Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry’s most polarizing rules.
Category: MLS
Agents say business as usual since Aug. 17 — but signs of strain ahead
While most reported normal activity in the weeks after the commission rules took effect, some saw an uptick in listing clients refusing to pay buyers’ fees, new Inman Intel Index results show.
Big Brother’s little brothers are watching you
Feeling like your listings are under scrutiny? They are. Bernice Ross lets you know more about the tools and techniques MLSs are using to ensure compliance with new commission rules.
Homie sues NAR and others, alleging boycott and conspiracy
The suit accuses NAR and major franchisors of breaking antitrust laws. The company’s complaint includes alleged text messages in which agents refused to show Homie listings.
NAR settlement rules: Live updates as the real estate changes roll out
New rules stemming from the National Association of Realtors’ landmark commission settlement went into effect Saturday. Inman is tracking the impacts of those rules in real time.
Compass CEO: Clear cooperation is ‘anti-homeowner’
Robert Reffkin on Wednesday said clear cooperation attaches “negative insights” to listings, and predicted the polarizing anti-pocket listing rule is ultimately doomed.
More than 10 million homesellers targeted in class-action media blitz
JND Legal Administration, the company tapped by lawyers to oversee administrative tasks around the Gibson settlement, sent mail out to millions of potential class members earlier this year.
New would-be buyer steps in with offer for REColorado
Ohio-based software company MRI Software is making a bid for the MLS just days before it could be sold to another buyer.
EXp not ‘doing broker-to-broker compensation’ — with caveats
A much-discussed listing agreement update reflects upcoming NAR rules, but doesn’t bar sellers from offering compensation to buyers’ agents.
REColorado unveils interim CEO amid rocky ownership change
The MLS is separating from ties with Realtor organizations by selling to a newly formed private company. Broker Larry D. McGee will serve as interim CEO.