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REcolorado MLS CEO on the power of data and the MLS

Housing Wire

Gene Millman, president and CEO, REcolorado The value of the MLS cannot be understated. With the real estate industry adjusting to the National Association of Realtors commission lawsuit settlement agreement , the importance of a tried and trusted MLS business partner is undeniable. Tell me more about data protection.

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MLS executives imagine a world with no MLS

Housing Wire

We are optimistic and hopeful that the value of the MLS and the role of the agent will prevail so that we can continue to provide an efficient and transparent marketplace for consumers.” With great change on the horizon, MLS executives said they are focusing on showing their value to agents and their clients. “I

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Panic! at the brokerage: Industry leaders plan next steps after NAR settlement

Housing Wire

I think a lot of agents just sort of relied on the MLS to dictate what they were going to make. Like Danzey, Edgerton has heard many concerns from agents across the industry, much of which has been centered around the timeline laid out in the settlement. There is a little bit of a cramming session right now for agents,” Edgerton said.

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Chaos, consolidation and opportunity: Experts weigh in on what NAR’s settlement means for the industry

Housing Wire

While many in the real estate industry were surprised by the news Friday morning that the National Association of Realtors had agreed to a nationwide settlement of the commission lawsuits for $418 million, Marty Green, a principal at law firm Polunsky Beitel Green , was not one of them. It is going to be an absolute mess.”

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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Meanwhile, trade groups representing lenders believe that more details on the settlement are needed to understand its coming impact on the housing market. He said he’s also interested in seeing where homes will be listed since they will no longer be required to be in the MLS system. LOs on average get about 1%.)

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‘Worst possible outcome’: Industry experts weigh in on DOJ’s desire to decouple commissions

Housing Wire

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

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MLS Reinvented: A manifesto for the Industry

Inman

Join the conversation about the future of the MLS at Inman Connect New York in January, where we’ll be discussing this manifesto, and much more.

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