The new antitrust lawsuit, filed Friday in California, also names the National Association of Realtors, Realogy, Keller Williams, RE/MAX and several other companies as defendants
The platform, called Local Showings, will integrate with brokerage and MLS technology. The company also says it is seeing significant interest in the platform
One agent told the discount brokerage: 'I won't bother to show [the listing]. Who's your local agent though because I'll make sure to tell people not to work with them'
Trade group's president accuses commission detractors of duplicity 'for a payout' under the guise of protecting consumers
Opinion
In the real estate industry, antitrust lawsuits have become more prevalent in the past few years, but perhaps it's time for litigious parties to take a step back and refocus their energies on sellers and buyers, instead of competitors
The 'Bright T3 Home Demand Index,' created in partnership with T3 Sixty, is designed to give Bright MLS subscribers a sense of how the market is doing in real time
Opinion
It's up to us as a profession to uphold high standards and accept nothing less than the behavior reflected in the NAR's Code of Ethics
Real estate commissions are inflated by as much as $50B per year due to the lack of price competition created by having listing brokers set co-op fees for buyer brokers, according to the report in the Berkeley Business Law Journal
Trade group's professional standards committee will vote on case interpretations in May to help evaluate complaints
REX alleges Zillow shift to IDX feed is 'driving consumers away from REX'
Opinion
It's not just that the MLS is doing business with one of its customers but also the vendor-customer is now providing core services to its competitors — other MLS customers
The former private listing network for agents seeks to overturn a ruling that threw out its lawsuit alleging the National Association of Realtors' Clear Cooperation Policy harms competition
Opinion
Although some associations attempt to advocate marginalized voices, the stated intent is often far from the actual impact. Speaking up to seek accountability for authentic justice, equity, diversity and inclusion is what this moment requires from us all
The average buyer broker commission rate iBuyers paid when they resold a home fell to 2.5% in 2020 from 2.8% in 2019, according to a new analysis by Redfin
Sacramento-based MetroList adds four counties to its footprint and members of the Sutter Yuba Association of Realtors MLS gain more exposure to list and sell homes in the region
The showing management space have never been more crowded. That's a boon to agents — as long as they can wade through their many options