MLS/AssnCould NAR’s settlement derail MLS PIN agreement?Plaintiffs ask for more time to respond to the DOJ following NAR’s announcement, which could affect the existing deal in the Nosalek case.Dave GallagherMarch 20, 2024
IndustryHomeServices stays the course in commissions lawsuitsNow the lone defendant in at least two cases, the brokerage vows to "aggressively pursue options" to resolve litigation even as it faces billions in damages.Dave GallagherMarch 20, 2024
MLS/AssnNAR seeks to clarify commissions settlement detailsIn a call with media, NAR reps sought to dispel confusion and misinformation coming out of the March 15 settlement announcement. AJ LaTraceUpdated April 12, 2024
IndustryPeople on the Move at Windermere, T3 Sixty, NAHREP, Cape Fear RealtorsWindermere appoints sales director for California; T3 Sixty promotes tech leaders; NAHREP names 2024 president; Janet Kane now CEO at Cape Fear Realtors.Real Estate News StaffMarch 19, 2024
AgentsAgents Decoded: The future is uncertain — but don’t panic!NAR’s proposed settlement in the commissions cases has quickly led to a flurry of headlines — many of them wrong. Here’s what agents need to do.Jay ThompsonMarch 19, 2024
IndustryPlaintiffs seek whopping $4.7 billion from HomeServices The last defendant in the Sitzer/Burnett commissions case said it anticipated the motion and will respond with its own court filings in April.Dave GallagherMarch 18, 2024
BrokerageseXp ‘expecting a whole lot of creativity’ in wake of NAR dealDuring a livestream with nearly 50,000 viewers, eXp leaders discussed NAR’s proposed settlement while agents flooded the chat with reactions.AJ LaTraceMarch 18, 2024
Brokerages‘We remain vigilant’ KW says as it unpacks NAR settlementFrom buyer agreements to non-MLS places where cooperative compensation can appear, here’s what Keller Williams is telling leaders and agents about the deal.Stephanie Reid-SimonsMarch 18, 2024
By the NumbersHomebuilder sentiment at highest level since last summerLow existing home inventory and the expectation of falling interest rates continue to drive builder optimism. Also, housing starts are up 5.9% vs. last year.Dave GallagherMarch 18, 2024
IndustryWinners, losers and a look at the post-commissions deal futureBuckle up: The proposed NAR settlement will unleash a fast-moving wave of change – and opportunity, especially for buyer agents who can articulate their value.Russ CofanoMarch 16, 2024
BrokeragesBrokerage Beat: News from C21, Christie's in Florida and IdahoCentury 21 gains North Carolina indie; PureWest Christie's moves into Idaho; John R. Wood Christie's adds nearly two dozen agents.Real Estate News StaffMarch 16, 2024
Brokerages90-plus brokerages left out of NAR commissions deal. What’s next?Top companies and MLSs outside the settlement can take part in a streamlined process to pay into a fund — but it could cost millions.Dave GallagherMarch 15, 2024
IndustryStrong reactions to NAR commissions dealOpinions on the settlement range from concern that it will “spell disaster” for buyers to optimism that the quality of agent services will improve.AJ LaTraceUpdated March 19, 2024
IndustryNAR commissions settlement details revealedCourt documents outline a payment schedule and a series of rule changes, including the elimination of offers of compensation through the MLS.Dave GallagherMarch 15, 2024
IndustryWhat agents need to know about commission rule changesAs a part of its proposed settlement, NAR agreed to significant policy changes that will impact how all agents do business — and how buyer agents get paid.AJ LaTraceMarch 15, 2024
MLS/AssnNAR reaches $418 million deal to settle commissions lawsuitsThe settlement, which still requires court approval, adds a new rule prohibiting offers of broker compensation on the MLS.AJ LaTraceMarch 15, 2024
AgentsAgent optimism up as new listings surgeA national survey of 1,900 real estate agents found that most are anticipating a good market in the coming six months. AJ LaTraceMarch 14, 2024
IndustryCommissions cases: The next 90 days could change everythingThree key decisions, including the Sitzer/Burnett judgment, are expected this spring — and they could determine what happens next for the industry.Dave GallagherMarch 14, 2024
By the NumbersMortgage rates see biggest weekly drop since DecemberRates eased this week, but they will likely remain elevated throughout the spring months as the Fed waits to take action on interest rates.Dave GallagherMarch 14, 2024
By the NumbersTwice as many sellers are looking to relocate in 2024A Coldwell Banker survey found a big increase in the number of sellers willing to move to another city or state as price considerations now outweigh location.Dave GallagherMarch 13, 2024