Housing Wire

MAY 20, 2024

Rental software provider RentSpree announced on Monday a new partnership with UtahRealEstate.com (URE), a multiple listing service (MLS) serving approximately 20,000 real estate professionals across Utah. Lastly, RentSpree scored another partnership with the Houston Association of Realtors (HAR), the second-largest MLS in Texas.

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Housing Wire

MARCH 31, 2023

In its third year, the 2023 HW Finance Leaders award celebrates the outstanding achievements of the top finance executives in the real estate and mortgage space. Congratulations to the 2023 HW Finance Leaders. As the housing market continues to face volatility, the role of CFO has become increasingly critical.

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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

JUNE 13, 2025

Unlock MLS, Omni MLS partner on international property access Unlock MLS has partnered with Latin America’s Omni MLS to integrate international listings from 17 countries into its system, expanding to 21 soon. million in seed funding.

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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.

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Debt-to-income ratio Agents VA loan MLS 304

Housing Wire

OCTOBER 7, 2024

Freiha joins Opendoor after a three-year stint at Alphabet, where he started as Google ’s vice president of finance and oversaw commerce and payments before moving to capital allocations and planning. In June, Opendoor partnered with the privately owned My State MLS, which serves 60,000 agents in more than 50 markets.

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Technology Finance MLS Title 418

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. "It was almost shocking."

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Mortgages MLS Loans Finance 275

Housing Wire

NOVEMBER 5, 2024

The hotly debated Clear Cooperation Policy (CCP) — a NAR rule that requires Realtors to post a home on a NAR-affiliated multiple listing service (MLS) within a day of signing a listing agreement — is likely playing a role in the responses.

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Purchase and sale agreement Agents MLS Sales 409

Housing Wire

JANUARY 15, 2025

This Old House also noted that some projects could force homeowners to get creative when it comes to financing them. A survey by Bright MLS found that most prospective buyers want homes to be “move-in ready” before a purchase, although that study had a smaller sample size of respondents compared to This Old House’s study.

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Renovation MLS Finance Closing 393

Housing Wire

SEPTEMBER 12, 2023

District Court judge Patti Saris granted preliminary approval of MLS Property Information Network’s (MLS PIN) settlement agreement in the class action buyer-broker commission antitrust lawsuit. MLS PIN, which is New England’s largest multiple listing service (MLS), filed the settlement agreement in late June.

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Housing Wire

OCTOBER 24, 2024

Many of the distressed properties Sandoval encounters are not in good enough condition to qualify for traditional financing. That means the buyer will need to pay in cash or use non-traditional financing such as a hard money loan. When this happens, Sandoval works with the owner to provide a graceful exit.

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Housing Wire

NOVEMBER 30, 2023

Bright MLS released its National Housing Market Outlook on Wednesday, which shows that affordability will remain the biggest challenge for homebuyers next year. Here’s what homebuyers and sellers can expect in 2024, according to Bright MLS: Mortgage rates will fall, ranging between 6% and 6.5% for much of the year before reaching 6.2%

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MLS Closing costs Sales Mortgages 473

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.

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MLS Brokerage Agents Closing costs 466

Housing Wire

FEBRUARY 22, 2024

Arizona Regional MLS and Wisconsin -based Metro MLS are looking to have the antitrust lawsuit filed against them by Zillow Group and ShowingTime dismissed. MLS Aligned is a joint venture set up among the MLS defendants and other unspecified MLSs.

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MLS As-is Marketing Finance 393

Housing Wire

AUGUST 23, 2023

The MLS of the San Francisco Association of Realtors has been up and running since 9 a.m. The Multiple Listing Service of Greater Cincinnati (Cincymls), for example, already announced in a Facebook post that it had selected another vendor, Perchwell , for its MLS services, and would be using Rapattoni for reading purposes only.

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MLS Brokerage Agents As-is 369

The Close

NOVEMBER 26, 2024

Stabilize & Season Your Current Rental Property If you plan to finance multiple rental properties, start by stabilizing your current one. Also, be aware that some lenders have a “seasoning period,” essentially how long you’ve owned or financed the property. Let’s break it down into six easy steps.

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Finance Equity MLS Loans 98

Housing Wire

JULY 30, 2024

Perchwell , a New York City -based real estate data firm that works with MLSs , brokers and agents, announced Tuesday that it has raised $25 million in a Series B financing round. The financing round was led by Lux Capital , which also participated in the company’s Series A round.

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Housing Wire

JULY 23, 2024

Survey data released Tuesday by Bright MLS concluded that “affordability is increasingly becoming more of a challenge for potential homebuyers.“ In June, 38% of buyers successfully completed a purchase through Bright MLS while submitting only a single offer. Good news, however, came in the form of less competition.

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Mortgages MLS Finance Loans 500

Housing Wire

MAY 29, 2025

To compete in these markets, buyers need their finances in order, full visibility into whats for sale and an agent who is an expert negotiator in their corner. more than those sold off the MLS. Still, there are areas where competition is intense and there are bidding wars for most homes.

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Housing Wire

JANUARY 26, 2024

It devolved into a battle about historic facts, old-school MLS listing books, pronunciation corrections and even references to the kid-friendly restaurant chain Chuck E. Our current mortgage finance system does not allow commissions to be plopped on top,” Lamacchia said. Department of Veteran Affairs (VA) loans.

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MLS VA loan Agents As-is 441

Housing Wire

MAY 8, 2025

According to Poleg, this helps agents deliver a more connected, transparent financing experience for clients. So while the MLS conversations will likely continue here at Real, we will stay focused on building for the future. The company now has 97 loan officers, half of whom are also licensed real estate agents who originate loans.

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Technology Title Brokerage Agents 369

Housing Wire

OCTOBER 29, 2024

Burton plaintiffs, who represent a proposed class of “individuals who sold homes on an MLS Listing Service servicing the District of South Carolina,” claim that NAR’s settlement “endeavors to insulate comprehensively the entire real estate industry from the punishment due it for its long, storied history of commission fixing.”

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Brokerage Seller concession MLS As-is 421

Housing Wire

SEPTEMBER 30, 2024

In fact, the study found that flat-fee listing agents — agents who do little more than post a client’s listing to the local multiple listings service (MLS) — get 1% to 4% more on the final sale price than a more involved agent who is compensated with a percentage-based commission. The dataset includes 2.3 million single-family home sales.

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Agents MLS Finance Sales 466

Housing Wire

OCTOBER 21, 2024

As part of NAR’s mandatory MLS policies, Clear Cooperation requires brokers to list properties on an MLS within one day of publicly marketing the listing. Saul Klein , the CEO of San Diego MLS , began his career in the real estate industry in the 1970s. “I more than their off-MLS counterparts.

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MLS Brokerage Industrial Agents 421

Housing Wire

APRIL 15, 2024

Based on the selling guides in use by the GSEs, property sellers are allowed to make financing concessions toward the borrower’s closing costs at a maximum amount of 2% to 9% of the property value.

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Agents Seller concession VA loan Finance 530

Housing Wire

OCTOBER 10, 2024

asked Bright MLS Chief Economist Lisa Sturtevant in a statement. Still, with inflation metrics continuing to cool or at least stay even, economists are optimistic that more rate cuts will happen before the end of the year. What does all of this economic data mean for prospective homebuyers and sellers this fall?”

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Mortgages Marketing MLS As-is 431

Housing Wire

MAY 5, 2023

announced on Thursday that the Optimal Blue product, pricing and eligibility engine (PPE) has added investor content from 54 state-based housing finance agencies (HFAs). With the Optimal Blue PPE’s extensive network of HFA content, lenders using the platform will now have access to more diverse financing options for their clients.

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Investor Finance MLS Closing costs 382

Housing Wire

SEPTEMBER 27, 2023

Builders have been adjusting to the shifting market by lowering prices, and also by offering concessions, upgrades, and relatively more attractive builder financing,” Bright MLS Chief Economist Lisa Sturtevant said on Tuesday regarding new home sales. Part of the price drop has been a shift to sales of smaller, less expensive homes.”

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Marketing New Construction Finance Construction 515

Housing Wire

DECEMBER 27, 2023

District Court in Arizona against Arizona Regional MLS and Wisconsin -based Metro MLS. The lawsuit also names MLS Aligned , the parent company of showing platform Aligned Showings. Metro MLS will also end its ShowingTime integration in Feb. On Friday, Zillow Group and ShowingTime filed a lawsuit in U.S.

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MLS Agents Industrial As-is 496

Housing Wire

SEPTEMBER 27, 2024

An explosive period for Denver’s multiple listing service (MLS) has come to an end, but an even more controversial one might be beginning. One of the interest parties they negotiated with was the existing board of directors, who in February believed they had a handshake deal to acquire the MLS. This is not an MLS.

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Purchase and sale agreement Sales MLS Agents 446

Housing Wire

OCTOBER 6, 2023

In a surprising twist, the National Association of Realtors has announced a change in how interprets its Participation Rule, which requires listing brokers to provide buyer brokers an offer of compensation in order to list on the multiple listing service (MLS). With NAR’s latest announcement other MLS’ may choose to follow suit.

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MLS Brokerage Agents As-is 500

Housing Wire

NOVEMBER 4, 2024

But the New Hampshire Association of Realtors and Prime MLS had already introduced the changes, including mandatory buyer representation agreements and no offers of cooperative compensation on the MLS, about three weeks prior.

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Purchase and sale agreement Inspection contingency Inspection Title 410

Housing Wire

AUGUST 12, 2024

Additionally, they claim that the “compulsory nature of membership in the defendants’ organizations in order to access the MLS is a violation of their ability to conduct business in a fair and unencumbered manned which has resulted and will continue to result in them incurring damages.”

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MLS Agents As-is Finance 485

Housing Wire

NOVEMBER 28, 2023

year over year in Q3, according to the Federal Housing Finance Agency (FHFA) House Price Index. Home-price growth expected to slow in Q4 High mortgage rates combined with a typical seasonal slowdown will limit the number of buyers on the market in Q4, Bright MLS Chief Economist Lisa Sturtevant said in a statement. in September.

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Principal MLS Finance Mortgages 473

Housing Wire

NOVEMBER 1, 2024

This is the lowest monthly jobs number since employment fell in December 2020,” Lisa Sturtevant, chief economist at Bright MLS , said in a statement. The average monthly job gain for the past 12 months is 194,000.

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Construction Residential MLS Mortgages 369

Housing Wire

JANUARY 16, 2024

Like the other commission lawsuits, the Grace suit takes aim at NAR’s Participation Rule, which requires listing agents to make a blanket offer of compensation to the buyer’s broker in order to list the property on the MLS. In addition, BAREIS MLS has its own rule similar to NAR’s Participation Rule. 8, 2019, and the present.

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Brokerage MLS Agents As-is 443

Housing Wire

NOVEMBER 8, 2023

Moving past cooperative compensation In early August, Bright MLS , the nation’s second largest MLS, began allowing listing agents to use a $0 blanket offer of compensation for buyer brokers and still list a property on the MLS. Let’s break down the changes and the implications.

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MLS Agents Closing costs Residential 438