More MLS & Associations News

D.C. a top metro for millennial homebuyers
by Kimberly Manning
You hear it time and time again: Millennials aren't buying homes. But it might just depend on the city that you cover. The National Association of Realtors recently released a list of the best cities for millennials to buy a home among the nation's 100 largest metro areas, and Washington D.C was at the top of the list ...
Remind me, why am I a Realtor?
by Mike Biundo Jr.
A recent revealing Inman article, "Where NAR spends its money: Employee compensation," showed that around a quarter of the near $200 million in dues from the 1.1 million Realtors goes to pay the salaries of just 300-plus National Association of Realtors' employees. This makes me question more and more, what am I even paying to be a part of ...
"I think that the public still has better access to information than I do as a Realtor," said Silicon Valley broker Jim Hamilton. Hamilton, who is also a past president of the California Association of Realtors, was one of several real estate leaders who spoke in a video promoting a statewide MLS for the Golden State released last week ...
Curious about the priciest pads in Baltimore? MRIS recently released its list of the most expensive homes currently listed on the MLS in the metro region. Some homes are new to the MLS and others have been listed more than a year. With homes ranging from $5 million to $12.5 million in the city and sprawling suburbs, these are the most high-end luxury homes listed in Baltimore right now ...
A few tech updates in the real estate world this week highlight the burgeoning field of digital transaction products. Plabro, an Indian app with 10,000 users, streamlines broker-to-broker communication about listings and buyer needs -- and these services will soon be available on U.S. soil. In addition, real estate forms software program zipLogix and electronic signature services provider SIGNiX recently announced a three-year extension of their relationship ...
Ending MLS data share could cost agents millions
by Andrea V. Brambila
I just read Teresa Boardman's post on women in leadership in the real estate industry, and I have to admit, it struck a nerve. You see, I'm probably one of those who thinks the whole "gender equality" thing is overblown, because I tend to reject identity politics as basis for leadership ...
A new real estate firm, Dream Homes International (DHI), has opened the doors to its new offices in South Florida. The firm brings with it the expertise of more than 100 agents who have combined sales of more than $1 billion. ...
This past week, readers reacted with outrage to the article about how National Association of Realtors top employees and board members are compensated. Several people suggested that NAR’s top brass gets paid too much ...
The largest Realtor organization in Illinois was recently named one of the best places in the state to work. Mainstreet Organization of Realtors (MORe) ranked no. 6 in the small employer category for its work enviornment, employee engagement and benefits at an awards ceremony at Oak Brook Hills Resort and Conference center. The 2016 Best Places to Work in Illinois ranking was a survey and study conduted by the Daily Herald Business Ledger ...
10 disciplines to amass long-term wealth
by Dani Vanderboegh
The Hispanic Wealth Project is the brainchild of the The National Association of Hispanic Real Estate Professionals (NAHREP) foundation, with the goal of tripling Latino household wealth within the next decade. These 10 practices were created to help ...
Archrivals Zillow and operator Move Inc. have reached a settlement for $130 million after more than two years of bitter legal combat. Before the settlement, the case was scheduled to go to jury trial today. The deal resolves all claims in litigation that began with Move and its co-plaintiff, the National Association of Realtors, filing a lawsuit against Zillow and Zillow executive Errol Samuelson in March 2014 for misappropriation of trade secrets, among other claims ...
I’ve been really, really busy with a project I’m getting ready to announce/roll out (speaking of which, if you’re an association executive or association leadership, I’d like to chat with you) but I couldn’t help but chime in on a minor storm in a teapot that Inman brewed up recently. I speak of the article called “Where NAR Spends Its Money: Employee Compensation” in which Inman dug through the Form 990 that the National Association of Realtors (NAR) has to file as a non-profit organization ...
How much did NAR get for last year?
by Andrea V. Brambila
Think real estate agent and broker dues help keep the lights on at Think again. News Corp. subsidiary Move Inc. has paid the National Association of Realtors $9 million for the right to operate in the last five years -- nearly $2 million every year ...
The National Association of Realtors (NAR) is known as one of the most powerful trade groups in the country. It makes almost $200 million in revenue every year, most of that from member dues -- and its largest expenditure, by far, is employee compensation and salaries ...
As a trial between archrivals Move Inc. and Zillow approaches its June 6 start date, a Washington state judge has narrowed its scope, but a more than $1 billion damages claim against Zillow remains ...
Once information is out of the bottle, it is like a genie; it is not going back in. The proliferation of content marks the first wave of innovation in the sector. Now, we are seeing the emergence of models taking this a step further by leveraging technology and improved information flow to facilitate transactions in different ways. Let me briefly walk you through the evolution as I see it and what I see coming next ...
Why interest rates are going to rise
by Steve Cook
Why are leading housing economists such as Sean Becketti of Freddie Mac, Mike Fratantoni of the Mortgage Bankers Association and National Association of Realtors' Lawrence Yun still worried about rates on the long term? Although Becketti has lowered estimates to 3.9 percent by the end of this year, he still expects rates on a 30-year fixed to hit 4.5 percent in ...
The nation's biggest MLS gets even bigger
by Andrea V. Brambila
California Regional Multiple Listing Service -- the nation's largest MLS -- took another step toward becoming statewide this week. CRMLS, which has more than 80,000 agent and broker subscribers, has added two local Realtor associations to its membership roster, bringing the total to 36 across the state ...
NAR bans Zillow Group from its 2016 events
by Andrea V. Brambila
MLS CEO Cameron Paine stood up at the National Association of Realtors' (NAR's) midyear conference last week and asked a question that, for a moment, stunned a room of hundreds into silence: Why is operator Move Inc. -- a third-party company owned by News Corp., not NAR -- pitching its products to NAR members, while Zillow and are not ...

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