Reffkin: Law vs. rule — MLS mandates cannot supersede fiduciary duty

Chairman and CEO of Compass International Holdings, Robert Reffkin, weighs in on law versus industry practice when it comes to fiduciary duty and coming-soon listings. Continue reading

Compass, Rocket pledge to ‘defend’ agents from MLSs in open letter

Compass International Holdings, Rocket and Redfin issued an open letter to MLS leaders on Thursday, urging them to “honor seller choice.” Continue reading

More MLSs are moving to provide non-Realtors with access

“Maybe it’s time.” In the wake of a recent change by the National Association of Realtors, more multiple listing services may explore ways to provide access to non-Realtors. Continue reading

Zillow’s ChatGPT integration sets off alarm bells for industry leaders

There were strong reactions this week to Zillow’s integration with ChatGPT, with some leaders claiming the portal had violated IDX licensing rules. But Zillow maintains it did its due diligence and is not handing over MLS data to OpenAI. Continue reading

Texas bans some foreign buyers from purchasing real estate

The law that went into effect on Monday prohibits individuals and companies from China, Iran, North Korea and Russia from buying or leasing property for more than one year. Continue reading

Redfin’s Glenn Kelman spills details on bittersweet transition to Rocket

Kelman said it was a tough decision to sell, but one that ultimately will empower the company to better compete with portal giants like Zillow, Realtor.com and Homes.com while continuing to focus on customer service. Continue reading

HAR partnership caps RentSpree’s busy spring

RentSpree distributes its product to empower residential agents in their work with clients who may not yet be ready to buy, and to provide them software advantages to offer investor clients or to use in their own rental portfolios. Continue reading

Long-serving HAR CEO Bob Hale announces his retirement

Hale has been with HAR since the 1970s, racking up a long list of accomplishments and awards along the way. René Galvan will succeed him as president and CEO. Continue reading

HAR’s ShowingSmart is the latest entry in the race to replace ShowingTime: Tech Review

ShowingSmart is a software solution for scheduling showings and arranging buyer tours developed for members of the Houston Association of Realtors. Continue reading