Seattle-based Coldwell Banker franchise ditches NAR

The company is the latest of several to step away from the National Association of Realtors, which has suffered both a scandal and legal defeats in recent months. Continue reading

Pending home sales fall to lowest level in more than 20 years

Pending sales fell 1.5 percent month over month in October to a reading of 71.4, the lowest score recorded since the Pending Home Sales Index began publishing in 2001. Continue reading

Pending home sales fall to lowest level in more than 20 years

Pending sales fell 1.5 percent month over month in October to a reading of 71.4, the lowest score recorded since the Pending Home Sales Index began publishing in 2001. Continue reading

NAR argues against setting trial date in Moehrl commission suit

The trade group’s attorney says NAR is “still analyzing” the consequences of the Sitzer | Burnett verdict. Judge Andrea R. Wood says Moehrl is a “different case” that will likely go to trial in Q4 2024. Continue reading

Georgia homesellers file yet another antitrust commission suit

The Georgia suit accuses NAR and major real estate companies of conspiring to keep commissions high. It’s also the latest in a string of new cases following the Sitzer | Burnett verdict. Continue reading

Anywhere, RE/MAX commission lawsuit settlements move forward

A judge has granted preliminary approval of the franchisers’ multi-million dollar settlements in Sitzer | Burnett, Moehrl and Nosalek. Final approval may happen next year. Continue reading

NAR installs President Tracy Kasper, other leaders for 2024

The National Association of Realtors installed its 2024 leadership after the board of directors meeting during its annual NAR NXT conference. Kasper started her term three months early, after the resignation of former president Kenny Parcell. Continue reading

NAR directors confront power shift as executive committee steps up

At a Friday board meeting, a member of NAR’s board of directors predicted “less authority” in 2024 as the embattled trade group’s growing Executive Committee shoulders more responsibility. Continue reading

Real estate CEOs: Big changes from bombshell suits ‘improbable’

The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don’t anticipate major disruptions. Continue reading

Sitzer | Burnett defendants bulk up lawyer bench to prep for appeal

The National Association of Realtors and Keller Williams have hired former U.S. solicitors general to help them beat back the multibillion-dollar verdict. Continue reading