MLS ‘visionary’ John Mosey to retire after 47 years

NorthstarMLS will search nationwide for CEO replacement. “If there was a Mount Rushmore of MLS execs, John’s head would be among them,” said Art Carter, CEO of the California Regional MLS. Continue reading

‘Writing is on the wall’: Court tosses NAR counterclaim against REX

Judge finds the National Association of Realtors failed to allege facts to show how the discount brokerage specifically harmed the trade group’s reputation with its own members and consumers. Continue reading

Appeals court deals blow to NAR, allows pocket listing suit to continue

Three-judge panel concludes trade group must face allegations that the Clear Cooperation Policy was part of a group boycott to prevent The PLS from competing with MLSs, leaving agents with fewer choices, inflated prices and lower-quality products. Continue reading

Venture fund for nation’s biggest MLS will eye agent-friendly startups

With its venture capital firm — the first-ever created by a multiple listing service — CRMLS will focus only on early-stage companies improving the broker and agent experience. Continue reading

‘Brain exploding!’: Agents, brokers torn over commission suit ruling

Agents and brokers told Inman they’re reeling over a federal court’s decision to grant class action status in a commission suit that could rock the real estate industry by changing how they’re paid. Continue reading

Federal commission suit now a class action; NAR, Realogy vow to appeal

A U.S. District Court judge granted class certification in one of two federal commission lawsuits that could rock the real estate industry and impact how agents are compensated nationwide. Continue reading

Gary Keller singled out as ‘head of conspiracy’ as federal commission lawsuit accelerates

As oral arguments began Monday in the federal commission case, plaintiffs questioned the role of buyer agents, what a world without NAR’s commission policy would look like and why they believe Keller is leading an antitrust conspiracy. Continue reading

Florida agent arrested after alleged hate crime caught on video

Licensed real estate agent Victor Dubauskas, 72, was arrested on assault and battery charges after he allegedly poured his beer on and threw a beer bottle at a Muslim man. Continue reading

Former BoxBrownie director to lead NAR tech accelerator in Australia

Peter Schravemade will serve as managing partner of REACH Australia, a program run by the National Association of Realtors’ Second Century Ventures. Continue reading

After early stumbles, real estate tech startup Remine hires new CEO

Frederick Townes joins Remine following several tumultuous years for the company, and six months after it was acquired by a group of MLSs. Continue reading