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

Housing Wire

But while Cantrell believes local MLSs will not be pleased with this added responsibility, Saul Klein, an industry veteran and the CEO of San Diego MLS , disagrees. Reffkin and Compass have been vocal critics of CCP and have called upon MLSs and industry professionals to push back against the policy by not enforcing it.

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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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NWMLS shuts off IDX listing feed to Compass

Housing Wire

Washington state-based Northwest MLS (NWMLS) has shut off its internet data exchange (IDX) feed going to Compass as the ongoing war between the two real estate industry players escalates. The site is looking for homesellers who have been harmed by NWMLS policies and who have experienced a price drop or significant days on market.

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Compass invites outside agents to use Coming Soon listings in latest shot at CCP

Housing Wire

Compass says that the listings protect home sellers against negative insights, such as days on market. According to the company, one of the benefits of Compasss marketing plan is that it hides metrics like days on market and price drop history that tend to negatively impact interest in a given home listing.

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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.

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HousingWire unveils powerful new tools to help subscribers stay ahead in a fast-changing market

Housing Wire

Today, HousingWire announced the release of its latest round of subscription enhancements, equipping its audience with deeper insights and convenient features that continue to position industry professionals as experts. This update enhances the ability of industry professionals to share news and information with their network.

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Confused by the CCP debate? Here’s what to know

Housing Wire

The National Association of Realtors (NAR) Clear Cooperation Policy (CCP), implemented in 2020, is the source of much debate within the real estate industry. Despite these restrictions, sellers and their agents are allowed to market the listing however they see fit. People just started holding back inventory.

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