This week, Zillow Group and Redfin rocked the industry by banning listings that aren’t added to the multiple listing service (MLS) within 24 hours of being publicly marketed. The policies, which came two weeks after the National Association of Realtors… Continue reading
The open-sourced form warns homesellers that selling a property privately without listing it on the MLS may have negative financial impacts but recognizes sellers hold the “final choice” in how to market their homes. Continue reading
Zillow’s move to prohibit certain listings from its portal “signals a major tech platform is willing to challenge the old brokerage cartel,” according to Consumer Advocates in American Real Estate. Continue reading
Consumer Policy Center fellows Stephen Brobeck and Wendy Gilch praised Zillow’s private listing ban while calling on the Department of Justice to limit the spread of private listing networks. Continue reading
CEO Glenn Kelman on Monday also called on MLSs to create a “coming-soon” designation for listings that would conceal Days on Market and historical pricing data from consumers. Continue reading
Meanwhile, EXIT Realty reaches a proposed settlement with the homeseller plaintiffs in the case. Continue reading
Both BHE and Howard Hanna are trying to get the case moved to their respective stomping grounds while also continuing to fight for Judge Stephen R. Bough’s recusal. Continue reading
Carillo has been active in the industry for 26 years and has served as Metro MLS CEO in Milwaukee for the last 14 years. His appointment will begin on June 1. Continue reading
A new survey shows that fewer agents want to recommend their job to others and that, in the wake of NAR’s commission lawsuit settlement, more are dissatisfied with the trade group. Continue reading
While some MLS executives praised the “flexibility” offered by the delayed marketing category that will accompany NAR’s Clear Cooperation Policy, its potential repercussions are still unclear. Continue reading