MLSs scramble to assess and implement new NAR MLS policy

While some MLS executives praised the “flexibility” offered by the delayed marketing category that will accompany NAR’s Clear Cooperation Policy, its potential repercussions are still unclear. Continue reading

Ed Zorn and Phillip Cantrell to agents: Stop sharing commissions

Agents and brokers need to step up by embracing transparency and allowing consumers to negotiate commissions, the duo said during an Inman on Tour panel in Nashville Tuesday morning. Continue reading

Leaders foresee opportunity in wake of antitrust commission suits

Leaders at last week’s Inman Connect New York were more upbeat than they were a year ago, and suggested that for all of last year’s tumult, the best agents might just thrive in real estate’s new normal. Continue reading

After Supreme Court defeat, NAR’s battle with DOJ will continue

The Supreme Court declined to take up the National Association of Realtors’ case with the DOJ. But attorneys told Inman there is likely much legal wrangling to come between the two entities. Continue reading

Industry heavy-hitters launch app that documents agents’ workflow

Rayse, which the company has positioned as a way of “pushing back against the settlements,” is backed by Realtor associations, MLSs, brokerages and leaders, including co-CEO James Dwiggins. Continue reading

Big Brother’s little brothers are watching you

Feeling like your listings are under scrutiny? They are. Bernice Ross lets you know more about the tools and techniques MLSs are using to ensure compliance with new commission rules. Continue reading

A brave new world awaits the real estate industry. Are you prepared?

Beginning Saturday, new rules around commissions take effect, paving the way for the biggest shift in real estate in at least a generation. It’s a brave new world, and it begins this weekend. Continue reading

CRMLS warns of ‘serious fines’ as it rolls out commission changes early

The nation’s largest MLS removed compensation fields from its platforms on Aug. 13, after offering detailed guidance to agents on the terms of NAR’s proposed settlement. Continue reading

Perchwell’s $25M Series B revs up idling VC market

Brokerage and MLS software platform Perchwell has closed on a Series B round of funding led by Lux Capital. Continue reading

CRMLS removes seller concession fields due to CAR forms change

California Regional MLS will continue to allow agents to indicate whether sellers will consider concessions but will no longer have the option to specify a dollar amount or percentage. Continue reading