Tag Archives: NAR

Why REX pays buyer agents and uses MLSs — sometimes

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REX’s general counsel Michael Toth says the discount brokerage pays buyer agents in at least 40 percent of its list-side transactions. Continue reading →

REX CEO calls on NAR to repeal ‘anti-consumer’ rules at conference

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In an open letter, Ryan alleges the National Association of Realtors’ rules prevent hundreds of thousands of Americans from attaining homeownership. He called on NAR to repeal the rules at its Realtors Conference and Expo in San Diego in November. Continue reading →

NAR to consider listing attribution, DOJ-inspired policies at next event

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Lockbox access for non-Realtors and public displays of buyer broker commissions may be added to the list of proposals to be voted on at Realtors Conference and Expo in November. Continue reading →

Redfin CEO, Zillow pour cold water on TikToker’s iBuyer theory

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A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory “fairly conspiratorial,” and iBuyers themselves said they still have a tiny share of the market. Continue reading →

NAR is fighting a losing battle against the feds

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Now is the time to unwind the messy set of industry practices at the crux of this fight and bring transparency, fairness and clarity to real estate transactions. Continue reading →

80% of real estate brokerages operate from one office: NAR

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The National Association of Realtors’ 2021 Profile of Real Estate Firms revealed how brokers are pivoting with enhanced consumer and agent benefits. Continue reading →

A Florida landlord is requiring vaccines for tenants. Is that legal?

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The landlord operates approximately 1,200 rental units but will require vaccines for anyone wanting to move in or renew a lease. Continue reading →

NAR vs. DOJ: A timeline of the battle as it stretches into 4th year

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An analysis of the association’s petition offers a step-by-step timeline of the events leading up to the DOJ’s launch of a new probe into NAR rules. Continue reading →

DOJ quietly resumed NAR probe days after settlement withdrawal

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In a 418-page petition filed Monday, NAR contends the antitrust regulator swiftly reopened its investigation into the Clear Cooperation Policy and buyer broker commissions in July. Continue reading →

Top Agent Network appeals dismissal of NAR antitrust suit

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Lower court suggested TAN was the wrong plaintiff to bring suit because its business model is itself allegedly anticompetitive, but TAN says the court’s order was “erroneous.” Continue reading →