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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%

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CRMLS, Bright MLS team up to offer reciprocal access to home listings

Housing Wire

On Wednesday, the California Regional MLS (CRMLS) and Mid-Atlantic-based Bright MLS announced that they will be offering subscribers reciprocal data access, or “guest access,” to reach other’s listings. CRMLS currently has more than 127,000 active listings and Bright MLS hosts more than 115,000 active listings.

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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. Homie filed the suit in mid-August.

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MLS PIN, Restb.ai unite to bring gen AI solutions to real estate pros

Housing Wire

New England -based MLS Property Information Network (MLS PIN) is following these footsteps with its latest partnership. MLS PIN announced a partnership with Restb.ai on Monday to bring advanced AI features to its web-based Pinergy MLS system. Erminio Grasso, president and CEO of MLS PIN, describes the Restb.ai

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Nosalek plaintiffs seek preliminary approval of MLS PIN settlement

Housing Wire

Initially announced in the summer of 2023, the settlement is between the Nosalek plaintiffs and defendant MLS Property Information Network (MLS PIN). MLS PIN and the Nosalek plaintiffs went back to the drawing board in filing an amended settlement agreement, which the DOJ also took issue with. Despite Judge Patti B.

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MLS owners pursuing sale of software company Remine

Housing Wire

The multiple listing service (MLS) owners of real estate software company Remine are moving to sell the firm. The four MLSs that make up MLSTH; Austin Board of Realtors Unlock MLS , First MLS , Miami Realtors MLS , and Heartland MLS , acquired Remine in October 2021 for $53.5 million professionals.

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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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