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: NAR
Rethink your assumptions when marketing to women homebuyers
Think women who buy are focused on style over substance? Think again. They’re mostly focused on financial matters, and they’re willing to consider a fixer-upper.
Top 10% of agents control nearly half of all listings as pay gap widens
Top agents are winning a greater share of listings in the wake of NAR’s commission settlement last year, with high-performers holding 42.64 percent of all listings, new data from tech firm Relitix shows.
‘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.
Fate of Clear Cooperation at hand as Ketchmark issues new warning
As NAR prepares to announce its pocket listing rule decision “in the coming weeks,” attorney Michael Ketchmark said his firm will consider legal action against brokers who vote to maintain the rule.
Suing brokers increasingly chafe at NAR rules and reputation
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Pending home sales fall 4.6% to an all-time low, NAR says
The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6 percent to 70.6 in January, marking an all-time low, while pending transactions fell 5.2 percent year over year.
Brokers want Michigan to split MLS access from Realtor membership
The Hardy plaintiffs clapped back at NAR in court on Friday, noting agents and brokers in California, Florida and Georgia can join the MLS without having to support Realtor associations.
Judge ‘surprised and confused’ by buyers’ ask in commission case
At a Thursday court hearing, Judge LaShonda A. Hunt denied a request to add more state law claims to an antitrust complaint from plaintiffs in a case known as Batton 1.
Commission plaintiffs sue Sibcy Cline — and settle for nearly $1M
The independent, Ohio-based brokerage will pay $895,000 to settle a lawsuit known as Keel after its lead plaintiff, bringing the total settlement fund for plaintiffs in the case to $11.5 million.