NAR’s Kevin Sears: We need to ‘show everybody that we as Realtors are pro-consumer’

At the end of his historic two-year term as president of the National Association of Realtors, Kevin Sears reflects on his legacy, the DOJ, 50-year mortgages and more. Continue reading

Real estate still adapting to a new normal one year after new NAR rules

Here’s what’s changed, and what hasn’t, one year after the National Association of Realtors rolled out new rules as part of a sprawling antitrust commission settlement Continue reading

More than 2.5M people have made commission settlement claims

The company handling notifications has sent out more than 100 million emails notifying homesellers about the settlements — and is charging more than $32 million for its services. Continue reading

Real estate agent commissions are not falling off a cliff

A new Redfin report indicates that most consumers are still willing to pay for their real estate agents and that last year’s NAR rules have had minimal impacts on agent pay. Continue reading

Howard Hanna demands judge’s recusal over political donations

Undisclosed political donations to Judge Stephen Bough’s wife have been called a disqualifying conflict of interest in a commission case known as Gibson. Continue reading

Commission settlement against Side and others gets first approval

In addition to Side, the fast-moving case — known as Keel for its lead homeseller — names as defendants Washington Fine Properties, Seven Gables Real Estate, Brooklyn New York MLS and others. Continue reading

Stay tuned: The tumult of 2024 leaves real estate on a cliffhanger

What will happen with the commission litigation? Which companies may merge? How will consumers behave? The only thing that’s certain is that real estate’s next episode will be big. Continue reading

Landmark NAR commission settlement faces first appeal

A day after the settlement received final approval from Judge Stephen Bough, an entity known as Spring Way Center along with several homesellers appealed the deal. Continue reading

What’s your biggest takeaway 1 year after the Sitzer verdict? Pulse

Now that a year has passed, what’s your biggest lesson learned since the Sitzer | Burnett verdict? How has your business changed, and have those changes been positive overall? Continue reading

Brokerages and non-Realtor MLSs settle antitrust suits for $30M

Fifteen MLSs and 13 brokerages that chose to opt-in to NAR’s commission settlement will cough up an additional $30,587,754 in compensation to sellers, raising the settlement fund to nearly $450 million. Continue reading