St Louis New Home Building Permits – October 2024
(click on table below for live interactive charts and more data)
But Wolf Branch DIST 113 isn’t the only school district with a quick turnaround time. Coming in at a close second is Jefferson Co. R-VII in Unincorporated, MO, with an average of 30 days on the market for its 5 listings. And just a bit further down the list is MOUNT OLIVE DIST 5 in Illinois, with an average of 34 days on the market for its 5 active listings. To see the full list of the fastest selling school districts in the St. Louis metro area, visit MORE, REALTORS® for more information. Don’t miss your chance to buy or sell in these sought-after areas.
The median list price in the metro east update also saw a significant increase of 20.59% from $170000 in November 2023 to $205000 in November 2024. However, there was a decrease in the number of home sales, with 537 recorded in November 2024 compared to 575 in November 2023.
These numbers indicate a strong seller’s market in the metro east update, with high demand and rising prices. It is important for buyers to act quickly and work with a reputable real estate agent, such as MORE, REALTORS®, to navigate the competitive market.
For homeowners looking to sell, now may be a great time to take advantage of the high demand and rising prices. Contact MORE, REALTORS® for a personalized market analysis and expert guidance on selling your home in the metro east area. With our extensive knowledge and experience, we can help you achieve your real estate goals in this thriving market.
While the median sold price saw a slight decrease of 2.57% from October 2024, when it was $370,000, the overall trend is still on the rise. Additionally, the median list price for homes in the update was $359,900, a 2.86% increase from November 2023’s median list price of $349,900.
In terms of sales volume, there were 360 home sales in the St Charles County update during November 2024, a 4.05% increase from the 346 sales in November 2023. This indicates a healthy and active market for both buyers and sellers.
If you’re in the market for a home in St Charles County, now is a great time to buy. And if you’re considering selling, the market is showing strong demand and increasing prices. Don’t miss out on this opportunity to make a move in the St Charles County real estate market. Contact MORE, REALTORS® today for expert guidance and assistance.
However, there was a slight decrease in median sold price from the previous month, with October 2024 showing a median sold price of $277,000. This decrease of 4.33% is likely due to seasonal fluctuations and is not indicative of a larger trend.
The median list price for homes in the stl msa update also saw a significant increase, rising to $265,000 in November 2024. This is a 12.77% increase from November 2023, when the median list price was $235,000.
Despite these increases in prices, there were 2397 home sales in the stl msa update in November 2024, a slight decrease of 7.81% from November 2023. This could potentially be attributed to the ongoing supply shortage in the market.
For a visual representation of these numbers, please refer to the chart below, which is available exclusively from MORE, REALTORS®. As always, our team is dedicated to providing accurate and timely data to help you make informed decisions in the St. Louis real estate market.
For St. Louis homeowners considering selling their homes, the 2024 National Association of Realtors Profile of Home Buyers and Sellers offers valuable insights into current trends. According to the report, the median time a home spends on the market remains a swift three weeks, with 49% of all homes selling within just two weeks. For sellers, this indicates that pricing your home competitively and working with an experienced agent can lead to quick and successful sales.
Additionally, the median sales price continues to align with the listing price, holding steady at 100% of the asking price. This consistency underscores the importance of proper market preparation and strategy. Homes that linger longer on the market often see price adjustments, as highlighted by the data showing 65% of sellers did not reduce their asking price, while 21% made one adjustment.
Finally, homeowners’ motivations for selling reflect the changing dynamics of life. Whether it’s downsizing because a home feels too large (11%), relocating to be closer to family (23%), or moving due to a job relocation (7%), understanding these reasons can help sellers frame their decisions and goals effectively.
If you’re considering listing your St. Louis home, connect with the local experts at MORE, REALTORS® to ensure you’re informed and prepared for a seamless selling experience. The full 2024 NAR report is available below for further insights.
The crux of RealPage’s argument is that their software merely provides aggregated data and recommendations, leaving ultimate pricing decisions in the hands of individual landlords. They maintain that the data analytics tools help landlords operate more efficiently in competitive rental markets, rather than stifling competition as alleged. For rental property owners in St. Louis, this motion highlights the growing scrutiny surrounding automated pricing tools, which are widely used to manage rents effectively in a dynamic market.
While RealPage’s motion seeks to clarify and defend its practices, this case serves as a reminder for St. Louis landlords to carefully evaluate their own pricing strategies and tools. Whether you use software to determine rent adjustments or rely on local market trends, ensuring transparency and compliance with fair housing laws is more important than ever. As this legal battle unfolds, investors may want to keep a close watch on the implications for rental property management technology and regulations.
For tailored advice on navigating legal changes in the St. Louis rental market, the team at MORE, REALTORS® is here to help. Our expertise in market trends and compliance can help you maximize your investments while staying ahead of regulatory challenges.
You can read RealPages motion to dismiss, along with its 35 page brief in support of the motion, below.
This decrease in median sold price is also reflected in the month-over-month data, with a 6.31% decrease from October 2024 when the median sold price was $253499. The median list price for homes in Franklin County also saw a slight decrease of 1.11% from $242700 in November 2023 to $240000 in November 2024.
Despite the decrease in prices, the number of home sales in Franklin County has actually increased. In November 2024, there were 83 home sales, a 3.75% increase from 80 in November 2023. This could indicate a strong demand for homes in the area.
As we head into the end of the year, it will be interesting to see how the real estate market in Franklin County continues to evolve. For more information and detailed data, please refer to the chart below, available exclusively from MORE, REALTORS®. Whether you are buying or selling in Franklin County, our team of experienced agents is ready to assist you with all of your real estate needs.
The National Association of Realtors’ 2024 Profile of Home Buyers and Sellers provides fascinating insights into the evolving preferences and demographics of today’s real estate market. As reflected in the charts below, buyers continue to seek homes and neighborhoods that align with their lifestyles and values, while trends in home size, type, and location highlight shifting priorities.
Key Highlights from the Report
- Family Dynamics in Home Purchases: The share of homebuyers without children under 18 in the home has risen significantly, reaching 73% in 2024, compared to just 41% in 1981. This trend underscores how demographic changes are shaping the housing market, with more buyers focusing on personal preferences or retirement needs rather than family-centric requirements.
- Neighborhood Selection Drivers: When choosing a neighborhood, 59% of buyers cited the quality of the neighborhood as the top factor, while proximity to friends and family came in second at 45%. Affordability, shopping convenience, and walkability were also notable influences.
- What Homebuyers Want: Detached single-family homes remain the gold standard, with 75% of buyers opting for this type of property. However, preferences between new and previously owned homes differ—31% of buyers chose new homes for features like energy efficiency, while 31% opted for previously owned homes citing better overall value.
Emerging Trends in Home Sizes and Environmental Features
The report reveals that the median size of homes purchased by first-time buyers remains modest at 1,500 square feet, while repeat buyers prefer larger homes averaging 2,000 square feet. Meanwhile, the importance of energy-efficient features continues to grow, with heating and cooling costs cited as very important by 33% of buyers.
For those interested in diving deeper, the complete report can be accessed below. As always, if you’re considering buying or selling a home in the St. Louis metro area, the expert agents at MORE, REALTORS® are here to assist. We pride ourselves on understanding the market trends and finding the perfect fit for your needs. Contact us today to explore your options!
The 2024 Profile of Home Buyers and Sellers, published by the National Association of Realtors (NAR), provides a detailed look at the trends shaping the real estate market. One of the most striking takeaways is the continued rise in the age of first-time home buyers. In 2024, the median age of first-time buyers is 38 years—a dramatic jump from 29 yearsin 1981. This increase reflects the growing challenges young buyers face, including rising home prices, student loan debt, and tighter lending standards. The chart below vividly illustrates this trend over the past four decades.
In contrast, repeat buyers now have a median age of 61 years, as seasoned homeowners return to the market later in life. For all buyers, the median age has reached 56 years, a significant shift from the past. These changes highlight the growing complexity of homeownership in today’s market, where affordability and economic pressures are driving buyers to delay their purchases.
As buyers grow older, their household composition has also changed. This year, 73% of buyers reported having no children under 18 at home, compared to 59% in 1981. This shift suggests evolving priorities among today’s buyers, many of whom are opting for homes that meet their lifestyle needs rather than focusing solely on family size.
At MORE, REALTORS®, we understand these changing dynamics and specialize in helping buyers and sellers navigate the real estate market, whether you’re a first-time buyer, a seasoned homeowner, or simply exploring your options. Contact us today to learn how we can help you make informed, confident real estate decisions. For even more insights, explore the full NAR report by clicking HERE and check out the charts below to better understand today’s home buyer.
While this year’s figures are down slightly, the broader picture of the St. Louis housing market remains resilient, even amidst shifting economic and market conditions. To put this in perspective, the YTD home sales in November 2024 are still significantly higher than in some prior years, particularly during market troughs like 2010.
For home buyers and sellers, this data highlights the importance of staying informed about current market trends. Explore live, interactive charts “below” to dive deeper into the history of St. Louis real estate sales.
St Louis MSA YTD Home Sales – 1999 – Present
(click on chart for live, interactive chart)
This website features homes in the St. Louis metro area where sellers are showing flexibility. Whether you’re eyeing a property with a recent price cut or one that’s back on the market, the platform connects buyers with negotiable opportunities. Best of all, the listings are conveniently organized by county, making it easy to explore options in your desired location. Highlights include:
- Price-Reduced Listings: Sellers are signaling flexibility with markdowns—find homes that fit your budget.
- Back-on-Market Properties: Missed it the first time? These listings offer a second chance to buy.
- Extended Listings: Homes that have been on the market longer might be ripe for negotiation.
Explore the deals this season at WillingToNegotiate.com and let the professionals at MORE, REALTORS® guide you through making an offer that counts. Forget the frenzy of Black Friday shopping—your next big “deal” could be a new home!
As we gather this Thanksgiving, St. Louis Real Estate News and MORE, REALTORS, the company behind the news, want to extend our heartfelt gratitude to our readers, clients, and the St. Louis community. Whether you’re celebrating in a cozy brick bungalow, a historic Victorian, or a newly built home, the warmth of family and friends reminds us why real estate isn’t just about properties—it’s about the lives we build within them.
Thanksgiving is a time to reflect on blessings, and as a local real estate leader, we’re thankful for the opportunity to help families achieve their dreams of homeownership. Just as a home serves as the foundation for cherished memories, our commitment to excellence and ethics forms the foundation of our work.
From all of us at St. Louis Real Estate News and MORE, REALTORS®
, we wish you a Happy Thanksgiving filled with love, laughter, and gratitude. May your holiday season be as warm and welcoming as the homes we are privileged to help you find.
The landmark settlement in the Burnett (Sitzer) v. National Association of Realtors (NAR) class action lawsuit has officially received final approval from U.S. District Judge Stephen R. Bough on November 27, 2024. This settlement is set to impact millions of homeowners across the U.S., offering substantial financial restitution and mandating significant changes in real estate practices. The full details of the court’s order and settlement terms are provided in the document below.
Judge Bough emphasized the fairness of the settlement, noting that it provides “substantial benefits to the class” while ensuring equitable treatment of all members. Over 491,000 claims have been filed as of November 14, 2024, with claims open until May 2025. Below are the key highlights:
- Financial Compensation: Settlement class members who paid real estate commissions through any MLS-affiliated transaction are eligible for compensation.
- Industry Practice Reforms: Changes include greater transparency in commission structures and improved practices across participating brokerages.
- Comprehensive Notice Program: Nearly 40 million notices were sent, ensuring a broad reach, with over 300 million digital impressions.
- Minimal Objections: Despite the large class size, only 39 members opted out, and objections were minimal.
Judge Bough described the settlement as “a significant and swift recovery for the Class,” underscoring its importance in resolving complex antitrust claims while avoiding protracted litigation.
For those in St. Louis, this settlement underscores the value of informed real estate practices. At MORE, REALTORS®, we are committed to transparency and exceptional service, ensuring buyers and sellers have the support they need in an ever-evolving market.
Learn more about the settlement and its implications by reviewing the full order below.
Burnett vs The National Association of REALTORS Settlement Order
(click below to read entire order)
A recent Notorious P.O.D. interview with Wilson Fauber, a Virginia real estate broker and ordained minister, has brought renewed attention to the National Association of Realtors’ (NAR) controversial Standard of Practice 10-5. The rule prohibits hate speech, epithets, and harassing language by Realtors® at all times, including outside their professional lives.
Fauber faces an ethics hearing over social media posts he made years before the rule’s enactment, including one quoting scripture. Supporters argue the rule ensures a welcoming environment for all, while critics believe it infringes on personal freedoms and is being selectively enforced.
Why This Matters to Agents
The case raises concerns about how far professional organizations should extend their oversight into private speech. With potential penalties including fines, loss of MLS access, and more, some see the rule as a necessary step toward accountability, while others view it as overreach.
As the real estate industry navigates these debates, Fauber’s case highlights a pivotal moment for Realtors® to reflect on the balance between ethical guidelines and personal freedoms.
Notorious POD: NAR Speech Code Strikes Again, with Wilson Fauber
The Department of Justice (DOJ) is turning up the heat on the National Association of Realtors (NAR) and the real estate industry at large. In a Statement of Interest filed in the class-action lawsuit Burnett v. NAR, the DOJ highlighted ongoing concerns about antitrust practices that could harm buyers, sellers, and competition within the real estate market.
The DOJ took particular aim at the current practice of unilateral offers of compensation to buyer brokers. These practices, the filing explains, pressure sellers to offer high commissions—often 2.5-3%—to buyer brokers to avoid “steering,” ultimately driving up home prices. This arrangement benefits neither buyers nor sellers, as it limits competition among brokers and prevents meaningful negotiations on fees.
Another area of concern is a proposed settlement provision requiring buyers and brokers to sign written agreements before any home tours. While intended to add transparency, the DOJ warns it could hinder competition among buyer brokers, making it harder for buyers to explore their options freely.
Importantly, the DOJ has not endorsed the proposed settlement in this case. Instead, it reserves the right to continue investigating and enforcing antitrust laws. Compliance with the settlement will not shield NAR or other entities from future legal scrutiny.
The DOJ’s filing serves as a reminder that transparency, competition, and fair practices are essential to keeping the real estate market accessible and equitable for everyone. For buyers, sellers, and agents alike, this case underscores the importance of choosing representation that prioritizes their interests over outdated or self-serving industry norms.
Department of Justice – Statement of Interest – NAR Settlement
However, it’s not all bad news for homeowners in the St Louis City update. The median list price for homes in the area increased by 3.73% from October 2023, jumping from $200,000 to $207,450. Additionally, there were 266 home sales in October 2024, an 8.13% increase from the 246 sales in October 2023.
The chart below illustrates the data and is available exclusively from MORE, REALTORS®. These numbers suggest that the St Louis City real estate market may be stabilizing, making it a great time for both buyers and sellers to enter the market. Stay tuned for more updates on the St Louis City real estate market.
The New York Times published a detailed investigation yesterday into the spending practices of the National Association of REALTORS® (NAR), raising significant questions about the organization’s leadership and its stewardship of member dues. The report, titled “Chauffeured Cars and Broadway Tickets: Inside the National Realtors Group,” written by Debra Kamin, explores what some describe as a culture of excess and self-interest within one of the largest trade associations in the United States.
The investigation reveals that NAR’s top executives and elected leaders have enjoyed a range of extravagant perks, from luxury hotel suites and first-class travel to private club memberships and even pet-sitting expenses. According to Kamin, former CEO Bob Goldberg, who resigned last year, received a compensation package that included a $1.2 million salary that grew to $2.6 million over five years, a $1,500 monthly car allowance, and paid pet care while on business trips. NAR officials defended these expenditures as necessary for the demands of leadership, but nonprofit law experts cited in the article raised concerns about potential violations of tax laws.
Adding to the controversy, NAR has faced mounting legal challenges, including a recent $418 million settlement related to a Missouri lawsuit over inflated commissions. Kamin reports that some REALTORS® feel abandoned by an organization that has historically promised to protect their interests. As real estate strategist Rob Hahn put it, “When N.A.R. gets its ass kicked in every lawsuit and then throws brokers under the bus, it’s like, what am I paying for?”
At MORE, REALTORS®, we understand the importance of upholding the original ideals of professionalism and integrity that once defined NAR. While the current controversies highlight systemic issues within the organization, they also serve as a reminder of why ethical and responsible leadership matters more than ever. At our brokerage, we set high standards for ourselves and the agents we work with, staying true to the spirit of Charles Chadbourn, who coined the term REALTOR® over a century ago.
The median list price in October 2024 was $295,000, a 31.11% increase from October 2023’s median list price of $225,000. Despite this increase, there were 977 home sales in St Louis County in October 2024, a slight decrease of 5.05% from October 2023.
These numbers indicate a strong demand for homes in St Louis County, with buyers willing to pay higher prices. This trend is likely to continue as the real estate market in St Louis County remains competitive. For more information and assistance with buying or selling a home in St Louis County, contact MORE, REALTORS®.
In the top spot is 63043, located in St. Louis, MO, where homes are selling at lightning speed with an average of only 21 days on the market. With an average list price of $274,338, this zip code offers affordable options for families looking to settle down in a bustling community. 63128 takes second place with an average of 24 days on the market and 25 active listings. And coming in at third place is 63040, with only 6 listings but still a quick turnaround time of 25 days on the market.
If you’re interested in finding out the complete list of the fastest selling zip codes in St. Louis, head over to MORE, REALTORS® for more information. Don’t miss out on the opportunity to buy or sell your home in these sought-after zip codes. Act fast before the market heats up even more in these hot spots!
A federal court recently denied a request from eXp Realty to pause ongoing litigation while a settlement in a related case was being finalized. This ruling highlights growing concerns over settlement practices in the real estate industry, particularly in cases involving alleged anti-competitive behaviors. Plaintiffs in the case argued that the proposed settlement in the related Hooper lawsuit failed to adequately address claims or consider eXp’s financial resources, potentially leaving affected homebuyers and sellers shortchanged.
For consumers, this decision underscores the importance of accountability and fairness in real estate dealings. As cases like this challenge longstanding industry norms, buyers and sellers should take the time to fully understand commission structures and ensure their agents are acting transparently. Staying informed about legal developments can help you make smarter decisions when navigating the complexities of real estate transactions.
At MORE, REALTORS®, we prioritize transparency and client-focused service, ensuring you always have the information you need to make confident real estate decisions. Contact us today to learn more about how we can help you.
The full court order detailing this decision is available below for those who want to dig deeper into the specifics.
ORDER – Gibson v NAR on eXp Realty’s Motion to Stay Case
The median list price for homes in Jefferson County also saw a significant increase, reaching $278,000 in October 2024. This is a 5.92% increase from October 2023, when the median list price was $262,450.
In terms of sales volume, there were 223 home sales in Jefferson County in October 2024, a 12.63% increase from the same time last year. This indicates a strong demand for homes in the area, making it a competitive market for buyers.
As the chart below, available exclusively from MORE, REALTORS®, illustrates, the Jefferson County real estate market remains robust and shows no signs of slowing down. With a growing economy and attractive housing options, Jefferson County is a desirable location for both buyers and sellers.
For more information on the current state of the Jefferson County real estate market, contact a MORE, REALTORS® agent today. Our team of experienced professionals can help you navigate this competitive market and find your dream home in Jefferson County.
Understanding these trends is crucial for navigating the St. Louis housing market effectively. The substantial declines following each peak highlight the market’s volatility and the importance of strategic decision-making for both buyers and sellers. Monitoring such patterns helps in making informed predictions and decisions based on solid historical data and trends.
At MORE, REALTORS®, our experienced agents are well-versed in the nuances of the local market. Whether you’re looking to purchase your first home or invest in properties, our team is equipped to guide you through every stage of the process. We pride ourselves on providing informed and thoughtful advice, ensuring that you make the most strategic decisions in today’s ever-changing real estate landscape.
St Louis MSA – 12-Month Home Sales Trend Since 1999 (Chart)
(click the chart below for live, interactive chart)
St Louis New Home Building Permits – September 2024
(click on table below for live interactive charts and more data)
A Brief History of the Term
The term “REALTOR®” was coined in 1916 by Charles N. Chadbourn, a real estate agent who sought to create a professional identity for members of the National Association of Real Estate Boards, now known as the National Association of REALTORS® (NAR). Chadbourn wanted to distinguish professionals who adhered to a defined code of ethics and elevated the standards of the real estate profession. In 1949, the term was trademarked by NAR, giving the organization exclusive rights to its use.
This trademark ensures that only members of NAR can use the term “REALTOR®,” much like the way “Kleenex” refers to a specific brand of tissues rather than all tissues. It’s a legal designation that differentiates REALTORS® from other licensed agents—but it’s not a guarantee of superior service or moral standing.
The REALTOR® Difference: What It Means Today
To use the title, REALTORS® must agree to abide by NAR’s Code of Ethics. While this code aims to set higher standards for professional conduct, much of it aligns with basic legal requirements that agents must already follow under state laws. Critics argue that the organization’s focus has shifted over time, and its standards may not be as rigorous as they once were. Recent controversies, lawsuits, and leadership issues within NAR have further complicated its reputation, raising questions about its ability to fulfill its founding mission.
Still, the term “REALTOR®” holds historical significance as a symbol of professionalism, and it serves as a reminder of the original intent set forth by Chadbourn: to foster trust and integrity in real estate.
Why This Matters to Buyers and Sellers
For buyers and sellers, understanding the distinction between a licensed agent and a REALTOR® is essential. However, designations alone don’t define the quality of service or ethical standards an agent upholds. At MORE, REALTORS®, our focus isn’t just on being members of NAR. We strive to set the bar higher by surrounding ourselves with agents who embody integrity, professionalism, and a commitment to doing what’s right. This is the spirit of Charles Chadbourn’s vision, even if the broader organization has strayed from its original path.
If you’re looking for a team that values high moral and ethical standards, MORE, REALTORS® is here to guide you. Our agents are committed to not just meeting but exceeding the expectations of those we serve. After all, real estate isn’t just about buying and selling homes—it’s about trust, relationships, and doing what’s right.
Topping the list is MOUNT OLIVE DIST 5, with an average of just 15 days on the market for its four current listings. With an average list price of $199,325, this district offers a great value for families looking to settle down. Following closely behind is Wolf Branch DIST 113, with an average of 16 days on the market for its four listings. And in third place is New Athens DIST 60, with an average of 17 days on the market for its three current listings.
If you want to stay on top of the fastest selling school districts in the St. Louis metro area, be sure to check out the complete list at the end of this article. And when you’re ready to make a move, be sure to contact MORE, REALTORS® for expert guidance and assistance. With their knowledge of the local market and dedication to client satisfaction, they can help you find the perfect home in one of these hot school districts. Don’t miss out on your dream home – start your search today!
Owning real estate is a privilege many of us might take for granted, but it’s rooted in the very freedoms veterans have fought to protect. From securing our communities to upholding the rule of law, veterans have played an instrumental role in maintaining the stability that allows our real estate markets to thrive. Today, as we reflect on their invaluable contributions, we are reminded that the freedom to buy a home, invest in property, and build a future is a right earned through their service and dedication.
As we celebrate Veterans Day, let us not only remember their sacrifices but also honor them by appreciating the liberties they’ve preserved for us. To all the veterans who have served, thank you for your commitment to protecting the values that allow us to live freely and achieve our dreams.
The median list price for homes in the metro east update also saw an increase, reaching $199,900 in October 2024, an 8.38% jump from October 2023’s median list price of $184,450. Additionally, there were 625 home sales in the metro east update during October 2024, a 4.17% increase from the 600 sales recorded in October 2023.
As seen in the chart below, which is available exclusively from MORE, REALTORS®, the metro east real estate market has been consistently on the rise. This growth is a positive sign for both buyers and sellers in the area. With a strong demand for homes and rising prices, now may be the perfect time to make a move in the metro east market. Trust the experts at MORE, REALTORS® to guide you through the process and help you achieve your real estate goals.
The median list price for homes in the St Charles County update was $375,000, a 7.14% increase from October 2023. And with 406 home sales in October 2024, there was an 11.23% increase in sales compared to October 2023.
As shown in the chart below, exclusively available from MORE, REALTORS®, the St Charles County real estate market has been steadily on the rise. This is great news for both buyers and sellers, as it indicates a strong and competitive market. If you’re looking to buy or sell a home in St Charles County, now is the perfect time to make your move.
At MORE, REALTORS®, we are dedicated to providing our clients with the most up-to-date and accurate information on the St Charles County real estate market. Our team of experienced and knowledgeable agents are here to help you navigate the buying and selling process with ease. Contact us today to learn more about how we can assist you with your real estate needs in St Charles County and beyond.
In his recent article, “Repeal the Speech Code,” Rob Hahn has urged the National Association of REALTORS® (NAR) to reconsider its controversial Standard of Practice 10-5. This policy, implemented in 2020, prohibits REALTORS® from using harassing or hate speech, epithets, or slurs based on protected classes, such as race, religion, and gender identity, in both professional and personal settings. Hahn argues that while intended to promote inclusivity, the policy overreaches and restricts REALTORS®’ freedom of speech outside of real estate-related activities.
The case of Brandon Huber, a REALTOR® and pastor, illustrates Hahn’s concerns. Huber was penalized under Standard of Practice 10-5 after making statements as a church leader unrelated to his real estate profession. His case raised questions about the balance between personal belief expression and professional standards, with Hahn emphasizing that the Speech Code “tells members what they can and cannot say in their private lives.” Similarly, NAR has faced debates over whether misgendering or expressing personal political beliefs could be deemed hate speech, as highlighted in discussions covered by Inman News. REALTORS® questioned how subjective interpretations might lead to unintended disciplinary actions, such as mistakenly using the wrong pronoun or expressing certain religious beliefs.
Hahn argues that repealing Standard of Practice 10-5 would not only protect REALTORS®’ personal freedoms but could also avoid divisive conflicts within NAR’s membership. He warns that maintaining the Speech Code may alienate members and draw unwanted attention from a new administration focused on freedom of speech. As Hahn states, “The right thing to do is sometimes the smart thing to do. When that happens, the only thing to do… is to do it.”
The full text of Hahn’s article is available below for those interested in the broader implications of this policy on NAR’s members and the real estate industry.
