Items Tagged with 'MLS'

ARTICLES

  • Anti-trust lawsuits contesting buyer broker compensation rules heat up

    Plaintiffs join forces, strengthen allegations against NAR, MLS providers
    In recent months, the National Association of Realtors and four leading multiple listings service providers have been hit with two class-action lawsuits taking aim at buyer broker compensation rules. Now, things are heating up as the two plaintiffs have teamed together, filing an amended complaint in Chicago federal court that consolidates their cases, tosses six more plaintiffs into the mix, and elaborates on the allegations.
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  • DOJ demands to see CoreLogic's MLS data in antitrust probe

    Investigation follows lawsuits against NAR, MLS providers on buyer broker compensation rules
    The Department of Justice recently sent a letter to CoreLogic requesting access to its MLS data regarding buyer broker compensation, a clear sign that the federal authorities are actively investigating allegations of antitrust violations among multiple listing service providers.
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  • NAR slapped with second class-action lawsuit to end buyer broker compensation

    Suit alleges mandatory fees for buyer's brokers violate anti-trust laws
    A second class-action lawsuit has been filed in protest of the buyer broker compensation rules set forth by the National Association of Realtors. The suit alleges that NAR and MLS providers violated federal antitrust laws by requiring property sellers to pay the buyer's broker an inflated fee, a claim NAR called "completely without merit" as it vowed to defend its policies in court.
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  • Class-action lawsuit takes aim at buyer broker compensation rules

    Home seller claims NAR, MLS providers have conspired in violation of anti-trust laws
    A class-action lawsuit filed last week by a Minnesota home seller is taking aim at the big four multiple listing services that have transformed the real estate business. The suit alleges that the National Association of Realtors has driven up costs to sellers and has stifled competition by requiring brokers to offer buyer broker compensation when listing a property on an MLS site, and it names NAR, Realogy, HomeServices of America, RE/MAX and Keller Williams as the culprits.
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  • Real estate tech company Remine raises $30 million to grow MLS platform

    Series A funding led by Stripes Group, a New York equity firm
    Remine, a real estate tech company that was honored last year as one of HousingWire Magazine’s HW Tech100, announced this week that it raised $30 million to grow its data-focused MLS platform. Remine partners with MLSs to offer real estate agents and their consumers an MLS platform that utilizes data and analytics to offer “actionable intelligence.”
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  • Remine launches mobile MLS platform

    Gives real estate agents contact info on 300 million consumers
    MLS platform Remine just launched a mobile multiple listing service platform covering the 35 largest MLS markets in the nation. The app allows user to view new opportunities on the run, provides contact information on more than 300 million consumers and has a chat function for conversations between agents.
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  • CoreLogic launches consumer-facing websites for MLS clients

    Does latest move take aim at Trulia, Zillow or other listing sites’ territory?
    Aiming to simplify consumer access to real estate listings, CoreLogic announced on Monday a partnership with Homes.com to offer consumer-facing real estate websites to its multiple listing services clients. After a stream of acquisitions in the valuations space, it seems CoreLogic is beginning to move into real estate territory. Could it be taking aim at Trulia, Zillow, or other MLS sites?
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  • Game-changing real estate technology makes its way to Dallas

    NTREIS strikes up partnership with Remine
    Remine announced its new partnership with the North Texas Real Estate Information Systems, which will bring game-changing technology to more than 30,000 Dallas-area Realtors. Remine will allow Realtors to identify and market to would-be homebuyers at a time when real estate in Texas is hotter than ever.
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