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California Realtor Claire O’Connor explores family losses, post-wildfire recovery in Palisades

Housing Wire

Some Realtors mentioned how they only had time to pack a bag. My first inclination was to go to my father-in-law’s house because he lived closer to Malibu, and I thought we’d just bring him to our house. Velt follows up with a question on Realtors outside the area targeting the Palisades after the wildfires.

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Compass tells MLSs to change CCP or face legal exposure

Housing Wire

Compass and its CEO, Robert Reffkin, have not been shy when it comes to voicing their displeasure over the National Association of Realtors (NAR) Clear Cooperation Policy (CCP). And at the MLS used by the San Francisco Association of Realtors , agents can designate listings as Coming Soon.

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NAR to vote on Clear Cooperation Policy as legal threat looms

Housing Wire

The National Association of Realtors (NAR) is poised to decide the fate of its controversial Clear Cooperation Policy (CCP) in the coming weeks. It accused NAR and several major real estate brokerages of conspiring to artificially inflate the commissions of agents representing sellers, a violation of federal antitrust law.

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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

PRO TIP You may see the terms “real estate agent” and “Realtor” used interchangeably. While a Realtor is indeed an agent, the term doesn’t work both ways. To be a Realtor, an agent must be a member of the National Association of Realtors® (NAR). This course covers real estate law, contracts, finance and ethics.

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Chuck E. Cheese, MLS listing books and the correct pronunciation of ‘Realtor’ were on the table during HousingWire’s commission lawsuit debate

Housing Wire

“I was sitting on my couch and I saw Michael on CNBC calling us a cartel, saying that we take money that doesn’t belong to us, and I was infuriated at that rhetoric and I was infuriated at what that infers about Realtors,” Lamacchia said. “It It dehumanizes Realtors and turns us into money-making machines.”

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BREAKING The New York State AMC Law Is Now In Effect

Miller Samuel

Back on April 19th , I wrote about the New York AMC law in my Housing Notes newsletter. After years of AMCs chipping away at the public trust, the New York AMC law was designed to protect the consumer. Here is the NYS "AMC Law" as a PDF or in plain text on the landing page of the law. No, it isn't.

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Brokers struggle to scale the brick wall of membership agreements

Housing Wire

Some real estate brokers have found their path blocked as they try to navigate the membership agreements mandated by NAR and their local Realtor associations to gain access to MLS listings. When I tried to speak up about it, I faced pushback and retaliation, which only confirmed that the system isnt designed to support people like me.

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