In the wake of the news that MLSs Midwest Real Estate Data (MRED) and Realtracs were partnering with Compass (additionally with United Real Estate for Realtracs) to take their platforms nationwide, the industry has been buzzing. The potential of further nationwide MLSs and the expansion of pre-marketed listings has been one of hottest topics. Now,…
Here, RISMedia CEO John Featherston talks about the continuing shifts, trends and battles ongoing in the industry, highlighted in three must-read stories: – Howard Hanna CEO Hoby Hanna’s outspoken op-ed on MLS governance – A data-ownership-driven partnership between HomeServices and Cotality – Zillow’s new lawsuit against Compass and MRED alleging ‘conspiracy’ to hoard listings. “Whether…
Editor’s note: AI Pulse is RISMedia’s ongoing roundup of AI happenings, providing trends and real-world use cases to help navigate the rapidly evolving AI landscape. Why ChatGPT gave opposite answers to a buyer and seller on a $50 million deal It is a frustrating situation that nearly every agent is familiar with: a client trusts…
United® Real Estate has announced the appointment of David Bohm as Regional Vice President of United Real Estate Philadelphia, reinforcing the company’s continued investment in leadership. With more than a decade of experience across brokerage leadership, agent coaching and business development, United stated that Bohm joins the brokerage at a pivotal time of growth and…
As if eXp World Holdings, which includes eXp Realty, hadn’t made enough big news with its acquisition of NextHome on May 7, the company held a shareholder vote May 8 seeking to reincorporate from Delaware to Texas. The result, which followed a week delay, was announced as approved May 12 and formally filed with the…
The high-profile, industry-shaking battle between mega-brokerage Compass and dominant portal Zillow is back in the courtroom, as Zillow is asking a court to block a major MLS from cutting off its listing feed, claiming that Compass is engaging in an “illegal conspiracy” to promote its private listing and undermine Zillow. The 52-page lawsuit, which Zillow…
Above: CRMLS CEO Art Carter Back in 2020, the Clear Cooperation Policy (CCP)—compelling agents to submit properties to the MLS within one day of public marketing—recieved immediate pushback. But the headlines mostly centered on the reactions of ostensible outsiders, including listing startups that filed lawsuits and antitrust law enforcement that flagged the policy as potentially…
Lending giant UWM Holdings Corporation (UWM) has cranked up the pressure on Two Harbors Investment Corporation (TWO), raising its acquisition bid to $12.50 per share in an attempt to derail a competing deal with CrossCountry Mortgage and push the Two Harbors board back to the negotiating table. In an open letter to Two Harbors stockholders,…
Above, Howard “Hoby” Hanna IV I have spent my career in this industry watching the Multiple Listing Service (MLS) do what it was designed to do: create a level playing field where brokers of every size, every model and every strategy can compete on merit. The MLS made that possible. It is the reason a…
The post Op-Ed: The MLS is Not a Product. It’s Infrastructure. appeared first on RISMedia.
Above: HomeServices of America CEO Chris Kelly at RISMedia’s CEO & Leadership Exchange Event in 2025. Minnesota-based brokerage giant HomeServices of America and Texas-based franchisor Keller Williams has announced they are joining a “listing data interface” that will replace MLS entry with a “controlled, brokerage-level environment,” while still promising full support and compliance with local…
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