Owners of the 16th largest MLS in the country plan to sell to a newly formed private company called MAZL that is run by a person identified only as J. Burks.
Category: MLS & Associations
Proposed sale of REcolorado to private equity firm raises alarms
The multiple listing service is one of the largest in the US. One board member who was part of a team trying to buy the MLS described being blindsided by the private equity deal.
Judge denies stay order after plaintiffs argue against NAR deal
Attorneys for the plaintiffs in a case now known as Moratis stress that NAR’s proposed settlement won’t stop “a key element of the antitrust conspiracy” and might take years to go into effect.
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Nova Scotia MLS adds new fields to serve buyers with mobility needs
Realtors can now add information to help potential buyers search for homes that might meet their mobility needs. The new fields were added to the Nova Scotia MLS on Wednesday.
Bright MLS will allow sellers to offer concessions upon listing
In response to NAR’s proposed settlement, the nation’s second largest MLS will add data fields on June 11 allowing sellers to signal they’re willing to offer buyer concessions when they list a home.
HAR partnership caps RentSpree’s busy spring
RentSpree distributes its product to empower residential agents in their work with clients who may not yet be ready to buy, and to provide them software advantages to offer investor clients or to use in their own rental portfolios.
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How commission changes could lead to transactional transparency
This journey is not without its challenges, broker Bob Mathew writes, but the rewards — enhanced transparency, consumer trust and a more competitive marketplace — are worth the effort.
NAR attempts to reboot its rep at midyear conference: The Download
The National Association of Realtors membership gathered in the nation’s capital to ctrl-alt-del its reputation. Did it work?