Analyst: Portals like Zillow face ‘long-term risk’ from Google real estate experiment

Google is displaying real estate listings as search results in some markets — prompting questions about IDX violations and analyst speculation about risks to the portals. Continue reading

Zillow scores final win as Supreme Court declines to take up REX case

In a legal victory for Zillow, the Supreme Court declined to take up a REX lawsuit that centered on a former NAR rule. Continue reading

Realtor.com CEO is ready to ‘turn off’ Clear Cooperation debate

At Inman Connect San Diego, Realtor.com CEO Damian Eales said it’s time to turn the page on Clear Cooperation and focus on solving issues that will improve consumers’ main challenge — affordability. Continue reading

Kevin Sears says NAR ‘is going in the right direction’ since commission suit

Sears was optimistic, but said that NAR membership is projected to drop by 150,000 members and that the organization will face a $30 million deficit. Continue reading

Compass agrees to share its exclusive listings, with 2 caveats

Compass said it will share its 6,000-plus exclusive listings with brokerages and multiple listing services, as long as they don’t alter or monetize listings — or share listings with platforms that do. 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

Howard Hanna CEO threatens to leave MLS: ‘The world has changed’

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

Howard Hanna CEO Hoby Hanna: ‘NAR sold industry down the river’

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

Biggest MLS in the nation rejects NAR ‘Delayed Marketing’ policy

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