Housing Wire

OCTOBER 17, 2023

We are optimistic and hopeful that the value of the MLS and the role of the agent will prevail so that we can continue to provide an efficient and transparent marketplace for consumers.” According to the two settlement agreements, the firms are no longer allowed to require agents to belong to NAR.

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MLS Industrial Agents As-is 422

Housing Wire

MARCH 13, 2024

Saris will allow the Nosalek commission lawsuit plaintiffs and MLS Property Information Network (MLS PIN) defendants to file a response to the Department of Justice’s statement of interest. The DOJ’s statement was in relation to the settlement agreement reached between the Nosalek plaintiffs and MLS PIN in July 2023.

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MLS Agents Marketing 440

Housing Wire

MARCH 28, 2024

Kirkland, Washington-based Northwest MLS (NWMLS) is looking to have its voice heard in a lawsuit all the way on the other side of the country. The MLS added that in the DOJ’s argument about steering, it did not acknowledge that the rule changes also made information about sellers’ offers of compensation available to other consumers. “DOJ’s

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MLS Agents 414

Housing Wire

JANUARY 12, 2024

Agents and brokers in Colorado will soon be able to view listings and share their own listings, with real estate professionals in four other metro areas. Our partnership with REcolorado is a real win for real estate agents and brokers in Colorado, Georgia, and beyond,” Jeremy Crawford, president and CEO of FMLS, said in a statement.

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MLS Technology Agents As-is 440

Housing Wire

FEBRUARY 29, 2024

The plaintiffs in the Nosalek commission lawsuit and defendant MLS Property Information Network (MLS PIN) have teamed up to ask Judge Patti B. The joint motion was filed on Wednesday by MLS PIN, Jennifer Nosalek, Randy Hirschorn and Tracy Hirschorn.

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MLS Agents Closing As-is 418

Real Estate News

APRIL 13, 2024

Bright MLS legal counsel Brian Schneider explained the ins and outs of the NAR settlement rule changes. Here’s what real estate professionals need to know.

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MLS Agents 318

Housing Wire

APRIL 17, 2024

The latest findings from Relitix’s Agent Movement Index (AMI) for March 2024 reveal a nuanced landscape in the real estate sector, with shifts in agent activities suggesting stabilizing and evolving market conditions. The index is calculated using national-level data from a large sample of the nation’s most prominent MLS systems.

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Agents MLS Brokerage Industrial 414

Housing Wire

FEBRUARY 22, 2024

Arizona Regional MLS and Wisconsin -based Metro MLS are looking to have the antitrust lawsuit filed against them by Zillow Group and ShowingTime dismissed. MLS Aligned is a joint venture set up among the MLS defendants and other unspecified MLSs.

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MLS Marketing As-is Finance 384

Housing Wire

NOVEMBER 28, 2023

CubiCasa , a Finland-based proptech company, partnered with OneKey MLS – a major mortgage licensing system (MLS) serving the New York Metropolitan area – to provide user-friendly floor plan creation tools. Other notable MLSs in the program include Bright MLS , the Houston Association of Realtors and Georgia MLS.

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MLS Technology Mortgages Industrial 408

Housing Wire

JULY 21, 2023

The nation’s second largest multiple listing service , Bright MLS , will begin allowing listing agents to put in a blanket offer of compensation for buyer brokers of zero dollars or more, starting on August 9. While Bright MLS, which serves clients in Delaware, Pennsylvania, Maryland, Virginia, New Jersey, Washington, D.C.,

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MLS Agents Brokerage As-is 370

Housing Wire

DECEMBER 20, 2023

Real estate agents and brokers , are you relying solely on that buyer drip you set up for your motivated and qualified clients? It’s time to get more creative, aggressive and profitable with your MLS searches. 6 strategies to actively and creatively mine your MLS 1. Has the drip run dry?

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MLS Pre-approval New Construction Construction 419

Housing Wire

MARCH 18, 2024

Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as real estate agents continue the trend of switching brokerages at a faster rate than 2023. Additionally, the drop in active agent count, representing those agents with a closing in the last 12 months, has been halted. respectively.

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Brokerage Agents MLS Closing 396

Housing Wire

FEBRUARY 21, 2024

With market uncertainty, real estate agents had been sticking with their current brokerage., According to Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as agents begin switching brokerages at a faster rate than 2023. but that’s all starting to change. respectively.

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Brokerage Agents MLS As-is 449

Housing Wire

OCTOBER 27, 2023

In reality, consumers are better off and business competition thrives very much because of NAR’s rules and how well local Multiple Listing Service (MLS) broker marketplaces function. These local MLS broker marketplaces work in favor of consumers every day. Real estate agents know city and county property taxes.

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MLS Brokerage Agents Closing costs 466

Housing Wire

SEPTEMBER 23, 2021

The nation’s third largest MLS, with over 70,000 agents in Florida and Puerto Rico, Stellar MLS announced Tuesday that it is partnering with Remine and MoxiWorks to launch a new platform for real estate professionals. The post Stellar MLS to launch new agent platform appeared first on HousingWire. and Canada.

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MLS Agents Brokerage Technology 298

Housing Wire

JANUARY 5, 2024

Real estate industry veteran Saul Klein is taking over as the CEO and director of SDAR’s wholly-owned San Diego MLS , according to an announcement on Tuesday. “I In July, Mike Mercurio , SDMLS’ longtime CEO left the MLS amid a cloud of alleged inappropriate financial behavior.

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MLS Technology Banks Residential 409

Housing Wire

NOVEMBER 27, 2023

Real estate agents are continuing to stay put, moving much less between brokerages than the post- pandemic peak seen in the summer of 2021, according to the latest Relitix Agent Movement Index. representing a decline in annualized movement of agents of over 18%. The most recent trailing 12-month value shows a new low of 89.4,

Agents 430

Agents MLS Brokerage As-is 430

Housing Wire

APRIL 15, 2024

Fannie Mae and Freddie Mac will not count buyer’s agent commissions as part of their allowable interested party contributions (IPCs), according to announcements from the government-sponsored enterprises (GSEs) on Monday.

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Agents Seller concession VA loan Finance 530

Housing Wire

SEPTEMBER 12, 2023

District Court judge Patti Saris granted preliminary approval of MLS Property Information Network’s (MLS PIN) settlement agreement in the class action buyer-broker commission antitrust lawsuit. MLS PIN, which is New England’s largest multiple listing service (MLS), filed the settlement agreement in late June.

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MLS As-is Finance Brokerage 407

Housing Wire

APRIL 11, 2024

As the real estate industry undergoes a significant shift in its commission structure, a recent Redfin survey reveals a lack of knowledge among homebuyers regarding their agents’ compensation. According to the findings, a significant portion of recent homebuyers remain in the dark about crucial aspects of agent payments.

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Agents MLS Industrial As-is 432

Housing Wire

JANUARY 16, 2024

After a multi-year decline in agent movement between brokerages , Relitix ’s Agent Movement Index shows a clear bottoming out in early fall of 2023 and increased real estate agent mobility as we move into 2024. “We We can definitely call a bottom to the decline in agent movement,” said Rob Keefe, Relitix founder and president.

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Agents MLS Brokerage As-is 449

RIS Media

APRIL 15, 2024

Above, Lisa Sturtevant and Brian Schneider After its new report, Dispelling Myths About Real Estate Commissions and the MLS, was released April 12, Bright MLS Chief Economist Lisa Sturtevant and legal counsel Brian Schneider spoke in-depth at a virtual presentation about how the National Association of REALTORS®’ (NAR) proposed settlement and other (..)

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MLS Agents Sales Industrial 115

Real Estate News

OCTOBER 2, 2023

The Southeast MLS Alliance and Coast 2 Coast MLS Data Share in Florida represent the latest initiatives to expand data sharing among MLSs.

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MLS Agents 310

Housing Wire

JANUARY 26, 2024

It devolved into a battle about historic facts, old-school MLS listing books, pronunciation corrections and even references to the kid-friendly restaurant chain Chuck E. He also said that the idea that agents and MLSs are colluding is “ridiculous.” If they want to hire just a regular agent, they are free to do that.

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MLS VA loan Agents As-is 441

Inman

DECEMBER 13, 2023

OneKey MLS's purchase of broker-owned Mid-Hudson MLS is expected to close in January. OneKey says it will provide more data and reach to agents while saving time and money.

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MLS Agents Closing 162

Housing Wire

MARCH 25, 2024

During a virtual open house hosted by Keller Williams to answer agent and broker questions about the settlements in the commission lawsuits , the overwhelming message was for real estate professionals to focus on what they can control. Don’t panic. The executives said they received more than 150 questions.

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Purchase and sale agreement Agents Seller concession MLS 439

Housing Wire

AUGUST 14, 2023

The incident left agents from all across the country scrambling for workarounds to navigate the disruption to their marketing and property sales efforts, the North Bay Business Journal first reported. It’s also been challenging for agents to keep track of sold properties since the attack as their local MLS system has been out.

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Agents MLS Brokerage Sales 370

Housing Wire

SEPTEMBER 5, 2023

are teaming up to provide generative AI tools to First Multiple Listing Service (FMLS), the fourth largest MLS in the country. The tools will be delivered through the CoreLogic suite of MLS solutions, including CoreLogic Matrix and CoreLogic OneHome. Data giant CoreLogic and real estate computer vision provider Restb.ai

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MLS Technology As-is Agents 392

Housing Wire

OCTOBER 18, 2021

MLS Technology Holdings, LLC , a joint venture formed by four of the nation’s largest MLSs, has acquired real estate technology company Remine Inc., 4 by the Austin Board of Realtors’ ACTRIS MLS , First MLS in Atlanta, Heartland MLS in Kansas City and Miami Realtors’ MLS. The joint venture was incorporated on Oct.

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MLS Technology Lending Agents 395

GeekEstate Agents & Brokers

APRIL 25, 2024

Today’s showcase: Solid Earth] Creating technology solutions for MLSs and Realtor Associations, Solid Earth launched the first web-based MLS platform, List It, in 1999. Learn More The post Member Engagement Tools for MLS and Realtor Associations appeared first on GeekEstate Blog.

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MLS Technology Branding Brokerage 70

Housing Wire

APRIL 2, 2024

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

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Agents Brokerage MLS Technology 376

RIS Media

APRIL 16, 2024

Editor’s note: The following ‘Myths vs Facts’ were excerpted from recent research, “Dispelling the Myths About Real Estate Commissions and the MLS,” released by Bright MLS. Bright MLS President and CEO Brian Donnellan offers context on the analysis below the comparisons.

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MLS Agents Industrial 115

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

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Industrial Seller concession Purchase and sale agreement Agents 504

Housing Wire

NOVEMBER 20, 2023

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. But what happens if consumers pivot away from buyer agents altogether? Enter the savvy seller.

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Pre-approval Agents Loan Officer Seller concession 453

Housing Wire

MARCH 27, 2024

These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” But even with all the negative nouns used to describe some real estate agents, the majority of real estate agents are professional and valuable. And before getting my real estate license in 2009, I had the same opinion, too.

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Purchase and sale agreement Agents MLS Brokerage 328

Housing Wire

OCTOBER 19, 2023

1, REBNY rules will prevent the listing brokers from paying buyer agents and instead will require sellers to pay commissions directly. The rule will require listing agreements to clearly outline the seller’s offer of compensation to the buyer’s agent. Starting Jan.

Agents 432

Agents MLS Residential Brokerage 432

Inman

SEPTEMBER 22, 2023

MLS-Touch provides connections to four home showing solutions driven by the data of each MLS in which it's active. It can be deployed by MLSs that don't use Matrix, CoreLogic’s listing solution.

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MLS Agents Technology 191