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Real estate battle in Chicago intensifies

MLS cracks down on wayward brokers

The Multiple Listing Service of Northern Illinois leveled its latest punch in the duke out with real estate brokers in the Chicago area. MLSNI will enforce an all-in or all-out policy regarding brokerage firms' participation in the MLS after three large Chicago-area realty brokerages pulled listings from certain offices, Inman News has learned. The MLSNI board of directors this week approved a motion to require that if a brokerage firm participates in the service, all of its offices within the market area must participate. The decision prohibits member brokers from putting listings from some offices, but not others in the MLS database. MLSNI is one of the largest association-owned MLSs in the country with about 39,000 members in more than 6,900 realty offices. Coldwell Banker was the first Chicago-area brokerage to begin pulling listings from certain offices out of MLSNI. The brokerage in March pulled all of its for-sale listings from 10 of its offices in Chicagoland's North Shor...

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