Compass Inc. (NYSE: COMP) has filed a lawsuit against Seattle-based Northwest Multiple Listing Service (NWMLS), accusing it of “monopolistic” and “anticompetitive” behavior. Earlier this month, NWMLS suspended Compass’ IDX feed, citing the brokerage’s private...
California Regional MLS (CRMLS) is rejecting the National Association of Realtors’ (NAR) newly enacted Multiple Listing Options for Sellers policy. NAR’s policy created a category of exempt listings called “delayed marketing exempt listings” that will allow a seller...
The Northwest Multiple Listing Service (NWMLS) has suspended Compass’ IDX feed, citing the brokerage’s private exclusive listings in the Seattle market. Compass began publishing private exclusive listings in the NWMLS market last month. NWMLS did not offer...
eXp Realty, a subsidiary eXp World Holdings Inc. (NASDAQ: EXPI), has rolled out its open-sourced “Seller Advisory: Risks of Limited Market Exposure” form. Billed as the “first-of-its-kind resource,” the new form is being made available to every brokerage, portal, and...
Redfin (NASDAQ: RDFN) has followed the example set by Zillow (NASDAQ: Z, ZG) in prohibiting some private listings on its platform. Glenn Kelman, the company’s CEO, announced the policy shift in a blog posting where he declared, “Because we believe that all buyers...
Lofty Inc. (formerly Chime Technologies) has rolled out a Lofty Bloom, an automated lead generation tool. According to the Phoenix-based company, is designed to drive hyper-local brand awareness and inbound seller leads digital retargeting ads and AI-driven follow up...
