National Association of Realtors members gathered in the nation’s capital to take control of their reputation. Is it effective?
May is Inman’s commission and payroll month. We’ll sort through the noise and misinformation and provide you with the latest facts and strategies on how to prosper after a commission settlement. And find updates directly in your inbox with Inman’s new weekly digest, The Committee Chronicle.
Each week on Download, Inman’s Christy Murdoch goes deeper into the week’s hottest stories to give you the information you need to face Monday. This week: National Association of Realtors members gather in the nation’s capital to take control of their reputation. Is it effective?
Uncertainty has been the watchword for real estate agents for some time, but the last year or so has taken a toll on members of the National Association of Realtors. From scandals to settlements, real estate professionals have always wondered where their members’ money is going, what they’re paying for and whether it’s worth it.
From those who just want to do business without becoming members of NAR, to those who seek to shift the paradigm and build a new trade group, to those who are fighting to survive for the organization, there are many opinions to discuss. It’s chaos, frustration and – dare we say it? — and even expected realtors of all stripes to meet last week at the Realtors Legislative Conference in Washington, D.C.
Inman’s Andrea V. Brambilla Right there to ask the tough questions on your behalf and apply her deep knowledge of the industry and legal system to analyze those statements, note the discrepancies and bear witness to the country’s largest trade group like a newly divorced Real Housewife, NAR Seeking to reset, renew and renew its appeal to its members.
Oh, and by the way, don’t miss the story about her board meeting and the questions it raised about dues, ethics, and the number of those mysteriously missing members.
March 15, the day NAR signed the commission’s lawsuit settlement, was “the first day of our future,” NAR President Kevin Sears At a forum at the 1.5 million-member trade group’s mid-year meeting, he answered unsolicited questions seeking clarification on the proposed settlement of the commission’s lawsuit.
Sears, speaking at the Realtors Legislative Conference’s Broker Idea Exchange Committee Forum in Washington, D.C., thanked the roughly 100 attendees for speaking out against what he believed were “misinformation,” “half-truths” and “half-truths” from Realtors. Combat “obvious bad press”. Media about the proposed settlement.
Realtor.com CEO speaks out in support
Realtor.com CEO Damian Eales took to the podium at the MLS Forum on Monday to refute earlier claims from rival CoStar that Homes.com traffic was growing.
“Godspeed”: Enforcement Diversion of NAR Reconciliation Changes
At the Realtors Legislature meeting earlier this week, MLS executives were told they would be responsible for ensuring real estate agents and brokers comply with the new commission rules.
NAR Board of Directors votes to keep membership dues at
The trade group had said it planned to raise dues in 2025, but at Thursday’s Legislative Conference of Realtors board of directors meeting, it voted 894-20 to keep dues in place for another year.
This week, as NAR meets, talks, explains and takes action, Inman contributors do what they do – provide real-world advice and insights that make sense. Here are some of the week’s best tips for the industry, along with NAR’s Pulse questions so you can have your say.
What if NAR disappears?Check for catastrophic situations
Although dismantling the institutions built by NAR seems just, the founder of the brokerage firm Sean Frank writes that the collapse of NAR could mean the end of the industry as we know it.
How to ignore legal drama and focus on
While you need to be aware of the changes happening in your industry, C.E.O. Will Workman Write, you also need to make sure to focus on the things you can control.
Does NAR’s buy-side contract information provide the clarity you need?pulse
Agency, agreement and indemnification issues are pending. Do you have the information you need to move forward now?
Christy Murdock is a freelance writer, coach, consultant and owner of Write Real Estate. Follow Writing Real Estate on Instagram and subscribe to Tomato Sauce, a weekly roundup.
