Real estate big wigs don’t want to be ‘treated like children’ by MLSs

Gary Gold and Mauricio Umansky expressed skepticism Wednesday about multiple listing service policies that would ban pocket and off-market listings. Continue reading

Bright MLS debuts new pocket listing rule

Major East Coast multiple listing service Bright MLS announced Wednesday that it has rolled out a new policy on so-called “pocket listings,” requiring agents to add any properties they are publicly advertising to the system or, eventually, they’ll face… Continue reading

Trade group and landlords divided on rent control law in California

The law exempts most apartments built within the past 15 years, and, thanks to lobbying by the California Association of Realtors, doesn’t apply to most single-family homes. Continue reading

DOJ files statement of interest in larger buyer broker lawsuit

The U.S. Department of Justice filed a statement of interest Monday in the Moehrl class action buyer broker commission lawsuit. The statement mirrors one filed last week in the class-action lawsuit filed by Joshua Sitzer and other plaintiffs, and indic… Continue reading

Affordability is ‘getting worse, not better’: Report

An alarming new report says 90 percent of the new houses being built today can be purchased by just 10 percent of American households. Student debt and lack of building are a couple of factors to blame. Continue reading

Inman News quiz: Think you’re on top of the week’s biggest stories?

The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading

Love it or list it? Survey finds most owners want to stay put after a remodel

The 2019 Remodeling Impact Report, which included responses from more than 5,000 consumers, Realtors, and remodeling experts, revealed that 74 percent of homeowners “have a greater desire” to stay in their homes after a remodeling project. Continue reading

Antitrust lawsuits will doom consumers: Transparency is key

Requiring buyers to pay for their agent’s commission would force consumers onto the horns of dilemma. There’s a better way. Continue reading