Housing Wire

FEBRUARY 13, 2024

Intercontinental Exchange (ICE) announced a multiyear licensing agreement with REdistribute for permissioned access to multiple listing services (MLS) information. Launched in 2022 by BrightMLS and California Regional MLS , REdistribute is an MLS-owned company that includes licensed data from more than 40 MLSs.

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MLS Technology Residential Mortgages 435

Housing Wire

SEPTEMBER 13, 2023

Local Logic partners with some of the top tech vendors in the residential real estate industry, such as Black Knight , Constellation1 , CoreLogic , Inside Real Estate , and MoxiCloud. Local Logic also plans to continue expanding strategic partnerships with broker sites and MLS organizations.

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Housing Wire

JANUARY 5, 2024

Real estate industry veteran Saul Klein is taking over as the CEO and director of SDAR’s wholly-owned San Diego MLS , according to an announcement on Tuesday. “I In July, Mike Mercurio , SDMLS’ longtime CEO left the MLS amid a cloud of alleged inappropriate financial behavior.

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MLS Technology Residential Banks 447

Housing Wire

JANUARY 22, 2025

Georgia MLS the Peach State’s largest real estate marketplace announced on Wednesday that it will partner with 12 local MLSs to enhance data access for all parties under one listing platform. ” Georgia MLS has made other technology -enabled efforts to enhance data availability for agents. .”

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MLS Residential Agents Technology 391

Housing Wire

NOVEMBER 1, 2024

This is the lowest monthly jobs number since employment fell in December 2020,” Lisa Sturtevant, chief economist at Bright MLS , said in a statement. Residential construction gained 1,300 jobs in October, while residential specialty trade contractors shed 6,600 jobs.

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Construction Residential MLS Mortgages 370

Housing Wire

NOVEMBER 19, 2024

Formerly known as a collective of McEnearney Associates and Middleburg Real Estate/Atoka Properties , the firm’s agents serve both residential and commercial real estate clients across the Greater D.C. Howell is the current vice chairman of Bright MLS and has previously served as president of the Northern Virginia Association of Realtors.

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Principal Commercial MLS Branding 370

Housing Wire

JULY 26, 2021

Multiple Listing Services (MLS) by those trying to disparage the system. The cooperative MLS system exposes home listings to the largest number of potential buyers with an offer of compensation to any successful buyers’ agent. It’s easy to understand what a market without an MLS would look like and why it doesn’t work.

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Housing Wire

JULY 30, 2024

California Regional MLS (CRMLS) has decided to remove fields listing seller concessions from its platform. The nation’s largest MLS also added a field to indicate whether the amount being offered was a dollar amount of a percentage of the sales price of the home.

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Seller concession Purchase and sale agreement MLS Residential 459

Housing Wire

OCTOBER 3, 2024

Central to the suit is NAR’s Participation Rule , which required listing agents to make a blanket offer of compensation to buyer’s agents in order to list a property on a Realtor-affiliated MLS. This rule is no longer in place due to the terms of NAR’s home seller commission lawsuit settlement , which went into effect in August.

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MLS Residential Equity Agents 448

Housing Wire

AUGUST 28, 2024

Well, this settlement focuses on Multiple Listing Services (MLS) in various ways which will impact the property market. This means that MLS participants working with buyers must enter into a written agreement with the buyer before touring a property. Eric Bramlett is the owner of Bramlett Residential.

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MLS Agents Residential Brokerage 480

Housing Wire

AUGUST 22, 2024

Utah-based Wasatch Front Regional MLS , which does business as UtahRealEstate.com , is also named as a defendant in the suit. As a self-described “technology driven industry disrupter,” Homie’s business model involves charging home sellers a flat fee to list their property on the MLS. “As

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MLS Brokerage Residential Technology 482

Housing Wire

MARCH 28, 2025

Agents can now spend time converting high-quality leads that are sure to turn into more closed deals instead of spending hours trying to identify potential sellers through expired MLS listings or door knocking. Smart Data: Over 1 billion data points on residential and commercial real estate.

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MLS Agents Commercial Technology 344

Housing Wire

JULY 23, 2024

HousingWire Lead Analyst Logan Mohtashami recently wrote that higher mortgage rates “have increased recession risk by targeting the one sector that always falls before every recession: residential construction workers. In June, 38% of buyers successfully completed a purchase through Bright MLS while submitting only a single offer.

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Mortgages MLS Finance Loans 511

Housing Wire

NOVEMBER 1, 2024

Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. This includes — but is not limited to — posting to the MLS, hosting open houses and getting creative with social media. Also top of the list, agents are marketers.

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Agents Brokerage Purchase and sale agreement Commercial 448

Housing Wire

DECEMBER 19, 2023

The home seller plaintiffs and MLS Property Information Network’s (MLS PIN) efforts to address the Department of Justice’s “significant concerns” about their proposed settlement agreement in the Nosalek commission lawsuit were not enough. MLS PIN, however, has not been as fortunate.

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Housing Wire

FEBRUARY 26, 2024

In this new capacity, Greene will oversee operations, sales and customer service efforts, working to empower CoreLogic’s MLS clients. I am honored to be considered for this role. (…) I look forward to guiding my team as we set the pace to transform the residential real estate industry,” Greene said in a statement.

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Industrial MLS Residential Development 448

Housing Wire

NOVEMBER 8, 2023

Moving past cooperative compensation In early August, Bright MLS , the nation’s second largest MLS, began allowing listing agents to use a $0 blanket offer of compensation for buyer brokers and still list a property on the MLS. Let’s break down the changes and the implications. As of Jan.

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MLS Agents Closing costs Residential 468

Housing Wire

MAY 24, 2024

Mele played a pivotal role in CoStar’s strategy to dominate the residential real estate sector, advocating for the “your listing, your lead” philosophy. As part of his leadership role, Mele oversaw CoStar’s residential division, including the integration of Homesnap into Homes.com as Homes Pro.

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Residential MLS Investor Agents 462

Housing Wire

MARCH 29, 2024

The Council of Multiple Listing Services is joining Northwest MLS in filing a motion to request that it can file an amicus curiae brief in the Nosalek commission lawsuit. The MLS trade group, which represented 225 MLSs, including MLS PIN, wrote that it opposes the effort of the DOJ to “impose a policy preference on the U.S.

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MLS Residential As-is Agents 459

Housing Wire

FEBRUARY 27, 2025

While the key statistics about a property will be available to buyers in the real estate listing description, residential buyers tend to shop with their emotions. Research other agents descriptions For newer agents who dont have much experience writing real estate descriptions, go through your MLS and read what other agents are writing.

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Renovation Agents MLS Equity 381

Housing Wire

OCTOBER 19, 2023

The REBNY and the Residential Listing Service (RSL) in NYC are governed by the Universal Co-Brokerage Agreement (UCBA) and are independent from the National Association of Realtors. Starting Jan. 1, REBNY rules will prevent the listing brokers from paying buyer agents and instead will require sellers to pay commissions directly.

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Agents Residential MLS Brokerage 459

Housing Wire

OCTOBER 2, 2023

MLS Property Information Network’s (MLS PIN) settlement agreement in the Nosalek class action antitrust buyer-broker compensation lawsuit has hit yet another snag. MLS PIN, which is New England’s largest Multiple Listing Service (MLS), filed the settlement agreement in late June.

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MLS Residential As-is Industrial 435

Inman

AUGUST 2, 2024

Residential portal behemoth Zillow has settled its antitrust lawsuit against Arizona Regional Multiple Listing Service, Multiple Listing Service, Inc., over discontinuing its integration with ShowingTime+ in favor of MLS Aligned's listing platform.

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Housing Wire

JANUARY 9, 2024

Masiello sold a home on an Arizona MLS through HomeSmart “in or about October 2021.” 2023, the Masiello suit is seeking class action status for all persons who used any brokerage defendant to list and sell a home on an Arizona MLS and paid a buyer broker commission between Jan. commission ($10,250) to the buyer broker.”

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MLS Brokerage Residential As-is 488

Housing Wire

OCTOBER 16, 2023

At the crux of the case is the allegation that commission rates are too high, it’s unfair that the seller pays the buyer’s agent’s commission, and that the National Association of Realtors’ (NAR) Code of Conduct and MLS Handbook lead to set pricing. ” What’s at stake?

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MLS Brokerage Agents Residential 482

Housing Wire

AUGUST 2, 2024

When broken out, the residential construction sector added 31,700 jobs month over month, while the number of residential specialty trade contractors rose 7,400 from a month prior. Bright MLS’ chief economist Lisa Sturtevant, believes July’s jobs numbers will give the Fed more confidence about cutting interest rates in September.

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Mortgages Marketing Construction Residential 493

Housing Wire

MARCH 20, 2024

Friday’s bombshell – the National Association of Realtors ‘ proposed $418 million settlement of real estate commission lawsuits – set off a frenzy of trading for stocks in the residential real estate sector. Two of every three dollars made by the residential segment came from services for buyer agents.

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Housing Wire

OCTOBER 4, 2024

Residential construction added 2,000 jobs from a month prior and an additional 5,800 residential specialty trade contractors entered the work force. The number of long-term unemployed—that is, people unemployed for six months or more—has been on the rise,” Lisa Sturtevant, Bright MLS ’ chief economist, said in a statement.

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Construction Residential MLS Land 476

Housing Wire

JANUARY 6, 2023

The number of nonresidential building jobs again outpaced the number of residential building jobs added, at 5,800 jobs versus 3,100 jobs. Residential building construction employment increased by 0.3% Residential building is up 8.3% compared with pre-pandemic levels, while non-residential building remains 3.1%

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Housing Wire

DECEMBER 10, 2020

“It’s actually the leading rental marketplace for all types of residential rental properties, and millions of renters come to the site searching for exactly these types of homes. “That allows us to deliver millions of leads for free to brokers and agents that use an MLS to list their rental vacancies,” he continued.

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MLS Marketing Technology Agents 459

Housing Wire

DECEMBER 19, 2023

Single-family building activity drove November residential construction activity. The number of new single-family homes under construction was up more than 40% compared to a year ago,” Bright MLS Chief Economist Lisa Sturtevant said in a statement. “The compared to a year ago.

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Mortgages Construction New Construction Residential 459

Housing Wire

NOVEMBER 8, 2023

District Court for the Northern District of Illinois Eastern Division, this lawsuit also takes issue with NAR’s Clear Cooperation rule, which requires listing brokers to make an offer of compensation to buyer brokers in order to submit a listing to a Realtor-affiliated MLS.

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MLS Residential Agents As-is 459

Housing Wire

JUNE 10, 2021

REX grabbed national attention in March when the residential real estate brokerage filed a lawsuit alleging an antitrust conspiracy between listings giant Zillow and the powerful National Association of Realtors. In order to get these feeds, Zillow had to comply with the vast majority of MLS’s that adopt the NAR’s “no commingling” rule.

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Purchase and sale agreement MLS Brokerage Residential 397

Housing Wire

JULY 5, 2024

When broken out, the residential construction sector added 3,100 jobs month over month, while the number of residential specialty trade contractors rose 2,400 from a month prior. Overall, for the past year, the construction sector has added an average of 20,000 jobs per month. The first June inflation reading will be out next week.

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Construction Residential MLS Industrial 448

Housing Wire

AUGUST 19, 2024

“The biggest difference is that sellers need to have the new format and commission structure explained to them fully and carefully,” said Rachael Dotson, an agent at Rhode Island-based Residential Properties Ltd. Why would we not disclose that info in MLS? How is that protecting buyers?” I don’t think that is the case,” Twiss said.

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Housing Wire

OCTOBER 18, 2024

That’s according to monthly data on new residential construction from the U.S. More new construction is essential for easing the housing affordability challenge,” Bright MLS chief economist Lisa Sturtevant said in a statement. Census Bureau, which shows year-over-year declines in building permits (-5.7%) and housing starts (-0.7%).

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Housing Wire

FEBRUARY 28, 2024

At the center of the lawsuit is NAR’s Participation Rule, which requires listing brokers to make a blanket offer of compensation to buyer’s brokers in order to list a property on a Realtor association affiliated MLS. 2, 2019, and Oct. None of the defendants responded to a request for comment.

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MLS Residential Brokerage Agents 459