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Compass clients solicit class action suit against NWMLS

Housing Wire

Now, a new website , called Washington Homeowner Rights, is soliciting NWMLS home sellers in Washington state for a potential class action lawsuit. Specifically, they are reaching out to home sellers who experienced a price drop or significant days on market.

MLS 312
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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. Coming Soon is part of Compasss three-phase marketing plan for homes.

Agents 383
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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 370
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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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Compass tells MLSs to change CCP or face legal exposure

Housing Wire

In the article, Ketchmark said that Realtor organizations need to be aware of the fact that not only will our law firm and other attorneys be looking at [CCP], but the eyes of the world are upon them, and its time to do the right thing and let homeowners make decisions about their houses and not a bureaucratic organization.

MLS 312
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

My name is (your name), and I’m a licensed real estate professional with (your brokerage). I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. Call or text me with any real estate questions!

Brokerage 467
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EXCLUSIVE: Compass clients signal legal action against NWMLS

Inman

A new website soliciting plaintiffs for a possible class-action suit against the Washington MLS asks homeowners if they've sold in the state and seen "a price drop or significant days on market."

MLS 158