Tag Archives: bright mls

Bright MLS defends pocket listing ban in face of Compass threat

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The multiple listing service invited Compass to discuss a policy that bans off-market listings, but said it’s not afraid of a lawsuit and won’t back down. Continue reading →

What real estate executives think of NAR’s pocket listing policy

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In light of the growing attention on NAR’s proposal to ban pocket listings, Inman reached out to executives from major real estate firms across the U.S. to find out where they stand. Continue reading →

Compass sends ‘pre-litigation letter’ to Bright MLS over pocket listing policy

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Amid a heated industry-wide debate over off-market listings, Compass this week sent a “pre-litigation letter” to Bright MLS threatening legal action over the multiple listing service’s new pocket listing policy. Continue reading →

Pocket listings are bad for consumers — period

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The MLS functions because of bilateral cooperation and compensation. You have to “pay to play,” and you pay by providing your listings. You can’t just take from the MLS without giving back. Continue reading →

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

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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

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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 →

All Bright MLS members to get Remine Agent Pro

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Remine Agent Pro includes a host of tools including a feature that predicts the likelihood a home will sell. Subscribers to Bright MLS now get it for free. Continue reading →

MLS system ‘in jeopardy,’ facing existential threat from iBuyers

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“We are playing dominoes when the new world’s playing 3-D chess,” write the authors of a new MLS Roundtable white paper that was released on Monday. Continue reading →

Bright MLS appoints new president and CEO

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Brian Donnellan had been serving as interim CEO of Bright MLS since February, when the organization’s founder Tom Phillips departed. Continue reading →