According to the National Association of Realtors®, first-time home buyers have reached a historic low of 24%, while the average buyer age has climbed to a record high of 56 years overall—with 38 years for first-time buyers and 61 for repeat buyers.
Judge approves $110M settlements for Compass, Redfin, and seven other brokerages in the Gibson/Umpa commission lawsuit, marking one year since the Sitzer/Burnett verdict.
Here’s a recap of major real estate industry developments since the Sitzer/Burnett verdict, from NAR settlement updates to an objection that could change everything. We’re also sharing a timeline of BAM events, including our final event of 2024.
Law professor Tanya Monestier objects to the NAR settlement, highlighting its reinforcement of seller-paid commissions through industry ‘workarounds.’ Her objection also critiques high attorney fees.
Nearly a decade after Stefan Swanepoel published his D.A.N.G.E.R. Report, we now have his long-awaited sequel, The Real Estate Opportunity Report, with 20 opportunities offering a strategic roadmap for brokers, agents, and industry stakeholders.
Join Byron Lazine and Rob Hahn, aka Notorious ROB, in a fireside chat at BAM Mania as they discuss the future of real estate, the potential downfall of NAR’s Clear Cooperation Policy, and how younger agents are driving industry change.
The National Association of Realtors® (NAR) has released a new consumer guide breaking down listing agreements, helping home sellers understand agent compensation, representation options, and negotiation strategies.
WAV Group’s Post-Settlement Sentiment Survey reveals key insights into how real estate agents and brokers perceive the value of services provided by local associations and MLSs.
The National Association of Realtors (NAR) has filed a petition with the U.S. Supreme Court, challenging the DOJ’s attempt to reopen a closed antitrust investigation.
After 17 years with the National Association of Realtors (NAR), Katie Johnson is stepping down as Chief Legal Officer.
The National Association of Realtors recently launched a new series of Consumer Guides aimed at educating home buyers and sellers—but reactions from real estate agents are mixed.
Roshani Sheth, a former employee of the National Association of Realtors (NAR.), filed an amended complaint against the organization on Tuesday. The federal lawsuit accuses the organization of sexual harassment, racial discrimination and retaliation.
For daily real estate news, business and marketing.
