CMLS throws support behind NAR pocket listing ban

The Council of Multiple Listing Services on Wednesday became the latest organization to throw its support behind a polarizing policy proposal that would ban most off-market and pocket listings. Continue reading

Redfin CEO doubles down on support for pocket listing ban

In a new blog post, Glenn Kelman argues that exclusive listings lead to discrimination and urged real estate professionals to take a stand by supporting a proposed ban. Continue reading

Bright MLS: Pocket listing ban won’t hurt discount brokerages

Bright MLS is facing resistance to a new policy that bans pocket listings, but it said Tuesday the rule will still let discount brokerages customize commission offers. 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

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

Bright MLS defends pocket listing ban in face of Compass threat

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

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

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

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

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