The National Association of Realtors (NAR) is once again seeking to dismiss allegations brought by former employee Roshani Sheth in her ongoing discrimination lawsuit against the organization. NAR filed another motion to dismiss the suit on Tuesday. This filing deals with Sheth’s second amended complaint, which she filed in early June, after all but her […]
NAR again seeks dismissal of discrimination and harassment suit Read More »
The housing industry is currently rife with consolidation, but the same wave of mergers and acquisitions has not taken the multiple listing service (MLS) sector by storm. Over the past two decades, the number of MLSs across the country has greatly decreased. As recently as a decade ago, there were more than 900 MLSs. But
‘I want one source’: Consolidation is picking up in the MLS space Read More »
Yet another MLS will not be implementing delayed marketing exempt listings. In early June, the board of directors for Minnesota-based NorthstarMLS voted to adopt the National Association of Realtors’ (NAR) new Multiple Listing Options for Sellers (MLOS) policy. But the organization will not implement the optional delayed marketing exempt listings provision or limit IDX and
NorthstarMLS says no to delayed marketing exempt listings Read More »
The National Association of Realtors (NAR) praised the narrow passage of President Donald Trump’s One Big Beautiful Bill Act — a sweeping tax reform measures that includes a slate of real estate-related provisions. Last week, the legislation passed the House of Representatives by a vote of 218-214, which followed a 50-50 vote in the Senate
NAR celebrates passage of the ‘Big Beautiful Bill’ Read More »
The plaintiffs in the fake leads lawsuit involving Move, News Corp. and the National Association of Realtors (NAR) have announced that they’ll be filing a motion for the court to reconsider its ruling on the defendants’ motion to compel arbitration as early as Aug. 8. Lead plaintiff James Bandy and 12 other named plaintiffs are
Plaintiffs in fake leads lawsuit ask court to reconsider ruling Read More »
Despite strong interest in home-buying, affordability challenges and misconceptions about down payments are deterring many potential buyers, according to a new survey from NeighborWorks America. The nonprofit organization reports that 27% of U.S. adults say they plan to buy a home within the next year. However, among those who are postponing or not planning to
Survey: Down payment concerns delay homeownership for many Read More »
Zillow’s listing standards policy may have only been in effect for one day, but Eric Johnson, a Boston-based Compass agent and team leader, said he has already seen an impact. “Our team has only received a warning so far, but I personally know several agents whose listings have already been banned,” Johnson, who leads Mission
How many listings have been impacted by Zillow’s new policy? Read More »
If you are familiar with ThePLS.com’s original antitrust suit filed in 2020 against the National Association of Realtors over NAR’s Clear Cooperation Policy (CCP), reading the new suit filed Tuesday might give you déjà vu. In its 31-page complaint filed in U.S. District Court in Los Angeles, the PLS notes that “Paragraphs 1-121 of this
Do you get déjà vu? The PLS sues NAR — again Read More »
Senate Republicans on Tuesday advanced President Donald Trump’s sprawling “Big Beautiful Bill” in a last-second flurry that required Vice President JD Vance to cast a tie-breaking vote. All 47 Senate Democrats voted against the bill, with Republicans Susan Collins, retiring Thom Tillis and Libertarian deficit hawk Rand Paul joining them. The bill now goes back
Housing industry cheers Senate passage of the ‘Big Beautiful Bill’ Read More »
Despite growing attention around all-cash transactions, most Americans — especially first-time buyers — continue to finance their home purchases, according to new data from the National Association of Realtors (NAR). Among primary residence buyers, 74% financed their home purchase in 2024. That share jumps to 91% for first-time buyers, said Jessica Lautz, NAR’s deputy chief
NAR: Homebuyers still have down payment misconceptions Read More »