Housing Wire

FEBRUARY 26, 2024

In this new capacity, Greene will oversee operations, sales and customer service efforts, working to empower CoreLogic’s MLS clients. I am honored to be considered for this role. (…) I look forward to guiding my team as we set the pace to transform the residential real estate industry,” Greene said in a statement.

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Industrial MLS Development Residential 419

RIS Media

JUNE 27, 2023

OneKey® MLS, the largest MLS in New York, has announced that residential, condo, and co-op sales transactions in the regional MLS coverage area saw a 2.6% increase in closed median sale price month-over-month from April to May 2023. MoM appeared first on RISMedia. MoM appeared first on RISMedia.

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Housing Wire

DECEMBER 19, 2023

The home seller plaintiffs and MLS Property Information Network’s (MLS PIN) efforts to address the Department of Justice’s “significant concerns” about their proposed settlement agreement in the Nosalek commission lawsuit were not enough. MLS PIN, however, has not been as fortunate.

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MLS Residential Development As-is 418

RIS Media

SEPTEMBER 14, 2023

OneKey® MLS has launched an enhanced version of OneKeyMLS.com, the consumer property search portal offering listings in New York City, Long Island and the Hudson Valley region. The portal maintains 49,000 subscribers and 4,500 participating offices in the New York regional coverage area.

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MLS Commercial Residential Technology 113

GeekEstate

MARCH 29, 2023

Today’s showcase: Perchwell] A business operating system, Perchwell, provides listing data management, search, and syndication plus collaboration solutions for residential real estate professionals and their clients. First launched in New York City, Perchwell has powered REBNY’s Residential Listing Service since 2020. Backed by CRMLS.

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MLS Residential Technology Construction 125

Housing Wire

MARCH 20, 2024

Friday’s bombshell – the National Association of Realtors ‘ proposed $418 million settlement of real estate commission lawsuits – set off a frenzy of trading for stocks in the residential real estate sector. Two of every three dollars made by the residential segment came from services for buyer agents.

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Investor Residential Agents MLS 457

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. As of Jan.

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MLS Agents Closing costs Residential 438

Housing Wire

OCTOBER 2, 2023

MLS Property Information Network’s (MLS PIN) settlement agreement in the Nosalek class action antitrust buyer-broker compensation lawsuit has hit yet another snag. 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

JANUARY 9, 2024

Masiello sold a home on an Arizona MLS through HomeSmart “in or about October 2021.” 2023, the Masiello suit is seeking class action status for all persons who used any brokerage defendant to list and sell a home on an Arizona MLS and paid a buyer broker commission between Jan. commission ($10,250) to the buyer broker.”

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MLS Brokerage Residential As-is 466

Housing Wire

OCTOBER 19, 2023

The REBNY and the Residential Listing Service (RSL) in NYC are governed by the Universal Co-Brokerage Agreement (UCBA) and are independent from the National Association of Realtors. Starting Jan. 1, REBNY rules will prevent the listing brokers from paying buyer agents and instead will require sellers to pay commissions directly.

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Agents MLS Residential Brokerage 432

RIS Media

JULY 12, 2023

The Hudson Gateway Association of REALTORS® and OneKey MLS, both based in the Hudson Valley area of New York state, have announced they’ve published a Q2 2023 market report.

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MLS Marketing Residential Industrial 83

Housing Wire

FEBRUARY 28, 2024

At the center of the lawsuit is 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 a Realtor association affiliated MLS. 2, 2019, and Oct. None of the defendants responded to a request for comment.

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MLS Residential Brokerage Agents 430

Real Estate News

JUNE 7, 2023

residential properties. REdistribute, which sells data from participating MLSs to institutional users, now covers nearly half of U.S.

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Housing Wire

OCTOBER 16, 2023

At the crux of the case is the allegation that commission rates are too high, it’s unfair that the seller pays the buyer’s agent’s commission, and that the National Association of Realtors’ (NAR) Code of Conduct and MLS Handbook lead to set pricing. ” What’s at stake?

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MLS Brokerage Agents Residential 458

Housing Wire

JANUARY 19, 2024

Despite not being affiliated with NAR, MetroList adopted a rule similar to NAR’s Participation Rule, requiring listing agents to make a blanket offer of compensation to buyers’ brokers in order to list a property on the MLS. “By District Court in Sacramento by Willsim Latham, LLC., 18, 2020, and the present.

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MLS Residential Brokerage Agents 422

Housing Wire

APRIL 3, 2024

The battle began heating up in September 2023 when CoStar’s residential real estate platform Homes.com surpassed 100 million unique monthly visitors, becoming the second most popular listing portal behind Zillow. If they both become the de facto MLS, that gives the power to all the portals.”

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MLS Residential Agents Industrial 450

Housing Wire

NOVEMBER 8, 2023

District Court for the Northern District of Illinois Eastern Division, this lawsuit also takes issue with NAR’s Clear Cooperation rule, which requires listing brokers to make an offer of compensation to buyer brokers in order to submit a listing to a Realtor-affiliated MLS.

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MLS Residential Agents As-is 432

Inman

APRIL 5, 2023

The Residential Real Estate Council removed Pam Ruggeroli from her position for reasons the trade group will not disclose, prompting an outpouring of support for the ousted president.

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Residential MLS 155

Housing Wire

DECEMBER 6, 2023

Similar to the other commission lawsuits, the latest two take aim at the National Association of Realtors’ Participation Rule, which requires the listing broker to make a blanket offer of compensation to the buyer’s broker to list the property on the MLS. District Court for the Western District of Pennsylvania.

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MLS Brokerage Agents Industrial 432

RIS Media

JULY 20, 2023

OneKey MLS, which maintains coverage in southern New York state markets, has released its monthly market report for June 2023. Year-over-year, the closed median sale price held steady, decreasing less than 1% from the $615,000 reported… The post Southern New York State Residential Sales Increase appeared first on RISMedia.

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Residential Sales MLS Closing 75

Housing Wire

JULY 7, 2023

In June, employment in residential specialty trade contractors continued to trend up (+10,000). In the June jobs report, residential building construction employment is up 0.8% year over year, while non-residential is up by 4.8%. The fastest monthly growth came from residential specialty trade contractors.

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Construction Residential MLS Renovation 370

Broke Agent Media

FEBRUARY 8, 2023

BAM Key Details: Bright MLS, CRMLS, and BeachesMLS announced a data share among the three organizations. Combined, Bright MLS, CRMLS, and BeachsMLS serve over 50 million consumers. Tech Solutions for the MLS Industry Last year, Bright MLS and CRMLS announced a plan to collaborate on technology solutions for the MLS industry.

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MLS Industrial Residential Technology 98

Housing Wire

APRIL 22, 2024

NAR agreed to abolish its “Participation Rule“ that required sell-side agents to offer compensation to buyer brokers in order to list properties on a Realtor association-affiliated MLS. The change would go into effect in mid-July 2024 if the settlement is approved by a judge. People will still need to buy a home after July.

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Housing Wire

APRIL 26, 2024

The deal comes just days after the federal judge overseeing the commission case in Missouri approved a preliminary settlement that will see the National Association of Realtors and multiple other residential brokerages collectively pay hundreds of millions of dollars in damages and make large-scale changes to longstanding commission policies.

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Brokerage MLS Agents Branding 466

Inman

JUNE 7, 2023

Restb.ai, a software company that has pioneered use of computer vision, a form of artificial intelligence, in the residential real estate space, has cemented its latest multiple listing service relationship.

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MLS Residential Technology 130

Housing Wire

NOVEMBER 7, 2023

However, it was better than the overall residential industry, which fell 20%, according to Greg Hart, chief operating officer at Compass. The primary MLS in the area, non-Realtor owned Northwest MLS , in 2019 eliminated a requirement that listing brokers offer buyer brokers a commission to submit a listing to the MLS. “At

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Principal MLS Agents Brokerage 407

RIS Media

APRIL 28, 2022

Leaders from California Regional MLS have collaborated to launch Venture MLS, the first venture capital firm rolled out by a Multiple Listing Service, the organization has announced. The firm’s first project, Venture MLS Fund I, will back seed and early-stage real estate technology companies.

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MLS Technology Staging Development 93

Housing Wire

FEBRUARY 21, 2024

The residential brokerage was dismissed this week from one of the early real estate commission lawsuits , known as “Batton 1” after its lead plaintiff, a homebuyer named Mya Batton. HomeServices of America can preserve some of its legal war chest — for now, at least. Judge Andrea Wood of the U.S.

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Brokerage MLS Commercial Residential 407

Housing Wire

NOVEMBER 14, 2023

“Shelter inflation has been coming down slowly since the summer, as new residential construction activity ramped up in 2023,” said Lisa Sturtevant, chief economist for Bright MLS. Even though shelter prices dropped to 0.3% the prior month, they’ve increased 6.7%

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New Construction Construction MLS Residential 407

Housing Wire

MARCH 10, 2023

Lisa Sturtevant, Bright MLS’ chief economist, said in a statement. The construction sector added 24,000 jobs in February thanks to a large uptick in the specialty trade contractors segment of construction, which gained 13,400 jobs, and residential specialty trade contractors accounted for 11,200 of those jobs.

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Construction Residential MLS Mortgages 367

RIS Media

AUGUST 7, 2023

(HGAR) and OneKey® MLS recently hosted a virtual panel featuring real estate experts who discussed New York’s cooperative building sector.

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MLS Title Design Agents 91

Housing Wire

MARCH 29, 2024

Defendants in the lawsuit include the National Association of Realtors (NAR), the Real Estate Board of New York (REBNY), HomeServices of America , Compass , eXp World Holdings , Douglas Elliman , Halstead Real Estate , Brown Harris Stevens Residential Sales and Realty One Group. according to the complaint.

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Purchase and sale agreement MLS Agents Residential 441

Housing Wire

JUNE 10, 2021

REX grabbed national attention in March when the residential real estate brokerage filed a lawsuit alleging an antitrust conspiracy between listings giant Zillow and the powerful National Association of Realtors. In order to get these feeds, Zillow had to comply with the vast majority of MLS’s that adopt the NAR’s “no commingling” rule.

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Purchase and sale agreement MLS Brokerage Residential 384

REM Online

AUGUST 12, 2020

The original post can be found at the following URL: Sale breaks Quebec residential price record. Sotheby’s International Realty Canada says the sale of a private estate in Montreal has set a new benchmark as the highest recorded residential property sale through the MLS system in Quebec’s history.

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Residential Sales MLS 89

Housing Wire

OCTOBER 31, 2023

Buyer’s agent commissions won’t necessarily go away Two weeks ago, the Real Estate Board of New York (REBNY) and the Residential Listing Service modified their rules starting Jan. No big deal, except for one thing: Almost all MLS information is already syndicated with every large real estate portal. Look around.

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MLS Agents Industrial Technology 421

McKissock

MAY 28, 2021

When doing market analysis, once you’ve gathered the information you need from the local MLS or other sources, there are a number of technology tools that you can utilize to help you refine the data and make graphs out of it. ” The post 5 Residential Market Analysis Tools for Appraisers appeared first on McKissock Learning.

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Residential Marketing MLS Technology 52

Housing Wire

JUNE 8, 2022

Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood. The monitoring program, covering all 50 states, includes MLS listing data as well as public records from data aggregators.

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Short sale MLS Banks Loans 369