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

Sotheby’s is giving clients a taste of the good life with branded wine

Sotheby’s International Realty agents no longer have to search for holy grail of closing gifts. SIR’s parent company, Sotheby’s, on Monday announced the launch of its first-ever collection of 12 branded wines. Continue reading

Research report: Brokerage-affiliated businesses

Being a real estate professional is an exercise in spinning many, many plates. Keeping track of the different components of a property deal is a key skill but having that ability may not save you — or your deal — in the end.
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Sotheby’s takes staging to new dimension with latest partnership

Through a new partnership with spatial computing company Magic Leap, Sotheby’s can offer buyers an on-the-spot virtual reality experience. Continue reading

Connect: Attendees share why you should be at ICNY in January

Read on for 13 reasons why you need to be at ICNY – straight from the words of our Connect alumni. Continue reading

Redfin launches in new markets in Tennessee, Georgia, Kentucky

Consumers in Savannah, Chattanooga and Northern Kentucky will now be able to search for homes on Redfin.com, as well as use the brokerage’s agents. 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

Moving startup MooveGuru raises $1.9 million in debt and cash

MooveGuru, a startup that helps agents connect their clients to moving services, announced today that it has raised $1.9 million in a Series A funding round. Continue reading

Agents skeptical that taking hourly rates could work

In an effort to figure out if hourly rates would actually work for agents and their clients, Inman reached out to a number of real estate professionals. Most were open to the idea of alternative compensation models. Continue reading