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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 485
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How two sisters closed $40 million in 2024 “vibe flipping” LA homes

Housing Wire

They closed nearly $40 million in volume in 2024, vibe flipping luxury homes. They walked us through their exact strategy for building a team, finding homes to renovate and sell and which renovations get the best ROI at the closing table. Claire and Sam OConnor are living your HGTV-inspired rockstar Realtor dream life.

Closing 362
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Judge to MLS PIN: ‘Trying to understand why this matters’

Housing Wire

Saris is ready to see some movement in the Nosalek commission lawsuit , which has been pending for five years now, but that doesn’t mean she is going to approve MLS PIN’s settlement without properly examining the details. Im just trying to understand why this matters, Judge Saris said. Why do you care so much?

MLS 252
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From consultation to closing: The definitive homebuying checklist

Housing Wire

Ill share everything you need to keep the homebuying process running smoothly from your first meeting to closing and beyond. From choosing a property to navigating the closing process, youll need to do a deep dive into their wants, needs, and deal breakers. Think of this as building a roadmap for their homebuying journey.

Closing 307
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Place buys Remine for $1.5 million in cash at auction

Housing Wire

The deal, which is expected to close in the next two weeks, was first reported by Inman News. Remine has more than 40 MLS customers totaling 600,000-plus agents and brokers nationwide. The firm was founded in 2015 and sold in 2021 to Unlock MLS , First MLS , Miami Realtors MLS and Heartland MLS for $53.5

MLS 355
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Most prospective buyers want turnkey homes, despite higher prices

Housing Wire

But survey data released Thursday by Bright MLS found that some standards were top priorities for some buyers. The Maryland-headquartered MLS conducted a survey in mid-December that included 700 prospective homebuyers who were renting or living with others. Walkability and school quality followed closely behind at 36.1%

MLS 397
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MLSs turn to AI to catch commission lawsuit settlement violations

Housing Wire

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.

MLS 409