Umansky's PLS alleges NAR controls competition in the residential real estate industry by controlling a large network of MLSs in the country
Amid private listing debates and portal wars, agents should be asking one question: How does my business benefit from the outcome?
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
Howard Hanna's CEO Howard 'Hoby' Hanna envisions offering 'a deeper level of retail experience' after the NAR rule change, but chafes at the trade group 'telling us how to operate our business'
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
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
You weighed in with insights, questions and frustrations as we navigate the whirlwind of opinions around seller choice, private listings and portal response
The new policy, which eXp Realty became the first brokerage to commit to, takes effect in May and comes after a decision by NAR to amend its Clear Cooperation Policy, executives said Thursday
As the debate over Clear Cooperation has hit a peak, the new study suggests seller flexibility may not mean much when it comes to looking at hard numbers from MLS transactions in the last year
Some respondents to Inman's Pulse survey seemed furious, while others were pleased, especially at the fact that CCP had been preserved. Still, multiple respondents simply expressed confusion
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
After months of debate, NAR announced Tuesday it will keep its policy requiring properties to be listed on an MLS within 1 day of marketing while adding new 'delayed marketing exempt listings'
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
As NAR prepares to announce its pocket listing rule decision 'in the coming weeks,' attorney Michael Ketchmark said he'll consider legal action against brokers who vote to maintain the rule