Foreign buyers may soon swoop back into US housing market

International buyers were less involved in the U.S. housing market during the first year of the pandemic — but that may soon change. Continue reading

22 common ways agents violate the Realtor Code of Ethics

Broker and ethics hearing officer Barbara Betts details the ways agents misrepresent themselves and the transaction, sometimes inadvertently. Continue reading

The Real Word: Will Biden’s executive order really upend real estate?

In this edition of The Real Word, Byron Lazine and Nicole White discuss Biden’s executive order, why singles are moving and Opendoor’s new referral rewards program.
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Dueling NAR and REX op-eds hint that DOJ will target commissions

National Association of Realtors: “The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure.” Continue reading

Zillow, NAR formed ‘group boycott’ to enforce commission rule: REX

On Monday, REX alleged that the National Association of Realtors and Zillow use NAR’s segregation rule to hinder competitors who don’t comply with NAR’s commission rule. Continue reading

The Real Word: What the DOJ-NAR battle means for agents

In this edition of The Real Word, Byron Lazine and Nicole White discuss the DOJ withdrawing its settlement offer to NAR, the first state in the U.S. to ban homebuyer love letters, and a study that shows what the majority of real estate listings are lac… Continue reading

Updater acquires on-demand moving service Dolly

Moving and relocation app Updater has acquired Dolly, an on-demand local moving and delivery service, for an undisclosed price, the company announced this week. Continue reading

DOJ hints NAR’s pocket listing policy may be in its crosshairs

Agency letter offers first clue that the Clear Cooperation Policy may be part of a “broader investigation” into trade group’s rules. Continue reading

Zillow, NAR slam REX’s alleged use of antitrust as a business strategy

Real estate giants Zillow and the National Association of Realtors are attempting to get an antitrust lawsuit filed by REX Real Estate tossed, hitting back against the discount brokerage’s allegations that it is the target of an illegal boycott. … Continue reading

NAR ‘cut a deal’ with Trump DOJ to undermine commission suits: CFA

The National Association of Realtors countered that the Consumer Federation of America’s assertions are “wrong and misleading” and “commissions are very much negotiable.” Continue reading