US existing-homes sales plunge in April as inventory climbs above 1M
Economic headwinds and booming interest rates pushed sales down by 3.4% in April as inventory soared 7.2% above March, according to National Association of Realtors data released Thursday
by Marian McPherson May 18
6 takeaways from NAR's midyear conference
From voting to raise membership dues to requiring fair housing training to learning best practices for artificial intelligence, Realtors are steering their own fate in the industry
by Andrea V. Brambila May 18
With lawsuits in play, NAR Midyear treads lightly with commission talk
At the Realtors Legislative Meetings, NAR attorney Charlie Lee stressed agents can't count on a 'standard' commission and will have to negotiate compensation with clients and listing brokers
by Andrea V. Brambila May 17
Danger ahead: MLSs consider agent alerts for perilous properties
At the National Association of Realtors' midyear conference, a committee on Realtor safety suggested adding MLS data fields to signal hazards such as bad cell service and limited visibility
by Andrea V. Brambila May 17
Submissions open for 5th annual NAR startup Pitch Battle
The Pitch Battle offers real estate technology startups the opportunity to showcase their tech to industry-leading investors for the chance to win $15,000
by Ben Verde May 15
NAR votes to require fair housing training for all 1.5M Realtors
Members will be required to complete 2 hours of fair housing training every 3 years beginning in 2025 following a vote Thursday by the National Association of Realtors' board of directors
by Andrea V. Brambila May 12
NAR votes to raise membership dues in alignment with inflation
The National Association of Realtors voted Thursday to tie annual membership dues to the Consumer Price Index. Its board separately voted to increase annual dues by 4% to $156 next year
by Andrea V. Brambila May 11
'AI terrifies me': Tips for Realtors on how to avoid the new tech's pitfalls
At NAR's midyear conference, Senior Counsel Chloe Hecht offered best practices to help navigate artificial intelligence without running afoul of copyright law or the Realtor Code of Ethics
by Andrea V. Brambila May 10
NAR chief economist: 'The Fed made a mistake'
At the Realtors Legislative Meetings' Residential Economic Issues and Trends Forum, Lawrence Yun predicted total home sales would bottom out this year before ticking up in 2024
Fair housing training for agents will be mandatory under NAR proposal 
The National Association of Realtors' Board of Directors will vote Thursday on requiring its 1.5M members to complete 2 hours of fair housing training every 3 years beginning in 2025
Miami Realtors get free Milestones Labs home management app
Sixty thousand South Florida agents and brokers will be able to provide buyers and sellers with self-branded online homeowner portals, the Miami Association of Realtors announced Tuesday
NAR membership dues would rise with inflation under new proposal
To cover an expected budget deficit, the National Association of Realtors' Finance Committee has proposed aligning dues with the Consumer Price Index, increasing the likelihood of annual hikes
NAR raises alarm on  floor plan use, vacant lot scams, 'unfair' contracts
Charlie Lee, the National Association of Realtors' senior counsel, spoke on legal issues impacting agents at the MLS Association Executives Session at the Realtors Legislative Meetings on Sunday
washington dc
The Realtors Legislative Meetings will run May 6-11 and some sessions will be live-streamed for National Association of Realtors members. Here's everything to look for as the conference starts
Value of promoting sustainability in listings keeps falling, Realtors say
An Inman analysis of NAR data on residential sustainability over the past 7 years reveals that fewer agents and brokers believe touting energy efficiency in listings elicits meaningful results
How union strikes like the Writers Guild of America impact real estate
From negative effects on the supply chain to confidence in the market, major union strikes like the WGA walkout and others before it can have a palpable impact on the real estate industry
REACH turns 10: Inside the NAR tech accelerator's success rate
Since the accelerator launched a decade ago, 80 companies have graduated from the program, an Intel analysis shows. More than 75% are still in business and about 20% have been acquired
Pending home sales end 3-month streak of upticks in dismal March
The Pending Home Sales Index dropped by 5.2% in March to a reading of 78.9 — 23.2% lower than March 2022 levels, according to data released by the National Association of Realtors
by Ben Verde Apr 27
After isolated uptick, existing-home sales shift gears in March
Existing-home sales fell 2.4% in March to a seasonally adjusted annual rate of 4.44M — 22% lower than a year earlier, according to data released Thursday by the National Association of Realtors
by Ben Verde Apr 20
NAR selects 7 firms for its US real estate tech program, REACH
Flock, HighNote, Plus Platform, Prisidio, Real Grader, Summer and Tongo are the 11th class to participate in Second Century Ventures' REACH program, according to an announcement Tuesday
by Andrea V. Brambila Apr 12
LGBTQ+ Real Estate Alliance takes 'Article 10 Rule' campaign to Texas
In the wake of increasing anti-LGBTQ+ legislation in Texas, the LGBTQ+ Real Estate Alliance has called Texas Realtors and TREPAC to evaluate political candidates' credibility
by Marian McPherson Apr 12
3 ways NAR's latest staging data can help sell your listing
Although home staging can be a valuable tool in your marketing arsenal, it can’t do everything. Here’s the latest from NAR’s 2023 staging survey
by Christy Murdock Apr 11
Joint venture owned by CRMLS, Bright begins selling MLS data 
REdistribute aims to aggregate and distribute data for MLSs and participating brokers, sell it to institutions — including government-sponsored entities — and share the revenue with brokers
Home staging dips in popularity as fewer agents make the effort: NAR
The National Association of Realtors' 2023 Profile of Home Staging reveals a quarter of all staging efforts yield additional profits of up to $18,935 for a median-priced home
by Marian McPherson Apr 3
'Stop arguing and start adjusting': Agents react to class-action ruling
From 'NAR is toast' to 'don't make any rash decisions,' real estate agents, executives and thought-leaders offered their thoughts on the explosive Moehrl class certification ruling Wednesday
by Andrea V. Brambila Mar 31
What are the different types of real estate agents?
All real estate agents are not created equal. There are different types of agents just as there are different types of transactions and many different areas of specialization
by Christy Murdock Mar 31
Bombshell multibillion-dollar commission suit now a class action
A judge on Wednesday granted class certification in a federal commission suit that could rock the real estate industry and impact how agents are compensated nationwide
by Andrea V. Brambila Mar 29
DOJ appeals NAR win in probe of commission, pocket listing rules
The antitrust enforcer wants a higher court to overturn a ruling that limits its investigation into the Realtor trade group's Participation Rule and Clear Cooperation Policy
by Andrea V. Brambila Mar 28
Rent peaked in February 2022. Here’s why it’s still driving inflation
Private indices show that rent peaked in early 2022. But the impact of the rapid increase in rent could still show up in inflation readings for months, economists told Inman
by Taylor Anderson Mar 28
Boomers strike back: Older buyers unseat millennials as top cohort
Baby boomers have long enjoyed advantages over millennials in the home market. Now, they outnumber them, according to data released Tuesday by the National Association of Realtors
by Daniel Houston Mar 28
At Bespoke Real Estate, racial slurs were part of the job, new suit claims
Jarret Willis, a Black agent who worked at the Hamptons-based luxury brokerage, was smeared by epithets, including 'Jafar' in reference to the 'Aladdin' Disney movie, a white colleague claims
by Lillian Dickerson Mar 23
Falling existing-home sales reverse as record-streak of price hikes end
Existing-home sales surged 14.5% in February, reversing a yearlong trend of falling transactions from one month to the next, according to data Tuesday by the National Association of Realtors
by Ben Verde Mar 21
Facade Flags Justice Department Building Washington DC
In an amicus brief the antitrust enforcer argues that a lower court incorrectly tossed a case filed by Top Agent Network over the National Association of Realtors' pocket listing policy
by Andrea V. Brambila Mar 14
NAR appoints top-producing agent Jennifer Wauhob to leadership team
Wauhob, who leads a 7-agent team for Better Homes and Gardens Real Estate Gary Greene in Houston, will take up the role of VP of association affairs following the death of Margo Wheeler
A gap in a concrete bridge
The National Association of Realtors said increasing the nation's inventory is 1 solution to address homeownership gap. The trade group is eying 3M net new Black homeowners by 2030
Pending home sales rose in January — but those gains are unlikely to last
The Pending Home Sales Index jumped 8.1% to a reading of 82.5 in January before mortgage rates began another climb, according to data released Monday by the National Association of Realtors
by Ben Verde Feb 27
NAR rolls out 5th 'That's Who We R' ad campaign after fee hike
The campaign's core message this year is 'here for it all' with the aim of showing how the nation's more than 1.5 M Realtors work to make the dream of property ownership a reality
by Andrea V. Brambila Feb 24
Existing-home sales fell every single month in 2022, new NAR data shows
US existing-home sales slid 0.7% between December and January to a seasonally adjusted annual rate of 4M, according to new data released Tuesday by the National Association of Realtors
by Ben Verde Feb 21
Nearly two-thirds of brokerage sites aren't displaying commissions
Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined
by Andrea V. Brambila Feb 16
National Association of Realtors' Canadian twin is betting big on tech
The Canadian Real Estate Association, which owns and controls Canada's most popular listing site, is spinning it off into a tech startup. Ex-CREA Chair Cliff Stevenson shared what's in store
by Andrea V. Brambila Feb 15
90% of all US metros charted price jumps in Q4 despite big rate hikes
Existing-home sales prices increased in nearly 90% of metro areas, but gains were smaller than the previous quarter, according to data released Thursday by the National Association of Realtors
by Ben Verde Feb 9
Nation's largest MLS will use AI to catch listing compliance issues
California Regional MLS teams up with investee Styldod to improve handling of listing photos and rule violations and to someday provide revenue back to agents and the MLS for their data
2023 may sink some agents — and that may not be a bad thing
Economic downturns have historically shrunk the number of practicing Realtors. But those who stick around can end up doing even more deals, economists told Inman Intel
by Jim Dalrymple II Feb 1
NAR-DOJ ruling divides agents over commission, pocket listing rules
Agents and brokers who spoke to Inman following the ruling in favor of NAR disagreed on who is 'overreaching' in the case and on whether changes to the controversial rules are necessary
Pending home sales trend up for first time since last spring
In a positive sign for the real estate industry — and the spring homebuying season — pending home sales rose in December for the first time since May 2022, increasing 2.5% from November
by Lillian Dickerson Jan 27
Federal court rules in favor of NAR in longtime DOJ probe
District court judge sets aside US Department of Justice 2021 demand for information from the National Association of Realtors on buyer broker commission and pocket listing rules
by Andrea V. Brambila Jan 26
Existing-home sales dip for 11th month, but NAR sees light ahead
Existing-home sales fell 1.5% nationally between November and December while plunging 34% from December 2021, according to data released Friday by the National Association of Realtors
by Ben Verde Jan 20
Number of Realtors hits new record high for 4th-straight year
National Association of Realtors' membership edged ever closer to 1.6M in 2022 but the trade group expects a drop this year, according to data provided to Inman
by Andrea V. Brambila Jan 13
US Supreme Court denies NAR petition in pocket listing case
The nation's highest court will not be weighing in on whether the real estate trade group's Clear Cooperation Policy violates antitrust laws. The case proceeds in a lower court
by Andrea V. Brambila Jan 10
Existing-home sales drop in November as median prices inch up
Sales of existing homes in November fell 7.7% to a seasonally adjusted annual rate of 4.09M, according to data released Wednesday by the National Association of Realtors
by Ben Verde Dec 21
Two wolves fighting
The Sitzer/Burnett trial has been delayed until after a higher court rules on an appeal from HomeServices of America
by Andrea V. Brambila Dec 16
Top lenders
Turner is a former entrepreneur in residence for NAR venture capital arm Second Century Ventures and a co-founder of Realtor association management platform Tangilla
by Andrea V. Brambila Dec 14
The PLS to Supreme Court: Deny NAR petition in pocket listing suit
In a new brief, the former pocket listing service argues NAR limited competition to its Realtor-affiliated MLSs 'by conspiring to destroy the livelihood of any dissenting real estate agent'
by Andrea V. Brambila Dec 12
Calling all startups: NAR's tech accelerator is taking applications
The National Association of Realtors' venture capital arm Second Century Ventures runs REACH, which debuted in 2012 and has invested in more than 200 startups over the years
Pending sales fell in October for the fifth month in a row
Rising rates and nervous consumers have set up the housing market for its 'slowest fourth quarter in a decade,' according to one economist
by Jim Dalrymple II Dec 1
Local association's revenue bump funds national ad campaign
Broward, Palm Beaches and St. Lucie Realtors' 'Only a Realtor' commercials are a 'local contribution to creating a national movement,' the association says
by Andrea V. Brambila Nov 30
NAR venture capital arm launches tech accelerator in Latin America
The launch marks the 1st time the accelerator, REACH, will accept applications from companies in a non-primarily English-speaking region. Real estate startups can apply through February
by Andrea V. Brambila Nov 29
NAR shuts down bid to end no-commingling rule, Zillow reveals
Zillow Senior Director of Broker Operations Matt Hendricks said the portal petitioned NAR to stop allowing MLSs to ban brokers from displaying MLS listings with non-MLS listings online
by Andrea V. Brambila Nov 23
Mortgage rates dropped faster this week than at any time in 40 years
The fall from 7.08% to 6.6% would save buyers approximately $100 a month on a median priced home, according to a report released Thursday from Redfin
by Taylor Anderson Nov 18
Existing-home sales slip for ninth-consecutive month in October
Sales of existing homes fell 5.9% to a seasonally adjusted rate of 4.43M — 28.4% lower than in October 2021, according to data released Friday by the National Association of Realtors
by Ben Verde Nov 18
NAR passes proposals to encourage MLS data sharing statewide
Aiming to compete with search portals, NAR will create a toolkit with resources, best practices and case studies that MLSs will be able to use if they choose to share listing data within a state
by Andrea V. Brambila Nov 18
NAR leaders must undergo sexual harassment, diversity training
The trade group's board of directors also passed policies on nepotism and on a process for removing National Association of Realtors officers
by Andrea V. Brambila Nov 17
'Panicked' sellers are turning to Opendoor later in the game: Exec
Opendoor Director of Strategic Partnership William Holmes said at Connect Now on Thursday that sellers are increasingly requesting offers from the iBuyer after listings hit the market
by Taylor Anderson Nov 17
NAR's new president to spearhead Realtor brand roadshow
A key initiative for the trade group's 2023 President Kenny Parcell is a 'member activation tour' that will stop or host events in every U.S. state over the next year
by Andrea V. Brambila Nov 16
NAR votes to end use of the term 'handicap' in Realtor Code of Ethics
The highest governing bodies of the National Association of Realtors have amended the Realtor Code of Ethics to replace references to 'handicap,' considered offensive by many, with 'disability'
by Andrea V. Brambila Nov 14
NAR incentives plan for MLSs, local Realtors goes back to drawing board
On Monday, the National Association of Realtors' board approved every proposal except one that would have created a program to incentivize local associations and Realtor-affiliated MLSs
by Andrea V. Brambila Nov 14
NAR chief economist expects price of office space and apartments to dip
Lawrence Yun expects employees to spend 25% to 35% less time in the office, keeping downward pressure on office rent. The multifamily sector also saw prices drop with high borrowing rates
by Taylor Anderson Nov 14
NAR chief economist predicts 'strong rebound' in 2024
Lawrence Yun said home prices will rise 1% and sales will dip 7% next year before recovering in 2024, in contrast to a Fannie Mae forecast last month that predicted falling prices next year
by Andrea V. Brambila Nov 14
Political analysts at NAR: 'The politics of our country is broken'
Karl Rove, deputy chief of staff to President George W. Bush, and April Ryan, the longest-serving Black female White House correspondent, spoke at NAR's Legislative and Political forum
by Andrea V. Brambila Nov 14
In an era of divisiveness, be the brand to trust
TheSkimm co-founders Danielle Weisberg and Carly Zakin took to the virtual stage at the National Association of Realtors' annual conference, NAR NXT, on Friday
by Andrea V. Brambila Nov 11
Annual home price gains fall to single digits in most markets: NAR
Annual home price growth fell from 14% in the second quarter to below 9%, according to the National Association of Realtors latest quarterly metro home price report, released Thursday
by Daniel Houston Nov 10
Tropical Storm Nicole plunges NAR conference guests into uncertainty
As Nicole carves its path, likely thousands of Realtors have had flights canceled and are unable to reschedule, waiting to see if their reservations hold or exploring travel alternatives
A misty forest
North Carolina regulators are investigating alleged predatory and deceptive practices by Florida-based MV Realty, which operates in 33 states and has more than 500 licensed agents
What to watch for at NAR's annual conference this week
NAR NXT in Orlando will feature sessions on fair housing, politics, market forecasts, MLS data-sharing and a proposed update to the Realtor Code of Ethics, among other topics
Share of first-time buyers plummets to lowest level since 1981: NAR
Rising home prices, mortgage rates and inflation cut the share of first-time buyers to 26% — the lowest level since the National Association of Realtors began surveying buyers and sellers in 1981
by Marian McPherson Nov 3
Pending home sales retreat 10.2%
Pending sales fell 10.2% between August and September, according to new data released Friday by the National Association of Realtors, 31% lower than they were during the same time last year
by Ben Verde Oct 28
Even in a topsy-turvy market, some agents are still drawing tons of bids
Even as home prices and rates hit record highs, it's still possible to attract multiple offers when a property stands out or it's priced to sell. 'We priced it right — right away,' one agent told Inman
by Ben Verde Oct 28
Widow sues Compass for alleged abuse in pocket listing sale
The lawsuit alleges Compass agent Cory Cooper pressured an elderly homeowner to sell her property off the multiple listing service to a real estate investor he knew
by Andrea V. Brambila Oct 27
Level up! Grow your skills this fall with designations and certifications
If you are looking to niche down your business and learn to be an expert, there is a designation or certification out there to help support your education
by Rachael Hite Oct 21
Judge orders Zillow to give REX FSBO listing data
Federal court in Seattle grants discount brokerage's motion to compel on the grounds that the data could show whether Zillow and NAR caused harm to REX or to competition in general
by Andrea V. Brambila Oct 20
California Association of Realtors apologizes for racist past policies
'The Association was wrong.' The trade group says it's taking 'bold action' to address the legacy of discrimination that continues to impact access to housing today
by Andrea V. Brambila Oct 20
Rent-to-own startup Landis raises $40M from Google, Jay-Z and NAR
The new Series B funding will go toward boosting the company's homeownership coaching program, growing its team and expanding to new markets
by Andrea V. Brambila Oct 18
How much does a real estate agent make?
From the hours agents put in to the years of experience they have, several variables determine what kind of income agents can bring in any given year
by Lillian Dickerson Oct 14
Inflation up 8.2% over last year — and housing is largely to blame
Government’s estimate of the cost of owning a primary residence rose 0.8% in September and was up 6.7% compared to a year ago, which is the largest 12-month increase in the category's history
by Daniel Houston Oct 13
Minneapolis Realtors apologize for racial discrimination in real estate
'Minneapolis Area Realtors apologizes to all members of the community who have been burdened, denied service, or ignored by our actions.' Trade group also releases policy changes
by Andrea V. Brambila Oct 12
Seeking clout, MLS trade group taps ex-DOJ and FTC antitrust lawyers
The Council of Multiple Listing Services has hired Alicia Batts and Dylan Carson to help the trade group exert influence over MLS-related decisions at the antitrust enforcement agencies
Court thwarts NAR, orders execs to turn over evidence in REX case
Brokerage argued that Bob Goldberg and Katie Johnson, among others, were responsible for NAR policies 'limiting both how homes are listed online and the negotiation of commissions'
Court orders Anywhere to hand over NAR commission rule documents
Judge M. Page Kelley noted the real estate holding company formerly known as Realogy allegedly perpetuated NAR and MLS PIN's 'substantively identical' buyer broker commission rules
'Don't wait until the plane crashes': Lawyers offer grim antitrust update
Chris Osborn, Mitch Skinner and Claude Szyfer offered an update on multiple industry antitrust lawsuits at the Council of Multiple Listing Services' annual conference
by Andrea V. Brambila Sep 30
Presale home renovation startup Revive wins NAR 'Pitch Battle'
Revive takes home the $15,000 cash prize from a contest hosted by NAR’s for-profit investment subsidiary Second Century Ventures. It was one of 12 startups to compete in the contest
by Andrea V. Brambila Sep 30
What haunts MLS leaders? Politics, commissions and their own demise
At the Council of Multiple Listing Services' annual conference, CEOs discussed being ready for the possible death of the commission structure and why MLSs should be run as businesses
by Andrea V. Brambila Sep 30
A man splitting a log
Denee Evans, Art Carter and Errol Samuelson lay out a vision of the MLS as the ultimate real estate data source at the Council of Multiple Listing Services' annual conference
by Andrea V. Brambila Sep 29
NAR asks US Supreme Court to overturn pocket listing ruling
An appeals court allowed The PLS's case against the Clear Cooperation Policy to proceed in April, but NAR hopes a review from the nation's highest court will change that
by Andrea V. Brambila Sep 29
REX seeks court order for Zillow listing data on FSBOs
Court sets new trial date for June 5, 2023, as the legal battle over the National Association of Realtors' no-commingling rule continues
by Andrea V. Brambila Sep 28
Pending home sales fell for the third-straight month in August
Pending home sales dropped 2 percent between July and August, with 3 out of the 4 major regions in the United States experiencing monthly declines, according to new data from NAR
by Ben Verde Sep 28
Judge 'baffled' why Anywhere won't give up NAR commission rule docs
Judge M. Page Kelley pushed back against the real estate holding company formerly known as Realogy, noting that NAR's broker commission rule is 'virtually identical' to that of MLS PIN
by Andrea V. Brambila Sep 26
LGBTQ+ Real Estate Alliance calls on RPAC to adopt 'Article 10 Rule'
In the wake of Florida Realtors' support of anti-LGBTQ Gov. Ron DeSantis, the LGBTQ+ Real Estate Alliance has called on NAR and RPAC to evaluate political candidates' credibility
by Marian McPherson Sep 23
Court orders REX to give Zillow list of employees who kept laptops
Zillow had emphasized that the information contained on the laptops of REX's former employees could potentially point to other reasons for REX's downfall unrelated to Zillow or NAR
by Andrea V. Brambila Sep 21
Realtor associations gave nearly 21% more to charity in 2021
NAR report highlights donations and volunteer hours to community nonprofits and Realtor associations. In 2021, Realtor associations donated a median of $12,070 to community nonprofits
by Andrea V. Brambila Sep 20
Anywhere fights sellers' bid to give up docs on NAR commission rule
Federal court will hold oral arguments later this month on whether franchisor's implementation of the policy nationwide is relevant to homesellers' case in the MLS PIN service area
by Andrea V. Brambila Sep 14
These 12 startups will go head-to-head at NAR's 'Pitch Battle'
Contestants offer tools for virtual agent coaching, real estate investing, floor plans, inspections, property co-ownership, secure document storage, rentals, home renovation and agent finances
by Andrea V. Brambila Sep 13
After 2 years of hikes, rental market may be bound for 'complete reversal'
Yet another sign of a widespread housing slowdown emerged as monthly rent price acceleration declined after 20 consecutive months of rapid increases, new data suggests
by Taylor Anderson Sep 13
An umpire waving a flag
An antitrust case filed by Arizona broker Grady Hillis is now dead. The National Association of Realtors insisted the lawsuit was 'frivolous,' 'meritless' and 'recklessly thrown together'
Zillow to REX: Let's unite against NAR's 'no-commingling rule'
Legal battle of wills rages on as the 3 parties have motions to compel pending before the court. On Tuesday, REX pushed back against Zillow’s motion to compel, calling it a 'fishing expedition'
MLS-listed homes sell for more, a new study claims. But there's 1 twist
Critics raise issues over conclusion that listing homes on the MLS is what caused higher sales prices and faster transactions, especially if NAR rules mean MLSs have a thumb on the scale
by Andrea V. Brambila Aug 31
What is 'Barbiecore'? Design trend pretty in pink as 'Barbie' flick nears
The design trend of the moment includes — you guessed it — lots of pink, frills, vintage finds, florals, curvy furnishings and beds evocative of clouds. Barbie wouldn't have it any other way
by Lillian Dickerson Aug 26
Colorado MLS first to rescind controversial listing display rule
After nearly 2 decades, REcolorado has eliminated NAR's optional no-commingling rule, which is the subject of an antitrust lawsuit
by Andrea V. Brambila Aug 25
Zillow seeks court order over REX laptops allegedly kept as 'severance'
On Friday, Zillow filed a motion to compel REX to identify employees who left the discount brokerage with laptops that could hold evidence relevant to an ongoing antitrust lawsuit
by Andrea V. Brambila Aug 25
WATCH: How will buyer's agents make money if the DOJ wins?
The ongoing lawsuits and investigation into US industry practices could alter how buyer's agents make money on the typical home sale, panelists said earlier this month at Inman Connect
by Daniel Houston Aug 25
Pending home sales post modest decline in July after a rocky June
Pending transactions were down 19.9% year over year, but just 1% month over month, according to data released Wednesday by the National Association of Realtors
by Ben Verde Aug 24
Revive Real Estate hires former NAR incubator executive
Real estate venture capitalist Kia Nejatian joins the renovation startup as the company anticipates growth in a buyer's market
by Andrea V. Brambila Aug 23
Florida Realtors and landlords team up to fight rent control, file lawsuit
The proposed ordinance in Tampa threatens landlords with jail time if they raise rent more than 5% a year. Landlords and Realtors vow to fight back seeking to block a cap on rent hikes
by Taylor Anderson Aug 19
International buyers are back — and they're eyeing secondary markets
Just as US homebuyers did 2 years earlier, luxury international buyers are rushing to secondary cities with investment potential, including Austin, Boise and... Bentonville, Arkansas?
by Lillian Dickerson Aug 19
Agent charged in Capitol attack gets 30 days in jail, probation
John MacMillan Cameron, of Port Orchard, Washington, pleaded guilty to a misdemeanor and admitted his participation in the riot as part of a plea agreement, according to court documents
by Andrea V. Brambila Aug 17
Plaintiffs end suit accusing companies of defrauding agents
Former sales reps drop claims that Move, its parent company News Corp. and the National Association of Realtors discriminated against them and used them to lie to agents
by Andrea V. Brambila Aug 17
Home price growth is scaling back, but not everywhere at once: NAR
Single-family homes saw a double-digit annual rise in sale prices in 148 of 185 metro markets in Q2, but overall numbers point to a housing market in opening stages of a cooldown, report says
by Daniel Houston Aug 11
Real (Estate) Talk: Is this overzealous charity work or rightful amends by NAR?
Historical inequities in the real estate industry created harm, and we have a collective responsibility to make it right, or at least better
by Lee Davenport Aug 9
Realtor income rose by double digits in 2021: NAR
The trade association's 2022 report finds that the median gross income for Realtors overall grew 25.3% last year, but the increase was smaller for sales agents
by Andrea V. Brambila Jul 28
NAR chief economist: Don't expect big changes in mortgage rates
Speaking at NAR's Real Estate Forecast Summit on Wednesday, Chief Economist Lawrence Yun said 'inventory is turning' and the housing market is heading back toward a pre-COVID normal
by Andrea V. Brambila Jul 28
Commission study paid for by HomeServices comes under fire
The study argues that decoupling commissions would harm first-time, low-income, and minority buyers, but critics like the Consumer Federation of America say it's based on a faulty premise
by Andrea V. Brambila Jul 27
Pending home sales take nosedive in June, signaling a bleak August
Pending home sales dropped 8.6% in June, suggesting a drop in home closings just around the corner, according to figures released Wednesday by the National Association of Realtors
by Ben Verde Jul 27
Northwest MLS eliminates broker commission sharing as default
Effective Oct. 3, NWMLS's forms will specify that buyer broker compensation will come directly from sellers and offer new options for how listing agents and buyer agents will be paid
by Andrea V. Brambila Jul 22
Anti-LGBTQ Missoula pastor takes fight from court to state senate
Pastor and Realtor Brandon Huber lost his religious discrimination suit against the NAR and the Montana Organization of Realtors. Now he's working to dismantle NAR's hate speech provision
by Marian McPherson Jul 21
Vanguard Properties promotes industry leader to executive role
Nina Dosanjh has worked in real estate for 12 years. She acts as treasurer for the San Francisco Association of Realtors and was named among Inman's Real Estate Influencers of 2017
by Taylor Anderson Jul 20
The international buyer pool dropped to a new low last year
Foreign buyers, either noncitizens living in the US or those with permanent homes outside the country, scooped up 98,600 existing homes between April 2021 and March 2022, NAR reports
by Taylor Anderson Jul 20
Home sales fall for 5th month as median prices hit record high
Sales of existing homes ticked down 5.4% between May and June, falling 14.2% from a year ago, as median prices rose to $416,000, according to the National Association of Realtors
by Ben Verde Jul 20
New MLS company will sell data, pay brokers for their listings
REdistribute, a joint venture formed by California Regional MLS and Bright MLS, plans to deliver aggregated MLS data to financial institutions starting in 2023
by Andrea V. Brambila Jul 14
What to know as the bombshell commission case moves forward
The Moehrl suit has class-action status, and after a new ruling it looks like that status is going to stick as a trial looms in the future
by Jim Dalrymple II Jul 9
More than 700 agent steering calls suggest price-fixing, lawyers charge
In new court filings in the Moehrl case, lawyers singled out hundreds of phone calls — far more than previously reported — in which agents steered business away from discount brokerage REX
4 commission charts that explain both sides of the Moehrl conflict
The homeseller plaintiffs hope to show the need for change in how agents are paid, while NAR and major real estate franchisors aim to show the status quo is working just fine
It's baaack! Homebuyer commission suit against NAR rises from ashes
On Wednesday, 8 homebuyers filed an amended complaint, once thought to be dead, against NAR, Realogy, Keller Williams and others alleging NAR rules have inflated agent commissions
'Longstanding conspiracy': Why the bombshell commission suit matters
Millions of homesellers across the country may be able to seek billions in damages for commissions they paid to buyer agents between 2015 and 2020. Here's why it matters
'Radical' and 'doomed': The case against the 'bombshell' Moehrl suit
The real estate establishment's latest salvo against the so-called 'bombshell' buyers' agent case is a sprawling, 3,000-page argument against granting class-action status in the Moehrl federal suit
LGBTQ+ Real Estate Alliance blasts NAR for supporting Anti-LGBTQ candidates
In a 3-page letter on Wednesday the LGBTQ+ Real Estate Alliance called out the Realtor Political Action Committee for supporting anti-LGBTQ candidates as NAR lobbies for LGBTQ rights
by Marian McPherson Jun 30
Pending home sales climb in May following 6 months of declines
But the modest 0.7% increase shouldn't discount clear evidence of a transition spurred by high prices and mortgage rates, according to new data from the National Association of Realtors
by Ben Verde Jun 27
Industry vet Melissa Kwan's latest company to power REACH class
'I’m particularly excited to partner with REACH to help their portfolio companies solve the exact problem that eWebinar was created to solve,' said eWebinar cofounder, former Spacio CEO, Kwan
by Craig C. Rowe Jun 22
US existing-home sales prices tally new record after topping $400K
Total sales of existing homes, condos and co-ops dropped 3.4% between April and May to a seasonally adjusted rate of 5.4M, according to new data from the National Association of Realtors
by Ben Verde Jun 21
How to convert leads so you’re eligible for exclusive lead networks
Many agents are searching for leads to bump themselves out of a summer sales slump. Not just any agent can qualify for exclusive leads where conversion metrics matter, but here are a few tips to give yourself a leg up
by Chris Heller Jun 14
Appeals court rejects NAR class certification challenge in lawsuit
The ruling means that Sitzer/Burnett moves forward as a multibillion-dollar class action, currently headed for trial in February 2023
Real estate agents received billions in PPP loans during the pandemic
More than $3.9B in pandemic-relief loans went to single-employee real estate entities, according to a new report. Nearly 80% of that amount was forgiven
by Daniel Houston Jun 6
The labor shortage is real. But its impact on real estate will surprise you
The latest jobless numbers show US unemployment is holding steady at a very low 3.6%. In real estate, this situation may offer a slight counter trend to rising rates and inflation
by Jim Dalrymple II Jun 6
KW demands REX turn over audio recordings in commission suit
The real estate franchisor has subpoenaed the discount brokerage for recordings of all in-bound calls, not just those purporting to show agent steering, in multibillion-dollar class-action case
The Real Word on real estate-related reality TV
This week, Byron Lazine and Nicole White discuss real estate-based reality shows, Google searches for 'housing bubble' and NAR spending
by Byron Lazine May 31
'Not with a bang but a whimper': Why REX 'shuttering' doesn't really matter
During its tenure, REX made a lot of noise in court, but not so much in the marketplace. Now, as they appear to have bowed out of the fight, at least in part, Jay Thompson is left wondering what all of the fuss was about
by Jay Thompson May 31