Washington’s law restricting private home listings took effect June 11—and both sides of the state’s high-profile fight over listing policy have very different takes on the new rules. Senate Bill 6091, signed in March, requires that any residential property publicly marketed in Washington be concurrently marketed to the general public and all real estate brokers. …
Google’s effort to embed listings directly into its world-dominant search engine just expanded nationally as the tech mega-company leans into the scramble for listing control and display. Starting this summer—but currently limited only to mobile—consumers across the country will see entire listings with photos, pricing, home characteristics and the identities of listing agent and brokerage…
For Danny Hernandez, real estate has never been only about closing deals—it’s about the families on the other side of them. Over 36 years in the industry, he has helped thousands of them reach the closing table, an experience that now informs how he leads Realty ONE Group’s expansion beyond U.S. borders. As Vice President,…
Above, Jessica Edgerton (courtesy of CMLS) Amid a fundamental reorganizing of the MLS space, the Council of Multiple Listing Services (CMLS) announced that Jessica Edgerton, a lawyer who previously served in high-profile leadership roles at Leading Real Estate Companies of the World® (LeadingRE) and as a lawyer for the National Association of Realtors® (NAR) will…
A transaction starts with a seller, and ends with a buyer. Everything in between is theoretically flexible—though for many years, not much has changed, as sellers have relied on agents to list properties directly on local MLSs, which subsequently syndicate properties to consumer portals that have the most reach with buyers. Today, the industry faces…
CoStar has filed an amicus brief—a brief filed by a non-party, or a “friend of the court”— urging a federal judge to deny Zillow’s effort to block Midwest Real Estate Data (MRED) and Compass from cutting off its listing feed, arguing the portal giant is seeking court-ordered access to MLS listings while hoarding its own…
The real estate industry is consolidating around national MLS platforms like MRED and Realtracs. On the surface, it’s a straightforward story; bigger platforms offer better technology, lower costs and easier operations for brokers who work across multiple states. But when you talk to the brokers actually managing this transition, a different picture emerges. The shift…
The June 8 deadline for Zillow to fall in line with Realtracs’s updated listing rules came and went on Monday, with no immediate disruption or impact on listings. Rather than suspend Zillow’s access to its MLS data feed as it had threatened, Realtracs said negotiations with the portal remain active and will continue beyond the…
The labor market remains in good standing, beating out economist expectations for another month in May as the rest of the economy continues to waiver under the pressure of geopolitical uncertainty. The latest Employment Situation Summary from the Bureau of Labor Statistics saw the U.S. add 172,000 jobs in May, “well above forecasts ranging from…
Late last year, Bright MLS General Counsel Brian Schneider was doing what millions of people do every day—asking AI large language models (LLMs) like ChatGPT, Claude and Google Gemini for information on real estate listings. But Schneider’s motives were very different from the average consumer. As part of a regular review process, Schneider was checking…
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