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Wall Street Journal Editors Accuse Realtors of Playing a ‘Rigged Game’

Wall Street Journal Editors Accuse Realtors of Playing a ‘Rigged Game’

by Phil Hall | Mar 20, 2024 | Industry Updates, News/Current Events, Real Estate News

The editorial board of the Wall Street Journal accused the real estate profession of working against the best interests of their clients with “a rigged game that pads their pockets at the expense of consumers.” In an editorial titled “The Realtors Stage a $418 Million...
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...
NAREB Seeks to Prepare Members for Changes to Real Estate Commissions

NAREB Seeks to Prepare Members for Changes to Real Estate Commissions

by Phil Hall | Mar 19, 2024 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The National Association of Real Estate Brokers (NAREB), which represents the interests of more than 100,000 Black real estate professionals, is preparing its member agents and brokers for the post-Sitzer/Barnett environment created with the National Association of...
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...
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