NAR board approves $30 annual dues increase for 2019

The trade group plans to use the additional funds to boost its annual spending for political advocacy, a transaction management platform for members and other initiatives by $35.5 million and shore up its reserves.

NAR made $20 million from DocuSign IPO

The venture arm of the trade group, Second Century Ventures, made a total of $43.8 million from selling shares in DocuSign, returning $20 million to NAR and keeping $23.8 million for recapitalization.

Did NAR consider tech partners other than zipLogix?

The National Association of Realtors has never given transaction management firms other that zipLogix — a firm the trade group partially owns — a chance to compete for its business through price or any other means, according to three of the most popular such firms in the industry.

NAR’s top lawyer weighs in on association director conflicts

As the board of directors of the National Association of Realtors gears up to vote on proposed dues increases, the trade group’s chief attorney reminded its members who the directors owe fiduciary duty to: NAR.

NAR calls for unity ahead of dues vote

NAR President Elizabeth Mendenhall urged members to take charge of decision-making at the organization through their representatives on the trade group’s board of directors ahead of the Saturday vote by the board of directors to raise dues $30 in 2019 …

The government wants to know what’s up with real estate pocket listings

Pocket listings and state regulations regarding dual agency and minimum service requirements may be on the agenda at the real estate competition workshop to be held by Department of Justice and the Federal Trade Commission on June 5.

Inman reader poll: more than 80 percent against NAR dues hike

Readers left more than seven dozen comments underneath Inman’s poll explaining their answers. Most slammed the proposed dues increases, demanding NAR instead live within its means, offer a better value proposition or reallocate its current budget resou…

Strange bedfellows: NAR and Zillow agree on antitrust, sort of

There are few entities in the real estate industry that loom larger than real estate giant Zillow Group and 1.3 million-member trade group the National Association of Realtors…

Zillow posts bigger net loss than expected in Q1

The real estate giant posted a higher net loss than expected, but beat its own revenue expectations. The company posted revenue of $299.9 million in the first quarter, a 22 percent year over year increase.

NAR’s MLS manager jumps ship to Redfin

Caitlin McCrory, MLS manager of the National Association of Realtors for the past 20 months, is joining online brokerage Redfin as its head of industry relations.