Iowa-based NoCoast MLS and Chicagoland MLS MRED today announced a new partnership that they say will further connect real estate professionals throughout the Midwest, as MRED continues to pursue a national (and potentially international) expansion of its platform. Created by Iowa REALTORS®, NoCoast MLS serves approximately 1,300 real estate professionals through five participating REALTOR® associations…

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Last night’s ruling in Zillow’s lawsuit against Chicago-based MLS MRED and mega-brokerage Compass represented a significant legal setback for the portal, even as the larger fight over policy and market power plays out on multiple fronts. A source close to MRED told RISMedia shortly after the court ruling that the MLS is prepared to enforce…

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Above: the Everett McKinley Dirksen United States Courthouse in Chicago. CHICAGO—Zillow Chief Financial Officer Jeremy Hofmann testified Wednesday afternoon that a permanent loss of Midwest Real Estate Data (MRED)’s listing feed could trigger what he called a “downward spiral” for Zillow’s business, as testimony continued in the preliminary injunction hearing between Zillow, MRED and Compass.…

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