Content area

Abstract

Last year, the Department of Justice reopened investigations into the National Association of Realtors (NAR), the largest trade association in the US for real estate professionals. The group faced several lawsuits accusing it of antitrust behavior violating the Sherman Act. In Mar 2024, NAR agreed to settle and pay $418 million while implementing key changes to the way agent commissions are paid. This was a seismic shift in the industry, affecting all real estate agents, and on a tight timeline: All changes were required to be implemented by Aug 17. A by-invitation-only network, Leading Real Estate Companies of the World (LeadingRE) is home to 400- plus US-based independent residential brokerages. Its agents needed current, accurate, and trustworthy training to understand these changes, be equipped to explain them to their clients (buyers and sellers), and create a plan for success in the new landscape. That meant LeadingRE needed to "fly the plane while building it," i.e., develop, create, and deploy high-quality content about the changes as they were taking place.

Details

10000008
Company / organization
Title
OUTSTANDING TRAINING INITIATIVES
Author
Publication title
Training; Minneapolis
Volume
62
Issue
4
Pages
50-52
Number of pages
4
Publication year
2025
Publication date
Nov 2025
Publisher
Lakewood Media
Place of publication
Minneapolis
Country of publication
United States
ISSN
00955892
Source type
Trade Journal
Language of publication
English
Document type
Feature
ProQuest document ID
3288136882
Document URL
https://www.proquest.com/trade-journals/outstanding-training-initiatives/docview/3288136882/se-2?accountid=208611
Copyright
Copyright Lakewood Media 2025
Last updated
2026-01-02
Database
ProQuest One Academic