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N.S. flood victim surprised by apartment makeover | SaltWireWASHINGTON - National Association of Realtors CEO Bob Goldberg has stepped down just days after a U.S. jury found realtors liable for inflating commissions and awarded $1.78 billion in damages.
"Bob Goldberg, who announced his planned retirement in June of this year, will serve as an executive consultant to NAR to help support the transition," it said, adding that it is conducting a comprehensive search process to identify a permanent CEO. The decision could upend decades-old practices that have allowed real estate agents to boost commissions as home prices and mortgage rates rise, making housing transactions more expensive for consumers.
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CEO of Realtors Group Steps Down Early After Commissions VerdictThe head of the National Association of Realtors, Bob Goldberg, will step down from that role ahead of schedule, days after a jury found the group had conspired with real estate brokerages to maintain high commissions for home sales.
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Douglas Elliman, Redfin, other realtors fall after $1.78 billion broker commission verdictShares in Douglas Elliman, Redfin, Compass and eXp World Holdings fell on Wednesday after they were sued for allegedly conspiring to artificially inflate...
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Douglas Elliman, Redfin, other realtors fall after $1.78 billion broker commission verdictExplore stories from Atlantic Canada.
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Hamilton-area Realtors report lots of inventory but fewer buyers through OctoberThe Realtors Association of Hamilton and Burlington says higher interest rates are causing more people to list their homes and increasing inventory.
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Days of homebuyers getting a 'free ride' are over: ExpertA Missouri jury decided the National Association of Realtors and several brokerages should pay $1.8 billion in damages for conspiring to inflate commissions....
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Nurses' association 'deeply concerned' about potential job cuts at Algoma Public HealthUnion says local board of health will be recommending a 'workforce reduction' to save money in the face of a projected $1.5M budget shortfall for next year
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