MLSs and brokerages seeking to be released under the settlement agreement must act by June 18.

While NAR has long maintained—and continues to believe—that cooperative compensation and NAR's current policies are good things that benefit buyers and sellers, the association also acknowledges that continuing to litigate would have hurt members and their small businesses. So, NAR agreed to put in place a new rule prohibiting offers of compensation on the MLS. This is consistent with NAR's long-maintained position that prohibiting all offers of cooperative compensation entirely would harm consumers and be inconsistent with real estate laws in the many states that authorize them. NAR believes this agreement provides a path forward for the real estate industry and the association. Get more facts about NAR's settlement agreement at facts.realtor.

Jim Berryhill, founder of Decisionlink, says sales is a noble profession that allows sales people to help customers and colleagues. "In addition to helping customers achieve their goals and objectives, I've seen the sales profession lift people out of poverty, facilitate massive charitable giving, change people's ability to provide for their families and more," Berryhill says.

Don't talk about business as usual to this group: NAR's culture transformation commissioners and new leadership are helping to usher in big changes for the nation's largest real estate organization.

From induction ranges to faucet aerators, there are many ways to boost a kitchen's eco-friendly score.

Jim Martin of California Outdoor Properties is the listing agent for Pritchett Peaks Vineyard, a 120-acre estate in Sonoma County on the market for $11.9 million. The property features 45 acres of professionally planted vines, and Martin says it is the most significant vineyard ever listed in the area.

Luxury home sales rose more than 2% as some high-end buyers circumvented high mortgage rates with cash offers, according to first-quarter data from Redfin. Cash was paid in nearly half of luxury home sales, the highest rate in at least a decade, with the median price at a record $1.225 million.

Mark Tuitert, a speed skater who won a gold medal at the 2010 Vancouver Winter Olympics, follows the wisdom of the Stoics to focus on making the right choices, looking out for the interest of your team and building character, traits he outlines in his book, "The Stoic Mindset: Living the Ten Principles of Stoicism." "In all areas, from sports to politics to business, individuals and teams demonstrate that success doesn't have to come at the expense of others. The quest for character is the quest for a good life," Tuitert writes.

California has designated 10 cities as "pro-housing" due to support for equitable housing policies. This designation recognizes local leadership in accelerating housing production, providing financial housing subsidies, streamlining permitting processes and supporting land use policies that reduce construction costs.

The "easing bias" for interest rates "seems to be evaporating pretty quickly," according to Pimco's Jerome Schneider, with several Federal Reserve officials recently expressing a more hawkish outlook. Fed members have backed away from the suggestion that recent inflation numbers represented only a temporary bump in the road, says Blake Gwinn of RBC Capital Markets.