Errol Samuelson believes “consumers and agents are being misled” about private listings, and for big brokerages, any competitive advantage would be short-lived.| RealEstateNews.com
The firm said homes initially listed privately sold faster and for a higher price, supporting its position that sellers should decide if or when to use the MLS.| RealEstateNews.com
The Leadership Team will now take up the issue, with "no specific date" for resolution. Meanwhile, CMLS calls a hasty repeal of CCP "reckless and unnecessary."| RealEstateNews.com
Objective, in-depth coverage of residential real estate news, data, technology and trends for real estate agents, real estate brokers and executives.| RealEstateNews.com
More Clear Cooperation and private listings| RealEstateNews.com
The brokerage’s leaders are betting on a future where Clear Cooperation is repealed, aligning tech and marketing strategies around exclusive listings.| RealEstateNews.com
Most sellers don’t know much about MLSs or private listing networks — but they want an agent who can get their listing in front of the largest pool of buyers.| RealEstateNews.com
Robert Reffkin said “it’s only a matter of time” before Zillow becomes a national MLS. Zillow, meanwhile, advocated for a strong MLS and equal access to data.| RealEstateNews.com
Watch the conversation with Zillow CEO Jeremy Wacksman as he explains why savvy shoppers are better for agents, and why private listing networks are “just bad.”| RealEstateNews.com
Agents who work with high-profile clients like pro athletes and entertainers say privacy, discretion and security are top priorities.| RealEstateNews.com
Sellers in mostly white areas lose nearly $4K per home, Zillow found. A senior economist said the trend threatens to return real estate to “the dark ages.”| RealEstateNews.com
The new analysis was done by Zillow, whose CEO said private listings “come at the expense of the seller” and are an attempt by some brokerages to “double dip.”| RealEstateNews.com
Two regional studies of home sales found that properties listed on the MLS sold for significantly more than homes sold off-MLS.| RealEstateNews.com