REColorado owners oust board amid plans to sell MLS

Owners of the 16th largest MLS in the country plan to sell to a newly formed private company called MAZL that is run by a person identified only as J. Burks. Continue reading

MLS PIN forges ahead with rule changes over DOJ objections

Effective immediately, listing brokers and agents can submit for-sale listings to the MLS without offering any cooperating compensation to the buyer broker. Continue reading

7 things to know before the Aug. 17 settlement implementation

The clock is ticking on implementation of the NAR commission lawsuit settlement. Team leader Carl Medford outlines what buyer agents need to know to be successful under the new rules of the road. Continue reading

Judge pauses New York antitrust suits over plaintiff objections

Plaintiffs allege REBNY and dozens of real estate brokerages perpetrated a “wholly separate conspiracy” from the claims resolved by the NAR settlement, but defendants disagree. Continue reading

Compass, eXp, Redfin and others file joint motion to dismiss Batton 2

Defendants in the case, which also includes Weichert Realtors and United Real Estate, say the claims lack standing, are untimely and an attempt to “parrot” arguments made in Batton 1. Continue reading

Proposed sale of REcolorado MLS a response to commission litigation

Denver Metro Association of Realtors and South Metro Denver Realtors Association say sale to private equity firm would offer protection during a time of intense litigation in the real estate industry. Continue reading

Watchdog group takes aim at California buyer rep agreements

New report shines light on buyer representation agreements as brokerages and Realtor organizations move to update forms and comply with legal settlements this summer. Continue reading

RentSpree inks latest of 6 Texas MLS deals with San Antonio MLS

Software company RentSpree closed on its sixth Lone Star State MLS partnership by inking a deal with SABOR, the San Antonio Board of Realtors. Continue reading

Proposed sale of REcolorado to private equity firm raises alarms

The multiple listing service is one of the largest in the US. One board member who was part of a team trying to buy the MLS described being blindsided by the private equity deal. Continue reading

An ABR instructor’s guide to buyer agreements and commissions

Not sure what to say to buyers and sellers about the way compensation works today? Bernice Ross offers insights from Accredited Buyer Representative instructor Rhonda Hamilton. Continue reading