NAR selects 7 firms for its US real estate tech program, REACH

Flock, HighNote, Plus Platform, Prisidio, Real Grader, Summer and Tongo are the 11th class to participate in Second Century Ventures’ REACH program, according to an announcement Tuesday. Continue reading

LGBTQ+ Real Estate Alliance takes ‘Article 10 Rule’ campaign to Texas

In the wake of increasing anti-LGBTQ+ legislation in Texas, the LGBTQ+ Real Estate Alliance has called Texas Realtors and TREPAC to evaluate political candidates’ credibility. Continue reading

Joint venture owned by CRMLS, Bright begins selling MLS data 

REdistribute aims to aggregate and distribute data for MLSs and participating brokers, sell it to institutions — including government-sponsored entities — and share the revenue with brokers. Continue reading

Ouster of Residential Real Estate Council president raises questions

The Residential Real Estate Council removed Pam Ruggeroli from her position for reasons the trade group will not disclose, prompting an outpouring of support for the ousted president. Continue reading

Home staging dips in popularity as fewer agents make the effort: NAR

The National Association of Realtors’ 2023 Profile of Home Staging reveals a quarter of all staging efforts yield additional profits of up to $18,935 for a median-priced home. Continue reading

‘Stop arguing and start adjusting’: Agents react to class-action ruling

From “NAR is toast” to “don’t make any rash decisions,” real estate agents, executives and thought-leaders offered their thoughts on the explosive Moehrl class certification ruling Wednesday. Continue reading

Bombshell multibillion-dollar commission suit now a class action

A judge on Wednesday granted class certification in a federal commission suit that could rock the real estate industry and impact how agents are compensated nationwide. Continue reading

Will an inventory shortage stymie spring? Look to 1994 for clues

This spring won’t be easy for homebuyers and their agents, but history is full of examples in which the supply of homes went down, but sales kept chugging along, according to an Inman analysis. Continue reading

DOJ appeals NAR win in probe of commission, pocket listing rules

The antitrust enforcer wants a higher court to overturn a ruling that limits its investigation into the Realtor trade group’s Participation Rule and Clear Cooperation Policy. Continue reading

Boomers strike back: Older buyers unseat millennials as top cohort

Baby boomers have long enjoyed advantages over millennials in the home market. Now, they’re outnumbering them as well. Continue reading