In a matter of weeks this quarter, all the major brokerages partnered with portals to pre-market their listings. Compass routed its pre-market listings to Redfin; Zillow formed its own coalition—with Keller Williams, Berkshire Hathaway HomeServices, RE/MAX, United Real Estate and Side—as it launched Zillow Preview. And eXp Realty announced a “Coming Soon” partnership with Realtor.com®,…
Compass is big—historically big. That is something that no one in the industry is disputing. After its acquisition of Anywhere and all that company’s brands, Compass International Holdings (a new parent company overseeing all these new subsidiaries) oversees somewhere in the range of 80,000 agents, who collectively closed half a million transactions last year. What…
The National Association of Hispanic Real Estate Professionals® (NAHREP) has announced the installation of Edwin Acevedo, broker/owner of CENTURY 21 LOTUS in Southern California, as the 2026 National President. Acevedo was officially installed during the recent NAHREP Homeownership and Housing Policy Conference in Washington, D.C., where housing leaders, policymakers and industry stakeholders convened to discuss…
The legal battle between Northwest MLS (NWMLS) and Compass escalated this past week as NWMLS filed counterclaims in federal court, accusing the nation’s largest residential brokerage of violating Washington’s Consumer Protection Act, fraudulent misrepresentation and tortious interference—charges Compass swiftly dismissed as retaliation by a “monopolist” protecting its own turf. The counterclaims, filed April 2 in…
Compass continues to make headlines this week as Compass International Holdings has announced the appointment of Rory Golod—previous co-leader of Compass’s brokerage business and chief of staff for CEO Robert Reffkin—to the new role of president of Growth. As the company moves forward, restructuring and setting a new path after its massive merger with Anywhere…
ERA Real Estate has named Eddie Wilder of ERA Wilder Realty in Columbia, South Carolina, as the first-ever recipient of its new Spirit of ERA Award. The award honors the legacy of Jeff Riber, who ERA said spent over 30 years with the brand, displaying dedication and passion, and leaving an impact still felt over…
An open letter directed to MLS providers by Compass, Redfin and Rocket Mortgage was made public last week. It represents a new low in disingenuous behavior. In it, they make an argument for “seller choice” in permitting sellers and their agents to withhold listings from MLSs so they can be introduced in “private listing” networks…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Hanna Holdings opts in to copycat buyer settlement Hanna Holdings has opted into a copycat buyer-broker commission settlement, even as litigation tied to the agreement continues to face challenges in federal court. In…
A federal judge dealt a significant blow to Washington-based Northwest Multiple Listing Service (NWMLS), refusing to throw out an antitrust lawsuit brought by the real estate giant Compass. In the 23-page order filed Thursday, U.S. District Judge Jamal N. Whitehead denied NWMLS’s motion to dismiss the lawsuit, ruling that Compass at this early stage, had…
As a cascade of “premarketing” partnerships and programs sweep through the industry, Compass International Holdings (CIH), Rocket and Redfin have sent out a letter asking MLSs to change their policies to support phased listing distribution and cease punishments on agents for “seller-directed marketing plans.” The letter, obtained by RISMedia, was seemingly shared with MLSs and…
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