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

Housing Wire

But the cool response Reffkin received during the panel would suggest fewer agents than his brokerage believes are actually supportive of changing the policy. I believe days on market is the killer of value. Due to this, many industry professionals believe cooperation among brokerages is even more important.

MLS 369
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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. Compass has taken its fight against the Clear Cooperation Policy (CCP) to another level.

Agents 361
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The best real estate brokerage software for 2024

Housing Wire

With technology changing faster than new agents answer phone calls, choosing the right real estate brokerage software can sometimes feel like a full-time job. Here’s why: Good software might help your brokerage stay afloat in a post-lawsuit market. The looming chaos from the commission lawsuits sure isn’t helping.

Brokerage 435
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What constitutes public marketing? NAR clarifies details on delayed marketing listings

Housing Wire

Additionally, if an office exclusive listing is shared across multiple brokerages CCP is triggered and the listing must be submitted to the MLS within 24 hours when the listing will immediately be syndicated through IDX feeds. However, delayed marketing cannot appear on an MLS public-facing website, as that would be considered syndication.

Marketing 269
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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 215
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Nothing burger? Smart move? Industry reacts to NAR’s CCP changes

Housing Wire

Our position has never been to dictate brokerage business models, Brian Donnellan, the president and CEO of Bright MLS, wrote in an email. Weve always been committed to ensuring that our policies meet the needs of our subscribers in a changing market, and that will always be the case. NWMLS is not NAR affiliated.)

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The debate around Clear Cooperation ignores real solutions

Housing Wire

After all, this has been an issue dominated by the loudest voices in the room, most of them executives for major corporations and brokerages. On the one hand, I was eager to see the results. Its easy to lose touch with what matters to the people that are much closer to the buying and selling process.

MLS 318