Trending News: January 17, 2024

In this episode special guest and KW Leader, Ericka Lalka, joins us to get into the latest headlines, including new homeseller suits in AZ and NY targeting commission rules and more hits for NAR following President Kasper’s exit. Plus…new CFA stats reveal 49% of agents sold either 1 home (or none) this past year!

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Show Notes

With Kasper exit, the hits keep coming for NAR: After a reported blackmail threat, NAR President Tracy Kasper has resigned from her post. What’s next for the embattled trade organization? Read more

49% of agents sold either 1 home or none at all in the past year: Agent ‘glut’ means part-timers are now the majority, leading to ‘widespread incompetence and pressure to maintain high commission rates,’ according to the Consumer Federation of America. Read more

Latest homeseller suits in Arizona, New York target commission rules: Class-action complaints filed by Joseph Masiello and Robert Friedman join chorus of litigation nationwide objecting to trade group rules requiring sellers to offer compensation to buyer brokers. Read more

Music by: Gloria Tells from Epidemic Sound

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