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National Association of Realtors

15 commission lawsuit settlements are up for final approval next week

Commission Lawsuit, HWmember, Legal, NAR Lawsuit Settlement, National Association of Realtors, NextHome, Real Estate, Side Real Estate, Sitzer/Burnett /

Commission lawsuit settlement agreements from 15 real estate industry players, including major names like Keyes Co./Illustrated Properties, Side, JPAR, NextHome and Baird & Warner will be up for final approval on Tuesday, June 24. The fifteen settling defendants, which come from the Gibson and Keel suits, filed a joint motion for final approval of the […]

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Are settlement rules pushing down agent commissions? New survey says the opposite

Agent, Commission Lawsuit, HWmember, National Association of Realtors, Real Estate, Real Estate Agents, Sitzer/Burnett /

Few events in recent real estate history have rattled the industry more than the antitrust lawsuits filed against major brokerages and the National Association of Realtors (NAR), accusing them of artificially inflating agent commission rates. NAR settled the Sitzer-Burnett case for $418 million and agreed to rules that the plaintiffs believed would help bring down

Are settlement rules pushing down agent commissions? New survey says the opposite Read More »

House Democrats call for more action on US housing crisis

Democratic Party, House of Representatives, Housing Crisis, Housing Market, HWmember, Legislation, National Association of Realtors, National Low Income Housing Coaltion, Ohio, Urban Institute /

As the economic situation for many Americans continues to evolve due in part to the cost of housing, one Democratic member of the House of Representatives used her time on the floor Tuesday to call for more action to address rising housing expenses. Rep. Shontel Brown (D-Ohio) on Tuesday introduced a House Resolution calling for

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‘No legitimate justification’: California broker sues NAR over ‘anticompetitive’ dues

California, California Association of Realtors, HWmember, Lawsuit, Legal, National Association of Realtors, Real Estate /

A California real estate broker is suing the National Association of Realtors (NAR) over a policy that forces brokers to pay dues for agents who aren’t members of their state, local or national Realtor associations. John Diaz, who’s based in Modesto, claims that NAR’s Variable Dues Formula (VDF) policy penalizes brokers for associating with agents

‘No legitimate justification’: California broker sues NAR over ‘anticompetitive’ dues Read More »

Goby Homes launches property transaction platform, founder honored by NAR

Brokerage, Cybersecurity, Homebuyers, HWmember, National Association of Realtors, Real Estate, Technology /

Real estate technology startup Goby Homes has launched a new platform aimed at increasing transparency, security and communication in residential real estate transactions, the company announced during the 2025 Realtors Legislative Meetings. That announcement coincided with the National Association of Realtors naming Goby Homes founder Terrence Nickelson its 2025 iOi Innovator of the Year. Nickelson

Goby Homes launches property transaction platform, founder honored by NAR Read More »

Texas bill aimed at NAR speech code fails to advance

Discrimination, HWmember, National Association of Realtors, Politics, Real Estate, Realtor, Texas /

A Texas bill that aimed to prohibit professional and trade associations like the National Association of Realtors (NAR) from denying membership based on protected characteristics or what’s perceived to be free speech failed to advance in the state legislature Wednesday, according to Inman. Senate Bill 2713, introduced by Sen. Mayes Middleton (R-Galveston), was reportedly left

Texas bill aimed at NAR speech code fails to advance Read More »

DOJ withdraws objection to MLS PIN settlement, clearing the way for preliminary approval

Commission Lawsuit, Department of Justice, HWmember, Legal, MLS, National Association of Realtors, Real Estate /

The Department of Justice (DOJ) has withdrawn its objection to MLS Property Information Network (MLS PIN)’s preliminary settlement of the Nosalek commission lawsuit after the two sides negotiated amended terms. In a court filing on Thursday, MLS PIN and the plaintiffs disclosed that the former will prohibit offers of cooperative compensation on its platform, which

DOJ withdraws objection to MLS PIN settlement, clearing the way for preliminary approval Read More »

NAR weighs speech code changes as industry pressure grows

Discrimination, HWmember, Legislation, National Association of Realtors, Real Estate, Real Estate Agents, Texas /

The National Association of Realtors (NAR) is considering major revisions to its Code of Ethics and policy statements, citing legal risks and the need for clarity. Meanwhile, a proposed law in Texas could complicate enforcement of its current rules. An agenda for NAR’s upcoming legislative meetings — which are scheduled for May 31 to June

NAR weighs speech code changes as industry pressure grows Read More »

Howard Hanna disavows NAR’s Clear Cooperation Policy

Clear Cooperation, Compass, Howard Hanna, Howard Hanna Real Estate Services, HWmember, MLS, National Association of Realtors, Real Estate /

Howard Hanna Real Estate Services and its parent company Hanna Holdings have made their feelings about the National Association of Realtors’ (NAR) Clear Cooperation Policy (CCP) clear.  In a letter sent to NAR and over 70 MLSs on Wednesday evening, company CEO Hoby Hanna called CCP “misguided” and a “bad policy,” claiming that its adoption

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With more inventory, where are home prices headed?

Existing home sales, Home Prices, Housing Inventory, Housing Market, HWmember, National Association of Realtors /

Last year, I predicted a national home-price increase of 2.33%. While that forecast was lower than most others, it seemed achievable due to higher mortgage rates and increased inventory. I was wrong and too low for 2024. This year, my prediction is even lower at 1.77% national home-price growth. So far this year, the existing home

With more inventory, where are home prices headed? Read More »