{"id":2664,"date":"2021-11-22T20:58:04","date_gmt":"2021-11-22T20:58:04","guid":{"rendered":"https:\/\/www.realtrends.com\/blog\/2021\/11\/22\/what-is-the-next-step-for-nar\/"},"modified":"2025-03-13T02:39:38","modified_gmt":"2025-03-13T02:39:38","slug":"what-is-the-next-step-for-nar","status":"publish","type":"post","link":"https:\/\/www.realtrends.com\/blog\/2021\/11\/22\/what-is-the-next-step-for-nar\/","title":{"rendered":"What is the next step for NAR?"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/HW-real-estate-agent-homeowners.png\" alt=\"HW-real-estate-agent-homeowners\" class=\"wp-image-331703\"\/><\/figure><\/div>\n\n\n\n<p>In this Q&amp;A, Senior Real Estate Reporter <a href=\"https:\/\/www.housingwire.com\/author\/mblake\/\" target=\"_blank\" rel=\"noreferrer noopener\">Matthew Blake<\/a> gives HW+ members the inside scoop on what happened at <strong>NAR<\/strong>&#8216;s annual conference. Blake breaks down his biggest takeaways from the conference as well as what realtors should expect from the NAR agenda next year. <meta charset=\"utf-8\">The Q&amp;A was hosted in the HW+ Slack channel, which is exclusively available to members. To get access to the next Q&amp;A, <a href=\"https:\/\/www.housingwire.com\/membership\/\" target=\"_blank\" rel=\"noreferrer noopener\">you can join HW+ here<\/a>. <\/p>\n\n\n\n<p><meta charset=\"utf-8\">The following Q&amp;A has been lightly edited for length and clarity.<\/p>\n\n\n\n<p><strong>HousingWire:<\/strong> To begin, what was the biggest news from the conference?<\/p>\n\n\n\n<p><strong>Matthew Blake:<\/strong> Of course! My biggest concern in 2021 was that home prices would take off in an unhealthy way, even after what happened in 2020. Since I didn&#8217;t believe in the Forbearance Crash Bro premise, this was the number one concern.<\/p>\n\n\n\n<p>I think the biggest news was that NAR&#8217;s board passed three of the four planks that were part of the consent decree they hammered out with the <strong>U.S. Justice Department<\/strong> back in November 2020, and that DOJ withdrew from in July these were all regarding buyer&#8217;s agents being more transparent on how much they get paid (The one, arguably smaller, plank that did not make it through regarded lockbox access for non-MLS participants).<\/p>\n\n\n\n<p>I think there were some questions at the conference: were these passed to appease DOJ? or because this is what NAR&#8217;s 1.5 m agent members want? I guess NAR would partly respond to that by saying they represent agents and consumers.<\/p>\n\n\n\n<p><strong>HousingWire:<\/strong> To add on to that, what were you surprised by there, or what storyline did not anticipate?<\/p>\n\n\n\n<p><strong>Matthew Blake:<\/strong> I was surprised a bit by how contentious the buyer&#8217;s agents transparency measures were, specifically the disclosure of an agent&#8217;s expected commission rate that was treated as a faith accomplished by people I had talked to before the convention, but there was heated debated about it in the MLS committee meeting and to a lesser extent the Board meeting.<\/p>\n\n\n\n<p>Who was there and who wasn&#8217;t was also surprising. There were so many mortgage companies there, and <strong>CoStar<\/strong> had a huge presence. Meanwhile, giant real estate companies like <strong>Compass<\/strong> and <strong>eXp<\/strong> had a very limited presence, as did <strong>Zillow<\/strong> and <strong>Redfin<\/strong>.  &#8230;Article continued on <a href=\"https:\/\/www.housingwire.com\/articles\/what-is-the-next-step-for-nar\/\" target=\"_blank\" rel=\"noreferrer noopener\">HousingWire.com<\/a><\/p>\n\n\n\n<p><em>This article was originally published by HousingWire. The\u00a0<a href=\"https:\/\/www.housingwire.com\/articles\/what-is-the-next-step-for-nar\/\" target=\"_blank\" rel=\"noreferrer noopener\">full article is available on HousingWire.com\u00a0<\/a>for HW+ Members.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this Q&#038;A, Senior Real Estate Reporter Matthew Blake gives us the inside scoop on what happened at NAR&#8217;s annual conference, including the latest on the DOJ investigation.<\/p>\n","protected":false},"author":17354,"featured_media":4822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3255],"tags":[],"coauthors":[2252],"class_list":["post-2664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What is the next step for NAR? 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