BrightMLS and proptech startup Ocusell launch joint venture

BrightMLS and Ocusell have launched a joint venture to co-develop and license their existing technology solutions, including Ocusell List+ and Bright Listing Manager. Continue reading

Rounding up the latest on private listings, portal bans: The Download

There was no shortage of opinions following Zillow’s (and later, Redfin’s) ban on private listings marketed publicly. Continue reading

Bright MLS CEO: Time for fence-sitting is over. It’s time to decide

If you’re arguing for secrecy in a marketplace that is built on trust and efficiency, Bright MLS CEO Brian Donnellan writes, then maybe it’s not the model that’s outdated — maybe it’s the mindset. Continue reading

Compass CEO Robert Reffkin: Zillow will be the national MLS

Reffkin continued his campaign against the Clear Cooperation Policy at the National Association of Realtor’s annual NAR NXT conference during a “Future of the MLS” session Friday. Continue reading

Bright MLS CEO checks Robert Reffkin on Clear Cooperation Policy

Bright MLS CEO Brian Donnellan takes issue with assertions made by Compass CEO Robert Reffkin in his Oct. 8 op-ed for Inman on the role of MLSs in promoting Clear Cooperation. Continue reading

A brave new world awaits the real estate industry. Are you prepared?

Beginning Saturday, new rules around commissions take effect, paving the way for the biggest shift in real estate in at least a generation. It’s a brave new world, and it begins this weekend. Continue reading

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

Bright becomes first multiple listing service to hire a chief data officer

Thomas Morgan’s appointment aims to “redefine what it means to be an MLS” and falls in line with other high-profile hires this year that are also at least somewhat unusual for an MLS. Continue reading

MLS-listed homes sell for more, a new study claims. But there’s 1 twist

Critics raise issues over conclusion that listing homes on the MLS is what caused higher sales prices and faster transactions, especially if NAR rules mean MLSs have a thumb on the scale. Continue reading

New MLS company will sell data, pay brokers for their listings

REdistribute, formed by California Regional MLS and Bright MLS, is a joint venture that plans to deliver aggregated MLS data to financial institutions starting in 2023. Continue reading