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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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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.

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NAR unveils new MLS options policy, leaves CCP in place

Housing Wire

According to the release, this new policy compliments NAR s existing MLS policies and that it will exist in conjunction with CCP.The trade group feels the policy provides sellers and their agent more options and choice when marketing a property. According to NAR, each MLS will have the ability to determine its own delayed marketing period.

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RealScout opens exclusive listings platform to all brokerages

Housing Wire

San Francisco-based real estate technology firm RealScout on Thursday announced that its making its RealScout Exclusives platform available to all brokerages. RealScout said that the nationwide launch of the platform follows years of successfully powering exclusive listing strategies for leading brokerages.

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Side, other brokerages settle new copycat commission lawsuit

Housing Wire

The real estate industry is facing yet another copycat commission lawsuit. The lawsuit contains the same allegations as other commission lawsuits, accusing the real estate brokerage and MLS defendants of colluding to artificially inflate real estate agent commissions. Bough but by Judge Fernando J.

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Compass clients solicit class action suit against NWMLS

Housing Wire

Amid a contentious industry debate on private listings, Northwest Multiple Listing Service (NWMLS) President and CEO Justin Haag offered strong words of support for NAR’s Clear Cooperation Policy (CCP) and recent provisions to the rule. Northwest MLS has declined to adopt those misguided, exclusionary rules.

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Redfin takes its own stand against CCP delayed listings

Housing Wire

Redfin may have been acquired by Rocket , but it still operates a real estate listing portal and it doesnt want the industry to forget that it too has skin in the the debate surrounding the National Association of Realtors (NAR) Clear Cooperation Policy (CCP).

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