RIS Media

OCTOBER 9, 2023

In the dynamic world of real estate, the increase of “secret listings” has raised eyebrows recently. Pocket listings, or SBIs refer to properties… The post Op-Ed: Sold Before Input – The Controversy of Pocket Listings and Internal Office Listings appeared first on RISMedia.

Industrial 116

Industrial Agents 116

The Close

APRIL 15, 2024

Ready to dive into the secret world of pocket listings? In this comprehensive guide, I’ll explore the ins and outs of this listing type, from what they are and how they work to the pros, cons, and legal considerations. Plus, I’ll share some marketing tips to help you master the art of the pocket listing.

MLS 73

MLS Purchase and sale agreement Brokerage Agents 73

Maximum Exposure Real Estate

SEPTEMBER 18, 2021

What is a Pocket Listing in Real Estate One of the questions I get asked from time to time is what is a pocket listing. Clients and customers hear the term pockets listings and wonder what the heck it means. An in-house home sale – where the listing agent sells a home to a buyer […].

Agents 134

Agents Sales Marketing 134

Inman

MARCH 14, 2023

In an amicus brief filed Monday the antitrust enforcer argues that a lower court incorrectly tossed a case filed by Top Agent Network over the National Association of Realtors' pocket listing policy.

Agents 130

Agents MLS 130

Real Estate News

DECEMBER 21, 2023

Following a review, Top Agent Network's lawsuit challenging NAR's Clear Cooperation policy — which had been dismissed in 2021 — will be able to proceed.

Agents 217

Agents 217

Realty Biz

JANUARY 29, 2023

One such term could be a "pocket listing." When hearing this for the first time, it is not uncommon for consumers to ask what is a pocket listing in real estate and how they work. Unfortunately, a pocket listing does not accomplish maximum exposure. What is a Pocket Listing? Quite the opposite.

Purchase and sale agreement 114

Purchase and sale agreement MLS Sales Agents 114

Real Estate News

APRIL 12, 2024

Top Agent Network is asking for an October 2025 trial date in the dispute over the National Association of Realtors’ Clear Cooperation policy.

Agents 206

Agents 206

Agent Fire

OCTOBER 2, 2023

Marketing pocket listings provide a unique challenge: let the right audience know about your listing without making too much noise in the industry. We'll touch on what pocket listings are and how you can market them efficiently and quietly.

Marketing 71

Marketing Industrial 71

Maximum Exposure Real Estate

JANUARY 28, 2023

What is a Pocket Listing in Real Estate Are you wondering what a pocket listing is and how they work? Pocket listings are properties sold “off market” or marketed to potential buyers privately instead of utilizing the multiple listing service (MLS).

MLS 98

MLS Agents Marketing 98

Inman

JANUARY 30, 2024

NAR was dismissed without paying any money or making any rule changes, but The PLS says it can re-open the case if they don't come to a deal.

MLS 166

MLS 166

Real Estate News

SEPTEMBER 1, 2023

A case filed by the Top Agent Network targeting NAR's Clear Cooperation policy was reinstated after previously being dismissed in 2021.

Agents 294

Agents 294

Real Trends

APRIL 27, 2022

The fight to undo the National Association of Realtors’ pocket listings ban is back after a federal appeals court’s forceful ruling Tuesday. The policy states that real estate agents who are NAR members must publicize their listing in their designated Multiple Listings Service, or face penalties handed out by said MLS.

MLS 98

MLS Title Agents Brokerage 98

Real Trends

JANUARY 11, 2023

The National Association of Realtors’ antitrust lawsuit over its pocket listing policy will have to continue on its current path. This policy requires listing brokers to submit a listing to their MLS within one business day of marketing a property to the public. District Court in the Central District of California.

MLS 95

MLS Brokerage Agents As-is 95

Inman

JANUARY 25, 2024

CRMLS, Bright MLS and MRED told the U.S. District Court of the Central District of California's Western Division they had reached a deal "in principle" with ThePLS.com.

MLS 147

MLS 147

Notorious ROB

FEBRUARY 7, 2022

The post Auctions and Pocket Listings appeared first on NotoriousROB. Please login or sign up. Monthly Subscription. $ Subscribe Now. Annual Subscription. $ $ 200. Annually (Save $40). Subscribe Now.

MLS 71

MLS Agents 71

Inman

JUNE 7, 2023

Department of Justice wants "to resume its consequential investigation of conduct that affects over $100 billion in broker fees paid by Americans annually," according to an appeal.

MLS 142

MLS Agents 142

Real Trends

SEPTEMBER 30, 2022

Supreme Court to overturn a lower court’s ruling on the trade group’s pocket listing ban. The April ruling overturned a lower court’s decision to throw out a case filed by former pocket listing service The PLS , now known as The NLS (it is still referred to as “The PLS” in legal filings), allowing the case to proceed.

MLS 71

MLS Brokerage As-is Marketing 71

BubbleInfo

MAY 28, 2021

The Journal touched on pocket listings yesterday – excerpts: Real-estate agents are selling more homes to select customers while bypassing the public market, a move that squeezes supply tighter for many buyers when inventory is already near record lows.

Agents 59

Agents Sales Marketing 59

Inman

AUGUST 29, 2023

Top Agent Network's case against the National Association of Realtors' Clear Cooperation Policy will move forward after the Ninth Circuit court ruled to overturn a lower court ruling on Monday.

Agents 134

Agents MLS Brokerage 134

Inman

JANUARY 10, 2023

The nation's highest court will not be weighing in on whether the real estate trade group's Clear Cooperation Policy violates antitrust laws. The case proceeds in a lower court.

MLS 144

MLS 144

Notorious ROB

MARCH 21, 2022

From The Real Deal : In 2020, the Zillow-owned platform had told agents to post their sales listings on its site within 24 hours of advertising them elsewhere or they could lose professional access to the site. The new policy bans the offending listings, not the agents, meaning they can still post other properties on StreetEasy.

MLS 52

MLS Agents Residential As-is 52

Inman

MARCH 28, 2023

The antitrust enforcer wants a higher court to overturn a ruling that limits its investigation into the Realtor trade group's Participation Rule and Clear Cooperation Policy.

MLS 134

MLS 134

Real Trends

DECEMBER 12, 2022

In the latest installment of the National Association of Realtors’ antitrust lawsuit woes, former pocket listing service The PLS has asked the U.S. Supreme court to reject NAR’s request to overturn a lower court’s ruling on the trade group’s pocket listing ban.

MLS 56

MLS Agents Commercial Brokerage 56

Inman

AUGUST 7, 2023

Joe Rath is Redfin's senior director of brokerage operations and head of industry relations. He shared thoughts on Clear Cooperation ahead of his appearance at Inman Connect Las Vegas.

Brokerage 132

Brokerage Industrial MLS 132

Inman

JANUARY 24, 2023

Top Agent Network's appeal alleges the Clear Cooperation Policy's goal is to safeguard NAR's business model, which relies on dues revenue from nearly 1.6 million agents and brokers.

Agents 137

Agents MLS Brokerage 137

Inman

JUNE 30, 2023

The antitrust enforcer will get 5 minutes at oral arguments in Top Agent Network's appeal to overturn a lower court ruling tossing its case against NAR's Clear Cooperation Policy.

Agents 126

Agents MLS Brokerage 126

The American Genius for Real Estate

OCTOBER 27, 2020

(REAL ESTATE BROKERAGE) Despite NAR’s attempts to shut the door on pocket listings, the reality is that premarket sales are almost a necessity for buyers in hot markets. The post Pocket listings: The key to success in hot housing market? appeared first on The American Genius Real Estate.

Marketing 69

Marketing Brokerage Sales 69

Inman

FEBRUARY 1, 2023

Agents and brokers who spoke to Inman following the ruling in favor of NAR disagreed on who is "overreaching" in the case and on whether changes to the controversial rules are necessary.

Agents 138

Agents MLS Brokerage 138

Housing Wire

MAY 20, 2024

Similarly, the seller agreement would state the services provided by the listing broker, their compensation and whether the listing broker is authorized to offer compensation to buyer brokers or advertise seller concessions to buyers. In a seller’s market, that may well occur.

Purchase and sale agreement 321

Purchase and sale agreement Agents Seller concession Closing costs 321

Housing Wire

FEBRUARY 16, 2024

Currently, in order to list a property, the listing broker must make an offer of at least one cent, but under the settlement, MLS PIN would drop that to zero dollars. Currently, in order to list a property, the listing broker must make an offer of at least one cent, but under the settlement, MLS PIN would drop that to zero dollars.

MLS 424

MLS Lending Closing costs Agents 424

Housing Wire

MARCH 15, 2024

At this early stage, it’s unclear how such commissions would be paid since buyers could pay their agents out of their pockets or negotiate commissions as a seller concession in the closing costs. Thus, LOs will have to find ways to connect to listing agents or directly with buyers, who will need more guidance during the home-buying process.

Industrial 498

Industrial Seller concession Purchase and sale agreement Agents 498

Housing Wire

NOVEMBER 27, 2023

The new complaint greatly expands that list, adding Gary Keller’s son John Keller, as well as 72Sold , Johnathan Dupree, Marc King, Jason Abrams, Matt Green William Soteroff, KWx , Livian and KW Southwest Region as defendants. and Business MAPS Management LLC as defendants.

Technology 483

Technology Agents As-is Marketing 483

Inman

MARCH 2, 2023

Under the Clear Cooperation Policy, a listing can be “withheld” from the MLS and become an “office-exclusive” listing. Broker Teresa Boardman questions the wisdom of this exception.

MLS 94

MLS Branding Brokerage Agents 94

Inman

DECEMBER 5, 2023

circuit seemed inclined to let the agency resume its probe into the National Association of Realtors' cooperative compensation and pocket listing rules. A three-judge panel for the Washington, D.C.,

MLS 169

MLS 169

Housing Wire

APRIL 11, 2024

Historically, commissions in real estate transactions have been negotiable, with the customary practice involving the home seller bearing the expenses for both the listing agent and the buyer’s agent. It was sent to 2,995 U.S.

Agents 429

Agents MLS Industrial As-is 429

Housing Wire

MARCH 25, 2024

NAR’s settlement, which could go into effect as early as July, will eliminate the long-standing “Participation Rule” that requires listing agents to make an offer of cooperative compensation to buyers’ agents. Under the current system, the buyer agent’s commission is baked into the price paid for a home.

Agents 433

Agents VA loan Loans Mortgages 433

Housing Wire

MAY 7, 2024

Redfin showcased pockets of growth in the first quarter of 2024 despite challenging housing market conditions. Our plan to build a larger marketplace, based on rental and for-sale listings, is paying off. The brokerage posted revenue of $225.5 million, an increase of 5% compared to the first quarter of 2023.

Marketing 382

Marketing Brokerage Agents Sales 382