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

T3 Sixty ‘Danger’ report emerges as latest hitch in NAR lawsuit

NAR commissioned the report for the trade group’s Strategic Thinking Advisory Committee. Among the top 10 dangers noted were “Commissions spiral downward.” Continue reading

Real estate big wigs don’t want to be ‘treated like children’ by MLSs

Gary Gold and Mauricio Umansky expressed skepticism Wednesday about multiple listing service policies that would ban pocket and off-market listings. Continue reading

Bright MLS debuts new pocket listing rule

Major East Coast multiple listing service Bright MLS announced Wednesday that it has rolled out a new policy on so-called “pocket listings,” requiring agents to add any properties they are publicly advertising to the system or, eventually, they’ll face… Continue reading

Trade group and landlords divided on rent control law in California

The law exempts most apartments built within the past 15 years, and, thanks to lobbying by the California Association of Realtors, doesn’t apply to most single-family homes. Continue reading

DOJ files statement of interest in larger buyer broker lawsuit

The U.S. Department of Justice filed a statement of interest Monday in the Moehrl class action buyer broker commission lawsuit. The statement mirrors one filed last week in the class-action lawsuit filed by Joshua Sitzer and other plaintiffs, and indic… Continue reading