Why Jenna Ryan Is a Test for NAR

Over on Inman, Andrea Brambila wrote a story in which NAR clarifies that what Jenna Ryan and other protestors at the Capitol did is not a violation of its new speech code rules: Participating in last week’s insurrection at the Capitol was not a violation of the National Association of Realtors’ new ethics policies unless a Realtor … Read more

The Big Test for REALTOR Associations and New Speech Code: The Jenna Ryan Situation

A reader who asks for anonymity sent along some information on what’s going down right now in the Republic of Texas. I wasn’t aware of it because, well, I have a life outside of politics… and frankly, you can find far better places on the web if you want to get into politics. However, this … Read more

The Seven Most Interesting People in Real Estate in 2020: The Unprecedented Edition

Welcome to the fifth installment of an annual tradition around here: the Seven Most Interesting People in Real Estate, the 2020 Pandemic Edition. This was a weird year, to say the least, and it isn’t over as I start this post. You know that word that was so popular all through 2020? “Unprecedented?” Yeah, unprecedented … Read more

Seven Predictions for 2021: The Eurovision Song Contest Edition

It’s that time of year again. Chestnuts roasting on an open fire. Jack Frost nipping at your nose. And Rob making ridiculous predictions sure to be wrong about the year to come. Welcome to the predictions for the Year After the Pandemic. Let’s all raise a glass and forget that 2020 ever happened, and move … Read more

Disparate Impact and the NAR Code of Ethics

In my previous post on the topic of the new NAR speech code regulations, I pointed out something I thought was problematic: In addition, the Committee recommends changing the definition of “Public Trust” with these changes: The Committee recommends that the definition of “public trust” be expanded to include all discrimination against the protected classes … Read more

Harshing the Mellow: NAR, DOJ, Lawsuits

I’m actually a bit busy with critical research and writing, but thought I’d take a moment out to write something fun and lighthearted about real estate. Then I read this in Inman: “DOJ-NAR settlement will effectively squash 2 consumer antitrust suits.” The author contends that the recent DOJ-NAR settlement is a wonderful thing, as it … Read more

CoStar Acquires Homesnap: Welcome to the Black Parade!

A couple of nights ago, I saw this news come across my feeds… but it was Sunday evening, and I needed to think about this a bit. The headline alone should give us all an idea of what’s what: CoStar Group Agrees to Acquire Homesnap, a Digital Residential Real Estate Solutions Provider Used by 300,000 … Read more

REX and the DOJ: Implications for the Future

[Quick disclosure: While I admire and respect Jack Ryan, CEO of REX, and count him as one of my friends, I have no business relationship with REX, apart from using them for a home purchase. I have spoken to REX prior to writing this post to make sure that I do not violate any confidentiality … Read more

The Terrible, Horrible, No Good, Very Bad Day for REALTORS in the New York Senate

I keep having to write posts like this, about NAR, about REALTORs, and the state of the industry. Some of you think I’m picking on NAR, but some of you who have known me longer, have worked with me on a variety of projects, know that I do this out of love. I genuinely believe … Read more