Windermere exec: Private listings herald ‘demise’ of real estate

Windermere Co-President OB Jacobi told Inman private listing networks benefit brokerages, not consumers, and said his firm isn’t jumping on the bandwagon. Continue reading

NAR, MLS and how to market your next listing: The Download

Amid layoffs at NAR, the new Delayed Marketing Exempt Listings policy drew scrutiny as MLSs scramble to implement its rollout. Continue reading

EXCLUSIVE: Compass clients signal legal action against NWMLS

A new website soliciting plaintiffs for a possible class-action suit against the Washington MLS asks homeowners if they’ve sold in the state and seen “a price drop or significant days on market.” Continue reading

NWMLS fires back at Compass, condemns ‘exclusionary’ tactics

The Washington-based multiple listing service said private listings entrench brokerages as “gatekeepers.” The comments come after Robert Reffkin called out NWMLS on Instagram. Continue reading

NWMLS opts out of NAR deal in bid to continue commission offers

Northwest MLS says banning compensation in the MLS restricts consumer choice and transparency. Plaintiffs’ attorney Michael Ketchmark says “the fox is guarding the chicken house.” Continue reading

CoreLogic mobile MLS-Touch app available to 1M real estate agents

MLS-Touch provides connections to four home showing solutions driven by the data of each MLS in which it’s active. It can be deployed by MLSs that don’t use Matrix, CoreLogic’s listing solution. Continue reading

Industry warned to prepare for $40B hit on commissions

Buyer’s agents, and the ecosystem of companies that provide services to them, would bear the brunt of legal challenges to the traditional commission structure, Brian Boero said at Inman Connect. Continue reading

Northwest MLS to directly spell out homesellers’ commission obligation

Effective Oct. 3, NWMLS’s forms will specify that buyer broker compensation will come directly from sellers and offer new options for how listing agents and buyer agents will be paid. Continue reading

4 commission charts that explain both sides of the Moehrl conflict

The homeseller plaintiffs hope to show the need for change in how agents are paid, while NAR and major real estate franchisors aim to show the status quo is working just fine. Continue reading

‘Radical’ and ‘doomed’: The case against the ‘bombshell’ Moehrl suit

The real estate establishment’s latest salvo against the so-called “bombshell” buyers’ agent case is a sprawling, 3,000-word argument against granting class-action status in the Moehrl federal lawsuit. Continue reading