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NAR Pushes Back at Biden’s Claim That Realtors Drive Up Home Prices

NAR Pushes Back at Biden’s Claim That Realtors Drive Up Home Prices

by Phil Hall | Mar 20, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) called out President Biden for misrepresenting how real estate professionals do their jobs. In a campaign speech delivered yesterday in Nevada, the president alluded to NAR’s $418 million settlement of the...
Agents Prepare for Worst in Wake of NAR Settlement Offer

Agents Prepare for Worst in Wake of NAR Settlement Offer

by Rick Grant | Mar 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market

While the ink isn’t even on the paper yet, much less dry, the recent $418 million settlement offer by the National Association of Realtors (NAR) (which it called an “agreement reached” in its press release) has experienced real estate agents expecting the...
A Phil Hall Op-Ed: X Marks the NAR Settlement Spot

A Phil Hall Op-Ed: X Marks the NAR Settlement Spot

by Phil Hall | Mar 18, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Following Friday’s announcement of the National Association of Realtors’ (NAR) $418 million settlement of the Sitzer/Barnett lawsuit and its pledge to change its commission structure in the home sale process, a lot of people had the overwhelming urge to voice their...
Hits and Misses for the Real Estate Week of March 11-15

Hits and Misses for the Real Estate Week of March 11-15

by Phil Hall | Mar 15, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An unexpected settlement, an unexpected resignation and the unexpected closing of 1,000 stores. From the wild and wooly world of real estate, here are the Hits and Misses for the week of March 11-15. Miss: NAR’s White Flag. The National Association of Realtors...
National Association of Realtors in $418 Million Settlement Over Commissions Lawsuits

National Association of Realtors in $418 Million Settlement Over Commissions Lawsuits

by Phil Hall | Mar 15, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) has agreed to a $418 million settlement that will resolve a series of lawsuits that challenged its rules on real estate broker commissions. The New York Times reported that it obtained a copy of the settlement, which will be...
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