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: Multiple Listing Service
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.
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.
REColorado owners oust board amid plans to sell MLS
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.
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.
Redfin exec: Clear Cooperation is failing to stop pocket listings
Joe Rath is Redfin’s senior director of brokerage operations and head of industry relations. He shared thoughts on Clear Cooperation ahead of his appearance at Inman Connect Las Vegas.