Housing Wire

APRIL 14, 2025

According to a statement from Redfin CEO Glenn Kelman on Monday, Redfin.com will not publish any listings that have been publicly marketed before being shared with all real estate websites via the MLS. Kelman said Redfin is doing this because it believes that all buyers should be able to see all listings.

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MLS Brokerage Agents Design 384

Housing Wire

MARCH 4, 2025

The brokerage is giving agents at all brokerages access to Coming Soon, which houses its exclusive listings. We are working to ensure that NAR and the MLS no longer force homeowners to market their properties in ways that disadvantage them. decrease on the national median sale price. Coming Soon is next.

Agents 332

Agents MLS Brokerage Days on market 332

Housing Wire

NOVEMBER 30, 2024

Typically, with franchise organizations, it’s all about the sales process and bringing on more franchises. The lack of training and guidance by brokerages is horrible. Dwiggins: Those forms are created by a committee of competing brokerages, which is literally how we got into the lawsuit to begin with.

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MLS Brokerage Agents Industrial 370

Housing Wire

DECEMBER 20, 2024

The brokerage announced this week that it has added the Milwaukee -based Houseworks Collective real estate team. The deal brings 15 agents and more than $60 million in annual sales volume to Keller Williams. The team has a strong record of multimillion-dollar sales revenue, accumulating $118.5

Brokerage 382

Brokerage MLS Sales Agents 382

Housing Wire

MAY 14, 2025

In the ongoing debate over NAR’s Clear Cooperation Policy , one question looms large: who really benefits when a single agent or brokerage represents both sides of a real estate transaction? Many also point to the fact that private listings essentially lock out lower-income buyers who rely on open MLS access. The result?

Marketing 336

Marketing MLS Brokerage Agents 336

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

NOVEMBER 8, 2024

On Thursday, MLS leaders took center stage at several conference sessions, including discussions of the business practice changes driven by the NAR commission lawsuit settlement and how the role of the MLS — and the MLS-broker relationship — has evolved as a result. “I We’ve come a long way since then.”

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MLS Technology Staging Agents 396

Housing Wire

MAY 6, 2025

In the 1960s, brokers created the first MLS in booklet form to create a true marketplace of the inventory that was for sale. MLS visibility still required Sellers who choose delayed marketing will be able to have their listing entered in the MLS and displayed to MLS participants, as well as shared through websites, social media, etc.,

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MLS Days on market Brokerage Agents 346

Housing Wire

NOVEMBER 15, 2024

NAR’s settlement agreement — which closed a number of antitrust class-action lawsuits against NAR and major brokerages for allegedly inflating Realtor commissions, and is pending final approval this month — outlines 13 practice changes required of NAR-affiliated MLSs. And businesses in the space are looking to capitalize on the moment.

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MLS Purchase and sale agreement Technology Agents 409

Housing Wire

MAY 29, 2024

Northwest MLS , the largest multiple listing service in the Pacific Northwest, will not take part in the $418 million agreement reached by the National Association of Realtors (NAR) in the Sitzer/Burnett case. Secret deals’ The NWMLS board of directors made the decision to opt out at its most recent meeting, the organization said Tuesday.

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MLS Brokerage Agents As-is 496

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

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.

Brokerage 491

Brokerage Residential MLS Sales 491

Housing Wire

MAY 1, 2025

Willoughby said his team only considers off-market sales under specific and rare conditions such as when a property needs significant repairs or the seller has privacy concerns but hes wary of agents using the method to drive dual agency transactions or cultivate exclusive buyer lists. Why would we hide it? Its about giving them options.

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Agents Marketing MLS FHA loan 376

Housing Wire

OCTOBER 7, 2024

Under its new ownership, REcolorado MLS rolled out a new Participation Agreement. REcolorado denies that the agreement does either of these things, claiming that the agreement gives it copyright over the compilation of the MLS database. They say the MLS has not hosted an event where agents can ask questions.

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MLS Sales Brokerage Agents 450

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

MARCH 3, 2025

And while most of the talking points espoused on both sides of the debate remain fairly consistent, those who are in favor of the policy have recently started to claim that an agent who doesnt list their sellers properties on the MLS may be exposing themselves to legal liability. Jerrold Bregman, a partner at BG Law , shares a similar view.

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MLS Agents Brokerage Industrial 307

Housing Wire

JANUARY 26, 2024

But all of that changed on Thursday, when Whaley’s counsel filed an amended complaint naming 15 brokerages as defendants. What remains unchanged is the central focus of the lawsuit — NAR’s Participation Rule which requires listing brokers to make a blanket offer of compensation to buyer’s brokers in order to list a property on an MLS.

Brokerage 430

Brokerage MLS As-is Agents 430

Housing Wire

JUNE 27, 2024

In a statement released Wednesday night, REcolorado warned Denver-area Realtors that outside ownership of the local MLS could bring added uncertainty during an already uncertain time and suggested that their data could be compromised. REcolorado is the 16th-largest MLS in the United States and has 25,000 members.

MLS 397

MLS Equity Brokerage Sales 397

Housing Wire

DECEMBER 17, 2024

The suit also alleges that the defendants which include the brokerages, agents, brokers, support staff, title companies and banks involved in the transaction coordinated to gain an unfair advantage. The other defendants in the suit are those involved in the title and escrow process and the wiring of the allegedly fraudulent funds.

Earnest money deposit 381

Earnest money deposit Purchase and sale agreement Title Banks 381

Housing Wire

APRIL 11, 2025

Over a week ago, Compass and Reffkin sent a letter to MLS executives asking them to not include delayed marketing exempt listings, which were created by the MLOS policy, in virtual office website (VOW) data feeds. Without these mechanisms, we believe more listings will end up off-MLS across brokerages, the letter states.

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MLS Brokerage Days on market Industrial 334

Housing Wire

MARCH 26, 2025

Unlike listings marketed under the office exclusive carve out that is part of the existing Clear Cooperation Policy (CCP), delayed marketing listings are submitted to the MLS and available to be viewed by all MLS participants. However, NAR noted that the VOW display must meet all the requirements outlined in NARs MLS policy.

Marketing 270

Marketing MLS Brokerage Days on market 270

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. The firms sales volume rose 80% year over year to $13.5

Technology 369

Technology Title Brokerage Industrial 369

Housing Wire

FEBRUARY 13, 2024

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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MLS Technology Residential Banks 409

Housing Wire

APRIL 8, 2025

After Jensen took over as CEO in 2015 , MRED created an internal MLS private listing network after survey feedback from subscribers found that many were frustrated by the number of pocket listings and sales occurring.

MLS 297

MLS As-is Industrial Agents 297

Housing Wire

FEBRUARY 11, 2025

When I attended a national real estate conference last month, the Clear Cooperation Policy the provision requiring listings to be published on the MLS within 24 hours of marketing a property predictably surfaced as a hot-button issue. At one point, a poll asked the hundreds in the audience: What are your thoughts on Clear Cooperation?

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MLS Brokerage Industrial Agents 301

Housing Wire

APRIL 24, 2025

Consumers want and expect a single-search experience, where all available homes for sale can be viewed seamlessly, Hendricks wrote. Outdated rule Stellar MLS in Florida is one organization that recently abandoned the policy. The company began using an IDX feed to power its listing portal in 2021.

MLS 243

MLS Brokerage Design Industrial 243

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. The simple answer is that real estate agents are paid on commission, typically a percentage of the property’s sale price. Now, it’s time to join a brokerage. Also top of the list, agents are marketers.

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Agents Brokerage Purchase and sale agreement Commercial 421

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. Tracy Kasper is President of the National Association of Realtors.

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MLS Brokerage Agents Closing costs 466

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

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.

MLS 248

MLS Brokerage Principal Agents 248

Housing Wire

OCTOBER 2, 2024

REcolorado has taken a big step toward moving on from its controversial sale earlier this year. The Denver -area MLS has named a new CEO in Dana Bennett, who returns to REcolorado after an 18-month stint away from the company. After Burks purchased the MLS in June, REcolorado rolled out a revised participation agreement to its members.

Purchase and sale agreement 409

Purchase and sale agreement Sales MLS Industrial 409

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

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

JUNE 9, 2025

He claims this limits a broker’s ability to compete with larger firms by imposing undue financial pressure that disproportionately impacts small brokerages. He said the result of the policy is “reduced consumer choice, artificial inflation of business costs and market foreclosure for alternative business models in real estate brokerage.”

Brokerage 284

Brokerage Commercial MLS Inspection 284

Housing Wire

JUNE 25, 2024

REcolorado — which is the 16th-largest MLS in the country with 25,000 members — said it had reached a deal to buy the shares of the company from the associations earlier this year before DMAR and SMDRA broke off communication.

Due diligence 381

Due diligence MLS Sales Brokerage 381

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

MARCH 27, 2024

Brokerages took notice, resulting in a surge in companies and office locations competing for their share of listings, according to CoreLogic multiple-listing service data shared exclusively with HousingWire. In this environment of high rates and tight inventory, brokerages have had to become sharp elbowed.

Brokerage 449

Brokerage Construction MLS Land 449