Sexual harassment suit against Move settles

The case alleging Move failed to provide a safe working environment and retaliated against Suzanne Mueller for participating in a sexual harassment investigation against an NAR executive was dismissed at the request of both parties. A sexual harassment lawsuit filed by Suzanne Mueller, the face of realtor.com at dozens of industry events over the last … Read more

‘Homebodies’ hampering housing market potential by not selling

“Homebodies” — homeowners who don’t want to give up their rock-bottom mortgage rates and seniors choosing to age in place — are keeping home sales from reaching their full potential, according to an analysis by First American Financial Corp. “Homebodies” — homeowners who don’t want to give up their rock-bottom mortgage rates and seniors choosing … Read more

They came for 2-sided deals — then a pocket listing debate broke out

Despite its title — “The End of the Two-Sided Deal: Will This Be The New Normal?” — a panel at Inman Connect quickly turned into an intense debate over the role of pocket listings. Do pocket listing bans ‘devalue’ agents, or benefit consumers?They intended to talk about two-sided deals, but stayed to debate pocket listings … Read more

Judge to REX: Stop calling NAR, Zillow a ‘cartel’

A judge also denied REX’s request for a preliminary injunction against NAR and Zillow. REX asked for the injunction after arguing that it was the victim of anticompetitive practices. Zillow and the National Association of Realtors (NAR) scored a victory in their legal fight with discount brokerage REX Wednesday when a judge said REX hadn’t … Read more

NAR, Updater partner to provide real-time relocation data to Realtors

The trade group will be able to use “pre-move” data to inform reports on migration patterns and housing demand. With “the great reshuffling” underway as people with increased flexibility to work from anywhere move to homes that better fit their needs, relocation trends can be hard to spot in real time. To tackle that problem, … Read more

DOJ: Pocket listing suit against NAR shouldn’t have been thrown out

On Wednesday, the U.S. Department of Justice put its finger on the scale in an antitrust lawsuit filed by a former pocket listing service against the National Association of Realtors and three of the nation’s largest multiple listing services, arguing that the lower court erred in dismissing the suit in February. At the same time, … Read more

Inman Handbook on pending home sales

This is the first installment of a new Inman series digging into, and explaining, routine real estate economic metrics and how they’re used to illuminate the current housing market and inventory crises. Check back tomorrow for the second installment on new-home sales. Each month, the National Association of Realtors (NAR) performs a ritual. In emails … Read more

Real (Estate) Talk: What being an anti-racist real estate pro really means

OK, it’s time to date myself here. Back in the 1980s and 1990s, calling something that we liked and considered good “bad” was an actual thing. In hindsight, I can say it was weirdly cool to call the antithesis of a thing that very thing, whether or not we took the dramatic and comic pause … Read more

Top Agent Network takes aim at office exclusives in NAR pocket listing policy

Top Agent Network, a firm that operates a members-only private group of real estate agents, is making one last attempt to stop the National Association of Realtors from enforcing a policy designed to curtail pocket listings by taking aim at the policy’s exception for office exclusives. A year ago, TAN filed a federal lawsuit alleging NAR and … Read more

The New Normal: What if agent pay was more than just commissions?

This is the third installment in “The New Normal,” a multistory Inman series exploring what’s returning to normal after the pandemic fades and what will never be the same. Don’t miss part 1, What if the brokerage of the future isn’t a brokerage at all? and part 2, What if real estate agents never go back to the … Read more

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