Nevada homeseller files yet another commission lawsuit
Angela Boykin is suing over a home sale from 2022. Her case is the 2nd such recent lawsuit out of Nevada and adds to the growing number of cases that have followed the Sitzer | Burnett verdict
by Jim Dalrymple II Feb 20
NAR hits back following 'external commentary' critical of the group
NAR Interim CEO Nykia Wright sent a letter on Friday following a critical article in the Wall Street Journal, and in the wake of news the US Department of Justice wants big changes in real estate
by Jim Dalrymple II Feb 16
DOJ to Nosalek judge: Broker commissions should be decoupled
The Department of Justice said a proposed settlement in the major antitrust lawsuit might itself violate federal law and said buyers should negotiate their broker's commission directly
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
Anywhere posts declining revenue, losses in 'incredibly tough housing market'
The real estate brokerage and franchisor posted $5.6B in revenue during a grueling 2023 while losses improved to $97M, according to a full-year earnings call on Thursday morning
by Ben Verde Feb 15
Zillow revenue rises in Q4 as Barton touts portal's 'household name'
Despite a slower market, Zillow saw revenue from its residential, rental and mortgage business rise in the fourth quarter of 2023, according to an earnings call Tuesday
by Jim Dalrymple II Feb 13
NAR REACH's new class of Down Under proptechs largest yet
Introduced in 2019, the Australia and New Zealand REACH program is Second Century Venture’s longest running international technology incubation and mentorship effort
by Craig C. Rowe Feb 12
Utah homeseller files commission lawsuit against NAR, 13 others
The complaint — one of nearly two dozen targeting real estate's commission-sharing structure — alleges 'most' buyer agents will steer clients away from listings that offer lower commission
by Taylor Anderson Feb 12
For proptech adopters, waiting is one of the hardest parts: Triple-I
Brokerage leaders are still waiting to see the returns on their 2023 technology investments, according to the latest results from the Inman Intel Index. Read on for the biggest takeaways
by Chris LeBarton Feb 12
Super Bowl ads, buyer bans and nefarious dealings: The Download
We're taking this opportunity to bring you some of the lesser-known stories you may have missed last week while you were reading about Keller Williams and NAR
by Christy Murdock Feb 10
WATCH: Mauricio Umansky talks American Real Estate Association
Mauricio Umansky talks about his new professional organization, American Real Estate Association or AREA, with Brad Inman at Inman Connect New York
by Jessi Healey Feb 10
Anywhere expands board with investment firm leader Joseph Lenz
Joseph Lenz is a managing director and co-head of research at TPG Angelo Gordon. He becomes the 13th member of Anywhere's board this week after the franchising giant added a seat
by Jim Dalrymple II Feb 9
What's your 100-year plan? Finding ikigai in life and business
The median age for Realtors is 60, with more people living to 100. Senior housing expert Rachael Hite says it's time to leverage age and experience to build a lasting legacy
by Rachael Hite Feb 9
Falling rates helped drive home price growth in Q4, NAR says
US home prices shot up in 86% of the 221 metropolitan areas tracked by the National Association of Realtors and rose 3.5% in the fourth quarter, according to data released Thursday by NAR
by Taylor Anderson Feb 8