NAR membership dips as Realtors report closing fewer deals in 2023
NAR's 2024 Membership profile shows the impacts of a difficult market on real estate professionals — many of whom are contending with issues related to affordability and inventory
by Jim Dalrymple II Jul 10
Kevin Sears opens up about NAR, the DOJ and a hectic year of travel
In his 6 months as president, Sears has racked up time in Washington with the DOJ, focused on the trade organization's future and traveled — a lot. He shared his takeaways with Inman ahead of ICLV
by Taylor Anderson Jul 9
More homebuyers sue to upend how real estate agents get paid
Howard Hanna is the latest brokerage to be hit with a buyer commission suit seeking class-action status
REcolorado buyer unveiled as questions and legal fights persist
The owners of the 16th largest MLS in the country plan to sell to a title company executive. Now, an agent and local leader has received a cease and desist letter over her criticisms of the deal
by Jim Dalrymple II Jul 8
Zoom in closer: 4 regional housing insights from the Inman Intel Index
Times are tough for nearly every real estate business. But different parts of the country report unique challenges and approaches, as illustrated by Intel’s monthly gauge of industry sentiment
by Daniel Houston Jul 8
Sellers appeal Keller Williams, Anywhere, RE/MAX settlements
The homesellers object that the deals' payout is 'far too low' for the 'massive' number of injured parties and that franchisees should be required to implement practice changes
MLS PIN forges ahead with rule changes over DOJ objections
Effective immediately, listing brokers and agents can submit for-sale listings to the MLS without offering any cooperating compensation to the buyer broker
by Andrea V. Brambila Jun 27
Judge pauses New York antitrust suits over plaintiff objections
Plaintiffs allege REBNY and dozens of real estate brokerages perpetrated a 'wholly separate conspiracy' from the claims resolved by the NAR settlement, but defendants disagree
by Andrea V. Brambila Jun 26
Meet the companies offering commission-sharing workarounds
NAR's landmark settlement bars sellers' agents from offering commissions to buyers' agents in the MLS. A batch of new companies are stepping in to fill the void
by Jim Dalrymple II Jun 25
Judge denies stay order after plaintiffs argue against NAR deal
Attorneys for the plaintiffs in a case now known as Moratis stress that NAR's proposed settlement won't stop 'a key element of the antitrust conspiracy' and might take years to go into effect
by Andrea V. Brambila Jun 24
Broker-owned MLSs have forked over millions under NAR opt-in deal
The vast majority of more than 600 multiple listing services nationwide have chosen to opt in to the National Association of Realtors' commission settlement, according to a new Inman analysis
by Andrea V. Brambila Jun 24
DOJ inquiry delays settlement-related document rollout at CAR
The California Association of Realtors postponed the release of 21 forms this week after receiving feedback from members — and an inquiry from the US Department of Justice
by Jim Dalrymple II Jun 21
Anxiety over commission lawsuits looms over agent recruitment fight
Industry leaders see the lawsuits as 1 of the top recruiting challenges of 2024, according to Intel survey results. But the brokers who target and elevate middle-tier agents have an opportunity
by Jim Dalrymple II Jun 21
Former NAR employee seeks $1M in new lawsuit alleging retaliation
Roshani Sheth, a former product manager for the Realtors Information Network, filed suit after an Equal Employment Opportunity Commission probe into her racial and sexual harassment claims
by Taylor Anderson Jun 20
Countdown as firms not covered by NAR settlement face tough choice
Brokerages and MLSs have until 11:59 pm CST Tuesday to opt in to deals resolving antitrust claims brought by sellers targeting commissions. Inman contacted 79 brokerages for their updates
by Taylor Anderson Jun 18