BrokeragesAnother brokerage to let Arizona agents split with NARScottsdale-based HomeSmart is giving area agents the choice to opt out of NAR membership in 2025.AJ LaTraceDecember 11, 2024
IndustryThe Ten: NAR’s new rules and the ‘messy’ race to complyNAR’s settlement staved off “extinction-level litigation” but created snags by requiring buyer agreements and moving compensation off multiple listing services.Amie FisherDecember 11, 2024
By the NumbersPandemic-era buyers show most willingness to sellHomeowners who bought in the early 2020s have lots of equity, and life events are motivating moves — even if they have to give up their low mortgage rates.Dave GallagherDecember 11, 2024
IndustryNAR hit with new commissions suit — but not from consumersAn Ohio renovation company filed the complaint after opting out of the Mar. 15 settlement. Plus: an Atlanta brokerage settles, new appeal to NAR deal filed.Dave GallagherUpdated December 11, 2024
BrokeragesRealty ONE gives agents the option to leave NARThe global brokerage has formed a Phoenix-based subsidiary, allowing area agents to discontinue association membership while retaining MLS access.Amie FisherDecember 10, 2024
MLS/AssnNAR responds to ‘myths’ in New York Times ‘dark money’ storyThe association shared “a comprehensive fact check” rebutting claims of political bias and questionable financial practices related to an affiliated nonprofit.AJ LaTraceDecember 10, 2024
BrokeragesTrends 2025: Why the best leaders have an exit planStrong leaders make strong companies — so what happens when they leave? Having a plan in place is critical for a smooth transition, and for a firm’s survival.Real Estate News StaffDecember 10, 2024
IndustryDOJ ends antitrust probe into rental pricing, RealPage saysThe property management software company, which still faces civil suits, says it will “continue to aggressively defend itself” against “baseless allegations.”Stephanie Reid-SimonsDecember 9, 2024
By the NumbersHomebuying optimism at highest level in nearly 3 yearsFannie Mae’s latest purchase sentiment index is up more than 10 points in the past year, with a record share of consumers expecting mortgage rates to fall.Dave GallagherDecember 9, 2024
MLS/AssnNew York Times targets NAR again, this time over political influenceA new report shines light on NAR’s American Property Owners Alliance and raises issues around transparency and the ethics of partisan spending.AJ LaTraceDecember 9, 2024
IndustryControversial sale-leaseback proptech EasyKnock shuttersThe company had been mired in lawsuits from customers in Texas and Michigan and had also received scrutiny from different state attorneys general.AJ LaTraceDecember 9, 2024
AgentsHow are agents sharing compensation info?Most are simply asking the listing agent directly, while sharing via websites is uncommon, a new survey found. And so far, commissions are largely unchanged.Dave GallagherDecember 9, 2024
BrokeragesThe Ten: How eXp’s Leo Pareja has taken the reinsDuring a year of turmoil in the industry, Pareja — who just moved into the CEO role in April — has repeatedly jumped into the fray to tackle issues head-on.AJ LaTraceDecember 7, 2024
AgentsNew NAR guide explains types of agency to consumersA real estate professional can help homebuyers and sellers in a number of ways. Not all of them are legal everywhere, but all require disclosure and agreement.Stephanie Reid-SimonsDecember 7, 2024
BrokeragesBrokerage Beat: News from Real, ERA, C21, EXIT Realty, more150-agent firm joins Real Brokerage; ERA gains multi-office Austin affiliate; C21 franchise acquires established Mass. indie; EXIT Realty adds 7 markets; more.Real Estate News StaffUpdated December 9, 2024
Industry‘Unfiltered’: Which real estate companies are winning right nowWatch the conversation with analyst John Campbell as he places bets on Zillow, CoStar and public brokerages — and shares Wall Street’s perspective on the CCP.Amie FisherDecember 6, 2024
By the NumbersWhat a better-than-expected jobs report means for mortgage ratesThe good news is that an interest rate cut is still on the table as other signs point to a cooling labor market. The Fed will decide later this month.Dave GallagherDecember 6, 2024
IndustryThe mortgage industry has an age problemA lack of investment in training or recruitment has led to an aging workforce — and an existential crisis for the industry. Where are tomorrow's loan officers?Coby HakalirDecember 6, 2024
IndustryThe Ten 2024: New rules, old battles and seeking ‘peace’Leaders stepped up as the NAR settlement changed the game, Clear Cooperation fueled division and the Department of Justice stoked fears in this surprising year.Stephanie Reid-SimonsDecember 5, 2024
By the NumbersHomebuying activity picks up as mortgage rates fallPurchase applications and home tours are on the rise as rates drop to the lowest level in six weeks.Dave GallagherDecember 5, 2024