Meet the brokerage getting ahead of the post-Sitzer commission rush
DeLeon Realty in Silicon Valley began advertising commissions of 3.5% or less for homesellers who choose to work with the firm. The marketing push appeared in the mail and social media this week
by Taylor Anderson Feb 15
NAR halts 'presidential initiatives' for next 2 years amid turmoil
The trade group will not take on pet projects for the duration of NAR President Kevin Sears' tenure, which is slated to last until November 2025, he told NAR's Board of Directors Wednesday morning
by Andrea V. Brambila Feb 15
NAR president: The DOJ is a 'bigger problem' than $1.8B Sitzer verdict
In remarks made in Boston that were later posted online, new NAR President Kevin Sears declared business will change for Realtors — whether they embrace it or have it 'forced down our throats'
Stop taking legal advice from NAR and your local association
Opinion
Associations are a valuable resource, but they're not the be-all and end-all of real estate, especially when it comes to legality and licensing, coach and author Darryl Davis writes
by Darryl Davis Feb 7
REX appeals latest court loss, aims to keep fighting Zillow
The company is appealing a recent ruling that rejected its request for a new trial. REX has been feuding with Zillow for years now
by Jim Dalrymple II Feb 5
Keller Williams settled. What does NAR do now? The Download
In the wake of the $70M settlement by Keller Williams, NAR and HomeServices of America appear to be the ones left holding the bag. What happens next?
by Christy Murdock Feb 3
Keller Williams settles Sitzer, Moehrl commission suits for $70M
Under the proposed deal, Keller Williams must inform franchisees that offers of compensation are not required. It also agreed to revise training materials and end rules requiring agents to join NAR
NAR CEO Nykia Wright appears — and disappears — in 'odd' new video
In a video that abruptly vanished from NAR's website Wednesday before resurfacing, Wright said the group does not set commissions — a practice it isn't currently being accused of — and welcomed competition from AREA
Recapping this year's ICNY and the people vs. tech dilemma
Opinion
ICNY 2024 was a comprehensive and robust gathering of real estate professionals, Bobbie Wasserman writes. It echoed the resilience and adaptability of the industry in a challenging time
by Bobbie Wasserman Feb 1
Illinois Realtors raises $1M war chest to fight Chicago tax hike
Chicago voters are set to decide whether to quadruple the tax buyers pay on residential and commercial properties in the city. Illinois Realtors plans to lead the fight
by Taylor Anderson Jan 31
Long-serving HAR CEO Bob Hale announces his retirement
Hale has been with HAR since the 1970s, racking up a long list of accomplishments and awards along the way. René Galvan will succeed him as president and CEO
by Jim Dalrymple II Jan 31
Pocket listing suit against NAR 'paused' for settlement talks
NAR was dismissed without paying any money or making any rule changes, but The PLS says it can reopen the case if they don't come to a deal
by Andrea V. Brambila Jan 30
Does Umansky have what it takes to save real estate? The Download
At Inman Connect New York, The Agency founder unveiled his plan for a rival organization to take on NAR. Is there any chance it'll work?
by Christy Murdock Jan 27
Attorney lays out how real estate can survive the commission suits
At Inman Connect, Ed Zorn proposed mandating buyer representation agreements, killing the MLS compensation field, adding a concession field, and creating a fund to pay out settlements
by Andrea V. Brambila Jan 26
Mega MLSs, but not NAR, settle pocket listing suit
CRMLS, Bright MLS and MRED told the US District Court of the Central District of California's Western Division they had reached a deal 'in principle' with ThePLS.com
by Andrea V. Brambila Jan 25
Local Logic's 'NeighborhoodIntel' platform rolls out for 85K agents
The platform will be rolled out to more than 85,000 agents in the coming weeks through an integration with BeachesMLS, MLSListings and REcolorado, it was announced on Monday
by Lillian Dickerson Jan 25