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northwest mls

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

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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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Compass taps former NAR settlement attorney Ethan Glass as chief legal officer

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Compass has appointed Ethan Glass as its new chief legal officer. Glass — a veteran antitrust lawyer — previously led the global antitrust and competition practice at Cooley LLP and directed U.S. Department of Justice teams that investigated and sued multiple listing service (MLS) organizations over anticompetitive conduct. “I’m honored to join Compass, a company

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NWMLS says it has ‘no duty to deal’ with Compass

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Compass and Northwest MLS (NWMLS) are continuing their war of words. Since Compass filed its antitrust suit against the NWMLS in April, alleging that the MLS’s rule requiring listings to be entered within 24 hours of public marketing and prohibiting office-exclusive listings is anticompetitive, the two parties have traded barbs via legal filings.  In NWMLS’s

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Tech Pulse: Lawmakers press FHFA on crypto for mortgages

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Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Senate Democrats press FHFA on crypto use in mortgages Five Senate Democrats are urging caution as the Federal Housing Finance Agency considers allowing unconverted cryptocurrency in mortgage underwriting.

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No matter how you slice it: Compass say NWMLS’s rules are anticompetitive

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Compass, which previously slammed Northwest MLS’s (NWMLS) motion to dismiss its antitrust suit as “misleading and self-serving,” officially fired back Monday with a formal reply filed in U.S. District Court in Seattle. Originally filed in April, Compass claims that NWMLS’s listing rules, which mandate that members must input listings into the MLS within 24 hours

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NWMLS launches voice-activated home search tool

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The Northwest Multiple Listing Service (NWMLS) has launched a new bilingual, voice-activated home search tool designed to make real estate listings more accessible to a wider range of users, including people with disabilities. The platform — called Finding Homes — allows users to search listings using natural speech through Alexa-enabled devices or apps. It’s available

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Are broker-to-broker referral fees next in the real estate hot seat?

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When the National Association of Realtors’ (NAR) agreed to implement mandatory buyer representation agreements as part of its commission lawsuit settlement agreement, the trade group said it was in the name of increased transparency.  It’s with this same goal in mind that Northwest MLS (NWMLS) said it chose to implement referral fee disclosures. “Northwest MLS

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NWMLS adds referral fee disclosures to real estate forms

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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

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