Real estate brokerage giant says 'many listing search websites misdirect consumers by obfuscating display of a property’s listing firm'
California Regional MLS, which boasts more than 108,000 subscribers, has instituted changes on how listing agents and brokers appear on online listing pages
The project comes about 4 months after Zillow announced its acquisition of ShowingTime, turning showing technology into one of the hottest topics in real estate
The High Desert Association of Realtors will no longer operate its own MLS and its 1,700 members are now CRMLS subscribers
The Department of Justice and The PLS argue that lower court should have considered Clear Cooperation Policy's impact on brokers who directly purchase access to listing services, not on buyers and sellers
'Vast majority' of Clear Cooperation Policy complaints turn out not to be in violation
CRMLS created the change to 'ensure that the information in the MLS is as accurate as possible as soon as feasible,' CRMLS CEO Art Carter told Inman
Listing brokers and agents will not be able to opt out of having the compensation they're offering made public, according to the California Regional MLS
Judge says ThePLS.com failed to plausibly allege the National Association of Realtors' Clear Cooperation Policy harms competition and consumers. To the contrary, the policy has 'some plainly pro-competitive aspects'
The PLS wants info on Upstream, the DANGER Report, the Clear Cooperation Policy and antitrust inquiries from the DOJ or FTC. Realtors say producing these documents would impose 'substantial burdens' on them
The trade groups allege that it is Pocket Listing Services' business model that is anticompetitive and harms homebuyers and sellers
Suit alleges Clear Cooperation Policy is part of a plan to eliminate PLS as a 'competitive threat.' Trade groups say policy is 'not discriminatory' and promotes competition
Several MLSs are adding a 'Coming Soon' status for the first time as part of the rollout, while others are instituting weighty fines immediately
California Regional MLS and MLSListings weigh seller fears and data accuracy
Canceling open houses, making showings voluntary and offering online training are some of the steps MLSs are taking. More drastic steps may be on the horizon