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.
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.
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 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 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.
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.
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 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.
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.
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 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.
John Diaz sues NAR, alleging anticompetitive subscription fees violate antitrust laws. The suit challenges fees for non-Realtor licensees, claiming it hinders participation and disadvantages smaller brokerages.
Hate speech in real estate endangers communities & violates ethics. Realtor speech must have limits to protect safety & ensure equal housing access, especially for vulnerable groups. NAR's role in fighting discrimination.
Scott discusses MLS value, agent trust, and NAR's role in real estate. He emphasizes complete exposure for sellers and addresses privacy concerns in listings. $1.8B/yr market investment.
Texas and Florida bills target real estate regulations, impacting agent conduct and association membership. The bills raise concerns about free speech and fair housing compliance. Focus on hate speech and discrimination.
Brokers challenge NAR's mandatory membership policies and subscription fees in multiple states, arguing they should not be forced to pay inflated fees to access MLS listings after the NAR settlement.
Following the August rule changes, commissions for both buyer and seller agents fell, but they have since rebounded, according to an AccountTECH study that analyzed more than 224,000 transactions from 1,290 real estate offices.
