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The future of the MLS may be murky, but brokers still want the data

Housing Wire

As a panel of real estate leaders gathered to discuss the future of the MLS at the National Association of Realtors ‘ NXT conference in Boston, Errol Samuelson , Zillow ‘s chief industry development officer, found himself and his company in a bit different standing than usual with the audience of several hundred agents and brokers.

MLS 370
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Compass invites outside agents to use Coming Soon listings in latest shot at CCP

Housing Wire

The brokerage is giving agents at all brokerages access to Coming Soon, which houses its exclusive listings. Compass says that the listings protect home sellers against negative insights, such as days on market. Those listings appear on the site before they appear on an MLS, but only for about a day.

Agents 380
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Nothing burger? Smart move? Industry reacts to NAR’s CCP changes

Housing Wire

Under what NAR is calling its MLS Listing Options for Sellers policy , sellers will have the option to delay marketing their listing publicly as long as they sign the required disclosure. During the time period, the listing will be able to be seen by other MLS participants through their local MLS platform.

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Compass tells MLSs to change CCP or face legal exposure

Housing Wire

Homeowners are the ones who own their homes, not the National Association of Realtors, and if the homeowner and their agent make a decision that they dont want to list it on any particular site for any particular reason, they ought to have a right to do that, he added.

MLS 286
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The debate around Clear Cooperation ignores real solutions

Housing Wire

When I attended a national real estate conference last month, the Clear Cooperation Policy the provision requiring listings to be published on the MLS within 24 hours of marketing a property predictably surfaced as a hot-button issue. 1) Support it, 2) Eliminate it, 3) I dont understand it, or 4) I have no opinion.

MLS 343
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Compass clients solicit class action suit against NWMLS

Housing Wire

Specifically, they are reaching out to home sellers who experienced a price drop or significant days on market. Recently, some brokerage firms have advocated for MLS rules that facilitate hiding property listings from consumers and lobbied the real estate industry to accommodate those exclusionary practices, he stated.

MLS 231
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What constitutes public marketing? NAR clarifies details on delayed marketing listings

Housing Wire

Under the National Association of Realtors (NAR) new Multiple Listing Options policy, the trade group is allowing listing agents, with the signed consent and direct permission of their seller client, to delay publicly marketing a listing through Internet Data Exchange (IDX) feeds and syndication.

Marketing 207