Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry’s most polarizing rules.
Category: national association of realtors
NAR vows to take its DOJ beef all the way to the top: The Download
They’ve been fighting since 2020, and now NAR plans to take the Department of Justice to the nation’s highest court to enforce a previous settlement.
A bicoastal agent’s life since the commission rules changed
Selling real estate under the new commission rules is like playing Red Light, Green Light on a tightrope, bicoastal agent Cara Ameer writes. Here’s how her business has been since the change.
New forms aim to sidestep NAR settlement, law professor warns
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.
Homie sues NAR and others, alleging boycott and conspiracy
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.
Is it possible to market a seller wanting to offer a concession?
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.
Victims awarded $12M in flipper scheme repped by HGTV stars
The Federal Trade Commission (FTC) is distributing $12 million in payments to customers caught in a real estate house-flipping scheme operated by Zurixx, LLC.
Compass CEO: Clear cooperation is ‘anti-homeowner’
Robert Reffkin on Wednesday said clear cooperation attaches “negative insights” to listings, and predicted the polarizing anti-pocket listing rule is ultimately doomed.
NAR President Kevin Sears sends message of resilience at ICLV
“I hope — at the end of the day, at the end of the two-year term — to be able to look back and say there was some stability and calm,” Sears told hundreds of ICLV attendees, many of them NAR members.
EXp not ‘doing broker-to-broker compensation’ — with caveats
A much-discussed listing agreement update reflects upcoming NAR rules, but doesn’t bar sellers from offering compensation to buyers’ agents.