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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MLS Agents Residential As-is 370

Housing Wire

NOVEMBER 8, 2024

On Thursday, MLS leaders took center stage at several conference sessions, including discussions of the business practice changes driven by the NAR commission lawsuit settlement and how the role of the MLS — and the MLS-broker relationship — has evolved as a result. “I

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MLS Staging Technology Agents 418

Housing Wire

APRIL 15, 2024

Gene Millman, president and CEO, REcolorado The value of the MLS cannot be understated. With the real estate industry adjusting to the National Association of Realtors commission lawsuit settlement agreement , the importance of a tried and trusted MLS business partner is undeniable. Our data sets continue to get richer.

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MLS Industrial Title Agents 448

Housing Wire

JANUARY 9, 2025

But survey data released Thursday by Bright MLS found that some standards were top priorities for some buyers. The Maryland-headquartered MLS conducted a survey in mid-December that included 700 prospective homebuyers who were renting or living with others. More specifically, 56.1% Another 37.8% and 35.6%, respectively.

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MLS Renovation Finance Marketing 418

Housing Wire

MARCH 3, 2025

And while most of the talking points espoused on both sides of the debate remain fairly consistent, those who are in favor of the policy have recently started to claim that an agent who doesnt list their sellers properties on the MLS may be exposing themselves to legal liability. And these brokers dont trust NAR that much anymore.

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MLS Agents Brokerage Industrial 360

Housing Wire

MAY 29, 2024

Northwest MLS , the largest multiple listing service in the Pacific Northwest, will not take part in the $418 million agreement reached by the National Association of Realtors (NAR) in the Sitzer/Burnett case. Secret deals’ The NWMLS board of directors made the decision to opt out at its most recent meeting, the organization said Tuesday.

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MLS Brokerage Agents As-is 508

Housing Wire

DECEMBER 27, 2024

The platform connects with MLS for seamless listing input, saving time and reducing duplicated efforts. Whether youre running a large brokerage, managing a small team or working on your own, the right transaction management platform can take the worry out of compliance and lighten your workload.

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MLS Brokerage Agents Technology 397

Housing Wire

MARCH 4, 2025

In a news release, Compass CEO Robert Reffkin appeared to openly taunt the National Association of Realtors (NAR), whose CCP rulerequires a Realtor to put a home for sale on the local NAR-affiliated multiple listing service (MLS) within a day of marketing a listing. Coming Soon is part of Compasss three-phase marketing plan for homes.

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Agents MLS Brokerage Days on market 356

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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MLS Staging As-is Marketing 459

Housing Wire

NOVEMBER 5, 2024

The hotly debated Clear Cooperation Policy (CCP) — a NAR rule that requires Realtors to post a home on a NAR-affiliated multiple listing service (MLS) within a day of signing a listing agreement — is likely playing a role in the responses. This concern even outweighed factors related to money.

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Purchase and sale agreement Agents MLS Sales 435

Housing Wire

FEBRUARY 12, 2025

In some states, the door has been open for many years to real estate agents who want to access their local MLS without being a Realtor. In late 2024 , PAR announced it would be allowing non-Realtors to access the MLS it co-owns with Arizona Regional MLS (ARMLS) starting Jan.

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MLS Agents Industrial As-is 325

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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MLS Seller concession Agents As-is 448

Housing Wire

JUNE 17, 2024

Plaintiffs Zillow Group and ShowingTime have reached a settlement agreement with defendants Arizona Regional MLS (ARMLS) and Wisconsin -based Metro MLS in Zillow’s antitrust suit against the multiple listing services. MLS Aligned is a joint venture set up among the MLS defendants and other unspecified MLSs.

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MLS As-is Marketing 457

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. The flexibility in working with VestaPlus is in line with what you would expect from a peer MLS,” Klein said.

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MLS Technology Development Industrial 448

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. ” REcore’s MLS Buyer Registry helps with compliance by ensuring that a buyer agency agreement has been signed before a showing takes place. .

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MLS Agents Design Industrial 433

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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MLS Agents Industrial As-is 446

Housing Wire

AUGUST 5, 2024

In less than two weeks , offers of compensation for buyers’ brokers will no longer be permitted on any MLS in the U.S, eXp listing agents are not splitting their fees with buyer brokers and agents are allowed to follow their seller’s marketing wishes as long as they are complying with the rules of their local MLS.

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MLS Agents Brokerage As-is 468

Housing Wire

FEBRUARY 20, 2025

While Robert Reffkin and Compass are touting their success while pushing for the repeal of the National Association of Realtors ‘ (NAR) Clear Cooperation Policy, eXp Realty executives are claiming that the North American MLS system is helping to fuel their companys strong international growth. In the U.S., but is originally from Egypt.

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MLS Agents Technology Brokerage 317

Housing Wire

APRIL 30, 2024

The Northern Nevada Regional MLS (NNRMLS) is teaming up with Lone Wolf Technologies to launch the HomeSpotter app, the companies announced on Tuesday. The 4,000 members of NNRMLS now have access to their own branded mobile MLS home search app, HomeSpotter, powered by Lone Wolf.

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MLS Agents Branding Technology 448

Housing Wire

DECEMBER 30, 2024

Rather than going in and searching the MLS yourself, and having to pull out those names and then email clients, you can actually automate that process and use AI. They can actually perform data scraping off the MLS, match that with their clients’ needs and even send the emails from a draft. It’s about doing things smarter.

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Technology MLS Agents Brokerage 435

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.

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MLS Closing Agents Industrial 448

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. A Section F.35.xii, xii, Appendix D.

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MLS Agents As-is Industrial 422

Housing Wire

AUGUST 27, 2024

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 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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MLS Seller concession Agents Industrial 434

Housing Wire

OCTOBER 29, 2024

According to Bright MLS, it’s the slowest annual gain in 2024 thus far and the first monthly decline since December 2022. Is home-price growth finally cooling? That’s a question raised by the S&P CoreLogic Case-Shiller Index for August, which showed deceleration on a year-over-year basis and a slight dip relative to July. gain from July.

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Mortgages MLS Equity Loans 487

Housing Wire

FEBRUARY 26, 2025

Traditional MLS data excels at structured information like price ranges, bedroom counts and square footage. The new search paradigm for real estate The introduction of artificial intelligence overviews is changing how users consume information online. And, AI overviews don’t just aggregate information randomly.

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MLS Agents Development Staging 415

Housing Wire

NOVEMBER 30, 2024

But if you’re a member of an MLS , you have to follow the same rules as everybody else. If you have to put a property in the MLS within 24 to 48 hours, then you play by the same rules. Typically, with franchise organizations, it’s all about the sales process and bringing on more franchises.

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MLS Brokerage Agents Industrial 370

Housing Wire

MARCH 7, 2025

It proposed on Friday a compromise on CCP that it believes respects seller choice, enhances competition and safeguards MLS integrity. It proposed on Friday a compromise on CCP that it believes respects seller choice, enhances competition and safeguards MLS integrity. Inman News was first to report the story.

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MLS Brokerage Industrial Agents 302

Housing Wire

MARCH 11, 2025

Public records & MLS misuse Scammers exploit MLS history and public records to appear credible. By leveraging public data, crafting emails that mimic legitimate sellers, and using MLS history (sometimes gathered from previous scams), fraudsters build a convincing narrative. Then came the call. Consider signing up for one.

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Agents MLS Land Sales 255

Housing Wire

JANUARY 16, 2025

Originally filed in August, the lawsuit claims that the requirement that all agents and brokers in Michigan be members of NAR, their state Realtor association and a local board of Realtors in order to list a property on Realcomp (the local MLS) represents an antitrust violation.

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MLS As-is Agents Marketing 358

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. said it was job related.

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MLS Mortgages Equity Agents 418

Housing Wire

FEBRUARY 4, 2025

For buyers, the platform has their preferences for a home and relevant listings, which include both Compass exclusives and those on the local MLS. Opponents of CCP say it limits seller choice, the choice being whether to list their home on the MLS. Sellers have access to all offers.

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MLS Brokerage Technology Staging 410

Housing Wire

FEBRUARY 20, 2025

Some real estate brokers have found their path blocked as they try to navigate the membership agreements mandated by NAR and their local Realtor associations to gain access to MLS listings. When I tried to speak up about it, I faced pushback and retaliation, which only confirmed that the system isnt designed to support people like me.

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MLS Purchase and sale agreement Agents As-is 255

Housing Wire

OCTOBER 31, 2024

The company was acquired by Clear Capital in 2021 and houses 30-plus MLS organizations in its network. CubiCasa President Jeff Allen stresses how difficult it can be for most agents to create an engaging home tour. He mentions how expensive cameras, production equipment and other virtual listing services are.

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Property Management MLS Agents As-is 476

Housing Wire

NOVEMBER 20, 2024

The National Association of Realtors (NAR) is getting a temporary reprieve from the latest antitrust suit it’s fighting regarding “three-way membership agreements” for MLS access. In the state of California, it is illegal for an MLS to require Realtor association membership it order to access the MLS.

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MLS As-is Agents 370

Housing Wire

FEBRUARY 14, 2025

Two months prior to that, Zillow began moving homes not listed on the MLS out of initial user search results and onto a second tab. This adhered to an optional NAR rule , which prevents those who choose to adopt it from commingling MLS listings with non-MLS listings. In May 2022, REX ceased its brokerage operations.

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Staging MLS Brokerage Design 270

Housing Wire

JANUARY 10, 2025

While higher prices have weighed on consumers minds, the fact that wages continue to rise faster than inflation suggests that many individuals and familiesincluding prospective homebuyersare still feeling relatively confident about their financial situations, Lisa Sturtevant, the chief economist at Bright MLS , said in a statement.

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Residential Construction MLS Mortgages 397

Housing Wire

NOVEMBER 26, 2024

Economists point to the October surge in mortgage rates and the rise in existing-home inventory as some of the factors behind the disappointing results for new-home sales. ​​”Some of the dip in new home sales in October is partially explained by political uncertainty ,” Bright MLS chief economist Lisa Sturtevant said in a statement.

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Sales MLS Mortgages Development 448