Redfin CEO doubles down on support for pocket listing ban

In a new blog post, Glenn Kelman argues that exclusive listings lead to discrimination and urged real estate professionals to take a stand by supporting a proposed ban. Continue reading

Bright MLS: Pocket listing ban won’t hurt discount brokerages

Bright MLS is facing resistance to a new policy that bans pocket listings, but it said Tuesday the rule will still let discount brokerages customize commission offers. Continue reading

Compass sends ‘pre-litigation letter’ to Bright MLS over pocket listing policy

Amid a heated industry-wide debate over off-market listings, Compass this week sent a “pre-litigation letter” to Bright MLS threatening legal action over the multiple listing service’s new pocket listing policy. 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