Items Tagged with 'Multiple Listing Services'

ARTICLES

  • 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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  • 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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  • Trulia doubles MLS partnerships in 2014

    Now boasts direct relationships with 125 MLSs
    It turns out that 2014 was quite a good year for Trulia in terms of forming new partnerships with multiple listing services. During 2014 alone, Trulia entered into 69 new MLS relationships, with 21 in the fourth quarter alone, more than doubling its previous total.
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  • Zillow acquires real estate data startup Retsly

    Company’s goal is to normalize MLS data
    “Retsly’s platform will spur tremendous innovation in the real estate space, enabling developers to build software that works across MLS boundaries and without the overhead of dealing with local data formats,” said Spencer Rascoff, Zillow CEO.
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  • New real estate firms may challenge traditional brokers

    New online companies are signing onto multiple listing services to get MLS data online, but they still don't provide traditional brokerage services. This fledgling business model has the potential to cause a rift with more traditional brokers, Inman reports.
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  • Growth Business: Redfin Moves into REO Listings

    It appears that former retail real estate agents aren't the only ones flocking to the booming REO business these days. Online real estate brokerage Redfin.com said Wednesday that it launched a new version of its Web service that combines bank-owned foreclosure and for-sale-by-owner listings, along with more traditional broker-listed properties from various local Multiple Listing Services (MLS) in the markets the company serves.
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