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Bright MLS: Housing market shifts toward necessity, balance

Housing Wire

housing market is entering a new phase defined less by competitive bidding and more by financial stress and practical necessity, according to a second-quarter Bright MLS agent survey released Friday. It’s a far more practical, needs-based market today,” Sturtevant said.

MLS
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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
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Unlock MLS, Omni MLS partner on international property access

Housing Wire

Texas-based Unlock MLS has entered into a strategic agreement with Omni MLS — the largest subscriber-based multiple listing service in Latin America — to provide expanded international property access for its members. Ross Buck, CEO of Omni MLS, said the agreement reflects the companies’ shared goals.

MLS
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MLS PIN, Restb.ai unite to bring gen AI solutions to real estate pros

Housing Wire

New England -based MLS Property Information Network (MLS PIN) is following these footsteps with its latest partnership. MLS PIN announced a partnership with Restb.ai on Monday to bring advanced AI features to its web-based Pinergy MLS system. Erminio Grasso, president and CEO of MLS PIN, describes the Restb.ai

MLS
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Austin Realtors to give non-Realtors access to Unlock MLS

Housing Wire

For the first time, the Austin Board of Realtors (ABoR) is opening up access to its Unlock MLS platform to non-Realtors. Starting June 1, real estate agents who are not certified Realtors will be able to subscribe to Unlock MLS without joining the 20,000-member ABoR. a month, or $575.64

MLS
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Compass has sued an MLS. History could shed light on its antitrust claims

Housing Wire

The antitrust lawsuit filed last week by Compass against Northwest MLS (NWMLS) has generated a lot of talk , but it is far from the first time a brokerage has sued an MLS over an alleged antitrust injury. But these focus on the National Association of Realtors (NAR) three-way membership agreement and access to the MLS.

MLS
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Stellar MLS launches market, neighborhood reports for agents

Housing Wire

Stellar MLS — the largest multiple listing service in Florida and Puerto Rico — has launched IO Reports, a new tool that offers subscribers access to neighborhood and market insights for any address in the U.S. It also includes a market trends component that covers home sales , median home prices and inventory updates.

MLS