Katie Kossev: ‘Mass confusion’ common in the wake of NAR’s rules

The managing broker of Texas at Side said that luxury buyers in particular seem to understand the value of compensating their real estate agents. Continue reading

Existing-home sales continue to slide as buyers bide their time: NAR

Existing-home sales fell 4.2 percent year over year to a seasonally adjusted rate of 3.86 million in August as buyers awaited the Fed’s decision to cut rates, according to National Association of Realtors data Continue reading

Attorneys request $226M from NAR and HomeServices deals

Law professor estimates the plaintiffs’ law firms are asking for only 3 percent of the total value of the deals when ‘historic’ business practice changes are taken into account. Continue reading

Umansky threatens to sue NAR as pocket listing pressure mounts

The Agency CEO and founder said he plans to revive a lawsuit against NAR over a pocket listing network. The threat came days after NAR officials convened to reevaluate Clear Cooperation. Continue reading

How can I really be sure sellers will pay the buyer’s agent (me)?

The new commission rules are confusing. Compliance expert Summer Goralik unpacks whether it’s possible to confirm if a seller is willing to compensate buyer’s agents. Continue reading

Frustrated? Here’s why leaving NAR won’t solve the problem

Despite its problems, brokerage CEO Sean Frank writes, NAR membership is still the logical option for real estate professionals. Continue reading

Just letting off steam? Agents lash out at NAR in post-deadline survey

In the wake of the Aug. 17 deadline, a rising share of agents told the Inman Intel Index that they were frustrated with industry trade groups and have considered leaving the industry. But will this all blow over? Continue reading

Dwiggins-led franchisor NextHome settles commission suits

NextHome has more than 600 offices across the U.S. but is perhaps best-known for CEO James Dwiggins, who has been a prominent commentator on antitrust litigation. Continue reading

Clear Cooperation takes center stage, faces pressure to change

Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry’s most polarizing rules. Continue reading

How are these new commission rules improving transparency?

The new commission rules are confusing. Compliance expert Summer Goralik unpacks whether listing agents can mention buyer’s agent compensation in the private remarks on the MLS. Continue reading