NAR’s New Strategy: Addressing Concerns & Building Trust
NAR tackles member concerns with a new strategy launching in January, focusing on better data, financial agility, and rebuilding trust. Wright emphasizes the need for speed and transparency.
NAR’s New Strategy: Brokerage Feedback & Future Solutions
NAR is implementing changes based on brokerage feedback to improve member value and address evolving market conditions. Focus on communication, training, and the broker website. Aims for a new level of accountability.
REX vs. NAR & Zillow: Antitrust Fight and eXp Case
REX's antitrust case against NAR & Zillow reaches the High Court. Meanwhile, a sex-related transgression legal action includes eXp executives and a Las Vegas Police Department investigation. Court intervention requested.
Local MLS Rules: Realtor Reform & Open Access
NAR shifts MLS rule-making to local levels, enabling reforms & open access. Local MLSs can create modern Codes of Participation, exceeding national standards for transparency & expert conduct. State laws also secure the public.
NAR’s New Strategic Plan: Modernizing & Member Experience
NAR unveils a 3-year strategic plan focusing on modernizing the organization, enhancing member experience through zero-based budgeting, actionable research, advanced tech, and addressing legal risks. Commitment to consumers and industry is also prioritized.
Batton 1 Case: Class Certification Dispute & NAR’s Role
Batton 1 case faces class certification challenges due to overlapping buyer/seller roles. NAR, Anywhere, Keller Williams, and RE/MAX are accused of inflating buyer-broker commissions in an antitrust conspiracy.
Real Estate Agent Fees: Commission Rates & Customer Agreements
Report reveals most buyer agents still charge commission based on home sale percentage, not fixed amounts. Customer agreement adoption varies. Post-NAR settlement, little change in commission rates.
Muhammad vs. NAR Case Dismissed, Appeal Denied
Maurice Muhammad's case against NAR & Realtors was dismissed for failing to submit an appellate brief. Appeal renewal request pending. Case involves MLS access tied to Realtor membership & NAR's structure.
NAR Reforms: Brokerage Leaders Push for Change
Brokerage leaders urge NAR to address key issues, improve transparency, and clarify its relationship with SCV for the benefit of its members. Independent admin is also needed.
NAR Restructuring: Restoring Trust and Future Strategies
NAR is undergoing restructuring efforts to restore trust, focusing on member success, strategic planning (2026-2028), and modernizing systems amidst industry pressures. Leadership welcomes feedback and input from stakeholders.
Zillow, NAR & REX Lawsuit: Transparency in Real Estate
Zillow and NAR win lawsuit against REX, affirming transparency in real estate. Court upholds ruling that they didn't conspire to hide non-MLS listings. Questions about competition remain.
Nosalek Case: MLS PIN Settlement Approved
MLS PIN secures final approval for Nosalek settlement, resolving commission claims after 5 years. The case, alongside Sitzer/Burnett & Moehrl, prompts policy changes & DOJ scrutiny. Settlement: $3.95M.
NAR’s Transformation: Wright’s Goals and Strategies
Wright aims to boost NAR membership and value. The organization is undergoing strategic changes and executive re-engineering to better serve members and small business owners. Focus on diversity of revenue streams.
Homie Boycott Case: Appeal Filed After Dismissal
Homie is appealing the dismissal of its lawsuit alleging anticompetitive behavior and a boycott conspiracy by NAR, Anywhere Real Estate, Keller Williams, RE/MAX, and HomeServices of America due to low commissions.
Real Estate: Navigating Market Change & Consumer Focus
Sue Yannaccone discusses adapting to real estate market changes, prioritizing consumer needs, agent value, and the impact of the NAR settlement. Focus on control and future.
Real Estate Settlement: Claims, Approvals, and Key Players
Millions of insurance claims filed in real estate negotiation class, resulting in a $1.04 billion settlement fund. Approvals met with little resistance. Key brokerages and companies are involved.
Jacobi vs. Reffkin: Real Estate Industry Debate & NAR’s Future
Jacobi and Reffkin clash publicly over private listings, signaling industry change. Jacobi urges NAR to empower local MLSs. He cautions Compass's private network could backfire, but forecasts a stronger, decentralized NAR.