Housing Wire

NOVEMBER 11, 2024

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

MLS Brokerage Days on market Agents 370

Housing Wire

NOVEMBER 22, 2024

The plaintiffs take issue with what they claim is a requirement for agents and brokers — in Michigan and nationally — to be members of NAR, their state Realtor association and a local Realtor association in order to gain access to the MLS. The three plaintiffs are real estate professionals.

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MLS Agents Residential As-is 370

Housing Wire

DECEMBER 30, 2024

A report released Monday by the National Association of Realtors (NAR) showed an increase in pending home sales for the fourth consecutive month. NAR’s Pending Homes Sales Index (PHSI) report is a forward-looking source that predicts home sales based on contract signings. The report found that pending home sales jumped 2.2%

Sales 435

Sales Mortgages MLS Marketing 435

Housing Wire

JANUARY 24, 2025

Existing home sales finished 2024 on a high note after a dismal year for the housing market. The December report from the National Association of Realtors (NAR) shows existing-home sales at a seasonally adjusted annual rate of 4.24 Sales in 2024 finished at just 4.06 Available existing homes for sale fell to 1.15

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Sales New Construction MLS Construction 366

Housing Wire

NOVEMBER 27, 2024

The latest signal comes from the National Association of Realtors ‘ (NAR) Pending Home Sales Index (PHSI), which shows sales in October growing 5.4% “Homebuying momentum is building after nearly two years of suppressed home sales,” NAR chief economist Lawrence Yun said in a statement. year over year.

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Sales Marketing MLS Lending 370

Housing Wire

JANUARY 24, 2025

Matching listings appear on the client’s saved search channels, alongside MLS listings. Some agents call any non-MLS listings “ pocket listings.” Tim Quirk, Final Offer’s co-founder and chief strategy officer, said the new feature will help clients “test the market” before using an MLS.

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Marketing MLS Sales Agents 370

Housing Wire

MARCH 26, 2025

On Tuesday, MLS Property Information Network (MLS PIN) and the plaintiffs in the Nosalek suit, filed requests asking Judge Patti B. MLS PIN and the Nosalek plaintiffs first filed their proposed settlement agreement during the summer of 2023. DOJs supplemental response addresses none of these points, MLS PIN writes.

MLS 207

MLS Residential As-is Industrial 207

Housing Wire

NOVEMBER 5, 2024

And for all talk about getting a good deal on a purchase or sale, people still just want to find the right home and have a smooth process. 1 need, while only 14% said they wanted help in negotiating the terms of the sale. The survey also shed light on the different methods by which agents are marketing homes for sale.

Purchase and sale agreement 435

Purchase and sale agreement Agents MLS Sales 435

Housing Wire

NOVEMBER 8, 2024

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.”

MLS 418

MLS Staging Technology Agents 418

Housing Wire

APRIL 4, 2025

Office exclusives are becoming an increasingly significant segment of the Bright MLS marketplace, according to a recent Bright MLS study examining their impact on the broader housing market. Office exclusives take longer to sell and offer no price advantages over immediately promoting a home through the MLS, it said.

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MLS Brokerage Agents Sales 306

Housing Wire

MAY 16, 2024

With the latest industry turmoil around compensation, steering and more due to lawsuits and the investigation by the Department of Justice , those outside the housing industry would assume the benefit to listing a home on the MLS would be negligible. “[That study] just showed the averages off-MLS versus the averages on-MLS.”

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MLS Sales Residential As-is 437

Housing Wire

APRIL 8, 2025

After Jensen took over as CEO in 2015 , MRED created an internal MLS private listing network after survey feedback from subscribers found that many were frustrated by the number of pocket listings and sales occurring.

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MLS As-is Industrial Agents 340

Housing Wire

MARCH 11, 2025

Why listing scams are on the rise Unlike home sales, land transactions often skip in-person meetings or property access, which makes it easier for scammers to impersonate legitimate owners without detection. Public records & MLS misuse Scammers exploit MLS history and public records to appear credible. Use a service.

Agents 360

Agents MLS Land Sales 360

Housing Wire

JUNE 25, 2024

News of the deal, which the board learned about late last week, surprised the MLS executives who had been approached by the shareholders in January. REcolorado is the 16 th largest MLS in the country with 25,000 members. So when the shareholders offered to let the MLS buy itself out, “we jumped at the chance,” Vincent said.

MLS 435

MLS Equity Sales Investor 435

Housing Wire

MAY 29, 2024

Northwest MLS , the largest multiple listing service in the Pacific Northwest, will not take part in the $418 million agreement reached by the National Association of Realtors (NAR) in the Sitzer/Burnett case. Secret deals’ The NWMLS board of directors made the decision to opt out at its most recent meeting, the organization said Tuesday.

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MLS Brokerage Agents As-is 508

Housing Wire

DECEMBER 14, 2023

OneKey MLS has acquired Mid-Hudson MLS according to an announcement on Monday, growing its membership to nearly 50,000 agents. The Poughkeepsie-based Mid-Hudson MLS is a broker-owned MLS serving over 1,400 agents in Dutchess County and the Mid-Hudson Valley area.

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MLS Agents Industrial Closing 435

Housing Wire

APRIL 14, 2025

According to a statement from Redfin CEO Glenn Kelman on Monday, Redfin.com will not publish any listings that have been publicly marketed before being shared with all real estate websites via the MLS. Kelman said Redfin is doing this because it believes that all buyers should be able to see all listings.

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MLS Brokerage Agents Design 397

Housing Wire

MARCH 4, 2025

In a news release, Compass CEO Robert Reffkin appeared to openly taunt the National Association of Realtors (NAR), whose CCP rulerequires a Realtor to put a home for sale on the local NAR-affiliated multiple listing service (MLS) within a day of marketing a listing. decrease on the national median sale price.

Agents 380

Agents MLS Brokerage Days on market 380

Housing Wire

MAY 20, 2024

Rental software provider RentSpree announced on Monday a new partnership with UtahRealEstate.com (URE), a multiple listing service (MLS) serving approximately 20,000 real estate professionals across Utah. Lastly, RentSpree scored another partnership with the Houston Association of Realtors (HAR), the second-largest MLS in Texas.

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MLS Finance Agents Design 446

Housing Wire

MARCH 3, 2025

And while most of the talking points espoused on both sides of the debate remain fairly consistent, those who are in favor of the policy have recently started to claim that an agent who doesnt list their sellers properties on the MLS may be exposing themselves to legal liability. Jerrold Bregman, a partner at BG Law , shares a similar view.

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MLS Agents Brokerage Industrial 374

Housing Wire

MAY 30, 2024

Pending home sales sales dropped 7.7% The NAR’s Pending Home Sales Index declined to 72.3 New-home sales , which are also based on contract signings, fell 4.7% Existing-home sales also declined last month to a seasonally adjusted annual rate of 4.14 Year over year, pending transactions fell 7.4%. All four U.S.

Sales 531

Sales MLS Mortgages Marketing 531

Housing Wire

MAY 30, 2024

Bright MLS , the nation’s second-largest multiple listing service, is set to overhaul its platform this summer to align with new standards stemming from the National Association of Realtors ’ recent settlement of the real estate agent commission lawsuits. Bright MLS also tells agents and brokers that commissions are negotiable.

MLS 448

MLS Seller concession Agents As-is 448

Housing Wire

JUNE 27, 2024

In a statement released Wednesday night, REcolorado warned Denver-area Realtors that outside ownership of the local MLS could bring added uncertainty during an already uncertain time and suggested that their data could be compromised. REcolorado is the 16th-largest MLS in the United States and has 25,000 members.

MLS 418

MLS Equity Brokerage Sales 418

Housing Wire

NOVEMBER 30, 2023

Bright MLS released its National Housing Market Outlook on Wednesday, which shows that affordability will remain the biggest challenge for homebuyers next year. Home sales are expected to rise, as homebuyers will have more options to choose from. Existing-home sales will end 2024 at 4.6 for much of the year before reaching 6.2%

MLS 493

MLS Closing costs Sales Mortgages 493

Housing Wire

FEBRUARY 12, 2025

In some states, the door has been open for many years to real estate agents who want to access their local MLS without being a Realtor. In late 2024 , PAR announced it would be allowing non-Realtors to access the MLS it co-owns with Arizona Regional MLS (ARMLS) starting Jan.

MLS 337

MLS Agents Industrial As-is 337

Housing Wire

SEPTEMBER 27, 2024

An explosive period for Denver’s multiple listing service (MLS) has come to an end, but an even more controversial one might be beginning. The Denver Metro Association of Realtors (DMAR) and South Metro Denver Realtors Association (SMDRA) were the majority shareholders prior to the sale to Burks and MAZL. This is not an MLS.

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Purchase and sale agreement Sales MLS Agents 476

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.

MLS 435

MLS Technology Residential Mortgages 435

Housing Wire

MARCH 26, 2025

Unlike listings marketed under the office exclusive carve out that is part of the existing Clear Cooperation Policy (CCP), delayed marketing listings are submitted to the MLS and available to be viewed by all MLS participants. However, NAR noted that the VOW display must meet all the requirements outlined in NARs MLS policy.

Marketing 317

Marketing MLS Brokerage Days on market 317

Housing Wire

OCTOBER 29, 2024

According to Bright MLS, it’s the slowest annual gain in 2024 thus far and the first monthly decline since December 2022. Though significant, this drop in rates has not yet resulted in a significant uptick in demand and home sales activity, which meant home price growth continued to mellow.” gain year over year, less than the 4.8%

Mortgages 487

Mortgages MLS Equity Loans 487

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 393

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.

MLS 448

MLS Technology Residential Banks 448

Housing Wire

OCTOBER 2, 2024

REcolorado has taken a big step toward moving on from its controversial sale earlier this year. The Denver -area MLS has named a new CEO in Dana Bennett, who returns to REcolorado after an 18-month stint away from the company. After Burks purchased the MLS in June, REcolorado rolled out a revised participation agreement to its members.

Purchase and sale agreement 435

Purchase and sale agreement Sales MLS Industrial 435

Housing Wire

JANUARY 14, 2025

TAN filed the lawsuit in May of 2020, claiming that the purpose of the suit was to stop NAR and its affiliates from conspiring to shut down competition, disrupt the relationship between real estate agents and their clients, and take away a familys freedom to choose how to market their home for sale.

Agents 370

Agents MLS Sales Marketing 370

Housing Wire

JUNE 26, 2024

Homebuilders with unsold inventory are feeling the pinch of high mortgage rates — and it’s showing up in new-home sales data. Census Bureau ’s new-home sales report for May shows that transactions took a nosedive to a seasonally adjusted annual sales volume of 619,000. months at the current sales rate in May. It was at 8.1

Sales 459

Sales MLS Closing costs Equity 459

Housing Wire

NOVEMBER 30, 2024

Typically, with franchise organizations, it’s all about the sales process and bringing on more franchises. But if you’re a member of an MLS , you have to follow the same rules as everybody else. If you have to put a property in the MLS within 24 to 48 hours, then you play by the same rules.

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MLS Brokerage Agents Industrial 370

Housing Wire

OCTOBER 7, 2024

Under its new ownership, REcolorado MLS rolled out a new Participation Agreement. REcolorado denies that the agreement does either of these things, claiming that the agreement gives it copyright over the compilation of the MLS database. They say the MLS has not hosted an event where agents can ask questions.

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MLS Sales Brokerage Agents 476

Housing Wire

OCTOBER 27, 2023

In reality, consumers are better off and business competition thrives very much because of NAR’s rules and how well local Multiple Listing Service (MLS) broker marketplaces function. These local MLS broker marketplaces work in favor of consumers every day.

MLS 488

MLS Brokerage Agents Closing costs 488