Compass CEO Reffkin continues anti-Zillow social media blitz
Compass CEO Robert Reffkin has taken to Instagram and LinkedIn to further criticize Zillow's listing ban, saying the portal has leveraged off-market business tactics to bolster past ventures
by Marian McPherson Jun 13
NAR logo with puzzle pieces symbolizes NAR overturns no-commingling rule
The committee opted to rescind the controversial 'no-commingling' policy on Wednesday, 1 day after NAR's Multiple Listing Issues and Policies Committee voted to scrap it amid DOJ scrutiny
by Jim Dalrymple II Jun 5
Reffkin rails against 'organized real estate' at annual Compass retreat
The CEO rallied the firm's agents and staff against Compass naysayers, discussed short-term goals of seller choice and agent listing attribution, and unveiled the latest rendition of Compass AI
NAR may rescind 'no-commingling' rule this week amid DOJ scrutiny
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
Zillow provides clarity on private listings rule — and when it rolls out
Zillow will send warnings about non-compliant listings beginning May 28 but enforcement won't start until June 30. Agents will receive 2 warnings before their 3rd non-compliant listing is blocked
by Lillian Dickerson May 20
Ryan Serhant likens Compass to Barnes & Noble, citing listing book
The SERHANT. CEO jabbed at Compass' launch this month of physical books of the brokerage's exclusive listings in offices nationwide, likening it to old-school bookstores like Barnes & Noble
by Lillian Dickerson May 12
Compass sues Northwest MLS, pulling Windermere along for a ride
The suit claims the multiple listing service is a 'monopolist' with 'no meaningful competitors' and that, as a broker-owned MLS, its Seattle area owners have an interest in limiting competition
Sale notices go out to Remine's creditors, MLSs
Any responses or objections to the $1.5M deal must be filed with Delaware's Chancery Court on or before May 1
by Andrea V. Brambila Apr 22
Private listings negatively impact both buyers and sellers: Watchdog
Opinion
Stephen Brobeck, senior fellow at the Consumer Policy Center, examines competing interests and competing policies to determine which will benefit consumers
by Stephen Brobeck Apr 21
Place buys Remine at auction for $1.5M in cash
The purchase price is a fraction of what Austin Board of Realtors’ Unlock MLS, First MLS, Miami Realtors’ MLS and Heartland MLS paid to buy the company 3.5 years ago
by Andrea V. Brambila Apr 17
EXp rolls out advisory forms for sellers considering a private listing
The form warns homesellers that selling a property privately without listing it on the MLS may have negative financial impacts but recognizes sellers hold the 'final choice' in how to market
by Lillian Dickerson Apr 16
Dwiggins: Latest changes to CCP are 'exclusionary and predatory'
Opinion
NextHome CEO James Dwiggins looks at the latest changes to Clear Cooperation and offers predictions for how they'll impact the wider real estate market
by James Dwiggins Apr 3
Don’t break up the marketplace, just fix it: Glenn Kelman
Opinion
Rather than intentionally fragmenting the marketplace, the Redfin CEO writes, all listings should show in one place, with the seller allowing different levels of disclosure on each listing
by Glenn Kelman Mar 25
Compass, Windermere duke it out on Instagram over CCP
Compass CEO Robert Reffkin also criticized Northwest MLS, describing its rules as uniquely restrictive. But Windermere fired back at what it criticized as 'hoarding inventory'
by Jim Dalrymple II Mar 25
Mega MLSs are attempting to sell Remine — either whole or in parts
The joint venture formed by Austin Board of Realtors’ Unlock MLS, First MLS, Miami Realtors’ MLS and Heartland MLS has hired a firm to liquidate Remine's assets, a review of legal filings show
by Andrea V. Brambila Mar 24