Homie sues NAR and others, alleging boycott and conspiracy

The suit accuses NAR and major franchisors of breaking antitrust laws. The company’s complaint includes alleged text messages in which agents refused to show Homie listings. Continue reading

US housing market still ‘sluggish’ despite existing-home sales gains

Existing-home sales tallied a 1.3 percent uptick in July following four months of declines, according to NAR data released Thursday. However, market headwinds have kept sales sluggish compared to 2023. Continue reading

Consumer group behind Moehrl flags commission workarounds

Doug Miller of Consumer Advocates in American Real Estate, the initiator behind the first bombshell antitrust lawsuit, sounds alarm against Realtor talking points that “continue steering.” Continue reading

Consumer group behind Moehrl flags commission workarounds

Doug Miller of Consumer Advocates in American Real Estate, the initiator behind the first bombshell antitrust lawsuit, sounds alarm against Realtor talking points that “continue steering.” Continue reading

You’ve got mail: NAR settlement class notices head to consumers

Consumers will learn of the commission settlement via a website, emails and postcards. Claims from homesellers hoping to claim some of the settlement money are due by next May. Continue reading

When is a buyer contract required? At showings — but not open houses

The National Association of Realtors’ proposed settlement agreement requires brokers and agents to sign contracts with buyers they’re “working with.” But what exactly does that mean? Continue reading

‘Business as usual’: Hiccups but few calamities as NAR rules roll out

New National Association of Realtors rules kicked in Saturday. By Monday, agents said they were fielding questions from clients, among other hurdles, but not seeing widespread chaos. Continue reading

In historic first, Nykia Wright named first female CEO of NAR

Wright has served as NAR’s interim CEO since November after she replaced Bob Goldberg. She was instantly thrust into leading an organization in turmoil. Continue reading

Michael Ketchmark: Every move you make, we’ll be watching you

In a phone interview, lead plaintiffs’ counsel Michael Ketchmark weighed in on the consequences of violating the NAR settlement, Zillow’s business model, and the “monster case” that remains. Continue reading

Watch out for these 3 pitfalls to avoid pricey fines in your future

Steep fines can stack up and can swiftly put you in a sticky situation, but what’s worse is when it’s your competition turning you in. Trainer Rachael Hite tells you how to stay on the right side of the rules. Continue reading