Council of Multiple Listing Services hires Rene Galicia as its first COO

CMLS anticipates Galicia’s expertise in MLS policy will help guide members “through complex landscapes while championing transparency, efficiency, and pro-competitive practices.” Continue reading

NAR chooses 8 firms to spur ‘digital transformation of real estate’

NAR’s for-profit investment arm Second Century Ventures selected Foyer, Guest House, Infinityy, NEO, Pitch59, Pixlmob, Tether RE and QwikFix to participate in REACH this year. Continue reading

NAR’s new law firm for antitrust suits charges up to $3K an hour

The trade group has replaced Cooley with Quinn Emanuel Urquhart & Sullivan in the Moehrl and Gibson cases, a law firm that has represented NAR for years in other antitrust cases. Continue reading

Dueling with dual agency in the age of private listing networks

Is dual agency fair to buyers, sellers and agents? In the age of private listing networks, Spencer Krull writes, it’s worth examining who the practice benefits. Continue reading

Hoby Hanna’s not holding back about NAR: The Download

As Howard Hanna CEO Hoby Hanna offers his unvarnished opinions on NAR, we’re looking at other industry leaders who are calling for change while focused on growth. Continue reading

Illinois bill seeks to make Clear Cooperation into law

If passed into law, HB 3452 would require brokerages to market properties for sale on public platforms within one calendar day of entering into an agreement with a seller, unless the seller signed a disclosure and an opt-out form. Continue reading

In a post-settlement world, let’s get rid of procuring cause

According to managing broker Spencer Krull, with mandatory buyer-broker agreements, it’s time for NAR to get rid of the “participation trophy” of procuring cause. Continue reading

Ex-CEO accused of embezzlement sues association ahead of trial

Michael Mercurio, the former CEO of the Greater San Diego Association of Realtors and San Diego MLS, alleges wrongful termination as a separate suit against him is set to go to trial in October. 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