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Overblown rumors of demise? NAR has lost only 45K members since December

Housing Wire

The National Association of Realtors (NAR) reported that it had 1,509,195 members at the end of April, a decline of 2.96% from the 1,554,604 members it had at the end of 2023 but higher than its numbers in February and March. You can find more information in our recent update in Realtor Magazine.“ How many is unclear.

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Why there are so few real estate agents of color

Housing Wire

But they point to something more specific – homebuyers and sellers surprised to interact with a non-white real estate agent. Just 6% of all of the National Association of Realtors’ 1.4 HW+ includes weekly long-form digital content, HousingWire Magazine, access to HousingStack, and free admission to all HousingWire virtual events.

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The 100-years-war over real estate commissions

Housing Wire

We sifted through the present, which includes a raft of pending lawsuits that claim the National Association of Realtors and its member brokerages wage a “horizontal conspiracy” that rips off home sellers to the tune of billions of dollars each year. That’s part two, coming up Thursday. The rest of this content is for HW+ members.

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Commission lawsuit: HomeServices files motion for judgment as a matter of law

Housing Wire

In the motion, HomeServices claimed that no evidence has been presented to show they conspired with the National Association of Realtors (NAR) and other brokerages on rules for commissions. In addition, the contract stipulated that agents must join their local Realtor association.

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What’s next after a historic housing boom?

Housing Wire

real estate in 2022 may see challenges to its biggest enterprises, including the National Association of Realtors and Zillow , and shifting adjustments to how work is done amid the coronavirus pandemic. million homes sold at the end of September, according to National Association of Realtors data. on pace for 6.29

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HW+ Member Spotlight: Brian Gubernick

Housing Wire

But the issue that seems to take up space in my mind, and has for several years now, is the threat that I believe Realtors are under as it pertains to our role in the industry. There are just so many companies that have the objective of displacing the Realtor altogether. To become an HW+ member, click here.

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Opinion: Here’s what people are getting wrong about real estate commissions

Housing Wire

I recently read editorials and articles by such esteemed publications as The Economist , Entrepreneur Magazine , and The Wall Street Journal concerning the antitrust real estate commission lawsuits. And this one, “If not for the Realtors rule, many buyers wouldn’t use brokers or would negotiate lower commissions.