Compass agents see play for Anywhere as a power move

Agents said the deal gives the combined firms increased bargaining power and could help move the needle in Compass’s legal battles. Continue reading

Compass to acquire Anywhere in $1.6B deal, capping rise to top

The upstart Compass had already grown to the top residential brokerage by sales volume. Now, it’s moving to acquire its chief rival. Continue reading

Douglas Elliman joins upstart American Real Estate Association

The NAR alternative also announced that Douglas Elliman CEO Michael Liebowitz has joined its management board, and that the association is adopting the acronym “ARA.” Continue reading

NAR fires back at Mauricio Umansky’s PLS in new legal filing

The trade association essentially denied all allegations that The PLS made against it, arguing that Clear Cooperation and NAR policies are “lawful, justified, procompetitive [and] pro-consumer,” and that they were conducted with NAR’s legitimate busine… Continue reading

How do you think the private listings battle will play out? Pulse

Are you Team Compass? Team Zillow? Or are you just keeping watch to see who comes out on top and how you can pivot? Continue reading

Illinois bill seeks to make Clear Cooperation into law

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

Watchdog calls on DOJ to investigate private listing networks

Consumer Policy Center fellows Stephen Brobeck and Wendy Gilch praised Zillow’s private listing ban while calling on the Department of Justice to limit the spread of private listing networks. Continue reading

Douglas Elliman launches new AI-powered website

The digital platform will include an AI-powered home search tool and a private space for agents and clients to collaborate. The website will also include the “World of Elliman,” a digital lifestyle hub with original content. Continue reading

Bess Freedman on why Compass’ listing portal is raising red flags

Launched Monday, Compass One’s aim is to funnel business through private exclusive channels, Brown Harris Stevens CEO Bess Freedman writes — yet it threatens a healthy real estate market. Continue reading

Agents embrace private listing networks. Consumers? Not yet

Sixty-nine percent of agents since 2020 have recommended their sellers list on a private listing network. However, sellers still favor listing on the multiple listing service, a Zillow survey said. Continue reading