Frank Major, trailblazer who carved path as Bright MLS’s first CTO, dies

Frank Major was known for his kindness, brilliance and contributions to real estate innovation. “Like many of us, I will greatly miss his friendship,” Bright MLS CEO Brian Donnellan said. Continue reading

NAR selects 7 firms for its US real estate tech program, REACH

Flock, HighNote, Plus Platform, Prisidio, Real Grader, Summer and Tongo are the 11th class to participate in Second Century Ventures’ REACH program, according to an announcement Tuesday. Continue reading

Joint venture owned by CRMLS, Bright begins selling MLS data 

REdistribute aims to aggregate and distribute data for MLSs and participating brokers, sell it to institutions — including government-sponsored entities — and share the revenue with brokers. Continue reading

Ouster of Residential Real Estate Council president raises questions

The Residential Real Estate Council removed Pam Ruggeroli from her position for reasons the trade group will not disclose, prompting an outpouring of support for the ousted president. Continue reading

‘Stop arguing and start adjusting’: Agents react to class-action ruling

From “NAR is toast” to “don’t make any rash decisions,” real estate agents, executives and thought-leaders offered their thoughts on the explosive Moehrl class certification ruling Wednesday. Continue reading

Bombshell multibillion-dollar commission suit now a class action

A judge on Wednesday granted class certification in a federal commission suit that could rock the real estate industry and impact how agents are compensated nationwide. Continue reading

DOJ appeals NAR win in probe of commission, pocket listing rules

The antitrust enforcer wants a higher court to overturn a ruling that limits its investigation into the Realtor trade group’s Participation Rule and Clear Cooperation Policy. Continue reading

DOJ: Tossing pocket listing suit prevents competition with MLSs

In an amicus brief filed Monday the antitrust enforcer argues that a lower court incorrectly tossed a case filed by Top Agent Network over the National Association of Realtors’ pocket listing policy. Continue reading

John Davis’ lawsuit against Keller Williams won’t get its day in court

U.S. District Judge Reed O’Connor on Monday granted a motion to compel arbitration in Davis’s case filed in February by Keller Williams, Gary Keller and former KW President Josh Team. Continue reading