REACH Commercial program, backed by the National Association of Realtors and Second Century Ventures, announced the companies selected for its 2024 Commercial Scale-Up program: Acres: A geospatial land research platform designed for brokers and agents involved in land transactions. Infinityy: Uses immersive AI companions…

Geek Estate is about celebrating entrepreneurship, focused on real estate tech (residential and commercial). The REACH  program, backed by the National Association of Realtors and Second Century Ventures, is a big part of the broader ecosystem. This week, the REACH LATAM program announced announced their…

The Sitzer v. NAR antitrust lawsuit has the potential to turn an industry-accepted compensation construct on its head. At stake in this case is whether four commission-sharing rules within the National Association of REALTORS® Handbook and Code of Ethics subscribed to by all REALTORS® amount…

According to NAR there has been a lot of speculation recently about the 2008 settlement agreement between the DOJ and NAR. Even though NAR reached an agreement with the DOJ, they successfully discouraged most brokers from using a VOWs by allowing the MLS to charge…

Mass Code of Ethics confusion is the best way to describe what happened when I inquired in a Facebook Group about an ethics violation another Broker said I committed during our negotiation when I requested he reduce his commission. Many said it was an ethics…

We’ve had a lot of discussion in the GeekEstate community about Placester’s recent deal with NAR to provide IDX-fed websites to Realtors for $5/mo. I asked Seth Price, VP of Marketing at Placester, to answer a few of your questions.  We speak fairly frankly on…

The NAR Board Of Directors voted today on long list of issues from the use of drones to take property photos and member codes of excellence to rules that require MLS boards to expand the data they provide for use on broker and agent sites through current IDX…

I’ll be representing GeekEstate blog in New Orleans this week at the annual NAR Realtors Convention & Expo. The event will take place the 7th through the 10th. This year’s conference, “Realtors® in Full Swing,” is expected to draw more than 17,000 Realtors® and guests. If…

Recently NAR announced that they had “won the rights” to offer .realtor as a top level domain. Today they have announced they have also garnered control of .realestate as an additional TLD service offering. They said that “business rules” and pricing of the domain would…