Real estate’s Multiple Listing Service (MLS) was built on a century of shared data and mutual trust among brokers. Now, a panel of industry executives says that trust between agents and consumers is fraying as more properties get pulled into private listing networks. And, increasingly, panelists warn trust and cooperation between rival brokerages is wearing…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. NAR said it will “suffer prejudice” without Umansky fraud documents The National Association of Realtors® (NAR) is continuing to spar with PLS.com Founder Mauricio Umansky in the listing startup’s lawsuit against the organization.…
Monthly home sales slowed their descent but continued a downward trajectory, as reported by the National Association of Realtors® (NAR) Tuesday. Between June and July, existing-home sales decreased 1.7%, bringing the seasonally adjusted annual rate from 4.09 million to 4.06 million. Despite the drop month-over-month, NAR Chief Economist Lawrence Yun highlighted the stabilization of the…
Realtors Property Resource®, LLC (RPR)—a subsidiary of the National Association of Realtors® (NAR)—has announced the promotions of Emily Line to chief strategy officer and Janine Sieja to chief product officer. RPR stated that these promotions build on the leadership Line and Sieja already provide across RPR. In their expanded roles, they will help shape RPR’s…
The latest home price and affordability data report from the National Association of Realtors® (NAR) released Aug. 4 shows more than 80% of metro markets (176 out of 221) saw home-price increases in the second quarter of 2026, an increase from 71% in the first quarter, while 5% of metro areas recorded double-digit price gains,…
Four retired federal judges are formally protesting the procedure by which the National Association of Realtors® (NAR) and other big brokerages, including Anywhere, settled the buyer commission cases, saying that the practice will encourage “forum-shopping” by class-action defendants. In a 22-page letter, known as an amicus curiae brief, Diane Wood, David Coar, G. Patrick Murphy…
Second Century Ventures has announced eight companies for the 2026 REACH Commercial Scale-Up program—the eight cohort dedicated to scaling solutions for commercial real estate, according to a release. The companies selected for the 2026 REACH Commercial program represent a diverse range of solutions, including: Store-level sales data and shopper analytics Energy management and utility cost…
Foreign buyers purchased $45.3 billion worth of U.S. existing homes from April 2025 through March 2026, a 19% decrease in dollar value of homes purchased and a 14% decrease in number of properties from the previous 12-month period, according to the National Association of Realtors®’s (NAR) 2026 International Transactions in U.S. Residential Real Estate report,…
After recently aligning with REMAX in June for its first major coup, the American Real Estate Association (ARA) announced on July 28 that Compass International Holdings has officially joined the organization. As with REMAX, agents affiliated with Compass’s portfolio of brands will have the choice to become members of ARA. This landmark move gives agents…
U.S. District Judge Stephen R. Bough has appointed two “special masters”—third parties granted significant authority over witnesses, evidence and testimony—to audit JND Legal Administration’s billing in the Burnett and Gibson commission lawsuits against the National Association of Realtors® (NAR), capping months of scrutiny over the settlement administrator’s finances. The July 27 order names Chris T.…
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