The 24 Most Read Inman Real Estate News Stories of 2024
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What a year 2024 was.
In summarizing the top stories of 2024, it wasn’t surprising to discover that the articles all have something to do with the National Association of Realtors, its settlement, other commission cases or new rules arising from it.
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Without further ado, here are the biggest news stories of 2024, as chosen in real time by Inman readers.
By Andrea Brambila, February 23, 2024
Consumer watchdog CFA has welcomed the federal agency’s proposal to ban sellers from making compensation offers as a “major turning point” in promoting greater competition in real estate.
By Andrea Brambila, January 8, 2024
The leader of the National Association of Realtors said she recently received a “threat to disclose a past personal, non-financial matter unless she jeopardized her position at NAR.”
By means of Taylor Anderson, March 15, 2024
NAR interim CEO Nykia Wright, left, and President Kevin Sears, right.
NAR would agree not to create rules that allow listing agents to set buyer agent compensation as part of the settlement. HomeServices of America is not included in the deal.
By Andrea Brambila, February 7, 2024
Screenshot of Jack Gately showing video of Kevin Sears’ performance at Crush It in Real Estate in Boston on February 1, 2024
In remarks made in Boston that were later posted online, new NAR President Kevin Sears stated that things will change for real estate agents — whether they embrace it or “have it shoved down our throats.”
By Andrea Brambila, February 1, 2024
Under the proposed deal, Keller Williams must inform franchisees that offers of compensation are not required. It also agreed to revise training materials and end rules requiring officers to join NAR.
By Taylor Anderson, November 25, 2024
Getty Images
Ahead of a final approval hearing on Nov. 26 on NAR’s proposed class action settlement, DOJ attorneys narrowed in on a provision requiring written agreements between buyers and agents prior to tours.
By Taylor Anderson, April 5, 2024
NAR interim CEO Nykia 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 commission-sharing rules.
By Andrea Brambila, May 1, 2024
Westend61 | Getty Images
In an email, the 1.5 million-member trade group specified when agents should have signed written agreements with buyers, but emphasized that NAR would not dictate the terms of the agreements.
By Andrea Brambila, May 8, 2024
Photo by Erwan Hesry on Unsplash
The plaintiffs in a lawsuit known as Batton 1 have filed for a temporary restraining order blocking final approval of the Keller Williams, Anywhere and RE/MAX settlements.
By Taylor Anderson, May 22, 2024
U.S. Attorney General Merrick Garland speaks at a meeting of the Election Threats Task Force at the Department of Justice on May 13, 2024 in Washington, DC. Garland, who created the task force three years ago after a sharp increase in violent threats against election workers, said: “If you threaten to harm or kill an election worker, volunteer or official, the Department of Justice will find you and we will hold you. responsible.” (Photo by Andrew Harnik/Getty Images)
Statements made by a DOJ attorney at a May 21 status hearing in the Nosalek Commission case provide new insight into the Justice Department’s impression of the proposed NAR settlement.
By Lillian Dickerson, March 29, 2024
Credit: Ultima_Gaina and John Lamparski / Getty Images Contributor
Corcoran told Yahoo! Financially, she does not believe the consequences of the settlement will be as earth-shattering as many claim, but that “the confusion it causes is astounding.”
By Andrea Brambila, August 19, 2024
In a telephone interview, Michael Ketchmark, the attorney for the lead plaintiffs, addressed the consequences of violating the NAR settlement, Zillow’s business model and the “monster case” that remains.
By Andrea Brambila, March 20, 2024
More than 90 brokers would be left out of the $418 million deal, although most have the option to buy in.
By Inman, March 15, 2024
James Dwiggins, Strategic Officer Keith Robinson and Ed Zorn, the California Regional MLS general counsel, addressed NAR’s settlement in an exclusive livestream on Friday. View it on demand.
By Jim Dalrymple II, July 24, 2024
A much-publicized update to the listing agreement reflects the upcoming NAR rules, but does not prevent sellers from offering compensation to buyer agents.
By means of Andrea BrambilaMarch 19, 2024
Sit | Burnett plaintiffs asked the court to order the Berkshire Hathaway affiliate to pay most of the nearly $5.4 billion in damages after NAR, Keller Williams, Anywhere and RE/MAX settled.
By Jim Dalrymple II, August 22, 2024
House
The lawsuit accuses NAR and major franchisors of violating antitrust laws. The company’s complaint includes alleged text messages in which agents refused to show Homie listings.
By Andrea Brambila, August 12, 2024
The plaintiffs protest the “mandatory” membership of brokers to access the MLS following the removal of “the guaranteed broker commission” from the MLS.
By Andrea Brambila, August 6, 2024
Africa Studio / Shutterstock.com
The Consumer Federation of America also tells consumers that they should not agree to pay an agent just to show a home, but should instead sign a travel agreement with no financial obligations.
By Matt Carter, March 18, 2024
If homebuyers are no longer willing to pay the full commission, what happens to lenders’ programs that encourage consumers to work with partner brokers?
By Jim Dalrymple II, January 24, 2024
Mauricio Umansky at Inman Connect New York
The Agency’s founder is part of a team creating the American Real Estate Association as NAR continues to face criticism and legal challenges.
By Andrea Brambila, August 21, 2024
Doug Miller of Consumer Advocates in American Real Estate, the initiator behind the first antitrust case, is sounding the alarm against the talk of real estate agents who “keep steering.”
By Andrea Brambila, June 12, 2024
Credit: Tingey personal injury law firm _Unsplash
MLS PIN on Monday urged a district court to reject the Justice Department’s arguments against a settlement with home seller plaintiffs in the Nosalek antitrust commission case.
By Jim Dalrymple II, June 25, 2024
NAR’s historic settlement prevents seller’s agents from offering commissions to buyer’s agents in the MLS. A series of new companies are stepping in to fill the void.
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