Redfin will begin banning listings that aren’t added to the multiple listing service (MLS) within 24 hours of being publicly marketed in September. The announcement comes two days after Zillow Group shared its ban timeline. Continue reading
Zillow will send warnings about non-compliant listings beginning May 28, but enforcement won’t start until June 30. Agents will receive two warnings before their third non-compliant listing is blocked, executives said. Continue reading
Howard Hanna’s CEO Howard “Hoby” Hanna envisions offering “a deeper level of retail experience” after the NAR rule change, but chafes at the trade group “telling us how to operate our business.” Continue reading
Hanna slammed the National Association of Realtors’ MLS rules in a conversation with Inman prior to the Gibson settlement last week, saying Clear Cooperation and IDX limit broker innovation. Continue reading
One of Arizona’s largest brokerages, West USA Realty, has committed to following Zillow Group’s listing access standard. The firm is the third to formally support the portal’s ban on privately marketed listings. Continue reading
California Regional MLS said in a statement that the new Multiple Listing Options for Sellers policy, which NAR states is mandatory, was created to “placate” complaining brokerages. Continue reading
The Utah-based Realtor association has adopted Delayed Marketing Exempt Listings, introduced under NAR’S Multiple Listing Options for Sellers Policy. Continue reading
Stephen Brobeck, senior fellow at the Consumer Policy Center, examines competing interests and competing policies to determine which will benefit consumers. Continue reading
Zillow Group Chief Industry Development Officer Errol Samuelson took to LinkedIn on Friday to clarify how the company’s listing ban applies to Delayed Marketing Exempt Listings and chastise those who spread “misinformation” about the policy. Continue reading
There was no shortage of opinions following Zillow’s (and later, Redfin’s) ban on private listings marketed publicly. Continue reading