Remove Days on market Remove Industrial Remove MLS
article thumbnail

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.

article thumbnail

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 370
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. At Compass we are advocating for homeowners to have control over how their listings are marketed, Reffkin said in a statement. Coming Soon is part of Compasss three-phase marketing plan for homes. Coming Soon is next.

Agents 383
article thumbnail

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.

MLS 259
article thumbnail

Compass tells MLSs to change CCP or face legal exposure

Housing Wire

The email was obtained and published by industry analyst Rob Hahn. Compass goes on to say that it’s standing by its past statements that your MLS is not giving adequate homeowner choice and that your MLS is subject to litigation risk. If theyre doing it for the wrong reasons, theyre going to be held accountable.

MLS 312
article thumbnail

The debate around Clear Cooperation ignores real solutions

Housing Wire

When I attended a national real estate conference last month, the Clear Cooperation Policy the provision requiring listings to be published on the MLS within 24 hours of marketing a property predictably surfaced as a hot-button issue. 1) Support it, 2) Eliminate it, 3) I dont understand it, or 4) I have no opinion.

MLS 349
article thumbnail

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