With an eye on future lawsuits, Compass formally repudiates CCP in letter to NAR and MLSs

CEO Robert Reffkin said the real estate brokerage doesn’t consider ‘any national NAR MLS rule impacting clients as binding,’ but will continue to train agents to comply with local MLS rules Continue reading

Compass, Zillow, Redfin and the rest: It’s Inman’s Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

Struggling agents, 3 mins with Trump, ChatGPT revolution: Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

Anthony Lamacchia had 3 minutes with Trump. This is what he told him

Ahead of Inman Connect San Diego in July, Lamacchia revealed what he said at Trump’s West Palm Beach golf club this year that drew the president’s ire. “He was not happy to hear it,” he told Inman. Continue reading

Court approval, farming framework, procuring cause: Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading

MLS PIN deal wins court approval after DOJ backs off — for now

The $3.95 million settlement in the Nosalek case removes the option to display compensation to buyer brokers via the MLS and goes up for final approval in September. Continue reading

The biggest headlines from NAR midyear and more: Inman Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. 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

DOJ signals withdrawal of MLS PIN settlement objection in Nosalek

The fourth amended settlement, if approved, would prohibit offers of cooperative compensation on MLS PIN’s platform and raises the total proposed settlement fund from $3 million to $3.95 million. Continue reading