In a phone interview, lead plaintiffs' counsel Michael Ketchmark weighed in on the consequences of violating the NAR settlement, Zillow's business model, and the 'monster case' that remains
The new rules are the result of the National Association of Realtors' major antitrust settlement. They're poised to change how agents are paid and how real estate consumers search for homes
Beginning Saturday, new rules around commissions take effect, paving the way for the biggest shift in real estate in at least a generation. It's a brave new world, and it begins this weekend
The plaintiffs protest 'compulsory' Realtor membership to access the MLS after the removal of 'the guaranteed broker commission' from the MLS
Last week, the brightest minds in real estate converged at Inman Connect to set agents, brokers and MLS members straight on the finer points of the new rules taking effect in less than 2 weeks
Robert Reffkin said clear cooperation forces homeowners into a system that attaches 'negative insights' to listings, and predicted the polarizing anti-pocket listing rule is ultimately doomed
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
Ohio-based software company MRI Software is making a bid for the MLS just days before it could be sold to another buyer
A much-discussed listing agreement update reflects upcoming NAR rules, but it doesn't bar sellers from offering compensation to buyers' agents
North Carolina Regional MLS's subscriber count is now more than 19K after adding Savannah MLS, Classic MLS and Realtors of Greater Augusta as owners, executives told Inman
The California Association of Realtors says even though offers of compensation among brokers remain legal, members and their clients should not rely on 'historically common practices'
DirectOffer provides the industry with a valuable and long-neglected resource by which to empower visually- and hearing-impaired homebuyers
The thing holding many local MLSs in place is a desire for power and control rather than seeking the best for real estate agents and brokers, writes Mainframe Real Estate founder Sean Frank
The owners of the 16th largest MLS in the country plan to sell to a title company executive. Now, an agent and local leader has received a cease and desist letter over her criticisms of the deal
The MLS is separating from ties with Realtor organizations by selling to a newly formed private company. Broker Larry D. McGee will serve as interim CEO during the transition