Whether you’re refining your business model, mastering new technology, or finding a strategy to take advantage of the next market boom, Inman Connect New York prepares you to take a bold step. The next chapter is about to begin. Please join us. Join us and thousands of other real estate leaders from January 22-24, 2025.
2024 was a great year.
In summarizing the top stories of 2024, it was no surprise to find that the articles all had to do with the National Association of Realtors, its settlements, other commission cases, or new rules arising from them. .
Participate in the December INMAN Intel Index Survey
So without further ado, here are the biggest stories of 2024, as selected in real time by Inman readers.
Andrea Brambilla February 23, 2024
Consumer watchdog CFA has welcomed the federal regulator’s proposal to ban seller compensation offers as a “watershed moment” in promoting real estate competition.
Andrea Brambilla January 8, 2024
The leader of the National Association of Realtors said she recently received “threats to reveal past personal, non-financial matters unless it jeopardizes her standing at NAR.”
By Taylor Anderson March 15, 2024
NAR Interim CEO Nikia Wright (left) and President Kevin Sears (right).
NAR agrees not to create rules that would allow listing agents to set compensation to buyer brokers as part of a settlement. HomeServices of America is not included in the contract.
Andrea Brambilla February 7, 2024
Screenshot of Jack Gately showing video of Kevin Sears’ appearance at Crush It in Real Estate in Boston on February 1, 2024.
In remarks in Boston that were later posted online, NAR’s new president, Kevin Sears, declared that real estate agents’ business will change, whether they embrace it or are “forced” to do so.
Andrea Brambilla February 1, 2024
Under the proposed agreement, Keller Williams must notify franchisees that no offer of compensation is required. They also agreed to revise training materials and eliminate rules requiring agents to participate in NAR.
By Taylor Anderson November 25, 2024
Getty Images
Ahead of a Nov. 26 final approval hearing on NAR’s proposed class action settlement, Justice Department lawyers narrowed down a provision that would require a written agreement between purchasers and agents before touring.
By Taylor Anderson April 5, 2024
NAR Interim CEO Nikia Wright (left) and President Kevin Sears (right).
In another loss for the National Association of Realtors, the court ruled that the U.S. Department of Justice can reopen its investigation into fee-sharing rules.
Andrea Brambilla, May 1, 2024
West End 61 | Getty Images
In an email, the 1.5 million-member trade group specified when agents must sign a written contract with a buyer, but stressed that the NAR does not dictate the terms of the contract.
Andrea Brambilla May 8, 2024
Photo by Erwan Hesry on Unsplash
Plaintiffs in the case known as “Baton 1” have filed for a temporary restraining order blocking final approval of the settlement with Keller Williams, Anywhere, and RE/MAX.
Taylor Anderson May 22, 2024
U.S. Attorney General Merrick Garland speaks at a meeting of the Department of Justice’s Election Threat Task Force on May 13, 2024 in Washington, DC. “If you threaten to harm or kill election workers, volunteers, or officials, the Department of Justice will find out,” said Garland, who started the task force three years ago in response to a spike in violent threats against election workers. He will be detained.” take responsibility. ” (Photo by Andrew Harnik/Getty Images)
Statements made by Justice Department lawyers during the May 21 standings hearing in the Nosarek Commission case provided new insight into the Department’s impressions of the NAR settlement.
By Lillian Dickerson March 29, 2024
Credit: Ultima_Gaina and John Lamparski / Getty Images Contributor
Corcoran told Yahoo! Treasurer believes the impact of the settlement will not be as earth-shaking as many think, but says: “The disruption it is causing is staggering.”
Andrea Brambilla August 19, 2024
In a phone interview, Michael Ketchmark, the lead plaintiff’s attorney, discussed Zillow’s business model and the “monster case” it is left with as a result of its violation of the NAR settlement.
Andrea Brambilla March 20, 2024
More than 90 brokerages will be excluded from the $418 million deal, but most will have acquisition options.
Written by Inman, March 15, 2024
James Dwiggins, Strategy Director Keith Robinson, and California Regional MLS General Counsel Ed Zorn addressed the NAR settlement in an exclusive livestream on Friday. Watch on demand.
Written by Jim Dalrymple II, July 24, 2024
The much-discussed listing agreement update reflects upcoming NAR rules but does not prevent sellers from providing compensation to buyers’ agents.
Andrea Brambilla March 19, 2024
Plaintiffs in Sitzer | Barnett ask court to order Berkshire Hathaway affiliates to pay most of approximately $5.4 billion in damages after NAR, Keller Williams, Anywhere, and RE/MAX settle I asked for it.
Written by Jim Dalrymple II, August 22, 2024
Homie
The lawsuit accuses NAR and major franchisors of violating antitrust laws. The company’s complaint includes text messages in which agents allegedly refused to show Homie’s listings.
Andrea Brambilla August 12, 2024
Plaintiffs are protesting the imposition of “mandatory” membership on real estate agents to access the MLS after the removal of “guaranteed brokerage commissions” from the MLS.
Andrea Brambilla August 6, 2024
Africa Studio / Shutterstock.com
The Consumer Federation of America also urges consumers to sign tour contracts with no financial obligations, rather than agreeing to pay an agent just to see homes.
Written by Matt Carter, March 18, 2024
If homebuyers are no longer willing to pay the full commission, what happens to lender programs that encourage consumers to work with affiliated real estate agents?
Written by Jim Dalrymple II, January 24, 2024
Mauricio Umansky at Inman Connect New York
The Agency’s founder is part of the team that launched the American Association of Realtors as NAR continues to face criticism and legal troubles.
Andrea Brambilla August 21, 2024
Doug Miller of American Real Estate Consumer Advocates, who led the first bomb antitrust case, warns of real estate agents’ “stay at the wheel” argument.
Andrea Brambilla June 12, 2024
Credit: Tingey Injury Law Firm _Unsplash
MLS PIN on Monday asked a district court to dismiss the Department of Justice’s argument against its settlement with home sales plaintiffs in the Nosarek Antitrust Commission case.
Written by Jim Dalrymple II, June 25, 2024
NAR’s landmark settlement prohibits seller’s agents from providing commissions to MLS buyer’s agents. Many startups are stepping in to fill the void.
Email the editor
