opts Archives

NWMLS Opts Out Of NAR Deal In Bid To Continue Commission Offers

At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. When it comes to commissions, broker-owned multiple listing service Northwest MLS has typically gone its own way, and this week, the nonprofit revealed the National [...]read more

Northwest MLS criticizes $418M NAR settlement agreement, opts out

May 30, 2024 mpsingh No Comments Real estate 418M, agreement, Commission Lawsuit, criticizes, MLS, NAR, National Association of Realtors, Northwest, northwest mls, opts, settlement

Northwest MLS, the largest multiple listing service in the Pacific Northwest, will not take part in the $418 million agreement reached by the National Association of Realtors (NAR) in the Sitzer/Burnett case. In fact, NWMLS said that its own rules on buyer agent compensation are fairer and more transparent than the terms NAR agreed to in March. [...]read moreNorthwest MLS criticizes $418M NAR settlement agreement, opts out