Professor ‘proves’ pocket listings outperform the MLS? Not so fast

You may have seen a study that purports to show a pricing premium for private listings, coach Darryl Davis. The truth is very different and far more complex. Continue reading

Pocket listings reshape access as agent commissions remain largely unchanged: Watchdog

A new report suggests that the industry’s push toward pocket listings is emerging as a pressure point for first-time buyers. Continue reading

Translating the economics of price discovery to private listings

Private listings, properly understood, do not replace the MLS — they help it work better by improving the conditions under which price discovery begins. Continue reading

Fiduciary duty doesn’t mean what you think it means

Find out how the real estate industry’s most powerful legal term is being weaponized and why consumers are paying the price. Continue reading

Where did the demise of the MLS begin? It started with CCP

The Clear Cooperation Policy tried to solve a real problem and created a larger one, Darryl Davis writes. Admitting that is not weakness. It’s the only leadership move that still has a chance of working. Continue reading

Seller’s choice is a standard — not a script. Here’s what that looks like at the kitchen table

The gap between what “seller choice” means in a press release and what is actually happening at the kitchen table concerns Darryl Davis. Here’s how to show sellers the benefits of pre-marketing and broad exposure. Continue reading

I believe in seller choice. That’s exactly why I’m concerned

What happens at the kitchen table is what concerns Darryl Davis. Real seller choice begins with real information. Agents must ensure the seller understands both sides of any strategy before they sign. Continue reading

Reffkin: Law vs. rule — MLS mandates cannot supersede fiduciary duty

Chairman and CEO of Compass International Holdings, Robert Reffkin, weighs in on law versus industry practice when it comes to fiduciary duty and coming-soon listings. Continue reading

Compass, Rocket pledge to ‘defend’ agents from MLSs in open letter

Compass International Holdings, Rocket and Redfin issued an open letter to MLS leaders on Thursday, urging them to “honor seller choice.” Continue reading

Leadership lessons from Howard Hanna on culture and transparency

Darryl Davis talks to Howard Hanna CEO Hoby Hanna, who offers a leadership case study on maintaining a unique brokerage culture while navigating unprecedented industry change. Continue reading