Prices and politics drag pending home sales down to new low in July
Buyer anxiety around prices and the election precipitated the fall as the National Association of Realtors' Pending Home Sales Index declined 5.5%, to 70.2, the lowest index reading in 23 years
by Marian McPherson Aug 29
Monestier hero
In a new report, University of Buffalo contracts law professor Tanya Monestier details ways in which contracts allow buyer agents to collect more compensation than agreed-to with the buyer
by Andrea V. Brambila Aug 27
I'm a listing agent. Do I need buyer agreement proof before showings?
Opinion
With confusion around the new commission rules, compliance expert Summer Goralik unpacks whether listing agents should verify signed buyer-broker agreements before showing a property
by Summer Goralik Aug 27
Realtors file suit against Move, NAR over 'fake leads' scheme
The 8 Realtors are seeking class action status in their lawsuit against Realtor.com for allegedly selling unvetted and fraudulent buyer and seller leads
by Marian McPherson Aug 26
Homie
The suit accuses NAR and major franchisors of breaking antitrust laws. The company's complaint includes alleged text messages in which agents refused to show Homie listings
by Jim Dalrymple II Aug 22
US housing market still 'sluggish' despite existing-home sales gains
Existing-home sales tallied a 1.3% uptick in July following 4 months of declines, according to NAR data released Thursday. However, market headwinds have kept sales sluggish compared to 2023
by Marian McPherson Aug 22
Consumer group behind Moehrl flags commission workarounds
Doug Miller of Consumer Advocates in American Real Estate, the initiator behind the first bombshell antitrust lawsuit, sounds alarm against Realtor talking points that 'continue steering'
by Andrea V. Brambila Aug 21
You've got mail: NAR settlement class notices head to consumers
Consumers will learn of the commission settlement via a website, emails and postcards. Claims from homesellers hoping to claim some of the settlement money are due by next May
by Jim Dalrymple II Aug 20
When is a buyer contract required? At showings — but not open houses
The National Association of Realtors' proposed settlement agreement requires brokers and agents to sign contracts with buyers they're 'working with.' But what exactly does that mean?
by Andrea V. Brambila Aug 20
'Business as usual': Hiccups but few calamities as NAR rules roll out
New National Association of Realtors rules kicked in Saturday. By Monday, agents said they were fielding questions from clients, among other hurdles, but not seeing widespread chaos
In historic first, Nykia Wright named first female CEO of NAR
Wright has served as NAR’s interim CEO since November after she replaced Bob Goldberg. She was instantly thrust into leading an organization in turmoil
by Taylor Anderson Aug 19
Michael Ketchmark: Every move you make, we'll be watching you
In a phone interview, lead plaintiffs' counsel Michael Ketchmark weighed in on the consequences of violating the NAR settlement, Zillow's business model, and the 'monster case' that remains
by Andrea V. Brambila Aug 19
Watch out for these 3 pitfalls to avoid pricey fines in your future
Steep fines can stack up and swiftly put you in a sticky situation. What's worse is when it's your competition turning you in. Trainer Rachael Hite tells you how to stay on the right side of the rules
by Rachael Hite Aug 19
Landmark real estate commission rules officially go into effect today
The new rules are the result of the National Association of Realtors' major antitrust settlement. They're poised to change how agents are paid and how real estate consumers search for homes
by Jim Dalrymple II Aug 17
A brave new world awaits the real estate industry. Are you prepared?
Beginning Saturday, new rules around commissions take effect, paving the way for the biggest shift in real estate in at least a generation. It's a brave new world, and it begins this weekend