Reffkin: Law vs. rule — MLS mandates cannot supersede fiduciary duty

Chairman and CEO of Compass International Holdings, Robert Reffkin, weighs in on law versus industry practice when it comes to fiduciary duty and coming-soon listings. Continue reading

Compass, Rocket pledge to ‘defend’ agents from MLSs in open letter

Compass International Holdings, Rocket and Redfin issued an open letter to MLS leaders on Thursday, urging them to “honor seller choice.” Continue reading

These are the stories you couldn’t get enough of in 2025

From crimes and misdemeanors to mergers and acquisitions, clients weren’t the only ones making major moves this year. Here are the most-read Download column topics of 2025, updated for EOY. Continue reading

Zillow stalemate with Chicago’s MLS looks like it’s coming to a head

In a weekend email to its members, Chicago’s MRED MLS warned that Zillow had been contacting subscribers to say there may be “disruptions” starting in the new year. Continue reading

Private inventory: New competition rules that leave consumers behind 

In the current market, the way listings reach consumers matters more than ever, Amit Kulkarni writes. Buyers need greater visibility, but the industry is shifting toward less of it.  Continue reading

Amid MRED feud, Zillow says private listings ‘reinforce segregation’

In what it called “a warning sign for the nation,” Zillow said its researchers found that homes for sale in MRED’s Private Listing Network are more likely to be in majority-white neighborhoods. Continue reading

Where else is Zillow not enforcing its private listing ban?

Zillow acknowledged last week that it wasn’t enforcing its private listings rule in Chicagoland, opening the question of where else the standards might not be in effect. Continue reading

Zillow defends private listing rule, criticizes Compass in new filing

The portal argued that it is allowed to display whatever it wants on its own website, that it’s not a monopoly and that its rule governing private listings does not hurt Compass. Continue reading

Zillow calls Chicago’s Private Listing Network a ‘hidden listing scheme’

Zillow delayed the rollout of its ban on privately marketed listings in the nation’s third largest market, but the portal appears ready to crack down on widely used Private Listing Network. 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