Anywhere settles, NAR stands by its man amid outcry: Inman Top 5

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No one can predict the future, but you can prepare. Find out what to prepare for and pick up the tools you’ll need at the immersive Virtual Inman Connect on Nov. 1-2, 2023. And don’t miss Inman Connect New York on Jan. 23-25, 2024, where AI, capital, and more will be center stage. Bet big on the roaring future, and join us at Connect.

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories of the week, according to Inman readers.

And don’t miss The Download, our weekly column that breaks down one of the top stories of the week and equips you with what you’ll need to meet next Monday head-on.

1. Anywhere settles bombshell Sitzer and Moehrl commission lawsuits

Getty Images, Thomas De Wever, Werner Schnell, Christian Thiel, EyeEm

Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to “change its practices.”

2. ‘Insulting at minimum’: Realtors strike back as NAR holds the line

Realtors are cancelling memberships, hounding local boards and organizing petition drives days after NAR resisted calls Thursday to censure Bob Goldberg for his handling of misconduct claims.

3. NAR throws support behind Bob Goldberg in face of growing unrest

Support for the embattled CEO, who many expected to announce his early retirement as a result of a fast-moving harassment scandal, came late Thursday with a statement from new President Tracy Kasper.

4. Sue Yannaccone: Time to get the house in order

President and CEO of Anywhere Brands Sue Yannaccone writes that this is the time for leaders to find and use their voices so that the industry reflects the values it promotes.

5. 5 AI tools agents swear by in today’s market

The future is here, writes Jimmy Burgess, and AI is the vehicle. Take advantage of the opportunities it provides for smart growth in every area of your real estate business.

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Stocks slide, US yields rise after hawkish Fed stance

2/2 © Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City,...

Lawyers who sued Tesla board for excess pay want $10,000 an hour

© Reuters. FILE PHOTO: The logo of car manufacturer Tesla is seen at a branch office in Bern, Switzerland October 28, 2020....

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© Reuters The US Federal Reserve's Federal Open Market Committee (FOMC) announced on Wednesday that it would...

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Biden administration to boost domestic semiconductor industry with $238 million grant

© Reuters. The Biden administration announced on Wednesday a new initiative aimed at strengthening the domestic semiconductor industry, weakened...