Competing philosophies, exclusive listings and the consumer trust tipping point

Chris Kelly, president and CEO of HomeServices of America, asks whether the decisions being made today are strengthening or weakening real estate professionals’ role in the homeownership journey. Continue reading

Dwiggins: Zillow understands the consumer better than NAR

In Part 2 of our deep dive convo with James Dwiggins, co-CEO of franchisor NextHome, he accuses Robert Reffkin of “posturing” to pressure MLSs to change rules around private listings. Continue reading

With an eye on future lawsuits, Compass formally repudiates CCP in letter to NAR and MLSs

CEO Robert Reffkin said the real estate brokerage doesn’t consider ‘any national NAR MLS rule impacting clients as binding,’ but will continue to train agents to comply with local MLS rules Continue reading

NWMLS fires back at Compass, saying the brokerage adopted a ‘free-rider strategy’

The 32,000-member Northwest Multiple Listing Service wrote in a new legal filing that Compass “cannot have it both ways” by receiving listings via the MLS while holding half of its own listings privately Continue reading

It’s reckoning day for private listings. What you should know about Zillow’s changes

The nation’s largest real estate portal began enforcing its ban on private listings on Monday, 10 weeks after announcing its new standards. Here’s what you need to know now. Continue reading

MLS hacked? Solid Earth’s Passkey authentication aims to lock it down

It’s not uncommon for MLS platforms and industry data sources to be caught in hacks or phishing attempts, which puts all members at risk. Continue reading

‘NAR needs to get out of the MLS business’: Windermere’s Jacobi

MLSs are just too important to the health of the industry, and to the homebuying and selling process, to keep them under NAR’s control, Windermere co-President OB Jacobi writes. Continue reading

Sellers leave money on the table with privately sold listings

The data doesn’t lie: For the vast majority of sellers, the most effective and profitable way to sell a home is to list it publicly on the MLS, Windermere economist Jeff Tucker writes. Continue reading

California broker challenges NAR rule over dues for non-members

Modesto broker John Diaz took aim at NAR, CAR and two local organizations for the creation and enforcement of the Variable Dues Formula, which he claims is illegal and anticompetitive. Continue reading

NAR overturns ‘no-commingling’ rule in Executive Committee vote

The committee opted to rescind the controversial “no-commingling” policy on Wednesday, one day after NAR’s Multiple Listing Issues and Policies Committee voted to scrap it amid DOJ scrutiny. Continue reading