Tag Archives: MLS & Associations

NAR-DOJ rule changes won’t come for months

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Rules regarding public display of buyer broker commissions and lockbox access for non-Realtors were originally slated to take effect by the end of March. Continue reading →

Compass, Sotheby’s roped into latest suit alleging ‘inflated’ commissions

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The new antitrust lawsuit, filed Friday in California, also names the National Association of Realtors, Realogy, Keller Williams, RE/MAX and several other companies as defendants. Continue reading →

Delta Media Group announces launch of ShowingTime competitor

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The platform, called Local Showings, will integrate with brokerage and MLS technology. The company also says it is seeing significant interest in the platform. Continue reading →

Listen: REX releases recordings of agent steering

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One agent told the discount brokerage: “I won’t bother to show [the listing]. Who’s your local agent though because I’ll make sure to tell people not to work with them.” Continue reading →

NAR claps back on commission attacks

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The trade group’s president accuses commission detractors of duplicity “for a payout” under the guise of protecting consumers. Continue reading →

The problem with antitrust litigation as a real estate business strategy

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In the real estate industry, antitrust lawsuits have become more prevalent in the past few years, but perhaps it’s time for litigious parties to take a step back and refocus their energies on sellers and buyers, instead of competitors. Continue reading →

Bright MLS launches tool to measure home demand in real time

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The “Bright T3 Home Demand Index,” created in partnership with T3 Sixty, is designed to give Bright MLS subscribers a sense of how the market is doing in real time. Continue reading →

Agent/broker perspective: Should brokerages police industry violations?

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Each month Anthony Askowitz explores a hypothetical real estate situation from both sides of the broker/agent dynamic. This time: A rule-abiding agent is frustrated by her local association’s failure to penalize serious wrongdoers appropriately, especi… Continue reading →

Study commissioned by REX claims commissions are deeply inflated

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Real estate commissions are inflated by as much as $50 billion per year due to the lack of price competition created by having listing brokers set co-op fees for buyer brokers, according to the report in the Berkeley Business Law Journal. Continue reading →

NAR: ‘We haven’t seen a deluge’ of hate speech cases

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The trade group’s professional standards committee will vote on case interpretations in May to help evaluate complaints. Continue reading →