A $418 million settlement in March by NAR caught agents and leaders by surprise. In a mixed bag of responses to the latest Intel Index poll, they shared their early reactions and existential fears. This report is available exclusively to subscribers of Inman Intel, the data and research arm of Inman offering deep insights and market [...]read moreBrokers Brace For NAR Settlement To Drive Commissions South: Intel
This is a moment in history when NAREB and our national leaders must stand up for justice and equality, writes Dr. Courtney Johnson Rose, president of the National Association of Real Estate Brokers. Join the movement at Inman Connect Las Vegas, July 30 – Aug. 1! Seize the moment to take charge of the next [...]read moreHow NAR’s Settlement Threatens Black Realtors And Homebuyers
This article was shared here with permission from Mike DelPrete for Inman Intel, a data and research arm of Inman offering deep insights and market intelligence on the business of residential real estate and proptech. Subscribe today. There is an inverse correlation between how likely something is to occur and how much attention it gets — a [...]read morePossibility, Probability And Paradox After NAR’s Settlement: DelPrete
Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in February 2023 in eastern Ohio. The company said Tuesday that the agreement, if approved by the court, will resolve all class action claims within a 20-mile radius from the derailment and, for those residents who [...]read moreNorfolk Southern to pay $600M settlement related to train derailment in eastern Ohio
Analysts at investment bank Keefe, Bruyette & Woods believe that the Department of Justice will intervene in Sitzer/Burnett commission lawsuit after receiving the green light to reopen its investigation into the National Association of Realtors. In a note published on Sunday, the analysts wrote that thanks to this “favorable judgement, the DOJ is now unconstrained [...]read moreDOJ will intervene in NAR’s commission lawsuit settlement: KBW analysts
Join the movement at Inman Connect Las Vegas, July 30 – Aug. 1! Seize the moment to take charge of the next era in real estate. Through immersive experiences, innovative formats and an unparalleled lineup of speakers, this gathering becomes more than a conference — it becomes a collaborative force shaping the future of our [...]read moreForget The NAR Settlement. New Development Transactions Still Pay
Join the movement at Inman Connect Las Vegas, July 30 – Aug. 1! Seize the moment to take charge of the next era in real estate. Through immersive experiences, innovative formats and an unparalleled lineup of speakers, this gathering becomes more than a conference — it becomes a collaborative force shaping the future of our [...]read moreThe NAR Settlement Would Bring “Significant Benefits” To Buyers: CFA
Join the movement at Inman Connect Las Vegas, July 30 – Aug. 1! Seize the moment to take charge of the next era in real estate. Through immersive experiences, innovative formats and an unparalleled lineup of speakers, this gathering becomes more than a conference — it becomes a collaborative force shaping the future of our [...]read moreIt’s Up To You To Make Lemonade Out Of A Sour NAR Settlement Situation
Consumer misconceptions following the NAR settlement are wild. Jimmy Burgess talks to Keeping Current Matters CEO David Childers on how to communicate with today’s buyers and sellers. Join the movement at Inman Connect Las Vegas, July 30 – Aug. 1! Seize the moment to take charge of the next era in real estate. Through immersive [...]read moreHow Great Agents Win In The Face Of NAR Settlement Misinformation
Stock performance In the hours after the bombshell news of the settlement, residential real estate stocks went on a roller-coaster ride. Like all of the publicly traded brokerages, Zillow Group saw its stock prices slide, dropping 13.4% on the day of the NAR settlement announcement. The only firm to break from the pack was CoStar [...]read moreZillow or CoStar? NAR settlement terms could determine a winner