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WASHINGTON (September 20, 2016) – The vast majority of real estate firms have an optimistic outlook for the future of the industry’s profitability and growth, according to the National Association of Realtors® 2016 Profile of Real Estate Firms. Profitability expectations have declined from the 2015 survey, mainly due to inventory shortages and home-price growth, but real estate firms remain confident about their overall future profitability.

The report is based on a survey of firm executives who are members of the National Association of Realtors® and… Read More

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WASHINGTON (September 20, 2016) – Data Distribution Technologies, LLC (“DDT”) and the National Association of Realtors® (“NAR”) have settled several proceedings relating to U.S. Patent No. 6,529,908, titled Web-updated database with record distribution by email, including an Inter Partes Review of the patent requested by NAR. The terms of the settlement agreement include a covenant not to sue by DDT as to all NAR members, local and state associations, MLSs, affiliates, and certain other NAR-related entities.

The National Association of Realtors… Read More

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WASHINGTON (September 20, 2016) – The National Association of Realtors® is declaring a major victory against patent abuse in a settlement with Data Distribution Technologies, a subsidiary of the patent enforcement firm General Patent Corporation. DDT sued and threatened several real estate businesses in the past over use of a technology-related patent, but NAR challenged the patent’s validity before the U.S. Patent and Trademark Office and filed a declaratory judgment… Read More

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WASHINGTON (September 19, 2016) – Single-family home construction is currently lacking in 80 percent of measured metro areas despite steady job creation and the low activity is creating a housing shortage crisis that is curtailing affordability and threatening to hold back prospective buyers in many of the largest cities in the country, according to new research from the National Association of Realtors®.

NAR’s study… Read More

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WASHINGTON (September  19, 2016) – Since 2003, the National Association of Realtors® has dedicated September as Realtor® Safety Month; this year, as part of ongoing efforts to keep its members safe, NAR has an updated safety report available for members, firms and associations and a mobile app that has been expanded to include safety features.

“Like most jobs that require interacting with the public, selling real estate involves some level of risk,” said NAR President Tom Salomone, broker-owner of… Read More

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