NAR tackles racial wealth gap as midyear conference gets underway

Former Atlanta mayor Keisha Lance Bottoms and former Trump adviser Ja’Ron Smith shared how discrimination hurts the economy as NAR unveiled its goal to add 3 million Black homeowners by 2030. Continue reading

Watchdog calls for ban on sellers offering buyer agent commissions

In a new report alleging the majority of commissions are nearly identical in 35 U.S. cities, the Consumer Federation of America said offers to buyer agents should be legally prohibited. Continue reading

NAR heads into midyear gathering while under siege on multiple fronts

The National Association of Realtors, which boasts 1.5 million members, will tackle real estate’s hottest topics a week after suffering a series of legal setbacks in court. Here’s a breakdown of the agenda. Continue reading

‘Writing is on the wall’: Court tosses NAR counterclaim against REX

Judge finds the National Association of Realtors failed to allege facts to show how the discount brokerage specifically harmed the trade group’s reputation with its own members and consumers. Continue reading

Appeals court deals blow to NAR, allows pocket listing suit to continue

Three-judge panel concludes trade group must face allegations that the Clear Cooperation Policy was part of a group boycott to prevent The PLS from competing with MLSs, leaving agents with fewer choices, inflated prices and lower-quality products. Continue reading

‘Brain exploding!’: Agents, brokers torn over commission suit ruling

Agents and brokers told Inman they’re reeling over a federal court’s decision to grant class action status in a commission suit that could rock the real estate industry by changing how they’re paid. Continue reading

Federal commission suit now a class action; NAR, Realogy vow to appeal

A U.S. District Court judge granted class certification in one of two federal commission lawsuits that could rock the real estate industry and impact how agents are compensated nationwide. Continue reading

Bidding wars dip for first time in 2022 — but competition still fierce

Agents still face tough conditions despite homebuyer competition, according to a new report from Redfin. Competition is slightly less tough. Continue reading

Gary Keller singled out as ‘head of conspiracy’ as federal commission lawsuit accelerates

As oral arguments began Monday in the federal commission case, plaintiffs questioned the role of buyer agents, what a world without NAR’s commission policy would look like and why they believe Keller is leading an antitrust conspiracy. Continue reading

Inman Connect turns 25: The top 20 moments of real estate’s best bash

The event has come a long way since its beginnings in the woods of Sonoma County, California. Continue reading