by Robert Smith | Jul 5, 2023 | Anywhere, HomeServices of America, Keller Williams, Lawsuit, MLS, News for Real Estate Agents, RE/Max, Real Estate News
On June 30, 2023, MLS PIN settled a restraint of trade lawsuit with plaintiffs in the Nosalek case. As part of the settlement, MLS PIN agreed to pay $3 million, overhaul its policies, and cooperate against the remaining real estate franchisors named in the lawsuit,...
by Robert Smith | Jun 30, 2023 | GSAR, Real Estate News, Uncategorized
In a June 28, 2023 letter to the GSAR Membershop Lynnore Fetyko annouced her retirement effective Dec 1, 2023. Lynnore has been CEO for 28 years, my entire real estate career. She took the helm at a very challenging time for the GSAR and has done a remarkable job...
by Robert Smith | Jun 29, 2023 | Lawsuit, National Association of REALTORS, News for Real Estate Agents, Real Estate News
On June 27, 2023, former National Association of Realtors (NAR) spokesperson Janelle Brevard filed a lawsuit in federal court against NAR, alleging racial and sexual discrimination. The suit alleges that President Kenny Parcell harassed female employees, one of whom...
by Robert Smith | Jun 29, 2023 | Housing Market, Real Estate News, Redfin
According to a recent report by Redfin, the decline in U.S. home prices is slowing down, with the smallest decline in over a month. The data shows that the housing market is rebounding from the COVID-19 pandemic and experiencing steady growth. The report also...
by Robert Smith | Jun 28, 2023 | National Association of REALTORS, News for Real Estate Agents, Real Estate News
The National Association of REALTORS (NAR) has recently launched an official search for its next CEO. The association’s current CEO, Bob Goldberg, announced his retirement earlier this year, and NAR has begun the search for his successor. However, the new CEO...
by Robert Smith | Jun 28, 2023 | Fannie Mae, Housing Market, Information for realtors, News for Real Estate Agents, Real Estate News
A recent press release from Fannie Mae, the government-sponsored mortgage lender, predicts that the US economy is likely to enter a recession in the second half of 2023. However, the press release also notes that the housing market is expected to remain strong, even...