Tag Archives: NAR

New MLS company will sell data, pay brokers for their listings

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REdistribute, formed by California Regional MLS and Bright MLS, is a joint venture that plans to deliver aggregated MLS data to financial institutions starting in 2023. Continue reading →

Everything you need to know about the bombshell commission lawsuits

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A slew of lawsuits may radically change how agents get paid and real estate generally. Here’s Inman’s deep dive into what’s going on and what it all means. Continue reading →

More than 700 agent steering calls suggest price-fixing, lawyers charge

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In new court filings in the Moehrl case, lawyers singled out hundreds of phone calls — far more than previously reported — in which agents steered business away from discount brokerage REX. Continue reading →

4 commission charts that explain both sides of the Moehrl conflict

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The homeseller plaintiffs hope to show the need for change in how agents are paid, while NAR and major real estate franchisors aim to show the status quo is working just fine. Continue reading →

It’s baaack! Homebuyer commission suit against NAR rises from ashes

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On Wednesday, eight homebuyers filed an amended complaint, once thought to be dead, against NAR, Realogy, Keller Williams and others alleging NAR rules have inflated agent commissions. Continue reading →

What happens to buyers’ agents if the bombshell lawsuit explodes?

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Multiple lawsuits are challenging the way agents get paid. Inman asked experts what that means, and how the future of real estate might evolve as a result of changes to the commission structure. Continue reading →

‘Longstanding conspiracy’: Why the bombshell commission suit matters

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Millions of homesellers across the country may be able to seek billions in damages for commissions they paid to buyer agents between 2015 and 2020. Here’s why it matters. Continue reading →

‘Radical’ and ‘doomed’: The case against the ‘bombshell’ Moehrl suit

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The real estate establishment’s latest salvo against the so-called “bombshell” buyers’ agent case is a sprawling, 3,000-word argument against granting class-action status in the Moehrl federal lawsuit. Continue reading →

LGBTQ+ Real Estate Alliance blasts NAR for supporting Anti-LGBTQ candidates

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In the wake of the worst two years of anti-LGBTQ legislation, the LGBTQ+ Real Estate Alliance calls on the National Association of Realtors and its lobbying arm, the Realtor Political Action Committee to stop funding local, state or nationally-elected … Continue reading →

Pending home sales climb in May following 6 months of declines

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But the modest .7 percent increase shouldn’t discount clear evidence of a transition spurred by high prices and mortgage rates, according to new data from the National Association of Realtors. Continue reading →