It’s reckoning day for private listings. What you should know about Zillow’s changes

The nation’s largest real estate portal began enforcing its ban on private listings on Monday, 10 weeks after announcing its new standards. Here’s what you need to know now. Continue reading

‘NAR needs to get out of the MLS business’: Windermere’s Jacobi

MLSs are just too important to the health of the industry, and to the homebuying and selling process, to keep them under NAR’s control, Windermere co-President OB Jacobi writes. Continue reading

Compass’ antitrust gamble could shatter Zillow’s empire

Broker and attorney Greg Hague writes that the Compass vs. Zillow lawsuit will end as the catalyst that democratizes real estate technology, empowers innovation and ultimately puts consumers back in control of how they buy and sell homes. Continue reading

Is Zillow skating dangerously close to thin ice?

Team leader Carl Medford writes that Zillow’s brokerage license and algorithmic pricing suggestions could be setting it up for a legal showdown that threatens its entire business model. Continue reading

Compass sues Zillow over private listings ban

The antitrust suit, filed Monday in the Southern District of New York, accuses Zillow of using anticompetitive behavior to “protect its monopoly and revenues in violation of the antitrust laws.” Continue reading

Real estate changes fast. What do you want to know more about?

Artificial intelligence, a landmark lawsuit, private listing networks — this industry has seen a lot of change this past year. We want to know: What do you need more information about? Continue reading

Zillow begins sending warnings to brokers ahead of private listing ban

Zillow Group started notifying brokers on May 28 about listings that weren’t aded to the MLS within 24 hours of being publicly marketed. The portal declined to share how many notices have been sent. Continue reading

Reffkin rails against ‘organized real estate’ at annual Compass retreat

During a keynote address Tuesday, the CEO rallied the firm’s agents and staff against Compass naysayers, discussed short-term goals of seller choice and agent listing attribution, and unveiled the latest rendition of Compass AI. Continue reading

NAR may rescind ‘no-commingling’ rule this week amid DOJ scrutiny

The trade organization’s MLS committee on Tuesday approved the elimination of the controversial policy at a meeting closed to the media. Its Executive Committee will take a final vote Wednesday. Continue reading

NAR president: DOJ thinks Realtors ‘make too much money’

At NAR’s midyear conference, Kevin Sears told brokers he was “cautiously optimistic” about improving the trade group’s relationship with the antitrust enforcer. Continue reading