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Top companies and MLSs outside the settlement can take part in a streamlined process to pay into a fund — but it could cost millions.

Opinions on the settlement range from concern that it will “spell disaster” for buyers to optimism that the quality of agent services will improve.

Court documents outline a payment schedule and a series of rule changes, including the elimination of offers of compensation through the MLS.

As 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.

The settlement, which still requires court approval, adds a new rule prohibiting offers of broker compensation on the MLS.

A national survey of 1,900 real estate agents found that most are anticipating a good market in the coming six months.

Three key decisions, including the Sitzer/Burnett judgment, are expected this spring — and they could determine what happens next for the industry.

Rates eased this week, but they will likely remain elevated throughout the spring months as the Fed waits to take action on interest rates.

A 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.

In a new compensation report, eXp said it paid agents and brokers nearly $198 million in revenue share and $34.7 million in EXPI shares.

Buyers can see heat, wind and air quality ratings in addition to the existing flood and wildfire ratings, which can “help reduce surprise costs.”

The brokerage said the program, which launched as a pilot in September, is “good for our customers, our agents and our growth as a brokerage.”

Along with the acquisition, the companies unveiled a new solo agent suite called Lever by Movoto and said OJO products will now use the Movoto brand.

The association reported a fourth month of membership declines, with membership falling below 1.5 million for the first time in nearly three years.

A new NAHREP report shows that despite the tough market, Latinos found creative routes to homeownership in 2023, such as co-borrowing, but barriers remain.

CEO Mark Willis adds “president” to his title and confirms that about 30 people have been let go from the company.

Fudge, a longtime advocate for affordable housing, announced she will leave her HUD post on March 22.

Kamini Lane, who took the helm less than a year ago, has reshaped her leadership team and sharpened her focus on empowerment and making a positive impact.

New research from the Federal Reserve puts a price tag on changing agent compensation, pushing for it to be independent of the price paid for the home.