Redfin clashes with think tank on MLS antitrust

CEO of high-tech brokerage says open access to listings would be a 'tragedy of the commons'
  • Redfin disagrees with a recent think tank study advocating for open real estate listings.
  • Without incentives to participate in MLS, some brokers would stop contributing listings, resulting in a less competitive market, Redfin argues.

What would happen if the government mandated that real estate brokers make all their listings accessible publicly to everyone online, free-of-charge? It would result in “a tragedy of the commons,” argues Redfin…