Above, Art Carter The following is an open letter from Art Carter, CEO of California Regional MLS (CRMLS) to Compass CEO Robert Reffkin regarding Reffkin’s recent statement on social media claiming CRMLS’s end user license agreement forces agents to surrender ownership of content, which RISMedia covered Oct. 14. Okay, Mr. Reffkin, you got some people’s…
In a hearing today for the copyright lawsuit filed by CoStar against Zillow, Judge Edgardo Ramos of the Southern District of New York ordered both parties to submit more detailed arguments regarding the proper venue for the lawsuit, with CoStar previewing how it will allege Zillow is responsible for what the company claimed “may be…
Compass CEO Robert Reffkin has been unafraid to challenge other industry figures. Reffkin has been an outspoken critic of the National Association of Realtors®’ (NAR) Clear Cooperation Policy, and Compass is currently engaged in litigation with Zillow over the latter’s new listing rules. Reffkin has previously claimed that Zillow, NAR and MLSs “exploit” agents in…
Celebrating 25 years of success, HomeSmart unveiled a new brand identity today complete with a new logo and messaging for the brand from the stage at its annual premier agent event, Ignite: Growth Summit 2025—back where it all began a quarter of a century ago in Scottsdale, Arizona, in front of agents, brokers and franchise…
Above: Walther Vasquez Johnson, an agent with Sterling, Virginia’s J&C Real Estate Solutions, is RISMedia’s 2025 Rookie of the Year winner. Photos by AJ Canaria. Behind many a successful real estate agent is the story of what might have been. A fork in the road that could have resulted in a very different outcome. In…
Federal Reserve Governor Michael S. Barr warned Thursday that the central bank’s battle against inflation is far from over, with price pressures expected to persist until 2027, as rising tariffs continue to ripple across the economy. Speaking at the Economic Club of Minnesota, Barr said the Federal Reserve continues to face elevated risks on both…
Universal Consulting Opportunities (UCO), a subsidiary of Stellar MLS, has announced an alliance with the Confederación Inmobiliaria Latinoamericana (CILA), a private international organization representing 700,000 real estate professionals in Latin America, to deliver Multiple Listing Service (MLS) expertise and education across the region. With this agreement, CILA and UCO will work to elevate real estate…
The post-settlement period in real estate might be remembered as the era of consolidation, at least based on 2025’s headlines. Along with many smaller buyouts, the purchase of consumer portal and discount brokerage Redfin by mortgage giant Rocket, and Compass’s (still pending) deal to take over Anywhere are somewhat unprecedented, at least since the post-Great…
Maine Listings, one of the nation’s oldest statewide MLS organizations, has announced the launch of a new brand identity and the unveiling of a new logo and visual direction that is intended to reflect its mission as a customer-centric, accessible and effective multiple listing service. The organization, which serves 6,800 real estate professionals statewide, says…
Yesterday, federal Judge Jeannette Vargas of the Southern District of New York ruled on a petition by Zillow regarding the deal for Anywhere, allowing the portal giant to examine documents and communications in an attempt to determine if Compass misrepresented its reliance on private listings. Vargas denied a request by Zillow to question Compass CEO…
| Newer Posts | Older Posts |