Homes listed in the MLS sell faster and for nearly 17% more: Study
Bright MLS looked at 442,829 home sales across its 6-state Mid-Atlantic footprint that sold over a 24-month period
by Andrea V. Brambila Jul 30
Pending home sales fall further than expected in June
Pending home sales dropped 1.9% in June, and 1.9% year over year to an index of 112.8, according to the National Association of Realtors' Pending Home Sales Index
by Lillian Dickerson Jul 29
Foreign buyers may soon swoop back into US housing market
International buyers were less involved in the US housing market during the first year of the pandemic — but that may soon change
by Daniel Houston Jul 28
22 common ways agents violate the Realtor Code of Ethics
Broker and ethics hearing officer Barbara Betts details the ways agents misrepresent themselves and the transaction, sometimes inadvertently
by Andrea V. Brambila Jul 27
Dueling NAR and REX op-eds hint that DOJ will target commissions
National Association of Realtors: 'The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure'
by Andrea V. Brambila Jul 22
Zillow, NAR formed 'group boycott' to enforce commission rule: REX
REX alleges that the National Association of Realtors and Zillow use NAR's segregation rule to hinder competitors who don't comply with NAR's commission rule
by Andrea V. Brambila Jul 21
3 ways Biden could change real estate
Real estate experts share how President Biden's latest executive order could impact real estate from licensing to noncompete agreements to antitrust lawsuits
by Marian McPherson Jul 19
Transitioning into summer, high-end properties are seeing a cool down
As the official start to summer approaches, agents say the market is less chaotic, and more high-end luxury properties seem to be available and lingering on the market
by Lillian Dickerson Jul 16
The Real Word: What the DOJ-NAR battle means for agents
Opinion
This week, Byron Lazine and Nicole White discuss the DOJ withdrawing its settlement offer to NAR, the first state to ban homebuyer love letters, and a study that shows what the majority of real estate listings are lacking
by Byron Lazine Jul 16
Updater acquires on-demand moving service Dolly
Deal will expand Updater's product offerings to help consumers with moves of all sizes
by Andrea V. Brambila Jul 15
DOJ hints NAR's pocket listing policy may be in its crosshairs
Agency letter offers first clue that the Clear Cooperation Policy may be part of a 'broader investigation' into trade group's rules
by Andrea V. Brambila Jul 14
Zillow, NAR slam REX's alleged use of antitrust as a business strategy
Real estate giants ask court to toss the discount brokerage's lawsuit over optional MLS rule
by Andrea V. Brambila Jul 14
NAR, stop fighting for commissions — make better Realtors
Opinion
NAR has been fighting for commission while letting the industry slide in the public’s opinion. Here's what we should be doing
by Bret Weinstein Jul 12
NAR 'cut a deal' with Trump DOJ to undermine commission suits: CFA
The National Association of Realtors countered that the Consumer Federation of America's assertions are 'wrong and misleading' and 'commissions are very much negotiable'
Realtor.com launches microsite with fair housing resources
Visitors to 'Realtor.com for Everyone' are able to search for Realtors who have completed NAR’s At Home with Diversity certification
Oregon becomes first US state to ban homebuyer love letters
Homebuyers have used these so-called 'love letters' to help their offers stand out, but critics say they leave the door open for discrimination
by Daniel Houston Jul 7
NAR brings back 'pitch battle' for real estate tech
Contest winner will get a $15K cash prize at the trade group's 3rd annual Innovation, Opportunity & Investment (iOi) Summit
Why the ongoing DOJ vs. NAR battle matters
Opinion
The DOJ's most recent action seems to be a giant step backward toward any resolution. Here's what you should know
by Jay Thompson Jul 6
Here's the timeline of the NAR-DOJ legal battle
The US Department of Justice just backed out of an antitrust settlement with the National Association of Realtors, suggesting more legal wrangling is on its way
by Jim Dalrymple II Jul 6
This is what makes real estate in the United States of America so unique
From commissions and entrepreneurism to Poland's legendary tale of the '1-hour MLS,' there are few places like the US when it comes to real estate
by Jim Dalrymple II Jul 2
Justice Department withdraws from settlement with the National Association of Realtors
The antitrust regulator said the trade group refused to modify the deal to protect the agency's ability to investigate other NAR conduct that could impact real estate competition
After April slump, pending-home sales rise 8% in May
Pending-home sales are once again on the increase, according to new data released Wednesday by the National Association of Realtors
NAR disaster relief charity kicks off campaign to raise $8.5M
Because natural disasters have become increasingly common, the Realtors Relief Foundation is shoring up its resources to be able to respond at a moment's notice
by Andrea V. Brambila Jun 29
With new FTC chair, expect greater scrutiny on the real estate industry
Lina Khan's appointment at the Federal Trade Commission last week appears to indicate the Biden administration plans to take an aggressive approach to antitrust regulation
by Andrea V. Brambila Jun 29
Ohio's largest MLS ditches 'Coming Soon' status
MLS Now says the status caused 'unintended consequences' and has been the most common complaint among agents in the past year
by Andrea V. Brambila Jun 24
LGBTQ+ Real Estate Alliance teams up with Asian Real Estate Association of America
The two groups will work together to combat discrimination and increase homeownership rates at a time of renewed scrutiny on discrimination against Asian Americans
by Jim Dalrymple II Jun 23
Blackstone shells out $6B to re-enter rental market
Blackstone Group Inc. has reached a deal to acquire single-family rental home company Home Partners of America Inc. for $6 billion in cash after a competitive bidding process
by Lillian Dickerson Jun 23
Sexual harassment suit against Move settles
Case alleging Move failed to provide a safe working environment and retaliated against Suzanne Mueller for participating in a sexual harassment investigation against an NAR executive was dismissed at the request of both parties
by Andrea V. Brambila Jun 22
‘Homebodies' hampering housing market potential by not selling
Homeowners with low mortgage rates and seniors choosing to age in place aren't eager to sell, according to a new analysis by First American Financial Corp.
by Matt Carter Jun 22
Ahead of Juneteenth, Atlanta Realtors Association apologizes for history of discrimination
The Atlanta Realtors Association issued the first apology in its 111-year history to members and the communities they serve for its history of discriminatory practices while making a commitment to supporting an inclusive community in the future
by Lillian Dickerson Jun 18
They came for 2-sided deals — then a pocket listing debate broke out
Despite its title — 'The End of the Two-Sided Deal: Will This Be The New Normal?' — a panel at Inman Connect quickly turned into an intense debate over the role of pocket listings
by Jim Dalrymple II Jun 15
Stop calling NAR and Zillow a ‘cartel,’ judge tells REX
A judge also denied REX's request for a preliminary injunction against NAR and Zillow. REX asked for the injunction after arguing it was the victim of anticompetitive practices
by Jim Dalrymple II Jun 9
Share of LGBTQ buyers and sellers hasn't grown since 2015: NAR
The share of LGBTQ homebuyers and sellers has remained at 4 percent since 2015, according to NAR. Lower household incomes and less access to affordable housing are 2 of the largest barriers
by Marian McPherson Jun 9
NAR, Updater partner to provide real-time relocation data to Realtors
Trade group will be able to use 'pre-move' data to inform reports on migration patterns and housing demand
Norman Flynn, former NAR president, dies at 79
As president of NAR in 1990, Flynn focused much of his efforts on tackling housing affordability and educating the public on real estate and housing issues
The Inman Handbook on existing-home sales
3 leading economists share what existing-home sales reveal about the market and how to properly use statistics to make client decisions
by Marian McPherson Jun 3
Pocket listing suit against NAR shouldn't have been thrown out: DOJ
The Department of Justice and The PLS argue that lower court should have considered Clear Cooperation Policy's impact on brokers who directly purchase access to listing services, not on buyers and sellers
The median Realtor income declined in 2020, new survey says
The record number of homes sold in 2020 didn't necessarily translate into higher wages for most Realtors, with the median gross income falling $6K from the year before
REX execs take aim at Zillow in op-ed: 'We had no choice but to sue'
In an op-ed co-written by REX CEO Jack Ryan and REX President Lynley Sides, the pair said they 'won't stop' until policies like NAR's segregation rule no longer impede consumers
by Lillian Dickerson May 28
Top Agent Network takes aim at office exclusives in NAR pocket listing policy
Top Agent Network argues that office exclusives result in less inventory, less exposure for listings and less consumer choice while benefitting large brokerages
by Andrea V. Brambila May 27
Pending-home sales take 4.4% hit in April
In a reversal from the previous month, pending-home sales decreased in all regions except the Midwest, which saw gains of 3.5% from March to April
by Lillian Dickerson May 27
NAR forges partnership with LGBTQ+ Real Estate Alliance
The relationship between the entities will enable the development of new training opportunities in an effort to help create LGBTQ+ leaders in the real estate industry
by Lillian Dickerson May 26
Existing-home sales decline again as home prices grow to an all-time high
Continuing inventory woes have hampered existing-home sales for the third consecutive month, according to a National Association of Realtors' market report released Friday
by Marian McPherson May 21
The Real Word: Is there an end date to the housing shortage?
Opinion
This week, Byron Lazine and Nicole White discuss the latest on NAR’s controversial address proposal, how long the housing shortage will last and staging in a seller’s market
by Byron Lazine May 21
The Inman Handbook on real estate's biggest rivalries
Compass versus Realogy. Keller Williams versus eXp. REX versus everyone. The real estate industry is full of big names and big feuds, and Inman's unpacking all of them
by Jim Dalrymple II May 21
Hot housing market, unemployment fuel record-high NAR membership 
The National Association of Realtors credited the boom in membership in 2020 to a robust housing market and Americans' career shifts during the pandemic
by Marian McPherson May 20
5 people to watch at realtor.com as the company plots its next move
The News Corp. subsidiary is laser-focused on growing traffic and improving the consumer experience as it maintains its industry ties
by Andrea V. Brambila May 20
NAR ends multimillion-dollar zipLogix partnership
After 6 years and $62M, the trade group says it will reallocate funds to 'other important member-facing initiatives'
by Andrea V. Brambila May 18
NAR elects new leaders, approves budget as midyear meeting wraps
The National Association of Realtors' board of directors held its biannual meeting Friday on the last day of the trade group's midyear conference, the Realtors Legislative Meetings
by Andrea V. Brambila May 17
NAR board votes to require addresses on MLS listings
The ongoing, controversial debate surrounding pocket listings finds some resolution, with NAR voting to make addresses immediately available to other MLS subscribers. Here are the details.
by Andrea V. Brambila May 14
Manchin to Realtors: Bipartisanship is built on personal relationships
US Sen. Joe Manchin, a Democrat, and Shelley Moore Capito, a Republican, discussed making deals across the aisle at the National Association of Realtors' midyear conference
by Andrea V. Brambila May 14
NAR: Housing market is 'topping out' due to inventory shortage
Lawrence Yun, chief economist for NAR, reports that the GDP is back to its pre-pandemic peak, consumers are ready to spend their stimulus checks and single-family housing starts are ramping up
by Andrea V. Brambila May 13
NAR forum: We're at a 'hinge point' in American politics
At the Realtors Legislative Meetings, Mara Liasson and Van Jones talked polarization, bipartisanship and the issues that could get Republicans and Democrats to work together
by Andrea V. Brambila May 13
Bright MLS cracks down on abuse of pocket listing rule
'Vast majority' of Clear Cooperation Policy complaints turn out not to be in violation
by Andrea V. Brambila May 11
NAR: 'The MLS is under attack'
Lawsuits alleging that NAR rules regarding multiple listing services prop up commissions that inflate buyer and seller costs keep proliferating
by Andrea V. Brambila May 11
'Lumber truthers' question veracity of shortage through social media
Despite lumber shortage data released for consecutive months by industry associations, lumber-shortage truthers have taken to social media to dispel what they see as myth
by Lillian Dickerson May 11
89% of all metro areas saw double-digit home price gains in Q1
Amid widespread annual home price growth, 89% of all metros saw double-digit price gains, according to the National Association of Realtor's First Quarter Metro Home Prices report
by Lillian Dickerson May 11
NAR: Don't work without a written listing agreement
Trade group says agents and brokers want to avoid MLS policies and rules, but are taking on major risks
by Andrea V. Brambila May 10
Controversial proposal to require addresses on MLS listings clears hurdle
Proposal now moves to the National Association of Realtors' board of directors, but bitterness over the Clear Cooperation Policy's office exclusives exemption lingers
by Andrea V. Brambila May 10
Realtor.com's new microsite will connect buyers to agents with fair housing training
Realtor.com for Everyone will help renters, buyers and sellers search for agents 'committed to working with today’s increasingly diverse communities'
NAR's lobbying playbook: 'Make friends before you need them'
During a panel about lobbying at the Realtors Legislative Meetings, the trade group explained that building a relationship with a congressperson or senator is like building a relationship with a friend — it takes time and is not a one-way street
No different than an 'all-white jury': NAR tackles ethics panel diversity
Trade group urges Realtor members of minority groups to get involved with professional standards enforcement at the local and state levels
Religion is no safe harbor, NAR rules in controversial hate speech policy
Some NAR members balked at approving a case interpretation that specifically says a preacher speaking to his congregants would be in violation of the Realtor Code of Ethics
Controversial proposal to require addresses on MLS listings is back
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
by Andrea V. Brambila Apr 30
Cheaper home purchases by student debt holders could widen wealth gap
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
by Andrea V. Brambila Apr 29
Pending-home sales increase following 2 months of declines: NAR
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
by Lillian Dickerson Apr 29
NAR's venture capital fund picks Knock, other startups for REACH program
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
by Jim Dalrymple II Apr 26
Ethics violation, lawsuit or worse: 10 situations that get agents in trouble
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
by Lillian Dickerson Apr 26
A third of Realtors bought or sold a 'green' home in the past year
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
by Andrea V. Brambila Apr 23
Existing-home sales prices rise to historic high — even as sales decline
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
How to safely handle an open house
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
by Lillian Dickerson Apr 19
Why the nation's largest MLS is declaring Saturday a work day
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
by Andrea V. Brambila Apr 15
5 people to watch at RE/MAX as franchisor counts on investment pay-off
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
More than half of agents don't bother staging homes for sale
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?
Realtors praise Biden infrastructure plan's focus on housing shortage
The American Jobs Plan proposes building and retrofitting more than 2M homes and commercial buildings
Pending-home sales fall 10.6%
Pending-home sales also declined on an annual basis for the first time in 8 consecutive months, according to the National Association of Realtors
by Lillian Dickerson Mar 31
NAR survey shows large income gap between white and Black Realtors
White Realtors' median gross personal income last year was $49,400 while the median for Black Realtors was $16,700
by Andrea V. Brambila Mar 30
5 big challenges for REX Real Estate in 2021
The well-connected discount brokerage is trying to raise more funding and grow its business as it takes on industry behemoths NAR and Zillow
by Andrea V. Brambila Mar 29
NAR-DOJ rule changes won't come for months
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
by Andrea V. Brambila Mar 23
New home sales hit 9-month low in February
February's seasonally adjusted annual rate of 775,000 was down 18.2% from January's revised rate of 948,000
by Lillian Dickerson Mar 23
Some landlords are declining funds from the Emergency Rental Assistance program. Here's why
Some landlords are declining the funds because of regulatory tape attached to them. Others hope to replace struggling tenants with more financially secure renters
by Lillian Dickerson Mar 23
Compass, Sotheby's roped into latest suit alleging 'inflated' commissions
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
by Andrea V. Brambila Mar 23
Rising rates and low inventory cause home sales to plummet
Existing-home sales were down 6.6% from January to February, according to data released Monday from the National Association of Realtors
by Patrick Kearns Mar 22
Listen: REX releases recordings of agent steering
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'
by Andrea V. Brambila Mar 18
NAR claps back on commission attacks
Trade group's president accuses commission detractors of duplicity 'for a payout' under the guise of protecting consumers
by Andrea V. Brambila Mar 18
How the agent commission structure benefits everyday Americans
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
by Charlie Oppler Mar 18
The problem with antitrust litigation as a real estate business strategy
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
by Bob Mathew Mar 18
Consumer groups support REX suit against anti-rebate law
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
by Andrea V. Brambila Mar 16
Study commissioned by REX claims commissions are deeply inflated
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
by Andrea V. Brambila Mar 12
NAR: 'We haven't seen a deluge' of hate speech cases
Trade group's professional standards committee will vote on case interpretations in May to help evaluate complaints
REX takes aim at Zillow with new lawsuit
REX alleges Zillow shift to IDX feed is 'driving consumers away from REX'
by Patrick Kearns Mar 9
Black Lives Matter pressured RE/MAX Platinum to fire me: Agent
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 PLS appeals case against NAR, MLSs over pocket listing rule
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
Pending-home sales see another monthly decline in January: NAR
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
by Lillian Dickerson Feb 25
Redfin: Real estate commissions will drop due to iBuyers, public display
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
by Andrea V. Brambila Feb 25
From critic to fanboy: How this NAR detractor turned
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
by Jay Thompson Feb 24
Homeownership rate for Black Americans lags behind at 42%
The National Association of Realtors' latest report revealed the systemic issues in housing, education, and jobs keeping minority homebuyers behind
by Marian McPherson Feb 18
California Regional MLS allows display of buyer agent commissions
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
by Andrea V. Brambila Feb 12
Nearly 90% of metros see double-digit price gains in Q4: NAR
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
by Lillian Dickerson Feb 11
NAR: Sanctions for hate speech 'not a slap on the hand'
Members found in violation could receive up to $15,000 fine and termination of membership for up to three years -- but circumstances matter
by Andrea V. Brambila Feb 11
Court throws out pocket listing lawsuit against NAR and MLSs
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'
Inman Handbook on healthy choices for health insurance
Insurance remains a challenge for many agents, many of whom have independent contractor status. But there are more and more options out there
by Jim Dalrymple II Feb 1
RE/MAX starts displaying buyers' agent commission on listings
The move comes in the wake of the agreement between NAR and DOJ concerning Realtor competition
by Patrick Kearns Jan 29
Pending-home sales dip for 4th consecutive month
Despite continuing monthly declines, the Pending Home Sales Index (PHSI) hit an all-time high for the month of December at 125.5
by Lillian Dickerson Jan 29
A commission suit with a twist: It's the buyers who are getting screwed
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
by Andrea V. Brambila Jan 29
Why 'higher' standard doesn't mean 'highest' standard
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
by Teresa Boardman Jan 28
Capitol rioters could face penalties under this NAR policy
Realtors convicted of a 'felony or crime involving moral turpitude' may be subject to discipline under membership rule
by Andrea V. Brambila Jan 22
It's official: Home sales in 2020 soared to highest level in ages
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
by Patrick Kearns Jan 22
Housing construction sees 'biggest bang' since 2006
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
by Patrick Kearns Jan 21
In reversal, NAR pauses federal political donations in wake of Capitol attack
Members call for changes to the Realtors Political Action Committee after lawmakers voted against certifying results of presidential election
by Andrea V. Brambila Jan 19
NAR's midyear conference goes virtual for a second time
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'
by Andrea V. Brambila Jan 18
A comprehensive list of 2021 real estate events — virtual and in-person
With the COVID-19 vaccine rolling out across the country, many companies and associations are planning in-person events for the coming year
Realtor arrested for role in Capitol riot is second agent to be charged
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.'
by Patrick Kearns Jan 15
NAR: Most behavior at Capitol riot does not violate new ethics policy
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
by Andrea V. Brambila Jan 14
Olympic swimmer is first real estate agent to be charged in Capitol riot
Klete Keller, a former Olympian and commercial real estate agent in Colorado Springs, resigned from his brokerage earlier this week
by Patrick Kearns Jan 14
NAR to hold first in-person event in April as pandemic drags on
Trade group says it's monitoring CDC guidelines, host city restrictions, the current trajectory of infections and vaccination rates
by Andrea V. Brambila Jan 14
Zillow will withhold support for all 'sedition caucus' lawmakers
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
by Patrick Kearns Jan 13
Alabama and Georgia Realtors pause efforts to stop eviction ban
Alabama and Georgia Realtors suspend their lawsuit against the Trump administration at least until February after legislation extends moratorium
by Andrea V. Brambila Jan 13
Recordings of Houston agents by rival brokerage reveal commission steering
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
by Lillian Dickerson Jan 12
NAR won't rule out penalties for Realtors who 'stormed the Capitol'
'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
by Andrea V. Brambila Jan 11
Airbnb halts donations to election objectors
The moves come as a number of major companies say they are suspending political campaign contributions through PACs
by Patrick Kearns Jan 11
Real estate leaders speak out against 'mob' — but won't rule out campaign contributions for election objectors
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
by Patrick Kearns Jan 8
NAR, MLSs seek to avoid disclosing competition documents in pocket listing suit
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
National Association of Realtors lays out legislative priorities for 2021
NAR Chief Advocacy Officer Shannon McGahn said the trade organization will fight for tax incentives for homeownership and construction of affordable housing
by Patrick Kearns Jan 4
A look at 2020: A year of reckoning for housing policy and equality
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
by Marian McPherson Dec 31
What NAR can do better to support fair housing in 2021
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
by Teresa Boardman Dec 31
Housing crunch to blame for third month of pending-home sales dips
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
by Patrick Kearns Dec 30
Brad Inman's 21 predictions for '21
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
by Brad Inman Dec 30
Former pocket listing site to relaunch as public-facing
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
by Andrea V. Brambila Dec 29
Everything that happened in 2020, the wildest year of our lives
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
by Jim Dalrymple II Dec 21
Real (Estate) Talk: New challenge for a new year
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
by Lee Davenport Dec 17
Could your brokerage require you to get vaccinated? It's complicated
A National Association of Realtors source told Inman that the trade organization is waiting on guidance from government agencies before issuing any mandates
by Patrick Kearns Dec 17
NAR on historic apology: It wasn't just 'bad agents' who discriminated
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'
by Andrea V. Brambila Dec 11
Homebuyers are becoming more diverse — and facing 'headwinds'
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
by Andrea V. Brambila Dec 11
Former Obama adviser: Expect Biden to prioritize housing
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
by Andrea V. Brambila Dec 11
Job growth slows in November — and real estate sector saw losses
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
by Patrick Kearns Dec 4
Real estate professionals gave back at record levels amid virus: NAR
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
by Marian McPherson Dec 3
Can misgendering someone violate the NAR Code of Ethics? It depends
National Association of Realtors members discussed whether supporting certain political candidates, using the wrong pronouns or opposing same-sex marriage could be hate speech
Does NAR's fair housing simulation work?
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
by Teresa Boardman Dec 3
NAR fills out advocacy team, touts it as 'the envy of Washington'
Bryan Greene, Helen Devlin and Joe Harris are moving up the ranks of the 1.4 million-member trade group's lobbying operation
Discount brokerage REX takes aim at 'real estate cartel'
The brokerage is suing Oregon officials, including Gov. Kate Brown, for 'antitrust' practices, alleging a law that bans brokerages from providing rebates harms consumers
by Patrick Kearns Dec 2
With CoStar in the game, a new real estate chessboard emerges
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?
by Brad Inman Nov 30
October contract signings surge way beyond last year's levels: NAR
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
by Patrick Kearns Nov 30
How buyer love letters can land agents in ethics trouble
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
by Andrea V. Brambila Nov 24
22 common agent practices that violate the Realtor Code of Ethics
Broker and ethics hearing officer Barbara Betts detailed the ways agents misrepresent themselves and the transaction, sometimes inadvertently
by Andrea V. Brambila Nov 24
DOJ-NAR settlement will effectively squash 2 consumer antitrust suits 
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
by Michael Lissack Nov 23
The Real Word: How will a vaccine affect the housing market?
Opinion
This week, Byron Lazine and Nicole White discuss how a vaccine might impact the housing market and NAR’s new ethics changes
by Byron Lazine Nov 20
Agents envision potential shakeup from DOJ-NAR lawsuit
Among other things, the case could ultimately drive down commissions and weaken industry organizations, agents told Inman
by Jim Dalrymple II Nov 19
DOJ sues NAR, alleges illegal restraints on Realtor competition
Proposed settlement would require the trade group to repeal or change several rules the US Department of Justice deems anticompetitive
by Andrea V. Brambila Nov 19
Existing-home sales continue to rise for fifth consecutive month: NAR
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
by Lillian Dickerson Nov 19
Real (Estate) Talk: Is RPAC doing right by 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
by Lee Davenport Nov 19
John Legend to Realtors: 'Hold yourselves accountable' on housing discrimination
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'
by Andrea V. Brambila Nov 18
NAR: After 2020 boost, home sales will leap next year
NAR Chief Economist Lawrence Yun predicts existing-home sales will rise 9% in 2021
by Andrea V. Brambila Nov 18
NAR's golden opportunity: Code of ethics changes aren't the final word
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
by Chris Drayer Nov 17
Why the NAR Expo won't ever be the same
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
by Chris Drayer Nov 17
NAR forum surprises attendees with voter fraud misinformation
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'
by Andrea V. Brambila Nov 16
New NAR policy requires MLSs to process complaints anonymously upon request
Trade group passes new standards for MLSs and local Realtor associations. Future NAR leaders will also have to pass a social media background check
by Andrea V. Brambila Nov 13
NAR passes ethics changes to crack down on social media harassment
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'
by Andrea V. Brambila Nov 13
NAR looks forward to 'centrist public policy' under Joe Biden
NAR expects new administration will restore fair housing rules and support bipartisan legislation related to minority homeownership, first-time homebuyers and housing supply
by Andrea V. Brambila Nov 13
The Real Word: What's NAR's new stance on school rankings?
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
by Byron Lazine Nov 13
NAR ethics changes could 'blow up,' but pull the trigger anyway: Panelists
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
by Andrea V. Brambila Nov 12
NAR shelves controversial proposal to require addresses on MLS listings
Following spirited discussions, a trade group committee approved 8 MLS standards that will now go to the NAR board of directors on Nov. 13
by Andrea V. Brambila Nov 11
NAR considers local mandates for fair housing, diversity and equity
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
by Andrea V. Brambila Nov 11
Coldwell Banker CEO: To close the racial wealth gap, 'be precise'
M. Ryan Gorman and law professor and author Mehrsa Baradaran say solutions must be targeted to those who were harmed by racist policies
by Andrea V. Brambila Nov 10
Schools front and center in NAR anti-steering strategy
The 1.4 million-member trade group says it will help create more accurate third-party information on school quality beyond test scores
For agents in Newsday investigation, steering was a service
At Realtors Conference & Expo, NAR consultant and investigative reporter Bill Dedman discussed what housing discrimination looks like now and why it continues
NAR to launch self-testing program to root out agent discrimination
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'
It's not OK to be Realtor by day and a 'keyboard bigot' by night: NAR
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
Is a Confederate flag hate speech? NAR won't say — for now
The trade group will create 'case interpretations' to help members and enforcement volunteers apply controversial policy changes if they're approved
Enforcers won't be 'sniffing around every facet of your personal life': NAR unpacks hate speech policy
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
Foreign buyer activity is down, but not in 'Zoom cities'
Travel restrictions, uncertainty and the US handling of the pandemic are taking a toll, but outdoorsy vacation spots are still hot among international buyers
by Andrea V. Brambila Oct 30
Pending-home sales take 2.2% hit
The National Association of Realtors' Pending Home Sales Index dropped 2.2%, to 130, in September after 4 consecutive months of contract activity growth
by Lillian Dickerson Oct 29
Avoid violating fair housing laws! Follow these 4 guidelines
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
by Carl Medford Oct 26
Inventory hits record low
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
by Patrick Kearns Oct 22
NAR's proposed ethics changes miss the mark
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
by Teresa Boardman Oct 22
In light of Google lawsuit, are monopolies lurking in the real estate industry?
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?
by Brad Inman Oct 21
Educate yourself before reacting to Code of Ethics changes!
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
by Jay Thompson Oct 21
Beware of scammers offering health insurance to NAR members
Although the National Association of Realtors offers insurance options, an NAR spokesperson warned that the association would not make calls to enroll members
by Patrick Kearns Oct 16
NAR, Morgan Stanley partner to offer financial guidance for Realtors
The 1.4 million-member trade association is partnering with the investment banking giant to offer Realtors guides to investing and saving for retirement
by Patrick Kearns Oct 16
NAR proposes ethics changes to crackdown on social media harassment
The National Association of Realtors says it's gotten 'an unprecedented number of complaints about Realtors posting discriminatory speech and conduct online'
by Andrea V. Brambila Oct 14
Millennials with kids show big appetite for suburban living
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
by Andrea V. Brambila Oct 13
Landlords, lobbyists launch legal battle against eviction moratorium
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
by Lillian Dickerson Oct 13
The Real Word: NAR buyer commission lawsuit continues
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
by Byron Lazine Oct 9
How MLSs can foster and advance fair housing
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
'Paradigm shift': Realtors weigh in on the buyer commission lawsuit
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 denies motion by NAR to dismiss buyer commission lawsuit
Judge Andrea Wood argued that the plaintiffs would have paid 'substantially lower commissions' if not for the buyer broker commission rules
by Patrick Kearns Oct 5
Propy gets cash infusion from 'legendary investor'
Venture capitalist Tim Draper, an early backer of Tesla and Skype, has invested an undisclosed amount in the blockchain transaction startup
4 can't-miss real estate events happening virtually this fall
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
by Victoria Kennedy Oct 2
Former Move industry relations exec sues over alleged sexual harassment
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
by Andrea V. Brambila Sep 30
Pending-home sales soar in August
The National Association of Realtors' Pending Home Sales Index skyrocketed 8.8% year over year in August
'The Color of Law:' Author Richard Rothstein on housing segregation
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
by Katie Lance Sep 22
Existing-home sales soar to highest level since 2006
Total existing-home sales climbed 10.5% from the year prior in August, according to data released Tuesday by the National Association of Realtors
by Patrick Kearns Sep 22
More Realtors are carrying weapons for self-defense
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
by Andrea V. Brambila Sep 14
Former Trump admin official named as NAR's chief advocate
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
by Patrick Kearns Sep 14
How real estate agents can avoid further segregating the suburbs
As urban buyers look for more space, agents need to be increasingly wary of racial steering
by Patrick Kearns Sep 11
Fall is the new spring in real estate
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
FHA homeowners have the most to lose during economic upheaval
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
by Marian McPherson Sep 4
National Association of Realtors takes advertising campaign global
The National Association of Realtors added more languages to its marketing partnership with Photofy to help Realtors capture more foreign business
by Patrick Kearns Sep 4
July pending home sales rise 5.9%
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
by Lillian Dickerson Aug 27
Fannie and Freddie refinance fee delayed until December 1
The fee will no longer apply to refinance loans with balances below $125,000 or to the government-sponsored enterprises' affordable refinance products
by Andrea V. Brambila Aug 27
Existing home sales skyrocket amid pandemic, inventory down
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
by Jim Dalrymple II Aug 21
NAR, MLSs strike back against antitrust suit over pocket listing policy
The trade groups allege that it is Pocket Listing Services' business model that is anticompetitive and harms homebuyers and sellers
by Andrea V. Brambila Aug 19
Bidding wars get brutal as buyers chase dwindling supply
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.'
by Jim Dalrymple II Aug 14
Kamala Harris' record on real estate is mixed
The Democratic vice presidential candidate believes 'housing is a human right' and has proposed legislation for mortgage and rent relief amid the pandemic
by Andrea V. Brambila Aug 12
NAR promotes Andréa Moore to VP of diversity, inclusion
The human resources exec will be responsible for the 1.4 million-member association's internal diversity and inclusion strategies
by Patrick Kearns Aug 12
The demise of cities? Not so fast: Metro home prices skyrocket in Q2
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
by Patrick Kearns Aug 12