Opendoor’s next frontier: Older, pricier homes in LA

The iBuyer will purchase homes costing up to $800,000 in the Los Angeles metro area, which is home to more than 13 million people. Continue reading

3 Bay Area MLSs join forces to create shared database

RE California will synchronize data across multiple MLSs and represents the latest example of cross-organization collaboration. Continue reading

Redfin CEO doubles down on support for pocket listing ban

In a new blog post, Glenn Kelman argues that exclusive listings lead to discrimination and urged real estate professionals to take a stand by supporting a proposed ban. Continue reading

Why ‘coming soon’ listings need to be governed

People need to stop thinking of coming soons and pocket listings as identical, they aren’t. The Clear Cooperation Policy needs to pass. Coming soon needs rules codified that are separate from private, off-MLS sales. Continue reading

Bright MLS defends pocket listing ban in face of Compass threat

The multiple listing service invited Compass to discuss a policy that bans off-market listings, but said it’s not afraid of a lawsuit and won’t back down. Continue reading

What real estate executives think of NAR’s pocket listing policy

In light of the growing attention on NAR’s proposal to ban pocket listings, Inman reached out to executives from major real estate firms across the U.S. to find out where they stand. Continue reading

Compass sends ‘pre-litigation letter’ to Bright MLS over pocket listing policy

Amid a heated industry-wide debate over off-market listings, Compass this week sent a “pre-litigation letter” to Bright MLS threatening legal action over the multiple listing service’s new pocket listing policy. Continue reading

New report slams agents for lack of transparency around commissions

The Consumer Federation of America has released another scathing report about the real estate industry, this time focusing on an alleged lack of transparency regarding agent commissions and commission splits. Continue reading

Austin MLS comes out against NAR’s proposed pocket listing rule

The Austin Board of Realtors, which includes over 13,000 members in central Texas and operates its own multiple listing service, has come out against a proposed pocket listing ban and suggested that as currently envisioned the proposal is “not pro-cons… Continue reading

Southern California MLS teams up with massive CRMLS

The Ventura County Coastal Association of Realtors has contracted with CRMLS to handle a variety of support and technology tasks. Continue reading