Housing Wire

MAY 20, 2024

Rental software provider RentSpree announced on Monday a new partnership with UtahRealEstate.com (URE), a multiple listing service (MLS) serving approximately 20,000 real estate professionals across Utah. Lastly, RentSpree scored another partnership with the Houston Association of Realtors (HAR), the second-largest MLS in Texas.

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Housing Wire

APRIL 9, 2024

Kansas City -based Heartland Multiple Listing Service ( MLS ) has announced a strategic integration with Down Payment Resource (DPR) to enhance accessibility to homeownership for residents across the Greater Kansas City area. Moreover, within the Heartland MLS footprint, 27 agencies administer 39 distinct homebuyer assistance programs.

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Housing Wire

JANUARY 12, 2024

Agents and brokers in Colorado will soon be able to view listings and share their own listings, with real estate professionals in four other metro areas. Our partnership with REcolorado is a real win for real estate agents and brokers in Colorado, Georgia, and beyond,” Jeremy Crawford, president and CEO of FMLS, said in a statement.

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Housing Wire

OCTOBER 1, 2024

REcore , a software-as-a-service and data licensing solutions provider for multiple listing services (MLSs), has announced the launch of its new MLS Buyer Registry tool. According to the announcement, the product is designed to address potential issues regarding buyer and agent compliance with the newly mandated buyer agency agreements.

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Housing Wire

MAY 30, 2024

Bright MLS , the nation’s second-largest multiple listing service, is set to overhaul its platform this summer to align with new standards stemming from the National Association of Realtors ’ recent settlement of the real estate agent commission lawsuits. Bright MLS also tells agents and brokers that commissions are negotiable.

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Housing Wire

MARCH 13, 2024

Saris will allow the Nosalek commission lawsuit plaintiffs and MLS Property Information Network (MLS PIN) defendants to file a response to the Department of Justice’s statement of interest. The DOJ’s statement was in relation to the settlement agreement reached between the Nosalek plaintiffs and MLS PIN in July 2023.

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Housing Wire

OCTOBER 16, 2024

A new startup wants to help real estate agents get more out of their multiple listing service (MLS). Realoq has launched a MLS platform that features customized branding and direct access to consumers, and the company believes it will provide savings on lead generation. In June, Realoq expanded into three new states.

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Housing Wire

JULY 22, 2024

VestaPlus , a software development firm known for its MLS solutions geared to real estate agents, has entered into a strategic partnership with California -based San Diego MLS. Checkmate also gives users the ability to tier fines, track agent violations and pinpoint agents that have no compliance issues.

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Housing Wire

APRIL 12, 2024

Stellar MLS , the third-largest MLS in the country, has expanded its partnership with artificial intelligence company Lundy Inc. Lundy’s “Finding Homes” feature will be accessible to all Stellar MLS customers, including those in Florida and Puerto Rico, where Stellar serves as the largest MLS.

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Housing Wire

OCTOBER 30, 2024

On Wednesday, the California Regional MLS (CRMLS) and Mid-Atlantic-based Bright MLS announced that they will be offering subscribers reciprocal data access, or “guest access,” to reach other’s listings. CRMLS currently has more than 127,000 active listings and Bright MLS hosts more than 115,000 active listings.

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Housing Wire

JUNE 21, 2024

The future for West Penn MLS is a bit uncertain after Judge William Stickman denied its motion to stay the Moratis commission lawsuit (formerly known as the Spring Way suit ) on Thursday. West Penn MLS did not return a request for comment.

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Housing Wire

JUNE 11, 2024

In a legal brief filed on Monday, MLS Property Information Network (MLS PIN) made it clear that it does not agree with the Department of Justice ‘s position on the banning of cooperative compensation, as outlined in the DOJ’s statement of interest in the Nosalek commission lawsuit.

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Housing Wire

MARCH 28, 2024

Kirkland, Washington-based Northwest MLS (NWMLS) is looking to have its voice heard in a lawsuit all the way on the other side of the country. The MLS added that in the DOJ’s argument about steering, it did not acknowledge that the rule changes also made information about sellers’ offers of compensation available to other consumers. “DOJ’s

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Housing Wire

MAY 16, 2024

With the latest industry turmoil around compensation, steering and more due to lawsuits and the investigation by the Department of Justice , those outside the housing industry would assume the benefit to listing a home on the MLS would be negligible. “[That study] just showed the averages off-MLS versus the averages on-MLS.”

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Housing Wire

NOVEMBER 29, 2024

The rational case for repealing MLS Clear Cooperation rules. MLS system offers transparency, but at what cost? MLS is not capitalism in its final form. Every year I get a postcard on my birthday from my MLS, My MLS pays for technology that I’ll never use and they put on training I rarely attend. Does cc work?

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Housing Wire

OCTOBER 8, 2024

West Penn MLS finally got its way in the Moratis commission lawsuit. Stickman IV, who is overseeing the Moratis suit in the Western District of Pennsylvania, refused to stay the case for the MLS. Howard Hanna and West Penn MLS did not immediately return a request for comment. Howard Hanna had not reached a settlement agreement.

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Housing Wire

FEBRUARY 29, 2024

The plaintiffs in the Nosalek commission lawsuit and defendant MLS Property Information Network (MLS PIN) have teamed up to ask Judge Patti B. The joint motion was filed on Wednesday by MLS PIN, Jennifer Nosalek, Randy Hirschorn and Tracy Hirschorn.

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Housing Wire

OCTOBER 15, 2024

On Friday, the brokerage notified the court that it was voluntarily dismissing Wasatch Front Regional MLS , which does business as UtahRealEstate.com , from the suit. But the MLS defendant was dismissed without prejudice, which means Homie could refile its suit against UtahRealEstate.com. Homie filed the suit in mid-August.

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Housing Wire

JULY 2, 2024

The Arizona Regional Multiple Listing Service (ARMLS) announced a partnership with Lone Wolf Technologies that will give ARMLS subscribers access to a tool designed to give agents information to guide their clients through an uncertain market. ” This isn’t Lone Wolf’s first partnership with an MLS this year. .

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Housing Wire

NOVEMBER 22, 2024

The plaintiffs take issue with what they claim is a requirement for agents and brokers — in Michigan and nationally — to be members of NAR, their state Realtor association and a local Realtor association in order to gain access to the MLS. District Court for the Eastern District of Michigan.

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Housing Wire

AUGUST 27, 2024

17 , some MLSs have allowed agents to continue indicating whether their seller is willing to consider concessions. The MLS recently made this field mandatory, but in its announcement, it said it decided to make the change following feedback from its members. The changes went into effect Tuesday.

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Housing Wire

JUNE 25, 2024

News of the deal, which the board learned about late last week, surprised the MLS executives who had been approached by the shareholders in January. REcolorado is the 16 th largest MLS in the country with 25,000 members. So when the shareholders offered to let the MLS buy itself out, “we jumped at the chance,” Vincent said.

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Housing Wire

AUGUST 12, 2024

district court judge in Pennsylvania may have denied its motion to stay the Moratis copycat commission lawsuit, defendant West Penn MLS is not backing down without a fight. As part of this filing, West Penn MLS submitted its rules, which it claims eliminates the need for discovery. While a U.S.

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MLS Agents Industrial As-is 407

Housing Wire

JUNE 6, 2024

Relitix’s latest release of the Agent Movement Index (AMI) for April 2024 reveals a surprising shift in the dynamics of real estate agents , indicating potential changes in market conditions and strategies among brokerages. The propensity for agents to move has been increasing since early fall of 2023.

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Housing Wire

NOVEMBER 6, 2024

New England -based MLS Property Information Network (MLS PIN) is following these footsteps with its latest partnership. MLS PIN announced a partnership with Restb.ai on Monday to bring advanced AI features to its web-based Pinergy MLS system. Erminio Grasso, president and CEO of MLS PIN, describes the Restb.ai

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Housing Wire

JULY 16, 2024

The North Carolina Regional MLS (NCRMLS) has expanded into Georgia. According to an announcement on Monday, the MLS has recently welcomed the strategic additions of Savannah MLS , Athens Area Association of Realtors and Classic MLS , and the Realtors of Greater Augusta into its fold.

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Housing Wire

JUNE 24, 2024

Bright MLS — one of the nation’s largest multiple listing services that covers six Mid-Atlantic states and the District of Columbia — recently polled buyer and seller agents on what their clients are thinking during their home searches, including thoughts on mortgage rate hikes that have plagued other markets.

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Housing Wire

NOVEMBER 11, 2024

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.

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Housing Wire

FEBRUARY 21, 2024

With market uncertainty, real estate agents had been sticking with their current brokerage., According to Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as agents begin switching brokerages at a faster rate than 2023. but that’s all starting to change. respectively.

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Housing Wire

JANUARY 16, 2024

After a multi-year decline in agent movement between brokerages , Relitix ’s Agent Movement Index shows a clear bottoming out in early fall of 2023 and increased real estate agent mobility as we move into 2024. “We We can definitely call a bottom to the decline in agent movement,” said Rob Keefe, Relitix founder and president.

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Housing Wire

JUNE 28, 2024

Despite lacking final court approval — and while facing vocal disapproval from the Department of Justice — MLS Property Information Network has decided to move forward in implementing some of the changes outlined in its settlement agreement for the Nosalek commission lawsuit. MLS PIN did not specify when these changes would be put in place.

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Housing Wire

JUNE 27, 2024

In a statement released Wednesday night, REcolorado warned Denver-area Realtors that outside ownership of the local MLS could bring added uncertainty during an already uncertain time and suggested that their data could be compromised. REcolorado is the 16th-largest MLS in the United States and has 25,000 members.

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Housing Wire

NOVEMBER 5, 2024

The role of the real estate agent has been under the microscope of late as a result of class-action litigation over agent commissions, but the feedback agents want most about their practices comes from two sources — home buyers and sellers. This was unambiguous among homebuyers.

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Housing Wire

AUGUST 14, 2024

Ralph Harvey , Jason Saphire and Ben Caballero are three of the most prolific agents in America. But these listing-only agents are still having to adjust their practices to conform with the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement that goes into effect on Saturday.

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Housing Wire

SEPTEMBER 30, 2024

The landmark antitrust lawsuit settlement agreed to by the National Association of Realtors (NAR) in March has put the practices of real estate agents in the spotlight for both regulators and clients alike. Now, with agent commissions starting to decline, agents naturally want to convey the value of their services to buyers and sellers.

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Agents MLS Finance Sales 488

Housing Wire

OCTOBER 2, 2024

Top Agent Network (TAN) is not backing down in its antitrust lawsuit against the National Association of Realtors (NAR). The suit argues that consumers should have a choice in whether or not they market their home on their local MLS.

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Housing Wire

JUNE 27, 2024

In the constantly evolving real estate landscape, Multiple Listing Services (MLSs) today face a significant challenge: agent attrition. As interest rates have remained comparatively high and property prices have soared, the for-sale market has stalled, resulting in many agents now selling only a few properties a year.

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