REColorado buyer unveiled as questions and legal fights persist

The owners of the 16th largest MLS in the country plan to sell to a title company executive. But an agent and local leader has received a cease and desist letter over her criticisms of the deal. Continue reading

REColorado unveils interim CEO amid rocky ownership change

The MLS is separating from ties with Realtor organizations by selling to a newly formed private company. Broker Larry D. McGee will serve as interim CEO. Continue reading

REColorado owners oust board amid plans to sell MLS

Owners of the 16th largest MLS in the country plan to sell to a newly formed private company called MAZL that is run by a person identified only as J. Burks. Continue reading

Proposed sale of REcolorado to private equity firm raises alarms

The multiple listing service is one of the largest in the US. One board member who was part of a team trying to buy the MLS described being blindsided by the private equity deal. Continue reading

MLSs remain valuable tools after the NAR settlement

As compliance becomes even more top of mind for the industry, Realtracs CEO Stuart White writes, MLSs have an enhanced role as a reliable resource to support professionals in following developing processes and procedures. Continue reading

Ohio multiple listing service MLS Now appoints new CEO

Garry Marsoubian previously held a leadership position at Bright MLS and has experience working with multiple listing services’ data and technology. Continue reading

Baird & Warner at center of latest commission lawsuit filed in Illinois

Two consumers filed the class-action suit in the Circuit Court of Cook County. Unlike similar cases, the latest seeks to represent buyers and sellers — and only names Baird & Warner as a defendant. Continue reading

REX appeals latest court loss, aims to keep fighting Zillow

The company is appealing a recent ruling that rejected its request for a new trial. REX has been feuding with Zillow for years now. Continue reading

You won’t believe how different these foreign markets are

Canada has shorter mortgage terms, which are now forcing people to move. Meanwhile in Australia, most buyers don’t even use agents. Continue reading

Collabra and Bright MLS team to give agents ad tech

Bright MLS subscribers will now get free access to Collabra’s AdBuilder and SphereIndex tools, which can be used within Bright’s platform. Continue reading