NAR cuts 61 jobs, highlights strategic shift
The association said that eliminating 41 existing jobs and 20 open roles was part of an effort to cut costs and better support members and consumers.
March 28, 2025
Stephanie Reid-Simons
Senior Vice President
Stephanie followed her grandpa's path into journalism, reporting and editing her way into leadership roles with news teams covering everything from courts and crime to entertainment, sports and business. At Amazon and Zillow, she used her strategic storytelling skills to earn the attention of millions of people, establish a content marketing practice and help build a creative agency. She enjoys spending time with her family and tackling overly ambitious home-improvement projects.
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- MLS-owned data platform Remine to be soldThe company, which never turned a profit, owes millions to investors. After failed attempts to attract a buyer, its owners are trying a bankruptcy alternative.March 26, 2025
- ‘Future class-action’ or ‘expanding choice’? Leaders on CCP newsThe real estate industry had mixed reactions to NAR’s decision to keep Clear Cooperation and add a policy that allows sellers to delay marketing via IDX.Updated March 26, 2025
- New Alabama law: Buyers can tour homes without a contractBuyer agreements “are a good thing,” Alabama Realtors CEO says, but the law, inspired in part by the DOJ, gives consumers and agents more time to negotiate.March 21, 2025
- Freddie Mac CEO fired as FHFA shakeups continueMike Hutchins, an economist, author and Freddie Mac exec since 2013, steps into the interim CEO role for the second time in a year after Diana Reid is let go.March 21, 2025
- DOJ calls out ‘misleading’ claims about its take on Clear CooperationDespite what “industry participants” have said, the Department of Justice clarified that it “has not taken a position” on whether CCP is anticompetitive.Updated March 19, 2025
- FHFA head overhauls Fannie, Freddie boards, makes himself chairWilliam Pulte ousts board members, adds new ones, including a DOGE-affiliated engineer. Plus, HUD floats affordable housing proposal, the CFPB clings to life.March 18, 2025
- HomeServices of America is not for sale, CEO saysGino Blefari denied a Wall Street Journal report of acquisition talks with Compass, saying “there are no discussions, negotiations or agreements” taking place.Updated March 19, 2025
- Tomo Mortgage raises $20 million from Progressive and othersThe news comes on the heels of Rocket’s acquisition of Redfin — a “power move,” said Tomo’s CEO, an ex-Zillow exec — plus a major equity investment in KW.March 11, 2025
- NAR CEO talks housing with top lawmakersHomeownership is “one of Washington’s truly bipartisan issues,” the association’s chief advocacy officer said, while HUD freezes funding and considers crypto.March 10, 2025
- Pushback in eXp, Weichert settlements called ‘self-serving’Attorneys in the Hooper case defended the deals they reached with the brokerages and accused Gibson lawyers of trying to “line their own pockets.”March 8, 2025
- Is the latest jobs report good news for housing? ‘It’s complex’Home sales could rise if rates continue to drop, but as the economy shows some signs of a weakening, consumers could become more cautious.March 7, 2025
- MLS offering listings-based broker profit sharingSt. Louis-based MARIS says its new program could bring “multiple tens of thousands of dollars” to some brokers by giving them a percentage of data feed revenue.March 7, 2025
- Compass CEO: ‘We co-broke with everyone’Robert Reffkin, a loud voice in the Clear Cooperation debate, invites all agents to check out the brokerage’s Coming Soon listings.March 5, 2025
- Opendoor sees opportunity in its stream of high-intent sellersReal estate’s top iBuyer reported increased revenue as it looks to “give sellers more choices” through listing products that go beyond a standard cash offer.February 28, 2025
- New RE/MAX branding takes flightConsumers found the “digital-first” logo — which includes a subtler take on the brand’s famous balloon — more appealing than the old design, the company said.February 25, 2025
- Tracking how Trump’s changes are hitting home in DCBright MLS launches a new site with housing market data for the nation’s capitol. Plus, inland condo prices rise in Florida, and new home sales dip in Texas.February 24, 2025
- Compass says its data shows benefits of ‘pre-marketing’ listingsThe firm said homes initially listed privately sold faster and for a higher price, supporting its position that sellers should decide if or when to use the MLS.February 21, 2025
- RE/MAX looking to 'strengthen our swagger'CEO Erik Carlson announced a $5.5 million deal to settle Canadian commissions cases and a profitable end to 2024. Now RE/MAX aims to stabilize U.S. agent count.February 21, 2025
- Under pressure from NAR, Phoenix Realtors cuts MLS ChoiceThe Arizona association had been facing the loss of its charter after offering a discounted, non-Realtor membership option that included MLS access.Updated February 21, 2025
