Tag Archives: off-market listings

Brad Pitt buys historic D.L. James’ clifftop Carmel home for $40M

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The home is located atop a steep bluff on the oceanside of Highway 1. The deal marks one of the priciest to ever close in the Carmel area, according to local agents. Continue reading →

As homebuyers pine for options, startups scramble to fill the void

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A new class of tech company is responding to the home inventory shortage by taking sellers to the edge of the MLS — and sometimes beyond — with off-market appeals and more. Continue reading →

How agents use encrypted apps to scout off-market listings

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Agents, investors and developers are using Telegram and Facebook’s free, encrypted instant messaging and voice-over-IP service to network and find off-market listings. Continue reading →

Be an off-market pro: 10 tips to find hidden inventory

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With more buyers competing for fewer homes, it’s more essential than ever for agents to find ways to stay relevant. And the best way to do that is to bring your clients inventory they didn’t even know existed. Here’s how. Continue reading →

Bright MLS delays pocket listing rule penalties

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Agents who violated the multiple listing service’s new pocket listing ban had been set to face $5,000 fines beginning next week. Continue reading →

Bright MLS delays pocket listing rule penalties

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Agents who violated the multiple listing service’s new pocket listing ban had been set to face $5,000 fines beginning next week. Continue reading →

Redfin CEO doubles down on support for pocket listing ban

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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

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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

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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

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