Housing Wire

NOVEMBER 22, 2024

The plaintiffs take issue with what they claim is a requirement for agents and brokers — in Michigan and nationally — to be members of NAR, their state Realtor association and a local Realtor association in order to gain access to the MLS. The three plaintiffs are real estate professionals.

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Housing Wire

DECEMBER 30, 2024

A report released Monday by the National Association of Realtors (NAR) showed an increase in pending home sales for the fourth consecutive month. NAR’s Pending Homes Sales Index (PHSI) report is a forward-looking source that predicts home sales based on contract signings. The report found that pending home sales jumped 2.2%

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Housing Wire

JANUARY 24, 2025

Existing home sales finished 2024 on a high note after a dismal year for the housing market. The December report from the National Association of Realtors (NAR) shows existing-home sales at a seasonally adjusted annual rate of 4.24 Sales in 2024 finished at just 4.06 Available existing homes for sale fell to 1.15

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Housing Wire

FEBRUARY 19, 2025

Bright MLS has addressed these claims this week with relevant data. Powell shared an image that shows an exorbitant number of homes for sale in the Washington, D.C. Bright MLS countered this post by saying that, “We’re not seeing any evidence of a surge of listing activity in the Washington, D.C., housing market.

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Housing Wire

NOVEMBER 27, 2024

The latest signal comes from the National Association of Realtors ‘ (NAR) Pending Home Sales Index (PHSI), which shows sales in October growing 5.4% “Homebuying momentum is building after nearly two years of suppressed home sales,” NAR chief economist Lawrence Yun said in a statement. year over year.

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Housing Wire

APRIL 1, 2025

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?

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Real Estate News

JUNE 27, 2025

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock MLS/Assn MLS extending push for transparency to referral fees New disclosure forms will help buyers and sellers understand who is getting paid — and how much — during home transactions, Northwest MLS says.

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Real Estate News

JUNE 23, 2025

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock By the Numbers High rates, prices keep existing home sales muted Though there was an uptick in existing home sales as spring progressed, last month was still the slowest for the month of May since 2009. That rate was up 0.8%

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Housing Wire

JANUARY 24, 2025

Matching listings appear on the client’s saved search channels, alongside MLS listings. Some agents call any non-MLS listings “ pocket listings.” Tim Quirk, Final Offer’s co-founder and chief strategy officer, said the new feature will help clients “test the market” before using an MLS.

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Housing Wire

APRIL 18, 2025

million sales price is less than 3% of what four MLSs paid for the company in October 2021. 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

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Real Estate News

JUNE 26, 2025

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock By the Numbers Pending sales defy expectations, spark hope for a rebound Mortgage rates continued to decline in another positive sign for the market. Meanwhile, pending home sales dipped 2.3% increase between April and May — up 1.1%

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Housing Wire

MAY 20, 2025

Zillow will begin a phased rollout of its listing access standards policy, which bans publicly marketed listings not entered into the MLS , on May 28. The standards apply to listings regardless of any applicable local MLS rule, and they apply to all listings subject to an exclusive for-sale listing agreement between a broker and a seller.

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Housing Wire

NOVEMBER 8, 2024

On Thursday, MLS leaders took center stage at several conference sessions, including discussions of the business practice changes driven by the NAR commission lawsuit settlement and how the role of the MLS — and the MLS-broker relationship — has evolved as a result. “I We’ve come a long way since then.”

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Housing Wire

NOVEMBER 5, 2024

And for all talk about getting a good deal on a purchase or sale, people still just want to find the right home and have a smooth process. 1 need, while only 14% said they wanted help in negotiating the terms of the sale. The survey also shed light on the different methods by which agents are marketing homes for sale.

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Purchase and sale agreement Agents MLS Sales 410

Real Estate News

JUNE 25, 2025

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock By the Numbers More sales this year? It’s possible, data indicates ATTOM’s midyear review suggested rising inventory could cause home prices to flatten or fall later this year — and that would be good news for sales.

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Housing Wire

NOVEMBER 15, 2024

Most pertain to banning offers of compensation to buyer agents over the MLS, in addition to preventing MLSs from facilitating such offers to aggregator websites. It also requires MLS members to disclose agreements with prospective buyers that outline commission expectations before showing them a home for sale.

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Housing Wire

MARCH 11, 2025

Why listing scams are on the rise Unlike home sales, land transactions often skip in-person meetings or property access, which makes it easier for scammers to impersonate legitimate owners without detection. Public records & MLS misuse Scammers exploit MLS history and public records to appear credible. Use a service.

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Housing Wire

MARCH 26, 2025

On Tuesday, MLS Property Information Network (MLS PIN) and the plaintiffs in the Nosalek suit, filed requests asking Judge Patti B. MLS PIN and the Nosalek plaintiffs first filed their proposed settlement agreement during the summer of 2023. DOJs supplemental response addresses none of these points, MLS PIN writes.

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Housing Wire

MARCH 4, 2025

In a news release, Compass CEO Robert Reffkin appeared to openly taunt the National Association of Realtors (NAR), whose CCP rulerequires a Realtor to put a home for sale on the local NAR-affiliated multiple listing service (MLS) within a day of marketing a listing. decrease on the national median sale price.

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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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Housing Wire

JUNE 25, 2024

News of the deal, which the board learned about late last week, surprised the MLS executives who had been approached by the shareholders in January. REcolorado is the 16 th largest MLS in the country with 25,000 members. So when the shareholders offered to let the MLS buy itself out, “we jumped at the chance,” Vincent said.

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Housing Wire

DECEMBER 19, 2024

As Eben Moran of Stellar MLS aptly stated on RentSprees Its Closing Time podcast, the future lies in collaboration: How can we come together to make the industry better overall? This underscores the need for MLS s to focus on their core mission: empowering agents and brokers to succeed. today well ahead of the 25.6

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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. Home sales are expected to rise, as homebuyers will have more options to choose from. Existing-home sales will end 2024 at 4.6 for much of the year before reaching 6.2%

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Housing Wire

MAY 6, 2025

In the 1960s, brokers created the first MLS in booklet form to create a true marketplace of the inventory that was for sale. MLS visibility still required Sellers who choose delayed marketing will be able to have their listing entered in the MLS and displayed to MLS participants, as well as shared through websites, social media, etc.,

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Housing Wire

MAY 1, 2025

Willoughby said his team only considers off-market sales under specific and rare conditions such as when a property needs significant repairs or the seller has privacy concerns but hes wary of agents using the method to drive dual agency transactions or cultivate exclusive buyer lists. Thats why the MLS was created in the first place.

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Housing Wire

APRIL 8, 2025

After Jensen took over as CEO in 2015 , MRED created an internal MLS private listing network after survey feedback from subscribers found that many were frustrated by the number of pocket listings and sales occurring.

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Housing Wire

JUNE 16, 2025

Reffkin followed up last week’s LinkedIn post claiming that Zillow no longer displays all MLS listings to prospective homebuyers, with two more posts. Now, Zillow research claims homeowners lose money if they don’t use the MLS,” Reffkin wrote. “Now, When Zillow was making money buying homes off the MLS, it supported off-MLS sales.

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Housing Wire

JUNE 9, 2025

Mauricio Umansky , the CEO of The Agency , who does not support CCP, agreed with Wilcox that in most situations, sellers get the most benefit from listing on the MLS. The easiest path to selling a property is to put it on the MLS and broadcast it on all the portals.

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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

APRIL 4, 2025

Office exclusives are becoming an increasingly significant segment of the Bright MLS marketplace, according to a recent Bright MLS study examining their impact on the broader housing market. Office exclusives take longer to sell and offer no price advantages over immediately promoting a home through the MLS, it said.

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Housing Wire

MAY 30, 2024

Pending home sales sales dropped 7.7% The NAR’s Pending Home Sales Index declined to 72.3 New-home sales , which are also based on contract signings, fell 4.7% Existing-home sales also declined last month to a seasonally adjusted annual rate of 4.14 Year over year, pending transactions fell 7.4%. All four U.S.

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Housing Wire

FEBRUARY 12, 2025

In some states, the door has been open for many years to real estate agents who want to access their local MLS without being a Realtor. In late 2024 , PAR announced it would be allowing non-Realtors to access the MLS it co-owns with Arizona Regional MLS (ARMLS) starting Jan.

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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. The Denver Metro Association of Realtors (DMAR) and South Metro Denver Realtors Association (SMDRA) were the majority shareholders prior to the sale to Burks and MAZL. This is not an MLS.

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Purchase and sale agreement Sales MLS Agents 449

Housing Wire

APRIL 14, 2025

According to a statement from Redfin CEO Glenn Kelman on Monday, Redfin.com will not publish any listings that have been publicly marketed before being shared with all real estate websites via the MLS. Kelman said Redfin is doing this because it believes that all buyers should be able to see all listings.

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Housing Wire

MARCH 3, 2025

And while most of the talking points espoused on both sides of the debate remain fairly consistent, those who are in favor of the policy have recently started to claim that an agent who doesnt list their sellers properties on the MLS may be exposing themselves to legal liability. Jerrold Bregman, a partner at BG Law , shares a similar view.

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Housing Wire

MAY 14, 2025

However, Compass itself acknowledges in their disclosure that limiting exposure by not listing on the MLS can reduce the number of showings, offers, and the final sale price. Many also point to the fact that private listings essentially lock out lower-income buyers who rely on open MLS access. The result?

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Housing Wire

JANUARY 14, 2025

TAN filed the lawsuit in May of 2020, claiming that the purpose of the suit was to stop NAR and its affiliates from conspiring to shut down competition, disrupt the relationship between real estate agents and their clients, and take away a familys freedom to choose how to market their home for sale.

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