In a bold move that underscores deepening tensions between MLSs and major real estate portals, Realtracs—in an email sent to its members Wednesday morning—has announced that it intends to cut off Zillow’s access to its MLS data feed effective June 1. The decision comes after Zillow allegedly refused to comply with the new IDX display…
As if the usual residential real estate flashpoints of fluctuating interest rates, affordability and inventory issues in many parts of the country weren’t enough to worry about, now agents must keep a watchful eye on the potential effects of market interrupters such as the tensions in the Middle East and jobs-swallowing AI. Many experienced Realtors®…
Above, Brian Donnellan, left, and Brian Schneider In an op-ed published earlier this month, Brian Donnellan, CEO of Bright MLS, referred to much of the recent industry upheaval as “noise.” Partnerships, consolidations, new entrants—all things that “sidestep” issues that directly affect real estate professionals, he argued. Also in that op-ed, Donnellan revealed that Bright was…
Private listings and networks remain a hot-button issue in real estate, one where sharp lines are being drawn—with MLSs playing a critical role. Recently, Compass announced a partnership with Midwest Real Estate Data (MRED) to bring that MLS’s private listing network nationwide. Other MLSs, such as Tennessee’s Realtracs, have also gone national, even if the…
A federal judge in Chicago has granted preliminary approval to settlement agreements with more than 20 real estate companies in a major antitrust lawsuit filed by recent homebuyers challenging commission practices in the residential real estate market. On May 26, U.S. District Judge Lindsay C. Jenkins approved opt-in agreements in the case Tuccori v. At…
The “high-stakes” Chicago-based legal battle between Zillow, Midwest Real Estate Data (MRED) and Compass continued to evolve today as parties argued expectations about discovery and the path ahead for the case. Following a hearing last Friday where Judge John Tharp stepped between the parties in regard to the cut off of listing feeds from MRED…
Data and marketing firm PropStream has announced its attendance at InvestHer Con 2026 June 14-16 in Scottsdale, Arizona. According to a release, the event offers a curated experience for female real estate investors to learn actionable tips on scaling their businesses on their own terms. To help prepare for real investing challenges, example scenarios will…
Above, left to right: Zillow CEO Jeremy Wacksman, MRED CEO Rebecca Jensen and Compass International Holdings CEO Robert Reffkin Against the backdrop of a nationwide fight over listing access, data control and marketing strategies, Chicago has become a flashpoint, with MLS Midwest Real Estate Data (MRED) recently cutting Zillow off from its listing feeds, ostensibly…
Michael Sherman leads Zillow Rentals, overseeing the business and product teams responsible for Zillow’s rental marketplace. Since joining Zillow in 2012, Sherman has held leadership roles across several of the company’s businesses, focusing on building products and partnerships that create value for both consumers and industry partners. Under Sherman’s leadership, Zillow Rentals has grown into…
SkySlope—a transaction management solution for real estate brokerages—has announced the launch of SkySlope Forms support within Cloze—an AI-powered real estate platform. This is an expansion of the pre-existing integration between the two companies, creating a more connected experience that takes agents from first contact to signed contract without ever leaving their workflow. First launched in…
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