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

Remine unveils — then axes — new agent matching feature

The real estate tech vendor pulled the feature after Vendor Alley’s Greg Robertson and MLS members raised concerns over data access. Continue reading

Major Midwest MLS throws support behind NAR’s pocket listing policy

Midwest Real Estate Data implemented its own pocket listing rule years ago, and now it supports a similar policy that would put the kibosh on off-market listings everywhere. Continue reading

Major Midwest MLS throws support behind NAR’s pocket listing policy

Midwest Real Estate Data implemented its own pocket listing rule years ago, and now it supports a similar policy that would put the kibosh on off-market listings everywhere. Continue reading

Agent cutting, like TV cord cutting, is hitting industry hard

Real estate is experiencing its version of cord-cutting, as more consumers go directly to the listing agent to buy a home. Continue reading