At the Realtors Legislative Meetings earlier this week, MLS executives were told they would be responsible for making sure real estate agents and brokers follow the new commission rules.
Category: MLS & Associations
Members of SFAR have a new AI productivity Sidekick
Sidekick was developed by San Francisco-based boutique brokerage Avenue 8. It primarily uses a text interface to send commands to retrieve data, execute tasks and in many ways, function as a common, “visual” interface would. It’s now offered to members of SFAR.
Plan if you must, but prepare for the unexpected
Real estate professionals have survived upheaval and change in the past, and we’ll do so again, broker-owner Teresa Boardman writes, even if we don’t yet know quite how.
Is NAR a net-positive? It depends if you ask an agent or a broker: Intel
These increasingly uncertain attitudes among agents in March were a departure from brokers, who were more likely to tell Intel that they still view the National Association of Realtors positively.
60-day clock begins for brokerages seeking to opt into $418M NAR deal
Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered.
NAR President Kevin Sears sells brokerage to Anthony Lamacchia
Lamacchia had been in talks with the Sears family for years as he continued his expansion path across New England. The deal was announced this week.
NAR’s settlement paints a murky commission picture for consumers
CEO Sean Frank writes that an unintended consequence of MLS changes following on the heels of the NAR settlement is that the dynamics of real estate transactions become less transparent to the very individuals they are meant to serve: buyers and sellers.
Association of more than 200 MLSs blasts DOJ ‘flaws’ in Nosalek case
The Council of Multiple Listing Services, a trade group of about 225 MLSs, united with Northwest MLS on Wednesday to pen amicus briefs exposing alleged flaws in the DOJ’s statement of interest.
‘Apologize’ and 17 other common-sense ways to begin reforming NAR
Even before the courts resolve how agents are compensated, the National Association of Realtors has an opportunity to set a course for victory, Inman founder Brad Inman writes.
An anticipated settlement still shocks the real estate industry
Settlement represents “nothing short of a sea change” as the National Association of Realtors agrees to pay $418 million and make sweeping changes.