Items Tagged with 'Real estate listings'

ARTICLES

  • 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.
    Read More
  • 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.
    Read More
  • Zillow pilots app for self-guided house tours

    Makes headway in iBuying space with app that puts consumers in control
    Zillow is testing a mobile app that enables users to tour a house for sale without the need for agent or an appointment. The app puts the control in the hands of the consumer, and it's part of Zillow's continued effort to make headway in the iBuying space. Tour it Now provides users directions to the property, unlocks the doors when they arrive, and allows them the opportunity to tour the house on their own time.
    Read More
  • 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.
    Read More
  • Zillow slapped with $60 million lawsuit over hacked listing of Bel Air mansion

    Seller sues listings giant for negligence after hackers post false sales info
    Zillow Group is facing a $60 million lawsuit for negligence after a listing on its site was hacked last month. The listing – for a $150 million property in Bel Air, California – was hijacked by someone using a Chinese internet protocol address who posted false sales information about the property, which the seller says inflicted damage by dramatically corrupting the listing price.
    Read More
  • Real estate listings site Zumper raises $46 million to build instant rental feature

    Plans “Book Now” platform with funding from Axel Springer, Blackstone
    As mellohome CEO Chris Heller recently noted, there’s a race afoot to be the dominant player offering a true one-stop-shop for homebuying. There appears to be a similar sprint happening on the rental side of the business as well. Case in point, rental listings site Zumper is preparing to roll out its own end-to-end platform that will allow renters to instantly rent an apartment or a home through its site.
    Read More
  • Redfin now offering 1% listing fee in San Francisco

    Follows nationwide expansion of lower listing fees
    Back in October, Redfin, the online real estate brokerage, lowered its listing fees in many of the markets where it operates, bringing 1% listing fees to markets like Los Angeles, Boston, and New York. One of the markets excluded from the lower listing fees was San Francisco, until now.
    Read More
  • Fast-growing local marketplace app letgo expands into real estate listings

    App now allows sale and rental listings
    If you’ve been anywhere near a TV in the last year or so, you’ve probably seen a commercial for letgo, an app that connects sellers to buyers and vice versa. Up to this point, letgo built it fast-growing business on things like electronics, collectibles, clothing, furniture, cars and more. But now, letgo is getting into housing.
    Read More
  • Nextdoor expanding real estate listings into new cities

    Will now be available in 18 markets
    Earlier this year, Nextdoor, the neighborhood social network, expanded into real estate by launching a real estate section that featured property listings in the user’s neighborhood and nearby areas. The company initially launched its real estate service in ten major markets, then added five more. And now it's expanding again.
    Read More