Watchdog group takes aim at California buyer rep agreements
New report shines light on buyer representation agreements as brokerages and Realtor organizations move to update forms and comply with legal settlements this summer
by Taylor Anderson Jun 25
Meet the companies offering commission-sharing workarounds
NAR's landmark settlement bars sellers' agents from offering commissions to buyers' agents in the MLS. A batch of new companies are stepping in to fill the void
by Jim Dalrymple II Jun 25
Judge denies stay order after plaintiffs argue against NAR deal
Attorneys for the plaintiffs in a case now known as Moratis stress that NAR's proposed settlement won't stop 'a key element of the antitrust conspiracy' and might take years to go into effect
by Andrea V. Brambila Jun 24
DOJ urges court to overturn judgment in REX v. Zillow
'The judge's decision created a loophole that could allow associations to sidestep antitrust scrutiny by cloaking restrictive rules as optional,' the DOJ's filing states
by Lillian Dickerson Jun 24
Broker-owned MLSs have forked over millions under NAR opt-in deal
The vast majority of more than 600 multiple listing services nationwide have chosen to opt in to the National Association of Realtors' commission settlement, according to a new Inman analysis
by Andrea V. Brambila Jun 24
DOJ inquiry delays settlement-related document rollout at CAR
The California Association of Realtors postponed the release of 21 forms this week after receiving feedback from members — and an inquiry from the US Department of Justice
by Jim Dalrymple II Jun 21
Median home sale price in US rises to record high as transactions dip
The median sale price for an existing home in the US has grown to a whopping $419,300 — the highest since NAR began tracking the metric — following 11-consecutive months of price gains
by Ben Verde Jun 21
Anxiety over commission lawsuits looms over agent recruitment fight
Industry leaders see the lawsuits as 1 of the top recruiting challenges of 2024, according to Intel survey results. But the brokers who target and elevate middle-tier agents have an opportunity
by Jim Dalrymple II Jun 21
Former NAR employee seeks $1M in new lawsuit alleging retaliation
Roshani Sheth, a former product manager for the Realtors Information Network, filed suit after an Equal Employment Opportunity Commission probe into her racial and sexual harassment claims
by Taylor Anderson Jun 20
Your insights matter: Take the Inman Intel Index survey for June
Opinion
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by Daniel Houston Jun 20
MLSs and Realtor associations can do more to add value
According to eXp’s Troy Palmquist, these professional organizations have a greater role to play in providing services to support agents
by Troy Palmquist Jun 20
'Not warranted': DOJ pushes back against NAR rehearing request
The US Department of Justice on Monday argued NAR 'does not identify any errors of law or fact meriting panel rehearing' over whether the antitrust enforcer can reopen its probe into NAR rules
Countdown as firms not covered by NAR settlement face tough choice
Brokerages and MLSs have until 11:59 pm CST Tuesday to opt in to deals resolving antitrust claims brought by sellers targeting commissions. Inman contacted 79 brokerages for their updates
by Taylor Anderson Jun 18
Redy launches cash-for-listing model in 5 markets
Homeowners use Redy’s interface to publish information about their home with the hope real estate agents will pay them in exchange for the listing business
by Craig C. Rowe Jun 18
Mark your calendars: DOJ set to weigh in on multiple antitrust cases
The antitrust enforcer has until June 20 and 21 to give its take on three real estate-related cases and potentially influence upcoming commission changes
by Andrea V. Brambila Jun 18