The housing industry is currently rife with consolidation, but the same wave of mergers and acquisitions has not taken the multiple listing service (MLS) sector by storm. Over the past two decades, the number of MLSs across the country has greatly decreased. As recently as a decade ago, there were more than 900 MLSs. But […]
‘I want one source’: Consolidation is picking up in the MLS space Read More »
Yet another MLS will not be implementing delayed marketing exempt listings. In early June, the board of directors for Minnesota-based NorthstarMLS voted to adopt the National Association of Realtors’ (NAR) new Multiple Listing Options for Sellers (MLOS) policy. But the organization will not implement the optional delayed marketing exempt listings provision or limit IDX and
NorthstarMLS says no to delayed marketing exempt listings Read More »
Broker Public Portal (BPP) — the industry-led home search initiative backed by real estate brokerages and MLSs — announced that Doorify MLS has joined as its newest strategic investor. Based in Cary, North Carolina, Doorify MLS serves nearly 15,000 real estate professionals across 16 counties in the Research Triangle — including Raleigh, Durham and Chapel
Doorify MLS joins Broker Public Portal as strategic investor Read More »
HouseSavings.com — a real estate brokerage based in central Pennsylvania — has introduced a digital-first platform that offers flat-fee and low-commission listing services with the goal of reducing costs for home sellers. The company’s model features three residential listing packages — two flat-fee options starting at $999, and a virtual full-service package with a 1%
HouseSavings.com launches flat-fee, low-commission listing platform Read More »
Northwest Multiple Listing Service (NWMLS) has introduced new disclosure requirements aimed at increasing transparency around referral fees in residential real estate transactions across Washington state. The changes include a new stand-alone Referral Disclosure form and updates to brokerage services agreements. These additions are intended to inform buyers and sellers when a broker receives or pays
NWMLS adds referral fee disclosures to real estate forms Read More »
Tensions between Compass CEO Robert Reffkin and Zillow are continuing to build in the lead up to Zillow’s new listing standards going into effect later this month. Reffkin followed up last week’s LinkedIn post claiming that Zillow no longer displays all MLS listings to prospective homebuyers, with two more posts. On Friday, Reffkin highlighted Zillow’s
Robert Reffkin continues his digital crusade against Zillow, Clear Cooperation Read More »
Consumers listing a $400,000 property for sale could save up to $10,000 in broker fees by using a “low-fee” brokerage firm, according to a report published Monday by the Consumer Policy Center (CPC). The report, written by CPC fellows Stephen Brobeck and Wendy Glich, examined both flat-fee brokers (who list a property on the MLS
Low-fee brokerages could give home sellers considerable savings Read More »
Welcome back to Tech Pulse — a new weekly series rounding up the latest in technology, including tools, integrations and trends impacting mortgage and real estate. Here’s what happened this week: UWM’s Jason Bressler challenges the fear-driven narrative around AI in mortgage lending At HousingWire’s The Gathering, United Wholesale Mortgage Chief Technology Offficer Jason Bressler challenged fears about
Tech Pulse: UWM challenges industry AI fear; Optimal Blue automates refi opportunities Read More »
Texas-based Unlock MLS has entered into a strategic agreement with Omni MLS — the largest subscriber-based multiple listing service in Latin America — to provide expanded international property access for its members. The partnership integrates Omni’s property listings across 17 Latin American countries — soon to grow to 21 — into the Unlock MLS system
Unlock MLS, Omni MLS partner on international property access Read More »
RetroRate, a startup focused on making assumable mortgages easier to find and evaluate, has raised $2.2 million in seed funding. The platform allows real estate agents to find assumable loans through MLS data and guides them through a complex approval and closing. By streamlining this process, RetroRate aims to make assumable mortgages more accessible and
RetroRate funding round will fuel assumable mortgage tool set Read More »