Demise of discount brokerage REX may be imminent, reports indicate

REX General Counsel Michael Toth did not directly confirm REX was closing, but blamed NAR and Zillow for the death of its business model and said its suit against both would continue. Continue reading

Ukrainian Realtors appeal to NAR: ‘I beg you not to forget my country’

Trade group raises more than $20K in three hours for Ukraine relief, on top of $50K in donations from Second Century Ventures and Louisiana Realtors. Continue reading

‘Much needed’ or ‘Ridiculous’? Realtors sound off on NAR fee hike

Paying $10 more for the trade group’s consumer ad campaign has agents and brokers reevaluating what they’re getting for their NAR membership. Continue reading

NAR votes to raise annual membership fee by $10

The trade group’s special assessment for its “That’s Who We R” campaign will rise to $45 annually in 2023, in addition to NAR’s membership dues, which the board voted Friday to keep at $150. Continue reading

NAR assembles group to explore crypto’s impact on real estate

A presidential advisory group of Realtors and staff will probe the impact of digital money in the real estate industry, with a potential eye toward completely digitizing the transaction process. Continue reading

NAR listing broker attribution policy deadline delayed at midyear

MLSs will have six more months to implement the policy as well as a single data feed policy, NAR’s director of engagement told the Multiple Listing Issues and Policies Committee Wednesday. Continue reading

Judge halts commission-sharing case alleging inflated buyer costs

Unlike two federal cases that claim seller costs are inflated by commission sharing, New Jersey homebuyer’s lawsuit argued that buyers are the ones unfairly impacted. Continue reading

Secondary markets drove home price growth in Q1: NAR

The National Association of Realtors’ latest quarterly report revealed buyers’ search for cheaper housing led booming home price growth in Florida and other smaller markets. Continue reading

‘Caste’ author: Sordid history of unfair housing cannot be left as-is

Isabel Wilkerson urged attendees at the Realtors Legislative Meetings at NAR midyear to roll up sleeves and fix the consequences of past racist policies without guilt, shame, blame or emotion. Continue reading

NAR debuts implicit bias training at midyear conference

Bias Override is a three-hour course that identifies ways to prevent unconscious bias from influencing behavior. NAR doesn’t require any fair housing training, but that may change this week. Continue reading