Latest News
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Webinar | NAR Litigation Settlement Update Recording
In case you couldn’t join us for the April 10th webinar, we have made the full recording available for you to stream. Join us for a discussion on the NAR Settlement with IR’s legal counsel Jason Risch and IR Past President Tracy Kasper, moderated by Idaho REALTORS® President Katrina Wehr. This webinar focuses on the NAR Settlement’s implications and the proactive measures Idaho REALTORS® can take in response. Jason Risch shares the legal aspects and updates that IR is looking into for our forms to align with the settlement terms, ensuring compliance and safeguarding our members’ interests. Tracy Kasper shares her perspective as a broker-owner, discussing how these changes will affect the real estate industry and individual practitioners. We want to thank our panel members for joining us for this…
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Department of Justice Appeal Update
Idaho REALTORS® has shared the following response from Katrina Wehr, 2024 Idaho REALTORS® President, regarding today’s announcement related to the Department of Justice appeal. This response was shared on social media earlier today. Today a federal court of appeals sided with the Department of Justice that a lower court incorrectly prohibited it from reopening an investigation of NAR and the association’s compensation policies. Katie Johnson, NAR Chief Legal Officer, released the following statement today: “As articulated by Judge Walker in his dissenting opinion, NAR believes that the government should be held to the terms of its contracts. We are reviewing today’s decision and evaluating next steps.” Idaho REALTORS® is reviewing the appellate court’s ruling, in addition to working on potential solutions under the proposed settlement in the Sitzer-Burnett litigation. Despite…
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What You Need to Know About the NAR Settlement
On March 15th NAR announced a proposed settlement of $418 million in the Sitzer-Burnett case regarding broker commissions. This settlement aims to resolve litigation for claims made by home sellers about commission structures. It covers NAR, its over one million members, REALTOR® associations at all levels, association-owned MLSs, and brokerages led by an NAR member with a residential transaction volume up to $2 billion in 2022. This settlement does not cover agents affiliated with HomeServices of America and its related companies, still contesting the case. Similarly, employees of other corporate defendants named in the lawsuit are excluded. Idaho REALTORS® wants to ensure that our members understand the shifting nature of this landscape and are kept appraised of the most pertinent developments. As we look ahead and prepare for the evolving…
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March Wednesday Webinar
Thank you to everyone who joined us for the Idaho REALTORS® March Wednesday Webinar. If you weren’t able to participate, or want to share the webinar recording it is now available on our YouTube channel. This months webinar features a discussion with Wayne Hammon, CEO of the Idaho Associated General Contractors, as he speaks on the intersection of development, growth, and the economy in Idaho’s housing sector. With a rich background in construction, policy advising, and leadership within Idaho’s largest network of construction professionals, Wayne offers valuable insights into how these critical areas impact housing availability in Idaho. Watch on our YouTube Channel
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#IAmYourREALTOR Campaign Kickoff
Share Your Story with Us on Social Media Using #IAmYourREALTOR How do you go above and beyond for your clients? In this first video in our new #IAmYourREALTOR campaign, Idaho REALTORS® 2024 President Katrina Wehr, invites all Idaho REALTOR® members to showcase the extraordinary lengths they go to for their clients. What is the extra value, care, and support that REALTORS® give their clients? Idaho REALTORS® aren’t just real estate professionals. They are YOUR REALTORS®.This campaign encourages REALTORS® to share their stories of going above and beyond, using the hashtag #IAmYourREALTOR, to highlight the invaluable role they play in bringing transactions to a successful close while fostering genuine care for both buyers and sellers. Join us in telling the world about the difference you make every day in the lives of…
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Webinar| NAR Litigation Follow Up Webinar with Jason Risch is NEXT WEEK
NAR Litigation Update with Jason Risch February 21, 2024 – 1:00 PM MT REGISTER HERE Join us next Wednesday at 1:00pm for our NAR Litigation Update Webinar with Jason Risch. This is the webinar which was previously schedule for January that was postponed. This meeting is a follow-up meeting to the November NAR litigation webinar. Jason Risch will provide an updated overview of the landscape for the current NAR cases in litigation, and answer questions from members. We encourage all members who are interested in being appraised of the developments to participate in this webinar.
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2024 Day at the Capitol
Wednesday, February 7, 2023 1:30 pm (MT)Lincoln Auditorium, Garden Level Idaho State Capitol 700 W Jefferson St. Boise, ID 83702 Join us February 7th for Idaho REALTORS® Day at the Capitol (All Times MT)The Below Schedule is Subject to Change 1:30 pm: Opening remarks from Idaho REALTORS® President Katrina Wehr & Government Affairs Director Max Pond 2:45PM – 2:55PM: BREAK 4:35PM: Adjourn Day at the Capitol Speakers include: The Honorable Governor Brad LittleThe Honorable Supreme Court Justice Robyn BrodyThe Honorable Lt. Governor Scott BedkeSuperintendent of Public Instruction Debbie CritchfieldHouse and Senate Majority and Minority Leadership Join Us for our Legislative Reception at Beside Bardenay at 5:30 pm. On February 7th, the Idaho REALTORS® will be hosting its annual Day at the Capitol event in Boise. This is a great opportunity for…
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THE VALUE OF REALTORS®: UPDATES AND FAQS ABOUT NAR
The real estate market can be a complex, misunderstood, and misrepresented landscape. Recently, 2024 President of the National Association of REALTORS® (NAR) and Idaho’s own Tracy Kasper, addressed critical issues facing the industry in an op-ed with USA Today. Now more than ever, it is crucial to clarify misconceptions and highlight the undeniable value REALTORS® bring to the table. What is the Burnett Trial? The Missouri case, initiated by a local plaintiff’s lawyer alleging that the National Association of REALTORS® (NAR) and others conspired to harm consumers by fixing commissions, is fundamentally flawed and unsupported by evidence. Contrary to these claims, NAR neither mandates any specific compensation from home sellers to buyers’ agents nor sets any commission rates. Despite this, the American judicial system provides NAR with the opportunity to contest…
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Register for the IR Health Insurance Plan Webinar
Join Us to learn More About the IR Health Insurance Plan before the December 14th enrollment’s deadline. Idaho REALTORS® and Decisely are hosting a Wednesday Webinar at 1:00 pm next week – Wednesday, December 13th – to discuss the IR Health Plan ahead of the open enrollment deadline. If you are interested in the new health plan and have any questions about enrollment, this webinar is for you. Register today to join, and Join us December 13th at 1:00 pm MT to learn more. Register for the Webinar HERE If you are an Idaho REALTOR® and would like to see if you are eligible for open enrollment, visit the Idaho Real Estate Benefits Center to view model plan designs and learn more about the program options. Visit IRHealthbenefits.com to Learn…
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In Case You Missed It: NAR Litigation Update Recording with IR Legal Counsel Jason Risch
Thank you to everyone who joined us for the NAR Litigation Update with IR Legal Counsel, Jason Risch. We understand that not everyone could attend, so we’re sharing our recording of the session along with a few highlights the highlights. For those who missed the event or would like to review the discussions, a recording of the session is now available to watch on our YouTube channel. Further Reading for Members: To further assist in your conversations with clients and to ensure you’re equipped with the latest information, we’ve compiled a list of resources: Competition In Real Estate: For talking points on offering choices to consumers, visit competition.realtor Understanding Real Estate Commissions: To help explain compensation options to clients, bookmark realestatecommissionfacts.com.
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