Housing Wire

DECEMBER 19, 2024

As Eben Moran of Stellar MLS aptly stated on RentSprees Its Closing Time podcast, the future lies in collaboration: How can we come together to make the industry better overall? This underscores the need for MLS s to focus on their core mission: empowering agents and brokers to succeed. today well ahead of the 25.6

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MLS Agents Industrial Brokerage 368

Housing Wire

APRIL 4, 2025

Office exclusives are becoming an increasingly significant segment of the Bright MLS marketplace, according to a recent Bright MLS study examining their impact on the broader housing market. Office exclusives take longer to sell and offer no price advantages over immediately promoting a home through the MLS, it said.

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MLS Brokerage Agents Sales 259

Housing Wire

FEBRUARY 17, 2025

“The acquisition of Private Collection accelerates Final Offers market share of enterprise brokerage customers seeking to provide their agents with a tool to share off-market listings within their brokerage as well as their clients and prospective clients,” Final Offer said in a prepared statement.

Marketing 384

Marketing Brokerage MLS Agents 384

Housing Wire

MAY 1, 2025

Dombrowski says his team has closed several successful off-market deals that satisfied both parties. We tell them, If you want maximum exposure, we go on the MLS. If your brokerage is doing off-market deals regularly, thats not a strategy thats a business model, Coleman said. Thats why the MLS was created in the first place.

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Agents Marketing MLS FHA loan 376

Housing Wire

MAY 8, 2025

Tamir Poleg, chairman and CEO of The Real Brokerage , closed out the prepared remarks section of his firms first-quarter 2025 earnings call by addressing the transformative technological era the industry is currently operating in. billion and the number of transactions closed during the quarter jumped 77% to 33,617.

Technology 369

Technology Title Brokerage Industrial 369

Housing Wire

MAY 9, 2025

CoStar Group is using Boost, its new Homes.com marketing feature, in an attempt to counter the bans by Zillow and Redfin on listings that are publicly marketed prior to being entered into the MLS. The boost on the listing will last until a sale closes. Agents can boost a listing for a one-time fee of $260.

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MLS Brokerage Agents Investor 362

Housing Wire

NOVEMBER 1, 2024

This includes — but is not limited to — posting to the MLS, hosting open houses and getting creative with social media. Last but not least, real estate agents prepare documents such as closing documents, purchase agreements, and leases while ensuring that the transaction is in compliance with local laws and their client’s terms are met.

Agents 421

Agents Brokerage Purchase and sale agreement Commercial 421

Housing Wire

NOVEMBER 25, 2024

While the DOJ had previously taken a stand against the practice of cooperative compensation, a practice the settlement still allows for, albeit off the MLS , this settlement term was not the one the DOJ took issue with. The DOJ believes the buyer broker agreements have the potential to “limit how brokers compete for clients.” “It

Brokerage 473

Brokerage MLS Residential Agents 473

Housing Wire

MARCH 25, 2021

reigned supreme as the largest residential brokerage in America by transaction sides last year , according to the latest annual RealTrends 500 ranking. But such activity didn’t result in more sales volume than its chief rivals, publicly traded brokerage colossus Realogy or controversial New York upstart Compass. It notched $151.7

Brokerage 491

Brokerage Residential MLS Sales 491

Housing Wire

MARCH 12, 2025

Michael Ketchmark , the lead plaintiffs counsel in the Gibson commission lawsuit against real estate brokerages, told Inman News that his firm is closely monitoring NAR s vote and will determine its next steps based on the outcome. And the decision comes under the shadow of a potential legal challenge.

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Brokerage MLS Design Closing 334

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 404

Housing Wire

APRIL 22, 2025

The policy was a response to a proliferation of pocket listings and a rapid decline in housing inventory on the MLS, despite a large number of transactions still occurring. The CCP requires listing brokers to share a listing to the MLS within 24 hours of publicly marketing the property. People just started holding back inventory.

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MLS Brokerage Days on market Industrial 234

Housing Wire

MAY 22, 2025

Rechat a real estate software company focused on artificial intelligence (AI)-powered tools for brokerages and agents has named marketing and property technology veteran Audie Chamberlain as head of strategic growth and communications. Theres a reason top brokerages like SERHANT. Nothing else comes close.

Brokerage 263

Brokerage Branding Technology MLS 263

Housing Wire

FEBRUARY 4, 2025

The essence of our industrys defense of modern MLS infrastructure rests upon a fragile foundation that says, “Its not perfect, but its the best we can do.” If we were to start fresh, no competent businessperson would design an MLS system like this. ” But lets cut through the noise and examine whats really going on.

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MLS Brokerage Industrial Agents 264

Housing Wire

NOVEMBER 26, 2024

District Court in Kansas City, Missouri, on Tuesday granted final approval to NAR’s commission lawsuit settlement agreement , as well as the settlements reached by HomeServices of America and the numerous MLSs and brokerages that chose to opt into NAR’s settlement. million) , The Real Brokerage ($9.25 million ), Douglas Elliman ($7.75

Brokerage 384

Brokerage MLS As-is Agents 384

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. And who is hurt most by that proposition?

MLS 466

MLS Brokerage Agents Closing costs 466

Housing Wire

FEBRUARY 15, 2024

As a result, the docket was listed as closed as of Thursday morning before being reopened at midday. That’s because the deadline for the Department of Justice (DOJ) to file its statement of interest in the MLS Property Information Network (MLS PIN) settlement agreement is at the end of the day Thursday. The remaining $1.64

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Closing MLS Brokerage As-is 418

Housing Wire

FEBRUARY 19, 2025

In his opening remarks during Compass s fourth-quarter 2024 earnings call on Tuesday, Reffkin said that almost half of the markets the brokerage operates in have stopped enforcing CCP, a rule implemented by the National Association of Realtors (NAR). That 24-hour window doesnt provide much benefit to a brokerage pursuing exclusive listings.

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MLS Brokerage Principal Agents 248

Housing Wire

NOVEMBER 4, 2024

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. Angela is the 11th-ranked agent in the state by sales volume, closing 38 sides and $29.82 For this, I turned to New Hampshire-based Cohen Closing & Title , where another cousin is the director of business development.

Purchase and sale agreement 410

Purchase and sale agreement Inspection contingency Title Inspection 410

Housing Wire

AUGUST 25, 2024

With technology changing faster than new agents answer phone calls, choosing the right real estate brokerage software can sometimes feel like a full-time job. Here’s why: Good software might help your brokerage stay afloat in a post-lawsuit market. The looming chaos from the commission lawsuits sure isn’t helping.

Brokerage 409

Brokerage Branding Agents MLS 409

Housing Wire

NOVEMBER 4, 2024

It explicitly allows for such offers to be made off-MLS, however. If sellers cannot notify buyers about offers off-MLS, many buyers will not have the information they need to determine whether a home purchase is financially feasible. Advocates presenting dubious arguments are helping to create a two-tiered system of brokerage services.

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Debt-to-income ratio Agents VA loan MLS 304

Housing Wire

JULY 26, 2021

Multiple Listing Services (MLS) by those trying to disparage the system. This past December, my mother and father closed on their home of 35 years in Limerick, Ireland, after 10 months “in escrow.” They also recently closed on their purchase of a new home. And that home rental between closings? An additional $6,400.

MLS 384

MLS Purchase and sale agreement Brokerage Closing 384

Housing Wire

MAY 8, 2025

But could listing a client’s property on a private network instead of the MLS really be considered a breach of fiduciary duty? A study from Bright MLS backs up Willoughbys assertions. If an agent or even the brokerage double-ends the deal, that’s even more of a sin, according to Doug Miller. Why would we hide it?

MLS 248

MLS Pre-approval Brokerage Agents 248

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

Real Estate News

JUNE 14, 2025

Real Estate News Staff June 14, 2025 7 mins Editor's note: The brokerage business is a busy one, with frequent moves, mergers and milestones. Here we highlight some of the latest activity among brokerages across the U.S. Over the years, she climbed the ranks from agent to associate broker to brokerage owner.

Brokerage 150

Brokerage Branding Agents Industrial 150

Housing Wire

FEBRUARY 14, 2025

Two months prior to that, Zillow began moving homes not listed on the MLS out of initial user search results and onto a second tab. This adhered to an optional NAR rule , which prevents those who choose to adopt it from commingling MLS listings with non-MLS listings. In May 2022, REX ceased its brokerage operations.

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Staging MLS Brokerage Design 243

Housing Wire

OCTOBER 31, 2023

The third week of the Sitzer/Burnett commission lawsuit trial kicked off Monday with some final testimony from the defendants before making way for closing arguments from both parties. Davis also discussed the MLS and how the National Association of Realtors’ Clear Cooperation Rule impacts both buyers and sellers during her time on the stand.

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Closing MLS Brokerage Agents 421

Real Estate News

JUNE 13, 2025

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock Industry Startup aims to bring assumable mortgages to the masses Could a new market emerge around homebuyers taking over a seller’s existing low interest rate loan? One proptech veteran thinks so.

Mortgages 268

Mortgages MLS Loans Finance 268

Housing Wire

APRIL 15, 2025

Under these new standards , if a listing is publicly marketed to any buyer it must be put in an MLS and be able to be published on Zillow as well as other sites that receive internet data exchange (IDX) feeds, within 24 hours of the start of a public marketing campaign. On Monday, Redfin , which is to be acquired by Rocket Companies for $1.75

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MLS Brokerage Agents Residential 272

Housing Wire

AUGUST 6, 2024

17 implementation deadline for these changes, brokerages like eXp are finding themselves sorting out their forms. As the largest brokerage in the country by transaction sides in 2023, Pareja said it made sense for eXp to create its own forms. “We And as the clock continues to count down to the Aug.

Brokerage 421

Brokerage MLS Agents As-is 421

Housing Wire

MARCH 25, 2021

reigned supreme as the largest residential brokerage in America by transaction sides last year , according to the latest annual ranking by Real Trends. But such activity didn’t result in more sales volume than its chief rivals, publicly traded brokerage colossus Realogy or controversial New York upstart Compass. It notched $151.7

Brokerage 358

Brokerage Residential MLS Sales 358

Housing Wire

JUNE 9, 2025

Here are twelve mind-blowing ideas and prompts smart agents are using to close more deals with ChatGPT in 2025. ” How to make ChatGPT write like you (or a billion-dollar luxury brokerage) ChatGPT can now convincingly emulate anyone’s writing style. It’s not perfect, but close. Sound familiar?

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Branding Title Agents As-is 408

Housing Wire

SEPTEMBER 13, 2024

Ryan Serhant and his brokerage SERHANT. HousingWire real estate reporter Jeff Andrews sat down with Serhant to talk about the show, how it changed his life and the brokerage, and what he sees coming in the industry following the commision settlement by the National Association of Realtors (NAR). At this point, we’ve gained, I think, 1.3

Brokerage 396

Brokerage Branding Agents MLS 396

Housing Wire

SEPTEMBER 18, 2024

Dawn Pfaff is a free-market evangelist, and that informs how she runs MyState MLS. While no legal statute presently outlaws these practices, the MLSs might be engaging in a game of chicken with the Department of Justice (DOJ) and the law firms that have won or settled commission lawsuits against NAR and several major brokerages.

MLS 458

MLS Brokerage Seller concession Agents 458

Housing Wire

MARCH 19, 2024

For many real estate brokerages and roughly 1 million Realtors, the nationwide settlement agreement that the National Association of Realtors (NAR) negotiated due to the ongoing commission lawsuits marks the end of their cooperative compensation litigation concerns, at least for the time being. billion ), Douglas Elliman ($42.8

Brokerage 465

Brokerage Industrial MLS Sales 465

Housing Wire

AUGUST 22, 2024

Utah-based Wasatch Front Regional MLS , which does business as UtahRealEstate.com , is also named as a defendant in the suit. As a self-described “technology driven industry disrupter,” Homie’s business model involves charging home sellers a flat fee to list their property on the MLS. “As

MLS 458

MLS Brokerage Residential Technology 458

Housing Wire

JANUARY 27, 2025

Together, these obstacles are forcing agents and brokerages to hit the sidelines and plan against seemingly insurmountable odds like facing Brady and the Patriots in the Superbowl. Consider platforms that centralize operations from lead generation to closing. Its a win-win for real estate professionals and clients alike.

Technology 384

Technology Renovation Industrial Agents 384