In yet another major escalation in its effort to re-shape the foundations of real estate, Compass filed a cascade of state-level ethics complaints Tuesday through 30 Realtor associations, at least 50 MLSs and real estate regulators across 26 states, targeting Zillow and focusing on allegedly misleading property designations on listings. A source with direct knowledge…
In the continued evolution of the MLS landscape as of late, California Regional MLS (CRMLS) recently announced a “Limited Exposure in Coming Soon” option for listings. A post on the MLS’s Knowledgebase blog details that the option will prevent a designated listing from being circulated through IDX feeds. Specifically, CRMLS stated that the new option…
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…
AI-powered computer vision technology company Restb.ai has announced it now reaches more than 1 million real estate agents through its growing network of MLS partnerships across the United States and Canada. With adoption spanning 26 new MLSs over the past 18 months, Restb.ai’s technology is believed to be one of the most widely deployed AI…
The tools brokers and agents use every day, from search portals and market reports to AI-driven applications, rely on one fundamental that is often unseen: accurate, timely data. Behind the scenes, the infrastructure that powers this critical data flow is managed by platforms built for reliability and scale. Cotality’s Trestle product serves as the core…
When Zillow announced its new rules restricting certain private listings, one MLS was quickly thrown into the spotlight—Midwest Real Estate Data, or MRED, in the Chicago region. That’s because for almost a decade, MRED has hosted an internal private listing service—properties shared within the MLS, but not necessarily to anyone else. While Zillow didn’t immediately…