Federal courts hand HomeServices a win (and a loss) in Sitzer | Burnett
The US Supreme Court denied the real estate franchisor's request for consideration on Monday, but the plaintiffs won't be able to lay $4.7B in damages at HomeServices' feet — at least not yet
by Andrea V. Brambila Apr 15
Will lawsuits end 6% commissions? Probably not, 1 law professor says
A provision in NAR's settlement barring listing agents from offering buyer agents compensation is 'largely symbolic,' USC professor Jordan Barry said Friday at a University of Minnesota conference
by Jim Dalrymple II Apr 15
Judges decline to 'centralize' commission lawsuits for now
A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request
by Taylor Anderson Apr 12
NAR President Kevin Sears sells brokerage to Anthony Lamacchia
Lamacchia had been in talks with the Sears family for years as he continued his expansion path across New England. The deal was announced this week
by Taylor Anderson Apr 11
President Kevin Sears pulls back curtain on changes ahead for NAR
On the 'Real Estate Insiders Unfiltered' podcast Tuesday, Sears said interim CEO Nykia Wright has agreed to extend her contract through the end of 2024 as NAR executives focus on the road ahead
by Taylor Anderson Apr 10
Hey, that's who we are! NAR in new trademark dispute over 'R' logo
NAR told the US Patent and Trademark Office on Monday that an NYC-based investment firm that operates fintech marketplace Republic has stepped over the line with its logo. What do you think?
by Taylor Anderson Apr 10
Real Brokerage agrees to pay $9.25M to settle commission suits
The Real Brokerage agreed to change business operations as part of its proposed settlement agreement in Umpa v. NAR
by Taylor Anderson Apr 8
The NAR settlement would bring ‘significant benefits’ to buyers: CFA
That includes benefits for first-time homebuyers, who might be better served by inexperienced agents. But some benefits require changes from mortgage lenders, consumer watchdog says
by Taylor Anderson Apr 5
DOJ can reopen its investigation into NAR, appeals court rules
In another loss for the National Association of Realtors, the court ruled the US Department of Justice can reopen its investigation into rules around commission sharing
by Taylor Anderson Apr 5
Leo Pareja tapped as eXp Realty's new CEO, relieving Glenn Sanford
Pareja, who joined eXp Realty in 2022, previously served as its chief strategy officer. Founder Glenn Sanford will remain with the firm as CEO of parent company eXp World Holdings
by Jim Dalrymple II Apr 5
It's up to you to make lemonade out of a sour NAR settlement situation
Consumers have been given a front-row seat to the chaos unfolding in our industry, Rachael Hite writes. As the situation unravels, who will make lemonade and who will feast on sour grapes?
by Rachael Hite Apr 5
How great agents win in the face of NAR settlement misinformation
Consumer misconceptions post-NAR settlement are wild. Jimmy Burgess talks to Keeping Current Matters CEO David Childers on how to communicate with today's buyers and sellers
by Jimmy Burgess Apr 4
New commission lawsuit in New York may draw FTC attention
The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied
NAR's settlement paints a murky commission picture for consumers
CEO Sean Frank writes that an unintended consequence of new MLS changes is that real estate transactions become less transparent to the buyers and sellers they're meant to serve
by Sean Frank Apr 2
Agents brace for impact: A future with more unrepresented buyers
Some think the National Association of Realtors' $418M settlement will prompt more homebuyers to transact without agents. Inman asked industry professionals how they'll handle that situation
by Jim Dalrymple II Apr 1