I find it fascinating that an industry that has historically resisted government involvement in the relationship between a broker and their client is now increasingly looking to the government for solutions. Across the country, states are introducing legislation around private listings, listing transparency and consumer access to housing inventory. Some support it. Some oppose it.…
Amid the evolving arms race for inventory, and policy disputes focused on listing access, Compass today launched what it is calling a website “redesign,” bringing a huge amount of “Coming Soon” listings from all its brands together in one place. Dubbed “See It First,” the mega-brokerage is pitching the new format as a way to…
REBNY (Real Estate Board of New York) built the RLS (Residential Listing Service) opt-out for a reason. Some sellers have a legitimate need for privacy: a high-profile divorce, an estate sale, a public figure who cannot have their address splashed across a consumer portal. The “participants only” status lets those sellers still benefit from cooperation…
Zillow on April 10 announced that an additional 28 brokerages have signed on to be part of its “Zillow Preview” premarketing program, bringing the total to “nearly 60,” according to the portal, as the industry continues to parse out the principles of this strategy. The new companies appear to be mostly large regional brokerages, including…