National Association Of Realtors
The generation that has seen more financial crises and market fluctuations than any other is finally getting its day at the closing table. According to the National Association of Realtors’ 2024 Home Buyers and Sellers Generational Trends report, Millennials finally surpassed Baby Boomers as the largest group of home buyers. Millennials now comprise 38 percent…
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In a letter to agents and affiliates with Keller Williams, Gary Keller announced that the brand had negotiated a $70 million settlement in the class action suits that have rocked the industry and spawned a legion of copycat suits that could change the way residential real estate is bought and sold. The suits, referred to…
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Officials with Keller Williams Realty Inc. announced Tuesday the hire of former U.S. Solicitor General Paul D. Clement to represent them in the Sitzer/Burnett v. National Association of Realtors lawsuit. The NAR and two codefendants were found liable Oct. 31 in the federal Sitzer/Burnett trial, which challenged MLS rules and the real estate compensation model.…
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While Bob Goldberg, CEO of the National Association of Realtors, had planned to retire at the end of 2024, the nation’s largest trade organization just announced that the timeline for his exit has accelerated. Former Chicago media exec Nykia Wright will replace Golberg as interim CEO effective Nov. 20. The news of Goldberg’s departure comes…
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It did not take long for a Kansas City jury to create a Halloween nightmare for real estate agents. The jury in the bombshell Sitzer/Burnett trial in Kansas City has found the National Association of Realtors, HomeServices of America, and Keller Williams guilty of colluding to inflate or maintain high commission rates through the National Association of Realtors’ Clear Cooperation…
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