Judge ‘baffled’ why Anywhere won’t give up NAR commission rule docs

Judge M. Page Kelley pushed back against the real estate holding company formerly known as Realogy, noting that NAR’s buyer broker commission rule is “virtually identical” to that of MLS PIN. Continue reading

LGBTQ+ Real Estate Alliance calls on RPAC to adopt ‘Article 10 Rule’

In the wake of Florida Realtors’ support of anti-LGBTQ Gov. Ron DeSantis, the LGBTQ+ Real Estate Alliance has called on NAR and RPAC to evaluate political candidates’ credibility using the group’s Article 10 anti-discrimination provision. Continue reading

Median sale price dips below $400K as existing-home transactions slip

The median sale price of an existing U.S. home declined to $389,500 in August, down from July when it sat at $403,800, according to data released Wednesday by the National Association of Realtors. Continue reading

Court orders REX to give Zillow list of employees who kept laptops

Zillow had emphasized that the information contained on the laptops of REX’s former employees could potentially point to other reasons for REX’s downfall unrelated to Zillow or NAR. Continue reading

Realtor associations gave nearly 21% more to charity in 2021

An NAR report highlights donations and volunteer hours to community nonprofits and Realtor associations. In 2021, Realtor associations donated a median of $12,070 to community nonprofits. Continue reading

Anywhere fights sellers’ bid to give up docs on NAR commission rule

A federal court will hold oral arguments later this month on whether the franchisor’s implementation of the policy nationwide is relevant to the homesellers’ case in the MLS PIN service area. Continue reading

These 12 startups will go head-to-head at NAR’s ‘Pitch Battle’

Contestants offer tools for virtual agent coaching, real estate investing, floor plans, inspections, property co-ownership, secure document storage, rentals, home renovation and agent finances. Continue reading

After 2 years of hikes, rental market may be bound for ‘complete reversal’

Yet another sign of a widespread housing slowdown emerged as monthly rent price acceleration declined after 20 consecutive months of rapid increases, new data suggests. Continue reading

Housing inflation isn’t slowing yet. And it may prove tough to tame

The slowing housing market has yet to significantly reduce costs for most Americans. But economists believe more rate hikes may be on the way. Continue reading

Real estate broker drops NAR listing attribution suit to avoid sanctions

Antitrust case filed by Arizona broker Grady Hillis is now dead. The National Association of Realtors insisted the lawsuit was “frivolous,” “meritless” and “recklessly thrown together.” Continue reading