CoStar’s Florance: New Zillow rule ‘hijacks your leads for profit’

CoStar founder and CEO Andy Florance takes Zillow to task for its new listings policy, calling it anti-consumer and anti-agent. Continue reading

Zillow to prohibit listings that are privately marketed

Zillow said the company’s new standards, which eXp Realty also committed to, show how it’s implementing Clear Cooperation on its platform. Those that do not meet the standards won’t be published on Zillow “for the life of the listing.” Continue reading

Brokerages, portals react to NAR’s decision to save Clear Cooperation

Executives mostly applauded NAR’s decision to salvage the policy Tuesday, saying the trade group struck the right balance between reform and preservation. But the change didn’t satisfy everyone. Continue reading

Homesellers have lost $1B through private deals since 2023: Zillow

Sellers who privately listed their home lost an average of $4,975, according to an analysis by Zillow of 2.72 million deals since 2023. The gap is wider for sellers of color, underscoring the benefits of Clear Cooperation. Continue reading

‘Zillow made the wrong choice’: REX seeks full appeals court review

The discount brokerage contends that a three-judge panel erred in finding that NAR’s no-commingling rule was not direct evidence of “concerted action” between NAR and Zillow. Continue reading

Shifting ground rules driving real estate brokerage consolidation

As the industry continues to evolve, smaller brokers are going to need to think about how to increase profitability, and that often requires scale, said BHGRE President Ginger Wilcox. Continue reading

25 predictions about NAR, CCP, commissions and more for 2025

From Hoby Hanna to Anywhere’s Sue Yannaccone, real estate leaders are cautiously optimistic about the new year, telling Inman the worst of 2024’s tumult may be fading in the rearview mirror. Continue reading

25 predictions about NAR, CCP, commissions and more for 2025

From Hoby Hanna to Anywhere’s Sue Yannaccone, real estate leaders are cautiously optimistic about the new year, telling Inman the worst of 2024’s tumult may be fading in the rearview mirror. Continue reading

Compass CEO Robert Reffkin: Zillow will be the national MLS

Reffkin continued his campaign against the Clear Cooperation Policy at the National Association of Realtor’s annual NAR NXT conference during a “Future of the MLS” session Friday. Continue reading

Zillow: No-commingling rule should be repealed, not Clear Cooperation

Zillow Chief Industry Development Officer Errol Samuelson discussed NAR’s no-commingling rule and Clear Cooperation — and how the fight to save the latter is key to preserving consumer choice. Continue reading