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.

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Dive into the latest Technology affecting RE, July 17, 2018

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…