Compass said it will share its 6,000-plus exclusive listings with brokerages and multiple listing services, as long as they don’t alter or monetize listings — or share listings with platforms that do. Continue reading
Redfin will begin banning listings that aren’t added to the multiple listing service (MLS) within 24 hours of being publicly marketed in September. The announcement comes two days after Zillow Group shared its ban timeline. Continue reading
If passed into law, HB 3452 would require brokerages to market properties for sale on public platforms within one calendar day of entering into an agreement with a seller, unless the seller signed a disclosure and an opt-out form. Continue reading
Zillow’s move to prohibit certain listings from its portal “signals a major tech platform is willing to challenge the old brokerage cartel,” according to Consumer Advocates in American Real Estate. Continue reading
Current practice changes are pushing us toward a less transparent market, compliance expert Summer Goralik writes. That’s bad business for both clients and real estate professionals. Continue reading
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
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