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No robots anytime soon: These brokerages don’t think AI will replace agents 

Housing Wire

Alisande Heriyanto , vice president of product and tech support at The Corcoran Group , which focuses on the luxury home market, said on stage during HousingWire ‘s AI Summit in Dallas on Tuesday that the company is adopting AI in its product ecosystem to bring more efficiency to real estate agents.

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Game of chicken: Private MLSs stare down DOJ over settlement terms

Housing Wire

Dawn Pfaff is a free-market evangelist, and that informs how she runs MyState MLS. While no legal statute presently outlaws these practices, the MLSs might be engaging in a game of chicken with the Department of Justice (DOJ) and the law firms that have won or settled commission lawsuits against NAR and several major brokerages.

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Compass launches client-facing portal with listings, docs and more

Housing Wire

The race is on for brokerages to capture clients in an incredibly difficult housing market, and Compass believes a new technology offering will give it an advantage. The brokerage on Monday launched Compass One, a client-facing portal that provides a guide through the process of both home buying and selling.

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Optionality of NAR’s no-commingling rule takes center stage at REX appeal hearing

Housing Wire

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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MLSs seek to reinvent themselves

Housing Wire

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 We’ve come a long way since then.”

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Why Homie shows alternative models matter in real estate

Housing Wire

The recent announcement of Homie’s decision to strip its brokerage services and end employment for its real estate agents has once again brought the discussion of alternative models in real estate to the forefront. Many limited service brokerages have faced similar hurdles in their quest to disrupt the status quo.

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Industry reacts to Redfin-NAR split: ‘It’s a crack in the wall’

Housing Wire

We started this process back in June when I resigned our NAR board seat, which are appointed to the top 50 brokerages in the country,” Rath told HousingWire in an interview Tuesday. model of local MLS broker marketplaces has long been — and still is — considered the best value in the world. There is a lot of unwinding to do there.”