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Home sellers who didn’t list on the MLS lost $1B in sale proceeds: Zillow

Housing Wire

Home sellers who did not list their properties on the MLS lost out on more than $1 billion in sale proceeds over the past two years, according to a study published Monday by Zillow. In 2023 and 2024, Zillow found that sellers who chose not to list on the MLS typically lost out on nearly $5,000, selling their property for 1.5%

MLS 501
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Utah MLS dismissed from Homie’s antitrust lawsuit

Housing Wire

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.

MLS 420
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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.

MLS 361
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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.

Brokerage 318
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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.

MLS 281
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Zillow, eXp Realty team up against delayed marketing listings

Housing Wire

On Thursday, eXp Realty announced that, as a brokerage, it was signing on to abide by Zillow s standards for listing transparency. At the core of Zillows listing standards is the belief that if a listing is marketed to any home shoppers, it should be marketed to all home shoppers. where all the data is siloed, Pareja said.

Marketing 273
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Redfin takes its own stand against CCP delayed listings

Housing Wire

According to a statement from Redfin CEO Glenn Kelman on Monday, Redfin.com will not publish any listings that have been publicly marketed before being shared with all real estate websites via the MLS. Kelman said Redfin is doing this because it believes that all buyers should be able to see all listings.

MLS 397