article thumbnail

Home sellers who didn’t list on the MLS lost $1B in sale proceeds: Zillow

Housing Wire

Home sellers who did not list their properties on the MLS lost out on more than $1 billion in sale proceeds over the past two years, according to a study published Monday by Zillow. In 2023 and 2024, Zillow found that sellers who chose not to list on the MLS typically lost out on nearly $5,000, selling their property for 1.5%

MLS
article thumbnail

MLS PIN, Restb.ai unite to bring gen AI solutions to real estate pros

Housing Wire

New England -based MLS Property Information Network (MLS PIN) is following these footsteps with its latest partnership. MLS PIN announced a partnership with Restb.ai on Monday to bring advanced AI features to its web-based Pinergy MLS system. Erminio Grasso, president and CEO of MLS PIN, describes the Restb.ai

MLS
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Unlock MLS, Omni MLS partner on international property access

Housing Wire

Texas-based Unlock MLS has entered into a strategic agreement with Omni MLS — the largest subscriber-based multiple listing service in Latin America — to provide expanded international property access for its members. Ross Buck, CEO of Omni MLS, said the agreement reflects the companies’ shared goals.

MLS
article thumbnail

Austin Realtors to give non-Realtors access to Unlock MLS

Housing Wire

For the first time, the Austin Board of Realtors (ABoR) is opening up access to its Unlock MLS platform to non-Realtors. Starting June 1, real estate agents who are not certified Realtors will be able to subscribe to Unlock MLS without joining the 20,000-member ABoR. a month, or $575.64

MLS
article thumbnail

Compass has sued an MLS. History could shed light on its antitrust claims

Housing Wire

The antitrust lawsuit filed last week by Compass against Northwest MLS (NWMLS) has generated a lot of talk , but it is far from the first time a brokerage has sued an MLS over an alleged antitrust injury. But these focus on the National Association of Realtors (NAR) three-way membership agreement and access to the MLS.

MLS
article thumbnail

Nosalek plaintiffs seek preliminary approval of MLS PIN settlement

Housing Wire

Initially announced in the summer of 2023, the settlement is between the Nosalek plaintiffs and defendant MLS Property Information Network (MLS PIN). Initially announced in the summer of 2023, the settlement is between the Nosalek plaintiffs and defendant MLS Property Information Network (MLS PIN). Despite Judge Patti B.

MLS
article thumbnail

The future of the MLS may be murky, but brokers still want the data

Housing Wire

As a panel of real estate leaders gathered to discuss the future of the MLS at the National Association of Realtors ‘ NXT conference in Boston, Errol Samuelson , Zillow ‘s chief industry development officer, found himself and his company in a bit different standing than usual with the audience of several hundred agents and brokers.

MLS