For multi-entity brokerage owners, enterprise value is built over years—through agent growth, revenue expansion and operational scale. But a new whitepaper from thedeepdive.tech, “The Valuation Discount Hiding in Plain Sight,” reveals that a silent threat in the back office can erase millions of that value the moment a buyer starts due diligence. Buyers don’t just…
Chicago-based MLS Midwest Real Estate Data (MRED) maintains a private listing network, which it has consistently defended even against pressure from other industry power players such as Zillow. Now, MRED’s private listing network is expanding outside Illinois, following an announcement on April 24 that the MLS is partnering with Compass to take its whole platform…
Building on a newly established company structure designed to accelerate innovation and support nationwide growth, Realtracs—Tennessee’s largest MLS, supporting 19,000-plus professionals across six states—has announced a major expansion with the introduction of national coverage through new brokerage participation, calling the move a “significant step forward in the next evolution of MLS platforms built to support…
Lawyers who launched the original buyer lawsuits—making largely the same accusations as Burnett but claiming homebuyers suffered harm—will seek to block the National Association of Realtors® (NAR) from striking a deal in a copycat case, asking a federal judge to block that deal based on what they describe as a “reverse auction.” In a filing…
Compass is pushing back hard against the Northwest Multiple Listing Service (NWMLS), arguing in a new court filing that its 3-Phased Marketing (3PM) strategy fully complies with Washington state’s incoming public marketing law—and that NWMLS’s counterclaims against the brokerage should be thrown out entirely. In a motion to dismiss filed April 23 in the U.S.…
Above: Colette Ching. After more than 20 years in real estate leadership, one thing has remained constant: markets change, people don’t. In every cycle, we see the same pattern. When the market is strong, many can win. When the market shifts, only the skilled and the supported rise to the top. Today, we are firmly…
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Following the big news of REMAX being acquired by The Real Brokerage, the company’s CEOs were quick to express confidence that the two companies had plenty of synergy and that the stunning joining of forces was the right move at the right time. In an interview with RISMedia, as well as speaking to investors shortly…
In yet another massive consolidation move, upstart Real Brokerage announced it is acquiring REMAX for $880 million, with Real CEO Tamir Poleg taking the reins of what will now be known as Real REMAX Group. The deal comes on the heels of several other mega-mergers in the space, most notably Compass’s acquisition of Anywhere and…
A little over a week after Zillow sought to clarify its discussions with Chicago-based Midwest Real Estate Data (MRED) over restrictions on private listings, the MLS appears to be digging in, as this week MRED CEO Rebecca Jensen sent an emotional open letter to members defending its private listing network against a “one-size-fits-all model.” With…
Chicago-based MLS Midwest Real Estate Data (MRED) just announced a seemingly transformative nationwide expansion of its platform (and private network), aiming to give agents across the country access to an MLS-backed platform for so-called “pre-marketed” properties as the industry rapidly shifts toward these new options. In an announcement shared with RISMedia, Compass International Holdings (which…
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