The trade organization's MLS committee on Tuesday approved the elimination of the controversial policy at a meeting closed to the media. Its Executive Committee will take a final vote Wednesday
At NAR's midyear conference, Kevin Sears told brokers he was 'cautiously optimistic' about improving the trade group's relationship with the antitrust enforcer
Opinion
Think these real estate industry mainstays are doing what's best for members and real estate pros? Think again, authors and agents Hans and Steve Wydler write
Kelly is diving into his role as HomeServices' CEO at a challenging time, but he told Inman he's ready to get to work. He dished on private listings, Zillow and those Compass acquisition rumors
California Regional MLS said in a statement that the new Multiple Listing Options for Sellers policy, which NAR states is mandatory, was created to 'placate' complaining brokerages
Zillow's move to prohibit certain listings from its portal 'signals a major tech platform is willing to challenge the old brokerage cartel,' according to Consumer Advocates in American Real Estate
US District Judge Patti Saris asked the DOJ Antitrust Division for evidence that offers of compensation in the MLS are anticompetitive and harm consumers
Berkeley passed a local law against rental algorithms last month. RealPage says the rule is unconstitutional and the result of 'an intentional campaign of misinformation'
While some MLS executives praised the 'flexibility' offered by the delayed marketing category that will accompany NAR's Clear Cooperation Policy, its potential repercussions are still unclear
Plaintiffs and defendant MLS Property Information Network agree that approximately 75% of sellers are opting out of offering compensation to buyer agents in the multiple listing service
Sellers who privately listed their home lost an average of $4,975, according to an analysis by Zillow of 2.72M deals since 2023. The gap is wider for sellers of color, underscoring the benefits of CCP
Compass CEO Robert Reffkin argued against Clear Cooperation Wednesday during an Inman on Tour session in Nashville while warning that 'data is the new oil' amid predictions of a national MLS
Opinion
Compass CEO Robert Reffkin lays out 10 questions his agents are asking in the wake of NAR's commission settlement in his latest argument in favor of consumer choice and against CCP
First Team CEO Michele Harrington's company just settled a commission suit. But while speaking to Inman, she was critical of the way the suits, and NAR's involvement, have played out
Attorney Alice A. Wang of the DOJ's Antitrust Division will appear at oral arguments in the US Court of Appeals for the Ninth Circuit on Feb. 13