MLSs and greater transparency are not the problem, Vanguard Properties' Nina Dosanjh writes. They are part of a proven infrastructure that evolves as the market changes.
Consumer Policy Center fellows Stephen Brobeck and Wendy Gilch praised Zillow's private listing ban while calling on the Department of Justice to limit the spread of private listing networks.
Windermere Co-President OB Jacobi told Inman private listing networks benefit brokerages, not consumers, and said his firm isn't jumping on the bandwagon.
A Department of Justice footnote filed on Monday in the Nosalek commission lawsuit suggests some industry leaders may have misinterpreted earlier DOJ messaging.
The deal is reportedly nearing the finish line, though the companies have not agreed on final terms.
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.
Compass CEO Robert Reffkin cites research on pre-marketing outcomes to argue for an end to Clear Cooperation Policy mandates.
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The Compass CEO said that NAR's rules have held back top agents and brokerages. But Robert Reffkin also believes that as those rules end, big brokerages like his will pull further ahead.
The company now has 17,752 principal agents. Founder and CEO Robert Reffkin said in a new earnings report that he believes his company will pull ahead in 2025.
The new portal went live on Monday as debates over Clear Cooperation have come to a peak. It will allow clients access to Compass exclusives, and to track transactions.
Los Angeles-based Luxury Presence, which launched as a website developer for luxury brands before evolving into a wide-ranging software provider, will unveil the solution at ICNY on Tuesday.