National Association Of Realtors
As many agents and brokers know, a major lawsuit began Monday in Missouri that could permanently affect the commission structure across the US. It could also, I believe, place a huge obstacle in home affordability by putting the burden of the buyer agent commission onto the homebuyer. The Sitzer/Burnett commission trial is in its fourth…
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In the landmark settlement from Anywhere, the parent company of Sotheby’s International Realty, Coldwell Banker, and Century21 agreed to pay $83.5 million to the plaintiffs of Moehrl v. National Association of Realtors and Sitzer/Burnett v. NAR. As of now, Anywhere and RE/MAX are the only defendants to pay a settlement in the suits. According to…
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In a letter from Redfin’s leadership team this morning, the budget online brokerage announced that it will leave the National Association of Realtors. The letter, which went out to brokers and agents this morning before being posted on the brokerage’s “From Our CEO” page, said that Redfin’s departure is due largely to NAR’s rules that…
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As a woman who grew up in Dallas in the 1980s and ’90s, I’ve experienced some of the inequities of womanhood. But I know that I stand on the shoulders of generations of women before me when I say that I’ve never had to worry about needing a man to purchase or own real estate.…
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From Staff Reports The share of Baby Boomers has surpassed Millennials and now makes up the largest generation of home buyers, according to the latest study from the National Association of Realtors. The 2023 Home Buyers and Sellers Generational Trends report, which examines the similarities and differences of recent home buyers and sellers across generations,…
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