More listings, lower rates should boost 2025 sales: Fannie Mae
Fannie Mae on Friday slashed its 2024 forecast as a result of weak spring home sales, but listings are returning to the market and mortgage rates look poised to drop, according to new projections
by Matt Carter 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
DOJ, NAR, counting down: Inman's Top 5 stories of the week
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Dani Vanderboegh Jun 21
SentriLock partners with Direct Offer to provide DO AudioTour tools
The deal will put DO AudioTour tools into the hands of more than 500,000 subscribers, allowing agents to deliver market insights and listings to consumers, executives announced Thursday
by Craig C. Rowe 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
'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
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
All eyes on the DOJ as commission calendar rolls on: The Download
As key milestones approach, the DOJ's upcoming opinion on the commission lawsuit settlement is already drawing both attention and criticism
by Christy Murdock Jun 14
Tom Ferry: 'The NAR settlement is a once in a lifetime opportunity!'
Jimmy Burgess and Tom Ferry talk industry changes and offer a selection of scripts that are really working right now
by Jimmy Burgess Jun 13
Gitcha leverages proposed NAR settlement to bolster buyers
While the buyer-needs portal has been in the works since the Great Recession, the proposed NAR settlement could help boost the value of the company's model
by Craig C. Rowe Jun 12
Proposed DOJ ban on commission offers against the law, MLS says
MLS PIN on Monday urged a district court to reject the Department of Justice's arguments against a settlement with homeseller plaintiffs in the Nosalek antitrust commission case
by Andrea V. Brambila Jun 12