The nation's largest MLS removed compensation fields from its platforms on Aug. 13, after offering detailed guidance to agents on the terms of NAR's proposed settlement
Hawkins had been working as the CEO of the Pacific West Association of Realtors in Southern California and will now lead CAR during a challenging time for the industry
California Regional MLS will continue to allow agents to indicate whether sellers will consider concessions but will no longer have the option to specify a dollar amount or percentage
In response to NAR's proposed settlement, the nation's 2nd largest MLS will add data fields on June 11 allowing sellers to signal they're willing to offer buyer concessions when they list a home
At Inman Connect, Ed Zorn proposed mandating buyer representation agreements, killing the MLS compensation field, adding a concession field, and creating a fund to pay out settlements
CRMLS, Bright MLS and MRED told the US District Court of the Central District of California's Western Division they had reached a deal 'in principle' with ThePLS.com
Homesellers allege 36 Realtor association, brokerage, and multiple listing service defendants conspired to inflate buyer broker commissions in violation of state and federal antitrust laws
REdistribute aims to aggregate and distribute data for MLSs and participating brokers, sell it to institutions — including government-sponsored entities — and share the revenue with brokers
California Regional MLS teams up with investee Styldod to improve handling of listing photos and rule violations and to someday provide revenue back to agents and the MLS for their data
The Southland Regional Association of Realtors, which boasts nearly 11,000 members in the San Fernando and Santa Clarita valleys, will link up with California Regional MLS beginning May 1
Turner is a former entrepreneur in residence for NAR venture capital arm Second Century Ventures and a co-founder of Realtor association management platform Tangilla
In addition to a venture investment, REcolorado will launch the MLS platform to its more than 27,000 subscribers sometime in 2023
At the Council of Multiple Listing Services' annual conference, CEOs discussed being ready for the possible death of the commission structure and why MLSs should be run as businesses
An appeals court allowed The PLS's case against the Clear Cooperation Policy to proceed in April, but NAR hopes a review from the nation's highest court will change that
REdistribute, a joint venture formed by California Regional MLS and Bright MLS, plans to deliver aggregated MLS data to financial institutions starting in 2023