American Real Estate Association debuts membership program
The association aims to offer an alternative to NAR and is launching its membership program when there is a 'lot of dissatisfaction with the status quo,' according to one co-founder
by Jim Dalrymple II Aug 15
NAR interim CEO: Settlement was ‘unequivocally’ the right move
In an interview with NextHome CEO James Dwiggins, NAR interim CEO Nykia Wright urged members to lean back into engaging the 1.5M-member trade organization
by Taylor Anderson Aug 15
Homebuyers see NAR settlement as a big win — until they learn more
Even if the settlement brings down commissions overall, buyers grow warier the more they learn about what the policy means for them, according to the latest Inman-Dig Insights consumer poll
by Daniel Houston Aug 15
CRMLS warns of 'serious fines' as it rolls out commission changes early
The nation's largest MLS removed compensation fields from its platforms on Aug. 13, after offering detailed guidance to agents on the terms of NAR's proposed settlement
by Andrea V. Brambila Aug 14
Real unveils resources to train agents on settlement changes
Materials include a guidebook on the post-settlement landscape, publicly available training sessions and more ahead of Aug. 17 deadline
by Taylor Anderson Aug 14
Is it possible to market a seller wanting to offer a concession?
Opinion
With all the commission confusion as we near the Aug. 17 implementation deadline, compliance expert Summer Goralik is here to answer your burning questions, starting with concessions
by Summer Goralik Aug 13
Michigan agents and brokers sue NAR due to antitrust settlement
The plaintiffs protest 'compulsory' Realtor membership to access the MLS after the removal of 'the guaranteed broker commission' from the MLS
by Andrea V. Brambila Aug 12
NAR membership rebounds ahead of Aug. 17 settlement deadline
More agents are joining the National Association of Realtors ahead of the approaching Aug. 17 deadline for Realtors and MLSs to implement policy changes
by Richelle Hammiel Aug 12
NAR: Settlement mandates 'benefit' buyers and sellers
Consumer guides from the trade group offer a contrast to previous messaging, but also continue to promote pre-emptive offers of compensation to buyer agents
California Association of Realtors taps Phil Hawkins as new CEO
Hawkins had been working as the CEO of the Pacific West Association of Realtors in Southern California and will now lead CAR during a challenging time for the industry
by Jim Dalrymple II Aug 8
A piece of chocolate cake being removed from the whole
The Consumer Federation of America also tells consumers not to agree to pay an agent just to see a home, but to sign a touring agreement with no financial obligation instead
NAR settlement still an enigma for some ahead of big Aug. 17 deadline
Last week, the brightest minds in real estate converged at Inman Connect to set agents, brokers and MLS members straight on the finer points of the new rules taking effect in less than 2 weeks
Victims awarded $12M in flipper scheme repped by HGTV stars
The Federal Trade Commission (FTC) is distributing $12M in payments to customers caught in a real estate house-flipping scheme operated by Zurixx, LLC and promoted by a lineup of celebrities
by Richelle Hammiel Aug 2
Average buyer's agent commission has fallen since NAR settlement
Redfin's latest report revealed the average buyer's agent's commission percentage has declined in 47 of the 50 largest markets since NAR's March settlement
by Marian McPherson Aug 2
Compass CEO: Clear cooperation is 'anti-homeowner'
Robert Reffkin said clear cooperation forces homeowners into a system that attaches 'negative insights' to listings, and predicted the polarizing anti-pocket listing rule is ultimately doomed
by Jim Dalrymple II Jul 31