NAR will also consider Redfin proposal to allow MLSs in non-disclosure states to exclude the display of sales prices from listing feeds, but not sold listings as a whole
Hispanic and Black Americans who buy lower-priced homes than white Americans can also lead to further wealth gaps, according to a study by the National Association of Realtors
The pending home sales index rose from the previous month in every US region but the Midwest, while all regions saw gains year over year
Second Century Ventures, which is an arm of the National Association of Realtors, has chosen Knock and 7 other startups to be a part of the 2021 REACH scale-up program
Even earnest agents make false steps that end up in an ethics violation, a suit or revocation of a license. Check out Inman's handy charts to learn the consequences of 10 situations
Thirty-two percent of respondents of a National Association of Realtors survey say they were involved in buying or selling a property that had eco-friendly features in the past year
Existing-home sales fell 3.7% in March, but the median sales price rose 17.2% to a historic high of $329,100, according to the National Association of Realtors
Holding an open house has always been a bit risky and has become even more so during the pandemic. To safely continue the practice, agents should keep these factors in mind
CRMLS created the change to 'ensure that the information in the MLS is as accurate as possible as soon as feasible,' CRMLS CEO Art Carter told Inman
RE/MAX intends to keep its agent productivity throne and expects its tech acquisitions in the last couple of years to boost its bottom line in 2021
Just over half of listing agents say in a NAR survey that they believe staging boosts how much buyers will offer, but about the same share don't stage. Is reality TV to blame for unrealistic expectations?
The American Jobs Plan proposes building and retrofitting more than 2M homes and commercial buildings
Pending-home sales also declined on an annual basis for the first time in 8 consecutive months, according to the National Association of Realtors
White Realtors' median gross personal income last year was $49,400 while the median for Black Realtors was $16,700
The well-connected discount brokerage is trying to raise more funding and grow its business as it takes on industry behemoths NAR and Zillow
Rules regarding public display of buyer broker commissions and lockbox access for non-Realtors were originally slated to take effect by the end of March
February's seasonally adjusted annual rate of 775,000 was down 18.2% from January's revised rate of 948,000
Some landlords are declining the funds because of regulatory tape attached to them. Others hope to replace struggling tenants with more financially secure renters
The new antitrust lawsuit, filed Friday in California, also names the National Association of Realtors, Realogy, Keller Williams, RE/MAX and several other companies as defendants
Existing-home sales were down 6.6% from January to February, according to data released Monday from the National Association of Realtors
One agent told the discount brokerage: 'I won't bother to show [the listing]. Who's your local agent though because I'll make sure to tell people not to work with them'
Trade group's president accuses commission detractors of duplicity 'for a payout' under the guise of protecting consumers
Opinion
For those who are attacking agents and the associated commission structure, let’s be clear about who and what they’re attacking. They’re attacking everyday Americans who are helping their fellow Americans achieve the ultimate dream — owning a home
Opinion
In the real estate industry, antitrust lawsuits have become more prevalent in the past few years, but perhaps it's time for litigious parties to take a step back and refocus their energies on sellers and buyers, instead of competitors
The Consumer Federation of America and the Oregon State Public Interest Research Group argue that prohibiting rebates to buyers and sellers stifles commission competition and harms consumers
Real estate commissions are inflated by as much as $50B per year due to the lack of price competition created by having listing brokers set co-op fees for buyer brokers, according to the report in the Berkeley Business Law Journal
Trade group's professional standards committee will vote on case interpretations in May to help evaluate complaints
REX alleges Zillow shift to IDX feed is 'driving consumers away from REX'
Michigan Realtor Rick Beaudin alleges in a lawsuit filed against the brokerage that an 'unknown BLM representative' pressured RE/MAX of Michigan to fire the agent. The complaint lists 'Black Lives Matter Unknown Associate' as a defendant
The former private listing network for agents seeks to overturn a ruling that threw out its lawsuit alleging the National Association of Realtors' Clear Cooperation Policy harms competition
The Pending Home Sales Index declined 2.8% from the previous month to 122.8, but was up 13% from the year before and marked an all-time high for January
The average buyer broker commission rate iBuyers paid when they resold a home fell to 2.5% in 2020 from 2.8% in 2019, according to a new analysis by Redfin
Opinion
Ever wonder what exactly the National Association of Realtors does for you? Here’s how I went from vocal critical blogger to NAR defender
The National Association of Realtors' latest report revealed the systemic issues in housing, education, and jobs keeping minority homebuyers behind
Listing brokers and agents will not be able to opt out of having the compensation they're offering made public, according to the California Regional MLS
Home price growth was widespread during the fourth quarter of 2020 as mortgage rates and inventory levels both hit record lows, according to the National Association of Realtors
Members found in violation could receive up to $15,000 fine and termination of membership for up to three years -- but circumstances matter
Judge says ThePLS.com failed to plausibly allege the National Association of Realtors' Clear Cooperation Policy harms competition and consumers. To the contrary, the policy has 'some plainly pro-competitive aspects'
Insurance remains a challenge for many agents, many of whom have independent contractor status. But there are more and more options out there
The move comes in the wake of the agreement between NAR and DOJ concerning Realtor competition
Despite continuing monthly declines, the Pending Home Sales Index (PHSI) hit an all-time high for the month of December at 125.5
A new lawsuit filed earlier this week sits in stark contrast to 3 previous homeseller suits that allege commission sharing between cooperating brokers inflates seller costs
Opinion
Yes, the NAR Code of Ethics is a higher standard — but it isn’t the highest standard. Here's what one broker thinks about self-policing among Realtors and the consequences of ethics violations
Realtors convicted of a 'felony or crime involving moral turpitude' may be subject to discipline under membership rule
Just as the real estate industry suspected, existing-home sales surged in 2020, up 5.9% from the year previous and to a level unseen since the Great Recession, according to new data
New homes authorized by permits were up 17% year over year in December, according to the US Census Bureau and US Department of Housing and Urban Development
Members call for changes to the Realtors Political Action Committee after lawmakers voted against certifying results of presidential election
The Realtors Legislative Meetings & Trade Expo will be held online May 3-14. Some fear that an earlier event to be held in person in April will be a COVID-19 'super spreader'
With the COVID-19 vaccine rolling out across the country, many companies and associations are planning in-person events for the coming year
Standing on the steps of the Capitol in a now deleted video, Frisco, Texas, agent Jenna Ryan appears to say, 'Y’all know who to hire for your Realtor. Jenna Ryan for your Realtor.'
According to the trade group, 'merely being a participant in something that appears likely to involve criminal activity does not automatically invoke' rule against hate speech
Klete Keller, a former Olympian and commercial real estate agent in Colorado Springs, resigned from his brokerage earlier this week
Trade group says it's monitoring CDC guidelines, host city restrictions, the current trajectory of infections and vaccination rates
The company didn't donate to any of the election objectors during the previous election cycle but officially vowed to withhold any support moving forward
Alabama and Georgia Realtors suspend their lawsuit against the Trump administration at least until February after legislation extends moratorium
REX CEO Jack Ryan said he believed the recordings contributed to getting the US Justice Department's antitrust lawsuit against the National Association of Realtors off the ground
'We are committed to taking any action that is deemed appropriate and in the best interest of our association, our 1.4 million members, and our nation as a whole at the conclusion of these investigations,' NAR said in a statement
The moves come as a number of major companies say they are suspending political campaign contributions through PACs
As violence unfolded, real estate leaders and trade groups issued strongly worded statements decrying the violence. They are not, however, committing to no longer donating money to the campaigns of lawmakers who voted against certification
The PLS wants info on Upstream, the DANGER Report, the Clear Cooperation Policy and antitrust inquiries from the DOJ or FTC. Realtors say producing these documents would impose 'substantial burdens' on them
NAR Chief Advocacy Officer Shannon McGahn said the trade organization will fight for tax incentives for homeownership and construction of affordable housing
From eviction bans to redlining, zoning reform and the NAR Code of Ethics update, 2020 has been a year of reckoning on real estate's checkered past
Opinion
More education for members and changes to the code of ethics is certainly a great start, but there's more that can be done. Here, one broker weighs in on what NAR can do to prevent future discrimination and promote fair housing
Despite the modest slide, the National Association of Realtors' pending home sale index hit an all-time high for the month of November, it was announced Wednesday
Opinion
Keller Williams will amp up its recruitment program, Zillow will acquire Opendoor, and nursing homes will die. These and 18 other predictions for 2021 from Inman's founder
The PLS says its new site will comply with NAR's Clear Cooperation Policy and show exclusive listings to the public for the first time
This year had it all: A presidential election, a stock market crash and rebound, and the busiest summer and fall in memory — all amid an unprecedented global pandemic
As we leave behind a turbulent 2020, agents have an opportunity to continue to show courage at an individual level. Here's how to join the new year's challenge to be defenders of justice, equity, diversity and inclusion
A National Association of Realtors source told Inman that the trade organization is waiting on guidance from government agencies before issuing any mandates
Bryan Greene, NAR's vice president of advocacy policy: 'We feel we owe a debt and that the future prosperity of our industry and the economy depend on us doing this work'
A demographics panel at NAR's Real Estate Forecast Summit talked about the declining share of first-time homebuyers, the 'baby bust,' and the rise in multigenerational living
Jim Parrott, a nonresident fellow at the Urban Institute, said housing is 'not an abstraction' for the president-elect at National Association of Realtors' Real Estate Forecast Summit
The real estate sector — which includes rental and leasing — added 8.5K jobs on a seasonally adjusted rate in November and actually lost 3K jobs if unadjusted for seasonality
Volunteering and charitable donations among members of the National Association of Realtors were up from 2018, the last time the trade organization's CARE survey was taken
National Association of Realtors members discussed whether supporting certain political candidates, using the wrong pronouns or opposing same-sex marriage could be hate speech
Opinion
NAR's mythical town of Fairhaven is meant to shed a realistic light on discrimination in the industry. But how does it stack up against standard fair housing classes? Here's one broker's experience
Bryan Greene, Helen Devlin and Joe Harris are moving up the ranks of the 1.4 million-member trade group's lobbying operation
The brokerage is suing Oregon officials, including Gov. Kate Brown, for 'antitrust' practices, alleging a law that bans brokerages from providing rebates harms consumers
People who have done deals with CoStar, or had a catbird seat in CEO Andy Florance's business dealings, say he's cunning, ruthless and plays to win. Sounds like Zillow, right?
The Pending Home Sales Index, an indicator of future sales based on contract signings, rose 20.2% from October 2019, according to the National Association of Realtors
Missives that disclose race, color, religion, sex, handicap, familial status, national origin, sexual orientation or gender identity are risky for buyer's agents and listing agents
Broker and ethics hearing officer Barbara Betts detailed the ways agents misrepresent themselves and the transaction, sometimes inadvertently
Opinion
As the Moehrl and Sitzer lawsuits work their way through the legal system they now must explain why the Department of Justice settlement is inadequate
Opinion
This week, Byron Lazine and Nicole White discuss how a vaccine might impact the housing market and NAR’s new ethics changes
Among other things, the case could ultimately drive down commissions and weaken industry organizations, agents told Inman
Proposed settlement would require the trade group to repeal or change several rules the US Department of Justice deems anticompetitive
Existing-home sales in October 2020 were up 4.3% from the previous month and up 26.6% from one year ago, according to a report from the National Association of Realtors
Opinion
The Realtors Political Action Committee says its purpose to help elect candidates who support the interests of Realtors is clear. But does that truly extend to those in protected classes? Here's what one Georgia-based broker thinks
Speaking at NAR's annual conference, the musician and civil rights champion said there are 'more pressing' fair housing issues than the term 'master bedroom'
NAR Chief Economist Lawrence Yun predicts existing-home sales will rise 9% in 2021
Opinion
To change both the reality on the ground and the optics for the public, NAR must take significant steps to eliminate practices shown to damage the public. The proposed changes to the code of ethics is not the final solution
Aside from the challenges posed by COVID-19, the NAR Expo still faces a handful of other issues that stack the deck against it. Here are a few affecting the health of the event
During the Realtors Conference and Expo, political consultant Mary Matalin repeatedly and without evidence referred to 'fraudulent votes' during the presidential election. NAR's response: 'We don't control what speakers say'
Trade group passes new standards for MLSs and local Realtor associations. Future NAR leaders will also have to pass a social media background check
The trade organization said on Friday that the changes will 'raise the bar on the professionalism and private speech of America’s 1.4 million Realtors'
NAR expects new administration will restore fair housing rules and support bipartisan legislation related to minority homeownership, first-time homebuyers and housing supply
Opinion
This week, Byron Lazine and Nicole White discuss NAR’s stance on school rankings, mistakes new agents make and where sellers should put their TV
Speakers at Inman Connect Now on Thursday said the trade group should go ahead with changes that would crack down on discriminatory behavior and fix them as the need arises
Following spirited discussions, a trade group committee approved 8 MLS standards that will now go to the NAR board of directors on Nov. 13
Changes to the group's core standards would require local associations to include diversity, equity, inclusion and fair housing components into strategic plans and leadership training
M. Ryan Gorman and law professor and author Mehrsa Baradaran say solutions must be targeted to those who were harmed by racist policies
The 1.4 million-member trade group says it will help create more accurate third-party information on school quality beyond test scores
At Realtors Conference & Expo, NAR consultant and investigative reporter Bill Dedman discussed what housing discrimination looks like now and why it continues
At Realtors Conference & Expo, the trade group said the program would be a way to 'get ahead' of fair housing problems 'often hidden from view'
Realtors must proactively tackle inequality in real estate, trade group leaders said Wednesday. 'Talk is cheap, and actions speak better than words,' CEO Bob Goldberg said
The trade group will create 'case interpretations' to help members and enforcement volunteers apply controversial policy changes if they're approved
First-ever virtual Realtors Conference & Expo kicked off with a discussion on Monday about controversial proposed changes to the National Association of Realtors' Code of Ethics
Travel restrictions, uncertainty and the US handling of the pandemic are taking a toll, but outdoorsy vacation spots are still hot among international buyers
The National Association of Realtors' Pending Home Sales Index dropped 2.2%, to 130, in September after 4 consecutive months of contract activity growth
As our nation grapples with the ongoing crisis of racial inequality, it is critical that Realtors be a part of the solution, not contribute to the problem. Here's a look at NAR's recommendations
As year-over-year existing-home sales soared 21% in September, inventory dropped to a 2.7-month supply, according to data released Thursday by the National Association of Realtors
Opinion
If the intent of the Code of Ethics is to hold real estate professionals to a higher standard, the proposed addition fails to achieve that. Here's why — plus what could be done
Opinion
On Tuesday, the US Justice Department accused Google of illegally protecting its monopoly over search and search advertising. It begs the question, are there real estate monopolies?
Opinion
NAR proposed changes to the Code of Ethics, and the real estate community is reacting — or more precisely, descending into an uproar. Here's why industry professionals should take some time to closely read and examine these changes
Although the National Association of Realtors offers insurance options, an NAR spokesperson warned that the association would not make calls to enroll members
The 1.4 million-member trade association is partnering with the investment banking giant to offer Realtors guides to investing and saving for retirement
The National Association of Realtors says it's gotten 'an unprecedented number of complaints about Realtors posting discriminatory speech and conduct online'
A new National Association of Realtors survey finds younger people want more outdoor space and bigger homes with more rooms — even as walkability remains important
In the wake of the Trump administration's federal moratorium on evictions, landlords, apartment owners and housing industry groups have issued legal challenges against the order, leaving millions of renters in a precarious position
Opinion
This week, Byron Lazine and Nicole White discuss NAR’s buyer commission lawsuit, working with out-of-state buyers and a new trend in luxury real estate
The Council of MLSs is forming a task force to explore the role MLSs can play in stamping out housing discrimination. Panelists at CMLS's annual conference had some ideas
Some pros predict more dual agency deals and the disappearance of buyer's agents, while others think the industry will end up where it started but with more disclosures to sign
Judge Andrea Wood argued that the plaintiffs would have paid 'substantially lower commissions' if not for the buyer broker commission rules
Venture capitalist Tim Draper, an early backer of Tesla and Skype, has invested an undisclosed amount in the blockchain transaction startup
Even though events are held virtually now, they still offer tremendous value — and a chance to connect with some of the best real estate experts in the world. Here are a few noteworthy digital happenings
Suzanne Mueller alleges Move failed to provide a safe working environment, did not adequately supervise employees and retaliated against her for participating in a sexual harassment investigation against a National Association of Realtors executive
The National Association of Realtors' Pending Home Sales Index skyrocketed 8.8% year over year in August
Katie Lance interviews the author of influential book 'The Color of Law' to discuss the history of public housing policy, its effect on the ongoing racial discrimination and what we can do now
Total existing-home sales climbed 10.5% from the year prior in August, according to data released Tuesday by the National Association of Realtors
An NAR survey finds more than half of agents are still hosting open houses alone, but more agents are carrying protection in the form of pepper spray and firearms
Bill Malkasian and Joe Ventrone are stepping down, and Shannon McGahn, a former counselor for the US Department of Treasury, has been promoted to chief advocacy officer
As urban buyers look for more space, agents need to be increasingly wary of racial steering
Record-low mortgage rates, skyrocketing buyer demand, and shrinking inventory have pushed the housing market's busy season forward through at least the end of the year
Three chief economists share how FHA homeowners have been disproportionately impacted by 2020's coronavirus-induced unemployment boom and what it means for next year's market
The National Association of Realtors added more languages to its marketing partnership with Photofy to help Realtors capture more foreign business
The increase sent the Pending Home Sales Index sailing to 122.1, marking the third month in a row of sales growth, according to the National Association of Realtors
The fee will no longer apply to refinance loans with balances below $125,000 or to the government-sponsored enterprises' affordable refinance products
July also marked the first time ever that the median home price across the entire U.S. rose above $300,000, according to NAR's data
The trade groups allege that it is Pocket Listing Services' business model that is anticompetitive and harms homebuyers and sellers
Buyers in some markets are offering hundreds of thousands of dollars over asking prices — and still losing bidding wars. 'Normally there's 13, maybe up to 20 offers. But 39 is bonkers.'
The Democratic vice presidential candidate believes 'housing is a human right' and has proposed legislation for mortgage and rent relief amid the pandemic
The human resources exec will be responsible for the 1.4 million-member association's internal diversity and inclusion strategies
Despite forecasts of people fleeing cities en masse, home prices grew in 96% of metros in the second quarter, according to the National Association of Realtors
The new partnership will give NAR members access to ReferralExchanges' concierge-based lead vetting service
Gross domestic product data showed a historic drop in the second quarter, even as new unemployment claims continued to rise, according to new data released Thursday
New data shows that as of May 2019 the average U.S. agent salary was $62,060. But wages are moving in different directions in different states
The National Association of Realtors' Pending Home Sales Index increased 6.3% year over year in June, according to data released Wednesday
New data from the Census Bureau indicates that the homeownership rate surged to its highest point since the third quarter of 2008, but a change in data collection methodology may have impacted the results
Meanwhile, existing-home sales in June rebounded 20.7% month over month, according to market report released Wednesday by the National Association of Realtors
Judge says agents don't have a right to benefit from the contributions of fellow Realtors while withholding their own listings. Top Agent Network criticizes policy's exception for office exclusives
Mark Lesswing first joined T3 Sixty last August to help build the firm's technology division
In a letter to the Department of Housing and Urban Development, the National Association of Realtors called for an end to efforts to revise the disparate impact rule
Shannon McGahn, senior vice president of government affairs for NAR, is among those named in the report
It was the biggest monthly gain in pending home sales since NAR began recording the forward-looking indicator in 2001
The 2020 Realtors Conference & Expo was supposed to take place in New Orleans in November, but it was moved online amid lingering concerns about the coronavirus pandemic
Existing-home sales fell annually for the third straight month in May, but NAR expects that to change over the coming months
In our multipart series on the US housing market this summer, Inman's Jim Dalrymple reports that the market hasn't fully returned to normal yet, but a number of metrics including prices and pending sales suggest it has been resilient amid the coronavirus crisis
The National Association of Realtors' plan calls for expanding down payment assistance programs, improving FHA loans and alternative credit scoring models
The National Association of Realtors sent out a survey to past iOi Summit attendees to gauge how likely they are to attend an in-person event in early 2021
Bob Goldberg reminded attendees at Inman Connect Now that equality and fairness in housing is the trade group's mission
Suit alleges Clear Cooperation Policy is part of a plan to eliminate PLS as a 'competitive threat.' Trade groups say policy is 'not discriminatory' and promotes competition
Top Agent Network asked for the order two weeks ago in an attempt to stop the National Association of Realtors from enforcing the Clear Cooperation Policy
Existing-home sales in April fell 17.8% from March and 17.2% year-over-year
National Association of Realtors CEO Bob Goldberg said future events could be both in-person and virtual — even after pandemic
The trade group said new policy will allow brokers to innovate and develop new ways of delivering services to consumers
Realtor Leigh Brown offered agents advice on saving, budgeting and setting themselves up for success during a NAR Virtual Realtors Legislative Meeting Thursday
Company alleges it would suffer 'irreparable harm' if Realtor associations continue to enforce Clear Cooperation Policy. NAR says TAN 'sat on its hands' for months
National Association of Realtors Chief Economist Lawrence Yun predicts inflation will be delayed for five or six years — and then the price of everything will rise
During a forum at the Virtual Realtors Legislative Meetings Tuesday, Chris Christie and Rahm Emanuel agreed COVID-19 has upended expectations for the fates of the White House and Congress come November
Trade group leaders urge members to continue to be active in their communities as nation adjusts to 'new normal'
A median single-family home now costs $274,600
Trade group says suit 'has no legal basis' and that the Clear Cooperation policy 'promotes equal opportunity for all'
Coronavirus is a big deal for real estate, but financial chiefs don't think it's a repeat of 2008. And some already see signs of improvement
Candidates Nancy Lane and David McKey tout experience and crisis management skills as they vie to handle money for the 1.3 million-member trade organization