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ICE strikes multiyear deal with MLS-owned REdistribute 

Housing Wire

Intercontinental Exchange (ICE) announced a multiyear licensing agreement with REdistribute for permissioned access to multiple listing services (MLS) information. Launched in 2022 by BrightMLS and California Regional MLS , REdistribute is an MLS-owned company that includes licensed data from more than 40 MLSs.

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Now unshackled, the DOJ casts a large shadow over the commission lawsuit settlement

Housing Wire

This influence is why analysts at investment bank Keefe, Bruyette & Woods (KBW) believe the drama surrounding NAR’s commission lawsuit settlement agreement is far from over. The DOJ always had that card up its sleeve.”

MLS 426
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How to Estimate Real Estate Brokerage Expenses

The Close

Opening your own brokerage is a huge milestone in your real estate career. However, if you don’t accurately estimate your real estate brokerage expenses, your startup dream can quickly become a nightmare. In my 28-year career in real estate, I have launched or coached more than 20 startup real estate brokerages.

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Zillow or CoStar? NAR settlement terms could determine a winner

Housing Wire

Like all of the publicly traded brokerages, Zillow Group saw its stock prices slide, dropping 13.4% In a note issued March 15, after the news of NAR’s settlement broke, analysts at investment bank KBW wrote that the companies they expect to be “most negatively impacted include those with buyer agent commission-driven models.”

MLS 393
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9 Services Smart Brokerages Are Offering to Attract More Agents

The Close

Today’s sophisticated agents want more from their real estate brokerage than just the basic file review, supervision, and commission disbursement. So if you don’t want your brokerage to get left in the dust, you will need to step up the real estate services you provide. You’ll quickly overload yourself and your staff.

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Xactus targets lenders through active listing data

Housing Wire

The monitoring program, covering all 50 states, includes MLS listing data as well as public records from data aggregators. Xactus has more than 6,500 clients, including banks and non-bank mortgage originators, and 12 service centers across the country.

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How the buyer commission lawsuits could upend the relationship between agents and LOs

Housing Wire

Some of the nation’s largest real estate brokerages, including Keller Williams, RE/MAX , HomeServices of America as well as the National Association of Realtors , are facing three class action lawsuits (NAR is only named as a defendant in two lawsuits) that could result in the industry paying out tens of billions in damages.

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