The Washington-based multiple listing service said private listings entrench brokerages as “gatekeepers.” The comments come after Robert Reffkin called out NWMLS on Instagram.
Category: Multiple Listing Service
‘Zillow made the wrong choice’: REX seeks full appeals court review
The discount brokerage contends that a three-judge panel erred in finding that NAR’s no-commingling rule was not direct evidence of “concerted action” between NAR and Zillow.
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.
Former Realtor president sues NAR over 3-way agreement
Agent Preston Moore decried his suspension following an ethics investigation he alleges was discriminatory and said he was “forced” to belong to NAR for MLS access.
Clear Cooperation takes center stage, faces pressure to change
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.
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.