered best practices to help navigate artificial intelligence without running afoul of copyright law or the Realtor Code of Ethics. Continue reading

NAR chief economist: ‘The Fed made a mistake’

At the Realtors Legislative Meetings’ Residential Economic Issues and Trends Forum, Lawrence Yun predicted total home sales would bottom out this year before ticking up in 2024. Continue reading