Kevin Sears

Coming up after the break, what does the NAR have to say for itself? The settlement was part of our agreement where we didn't admit to any wrongdoing. I'm Stephen Dubner. This is Freakonomics Radio. We'll be right back.

My name is Kevin Sears. I am a broker associate with Lamacchio Realty in Springfield, Massachusetts. OK, also. And I'm the 2024 president of the National Association of Realtors.

My name is Kevin Sears. I am a broker associate with Lamacchio Realty in Springfield, Massachusetts. OK, also. And I'm the 2024 president of the National Association of Realtors.

My name is Kevin Sears. I am a broker associate with Lamacchio Realty in Springfield, Massachusetts. OK, also. And I'm the 2024 president of the National Association of Realtors.

Yeah. You know, typically when I do the interviews, I'm used to just talking with local media and they want to know the brokerage I'm with. Yeah. I understand.

Yeah. You know, typically when I do the interviews, I'm used to just talking with local media and they want to know the brokerage I'm with. Yeah. I understand.

Yeah. You know, typically when I do the interviews, I'm used to just talking with local media and they want to know the brokerage I'm with. Yeah. I understand.

The National Association of Realtors is a trade organization that has about 1.5 million realtor members across the country. We are a trade association that advocates for our members and for property owners' rights across the country. What share of all real estate agents belong to the National Association of Realtors?

The National Association of Realtors is a trade organization that has about 1.5 million realtor members across the country. We are a trade association that advocates for our members and for property owners' rights across the country. What share of all real estate agents belong to the National Association of Realtors?

The National Association of Realtors is a trade organization that has about 1.5 million realtor members across the country. We are a trade association that advocates for our members and for property owners' rights across the country. What share of all real estate agents belong to the National Association of Realtors?

I think that there's probably close to about 3 million licensees across the country. And so we've got about half of them that are members of the National Association of Realtors, which, you know, part of the requirement to be a member is you have to subscribe to the Code of Ethics, which is very important for us. And it's been around for over 100 years.

I think that there's probably close to about 3 million licensees across the country. And so we've got about half of them that are members of the National Association of Realtors, which, you know, part of the requirement to be a member is you have to subscribe to the Code of Ethics, which is very important for us. And it's been around for over 100 years.

I think that there's probably close to about 3 million licensees across the country. And so we've got about half of them that are members of the National Association of Realtors, which, you know, part of the requirement to be a member is you have to subscribe to the Code of Ethics, which is very important for us. And it's been around for over 100 years.

Yeah, I'm not sure where you read that. That was the New York Times. Yeah, the New York Times has been known to get some things wrong. What I'll tell you is that the National Association of Realtors, we absolutely do have some assets. And part of the assets that we have are properties that we own, that we use. We also have reserves built up from dues from our members.

Yeah, I'm not sure where you read that. That was the New York Times. Yeah, the New York Times has been known to get some things wrong. What I'll tell you is that the National Association of Realtors, we absolutely do have some assets. And part of the assets that we have are properties that we own, that we use. We also have reserves built up from dues from our members.

Yeah, I'm not sure where you read that. That was the New York Times. Yeah, the New York Times has been known to get some things wrong. What I'll tell you is that the National Association of Realtors, we absolutely do have some assets. And part of the assets that we have are properties that we own, that we use. We also have reserves built up from dues from our members.

We also have different wholly owned subsidiaries that invest in property technology and that sort of thing.

We also have different wholly owned subsidiaries that invest in property technology and that sort of thing.

We also have different wholly owned subsidiaries that invest in property technology and that sort of thing.

Here's what Kevin Sears says. Commissions are entirely negotiable, and they have been for the entirety of the 30 years that I've been a real estate licensee and a realtor.