Tag Archives: NAR

Widow sues Compass for alleged abuse in pocket listing sale

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The lawsuit alleges Compass agent Cory Cooper pressured an elderly homeowner to sell her property off the multiple listing service to a real estate investor he knew. Continue reading →

Level up! Grow your skills this fall with designations and certifications

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If you are looking to niche down your business and learn to be an expert, there is a designation or certification out there to help support your education. Rachael Hite breaks down your options so that you can fast-forward your professional development. Continue reading →

Judge orders Zillow to give REX FSBO listing data

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Federal court in Seattle grants the discount brokerage’s motion to compel on the grounds that the data could show whether Zillow and NAR caused harm to REX or to competition in general. Continue reading →

Existing-home sales drop for 8th straight month in September

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Existing-home sales sagged 1.5 percent to a seasonally adjusted annual rate of 4.71 million, 23.8 percent lower than in Sept. 2021, according to data released Thursday by the National Association of Realtors. Continue reading →

NYC real estate commissions are all over the map: Consumer watchdog

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In a report on Wednesday, the Consumer Federation of America found the median commissions listing agents offered to buyer agents ranged from 1 percent in parts of Brooklyn to 3 percent in Manhattan. Continue reading →

Rent-to-own startup Landis raises $40M from Google, Jay-Z and NAR

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The new Series B funding will go toward boosting the company’s homeownership coaching program, growing its team and expanding to new markets. Continue reading →

Industry groups renew push for lower FHA mortgage premiums

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The Black Homeownership Collaborative also asks HUD to ditch a “life of loan” requirement that forces homeowners to continue paying mortgage insurance premiums in perpetuity. Continue reading →

Minneapolis Realtors apologize for racial discrimination in real estate

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“Minneapolis Area Realtors apologizes to all members of the community who have been burdened, denied service, or ignored by our actions.” The trade group also releases policy changes designed to close the racial homeownership gap. Continue reading →

Seeking clout, MLS trade group taps ex-DOJ and FTC antitrust lawyers

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The Council of Multiple Listing Services has hired Alicia Batts and Dylan Carson to help the trade group exert influence over MLS-related decisions at the antitrust enforcement agencies. Continue reading →

Court thwarts NAR, orders execs to turn over evidence in REX case

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The brokerage argued that Bob Goldberg and Katie Johnson, among others, were responsible for NAR policies “limiting both how homes are listed online and the negotiation of commissions.” Continue reading →