The National Association of Hispanic Real Estate Professionals (NAHREP) is warning that efforts to encourage private listings will disrupt efforts to ensure fair access to the housing market. In an unattributed statement, the organization declared, “Recent...
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...
A new data analysis by Zillow Group (NASDAQ: Z, ZG) has determined that home sellers who opted not to place their properties on a Multiple Listing Service (MLS) lost out on more than $1 billion collectively over the past two years. Zillow’s analysis concluded that...