Some respondents to Inman’s Pulse survey seemed furious about the determination, while others were pleased, especially at the fact that CCP had been preserved. Still, multiple respondents simply expressed confusion over the new policy. Continue reading
Rather than intentionally fragmenting the marketplace, the Redfin CEO writes, all listings should show in one place, with the seller allowing different levels of disclosure on each listing. Continue reading
After months of debate, NAR announced Tuesday it will keep its policy requiring properties to be listed on an MLS within one day of marketing while adding new “delayed marketing exempt listings.” Continue reading
Sellers who privately listed their home lost an average of $4,975, according to an analysis by Zillow of 2.72 million deals since 2023. The gap is wider for sellers of color, underscoring the benefits of Clear Cooperation. Continue reading
Compass CEO Robert Reffkin argued against Clear Cooperation Wednesday during an Inman on Tour session in Nashville while warning that “data is the new oil” amid predictions of a national MLS. Continue reading
As NAR prepares to announce its pocket listing rule decision “in the coming weeks,” attorney Michael Ketchmark said his firm will consider legal action against brokers who vote to maintain the rule. Continue reading
While on stage at Inman Connect New York, Mauricio Umansky argued that Clear Cooperation stifles competition. Meanwhile, James Dwiggins said the rule puts the customer first. Continue reading
Los Angeles-based Luxury Presence, which launched as a website developer for luxury brands before evolving into a wide-ranging software provider, will unveil the solution at ICNY on Tuesday. Continue reading
The justices will review NAR’s petition on Friday and post their decision on Monday. The Realtor trade group urged the highest court in the land to hear its case “to clarify that the government must keep its contractual promises just like other parties.” Continue reading
The Compass CEO, long a critic of the polarizing NAR rule, believes that the real estate industry as a whole will finally come around to his view in the near future. Continue reading