Zillow and Compass endured a 4-day hearing this week over the portal's listing access standards. A judge will now decide if the portal can enforce the standards while Compass's lawsuit continues
Opinion
In the current market, the way listings reach consumers matters more than ever, Amit Kulkarni writes. Buyers need greater visibility, but the industry is shifting toward less of it
In what it called ‘a warning sign for the nation,’ Zillow said its researchers found that homes for sale in MRED’s Private Listing Network are more likely to be in majority-white neighborhoods
Zillow acknowledged last week that it wasn’t enforcing its private listings rule in Chicagoland, opening the question of where else the standards might not be in effect
Zillow delayed the rollout of its ban on publicly marketed private listings in the nation’s 3rd largest market, but the portal appears ready to crack down on the widely used Private Listing Network
In a new brief filed as part of the case against Zillow, Compass criticized the portal's alleged powers of 'intimidation' and claimed it was trying to serve as a regulatory agency
How can a boutique brokerage avoid being eclipsed by an industry behemoth? Dezireh Eyn suggests leaning into transparency as a differentiator
Opinion
Not all trends are worth following, the Brown Harris Stevens CEO writes. The pet rock had its moment, but private listing networks create a conflict between fiduciary duty and financial gain
The Compass name has largely overtaken Latter & Blum branding, but otherwise, the brokerage is still very much in the midst of a smooth transition to Compass's systems, agents said
In case you were head down in the Compass merger news last week, we've put together a roundup of the market stats and how-tos you may have missed
Some agents were shocked, but those working inside Compass generally agreed that the deal gives the combined firms increased bargaining power
Compass has long had a contentious relationship with the National Association of Realtors. Real estate veterans speculated Monday that NAR could thus suffer as Compass grows
The upstart Compass had already grown to the top residential brokerage by sales volume. Now, it's moving to acquire its chief rival
The NAR alternative also announced that Douglas Elliman CEO Michael Liebowitz has joined its management board, and that the association is adopting the acronym 'ARA'
The trade association essentially denied all allegations that The PLS made against it, saying that Clear Cooperation and NAR policies are 'lawful, justified, procompetitive [and] pro-consumer'