News
Robert Reffkin and MRED CEO claim Zillow threatened litigation over listing access
2+ hour, 27+ min ago (683+ words) Compass CEO Robert Reffkin and MRED CEO Rebecca Jensen testified in the second day of Zillow's preliminary injunction hearing. The case centers on IDX and VOW data feeds, Zillow listing access standards, and alleged coordination between Compass and MRED." AI…...
Real Estate Expert Jan Finley of Santa Ynez Highlights the Value of Local Expertise for Hello Nation
4+ hour, 27+ min ago (724+ words) What makes local expertise so essential in real estate today? A Hello Nation article provides the answer, explaining how deep community knowledge shapes better decisions for buyers and sellers. The feature, titled The Value of Local Knowledge in Santa Barbara…...
Pre-market, office exclusive listings guidance underway, NAR says
10+ hour, 10+ min ago (517+ words) The National Association of Realtors will soon offer policy recommendations on a topic that has been the subject of intense controversy in the real estate industry for over a year: pre-marketing. In a closed meeting of the NAR Multiple Listing…...
Elxis" Values Keep Attracting Clients: Transparency, Honesty, Reliability, Deep Real Estate Expertise
12+ hour, 26+ min ago (1039+ words) Elxis is a leading provider of real estate and legal services in Greece. With offices in Thessaloniki, Crete and Utrecht in the Netherlands, they have managed the purchase, sale, and legal handling of homes since 1991. The Elxis portfolio ranges from…...
Disgusted: Zillow antitrust fight with Chicago MLS, Compass draws out fiery testimony from CEOs
22+ hour, 39+ min ago (611+ words) Compass CEO Robert Reffkin and Chicago MLS head Rebecca Jensen turned up the heat in the Chicago federal courthouse Thursday as they slammed Zillow's crusade against private real estate listings. Day two of Seattle-based Zillow's preliminary injunction hearing centered on…...
NAR trades MLS advisory board for "work groups
23+ hour, 42+ min ago (529+ words) One new group will tackle listing broker attribution, IDX and VOW policy modernization, and the "reimagining" of mandatory policies in the NAR MLS handbook. The National Association of Realtors assured multiple listing service executives of its continued support at last…...
Day 1 of Zillow-MRED hearing: Collusion or contradiction?
1+ day, 2+ hour ago (623+ words) Execs from Zillow, Compass and MRED testified in Chicago on Wednesday in a hearing that could have implications for how listing rules can be enforced. Leaders from Zillow, Midwest Real Estate Data (MRED) and Compass took to the courtroom on…...
Zillow says MRED, Compass used MLS rules to pressure its listing standards
1+ day, 4+ hour ago (1143+ words) Zillow asked an Illinois federal judge to block MRED from suspending its IDX and VOW feeds, alleging a Compass-backed group boycott tied to private listing networks. MRED and Compass say Zillow listing access standards violate an objective criteria rule rooted…...
CRMLS unveils "Limited Exposure Coming Soon" option for sellers
1+ day, 4+ hour ago (438+ words) In response to broker feedback, the California-based MLS has added a new option for coming-soon listings allowing sellers to forego broad internet distribution. 'Limited Exposure Coming Soon': Instructions for the new listing status known as "Limited Exposure Coming Soon" were…...
Consumer Federation Petitions FTC and DOJ to Investigate Compass Over MLS Partnerships " RISMedia
1+ day, 6+ hour ago (670+ words) Specifically, the letter calls out Compass's partnership with Midwest Real Estate Data (MRED)announced back in Aprilto take the Chicago-based MLS's platform (and its private network) nationwide." Since the announcement of this foundational partnership, the letter notes that Compass has…...