Inman unveils inaugural 2023 Power Players awards
With its inaugural Power Players list, Inman recognized more than 120 industry leaders for their influence and ingenuity as it kicks off a year of expanded awards
by Inman Jan 12
US Supreme Court denies NAR petition in pocket listing case
The nation's highest court will not be weighing in on whether the real estate trade group's Clear Cooperation Policy violates antitrust laws. The case proceeds in a lower court
by Andrea V. Brambila Jan 10
Nation's largest MLS will get even bigger this year
The Southland Regional Association of Realtors, which boasts nearly 11,000 members in the San Fernando and Santa Clarita valleys, will link up with California Regional MLS beginning May 1
Supra revamps website to 'reflect the brand's growing digital services'
The new website intends to 'make it easier than ever for customers to find what they need and experience the benefits our solutions offer,' the company said in a statement.
by Craig C. Rowe Dec 22
Proptech in 2022: Zillow rebounds, iBuyers stumble and MLSs grow up
Zillow bounced back after folding its iBuyer in 2021, multiple listing services finally caught up, enterprise solutions arrived and other signs property technology approached maturity in 2022
by Craig C. Rowe Dec 21
Outdated MLS policy hides thousands of homes for sale
Opinion
Where MLSs ban commingling, brokerage websites either can’t display non-MLS listings or must hide this inventory behind filters and log-in walls
by Joe Rath Dec 19
Two wolves fighting
The Sitzer/Burnett trial has been delayed until after a higher court rules on an appeal from HomeServices of America
by Andrea V. Brambila Dec 16
Top lenders
Turner is a former entrepreneur in residence for NAR venture capital arm Second Century Ventures and a co-founder of Realtor association management platform Tangilla
by Andrea V. Brambila Dec 14
The PLS to Supreme Court: Deny NAR petition in pocket listing suit
In a new brief, the former pocket listing service argues NAR limited competition to its Realtor-affiliated MLSs 'by conspiring to destroy the livelihood of any dissenting real estate agent'
by Andrea V. Brambila Dec 12
Bright becomes first multiple listing service to hire a chief data officer
Thomas Morgan's appointment aims to 'redefine what it means to be an MLS' and falls in line with other high-profile hires this year that are also at least somewhat unusual for an MLS
Remine CEO Frederick Townes resigns after 7 months
Frederick Townes, formerly chief product officer for Ready Education, joined Remine in April and came to the company following struggles over a string of controversies and public stumbles
by Jim Dalrymple II Nov 23
NAR shuts down bid to end no-commingling rule, Zillow reveals
Zillow Senior Director of Broker Operations Matt Hendricks said the portal petitioned NAR to stop allowing MLSs to ban brokers from displaying MLS listings with non-MLS listings online
by Andrea V. Brambila Nov 23
Ocusell launches with goal to heal MLS, tech vendor relationships
Software intends to reduce the long burdensome and unpredictable business rules and dated, stringent input regulations required by most MLSs for brokers to interact with them
by Craig C. Rowe Nov 22
NAR passes proposals to encourage MLS data sharing statewide
Aiming to compete with search portals, NAR will create a toolkit with resources, best practices and case studies that MLSs will be able to use if they choose to share listing data within a state
by Andrea V. Brambila Nov 18
How to create compelling email messaging that recruits every time
Ready to hook new recruits with a snappy email? Try these tips to show potential candidates that your team has the support they need to thrive in any market
by Diana Zaya Nov 17
NAR incentives plan for MLSs, local Realtors goes back to drawing board
On Monday, the National Association of Realtors' board approved every proposal except one that would have created a program to incentivize local associations and Realtor-affiliated MLSs
by Andrea V. Brambila Nov 14
What to watch for at NAR's annual conference this week
NAR NXT in Orlando will feature sessions on fair housing, politics, market forecasts, MLS data-sharing and a proposed update to the Realtor Code of Ethics, among other topics
Plunk to provide mobile valuation smarts to California-based The MLS
Real estate software company Plunk is partnering with The MLS/CLAW, a large multiple listing service in southern California, to provide its flagship home value analytics solution to members
by Craig C. Rowe Oct 28
Judge orders Zillow to give REX FSBO listing data
Federal court in Seattle grants discount brokerage's motion to compel on the grounds that the data could show whether Zillow and NAR caused harm to REX or to competition in general
by Andrea V. Brambila Oct 20
Perchwell gets another MLS investor, customer
In addition to a venture investment, REcolorado will launch the MLS platform to its more than 27,000 subscribers sometime in 2023
by Andrea V. Brambila Oct 17
Seeking clout, MLS trade group taps ex-DOJ and FTC antitrust lawyers
The Council of Multiple Listing Services has hired Alicia Batts and Dylan Carson to help the trade group exert influence over MLS-related decisions at the antitrust enforcement agencies
Court thwarts NAR, orders execs to turn over evidence in REX case
Brokerage argued that Bob Goldberg and Katie Johnson, among others, were responsible for NAR policies 'limiting both how homes are listed online and the negotiation of commissions'
Court orders Anywhere to hand over NAR commission rule documents
Judge M. Page Kelley noted the real estate holding company formerly known as Realogy allegedly perpetuated NAR and MLS PIN's 'substantively identical' buyer broker commission rules
'Don't wait until the plane crashes': Lawyers offer grim antitrust update
Chris Osborn, Mitch Skinner and Claude Szyfer offered an update on multiple industry antitrust lawsuits at the Council of Multiple Listing Services' annual conference
by Andrea V. Brambila Sep 30
What haunts MLS leaders? Politics, commissions and their own demise
At the Council of Multiple Listing Services' annual conference, CEOs discussed being ready for the possible death of the commission structure and why MLSs should be run as businesses
by Andrea V. Brambila Sep 30
A man splitting a log
Denee Evans, Art Carter and Errol Samuelson lay out a vision of the MLS as the ultimate real estate data source at the Council of Multiple Listing Services' annual conference
by Andrea V. Brambila Sep 29
NAR asks US Supreme Court to overturn pocket listing ruling
An appeals court allowed The PLS's case against the Clear Cooperation Policy to proceed in April, but NAR hopes a review from the nation's highest court will change that
by Andrea V. Brambila Sep 29
REX seeks court order for Zillow listing data on FSBOs
Court sets new trial date for June 5, 2023, as the legal battle over the National Association of Realtors' no-commingling rule continues
by Andrea V. Brambila Sep 28
Judge 'baffled' why Anywhere won't give up NAR commission rule docs
Judge M. Page Kelley pushed back against the real estate holding company formerly known as Realogy, noting that NAR's broker commission rule is 'virtually identical' to that of MLS PIN
by Andrea V. Brambila Sep 26
CoStar's Homesnap and Broker Public Portal get a divorce
BPP will pivot to creating a national 'superset' of listing data for MLSs to power their own listing sites and developing a 'Fast Pass' for real estate innovation
by Andrea V. Brambila Sep 26
Next CEO for New York's largest MLS is an insider
Richard Haggerty will be the next CEO of OneKey MLS starting Jan. 1. Haggerty will replace Jim Speer, who is retiring at the end of the year
by Andrea V. Brambila Sep 22
Court orders REX to give Zillow list of employees who kept laptops
Zillow had emphasized that the information contained on the laptops of REX's former employees could potentially point to other reasons for REX's downfall unrelated to Zillow or NAR
by Andrea V. Brambila Sep 21
Anywhere fights sellers' bid to give up docs on NAR commission rule
Federal court will hold oral arguments later this month on whether franchisor's implementation of the policy nationwide is relevant to homesellers' case in the MLS PIN service area
by Andrea V. Brambila Sep 14
NorthstarMLS chooses industry veteran as new CEO
Tim Dain, the former Remine executive, will replace John Mosey who is retiring after 47 years in the real estate industry. Dain's 1st priority is to 'ensure that we maintain a high level of service'
by Andrea V. Brambila Sep 13
An umpire waving a flag
An antitrust case filed by Arizona broker Grady Hillis is now dead. The National Association of Realtors insisted the lawsuit was 'frivolous,' 'meritless' and 'recklessly thrown together'
Zillow to REX: Let's unite against NAR's 'no-commingling rule'
Legal battle of wills rages on as the 3 parties have motions to compel pending before the court. On Tuesday, REX pushed back against Zillow’s motion to compel, calling it a 'fishing expedition'
MLSs on California and Nevada border team up to share tools
Agents who belong to either the Northern Nevada Regional MLS or the South Tahoe Association of Realtors can access both systems through a single-sign-on dashboard
MLS-listed homes sell for more, a new study claims. But there's 1 twist
Critics raise issues over conclusion that listing homes on the MLS is what caused higher sales prices and faster transactions, especially if NAR rules mean MLSs have a thumb on the scale
by Andrea V. Brambila Aug 31
WATCH: A Zillow executive reveals what sparked the ShowingTime buy
York Baur, Sara Bonert and Jason Gesing explain the role of consolidation at Inman Connect Las Vegas, as the industry aims to improve the transaction process
by Marian McPherson Aug 29
Colorado MLS first to rescind controversial listing display rule
After nearly 2 decades, REcolorado has eliminated NAR's optional no-commingling rule, which is the subject of an antitrust lawsuit
by Andrea V. Brambila Aug 25
NCRMLS, BrokerBay look to the future with 3D tour integration
BrokerBay's solution for MLSs allows agents to publish digital twins of their listings within the MLS's home search experience, the 3D content for which is created by Matterport or iGuide
by Craig C. Rowe Aug 25
Zillow seeks court order over REX laptops allegedly kept as 'severance'
On Friday, Zillow filed a motion to compel REX to identify employees who left the discount brokerage with laptops that could hold evidence relevant to an ongoing antitrust lawsuit
by Andrea V. Brambila Aug 25
'Consolidation is a natural maturation of this industry': Baur
Jason Gesing, York Baur, Sara Bonert and Greg Robertson gathered on the Inman Connect stage in Las Vegas to work through their issues with industry consolidation in the technology sector
by Craig C. Rowe Aug 5
Commission study paid for by HomeServices comes under fire
The study argues that decoupling commissions would harm first-time, low-income, and minority buyers, but critics like the Consumer Federation of America say it's based on a faulty premise
by Andrea V. Brambila Jul 27
Northwest MLS eliminates broker commission sharing as default
Effective Oct. 3, NWMLS's forms will specify that buyer broker compensation will come directly from sellers and offer new options for how listing agents and buyer agents will be paid
by Andrea V. Brambila Jul 22
North Carolina Regional MLS now covers 51% of the state
A wholesale cooperative model has spurred NCRMLS to rapid growth, serving 449 cities and towns in 49 counties by adding the MLS of Roanoke Valley Lake Gaston Board of Realtors
by Andrea V. Brambila Jul 14
New MLS company will sell data, pay brokers for their listings
REdistribute, a joint venture formed by California Regional MLS and Bright MLS, plans to deliver aggregated MLS data to financial institutions starting in 2023
by Andrea V. Brambila Jul 14
An open letter to MLSs and their member brokerages
Opinion
Bright and CRMLS are working together to create a new, jointly formed company that will work with MLSs to deliver the value of their brokers’ data back to those value creators
by Brian Donnellan AND Art Carter Jul 14
More than 700 agent steering calls suggest price-fixing, lawyers charge
In new court filings in the Moehrl case, lawyers singled out hundreds of phone calls — far more than previously reported — in which agents steered business away from discount brokerage REX
4 commission charts that explain both sides of the Moehrl conflict
The homeseller plaintiffs hope to show the need for change in how agents are paid, while NAR and major real estate franchisors aim to show the status quo is working just fine
It's baaack! Homebuyer commission suit against NAR rises from ashes
On Wednesday, 8 homebuyers filed an amended complaint, once thought to be dead, against NAR, Realogy, Keller Williams and others alleging NAR rules have inflated agent commissions
'Longstanding conspiracy': Why the bombshell commission suit matters
Millions of homesellers across the country may be able to seek billions in damages for commissions they paid to buyer agents between 2015 and 2020. Here's why it matters
'Radical' and 'doomed': The case against the 'bombshell' Moehrl suit
The real estate establishment's latest salvo against the so-called 'bombshell' buyers' agent case is a sprawling, 3,000-page argument against granting class-action status in the Moehrl federal suit
A couple building their dream home out of thin air
Venture MLS Fund Manager Art Carter: 'CRMLS users, including listing-side agents, brokers, and office staff, have expressed a desire for a shorter, simpler listing input process'
by Andrea V. Brambila Jun 30
RentSpree calls on MLSs to include rentals, saying it would help agents
Company says the action would minimize delays for renters, increase efficiency of filling rentals, help agents earn commissions and build their pipelines and standardize the process over time
by Taylor Anderson Jun 28
MLSs team up to share listings, tech tools in unique partnership program
Atlanta-based First MLS (FMLS) and Greater Alabama MLS have inked a deal to both share data and offer GALMLS subscribers Remine's products through FMLS
The present (and future) of MLS regionalization
Opinion
Find out why regionalization isn’t just for urban metroplexes anymore
by Christy Murdock Jun 7
Appeals court rejects NAR class certification challenge in lawsuit
The ruling means that Sitzer/Burnett moves forward as a multibillion-dollar class action, currently headed for trial in February 2023
KW demands REX turn over audio recordings in commission suit
The real estate franchisor has subpoenaed the discount brokerage for recordings of all in-bound calls, not just those purporting to show agent steering, in multibillion-dollar class-action case
BridgeMLS members able to pilot proptech in partnership with Openn
A mobile, transparency-in-transaction software company, Openn, has started a pilot program to test its platform with agents in the Golden State
by Craig C. Rowe May 26
Bright first MLS to hire a chief economist
Dr. Lisa Sturtevant will help Bright with 'critical business decisions around the company’s data assets' such as evaluating products and partnerships
by Andrea V. Brambila May 19
NAR, franchisors face long odds in effort to appeal class action status
NAR and co-defendants Realogy, Keller Williams, RE/MAX and HomeServices of America are asking a higher court to let them appeal a decision to make a commission suit a class action
by Andrea V. Brambila May 18
REX abandons antitrust case against Oregon rebate ban
Discount brokerage says it will focus on 'other issues that cause consumers to be overcharged every time they buy and sell a home'
by Andrea V. Brambila May 12
Demise of discount brokerage REX may be imminent, reports indicate
REX General Counsel Michael Toth did not directly confirm REX was closing, but blamed NAR and Zillow for the death of its business model and said its suit against both would continue
by Andrea V. Brambila May 11
'Much needed' or 'Ridiculous'? Realtors sound off on NAR fee hike
Paying $10 more for the trade group's consumer ad campaign has agents and brokers reevaluating what they're getting for their NAR membership
by Andrea V. Brambila May 10
Judge halts commission-sharing case alleging inflated buyer costs
Unlike 2 federal cases that claim seller costs are inflated by commission sharing, New Jersey homebuyer's lawsuit argued that buyers are the ones unfairly impacted
NAR heads into midyear gathering while under siege on multiple fronts
The National Association of Realtors, which boasts 1.5M members, will tackle real estate's hottest topics a week after suffering a series of legal setbacks in court. Here's a breakdown of the agenda
by Jim Dalrymple II May 2
MLS 'visionary' John Mosey to retire after 47 years
NorthstarMLS will search nationwide for a new CEO. 'If there was a Mount Rushmore of MLS execs, John’s head would be among them,' California Regional MLS CEO Art Carter said
by Andrea V. Brambila Apr 29
'Writing is on the wall': Court tosses NAR counterclaim against REX
Judge finds the National Association of Realtors failed to allege facts to show how the discount brokerage specifically harmed the trade group's reputation with its own members and consumers
by Andrea V. Brambila Apr 28
A reverse arrow on a street
Three-judge panel concludes trade group must face allegations that the Clear Cooperation Policy was part of a group boycott to prevent The PLS from competing with multiple listing services
by Andrea V. Brambila Apr 27
Federal commission suit now a class action; NAR, Realogy vow to appeal
Days after oral arguments, a judge Friday granted class certification in 1 of 2 federal commission suits that could rock the real estate industry and impact how agents are compensated nationwide
by Andrea V. Brambila Apr 25
M. Ryan Gorman: Honestly, building tech for real estate is a 'nightmare'
M. Ryan Gorman, Coldwell Banker Real Estate CEO, and Brian Donnellan, CEO of Bright MLS, told an Inman Connect New York audience why the industry hasn't reached the 'latte vision' yet
by Andrea V. Brambila Apr 22
How do you tell an MLS, 'Your baby's ugly'?
At Inman Connect New York, moderator Sam DeBord and panelists Lucie Fortier and Greg Robertson discuss the 'paranoia' fueling tech tension between brokers and MLSs
by Andrea V. Brambila Apr 21
Gary Keller singled out as 'head of conspiracy' as federal commission lawsuit accelerates
As oral arguments began Monday in the Sitzer federal commission case, plaintiffs questioned the role of buyer agents, what a world without NAR's commission policy would look like, and why they believe Keller is leading an antitrust conspiracy
by Andrea V. Brambila Apr 19
After early stumbles, real estate tech startup Remine hires new CEO
Frederick Townes joins Remine following several tumultuous years for the company, and six months after it was acquired by a group of MLSs
by Jim Dalrymple II Apr 11
Bright MLS outages spark ire among members of 2nd largest MLS
CoreLogic's Matrix has been down off and on for nearly a week for Bright's 100,000-plus subscribers in the Mid-Atlantic region, subscribers and executives of the MLS confirmed
NAR tech accelerator accepts 8 residential real estate startups
Perchwell, Fractional, Inspectify, Courted, Place, Reggora, Revive and Courted to get education, mentorship and networking opportunities in exchange for marketing fee and small equity stake
Multiple Listing Service of Greater Cincinnati will get a digital facelift
CincyMLS, which boasts more than 8K agents and brokers of the Multiple Listing Service of Greater Cincinnati, will have access to tools from the CRMLS-backed tech startup Perchwell
California Regional MLS's 'aggressive' growth strategy pays off
CRMLS adds Rim O' the World Association of Realtors as a member organization starting April 1
by Andrea V. Brambila Mar 30
A comprehensive guide to finding inventory in today's market
Here, Inman has created an extensive resource for ways to find inventory — from old-school methods to more creative approaches — when it seems like there's nothing left on the shelves
by Lillian Dickerson Mar 30
As homebuyers pine for options, startups scramble to fill the void
A new class of tech company is responding to the home inventory shortage by taking sellers to the edge of the MLS — and sometimes beyond — with off-market appeals and more
by Daniel Houston Mar 29
Millennials glow up: Tech savvy age group nears 50% share of US buyers
In 2021, millennials made up the largest share of buyers at 43%, up from 37% in 2020, according to the National Association of Realtors' Home Buyers and Sellers Generational Trends Report
by Andrea V. Brambila Mar 23
Instashowing becomes showing tech provider for 2 more MLSs
Staten Island Board of Realtors and Conejo Simi Moorpark Association of Realtors are rolling out technology to help its agents schedule home showings, coordinate tours and send offers
by Craig C. Rowe Mar 17
Bright MLS names Realtor.com veteran Amit Kulkarni as new CMO
Kulkarni begins Monday as Bright's new chief marketing officer. He joins the 100,000-subscriber multiple listing service after 11 years at Realtor.com, where he led its brand and creative team
by Andrea V. Brambila Mar 16
NAR asks court to scrap broker's suit over listing agent omission
Trade group calls out broker Grady Hillis of Arizona for 'repetitive and confusing allegations' in nearly 1,300-page amended complaint, which seeks $1.18B in punitive damages
Bright MLS ditches Remine Pro, prompting plea to agents
Citing low adoption, the nation's second-largest multiple listing service will no longer offer Remine Pro at no additional cost to its subscribers beginning April 1
by Andrea V. Brambila Feb 25
'We're not the pocket listing guys anymore': The PLS is now The NLS
The National Listing Service wants to help agents compete with big portals such as Zillow, Realtor.com and Redfin for control of their lead generation
by Andrea V. Brambila Feb 24
REX asks court to toss NAR countersuit on First Amendment grounds
The discount brokerage filed paperwork in a federal district court in Seattle that argues its opinions challenging the legality of the National Association of Realtors' rules are protected speech
by Andrea V. Brambila Feb 23
A black couple unpacking boxes in their new home
A new fund launched with help from the Seattle-based brokerage offers deferred, low-interest loans of up to $12K for home purchase costs
by Andrea V. Brambila Feb 17
MLS PIN names Coldwell Banker veteran Erminio Grasso as new CEO
Grasso will replace Kathy Condon, an MLS veteran of 44 years, as the leader of the largest multiple listing service in New England
by Andrea V. Brambila Feb 15
Investors sue MLS-owned Remine, demand payment for shares
Post-acquisition, Alexander Atwood, Brian de Schepper, and Jonathan Ferris want the court to order the company to buy back their shares at 'fair value'
by Andrea V. Brambila Feb 10
Nation's 2 largest multiple listing services ink massive tech deal
The blockbuster deal between California Regional MLS and Bright MLS will pave the way for the development and launch of technology products for more than 200,000 subscribers nationwide
Houlihan Lawrence dual agency case is now a class action lawsuit
The New York- and Connecticut-based brokerage says it will appeal the ruling, which will allow plaintiffs to sue on behalf of some 20,000 homebuyers and sellers going back more than a decade
Everything you need to know about Realtor.com's relationship with the National Association of Realtors
Realtor.com is the official listing site of the 1.5 million-member National Association of Realtors. In November 2014, News Corp. acquired its parent company, Move, with NAR's blessing
lightbulbs on blue background
The discount brokerage is now a member of 6 multiple listing services, but says it's still avoiding 'traditional' agent fees by offering a low commission when it submits listings
NAR countersues REX Real Estate, alleges harm from 'campaign of lies'
Real estate trade organization hits back at discount brokerage's claims regarding its own business model and inflated real estate commissions