Compass calls Northwest MLS a ‘monopolist,’ asks court to dismiss counterclaims

The legal tit-for-tat over MLS rules blocking coming-soon listings has been ongoing for a year in a Washington court. Continue reading

Chicago MLS expands private listing network nationwide, teams up with Compass

MRED will offer any licensed agent at a brokerage access to its Private Listing Network that allows for pre-marketed listings. Continue reading

More than 1 in 3 homesellers is giving up a sub-5% rate this spring

More than a third of homesellers working with Coldwell Banker-affiliated agents hold mortgage rates below 5 percent and are still planning to list this spring, new survey data shows, an early sign the lock-in effect may be loosening. Continue reading

Does your brokerage’s AI match the hype? Take Intel’s April survey

Each month, hundreds of real estate agents, brokers, executives and investors contribute to one of real estate’s most ambitious monthly efforts to document changes to the industry. Add your insights. Take the survey. Continue reading

Home price growth hits slowest pace since 2012: Redfin

U.S. home prices posted their slowest annual growth rate in more than a decade in March, even as a shrinking supply of new listings kept prices from falling outright, according to Redfin. Continue reading

Professor ‘proves’ pocket listings outperform the MLS? Not so fast

You may have seen a study that purports to show a pricing premium for private listings, coach Darryl Davis. The truth is very different and far more complex. Continue reading

Pocket listings reshape access as agent commissions remain largely unchanged: Watchdog

A new report suggests that the industry’s push toward pocket listings is emerging as a pressure point for first-time buyers. Continue reading

Homes listed in late April sell faster and above asking, Redfin finds

Homes listed during the final weeks of April are 18 percent more likely to sell above their original asking price than the yearly average — the highest likelihood of any week in the year — according to a Redfin and Home Economics analysis. Continue reading

Coming-soon listings are the hottest topic in real estate. Does your MLS allow them?

We created a feature that shows where dozens of MLSs serving 1.2 million real estate professionals stand on coming-soon listings, the hottest topic in real estate. Continue reading

Homeowners remodel instead of move as costs keep them in place

More than 2 in 5 Americans renovated their home in the last year, and most did so as a deliberate alternative to moving, according to a new Redfin survey. Continue reading