CMLS

De-risking the MLS: CEOs say consumer friendliness is the best line of defense

The legal teams at multiple listing services (MLS) have been getting quite the workout over the past few years, first with the commission lawsuits and more recently with lawsuits related to Realtor association membership and MLS access. Given these circumstances MLSs are naturally looking for ways to lower their legal risk portfolio, with “derisking” being […]

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‘It’s complicated:’ brokers talk navigating MLS relationships at CMLS

According to Craig Cheatham, the president and CEO of The Realty Alliance, if you were to assign a Facebook relationship status to the relationship between MLSs and brokers it would be “it’s complicated.”  “The MLS is at once the most valuable tool of the broker and, at the same time, it is the thing at

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Compass-Anywhere deal sparks MLS reckoning

For many in the multiple listing services (MLS) industry, Monday’s announcement that Compass was acquiring Anywhere served as a wake-up call of sorts.  Over the past year, Compass has worked to grow its stockpile of exclusive listings, but many did not consider the Robert Reffkin-helmed firm a serious threat to the MLS structure, due to

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Breaking away: MLSs explore separation from Realtor associations

In many real estate markets across the country, the local and state Realtor associations are one and the same with the local multiple listing service (MLS). However, as the real estate industry evolves, many are calling for MLSs and associations to consider “a separation of church and state.”  “For me, chocolate covered raisins are the

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