Competition, discretion drive lux agents to embrace private listings

How crucial off-market listing networks are to luxury agents may depend in large part on their geographical market. In the current debate, there are still luxury agents firmly planted on both sides. Continue reading

Mauricio Umansky’s ThePLS.com sues NAR over private listings

Celebrity agent Mauricio Umansky, who has targeted the National Association of Realtors’ dominance over agents and the rules governing real estate, heads back to court. Continue reading

As Compass and Zillow duke it out, will agents come out on top?

Amid private listing debates and portal wars, agents should be asking one question: How does my business benefit from the outcome? Continue reading

Zillow provides clarity on private listings rule — and when it rolls out

Zillow will send warnings about non-compliant listings beginning May 28, but enforcement won’t start until June 30. Agents will receive two warnings before their third non-compliant listing is blocked, executives said. Continue reading

Howard Hanna CEO threatens to leave MLS: ‘The world has changed’

Howard Hanna’s CEO Howard “Hoby” Hanna envisions offering “a deeper level of retail experience” after the NAR rule change, but chafes at the trade group “telling us how to operate our business.” Continue reading

EXp rolls out advisory forms for sellers considering a private listing

The open-sourced form warns homesellers that selling a property privately without listing it on the MLS may have negative financial impacts but recognizes sellers hold the “final choice” in how to market their homes. Continue reading

Consumer advocate behind Moehrl lauds new Zillow private listing rule

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

Zillow to prohibit listings that are privately marketed

Zillow said the company’s new standards, which eXp Realty also committed to, show how it’s implementing Clear Cooperation on its platform. Those that do not meet the standards won’t be published on Zillow “for the life of the listing.” Continue reading

Private listings offer no clear advantage for sellers: Bright MLS

As the debate over Clear Cooperation has hit a peak in recent weeks, the new study suggests that seller flexibility may not mean much when it comes to looking at hard numbers from MLS transactions in the last year. Continue reading

Agents feel joy, rage, confusion over Clear Cooperation ruling

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